Tungsten Properties has been funded by British Airways Pension Trustees to build 'Super W', a 244,000 sq ft speculative industrial unit at the former Travis Perkins facility at Appleton Thorn Trading Estate in Warrington, Cheshire. The scheme now has planning permission.
Super W is location at the intersection of the M6 and M56 motorways, just four miles south of Warrington town centre. Manchester Airport is within a 14-minute drive and Liverpool airport within a 26-minute drive time.
Nathan Khanverdi, surveyor, Colliers International said: “Like many regions across the UK, in the last 12 months, the north west has experienced accelerated demand for large distribution space with take-up reaching 4.9 million sq ft, 90% ahead of the previous year. This is due to occupiers scrambling to secure distribution space in a supply-starved market.”
“As a result, there is an urgent requirement for speculative development in the region and so we expect to see strong interest from the occupier market for this prime space.”
The letting agents are Colliers International and Moriarty & Co.