St. Modwen has secured the letting of Buildings 1 and 2 of its Brockton Business Park scheme in Brockton, Telford, to CML Fulfilment & Logistics Ltd.
The dedicated logistics specialist delivers chilled, frozen and ambient goods to all of Aldi’s Regional Distribution Centres. It has signed a 15 year lease on the two units totalling 206,350 sq ft on a stepped rent rising from £100,000 for years 1-2 to £405,920 for years 3-5, with a rent review in the 5th year.
Already headquartered at Brockton Business Park, CML is expanding from a 75,000 sq ft property which it leased in 2009 to assume full occupation of the 15 acre Business Park site in January 2012. The company’s new space will be utilised for warehousing, ambient chilling, freezing and distribution with over 100 delivery vehicles controlled from the Telford location. The company will also be managing its satellite depots in Scotland and Eire from Brockton Business Park.
Dedicated to major client Aldi, CML’s expansion follows a steady period of growth for the German supermarket which has resulted in the CML team growing from 11 to 73 employees at Brockton Business Park. The company services all of Aldi’s regional distribution centres in England and Ireland. Managing Director Tim Middleham commented:
“We are extremely proud of the on-going success of CML and St. Modwen’s ability to accommodate our business growth within our existing location enables us to expand with minimal disruption to business operations. We have fast established a reputation as ‘the Aldi specialist’ and are delighted that we have been able to expand alongside Aldi, providing our expanding primary client with continued logistical support across its UK locations. Going forward we expect to see CML continuing to expand both its client base and team at Brockton Business Park and the additional space which we will take occupation of in January will ensure we achieve this.”
Jonathan Green, development surveyor for St. Modwen commented: “CML has a very strong reputation in the logistics sector and it is great to see a local business enjoying such success despite the current economic climate. The company first took occupation of Brockton Business Park because of the opportunities for future expansion which it offered and we are delighted to now be accommodating the business’ continuing growth here.”
Situated within easy access of the M54, Brockton Business Park offers a great location for logistics based businesses. St. Modwen’s nearby Queensway Business Park is also a popular business location with just 7,000 sq ft of industrial space remaining, plus design and build opportunities up to 90,000 sq ft. Located adjacent to the A442 Queensway, four miles north of Telford town centre, the 20-acre self-contained Queensway Business Park site has appealed to businesses looking for secure, well-managed space in the Telford area with good links to the motorway network.