Culina Distribution Complex, Wolverhampton

CULINA DISTRIBUTION COMPLEX, WOLVERHAMPTON
CULINA DISTRIBUTION COMPLEX, WOLVERHAMPTON 2

Description

Establish working relationship with Baylis for joint ventures to accommodate new warehousing space for Baylis.

Opportunity

A Freehold warehouse estate occupied by Baylis Logistics which was the subject of a sale and leaseback deal to Baylis.

Value Added

  • A team of consultants were appointed to agree a specification for a new warehouse within the estate.
  • Obtained planning permission for a new 50,000 high bay warehouse.
  • Constructed new warehouse within budget and within timetable of 6 months.
  • Negotiated assignment of lease on entire estate to stronger covenant (Culina Logistics).