Central Approach

News - 14/08/2024

LSH Delivers Brace of Sites for EVRi

National advisor secures key sites in Sheffield and Bristol

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Acting on behalf of the UK’s largest dedicated parcel distribution business, EVRi, Lambert Smith Hampton (LSH) has acquired two new sites to support the ongoing expansion of EVRi’s logistics network.

EVRi has taken a 10-year lease on 132,977 sq ft at Newhall 130 in Sheffield. The scheme is strategically situated near Junction 34 of the M1 Motorway and on the fringes of Sheffield City Centre, and was recently developed speculatively by Newsholme Developments, on behalf of Urban Logistics REIT.

EVRi has also taken a further 113,573 sq ft of space on a 10-year lease at Central Approach, Avonmouth. This self-contained unit was speculatively built by Trebor Developments and sits within a well-established distribution park.

James Polson, head of industrial & logistics at LSH said: “These two sites are strategic acquisitions which further strengthen EVRi’s logistics network and capabilities.

“Sourcing these deals was a collective effort across LSH’s national office network and our expanded regional knowledge has delivered the optimal outcome for our client”.

Earlier this year, LSH was also handed a mandate by EVRi to source additional locations across London, the South East and the West and East Midlands for short-term Last Mile Delivery Units to meet seasonal business demand. The requirements are for around 20 "pop-up" units of between 3,000 square feet to 20,000 square feet on short term flexible leases and all are required for occupation by September 2024 so they are fully operational over the Christmas peak period.

EVRi is the UK’s biggest dedicated parcel delivery company with 20,000-plus couriers, alongside 14,000-plus ParcelShops and Lockers.

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