Capita Symonds Completes Wetherby Subletting

6 June 2011

Acting on behalf of parent company Capita Group plc, Capita Symonds’ real estate division has completed the subletting of 150,000 sq ft at Unit 760, Thorp Arch, Wetherby.

The unit (part high bay and part conventional warehouse/ offices) has been let to Lindam, the UK’s largest nursery products provider, on two subleases at the passing rent of £445,464 per annum until August 2017. 

An industrial agency team completed the deal which represents savings of over £4 million for Capita over the residual term of the lease.

Andrew says: “This was a good team effort with Andrew Warde in rating providing rating advice and mitigation as well as James Rowcroft in building consultancy who carried out some roofing works that were necessary as part of the deal. This is our first major project for Capita and one which we have achieved a great result for in a very short space of time. Lindam were identified early as a prospect, and following a period of negotiation and getting landlord’s consent, we closed the deal very quickly.”

DTZ acted on behalf of Lindam.

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