Frozen food distributor Oops! has agreed a 100,000 sq ft letting in Birkenhead, Merseyside. The new retail operation of frozen food supplier KPFF has already opened three stores and plans a further 30 this year alone. Oops! is relocating in Knowsley and will take the cold store facility at Valley Road on a new 10-year lease.
The site is being developed by Glenbrook and HIMOR. Following acquisition of the site last year from Appreciate Group PLC, the joint venture partnership has further developed its plans for the remainder of the nine-acre site. The project involves the refurbishment of an existing 45,000 sq ft industrial unit, which is due to be completed next month, and the creation of nine speculatively developed new units providing a total of 21,000 sq ft industrial accommodation starting from 1,600 sq ft upwards. Designed by locally based firm SD Architects, work on the smaller units is due to start in the second quarter of this year.
Noel Davis, CEO, Oops! said: “Over the last six months our business has grown by 300%. The new site on the Wirral will provide us with an superb base to service our stores in Bolton, St. Helens and Preston and provide us with the platform we need to roll out our own frozen food retail brand. ”
Speaking on behalf of the joint venture, Chris Lloyd, investment director at Glenbrook commented: “Securing a tenant for a significant proportion of the site shortly after the purchase demonstrates the strength of the offer at Valley Road. The availability of labour, its location and size of available accommodation will appeal to a range of occupiers.”
Mark Diaper, associate director at Legat Owen, joint agents for the scheme with LM6, concluded: “With part of the site already occupied, we are receiving a good level of enquiries for the refurbished unit which offering 9.5-metre eaves, an excellent power supply and a spacious yard. It is arguably the best refurbished facility of this size available in North Wirral.”
James Harrocks at Harrocks Commercial Property represented Oops!
Legat Owen & LM6 represented Glenbrook.
📹 Take a look at @hellostok, our recently completed intelligently designed workspace of up to 58,000 sq ft in Stockport Town Centre.
In this short video, Andrew Gardiner @edwardsco_mcr talks about the space and the exciting opportunities it offers.
https://youtu.be/G3-BPE3m_zs
📰 Glenbrook Investments has completed the £3million freehold acquisition of Commercial House in Sheffield, achieving a Net Initial Yield of 12.7%.
🔗 Read more: https://bit.ly/3c77391
🎧 Our latest podcast is here.
In this episode, Shannon Conway is joined by David Lynch, Director of Development @ManCityCouncil
🔗 Listen to the full episode here: https://apple.co/3AByCkV
🗞️ Last week our Senior Development Manager Daniel Roberts attended the @benetworking West Yorkshire Development Conference.
This year's conference focused on creating a resilient housing proposition across West Yorkshire, and Daniel spoke of our BtR plans for the region.
The 2022 @Homeviews_com BTR report is out and we're thrilled to see that our schemes, @DuetSQuays and @mcr_vox, have come first and second in the UK's top 10 best BTR developments, rated for design.
🔗 Download the report here: https://lnkd.in/eUmTjB4C #BTRNews #BTR
Over £1m is being spent upgrading one of Leeds city centre’s most revered properties.
The stunning 31,400 sq ft Albion Court, on the corner of Albion Place and Lands Lane, was purchased by Glenbrook Investments in September last year.
🔗 Read more: https://buff.ly/39nqMjN
The UK BTR sector recorded a total of £650m of investment in the first quarter of 2022, according to figures from @CBRE.
Our Residential Director, Shannon Conway, joined the @insidernwest Built-to-Rent roundtable. Read what Shannon had to say here: https://bit.ly/3NAae6G
It’s been a pleasure to host the @wipnorthwest student awards @hellostok - our newly completed workspace scheme in #Stockport. We hope you enjoyed the evening!
Well done to all students who were nominated, a fantastic achievement and honour
A huge thank you to our annual student award sponsors @jmwsolicitors, @TGLPEARSON & to our hosts @Glenbrookprop - your support is very much appreciated.
🗞 We’re delighted to announce the official practical completion of @hellostok, 62,000 sq ft of workspace within Stockport’s former M&S building.
🔗 Read more via @PlaceNorthWest https://bit.ly/3Qlfi0u
🗞️ ICYMI: Back in April we submitted a new detailed planning application to Leeds City Council for a 618 apartment build to rent scheme on the banks of the River Aire.
🔗 Read more here: https://bit.ly/3xjwyMO
🗞️ ICYMI: We submitted a detailed planning application to
@leedscc_news as part of a joint venture with @tcs_plc for the £280m full masterplan for the development of Whitehall Riverside in Leeds City Centre.
🔗 Read more about the proposals: https://bit.ly/3yfFlQ9
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