Mountpark completes Mountpark Bardon Phase One with lease to Pharmacy2U.18th September 2018
Pharmacy2U, the UK’s largest online pharmacy, is creating a new automated dispensing facility at Bardon with the capacity to deliver up to 6.5 million items a month. Located at Junction 22 of the M1, north of Leicester, Mountpark Bardon is within a 4.5 hour HGV drive time of around 85% of the UK population.
“Pharmacy2U, is managing NHS repeat prescriptions from request to delivery for over 270,000 patients across the country and is growing over 100% YOY,” said Mark Livingstone, CEO of Pharmacy2U. “Mountpark Bardon is at the heart of the UK’s motorway network, so it is an ideal location for us and we are delighted to have secured this building.”
Pharmacy2U joins Amazon and Eddie Stobart on the first phase of Mountpark Bardon, which comprises three units totalling 1.45 million sq ft.
“We believe Mountpark Bardon offers logistics operators one of best opportunities on the M1 corridor,” said Tom Kilmister, Development Director, Mountpark UK and Ireland. “We are delighted that we could offer the final unit at phase one to Pharmacy2U. This is an exciting business with massive growth potential and we look forward to its continuing success.”
Mountpark recently launched the second phase of Mountpark Bardon, a 72.5 acre site, where it can deliver a further 1.3 million sq ft of logistics space for the East Midlands. A £4.5 million infrastructure programme is now complete and the site is fully consented to deliver design and build units from 200,000 sq ft to 1 million sq ft within a 40 week programme.
Avison Young and DTRE acted for Mountpark and Pharmacy2U were represented by M1 Agency. DTRE and CBRE act for Mountpark on Mountpark Bardon II.
About Mountpark Logistics:
Mountpark Logistics EU Sarl is a Joint Venture between USAA Realco-Europe Holdco, BV, the Dutch subsidiary of USAA Real Estate and Mountpark Finco Sarl (Mountpark). The Venture has been established to develop logistics facilities across Europe, with particular focus on the UK and Western and Central European markets.
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