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Birmingham Post

Business

Jon Robinson

Land earmarked for major new Peugeot parts distribution centre sold for more than £100m

A site with planning permission for a new base for car giant Peugeot has been acquired in a deal worth more than £100m.

The 14.1-hectare site at West Road, Hooton Park Airfield, Ellesmere Port, has been acquired from commercial property developer Stoford by the manager of Frasers Logistics & Commercial Trust for £101m.

Permission was granted in May for the 668,000 sq ft UK parts distribution centre that has already been pre-let to Peugeot.

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