Portway West in good letting form

Following a comprehensive marketing campaign G H I Formwork (UK) Ltd is the new tenant of 17 Smeaton Road, on Portway West Business Park.

The former breakdown and recovery premises comprise 3,858 sq ft with an enclosed yard in a prominent corner plot on this thriving business park on the west side of Andover. “This is an ideal unit for us” said Garry Grimes of G H I Formwork (UK) Ltd, “we are experiencing a noticeable upturn in demand for all types of formwork and from Andover we can reach all parts of Central Southern England in little more than an hour”.

James Clay of London Clancy who acted for the private landlord reported “we were able to generate a good level of interest but in the end you need a purchaser or tenant who can perform. The overall outlook is improving for all types of industrial premises with the supply dwindling and demand holding up in the strengthening economy of the south”.

The privately owned unit has been let to G H I Formwork (UK) Ltd on a 3 year lease on a full repairing and insuring basis.