VALAD Property Group has let a 135,000 sq ft high bay warehouse at the Wakefield 41 Industrial Estate to Leeds-based Northern Foods on a five year lease at £4.25 per sq ft.
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Greenstar UK has taken Invista’s 193,000 sq ft warehouse unit known as ‘Atlas’ in Edmonton, North London on a 25-year lease, with a break option after 20 years.
King Sturge has been instructed by Associated British Food to sell the 37,559 sq ft Pataks Food Production Unit at Pearce Avenue, West Pitkerro Industrial Estate in Dundee.
South West developer KMV has paid Premdor £2.75m for its 7.2 acre former site on Bristol Road, Bridgwater which it intends to refurbish and extend.
UK clothing manufacturer and supplier Uneek Clothing Company has agreed a new 10 year lease on Bluemantle’s 136,00 sq ft warehouse on Wirral Business Park, Upton.
Empire Direct has paid Wrenbridge about £6million for its 88,443 sq ft Meteor 90 scheme in Northampton.
Developers Wilson Bowden and joint venture partner Miller Birch have launched plans for a new 1 million sq ft industrial, warehouse and office scheme at Sinfin Moor in Chellaston, Derbyshire.
Bathroom supplier TC Bathrooms is moving to a new £11m 205,000sq ft headquarters and distribution centre at PPG Land and Clugston Estate’s 28 acre Bretton Business Park, Dewsbury.
Sants Pharmaceutical Distributors, part of the Co-operative Group, has pre-let 190,000 sq ft warehouse at Henry Boot’s Meir Park scheme in Stoke on Trent.
Some landlords could be forced to demolish empty warehouses in order to avoid paying tax on unoccupied sites following the government’s decision to scrap rate relief.
