Sweet deal as ice cream manufacturer makes Lincoln central hub
An international ice cream and confectionery distributor has moved to Lincoln in a deal completed by St Modwen at its Lincoln business park.
NIC has taken a 64,000 sq ft unit on a 10-year lease. The ice cream ingredient manufacturer and distributor will make St Modwen Park Lincoln its central UK depot, creating 10 jobs in the area.
The deal follows the recent news that the international courier, parcel, and express mail division of German logistics company Deutsche Post DHL is occupying 32,000 sq ft of space at the site on a 15-year lease.
The deals with DHL and NIC mean that phase one of St Modwen Park Lincoln is fully let.
Rob Richardson, senior development manager at St Modwen, said: “We are very pleased to welcome such a well-respected organisation to St Modwen Park Lincoln and we hope to have a long-term relationship with NIC as the company expands its presence in the UK market.
“Securing DHL and NIC so soon after completing the first phase justifies our decision to speculatively develop and we look forward to bringing forward further developments at this key strategic site in the near future.”
Steve Edwards, of NIC, said: “Our new unit provides us with an ideal base for our UK operations, with excellent access to the M1, as well as links to airport and seaports. We were looking for a building along the A1 corridor north of Cambridgeshire and St. Modwen Park Lincoln offered the perfect size and specification for our needs. As well as the obvious operational benefits of the location, St. Modwen was able to accommodate us swiftly, meaning we could move in, hit the ground running and provide fantastic service to our clients.”
Joint agents for the scheme were Cushman and Wakefield and Banks Long & Co.
