skip to main content
  • *
  • *
  • *
Find Insight DIY on
* * *


Poundworld to open Wakefield distribution centre

Poundworld store

Poundworld has taken on a 15-year lease of 524,000 sq ft distribution centre in Wakefield at a rate of £2.5m per year from LondonMetric Property. Construction of the distribution centre is due to commence later this year, with an expected completion date of autumn 2016.

Mark Ward, property director at Poundworld Retail, said: “We have a rapid store expansion programme over the next three years and the new distribution centre will aid our expansion plans, improve efficiency and allow for a broadening of our product range in our single and multi-price format stores.”

LondonMetric purchased the site from CDP, the development arm of Marshall Construction Group and will forward fund the development with a £39.4m investment. The 30-acre site is located near junction 31 of the M62 in a logistics hub with adjoining occupiers including Asda, DHL, HSBC, Royal Mail and TK Maxx.

The warehouse is located two miles north west of junction 38 of the A1(M) in South Elmsall, Doncaster.

Source : Logistics Manager

02 July 2015

Related News

view more UK DIY News

I find the news and articles they publish really useful and enjoy reading their views and commentary on the industry. It's the only source of quality, reliable information on our major customers and it's used regularly by myself and my team.

Simon Fleet - Sales & Marketing Director, Thomas Dudley Ltd

Don't miss out on all the latest, breaking news from the DIY industry