A franchised Volvo truck and bus dealer group has bought seven acres at an industrial estate in Bristol where it is planning to build a new depot.
Truck and Bus Wales & West (WW) acquired the space at Delta Properties’ Central Park at Severn Road in Avonmouth.
It is the third sale in the new phase of Delta Properties’ development in Bristol, following deals with The Range, Amazon, DHL and Lidl.
The Central Park development programme includes a new access road, which is expected to complete before the end of 2019.
The site has full planning consent already granted for open storage or new-build warehouse and distribution.
Billy Nairn, managing director at WW, said: “After searching for many years to find the right location in Avonmouth, we are delighted to have completed on this land purchase and look forward to building a new head office and main workshop to continue supporting our customers and provide great facilities for our staff.”
Michael Shebson of Delta Properties said: “We are delighted to welcome Truck & Bus Wales & West as our latest occupier for this next phase of development.”
He added: “Discussions with other potential occupiers are advanced, attracted by the location to the motorway network with the anticipated opening of the new M49 junction, and the huge benefits the existing planning consent bring. We expect to announce further deals shortly.”
Delta Properties announced the first deal at Severn Road with Dawsongroup Plc in July, followed by a deal with Wren Kitchens in September
Avison Young and Knight Frank acted on behalf of Delta Properties. Lodders Solicitors and Bromwich Hardy acted on behalf of WW.
Sign up to our BusinessLive emails
BusinessLive is your new home for business news from around the country – and you can stay in touch with all the latest news through our email alerts.
You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we’ll send out breaking news alerts for any stories we think you can’t miss.
Visit our email preference centre to sign up to all the latest news from BusinessLive.
The post Volvo truck and bus dealership buys seven acres of land in Avonmouth for new depot appeared first on USNewsRank.