Online skincare retailer Skin Cupid has signed a 10-year lease on a 34,500 sq ft unit at Bourges View in Peterborough to open a new storage and distribution warehouse.
Founded in 2020, Skin Cupid is a London-based e-commerce platform specialising in Korean and Japanese beauty products. With the largest share of voice on Asian beauty across the UK and Europe, Skin Cupid is trusted by a growing community of over 1 million enthusiasts.
Following the completion of the lease, 75 per cent of space at the 200,000 sq ft Bourges View roadside development has now been let.
Located on Maskew Avenue, Bourges View is owned by a joint venture between Chancerygate and specialist sustainable and impact investor Bridges Fund Management.
The scheme comprises three drive throughs, a self-storage unit, nine trade counter and nine industrial and warehouse units ranging from 2,800 sq ft to 34,500 sq ft.
Skin Cupid serves as the direct partner and exclusive distributor for many of Asia’s leading skincare and makeup brands, offering more than 80 brands to customers worldwide.
Melody Yuan, CEO and founder at Skin Cupid, commented: “We’re excited to announce the opening of our new distribution centre at Bourges View, marking a key milestone in Skin Cupid’s growth.
“This strategically located facility will enhance our UK distribution network, enabling faster delivery of our curated Asian beauty products both domestically and internationally.
“A key factor in choosing this facility was its sustainability features, such as solar power, which aligns perfectly with Skin Cupid’s commitment to responsible growth and the values we share with our community.”
Bourges View is adjacent to Maskew Retail Park and benefits from being in an established roadside industrial and trade location. Its close proximity to the A15 and A47 provides easy access to the city centre, ring road and wider transport network.
The remaining eight units at the development include four trade counter and four industrial units ranging from 2,800 sq ft to 5,350 sq ft and are available on a leasehold basis. There is also the option to combine the remaining units totalling 20,000 sq ft.
Current occupiers at Bourges Views include Costa Coffee, fast food chain Taco Bell and US burger giant Wendy’s. Trade merchants at the development include Toolstation, Wurth, Brewers, Careco, Tile Mountain and self-storage provider Lok’nStore.
Properties at the scheme benefit from electric vehicle charging points and are constructed from high-performance building materials to reduce CO2 emissions, with some units also featuring solar panels.
Chancerygate senior development director, George Dickens, said: “We are pleased to welcome Skin Cupid to Bourges View and now have 75 per cent of space at the development let.
“This latest deal, alongside strong interest in remaining units, is further testament to the development’s credentials and attractiveness to leading brands from a diverse range of sectors.”
Bridges is a specialist sustainable and impact investor. Its property funds focus on sectors that are well placed to benefit from the transition to a more sustainable and inclusive economy, including healthcare, lower-cost housing and sustainable logistics.
Agents JLL and Savills advised Chancerygate on the lease.
You can learn more about Chancerygate’s live projects here.