Demand fuels expansion for wholesaler and distributor
Sheffield-based wholesaler and distributor Pricecheck has doubled its warehouse capacity after leasing an additional South Yorkshire site to cope with demand.
The deal, brokered by joint letting agents, Knight Frank and CBRE, sees Pricecheck take a lease of the 197,425 sq ft former Maplin building on Brookfields Park.
This extra space means Pricecheck now occupies 378,000 sq ft across two sites, which includes its offices and mezzanine storage, giving the capacity for 32,000 pallets.
The company says its latest expansion will see some existing employees relocate as the new site gets up and running and over time will create more than 100 new jobs.
Mark Lythe, Pricecheck joint managing director (operations & finance), said: “We have ambitious growth targets and will continue to invest in all areas of the business to ensure we remain on track to achieve those.
“The expansion of our warehouse capacity is in line with our strategic plans for the next five years as we target a turnover of £200m by 2025.
“Despite the challenges of Coronavirus, we remain very confident about the long-term prospects for our business.”