Discount retailer takes The Vault warehouse

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Lancashire-based discount specialist B&M Retail has bought Rockpoint’s 618,839 sq ft The Vault facility at Liverpool International Business Park at a price in the region of £14.85m with the help of a £1.75m in grant aid from a regeneration agency in Merseyside.

The company is looking to spend a further £8m on fitting out. CB Richard Ellis and M3 advised Rockpoint.

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