Distribution company Brakes Bros is renting a former Asda cold store warehouse of 250,00 sq ft in Portbury. The early 90s warehouse is located on a 17-acre site adjacent to Junction 19 of the M5 Motorway, and was last occupied by Asda in September 2013.
The letting to Brakes Bros is on a 30-year lease subject to five yearly indexed rent reviews. The letting to Brakes, and an onward sale to Tritax Big Box REIT, was made by Colliers International.