Online fashion and footwear retailer opens new base in Peterborough
An internet fashion retailer has opened a new warehouse in Peterborough creating a number of jobs.
London Top Style has just agreed a three year lease on a 2,600 sq ft warehouse at Saracen Business Park, off Newark Road.
The casual footwear and clothing e-tailer has moved into the city after trading in London for three years and will create two jobs.
The announcement comes just weeks after France-based online retailer of women's second hand clothes Patatam opened its first UK hub at Centurion Business Centre, in Bretton, creating eight jobs.
London Top Style's managing director Said Ouail said more affordable warehouse premises and Peterborough's excellent transport links had attracted him to the city.
He said: "The cost of commercial premises and residential property in London had become too prohibitive.
"With family connections in Yorkshire and with a business that has a direct relationship with online customers whose orders we fulfill through the Royal Mail network, we needed to find a
location that ticked all the boxes.
“We’ve found that in Peterborough - for our family home and for the business.
"The contrast in commercial premises costs and the quality of life couldn’t be more marked.
“This means, we have the time and the finances to invest and grow the business. We are actively recruiting locally to do this.”
The leasing was overseen by commercial agents Barker Storey Matthews at a rent of £16,950 per year.
London Top Style joins joins a range of warehouse, industrial and trade counter operators at Saracen Business Park, which has secured fencing and CCTV.
Richard Jones, director of Barker Storey Matthews, said: "The relocation by London Top Style reinforces what Peterborough has to offer commercial operators who need warehouse space and to be plugged in to distribution chains.
He added: "Demand for commercial premises to let in Peterborough for uses such as those of London Top Style and similar suppliers, stockists and sellers, remains constant as we head towards the end of the year.”