Work begins on £20 million warehouse in Banbury

Published by

Nicky Godding

Paloma Capital LLP and Graftongate Properties have started works on the extensive refurbishment of the 200,000 sq ft former Jacobs Douwe Egberts distribution centre, which sits on a 13.7 acre site in Banbury.

Avison Young and White Commercial are marketing the premises looking for potential occupiers. The distribution centre will be available for occupation from June 2019, located just off junction 11 of the M40 motorway, and adjacent to the newly completed Waitrose foodstore and JDE’smanufacturing facility.

Jamie Hockaday, Director at Graftongate said: “We are delighted to have begun construction works onwhat is a significant investment to modernise the distribution premises, previously occupied by DHL and Aston Martin. We are seeing a good deal of growth and interest from the logistics operators wishing to locate in the centre of England of the London to Birmingham M40.”

Chris White, Managing Director of White CommercialSurveyors, added: “The refurbishment will provide modern facilities with easy access to the M40. Banbury has become more established as a distribution location over recent years and has attracted occupiers such as Amazon, Hello Fresh and the Entertainer, all of whom recognise the importance of the M40 as a trunking corridor, particularly well placed for those companies importing through the South Coast ports.”

Nicky Godding

Nicky Godding is editor of The Business Magazine. Before her journalism career, she worked mainly in public relations moving into writing when she was invited to launch Retail Watch, a publication covering retail and real estate across Europe. After some years of constant travelling, she tucked away her passport and concentrated on business writing, co-founding a successful regional business magazine. She has interviewed some of the UK’s most successful entrepreneurs who have built multi-million-pound businesses and reported on many science and technology firsts. She reports on the region’s thriving business economy from start-ups, family businesses and multi-million-pound corporations, to the professionals that support their growth and the institutions that educate the next generation of business leaders.