Transmec signs London Gateway lease
TRANSMEC UK has taken a new 150,000 sq ft distribution hub at London Gateway.
As part of Thames Freeport, London Gateway offers incentives such as zero stamp duty on leases, significant savings on employer national insurance contributions, accelerated capital allowances and a five year business rates holiday.
Imran Mohammed, manager of Transmec UK’s London branch, said: “London Gateway is a fantastic site that will provide Transmec with the warehousing capacity and infrastructure it needs to meet growing demand from customers across the UK and EU. We take pride in delivering bespoke solutions for international supply chains and serve a wide range of sectors, including fashion, automotive and leisure. Our move will enable us to take things to an even higher level.”
The announcement follows soon after the news that London City Bond and OASIS Group have recently signed leases.
Ready for occupation in 2023, Transmec’s new facility will be constructed to meet BREEAM ‘outstanding’ classification.
