Easter Park, Berkshire, secures major letting

  Elliott TurboMachinery has taken a 60,000 sq ft warehouse and 8,000 sq ft of office space at Easter Park in Aldermaston, Berkshire.   The industrial and business space letting is said to be one of the largest Thames Valley lettings of the year.   The 240,000 sq ft Easter Park scheme is located midway between Reading and Basingstoke.   Elliott TurboMachinery Limited has taken a 15-year term with a tenant’s break at the tenth year at a stepped rent, rising to £5.75 per sq ft in the fourth and fifth year, on the 60,000 sq ft warehouse.   Eight of the larger industrial units have now been either let or sold and this letting takes the industrial scheme to 70% let or sold with just four units remaining.    Colin Brown, director of Easter Group, said: “We are delighted to complete this letting, which secures a long-term occupier for our largest industrial unit and our largest office building in one hit.   “Our Aldermaston scheme is now home to some 30 businesses underscoring the quality of the scheme.”   Jones Lang LaSalle and Haslams advised Easter Group and Baker Davidson Thomas represented Elliott TurboMachinery.   nathan.cross@estatesgazette.com   To access all EGi news stories and commercial property data sign up for a free trial today, or visit the subscription options page to find out more.