The long-anticipated £15 million industrial site off the M6 is set to break ground, heralded by significant support from financial facilitator Together.
This major development, located at Haydock Green, marks a pivotal moment for the region’s industrial landscape, promising substantial economic and employment benefits.
Building work is poised to commence on a substantial £15 million industrial development, strategically positioned off the M6. This ambitious project, backed by North West lender Together, represents a collaborative effort between property entrepreneur Oliver Morley of Morley Estates and Barnfield Construction. Envisioned as a 135,000 sq ft warehouse, manufacturing, and office space, it will feature an impressive lighting design accentuating its periphery. Barnfield, the main contractor, anticipates initiating construction imminently and aims for completion by spring.
This development holds particular significance due to its premier location with visibility from both the motorway and the East Lancashire Road. Oliver Morley highlights its status as potentially the “best mid-size distribution centre in the North West,” underscoring the project’s appeal to potential tenants and the likelihood of strong demand. The facility promises to invigorate the local economy significantly.
Morley envisions between 300 to 400 jobs being created, marking a substantial economic boost for the region. Discussions with potential tenants suggest significant interest, amplifying the development’s anticipated impact. This phase represents a continuation of progress at Haydock Green, following the initial success of a 373,000 sq ft warehouse sold for £46.5 million to Warrington Borough Council in 2019. Plans for a robust third phase, including further warehousing and a self-storage facility, indicate long-term commitment to growth.
Both Oliver Morley and Barnfield Construction’s chairman, Tim Webber MBE, express enthusiasm for this new venture. They highlight the collaborative synergy between the firms and their shared commitment to quality and value. Barnfield’s established presence on the site and prior success with the initial phase bolster confidence in the project’s execution. Webber underscores the continuity and growth achieved through these partnerships.
Together’s endorsement through substantial development finance emphasizes their strategic investment and trust in the project. As a long-standing client of Together, Morley benefits from a robust financial partnership that supports innovation and expansion at Haydock Green. Marc Goldberg, CEO of sales and distribution at Together, lauds the economic potential and strategic advantage inherent in the site’s development.
The speculative nature of the development at Haydock Green denotes a strong market confidence in demand for high-quality industrial spaces. According to Jon Thorne, director of B8 real estate, initial expressions of interest from major firms align with the lack of available comparable facilities in the North West. Thorne notes the distinctiveness and premier positioning of Haydock Green, which appeals to organisations seeking a state-of-the-art headquarters.
The Haydock Green project exemplifies strategic planning, economic foresight, and collaborative success. With its second phase underway, it sets the stage for further development and sustained economic contribution to the region.
As work begins on this significant industrial development, the collaborative effort promises to bolster the region’s economy.
The project not only signifies growth but also reflects strategic investments poised to bring long-term prosperity.
