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Express Gifts takes 105,000 sq ft in NW

Express Gifts takes 105,000 sq ft in NW

Express Gifts, the mail order business, is to take an extra 105,000 sq ft of North West warehousing.

It will take the former Gelent unit at The Bear, Widnes.

Express Gifts, who are part of the Findel Group headquartered in a 500,000 sq ft Manchester warehouse, took the building on a new 10-year lease.

The facility consolidates a number of other North West warehouses.

The landlord, Threadneedle Properties, was represented by specialist surveyors B8 Real Estate.

B8 partner Jon Thorne said: “Although this property is an older second-hand building interest shown in it and the fact that it was let within 6 months of being vacated is another encouraging sign of occupier demand in the North West logistics market.

“The Express Gifts requirement started specifically in the Manchester area but was widened to a North West search area given the lack of any suitable options around Manchester.  This again shows how occupiers are prepared to widen their search areas when they have warehouse requirements given the lack of suitable buildings that are available to them in the market.”

Davies Harrison acted for  Express Gifts.

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