LM6 were pleased to have helped Lombard Shipping expand into their new facility at Knowsley.
The new warehouse of 32,485 sqft on a site of 3 acres will enable Lombard to expand their operations and see the complete overhaul and refurbishment of the cross dock facility, safeguarding 22 staff with the potential to create further jobs in the short to medium term.
Tony O’Keefe comments: With limited availability in the market Lombard were able to secure the long leasehold interest in an off market deal into a site which was ideally suited for their expansion plans. We were also able to increase the value of the asset by negotiating an elongation of the residual term of 55 years to extend the long leasehold interest to 125 years with Knowsley Council.
This project demonstrates the value add we provide in acting for occupiers under constrained market conditions.