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Manufacturer takes entirety of trading estate

Orchard Street has fully let Centro Trading Estate in Hemel Hempstead to HEL Group.

The firm, which manufactures laboratory tools for safety, optimisation and scale-up, will occupy 16,000 sq ft on a 15-year lease, at a price of £17 per sq ft.

HEL plans to use the space as its global headquarters and manufacturing hub.

This move follows a refurbishment of the building, delivered by landlord Orchard Street Investment Management, transforming its green credentials, and improving the EPC rating from a C to an A.

Adroit Real Estate Advisors and Brasier Freeth advised Orchard Street.

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Photo from Orchard

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