Developer breaks ground on Bristol M&S logistics unit

By Liza Helps, Property Editor, Logistics Matters

THE HIGH spec 390,000 ft warehouse is being forward funded by LondonMetric for £74 million and pre-let to M&S on a 20-year lease, forming part of the retailer’s investment in its food supply chain. Logistics Matters reported on the deal in March this year.

Designed to the highest sustainability standards, the building will target BREEAM Excellent, EPC A, and low-carbon construction, incorporating sustainable features to meet the requirements of all parties involved in the construction.

M&S Food’s Food Logistics Project Manager Sarah Stocken, said: “This distribution centre will play a key role in modernising our supply chain to increase capacity in our network. Not only will it help us deliver for our customers but also provide a brilliant working environment for colleagues when it opens next year.”

Winvic has been appointed main contractor and completion of the new unit is scheduled for summer 2026.

The overall Axis Works scheme has hybrid consent to deliver c.2 million sq ft of new industrial, warehouse and logistics space.

Since acquiring the site in 2020, EDC has overseen extensive pre development works, including asset recovery and demolition of a former pharmaceutical manufacturing facility, site raising, utilities media servicing, and new drainage infrastructure.

Stoford Joint Managing Director Dan Gallagher, said: “Breaking ground at Axis Works is the result of more than two years of close collaboration with EDC. The project demonstrates confidence in Avonmouth as one of the UK’s most important distribution locations and will provide LondonMetric and M&S with a facility that meets the highest standards of design and sustainability.”

Joint agents on the scheme are Knight Frank and CBRE.