Saturday 22nd Oct 2016 - Logistics Manager

Vital London shed deal

Vitabotics has taken 100,000 sq ft of warehousing at the JVC distribution centre at Staples Corner, North West London.

It has secured the space on a 7 year lease at an initial annual rent of over £9 per sq ft subject to a minimum guaranteed uplift at rent review at the 5th year.

The warehouse forms part of a complex which accommodates JVC’s UK headquarters distribution facility which is surplus to operational requirements. The remaining accommodation available to let within the complex comprises Grade A office accommodation of around 40,000 sq ft, as well as a prominent existing warehouse of approximately 30,000 sq ft.

Letting agents were DTZ and Bray Fox Smith. Tunde Adegbemile of DTZ said: “From a logistics perspective, demand activity continues to be dominated in the main by the food retail sector, although there are signs of improving activity from the health and pharmaceutical sector.”