Leeds property developer Eshton secure largest North West industrial contract of 2015
Leeds-based property developer, Eshton, has just secured the largest industrial deal in the North West so far in 2015.
Exertis, a technology distribution business, has signed a contract with Eshton to develop a 543,620 sq ft national distribution centre at Burnley Bridge Business Park, Lancashire.
The proposed building will consist of a 433,946 sq ft warehouse, two mezzanine floors totalling 66,478 sq ft and 43,196 sq ft of office space. Expansion land is also included in the deal, thus allowing the premises to be extended a further 200,000 sq ft in the future.
Exertis, which distributes more than 350 technology brands and works with 14,000 customers across Europe, is the latest occupier to be announced at the 70-acre £50m Burnley Bridge Business Park.
Construction work is expected to begin next month and will be undertaken by Bowmer & Kirkland. Exertis aims to become fully operational at the site by early 2017.
Gerry O’Keeffe from Exertis said: “Burnley Bridge Business Park’s superb location at junction 9 of the M65 makes it an ideal site at which to continue expansion of our distribution business.
“We searched all over the UK for a suitable site, but here we can custom-build our own premises whilst also maintaining our existing workforce by not moving too far away from our current base at Altham Business Park.
“The new distribution operation we will build at Burnley Bridge Business Park will prepare the company for further growth while giving us a strategic geographical base in East Lancashire that complements our existing facilities in Raunds and Elland.”
James Chapman, managing director of Eshton, added: “We believe this is the largest distribution property deal in the region this year and it is not only great news for Burnley Bridge Business Park but also for the local area.
“The fact that the park has attracted a major player of this calibre to establish such a substantial distribution hub here demonstrates once again the huge potential of this site and reiterates Burnley’s reputation as the Department of Innovation & Skills’ ‘Most Enterprising Area of the UK 2013’.”
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