Food manufacturing supplier Kent Foods has snapped up a 37,200 sq ft unit at St Modwen’s Access 18 development in Avonmouth for an undisclosed sum.
Pete Davies, Senior Development Manager for St. Modwen in the South West, said: “Access 18 continues to progress with the recent handover of the 43,100 sq ft bespoke unit to Hermes Parcelnet and now the sale of this speculative building to Kent Foods Limited.
“Work is already underway on two further speculative units at the site, providing 33,570 – 68,350 sq ft of warehouse accommodation. Units will be ready to occupy in September and October this year, and occupiers can secure the opportunities now on a purchase basis. We are also ready to deliver further bespoke property solutions for businesses looking to locate at this strategic site near Junction 18 of the M5 and M49 motorways.”
The £150m commercial scheme can accommodate design and build opportunities from 10,000 sq ft to 300,000 sq ft, to rent or purchase, and has the capacity to accommodate up to 2,200,000 sq ft of employment space.
Letting agents are Alder King and Knight Frank.