By Liza Helps, Property Editor, Logistics Matters

THE COMPANY is relocating from its existing head office premises in Southeast London to logistics developer Padrock’s single unit development Erith Logistics Hub and has negotiated a 15 year lease. The new building, which is currently being fitted out, will be used as the company’s headquarters and Global Distribution Centre with the expectation that it will be fully operational by April 2027.

The 71,530 ft2 building is located within the established Belvedere and Erith industrial area. It has 12.5m eaves, and six dock and two level access doors served by a 35m yard. It also includes 11,190 ft2 of fitted offices across two floors. It has been built to target BREEAM Excellent and an EPC A rating.

Padrock has around 1m ft2 of Grade A urban MLI and logistics accommodation under construction or ready for development with a combined gross development value of approximately £500m.

Glenny advised Nevilles on the letting. Agents for Erith Logistics Hub were DTRE, CBRE and M1 Agency.