0370 270 6000

already registered?

Please sign in with your existing account details.

need to register?

Register to access exclusive content, sign up to receive our updates and personalise your experience on brownejacobson.com.

Privacy statement - Terms and conditions

speculative industrial developments lead to more flexibility in logistics

14 March 2014

Harworth Estates’ announcement of the first speculative industrial development in Yorkshire since 2007 follows recent research from CBRE showing after years of over-supply of logistics space across Yorkshire, there has recently been a sharp drop in availability of 'oven-ready' sites.

Several of our national logistics clients have addressed the shortage of good quality, affordable warehouse and distribution space (which is replicated nationwide, but particularly across Greater London and Wales) by commissioning their own bespoke warehousing depots. However, with a lead in period of 12-18 months, this does not produce the flexibility required in an industry where large contracts, and the associated need for strategically placed hubs, can be won and lost in a much shorter time period.

As well as developing their own sites, we advise clients on other options such as flexible lease terms, and space-sharing arrangements, to address this need for flexibility. Any speculative development, which will increase the options available to third party logistics operators, as well as retailers, importers and manufacturers, is welcome.

related opinions

Bailleurs et locataires, vos baux commerciaux sont-ils armés pour résister à l' épreuve du futur?

Durant les deux dernières semaines, nous avons connu vu une nouvelle vague d’annonces concernant de grandes enseignes du commerce britannique.

View blog

Retailers and landlords, are your commercial leases future-proof?

The last two weeks have seen yet another flurry of announcements regarding big high street names including Thomas Cook, Argos, Karen Millen and Coast.

View blog

Compulsory drone registration goes live on 1 October 2019

As part of the continued tightening of the restrictions on drone use within UK airspace, the latest amendments to the Air Navigation Order 2016 come into force on 30 November 2019.

View blog

H&M - fighting the two tier retail market and daring to push for better clarity on turnover rents

H&M is the latest retailer to confront its landlords about this ‘two tier retail market’ in an attempt to explore and negotiate more favourable terms.

View blog

mailing list sign up



Select which mailings you would like to receive from us.

Sign up