Toy retailer takes 90,500 sq ft at PLP Ellesmere Port
BargainMax.co.uk has signed a lease for Unit 1 at the logistics park owned by PLP, a joint venture between Peel L&P, Macquarie Asset Management, and Canadian investor Ivanhoe Cambridge.
PLP Ellesmere Port is located on twelve acres by Junction 8 of the M53. The warehouse estate comprises two warehouses, which were built speculatively. While the first is taken by toy retailer BargainMax.o.uk, the second is available. That warehouse comes in at 138,600 sq ft.
Glencar Construction completed construction on the warehouses in October last year. Both have been built to BREEAM Excellent standard, with options for occupiers to harness renewable energy from solar panels on the roofs.
“In welcoming BargainMax.co.uk to PLP Ellesmere Port they join a growing list of occupiers acquiring carbon net zero warehousing facilities in the UK,” said Matt Fitton, development director at PLP.
“It is clear that this is becoming a key requirement for the occupational market which continues to endorse PLP’s long-standing commitment to deliver all new speculative to this standard.”
Alex Woolfstein, director of BargainMax.co.uk, shared why the company chose to make PLP Ellesmere Port its home.
“PLP Ellesmere Port will provide us with the logistical infrastructure to support our continued growth as well as driving improved efficiency in this sustainable new-build warehouse,” Woolfstein said.
“Ellesmere Port is a hub for fulfilment centres and we look forward to joining the long list of well-established businesses in the area,” he continued. “Our aim is to drive engagement in the local community through job creation and investment in the facility through local partners.”
B8 Real Estate and Gerald Eve advised PLP on the deal. BargainMax.co.uk was unrepresented.