LondonMetric agrees 12-year lease extension at 650,000 sq ft Bedford site

Warehouse shelves

LondonMetric has agreed a deal with Argos to extend its existing lease at its 656,000 sq ft distribution warehouse by a further 12 years.

The new lease runs for 15 years and will generate a rent of £4.1m a year subject to five yearly inflation-linked uplifts.

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