28/02/2017
RO Real Estate, the UK commercial property investment and development company, has completed the letting of a large warehouse unit at Station Approach in Frome, Somerset.
RO
has leased 7,271 sq ft of space in Unit A to Serious Strength Equipment Ltd, one
of the largest suppliers of pure strength and conditioning equipment in Europe,
on a 10 year lease. Established occupiers close by include Jewsons, City
Plumbing, Frome Tiling, Train Station Gym, Frome Reclamation, Family Bargains
Retail Store and Asda.
The
premises comprise a warehouse forming part of a former factory subdivided into
four units for trade counter and leisure businesses – with 32 car parking
spaces situated at the front of the building. It is strategically located on the
Somerset/Wiltshire border with excellent road access to major networks.
Nick
Moore, Senior Investment Manager, said: “We are pleased to have signed a 10
year lease with Serious Strength Equipment Ltd, who have made a long term
commitment to this estate and are a welcome addition to the tenant mix.”
RO Real
Estate was advised by Myddelton & Major, Serious Strength Equipment Ltd were
unrepresented.
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Ends -
For further
information:
Nick Moore, RO Real Estate
020 7025 1785
Kirsty
Allan, Tavistock Communications
020
7920 3150
Notes to Editors:
RO
Real Estate is a privately-owned company specialising in commercial property
investment and development in the south east, with a portfolio of more than £80
million of properties. It is the property division of the RO Group, which was
founded in 1932 by Stanley Graham Rowlandson. His innovative attitude to
business has been carried forward by his son, and current Chairman, Richard
Rowlandson, who used the Group’s property and retailing experience to develop
over 40 neighbourhood centres in the 1980s and 90s and 30 Pegasus Retirement
Homes in the 2000s. Now Graham’s grandson and current Group Managing Director,
Edward Rowlandson has grasped the mantle overseeing the Group’s investment in
various entrepreneurial ventures which in addition to commercial property
investment include residential development and high quality holiday lodge sites.
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