NG Brokers Tasty Deal for Fast-Growing Food Supplier, Freshcut Foods
16th April 2018
Commercial property specialists NG Chartered Surveyors and Musson Liggins have brokered a deal to renew the lease of a 40,000 sq ft warehouse in Beeston, Nottingham, to Freshcut Foods.
Acting on behalf of the landlord, Sunny Landa – Director at NG – sealed the deal, with the end result being Freshcut Foods renewing their ten year lease at Lilac Grove.
Freshcut Foods is a market leading provider of added value vegetables, fruits and carbohydrates to food manufacturers and food service operators in the UK. Currently, they employ approximately 250 people across their two manufacturing sites.
The company was recently sold in a management buyout led by chief executive officer David Bondi, and backed by London corporate finance house Perwyn.
“This has been a very satisfying deal to work on, as it means our client now has a tenant of the calibre of Freshcut Foods for the next decade. Their willingness to take another ten year commitment shows not only the strength of their business, but also the strength of the local industrial market.
“On behalf of the team at NG, we’d also like to congratulate David at Freshcut Foods on the management buy-out: we’re sure the firm will continue to go from strength to strength under his stewardship.”
David Bondi added:
“We are really pleased to have agreed this further lease which gives both us and our landlord security for the next ten years. Matthew Liggins, as ever, has done a great job helping us secure this.”
Matthew Liggins of Mussons Liggins acted on behalf of Freshcut Foods, and stated:
”I have acted for Freshcut Foods for many, many years and it has been a pleasure to have been able to assist the company throughout its growth and development culminating with the buyout. My congratulations to David and his new management team.”