Timber firm expands again with 30,000 sq ft of new build warehouse space
Falcon Timber is continuing its expansion drive with the acquisition of a new build warehouse in Bristol.
Following the relocation of its Birmingham distribution centre last year to a new facility of just under 40,000 sq ft, the company has acquired a further 30,000 sq ft at Central Park on Severn Road to aid its business growth throughout the country.
Managing director – distribution and product group Steve Whysall said: “Falcon Timber has been servicing customers in the South West for many years, mainly through our depots in High Wycombe and Birmingham. To truly offer existing and prospective customers the service levels and range of product expected from a Falcon Timber customer, a permanent presence in this part of the country was required.”
Tim Gilbertson of FHP Property Consultants, Graham Collier of Mills & Reeve and Simon Molsom of Gaskell Associates advised on the deal.
Gilbertson said: “It was great to complete a further acquisition for Falcon as we followed a well-trod path as this is the seventh acquisition as a team we have completed for them in the last few years. It’s great to see this business expand and grow again and I am particularly pleased with this location given the real lack of stock and opportunities in Bristol.
“Nothing was available on the market which suited us but by approaching developers and investors throughout the region we were able to source an off-market opportunity and be the first occupier on this prime site in exactly our client’s preferred part of the region.
“Negotiations with the developer and their agents were swift enabling us to instruct solicitors quickly and start liaison with Graham Collier at Mills & Reeve to see a lease agreed and push the deal over the line.”