A household products firm is set to create 20 new jobs after a lockdown boost prompted it to buy a West Midlands warehouse.
Newg420, which sells products such as washing powder, garden fertiliser and candles, has purchased the 26,150 sq ft Unit 39 on the Middlemore Industrial Estate in Smethwick.
It expands the company’s footprint on the site as it already has an operation in another unit on the same estate but decided to embark on the expansion following a growth in sales during the recent lockdown, resulting in a need for more storage.
Managing director Satnam Singh said: "This new unit will eventually employ 20 new warehouse workers as we are constantly needing more space to accommodate the extra orders we are getting.
"We sell up to 40,000 different lines to both wholesale and online buyers in the household product sector and the demand seems to be increasing because of the recent lockdown.
"People have simply been spending more time at home and therefore are spending more money on their homes and gardens."
Birmingham-based commercial property agency Siddall Jones arranged the purchase for an undisclosed price from scrap metal merchant Isaac Shaw.
Director Edward Siddall-Jones said: "This property is in a great location for storage, with easy access to the Midlands motorway network.
"Unit 39 received a lot of interest despite being on a long leasehold and we are witnessing an increase in demand for owner-occupied stock, particularly within the industrial small to mid-box sector.
"This is affordable for a number of businesses and owners who are looking to benefit from the tax benefits of acquiring a commercial property through a personal pension.
"We expect this trend to continue due to the low levels of industrial stock available across the West Midlands and the continuing low interest rates and cost of borrowing."
Law firm Higgs & Sons also advised on the deal.
