Online retailer FM Cosmetics to establish new UK hub at Metropolitan Park

The UK business, which was established in 2006 and specialises in make-up, perfume and health food products, will relocate its 26 staff to a 13,000 sq ft unit on the estate adjacent to the A40.

The company, which previously occupied a smaller unit in Wembley, has signed a ten-year lease following an extensive refurbishment of the unit by SEGRO.

Alan Holland, Business Unit Director, Greater London, at SEGRO said:

“Metropolitan Park is home to a diverse mix of locally established businesses, and we are proud to deliver the space that enables SMEs, such as FM Cosmetics, to thrive and grow. Retailers are one of the major occupiers of warehouse space across our London portfolio and we expect further demand from this sector for the available space at Greenford.”

Anita Sieniuc, Director at FM Cosmetics, said:

“This unit is ideally located to enable us to meet demand from our customers. This new facility will therefore be integral to the future growth of our business and we are grateful to SEGRO for their support in refurbishing it to our specifications.”

FM Cosmetics will join a range of established local businesses at Metropolitan Park such as Plumb Center, Hire Station, Eurocell and Millennium Food Services Ltd. The estate benefits from excellent connectivity to the road network via the A40 and is located less than a mile from Greenford railway station.

ABOUT SEGRO

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.