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L&G lets 70,000 sq ft at Festival Business Park

Legal & General’s Industrial Property Investment Fund has let 70,000 sq ft at its Festival Business Park in Basildon, Essex, to three separate occupiers.

Global Freight Connections, a freight-forwarding specialist, has taken a 20,070 sq ft unit on a 10-year lease.

Leonardo MW, an advanced engineering company, has let a 20,064 sq ft unit on a nine-year lease.

TeamSport Go Karting, an indoor go-karting company, has taken the third unit – an end-terrace 29,650 sq ft warehouse on a 20-year lease.

There is a final 17,755 sq ft unit still vacant on the site.

Glenny and JLL are joint letting agents on the scheme.

To send feedback, e-mail Louisa.Clarence-Smith@egi.co.uk or tweet @LouisaClarence or @estatesgazette

This article was first published on 26 October.

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