21st Jan 2020 17:20
(Alliance News) - UP Global Sourcing Holdings PLC on Tuesday said it has agreed terms on a lease extension at Manor Mill, its head office in Manchester, in anticipation of planned improvements to the site.
Manor Mill is a 200,000 square feet facility that contains offices for UP Global's sales, accounting, buying, design, marketing and support functions, as well as a customer showroom.
The lease extension is for a period of ten years, with the annual rent maintained at GBP180,000.
The consumer goods company said this property is owned by Berbar Properties Ltd, of which Barry Franks, a non-executive director of UP Global, is the owner and sole director.
UP Global shares closed 0.2% higher in London on Tuesday at 90.00 pence each.
By Evelina Grecenko; [email protected]
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