Press

NORTHERN TRUST SECURES 150,000 SQ FT LETTING AT BURNLEY

25th October 2010

Northern Trust has secured the letting and forward sale of its 150,828 sq ft warehouse and office complex at Heasandford Industrial Estate, Burnley. The deal also includes 8 acres of adjoining expansion land.

Wasabi Frog Limited, trading as Boohoo.com, has initially acquired the premises and land on Widow Hill Road on a 2 year lease deal with an agreed forward sale. Wasabi Frog Limited is the parent company for one of the most successful online fashion retailers Boohoo.com which specialises in women’s clothing.

Mike Grindrod, Director for Northern Trust, commented “We are delighted to have secured the disposal of this high quality warehouse at Heasandford Industrial Estate to Wasabi Frog Limited. The modern fully fitted unit, with large factory shop and offices, provides the ideal solution for Wasabi Frog’s distribution requirements, with the added benefit of future expansion potential.”

The 150, 828 sq ft warehouse is located just 2 miles from junction 12 of the M65 and includes a sprinkler system, lighting and gas fired heating throughout.  

The premises at Heasandford Industrial Estate currently forms part of Northern Trust’s 8 million sq ft portfolio which extends from the South Midlands to the central belt of Scotland. The portfolio contains over 3,550 units across 200 individual industrial, trade and office parks.

Agents acting on behalf of Northern Trust were King Sturge (0161 236 8793), Taylor Weaver (01254 699030) and Whittle Jones (01257 238666). Scott Frazer acted for the tenant Wasabi Frog Ltd.

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Notes to Editors: Press Enquiries to Rosalyn Booth/Jonathan Livesey, Northern Trust, 01257 238555.