Frozen food retail chain Farmfoods is to build a major logistics centre at Bristol’s Central Park, the South West’s largest distribution scheme – delivering a further boost to the region’s recovering industrial property market.
The 175,000 sq ft temperature-controlled distribution centre will be built by Central Park owner Delta Properties’ development partner Roxhill as a design-and-build freehold project – a major boost for Bristol’s
Farmfoods, which has around 300 stores across the UK, will be the second logistics occupier at the 600-acre Central Park at Severnside, joining pallet distribution company CHEP UK at the gateway to the park.
Roxhill director Charles Blake said: “Central Park is quickly establishing itself as one of the UK’s premier distribution hubs. Delta Properties has invested heavily in the park’s infrastructure and, combined with Roxhill’s ability to deliver fast track buildings under a unique B8 planning permission, this puts Central Park at the forefront of the regional market.”
A new rail freight terminal on the site will become operational in early 2016m – a move Midlands-based Roxhill says will give the park national significance.
Paul Hobbs, director at property adviser GVA, which acted for South Wales-based Delta Properties and Roxhill, added: “Timing and certainty is crucial in the provision of new facilities. Central Park ticks all the boxes for distributors looking for an M4/M5 base, even for single facilities up to 1m sq ft. As the market improves, we know it won’t be long before others join CHEP and Farmfoods at Central Park.”
Knight Frank also acted for Delta Properties and Roxhill.
The Farmfoods building is expected to be completed towards the end of this year.