Denholm UK Logistics Ltd has acquired The Rack, a 79,263 sq ft self-contained warehouse facility in Knowsley, from PCT Healthcare Ltd.
Situated in Deacon Park, part of Knowsley Industrial and Business Park, the single-storey detached facility provides 74,178 sq ft of warehousing space, with 5,085 sq ft of offices and ancillary accommodation.
“The facility at Deacon Park provides the ideal setting for Denholm UK Logistics to service customers across a range of markets including timber, steel and FMCGs, nationwide,” said John Sullivan, Director at Colliers, who advised Denholm UK Logistics on the acquisition. “This latest acquisition expands Denholm’s capacity in the region to over 1 million sq ft of warehousing space and is in line with their growth strategy to meet the ongoing demand for warehouse solutions in the UK.”
Martin Hall, Managing Director of Denholm UK Logistics, added: “Purchase of the Knowsley warehouse forms part of Denholm UK Logistics’ recent programme of strategic investments. Combined with enhanced recruitment and upgraded e-commerce infrastructure, our expanded warehouse capacity will help us continue to provide uninterrupted service and support to our customers as their requirements rapidly evolve.”
B8 Real Estate and WT Gunson are joint agents for The Rack. Colliers advised Denholm UK Logistics Limited. Denholm UK Logistics is the warehousing, distribution and UK haulage business of Denholm Logistics Group, one of the four divisions of family-owned diversified company The Denholm Group.