Sportswear company secures Aylesbury warehouse
Sportswear and premium streetwear company Mitchell & Ness, has agreed a 10 year lease on a new UK distribution facility at Westcott Venture Park, Ayelsbury in the Southeast.
By Liza Helps Property Editor Logistics Matters
THE FACILITY, known as Building 1000, is owned PATRIZIA Hanover Property Unit Trust, and is set on two acres of the 650-acre Westcott Venture Park located mid-way between Aylesbury and Bicester in Buckinghamshire.
The newly refurbished building consists of a 24,440 ft2 distribution warehouse incorporating 4,000 ft2 of offices and has secured an EPC A rating. It has 8m eaves, 18 level access doors as well as 15% roof lights. It had been marketed with a rent of £12.50 per ft2 through joint agents CBRE and Bidwells.
The property will help the company with its expansion plans.
Mitchell & Ness is investing millions in renovating Building 1000 before moving out of its current 16,786 ft2 facility. The fit out will include a steel-based mezzanine, consisting of a value-added services area and sample rooms, along with a new showroom. The distribution facility is expected to be fully operational by February, while the offices will be completed by April 2024.
