St. Modwen Logistics

WORK GETS UNDERWAY ON REGION’S LARGEST SPECULATIVE UNIT AT AVONMOUTH’S ACCESS 18

St. Modwen, the expert developer and regeneration specialist, is continuing to deliver its programme of speculative building across the region with the start of work on a new 151,000 sq ft unit at Access 18 in Avonmouth.  It is the largest speculative build currently underway in the region and is in response to continued market demand for logistics and production space close to the M5.
Scheduled to be ready for occupation in March 2019, the new 151,000 sq ft Unit 15 is part of St. Modwen’s overall strategy to accelerate commercial development activity with a pipeline of around 7.5m sq ft of new industrial and logistics space in the next five years, based on occupier demand, planning and strength of location, from its existing commercial land holdings.
Peter Davies, Development Director for St. Modwen West and Wales said:

“This year will see approx. 340,000 sq ft of new accommodation delivered at Access 18, Avonmouth in 17 new speculative units; preparations are also advanced to be able to deliver a further 260,000 sq ft in up to seven units. Access 18 is in a prime location, offering easy access to Junction 18 of the M5 and, with its proximity to relevant local labour, public transport and amenities, this is a key strategic site for St. Modwen. For these reasons, Unit 15 should appeal to regional and national logistics companies and we are ready to discuss occupier specifics for March 2019 occupation. We are also able to offer ‘build to suit’ options for companies to join occupiers such as Hermes, Movianto, CEF and Nisbets who have already established themselves in the 750,000 sq ft of buildings delivered to-date at Access 18”.

Access 18 is being delivered in phases and is already home to 14 companies, including big names such as Kent Foods, Hermes Parcelnet Ltd and Budget Greetings Cards. A further four new occupiers Commercial Electrical Factors, GB Liners, Plant-Ex and Movianto have recently taken up residence in four speculative units totalling 76,000 sq ft. A key strategic commercial development site for the South West, Access 18 has the potential to provide in excess of 2,200 jobs in total.

Speculative and ‘build to suit’ units are available now and interested occupiers can contact St. Modwen joint agents, Alder King or Knight Frank.