Victorian Plumbing to open 500,000 sq ft distribution centre

Skelmersdale-based Victorian Plumbing has agreed on a 20-year lease for a new, purpose-built distribution centre in Lancashire.

The opening of the 544,000 sq ft site will see the company consolidate a number of existing sites while retaining others to provide a foundation for future growth.

Scheduled to be completed in Autumn 2023, it will become fully operational after a period of dual running with existing sites to ensure a smooth transition. 

Mark Radcliffe, founder and chief executive officer of Victorian Plumbing, said: "This new facility represents another exciting milestone for the business, providing us with capacity to manage growth in the long-term while further establishing Victorian Plumbing’s position as the number one bathroom retailer in the UK.

"I am also delighted that this new facility will create additional jobs and further support our investment in the local area."

Victorian Plumbing also explained that a circa £50m right of use asset together with a corresponding lease liability of the same value will be recognised on the balance sheet, following completion of the fit out. After the initial period of investment and operational transition, cash outflows associated with this lease will be broadly neutral when compared to current property costs.