SEGRO supports growth of online retailer Magic Madhouse at Great Cambridge Industrial Estate
Long-standing customer scales up operations at newly-refurbished unit. Magic Madhouse, a specialist online retailer of trading cards and board games, has signed to occupy a 16,308 sq ft industrial unit at SEGRO’s Great Cambridge Industrial Estate, Enfield.
The company has signed a ten-year lease for the unit, which is located in a prominent position at the entrance to the estate and has undergone an extensive refurbishment by SEGRO.
Magic Madhouse previously occupied a 7,093 sq ft warehouse unit at the estate, and with SEGRO’s support will expand its operations and increase its workforce from 47 to 60. SEGRO will now take possession of the vacant unit for refurbishment.
Alan Holland, Director, Greater London Business Unit at SEGRO said:
“This letting is a result of our longstanding relationship with the customer and demonstrates our ability to understand their changing requirements and provide the space that will help the business grow. The Cambridge Industrial Estate provides an attractive base for businesses operating across London and the South East, and we expect strong demand for the unit vacated by Magic Madhouse post-refurbishment.”
Michael Duke, Managing Director, Magic Madhouse added:
“The Great Cambridge Industrial Estate is the perfect location for our business, and we are delighted SEGRO has been able to accommodate us as we have grown. We look forward to moving to our new larger premises in the coming weeks.”
Magic Madhouse is the UK’s largest online retailer of popular trading card games including Magic: The Gathering, Pokemon, Final Fantasy and many more. Magic Madhouse also stocks table-top games, including Warhammer.
SEGRO is a UK Real Estate Investment Trust (REIT), and a leading owner, manager and developer of modern warehouses and light industrial property. It owns or manages 7 million square metres of space (75 million square feet) valued at £11 billion serving customers from a wide range of industry sectors. Its properties are located in and around major cities and at key transportation hubs in the UK and in eight other European countries.
See www.SEGRO.com for further information.