RO completes two lettings at Katherine House, Hertfordshire

RO Real Estate, the UK commercial property investment and development company, has completed two lettings, totalling 6,060 sq ft of office space at Katherine House in Potters Bar, Hertfordshire, generating an additional rent roll of £120,340 p.a.

RO has leased 2,443 sq ft of space to Next Step Care Management, a nationwide organisation offering alternative residential accommodation to young people, on a 10 year lease. A P Xpress, a design company supplying printed labels to the fashion industry, has taken a further 3,617 sq ft of space on a 10 year lease.

Katherine House is a 3 storey self-contained office building, offering allocated parking for up to 18 cars. It is conveniently located near Potters Bar railway station which provides a 30 minute service direct to London Kings Cross Station.

Richard Bourne, head of RO Real Estate, said: “We are pleased to have secured full occupancy at Katherine House. These lettings demonstrate the momentum across our portfolio and the intensity we strive to put into all our asset management activity. The proximity to the mainline station and the availability of parking were key factors.”

Brasier Freeth LLP acted for RO, while Next Step Care Management and A P Xpress were unrepresented.

RO Real Estate 020 7025 1780 [email protected]
John West Belvedere Communications 020 3735 8896 [email protected]

RO Real Estate and its various sister companies are wholly owned subsidiaries of the RO which is a family owned group of companies established in 1932.  The RO has always invested in a diverse range of interests which today embraces commercial property, housebuilding, holiday lodges and financial services.

RO Real Estate, the commercial property division, has built over 1.1 million sq ft to date and currently manages c700,000 sq ft of office, industrial, retail and hotel accommodation.  All acquisitions are funded through its existing cash resources, meaning that it is able to move quickly if the appropriate investment criteria are met.

RO’s housebuilder, Metis Homes, builds modern homes with traditional values and has created a diverse portfolio of bespoke, high quality homes in prime locations – from traditional properties in rural settings to contemporary town centre schemes. 

In 2017, Metis’ achievements were recognised at the What House Awards, acknowledged by the industry as ’the housebuilding Oscars’, where they were presented with the Gold Award for Best Small Housebuilder.

RO Real Estate website