B&M boosts growth plans with warehouse deal

A budget retailer has strengthened expansion plans with a warehouse deal.

B&M has moved into a 674,265sq ft distribution base in Ellesmere Port.

Known as Link 674, officials say the Cheshire hub will allow the Liverpool-headquartered supermarket to push its 760-plus store estate to in excess of 1200.

B&M has signed a ten-year lease on the building in a tie-up described as “one of the largest logistics deals in the UK this year”, with operations set to start in 2025.

The retailer was backed by Leeds and Bradford-based law firm Gordons, which has provided support to B&M for more than 20 years.

Commercial property partner Joanne Fearnley, who led an advisory team during the tenancy negotiations, said: “We are very pleased to have played our part in securing the deal, and look forward to seeing Link 674 become operational.”

B&M’s lease agreement is with real estate investor Cain International, with Firethorn Trust chosen to manage the site.

In addition to Gordons, B&M was represented by Savills on the deal.

B8 Real Estate, CBRE and Moriarty & Co acted for Cain International and Firethorn Trust, with Simmons & Simmons providing legal advice.

Gordons employs 170 people and counts AO, Cloud Nine, Decathlon, Evri, Morrisons, Ocado Retail and Wren Kitchens as retail clients.

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.