Broag - Remeha

Wokingham Office/Industrial Acquisition

The Challenge

Broag - Remeha are a leading manufacturer of domestic and commercial boilers. Due to expansion they required additional space. They identified a building that broadly suited their requirements. However, another company occupied part of the space that was required, and the terms that had been offered by the Landlord were not attractive. Broag were therefore not sure this was the best all round solution; however at the same time another party was expressing interest in the building.

The Solution

Campbell Gordon were appointed to search the market for alternative properties, to negotiate the commercial terms and to secure the building as required.

The Result

Campbell Gordon showed that the selected building was the most suitable. They negotiated commercially attractive terms, and agreed a deal that allowed Broag to take occupation of the space they needed now straight away, with the right to expand into the additional space when the other occupier vacated.

'We appointed Campbell Gordon because we wanted to make sure we had found the best building and to get us the best deal. The terms they ultimately secured were a substantial improvement on those that had been initially offered to us; we were very pleased. We will continue to pick up the phone to Campbell Gordon when we need property advice in the future.'

Brian Price - Director, Broag - Remeha

 

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