Mountpark leases up first phase at Bardon

By Paul Norman - Thursday, September 13, 2018 9:22

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Mountpark Logistics leased 65,015 sq ft at Mountpark Bardon in the east Midlands to online pharmacy Pharmacy2U, completing the first phase of the development.

“Pharmacy2U, is managing NHS repeat prescriptions from request to delivery for over 270,000 patients across the country and is growing over 100% YOY,” said Mark Livingstone, CEO of Pharmacy2U. “Mountpark Bardon is at the heart of the UK’s motorway network, so it is an ideal location for us and we are delighted to have secured this building.”

Pharmacy2U joins Amazon and Eddie Stobart on the first phase of Mountpark Bardon, which comprises three units totalling 1.45m sq ft.

“We believe Mountpark Bardon offers logistics operators one of best opportunities on the M1 corridor,” said Tom Kilmister, Development Director, Mountpark UK and Ireland. “We are delighted that we could offer the final unit at phase one to Pharmacy2U. This is an exciting business with massive growth potential and we look forward to its continuing success.”

Mountpark recently launched the second phase of Mountpark Bardon, a 72.5 acre site, where it can deliver a further 1.3m sq ft of logistics space for the East Midlands. A £4.5m infrastructure programme is now complete and the site is fully consented to deliver design and build units from 200,000 sq ft to 1m sq ft within a 40 week programme.

Avison Young and DTRE acted for Mountpark and Pharmacy2U were represented by M1 Agency. DTRE and CBRE act for Mountpark on Mountpark Bardon II.

Mountpark Logistics EU Sarl is a Joint Venture between USAA Realco-Europe Holdco, BV, the Dutch subsidiary of USAA Real Estate and Mountpark Finco Sarl (Mountpark). The Venture has been established to develop logistics facilities across Europe, with particular focus on the UK and Western and Central European markets.

pnorman@costar.co.uk

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