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VSL furnishes new home for manufacturer

A furniture manufacturer is undergoing a major expansion after taking on a new industrial unit.

Frovi has moved into an 11,000 sq ft unit on the Park 34 Southmead Industrial Estate in Didcot in a deal agreed by commercial property specialists VSL.

The unit has been fully refurbished and includes a secure yard. A 10-year lease at £8.50 per sq ft has been agreed.

The move marks significant growth for Frovi which already has a unit nearby at Southmead Industrial Park, Gooch. VSL acted for landlord Standard Aberdeen and the estate is now fully occupied.

Duncan May, associate director at VSL, said: “It is good to see a local company expanding and building on its success.

“Didcot is proving an increasingly attractive location as it continues to expand, providing a ready-made workforce on the doorstep. We have achieved rental growth for the unit which shows that demand for this type of property is growing.”

ENDS

For further information, contact:

Claire Thompson Papa Romeo PR, M: 07811339577 E: claire@paparomeopr.com

 

About VSL & Partners

VSL & Partners is an Oxford based commercial property consultancy providing a wide range of office, industrial and retail services to landlords and tenants throughout Oxfordshire.

VSL was established in 2002 and now has the largest dedicated commercial property agency team in Oxford.  Other services include: Commercial Property Lease Advice, Valuation, Consultancy, Technology Company Advisors and Business Rates Appeals.  In 2018 VSL was named for the ninth year running as Oxfordshire’s best performing commercial property agency. In 2018 VSL has been ranked as Oxfordshire’s top performer by CoStar data.

For further information or to speak to one of the VSL experts, please call 01865 848488 or visit www.vslandp.com

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