Friday, June 5, 2020

Jenkins Shipping docks at Tetron 141

A 141,459 sq ft warehouse unit in Swadlincote, Derbyshire, has been acquired by Jenkins.

The specialist warehousing and logistics company has agreed a five-year lease on the unit, called Tetron 141, with landlord Aberdeen Standard Investments. The rent is undisclosed.

CBRE advised Jenkins on the letting. JLL and Knight Frank acted on behalf of the landlord.

Tetron 141 is a modern Grade A specification industrial unit comprising 132,865 sq ft of warehouse space and 8,594 sq ft of office accommodation, plus 95 car parking spaces.

Located on William Nadin Way, a warehousing and logistics hub, Tetron 141’s neighbours include Bison, Clipper Logistics, Roger Bullivant, Sandvik and TNT.

Melissa Wase-Rogers and Craig Herrick from CBRE’s Midlands industrial and logistics team advised Jenkins.

Melissa, a director in the team, said: “The East Midlands Industrial market has remained strong throughout 2018, with 9.8 million sq ft of space (buildings over 100,000 sq ft) let during the year.

“This deal is an example of a letting of a recently refurbished second hand unit that was agreed on flexible lease terms for the tenant, including a three-year break option.  The landlord benefitted from a competitive rent and a negligible void period.”

Rob Stewart, Jenkins commercial director, said: “CBRE acted quickly, efficiently and professionally in finding and securing this site. The facility at Tetron 141 will complement our nine port locations in Great Britain and Ireland, as well as our national transport fleet.”

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 lockdown having a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £33.60 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.






Latest news

Union hits out at East Midlands aerospace parts firm as 420 redundancies planned

Aerospace parts firm SPS Technologies "must not exploit the lockdown" to slash jobs and terms and conditions at its sites in Nottingham, Leicester and...

Streets focus on job and employment schemes in latest business update

Streets Chartered Accountants provide details of changes to Coronavirus Job Retention Scheme including the introduction of flexible furlough in its latest business support update. As...

3 business tips for saving money during Coronavirus

Coronavirus has changed every business in the world. Whether you’ve been made to work remotely, put your staff on furlough, or redirected your resources into...

New ownership for Market Harborough ventilation, maintenance & hygiene company

System Hygienics, formerly the service arm of the Hotchkiss group - the largest duct manufacturer and installer in the UK – have new ownership,...

Construction of Kirkby’s new Leisure Destination takes a step closer

Plans to bring a new state-of-the-art leisure centre to Kirkby in Ashfield have taken another step forward. Ashfield District Council is seeking tenders from contractors...

Related news

Shared office spaces cautiously reopen

Many of the UK’s network of 5,000 shared office spaces are tentatively re-opening this month as more businesses return to the workplace as the...

Union hits out at East Midlands aerospace parts firm as 420 redundancies planned

Aerospace parts firm SPS Technologies "must not exploit the lockdown" to slash jobs and terms and conditions at its sites in Nottingham, Leicester and...

Streets focus on job and employment schemes in latest business update

Streets Chartered Accountants provide details of changes to Coronavirus Job Retention Scheme including the introduction of flexible furlough in its latest business support update. As...

3 business tips for saving money during Coronavirus

Coronavirus has changed every business in the world. Whether you’ve been made to work remotely, put your staff on furlough, or redirected your resources into...

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close