Following the granting of planning permission, Logicor, a leading owner and manager of logistics real estate in Europe, will commence the development of a significant extension to B&M Bargain’s Runcorn warehouse and distribution facility.
One of the UK’s fastest-growing variety retailers, B&M recently signed a deal with Logicor to remain at its existing c.343,000 sq ft Runcorn warehouse (Onyx 350) for a further 10 years, with Logicor committing to build a further c.112,000 sq ft to help serve B&M’s UK expansion.
The new warehouse will connect to the current premises, located on the 300-acre Manor Park Industrial Estate, one of the North West’s prime distribution locations. Adjacent to the A558, with easy access to the M56 and The Mersey Gateway Bridge, Manor Park is home to many household name occupiers including Lidl and DHL.
A spokesperson from B&M says: “Having occupied this site for many years, we know that our Runcorn warehouse is best located to serve our customers across the UK. The extension will provide plenty of space for us to expand our services with minimal disruption to our staff and allowing us to continue providing a seamless service to our customers. The additional space will also enable us to significantly increase our employment in the area.”
The new development works will include the extension of B&M’s service yard to the north and east, the input of 11 new dock loading doors, two new level access doors and 32 additional HGV parking spaces.
Forming part of the works, Logicor will also upgrade B&M’s existing warehouse to provide LED lighting throughout for the benefit of staff and the environment, and install 10 EV chargers, delivering a BREEAM Very Good certified building.
B&M will continue to occupy its existing building while the construction works take place, with completion of the development scheduled for Q3 2023. Upon occupation of the additional space, the new 10-year lease will commence on the combined c.455,000 sq ft warehouse.
Tom Blakely, Logicor’s Director, UK Asset Management, says: “It’s been a joy to work with the B&M team to identify and understand their expansion needs and to be able to deliver new space in the location they want to be. We have worked very closely with B&M to design the right space for them in a way which allows their team to continue operating as normal while the works take place.”
