SEGRO Park Kettering Gateway welcomes Bunzl as first customer

SEGRO has welcomed Bunzl plc, the FTSE-100 specialist international distribution and services group, as the first customer at its 70-acre SEGRO Park Kettering Gateway industrial and warehouse development.

The 230,000 sq ft warehouse facility is the first to be built at the site, which has outline planning con-sent to deliver a total of up to 1.2 million sq ft of industrial and warehouse space with buildings rang-ing from 50,000 - 750,000 sq ft on a flexible freehold/leasehold basis.

The Bunzl Retail Division is establishing a new operation at SEGRO Park Kettering Gateway in order to continue to consolidate its warehouse footprint and improve the quality of its operations.

The new warehouse will provide a workplace for around 100 people when it opens and will also fea-ture an innovation centre enabling Bunzl to showcase its products and services to customers.

Developed to the highest specification, featuring up to 18-metre high eaves and 10 Megawatts of power available on the site, SEGRO Park Kettering Gateway incorporates first-rate sustainability credentials, including carbon neutral build options, rainwater harvesting, solar thermal heating, a minimum BREEAM `Very Good’ rating.

Andrew Pilsworth, SEGRO’s Business Unit Director, National Logistics, said:

“We understand the importance for our customers of having high-quality, sustainable, well-located and flexible industrial and warehouse space. SEGRO Park Kettering Gateway meets these needs perfectly and we’re pleased that the new facility will help Bunzl deliver its growth strategy, as well as new employment opportunities.

“The COVID-19 pandemic is changing the way that companies operate both now and in the future. The fact that SEGRO Park Kettering Gateway already has planning permission, utilities, supporting infrastructure and plots ready to build means a new warehouse can be constructed within six months. This could make a huge difference for those looking to adapt quickly to new market conditions.”

Helen Cockerham, Bunzl Retail’s Divisional Managing Director, said:

“Finding the right location for our new warehouse and distribution hub was a critical part of our growth strategy. The location and connectivity, the infrastructure which is already in place, and the speed at which our new facility can be delivered, made SEGRO Park Kettering Gateway a great choice.”

Located at Junction 10 the A14 at Kettering in the heart of the Midlands’ Golden Triangle, SEGRO Park Kettering Gateway offers easy access to the major motorways, ports, railways and airports, enabling deliveries to reach over 90% of the UK population within four hours. The site is adjacent to Latimer Business Park, which is home to a range of market leading brands, including Morrisons, Weetabix and Alpro, and Hanwood Park, the 5,500-house urban extension to the east of Kettering.

ABOUT SEGRO

SEGRO is a UK Real Estate Investment Trust (REIT) and listed on the London Stock Exchange in the FTSE 100 index. It is a leading owner, manager and developer of modern warehouses and light industrial property with a portfolio comprising 8 million square metres of space (86 million square feet), valued at £12.2 billion. Its assets are positioned strategically at locations in the UK across London and the South-East and Midlands regions, while in Continental Europe it has developments in France, Germany, Italy, Poland, Spain, The Netherlands and the Czech Republic.

For 100 years SEGRO has been creating the space that enables extraordinary things to happen. From modern big box warehouses, used primarily for regional, national and international distribution hubs, to urban warehousing located close to major population centres and business districts, it provides high-quality assets that allow its customers to thrive.