Swiss sanitaryware specialist Geberit UK has secured a five year lease renewal on its prime national distribution centre in Alsager, near Crewe in he Northwest.
Landlord Moorfield Group agreed the deal this week on the 325,000 sq ft property, which it acquired in 2018 for £16.25 million. The building has 10.2m clear heights, 11 dock loading doors, along with parking for 32 cars.
Geberit, which employees 12,000 people in 50 countries, uses the 325,000 sq ft single-let warehouse as its sole national distribution centre in the UK and has occupied the site for a number of years. The lease was due for renewal in December 2020.
At present the Northwest is one of the regions with the least amount of warehouse supply in the country with less than a years’ supply.