Independent builders’ merchant MKM Building Supplies has signed for a 26,590 sq ft warehouse at Bilton Way Industrial Estate in Luton.
The company has agreed a long lease with landlord Brightbay Real Estate Partners on units 2-6 and will take occupation of the site following a £1m reconfiguration and upgrade of the space.
The works will be overseen by Kirkby Diamond’s building consultancy team, following resolution of the dilapidations process with the former tenant.
Bilton Way Industrial Estate comprises 49 units and provides 420,000 sq ft of logistics and trade counter space.
Eamon Kennedy, senior partner and head of industrial and logistics at Kirkby Diamond, which acted for the landlord on the letting, said: “We’re pleased to have secured such a well-respected national brand for Brightbay at Bilton Way. MKM’s commitment to a long-term lease and further investment in the site reflects the enduring strength of the industrial market in Luton and the quality of the estate.”
Mark Pepper, head of Kirkby Diamond’s building consultancy team, added: “The planned reconfiguration will deliver a high quality, purpose-built facility that meets MKM’s operational needs and enhances the overall specification of the estate. Our team is working closely with both parties to ensure the project adds long-term value.”
Rob Stubbings, estates and acquisition manager at MKM Building Supplies, said: “Bilton Way gives us an excellent base to serve customers in Luton, across Bedfordshire and beyond. The planned improvements will ensure the building is perfectly configured for our operation and future growth.”
