Acquisition of 125,000sqft distribution hub for Andrew James UK
Naylors were approached by Andrew James UK to assist in reviewing their business space requirements. It was identified that the firm required a larger HQ logistics centre for their growing business. Naylors were able to assist with this process and set about identifying opportunities that were in the market and suitable for their expansion plans.
Andrew James is a fast growing online kitchen and appliance sales business based in Durham who have expanded considerably in recent years, having previously taken 90,000sqft in the former Henderson Garage Doors unit at Bowburn North Industrial Estate.
Naylors identified a large distribution facility at Foxcover Distribution Park in Seaham, which was the former Cumbria Seafood processing plant and was logistically well located and in an area close to their existing facilities as staff retention was key. Naylors were able to negotiate and agree suitable terms for the client and conclude a successful acquisition within the client’s timescales.