Vale Park Industrial Estate, Evesham
Client: Karndean International Ltd.
Location: Evesham, Worcestershire.
Value: £3,000,000 for industrial unit and £400,000 for tenant fit out works.
Whilst working at Drivers Jonas Deloitte I was the lead engagement partner responsible for providing technical due diligence advice on behalf of the tenant, for the development of a new industrial unit on a new site adjacent to the existing Vale Park Industrial Estate, Evesham.
The unit comprises a 75,000sq ft warehouse unit with two storey offices to the front elevation.
Drivers Jonas Deloitte were initially appointed to provide advice on the structuring of a development agreement to purchase the completed unit though this was later changed to a development agreement for the pre-let of the unit. We were also appointed to project manage and administer the tenant fit out works to the offices and the warehouse areas.
The works were completed in June & August 2008 on time and within budget.
- Pre contract due diligence
- Development monitoring
- Contract administration
- Drivers Jonas Deloitte
- Edgeworth Street