Topps Tiles Expands at Zennor Trade Park with New Lease

Deal News | Nov 20, 2024 | DTZ Investment Management Ltd

Topps Tiles Expands at Zennor Trade Park with New Lease

DTZ Investors has secured a new letting agreement with Topps Tiles for Units 4 & 5 at Zennor Trade Park, a multi-let industrial estate in Balham, South West London. The estate spans approximately 67,000 sq ft and already hosts notable tenants such as Rexel, Toolstation, Screwfix, and Wolseley. This new lease enhances the trade counter presence at the estate, which benefits from excellent transport links via Balham Underground and Rail stations, as well as major roads. The transaction was facilitated by Grant Mills Wood and BNP Paribas Real Estate on behalf of DTZ Investors.

Sectors

  • Real Estate
  • Retail

Geography

  • United Kingdom – The transaction takes place in Balham, South West London, which is relevant to the geography of this article.
  • London – The specific location of the transaction is within Balham, which is a part of South West London.

Industry

  • Real Estate – The article discusses a new property letting at Zennor Trade Park, involving DTZ Investors and Topps Tiles, which is a part of commercial real estate transactions.
  • Retail – Topps Tiles, a prominent retail participant in this transaction, is leasing space to expand its trade counter operations, a key part of the retail industry sector.

Financials

    Participants

    NameRoleTypeDescription
    DTZ Investment Management Ltd.LandlordCompanyDTZ Investors is the property's landlord, responsible for managing the leasing agreement with Topps Tiles.
    Topps TilesTenantCompanyA major retailer in the tiles industry, Topps Tiles is expanding its presence at Zennor Trade Park with a new lease.
    Grant Mills WoodLegal AdvisorCompanyOne of the advisors representing DTZ Investors in the new letting of Units 4 & 5 at Zennor Trade Park.
    BNP Paribas Real EstateReal Estate AdvisorCompanyCollaborated with Grant Mills Wood, advising DTZ Investors on new lettings at Zennor Trade Park.
    Rexel, Toolstation, Screwfix, WolseleyExisting TenantsCompanyThese companies are existing tenants at Zennor Trade Park, indicating a strong trade counter presence.