Warehouse deal sees AO.com double Crewe operations
Household appliances retailer AO.com is expanding its North West footprint with a new distribution facility in Crewe.
The Bolton-headquartered firm, which already operates a 360,000 sq ft warehouse in the Cheshire town, has snapped up a further 386,753 sq ft of distribution space.
AO.com has taken the additional space at the Crossflow380 site on Weston Road on a 10-year lease.
The company was represented by real estate services firm Savills.
Jonathan Atherton, Savills’ industrial director, said of the transaction: “We are pleased to have completed this significant acquisition to facilitate the continued expansion of AO.com.
“Crewe has firmly become AO’s logistics base for the UK, offering both connectivity to the M6 and a strong local workforce. Both factors influenced the decision to expand in the town.”
The site’s owner, Prologis, was unrepresented in the deal.
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Apprenticeships: Invest in talent or keep chasing it
Are you ready for salary transparency?
Confidence the key to our artificial intelligence future
The missing piece of the puzzle in the NEET crisis
The North East investment story needs two engines
We must forge change to close the skills gap
Creating the conditions for North East talent to thrive
Time to end London monopoly on arts talent
Why local government is key to devolution success
Your reputation is worth more than that invoice
There is no perfect time when selling a business
What next when social media career help goes?