SEGRO signs four new customer leases at Metropolitan Park

Three new signings at Metropolitan Park, Renewing existing lease for long-term customer.

SEGRO, Europe's largest listed owner, asset manager and developer of industrial property has signed up independent food distributor Millennium Foods, Henry and Sons UK Windows Limited and Timeline Television as new customers at its Metropolitan Park Estate, Greenford. Wolseley UK, an existing customer, has also renewed their present lease and taken an additional unit. Almost 150,000 sq ft have been let since 2014.

Metropolitan Park is a long established industrial park located adjacent to the A40 (Western Avenue) providing easy access into heart of London and offers 24-hour on-site security, gated access and CCTV.

Millennium Foods who are importers and distributors of premium quality Mediterranean ingredients have taken 19,019 sq ft of space on a 20-year lease term. Millennium Foods will supply restaurants, manufacturers and distributors, both large and small, all across the UK.

Henry & Sons UK Windows Limited have taken a total of 13,852 sq ft for a lease term of 10 years and will be relocating from their existing premises at SEGRO's Tudor Estate. Henry & Sons design, build and install windows, doors and conservatories to residential and non-residential premises within London and the Home Counties. The relocation of Henry & Sons will enable the Phase 2 redevelopment of the Tudor Estate to proceed.

Timeline Television, a provider of broadcast technology, has agreed a deal for a newly refurbished 8,859 sq ft unit on a 10-year lease.

Wolseley UK, the heating and plumbing products provider, completes the set of new deals and has agreed a new lease for their present premises and also taken 7,664 sq ft of space on a 5 year lease at the unit next door.

Alan Holland, SEGRO's Greater London Business Unit Director for SEGRO, said:

"We are pleased to have agreed four new deals with Millennium Foods, Henry & Sons, Timeline Television and Wolseley UK.

"Metropolitan Park is a growing business location for a variety of businesses - all of which rely on the excellent transport connections and proximity to Central London.

"These deals are great examples of how SEGRO is able to meet the needs of new and existing customers, enabling them to achieve their own business goals."

Metropolitan Park Estate is located in the heart of Greenford, benefiting from 24-hr on-site security and CCTV, with good transport links to the A40 (Western Avenue) and beyond.