£6.2m distribution warehouse completed for John Lewis

John Lewis distribution centre at Logic Leeds
John Lewis distribution centre at Logic Leeds
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Muse Developments has officially handed over the keys to John Lewis for its new £6.2m customer delivery centre.

The 50,500 sq ft state-of-the-art distribution warehouse is situated in the Leeds City Region Enterprise Zone by Junction 45 of the M1. It includes 4,000 sq ft of offices.

John Lewis, which has signed a 20-year-lease, will create 65 jobs at its new facility.

The hub, which will become fully operational in July, will service online orders for home delivery. The new hub reinforces John Lewis’s commitment to the region with the store in York, which opened in April 2014, and the new shop in Leeds, set to open later this year.

John Lewis Leeds will be one of the retailer’s biggest department stores outside London at 252,000 sq ft.

The building was sold to AXA’s UK Long Lease Property Fund for £6.2m by Muse last year before construction began.

In an important week for Logic Leeds, retail giant Amazon has taken occupation of Building One, an 80,840 sq ft warehouse and distribution space which includes 4,000 sq ft of offices and 100 car parking spaces.

It is the largest building of its kind to be speculatively developed in Leeds since the recession.

The Leeds offices of Knight Frank and Carter Towler advised on the deal.

David Wells, regional director of Muse in Leeds, said: “Handing over the keys to John Lewis is a real milestone in the Logic Leeds story. The decision by such a major and well-respected player in the British retail industry to come to Logic Leeds was a ringing endorsement of our development and put it firmly on the map.

“Our pioneering manufacturing and distribution development benefits from a number of incentives for occupiers because it is part of Leeds City Region Enterprise Zone.

“These incentives, plus Logic Leeds’s superb location just half-a-mile from Junction 45 of the M1, makes this development a very attractive proposition indeed.”

He added: “We have received tremendous support from Leeds City Council, who have recognised the potential of Logic Leeds from the very start.”