Stoford Reveals £101m Ellesmere Port Deal

Stoford has agreed a £101m deal for a new development that is being built in Ellesmere Port. Frasers Logistics & Commercial Trust (FLCT) will forward fund the construction of a new 668,000 sq ft UK parts distribution centre which has been pre-let to Peugeot, a subsidiary of the global automaker Stellantis Group, parent company of Vauxhall.

Commercial property developer Stoford has exchanged contracts with the manager of FLCT on the sale of a property to be developed at the Ellesmere Port complex.

FCLT has acquired the freehold logistics development on a 35 acre site at West Road, Hooton Park Airfield, for a total consideration on a completed basis of £101m.

Stoford gained planning approval for the construction of the new facility in May 2022, which will be built to BREEAM "Excellent" and an EPC rating of 'A' . It will be certified as Net Zero carbon in operation for the base build works.

The new building is programmed for completion in the second half of 2023.

Read more at: Insider Media

Read our other news

Cheshire Oaks set for new padel centre opening in August

A brand new padel centre with championship-level indoor courts is set to open at Cheshire Oaks

Read More
Chester: Top chef to open restaurant at former Da Noi site

An award-winning chef is set to open a new all day dining restaurant in Chester

Read More
Winsford's 'buzzing' artisan market returns to Civic Square

Winsford's new artisan market which left the town centre 'buzzing with energy' is back

Read More