Online retailer snaps up Midlands warehouse
Online retailer Anything 4 Home has bought the 104,000 sq ft Fenton 104 warehouse in Stoke-on-Trent from specialist real estate investment and asset manager Catella APAM for an undisclosed sum.
Fenton 104, Stoke-on-Trent
The group is relocating from Birmingham to Oldfields Business Park where Fenton 104 is located. The facility is close to the A50/A500 dual carriageway intersection in Stoke-on-Trent, with Junctions 15 of the M6, approximately 3.5 miles away.
Knight Frank and Williams Sillitoe acted on behalf of Catella APAM,
Edward Kennerley, associate at Knight Frank, said: “Anything 4 Home had been looking for suitable freehold premises in Birmingham for more than two years.”
“There is a lack of freehold second-hand industrial property opportunities across the Midlands and we are seeing a number of owner occupiers that are willing to move cities in order to secure the freehold premises they need to grow their business.”
Anything 4 Home was established in 2007 and sells a range of products from beauty items to lighting, and from toys to stationery, from its online department store.
