Browsing: Property

It’s not only a long but a lonely one, with the Midlands and North West sections of the M6 accounting for 38 per cent of the UK’s total empty warehouse space. But this might be changing. JESSICA DAVIES reports.

Plans for a £48m business park in Lancashire comprising 680,000 sq ft of mixed-use employment space, including large industrial units of up to 400,000 sq ft, have been given the go-ahead by Burnley Council.

F&C REIT Asset Management, on behalf of IRP Property Investments has let the 27,764 sq ft Unit B warehouse at Hemel Gateway, Hemel Hempstead to Irish based photographic and medical diagnostic imaging company Photologic on a ten-year lease at a rent of £7.

Blackburns Metals has relocated its aluminium coil and plate processing business from its Tipton site to London and Cambridge Properties’ 38,669 sq ft warehouse at the Pensnett Estate in Kingswinford.

Tuffnells Parcels Express, the business-to-business parcel distribution specialist, has invested £2m in a new 13,000 sq ft purpose built operational centre in Lanark.