Online furniture retailer secures Wakefield warehouse sublease
Online furniture retailer Bedkingdom has expanded its warehouse operations by sub leasing 55,756 ft2 of space at a warehouse on Oakwell Way, Birstall in Wakefield, as it accelerates its growth ambitions across the UK furniture market.
By Liza Helps, Property Editor, Logistics Matters
THE COMPANY has taken surplus space within a large single storey modern warehouse with offices from incumbent tenant Cubico on a sublease. The move forms part of the retailer’s wider strategy to support rising customer demand and broaden its product offering beyond beds into a more comprehensive furniture range.
Bedkingdom chief operating officer Levon Hall said: “We’ve seen strong growth as we’ve expanded beyond beds into a wider furniture offering. This new facility gives us the space and infrastructure we need to continue that momentum and better serve our customers.”
“We’re focused on building a more comprehensive furniture destination while maintaining the value and service our customers have come to expect.”
Bedkingdom started selling mattresses online with a £400 investment in 2011. The company now has several brand-owned ranges of furniture, including Flair Furnishings, Noomi, Recoil, and Solace+Co, and curates a collection of boutique furniture brands – employing 49 people across the business.
Michael Steel & Co advised Cubico on the deal.
