Barnfield partnership buys 18 acre Preston site
Nelson-based Barnfield Construction has joined forces with Henry Boot Developments to acquire an 18-acre development site in Preston.
The joint venture is the second between the two, who are also delivering Beacon 62, an 11.5-acre strategic gateway site in Huyton.
Named East, the proposed scheme is located at Junction 31A of the M6 in Preston and will deliver industrial and warehouse space, with units ranging from 6,700 sq ft through to 187,000 sq ft. The site already has outline planning permission these uses.
HBD and Barnfield have received notable early interest in opportunities at East, with discussions ongoing with several potential occupiers.
Dean Thompson, regional manager of HBD Manchester, said: “We are bringing East forward at an opportune time given the continued shortage of Grade A industrial and large-scale employment space in the North West, particularly along the M6 corridor."
Tim Webber, managing director of Barnfield Construction, added: “The site benefits from an excellent location along the M6 corridor, with almost immediate access to the UK motorway network.
The early interest we have seen is very encouraging.
"It’s an excellent opportunity for occupiers, whether for industrial or warehousing use, and the early interest we have seen is very encouraging. We look forward to securing the first occupier and getting started on site.”
Barnfield Construction is a contractor, developer and investor working with public and private sector partners and clients, managing over 30 live sites nationwide.
HBD is part of the 130-year old Henry Boot PLC. It has six regional offices and is currently working with a commercial development pipeline exceeding £1bn.