[caption id="attachment_29126" align="alignright" width="300"] Deal done to build 1m sq ft pre-let unit[/caption]
Business group Alliance Automotive UK (AAG) has signed a deal to build a central distribution centre. The Rotherham-based site will consolidate the three existing sites in Sheffield in to one unit.
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AAG has worked out a pre-let plan with commercial developer Panattoni and real estate investment firm Europa Capital to custom build the gigantic structure, which is said to offer 'best in class logistics operations with advanced technologies' and almost 1 million sq ft of usable warehouse space.
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Steve Richardson, AAG’s Managing Director said “We’re delighted to partner with Europa Capital and Panattoni to secure this new facility for our FPS business. We’ve experienced significant growth since acquiring FPS in 2016 and this investment not only allows us to consolidate our three existing facilities in Sheffield, but also forms part of our wider programme to strengthen our distribution infrastructure to ensure we are prepared for future growth."
Richardson added that new plant is planned to be operational in the first quarter of 2025.
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