BDC

Search
BDC Magazine

nwf group

Large warehouse off the A500 bought

Feed, fuel and food distributor NWF Group plc has snapped up a new warehouse which has been built off the A500. The Nantwich business, which is headquartered in Wardle, has secured a 12-year lease on the 240,000 square-foot building on Crewe Commercial Park. Ambient grocery distribution and storage specialists Boughey

Read More »

Latest Issue

BDC 317 : Jun 2024

nwf group

Large warehouse off the A500 bought

Feed, fuel and food distributor NWF Group plc has snapped up a new warehouse which has been built off the A500. The Nantwich business, which is headquartered in Wardle, has secured a 12-year lease on the 240,000 square-foot building on Crewe Commercial Park. Ambient grocery distribution and storage specialists Boughey Distribution Ltd – a wholly-owned subsidiary of NWF Group – will operate the ‘Crewe 240’ building which will act as a consolidation hub for a major new customer contract. Existing warehousing operations at NWF’s Wardle site will continue as normal. Rob Andrew, company secretary at NWF Group, said: “NWF are delighted to have worked with Panattoni to negotiate the letting of Crewe 240. “The high bay, high specification unit provides a strategically located distribution facility for the expansion of the Boughey business, with the proximity to the M6 and our existing main warehousing hub at Wardle being a key driver to our decision-making process.” In addition to Crewe 240, logistics buildings developer Panattoni recently submitted plans to build a new, 305,000 square-foot warehouse – completed with integrated three-storey offices and a security gatehouse – on the same 14-acre plot. The developer predicts that ‘Crewe 305’ will add £3 million to the local economy per year and bring over 300 full-time jobs. Dan Burn, development director at Panattoni, said: “We are delighted to have secured a letting to NWF Group plc, so soon after practical completion. This is a significant deal for the North West market and underpins the resilience in demand for well-located, speculatively built warehousing.” Legat Owen acted as joint agents on the scheme with CBRE and Burbage Realty. Avison Young acted for NWF Group.

Read More »