Developer reveals plans for largest-ever spec logistics scheme in north of England
Developer Panattoni has revealed plans to build what it is calling the largest-ever speculative logistics unit in the north of England on the Yorkshire/Nottinghamshire border.
Pannatoni has bought the 65-acre site on the Nottinghamshire/Yorkshire border with planning consent for over 1.2m sq ft.
The two phase development, called Panattoni Central A1(M), by junction 34 of the A1(M), has been acquired from Mulberry Developments in an off-market deal. Panattoni will start construction of a building of 770,000 sqft, in the autumn. Practical completion is expected in September 2025.
The remaining 27-acre plot, which already benefits from reserved matters planning consent for a 461,000 sq ft building will initially be marketed on a build-to-suit basis.
Major distribution occupiers in the immediate vicinity include Culina, B&Q, Butternut Box and Daher Aerospace.
Dan Burn, head of development North West & Yorkshire at Panattoni, said: “This is a fantastic opportunity for us to acquire a prime logistics site in an established location by the A1(M). The development provides us with the opportunity to capitalise on the dearth of supply of XXL units across the country.
Panattoni was advised by Cushman & Wakefield and Mulberry Developments was advised by M1 Agency.