Rent Review agreed in Northampton on behalf of Debenhams
09 May 2019
Innova acting on behalf of Debenhams have agreed a rent review on thier distribution warehouse at Lodge Farm Industrial Estate, Northampton. The warehouse comprises approximately 124,800 sq ft of accommodation with a mixture of dock and level loading. A competitive rent was agreed based on £4.58 psf wef December 2017. This compares favourably with more modern buildings, close to motorway junctions which can now attract rents approaching £7.00 psf.