Construction starts on Poundland’s £30m regional hub

WORK has started on a new £30m Poundland hub at the M6 Epic site near Wigan.

Developer Stoford has begun construction of the 335,275sq ft facility on the near 20-acre park.

When complete next year, the regional distribution hub for the North West could create around 800 jobs.

Birmingham-based Poundland appointed fellow Midlands company Stoford to deliver the scheme at Lockett Road close to junction 25 of the M6 motorway.

Contractor McLaren Construction has been appointed and practical completion is expected in June 2016.

Detailed planning consent was granted by Wigan Council within seven weeks of submission.

Poundland, advised by Cushman and Wakefield, has taken a 20-year lease at a rent of £4.65 per sq ft on the Webb Gray-designed scheme. The Standard Life Investments Long Lease Fund is investing £30m to forward fund the development.

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