3PL Eddie Stobart has taken a lease on a large multi-unit warehouse and distribution development in Foston, Derbyshire.
The development at Merlin Business Park consists of five warehouses and storage units totalling 134,651ft2 with eaves heights ranging from 7.5-8.5m.
The site benefits from a concrete surfaced yard offering extensive loading, parking and outside storage options and is secure/self-contained.
“The development was previously occupied for a number of years by a haulier and completely lends itself to Eddie Stobart’s use as a warehouse and distribution site for them,” said Rushton Hickman, Director, Mark Richardson, who advised on the deal. “We commenced marketing of the development late December. By February a deal to lease the site had been agreed with Eddie Stobart Ltd with completion in April.”
Fellow Director Graham Bancroft commented, “Both the distribution and industrial sectors remain the strongest drivers in the regional commercial market. Demand is currently outstripping supply.”