CRT Property Investments Ltd, a subsidiary of the Coalfields Regeneration Trust, the only organisation dedicated to supporting former mining towns and villages, and its asset manager Blue Marble Asset Management (Blue Marble) have let a 20,000 sq ft industrial warehouse in Nottingham.
Travel accessories design company Design Go Ltd has taken a three-year lease on Unit 6B Blenheim Park, Nottingham NG6 8YP, a 20,398 sq ft, grade A warehouse / industrial unit. CRT Property Investments Ltd and Blue Marble were represented by the Nottingham office of Commercial Property Partners (CPP).
CRT Property Investments Ltd acquired Unit 6B with the assistance of Blue Marble, as part of a multi-million pound off-market investment in 34,000 sq ft of prime industrial space in Blenheim Park which is located on the North-West side of Nottingham, less than five minutes’ drive from Junction 26 of the M1.
The letting to Design Go is part of Blue Marble’s pro-active asset management programme to optimise its client’s investment.
Property Investment and Development Director for CRT Property Investments Ltd, Shaun O’Brien, says: “We’re extremely pleased to have signed this new lease with Design Go Ltd. The unit is a fantastic building in a prime location for the motorway network and for the skilled Nottingham workforce. It is easy to see why they chose it.
“We would like to thank Blue Marble for their great work. As always it has been a pleasure working with the team.”
Amy Haywood, Senior Property and Asset Manager at Blue Marble, says: “Our pro-active asset management strategy has enhanced our client’s investment. We deliver added value to meet our clients’ investment objectives by pro-active management to a pre-agreed strategy.”
CRT Property Investments Ltd is a subsidiary of the Coalfields Regeneration Trust, the only organisation dedicated to supporting the coalfield communities to help themselves.
Responding to the challenge from Government to become self-financing, the property investment company will provide a return that will continue to allow the Coalfields Regeneration Trust to create programmes that meet with the diverse and complex needs of the communities throughout the UK.
With some 5.5m people living in these areas, and many falling into the 30% most deprived in the country, there is still a lot of work to be done to restore these communities to the thriving villages and towns they once were.