Boston Trade Park’s investment boost heralds new branch of MKM

The opening of a brand new MKM Building Supplies store in early November is yet another boost to the profile of Boston Trade Park following significant investment by the park’s owners, according to the Lincoln office of Eddisons who are joint agents at the Lincolnshire town’s trade park on Norfolk Street.

Following the recent completion of construction and fit out works, the brand new facility gives MKM over 15,000 sq ft of warehouse, trade counter and showroom space, as well as a large merchant yard in a prominent position at the front of the trade park.

The building suppliers’ presence will, according to the agents, act as a showcase for newly refurbished units at Boston Trade Park when they are marketed later this year.

Asset managed by South Street Capital on behalf of private clients, Boston Trade Park is the principal trade counter location in the town.

MKM Building Supplies joins existing high profile national occupiers including Screwfix, Howdens, Euro Car Parts, Rexel and Edmundson Electrical.

Eddisons’ William Wall, Director acted, jointly alongside Lambert Smith Hampton (LSH), for South Street Capital in the MKM Building Supplies deal. He believes that MKM’s commitment to the site is a testament to his client’s long term confidence in the location and the significant investment it has made at the park over recent years.

Richard Henley, Senior Asset Manager at South Street Capital, added, “We have invested heavily in the park over recent years and securing this long term letting to MKM is just reward for this commitment to the estate.

“We are encouraged that, along with the park’s more established occupiers, MKM Building Supplies has seen the advantage of locating here for the long term.

“We have already commenced our next phase of investment in the estate which will see the full refurbishment, including new roofs, of five units totalling circa 16,500 sq ft.

“We look forward to working with our instructed agents in encouraging new occupiers to take advantage of Boston Trade Park’s property offer when these newly refurbished units are marketed to let in the coming weeks, with occupation available from early 2024.”

Eddisons advises that there will be units ranging in size from 2,800 sq ft to 4,000 sq ft available in early 2024, following refurbishment.

For initial enquiries and to pre-register interest in the units available at Boston Trade Park, contact Cameron McRae at Eddisons incorporating Banks Long & Co, tel 01522 54415, cameron.mcrae@eddisons.com.