Furniture retailer CSL has taken a warehouse on Grantside’s 19-acre Foxcover Distribution Park in Seaham. It has taken the 37,000 sq ft unit on a ten-year lease at a rent of £4.75 per sq ft. The company will be using the new warehouse as a storage and distribution facility.
The first phase of the development totalling 125,087 sq ft was let to seafood specialist Cumbrian Holdings in May 2007, providing the company with new headquarters. A subsequent pre-let of a further 135,000 sq ft was secured in April this year. This latest deal with CSL brings total lettings on the park to just under 300,000 sq ft. Steve Davis at Grantside said: “Foxcover provides an ideal distribution location benefiting from excellent transport links including close proximity to the A19 and the newly constructed port at Seaham.”
There is one 62,000 sq ft unit remaining which is available through joint agents King Sturge and GVA Lamb & Edge.