Investment boost as Boston Trade park paves the way for building suppliers store

The opening of a brand new MKM Building Supplies store in early November,  follows an investment by the park’s owners, according to the Lincoln office of Eddisons who are joint agents at the Lincolnshire town’s trade park on Norfolk Street.

The newly completed facility provides MKM with over 15,000 sq ft of space for a warehouse, trade counter, and showroom, along with a sizable merchant yard at the front of the trade park.

This new presence is expected to showcase refurbished units at Boston Trade Park when they are marketed later in the year.

MKM Building Supplies now joins other national occupiers, including Screwfix, Howdens, Euro Car Parts, Rexel, and Edmundson Electrical.

Eddisons’ William Wall, Director, in collaboration with Lambert Smith Hampton (LSH), represented South Street Capital in the MKM Building Supplies deal.

Richard Henley, senior asset manager at South Street Capital, said: “We have invested heavily in the park over recent years and securing this long-term letting to MKM is just a reward for this commitment to the estate.

“We are encouraged that, along with the park’s more established occupiers, MKM Building Supplies has seen the advantage of locating here for the long term. We have already commenced our next phase of investment in the estate which will see the full refurbishment, including new roofs, of five units totalling circa 16,500 sq ft.

“We look forward to working with our instructed agents in encouraging new occupiers to take advantage of Boston Trade Park’s property offer when these newly refurbished units are marketed to let in the coming weeks, with occupation available from early 2024.”

Eddisons says there will be units ranging in size from 2,800 sq ft to 4,000 sq ft available in early 2024, following refurbishment.