LCB acquires thirteenth warehouse site

London City Bond (LCB) has acquired a new 162,000 sqft warehouse in West Thurrock, having also opened two sites in Burton upon Trent and Leeds this year.

The new warehouse, which is based in West Thurrock on the north bank of the Thames will serve LCB’s customers in the south east and allow them to make “efficient use of channel ports” including Tilbury and London Gateway.

LCB has stated that it has already secured HMRC approval for the project which will be the company’s thirteenth site. Once operational, the project will boast the “very latest handheld technology” allowing for “fast and accurate warehousing”.

The West Thurrock warehouse takes LCB’s total capacity to almost two million sqft of warehousing space. The company boasts 1,500 trade customers together with 6,500 private customers who store around eight million cases at any given time.

LCB has a national distribution service consisting of 300 vehicles which deliver anything from a single bottle to a full container.

Managing director, Alf Allington, commented: “We are excited about this further new facility to cope with continued organic growth, and in the short term will also be beneficial to our existing customers looking to increase their stockholding both for Brexit and the forthcoming peak season.

“Some may say 13 is unlucky, but we believe that it will be a great success – and we will be looking for number 14.”

This year, LCB is celebrating 30 years in business having expanded its operation from one small warehouse located on the north bank of the Thames at the barrier.