The construction of a £15m industrial site at Haydock Green, supported by lender Together, is set to commence soon.
- The project will feature a 135,000 sq ft warehouse and office space, boasting state-of-the-art facilities and visibility from the M6.
- Developer Oliver Morley cites initial tenant interest and significant job creation as economic benefits of the development.
- The project resumes after a market-induced pause, marking the second phase in the Haydock Green area’s growth.
- Barnfield Construction and Morley Estates collaborate again, following their successful first-phase 373,000 sq ft warehouse project.
Building work is anticipated to start shortly on the £15m Haydock Green industrial development. Situated strategically at junction 23 of the M6, the venture is backed by a substantial financing arrangement from Cheadle-based lender Together. The development is a joint enterprise between Oliver Morley’s Morley Estates and Barnfield Construction, promising a cutting-edge warehouse, manufacturing, and office complex over a 6.25-acre site.
This project, designed to feature 135,000 sq ft of warehousing, manufacturing, and office spaces, distinguishes itself through its unique visual appeal with dynamic lighting systems encircling the site. The developers, buoyed by promising dialogues with prospective tenants, aim for completion by spring. Oliver Morley foresees the site as the premier mid-size distribution hub in the North West, leveraging its highly visible location.
Morley expressed enthusiasm for commencing this ‘state-of-the-art’ facility, highlighting its potential to significantly boost local employment, with estimates of 300 to 400 new jobs. However, the delay in planning approvals and economic conditions had previously stalled progress. Morley remarked on the initial difficulties due to market volatility, which had affected financing opportunities and profitability.
This endeavour represents the second stage of development at Haydock Green, following the successful sale of a 373,000 sq ft facility to Warrington Borough Council for £46.5m in 2019. Plans for further expansion include additional warehousing and a self-storage structure. Barnfield Construction’s chair, Tim Webber, noted the firm’s commitment to delivering value through quality industrial units and affirmed the ongoing cooperation with Morley Estates and Together.
The Haydock Green site has already attracted significant attention due to its prime location and comprehensive facilities, according to Marc Goldberg, CEO of Sales and Distribution at Together. Jon Thorne of B8 Real Estate, the development’s agent, further attests to this high demand, citing initial interest from firms seeking bespoke, advanced premises in the area.
The Haydock Green project exemplifies a strategic investment in regional economic growth, set to enhance the industrial landscape significantly.
