By Liza Helps, Property Editor, Logistics Matters

OCADO HAS taken unit C55 – the last available warehouse on the 530,000 ft2 Stoke Central development – on a 15-year lease at a rent thought to be close to the asking rent of circa £524,700 per year (£9.49 per ft2).

The facility which totals 55,232 ft2 features 10m eavesand a floor loading capacity of 50kN per m2. It has 48,355 ft2 of warehouse space with five dock and two level access doors served by a 50m yard with parking for seven HGVs.

The building also benefits form  3,714 ft2 of office space as well as a 3,136 ft2 plant deck. It was built to achieve BREEAM Excellent and an EPC A rating.

The building also incorporates rooftop solar PV and EV charging infrastructure, which Ocado will use to house, maintain and charge its growing fleet of electric delivery vehicles.

Ocado Retail Senior Property Strategy and Development Manager Danny Kennedy, said: “We are always looking for ways to support our growing customer base whether that is identifying new sites or maximising the capacity of our current infrastructure.

“Confirming the new spoke at Stoke is a great example of this, and it will enable us to deliver to even more customers. While work has only just started, we expect the site will be up and running later this year, creating hundreds of new jobs in the process.”

Joint letting agents were Savills and Mounsey Chartered Surveyors.

Presentation

You can see Danny Kennedy, Senior Property Strategy and Development Manager, Ocado speak at the upcoming Tomorrow’s Warehouse Manchester event.

The presentation is on ‘Place, People, Power – talking through some key principles in siting logistics facilities and making them work.’

You can register FREE for Tomorrow’s Warehouse Manchester here.