On behalf of long term clients, Tim Gilbertson of FHP has brokered a deal with DMW Logistics for them to take a lease of excellent warehouse accommodation on a large site adjoining their current base on Oddicroft Lane, just off the A38 at Junction 28 of the M1 Motorway.
This 40,000ft² building attracted substantial interest from the commencement of marketing and a deal was agreed with DMW to facilitate their expansion much to the delight of FHP’s client.
Tim Gilbertson commented:
“We literally turned down two or three other parties for this building to run with DMW, who are well known to our client and who he was pleased to conclude a further deal with.
“We wish DMW well in their new base that increases their storage capacity by 25%. DMW has recently won substantial amounts of extra business from existing and new clients. The benefits of the site were “too good to miss” said Operations Director, Phil Swindells.
“On a personal note though this latest deal, with a couple of other similar sized buildings under offer, leaves stock levels dangerously low. We had to turn down other parties for this unit and demand remains good so if any potential vendors or landlords are looking to appoint agents to sell or let their premises in the region then it is safe to say that demand is good and competing supply is negligible.”