UK logistics developer and manager Saint Modwen has acquired a 5,272 m2 cold storage distribution facility in the English Midlands.
The two-chamber facility is located on the Clover Nook Industrial Estate in Alfreton, adjacent to the A38 and Junction 28 of the M1 motorway and on the major North-South distribution corridor.
Due to its central position between Nottingham and Derby, Alfreton has become one of the UK’s major submarkets for distribution and logistics companies.
Spanning 2.14 hectares, the property has low site coverage of 25% with 161 car parking spaces and 30 dedicated HGV bays with the capacity to accommodate EV charging points.
Polly Troughton, managing director, Saint Modwen Logistics, commented: ‘The acquisition of this high-quality, modern facility allows us to further expand our footprint in one of the UK’s most competitive logistics locations. Our continued acquisition and development of high-quality logistics space within undersupplied regional submarkets across the UK fuels the growth of regional economies.’
Saint Modwen aims to deliver 204,386 m2 of new warehouse capacity during 2022 and disposes of one of the UK’s largest pipelines at 1.76 million m2.