Browsing: Property

Gladman Developments has won planning permission for a £20 million, 317,859 sq ft industrial and distribution scheme at Wentworth Distribution Park, Tankersley, South Yorkshire.

Goodman has secured planning consent for its 400,000 sq ft facility at Centrum West in Burton-on-Trent, Staffordshire.

The Co-Op, advised by Strutt & Parker and DE & J Levy, has sublet Unit 8, Prince’s Court, Wapping Lane, London, E1, to DHL.

Footwear distributor, Gardiner Bros. & Co (Leathers) has just acquired two distribution units totalling 30,212 sq ft at St Modwen’s 32-acre, Quedgeley West Business Park in Gloucester.

Leeds-based Northern Foods has snapped up the 135,000 sq ft former RCS warehouse on the Wakefield 41 Industrial Estate following the haulier’s demise earlier this year on a five-year lease.

Tools and fixings supplier Toolstation, has taken a 15 year lease on a 140,000 sq ft distribution complex at Quintain Estates’ Arrow Valley scheme in Redditch, Worcestershire.

Food-packaging manufacturer Scholle Europe has taken REIT Asset Management’s 40,517 sq ft warehouse at the Follingsby Park warehousing development in Gateshead on a ten-year lease with a five-year break, at a rent equivalent to £209,230 per year.

The amount of new warehouses being speculatively developed in the UK has fallen by a whopping 43 per cent according to the latest King Sturge Industrial & Distribution Floorspace Today survey.

John Good Shipping has taken Units 3, 4 and 5 totalling 38,295 sq ft in Block D at Orwell Terminal on Walton Avenue, Felixstowe on a 15 year lease at a rent of £4.25 per sq ft from landlord RREEF advised by Atisreal.