Lease signed for new 6,500 sq ft warehouse
Reach - a non-regulatory announcement
2 December 2021
John Lewis of Hungerford Plc
("John Lewis of Hungerford" or the "Company")
Lease signed for new 6,500 sq ft warehouse in Wantage
John Lewis of Hungerford (AIM: JLH), the specialist manufacturer and retailer of kitchens, bedrooms and freestanding furniture, announces that it has entered into a 10 year lease, with a five year break at the option of the Company, on a warehouse facility, with additional office space, on the Grove Business Park close to the Company's manufacturing facilities in Wantage at an annual cost of approximately £65,000 (with first six months rent-free).
The new warehouse comprises approximately 6,500 sq ft and has been obtained to facilitate the current growth in demand for the Company's products. The warehouse will provide additional storage space for raw materials and finished products, increasing the capacity of the production facility.
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