US candle retailer Yankee Candles has finally secured Standard’s Life’s 170,000 sq ft 4Mation warehouse after winning planning permission to increase the amount of office space.
The building totals 164,885 sq ft and boasts 12 m eaves, 16 dock and one level access door, 50Kn/m floor loading and 98 parking spaces. It is located on a 7.86 acre site in Avonmouth, less than 2 miles from Junction 18/18a of the M5/M49 and 10 miles from the M4/M5 interchange.
Yankee Candles is thought to have agreed a 10 year lease at a rent in there region of £6.25 per sq ft. Letting agents are GVA and Colliers while Williams Gunter Hardwick acted for Yankee Candles.
Malcolm Gunter, from Williams Gunter Hardwick, said: “The fact Yankee Candle is more than doubling the floor space in its current North Bristol base speaks for itself. It is a very successful company and a large part of its business is online.”
Yankee Candles will use the Avonmouth base as its national distribution centre and is planning to add a further 7,500 sq ft to the existing 6,000 sq ft of office space.