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•••
Fruitful
endeavour for supermarket - YORKSHIRE
POST (1 September 2005) |
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More
than 1,000 tonnes of fruit a day are being distributed
to Asda supermarket stores across the UK from a
refrigerated warehouse in Yorkshire.
International Produce, which leases the 200,000
sq. ft. distribution warehouse at Foxbridge Way,
Normanton, West Yorkshire, has a contract with the
supermarket chain to supply all its imported fruit
produce.
The site supplies eight Asda distribution centres
across the UK with fruit, including apples, melons,
peaches and grapes on a daily basis.
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Around
24,000 cases of fruit leave the premises daily.
The premises were purchased from Britvic four years
ago by Threadneedle Investments.
It was immediately let to Asda for three years for
temporary use and following the supermarket chain’s
vacation, industrial property specialists Gent Visick
were instructed to market the unit. The structure
was let on a 10year,
£1m per annum, lease to International Produce,
a wholly owned subsidiary of Geest.
The deal allowed the landlord to agree to meet the
cost of substantial modification of the premises
to enable its new use as a chilled facility for
fruit distribution.
The Leeds office of building and project consultants,
CNP, was brought in by Threadneedle to monitor the
£7m transformation of the building. Andrew
Gent, a director of Gent Visick, said the letting
reinforced the fact that Normanton was a strong
location for good quality, second hand units, such
as the property at Foxbridge Way.
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