A BIG START FOR POCHIN’S AT NEW SUPER SHED
Pochin Developments Ltd, in partnership with financial backer
Northridge Capital, has
commenced work on a new 32,515 sq m (350,000 sq ft) speculative
warehouse at its
Midpoint 18 scheme Middlewich.
To mark the occasion, a 'ground breaking' ceremony took
place at the site on Friday 6th
October and was attended by Councillor Jean Eaton - Mayor of
Middlewich, Pochin
Developments' director Jim Nicholson and John Yeend,
development director at Northridge Capital.
Comprising high specification design and cross-docking
facilities, the unit will be of the
highest standard, something that has attracted Pochin's joint
venture partners Northridge Capital, as investment director John
Yeend, explains: "Northridge continues to back expert
developers in speculative schemes where the occupational market is
well balanced. We have no doubt that the new warehouse at Midpoint
18 will prove attractive to occupiers and we look forward to
working with Pochin's throughout the development
process."
Following longstanding success at Midpoint 18, which is already home to big name occupiers including Tesco and Wincanton, the new building will be marketed to other distribution companies thanks to its excellent transport links and proximity to the M6 motorway.
Pochin's Jim Nicholson says: "Developers must respond to current market conditions and cater to the larger requirements of distribution companies. We are delighted to be doing that with the new unit, which will strengthen Midpoint 18's standing as a true distribution destination."
Lamonts and Matthews and Goodman are joint agents at the site.