A West Midlands logistics and warehouse company is on the first step of a major expansion plan after more than doubling its space.
JJX Logistics is adding the finishing touches to Building 40, The Pensnett Estate, Kingswinford, after agreeing a five-year lease with London & Cambridge Properties (LCP), which owns and manages the site.
The commercial pallet storage,international courier service and general haulage company is preparing to move in to its new 21,460 sq ft unit before Christmas.
Mick Cox, operations manager, said the new site complements its existing 10,000 sq ft base in Wolverhampton and it has already appointed three new members of staff.
It marks the beginning of what is likely to be a rapid period of expansion for JJX Logistics, with plans for a larger vehicle fleet and new drivers to be rolled out during 2016.
“We are growing at a rapid rate of knots and I believe we could even outgrow our new facilities within three years,” said Mick.
“We looked at around 15 properties before we settled on Building 40 because of its great location, its level of security, and the fact that it had already undergone refurbishment so it was ready to move in.”
Andrew Preston, industrial portfolio manager at LCP, said: “The Pensnett Estate is continuing to attract businesses that like the attention to detail that we offer; it is one of the reasons why it is proving to be a very popular option for established firms that want to expand their enterprises, as well as for start-ups who are on the first rung of the ladder.
“We are pleased to welcome JJX Logistics to the estate after its long search for the right premises. We are committed to providing a first-class service for our tenants, which is something that businesses want when they take on a lease because they want to focus on their own customers and not worry about anything else.”
Industrial and warehouse properties within the LCP property portfolio total in excess of 11 million sq.ft A high proportion of LCP’s industrial property in the UK is located in the West Midlands including the flagship 2.3 million sq ft Pensnett Estate, which is one of the largest secure industrial estates in Europe. Properties in LCP’s portfolio are also located throughout the UK in key locations such as Reading, Liverpool, Bristol, Sheffield, Derby and Milton Keynes.
A policy of offering good quality, refurbished industrial properties to rent has continued to pay dividends and attracts a wide range of tenants.