Bericote rolls up Asda - Bericote Properties

The shed developer has prelet the 70,000 sq ft first phase that is planned on the site to ASDA for a recycling facility.

 

The total funding commitment to buy the site and develop the facility for Asda is around £20m. The deal shows supermarket demand for distribution is strong.

 

Phase two will add around 140,000 sq ft.

 

GVA Lamb Edge and CB Richard Ellis act for Bericote.

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