businesspress24.com - New Distribution Centre for Kingsway Business Park
 

New Distribution Centre for Kingsway Business Park

ID: 1031650

ASDA is Planning to Locate a State-of-the-Art Distribution Centre at Kingsway Business Park Rochdale That Will Result in 800 New Jobs Being Created

(firmenpresse) - LONDON, UNITED KINGDOM -- (Marketwire) -- 08/18/11 -- In a joint venture with the Park's developers Wilson Bowden, the retail giant is to develop out a 44 acre site on the 420 acre Park which they hope to have up and running by the end of 2012.

The development would include almost 500,000sq ft of comprised of warehousing and offices, along with a 133,500 sq ft on-site waste recycling centre. It would handle up to three million cases of chilled frozen food per week as well as other food products.

Ant Everett, Head of Network Development for ASDA Distribution, said:

"Since the successful acquisition by ASDA of the Netto business in 2010, the company has identified a shortfall in warehouse capacity covering the North West and Yorkshire. This will be a flagship development, which includes a state-of-the-art recycling centre, and will be one of the most environmentally sustainable developments of its kind in the UK.

"Kingsway's location, and the fact that it has direct access to the M62, makes it ideal to support stores across the whole of the north of England. When it is fully operational, the proposed investment at Kingsway will provide hundreds of new jobs in the area."

Robert Grafton, Kingsway's Development Director commented: "Wilson Bowden Developments is delighted to be working with ASDA to deliver this important new scheme. It represents a further vote of confidence in the Kingsway Team, which recently won an award for partnership working."

John Hudson Chief Executive of Rochdale Development Agency (RDA), said: "This proposal is a significant investment and on completion will be the second largest occupier on the Park after JD Sports. It will mark another significant milestone in the development of Kingsway."

Paul Daye, partner of agents p3 property consultants llp, acted for Wilson Bowden in the transaction and commented:

"This latest deal at Kingsway means approaching 1.75m sq ft of space has now let or sold since the business park opened in January 2008 and confirms Kingsway in the premier league of business parks in the UK."





ASDA will join a growing list of occupiers on Kingsway including Vindon Scientific, one of the UK's leading suppliers in the pharmaceutical industry and Takeuchi Manufacturing best known for their extensive range of mini excavators and tracked loaders. CR Laurence, a leading US supplier to the glazing, stone and architectural industries, is also based on the business park, along with EON the contractors for the Oldham and Rochdale Street Lighting PFI, British Millerain, manufacturers of textiles for the military, health and leisure industries. JD Sports is about to take occupation of their new 800,000 sq ft of office and distribution centre.

p3 property consultants llp and Jones Lang LaSalle are retained as development consultants and agents for Wilson Bowden Developments.

About p3 property consultants llp

p3 property consultants llp are specialists in the acquisition, sale & letting of industrial and commercial property in Manchester and the North West.



Contacts:
Venn Digital
Tom Robinson
+44 (0) 1625 418 395


Themen in dieser Pressemitteilung:


Unternehmensinformation / Kurzprofil:



Leseranfragen:



PresseKontakt / Agentur:



drucken  als PDF  an Freund senden  Saxo Properties and Resolution Property Form a EUR 250 Million Joint Venture
Market Conditions Creating Opportunities for Real Estate Investors
Bereitgestellt von Benutzer: MARKET WIRE
Datum: 18.08.2011 - 02:00 Uhr
Sprache: Deutsch
News-ID 1031650
Anzahl Zeichen: 0

contact information:
Contact person:
Town:

LONDON, UNITED KINGDOM


Phone:

Kategorie:

Commercial Real Estate


Anmerkungen:


Diese Pressemitteilung wurde bisher 184 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"New Distribution Centre for Kingsway Business Park
"
steht unter der journalistisch-redaktionellen Verantwortung von

p3 property consultants llp (Nachricht senden)

Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).


Alle Meldungen von p3 property consultants llp



 

Who is online

All members: 10 564
Register today: 1
Register yesterday: 0
Members online: 0
Guests online: 65


Don't have an account yet? You can create one. As registered user you have some advantages like theme manager, comments configuration and post comments with your name.