A UK-based specialist in rail, civil engineering, and construction, GBR-Price has purchased high quality freehold premises in Data Drive, South Kirkby; with deep roots in the rail sector, the Company delivers trusted Rail Infrastructure, Civil Engineering, and Survey & Design Solutions across the UK; Howard Jenkins acted as sole agent throughout the search & acquisition process.

Unit 7, Data Drive comprises a modern freehold business unit of c.15,000 ft² (1,395 m²) with a secure yard and was originally marketed at a quoting price of £1.85M. The York office of SJP Law are responsible for all aspects of commercial, corporate, compliance & real estate on behalf of GBR-Price.

Howard Jenkins has acquired a new distribution centre in Leeds on behalf of Vulcan Two Group, an AIM-listed e-pharmacy business which last month struck a £42m deal to acquire a trio of companies; the Group’s CEO and COO have significant experience in the e-commerce healthcare sector having built Vision Direct, one of Europe’s best-known online contact lens suppliers, to over £100 Million in annual revenue.

The fully refurbished distribution warehouse, extending to 22,000 ft² (2,040 m²), is well located for both the M62 & M621; a headline rent of c.£200,000 pa was agreed on a new 10-year lease with rent review and tenant-only break after five years.