Aberdeen Standard Investments and development partner Graftongate Investments have agreed a 126,595 sq ft pre-let to Beavertown Brewery, one of London’s best known producers of craft beer. The development which will incorporate the production facility, as well as a 12,000 sq ft visitor centre, will be producing beer and welcoming guests in Spring 2020. The 25 year lease at a GEA rent of £12.25psf secures another excellent company to Enfield Distribution Park, North London’s premier distribution location.
Logan Plant, CEO and founder of Beavertown Brewery commented “Finding a site for Beaverworld has been an immense journey. Staying close to our roots in London, the world’s beer capital, was super important. We want to be as connected to the thirsty masses as possible! ENDP offers us the opportunity to build our dreams and bring Beaverworld to life. It’s connections into London mean we can get the freshest beers on tap or in the fridge as quickly as possible, whilst drinkers can get out to visit us at our new visitor centre easily. This is going to be the world’s best brewery experience!”
Haseeb Hassan, a senior portfolio manager at Aberdeen Standard Investments commented ‘Enfield Distribution Park continues to go from strength to strength, with over 400,000 sq ft of lettings on the estate over the past 24 months and we are thrilled to be able to welcome Beavertown Brewery to the estate.’
Colin Beasley, a Director at Graftongate Investments added ‘It has been a pleasure working with Logan and his team to deliver this pre-let. We have worked hard to ensure the tenant’s specifications were met and look forward to constructing this state of the art facility over the next 12 months’
Further details of the scheme and the remaining plot available can be found at www.endp.co.uk or by speaking with the joint agents, DTRE, Glenny and JLL.