GL Hearn acquires Knowsley units for Smiths News

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08 March 2013

The Manchester office of leading property consultancy GL Hearn has acquired a warehouse facility in Knowsley on behalf of newspaper distributor Smiths News.

Located on Alchemy Business Park, Knowsley, GL Hearn’s Corporate team acquired the 20,000 sq ft industrial property from landlord Langtree, who own and manage the site on a 10 year lease with a break in year five. Relocating from Huyton, Smiths News will be situated in Unit 9 and 10, and will be used as a distribution base for newspapers and magazines across the Liverpool area.

Tracy Dougan, Senior Surveyor, GL Hearn, commented: “The new warehouse facility on Alchemy Business Park will allow Smiths News to better serve the Liverpool area.

“GL Hearn has worked with Smiths News for five years, and is delighted to be working alongside the company as it looks to expand its offer to potential and existing customers.”

Jan Brindle, Regional Manager (North West) for Langtree, said: “We are delighted that Smiths News has chosen to come to Alchemy.

“This move reflects both the quality of the facilities on offer, and the excellent logistical opportunities provided by the location, so close to main routes serving Merseyside and the surrounding regions.”

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The new warehouse facility on Alchemy Business Park will allow Smiths News to better serve the Liverpool area
Tracy Dougan
Senior Surveyor

GL Hearn

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