New tenant for Multiply Logistics North
24 February 2020
Multiply Logistics North in Bolton has signed a third new tenant for its commercial units in the past six weeks.
The site is a joint venture between Harworth and the Lancashire County Pension Fund, c/o Knight Frank Investment Management (KFIM).
The joint venture has completed the letting of Unit F2/J, a unit of 24,636 sq. ft, to the Incontinence Shop, the largest stockist of incontinence products in the North West. It has taken a ten-year letting at a rent of £7.50 per square foot and will be using the unit as a depot for distribution. This deal follows recently announced lettings with Solus and an unnamed pharmaceutical supplier on ten-year leases for similar size units and leaves just two of Multiply’s nine built units, one of 55,556 sq. ft and the other of 149,198 sq. ft, remaining available for long-term letting.