Leading UK regeneration specialist St. Modwen has started work on a new warehousing facility it is delivering for parcel distribution firm Hermes Parcelnet Ltd at its Access 18 development, off junction 18 of the M5 in Avonmouth.
Pete Davies, Senior Development Manager for St. Modwen in the South West, said:
‘We’ve started works on a new custom design and build warehousing unit we are delivering for Hermes Parcelnet Ltd at our 212 acre Access 18 site and are set to complete the unit in early 2016. Situated just off junction 18 of the M5, Access 18 is perfectly placed for firms looking to expand their operations across the South West. In addition to the Hermes deal, we have been granted planning consent to build a further 107,000 sq ft of warehouse and industrial space at the site for purchase or rent by interested parties. Work on the first speculative unit of 37,000 sq ft has also started and this will be ready for an occupier to move in through the first quarter of 2016.
Adam Leach, Estates Manager, Property and Facilities at Hermes Parcelnet Ltd, said:
‘Access 18 provides us with the ideal location for the new facility. Hermes Parcelnet Ltd operates parcel distribution sites nationally and expansion into a site with such excellent transport links will enable us to take advantage of new market opportunities across the South West.’
