Leading UK regeneration specialist, St. Modwen is helping parcel distribution firm, myHermes, expand operations into a new 43,100 sq ft warehousing facility 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 just signed a pre-let agreement with myHermes to custom design and build a new warehousing unit for the firm at our 212 acre Access 18 site. The planning application has already been submitted in order to start work on this unit this Spring subject to approval. Situated just off junction 18 of the M5, Access 18 is ideally placed for firms looking to expand their operations across the South West. In addition to the myHermes deal, we have planning consent to build a further 107,000 sq ft of industrial space at the site for purchase or rent by interested parties. We will also be delivering the first speculative unit of 37,000 sq ft this year, which will see this commercial development go from strength to strength in 2015 and beyond.”
myHermes operates parcel distribution sites nationally and expansion into this new Avonmouth facility will enable the company to take advantage of new market opportunities across the South West.
St. Modwen operates several other developments with design and build opportunities in the South West. These include Skypark at junction 29 of the M5 near Exeter; Firepool in Taunton; Locking Parklands in Weston-Super-Mare off junction 21 of the M5; Clevedon Business Park off junction 20 of the M5 and Gateway 12; Quedgeley West and Quedgeley East Business Park, adjacent to junction 12 of the M5 in Gloucestershire.