Home and garden products retailer The Range has agreed to lease a 750,431 sq ft distribution facility in South Yorkshire in one of the largest warehouse lettings in the UK this year.
The company, headquartered in Plymouth, will base its national distribution centre at Nimbus Park in Doncaster on a site previously occupied by logistics giant DHL.
CDS (Superstores International), which trades as The Range, has taken the warehouse on a 20-year lease. Letting agents CBRE and Jones Lang LaSalle were quoting £4 per sq ft.
The building was originally let to DHL/MFI on a 10-year lease at annual rent is £3.075 million in 2007. The cross dock property boasts 15m eaves as well as 75 dock and 13 level access doors.
Ian Harris, senior director at CBRE, said: “Nimbus is a unique building in the market both in terms of its size and the fact that we were able to secure the fit out from the previous tenant, DHL.
“These factors, together with the location which gives access to the motorway network and the east coast ports, mean that it fits The Range’s requirements for its National Distribution Centre and will support the growth of the business going forward.”
The fully fitted warehouse is located adjacent to the M18 just north of Doncaster which is located at the intersection of the M62, M18 and A1(M).