Property business signs tasty deal with East Asian grocer
Property management and development business Langtree has let the final unit at its Meadowbrook Park trading estate in Sheffield.
The deal, with Sinoarm, the UK’s third-largest specialist Asian grocery business, provides 5,000 sq ft of additional logistics space for the Sheffield-headquartered business.
The company operates across seven cities, providing grocery products from China, Korea, Japan, Thailand and other east Asian countries for its own stores and for other retailers.
Owen Hao, managing director of Sinoarm, which trades under the retail format YEPSS, said: “The unit will provide a regional distribution hub for our own stores as well as customers in the Sheffield, Chesterfield and Worksop areas.
“Meadowbrook Park is a well-managed and accessible development and perfect for an ambitious, growing business like ours.”
The five year deal for Unit 10 means the scheme, which is five miles south east of Sheffield city centre near junctions 30 and 31 of the M1 motorway, is fully let. Other tenants include Screwfix, Wolseley and Travis Perkins.
Kathryn Smart, group associate property director at Langtree, said: “We have undertaken a comprehensive refurbishment of Meadowbrook Park and this latest letting demonstrates the market’s appetite for well-managed, modern and well-located industrial and logistics space.”