What a FIREM Refurb Looks Like: Severnbridge Industrial Estate
When an industrial unit needs a new lease of life, this is the kind of radical refurbishment we can achieve at FI Real Estate Management.
Sitting just off the west bank of the River Severn, close to the Prince of Wales Bridge linking Gloucestershire and South Wales, is the well-established Severnbridge Industrial Estate.
Although demand for industrial space has skyrocketed in recent years, especially in light of the pandemic, finding an occupier for Unit 4 on Severnbridge Industrial Estate was proving to be an enduring challenge.
Which made sense. The 68,425 sq ft unit had been left in a poor state by the previous tenant and despite efforts to keep the unit in top condition, it was clear a new lease of life was in order.
What we did
Today, the unit is barely recognisable from how it looked just months prior, with our extensive overhaul delivering:
a full redecoration of external cladding with roof repairs,
a freshly painted epoxy-finish warehouse floor,
four new electrically operated roller doors,
overclad two-storey open-plan office space measuring 7,337 sq ft,
new electrics with motion sensor LED lighting,
and upgradable three-phase 270 kva electricity supply.
That’s in addition to two bays, significant loading, storage and parking areas, minimum eaves height of 8.2 and 10.3 metres, a secure gated yard, dedicated car parking, and full circulation around the unit for commercial vehicles. We’ve left enough scope that an incoming tenant can opt for a bespoke fit-out too.
Before and after
Below, we’ve compared photos of the unit before and after the 12-week refurb and the difference is night and day.
"A blank canvas"
Tom Shaw, the unit’s Asset Manager, commented: “The unit’s a blank canvas now for a variety of tenants to benefit from. It’s been a very exciting project to be involved in and that’s because it’s been such a great team effort at FI Real Estate Management.
"This imposing unit fronts the whole estate, and demonstrates our commitment to improve and maintain the estate’s image.
“We always pride ourselves on making sure our tenants move in as swiftly as possible. That includes providing business rates support, grants and funding opportunities with the local authorities, utilities advice as well as an on-site facilities manager that can assist them with moving in.”
Our refurbishment plans at this estate do not stop here; we’re already working on the requirements for future units. Whether you’re looking for office or retail premises, we’ve got the space you need anywhere in the UK.