A Cheshire M6 motorway site is to be developed for 350,000 sq ft of logistics floorspace.
Total Developments has bought the 22-acre site two miles from junction 17 of hthe M6 to Total Developments for £4.1m
The site is next to MA6NITUDE in Middlewich, Cheshire. The overall masterplan offers over 1.7 million sq ft of development land in the heart of Cheshire. The Park is home to major distribution companies including B&M Retail, Wincanton and Kuehne + Nagel.
Legat Owen’s director Matt Pochin, who advised on the deal, said: “With DBS Pochin bringing forward large-scale distribution warehouses, 18:22 provides an excellent opportunity to complement this offer by focusing purely on the SME (small to medium enterprise) market, which is severely undersupplied as proven by the full occupancy rate and rental growth of the original Midpoint 18 scheme.”
Ed Chantler, director at Total Developments, said: “Having recently completed our latest development in Crewe, we’re now focusing on acquiring and developing land in strategic locations across the UK. With the site now acquired we will submit a planning application in the coming weeks, with a site start in Q2 2018.”