Amazon’s search for a 1m sq ft North West warehouse has ended - for now - in a letting one-tenth the size it has been looking for.
The giant online retailer has signed up for the former 90,000 sq ft Marks & Spencer warehouse in Warrington in a deal with Manchester landlords Property Alliance.
The rent is £5.25 a sq ft, and it is understood that Amazon has signed a 12-month rolling lease.
The warehouse is to cope with growing demand and seasonal peaks, it is believed.
Property Alliance is now likely to postpone plans to redevelop the warehouse as a higher-band 125,000 sq ft property.
Amazon has been searching for a 1m sq ft North West warehouse for two years. The requirements has been suspended and revived a number of times as it struggles to find a site at the right price.
Rumours of a deal in locations as far apart as Merseyside, North Wales, Manchester and even Doncaster have so far proved unfounded.
