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.
Browsing: Property
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.
PPG Land has secured two detailed planning consents on its Link 62 development near Wakefield, West Yorkshire.
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.
Sants Pharmaceutical Distributors, part of The Co-operative Group, has pre-let a 190,000 sq ft warehouse in Stoke on Trent.
The battlle to secure planning for big sheds in the South continues… Liza Helps reports on the latest moves
Parcel delivery company City Link has taken a sub-lease on a modern warehouse at Silverstone Drive, Gallagher Business Park in Coventry from STP Group.
Despite rumours to the contrary occupiers could find that securing space in Greater Manchester is harder than they think. Liza Helps investigates.
