Real estate investor and developer Firethorn Trust has bought a 42.5 acre multi-modal site in Ellesmere Port, Cheshire, from Peel Ports.
The site can provide up to 750,000 sq ft of logistics and warehousing space in one or multiple buildings.
Adjacent to Junction 7 of the M53, the site has a direct rail link, a direct operational berth from the Manchester shipping canal, and is situated just 22 miles from the Port of Liverpool.
Peter Mather, Partner at Firethorn, said: “The opportunity to purchase a substantial freehold, multi-modal site in a recognised business and industrial location in the North West of England is a fantastic addition to our rapidly growing logistics portfolio.
“We plan to develop a highly-sustainable scheme with modern facilities and amenities that will benefit both occupiers and their employees, and continue to drive investment into the local area.”
Andrew Martin, Group and Land Property Director at Peel Ports added: “We look forward to supporting Peter and his team in bringing forward further development at this multi-modal site.”
Firethorn Trust was advised by CBRE and Peel Ports Group was represented by B8 Real Estate and JLL.