B&M Retail Signs Major Ten Year Lease for an Ellesmere Port Facility
Breaking News: B&M Retail Invests in Ellesmere Port's Economic Growth
B&M Retail, the UK's leading variety store retailer, has committed to a long-term investment in the town of Ellesmere Port. The company has signed a ten-year lease for a major new facility, creating significant opportunities for the local economy.
Details of the Lease Agreement
The lease agreement involves a 260,000 sq ft warehouse and distribution center, situated on a 23-acre site in Ellesmere Port. The facility is expected to become operational in early 2024 and will serve as a key distribution hub for B&M Retail's expanding network of stores across the UK.
Benefits for Ellesmere Port's Economy
The new facility is anticipated to generate numerous job opportunities for the local community. B&M Retail plans to create up to 200 new jobs during the construction phase, with an additional 150 permanent positions once the facility becomes operational.
Long-Term Commitment to Ellesmere Port
The ten-year lease demonstrates B&M Retail's long-term commitment to Ellesmere Port and the wider region. The company's investment is a testament to the town's strategic location and skilled workforce.
Positive Impact on Local Businesses
The presence of a major distribution center is expected to have a positive impact on local businesses. The facility will attract suppliers and service providers, creating additional opportunities for economic growth in the area.
Quotes from Stakeholders
Pete Dodd, Development Manager for B&M Retail, said: "We are delighted to have secured this long-term lease in Ellesmere Port. This investment is a key part of our growth strategy and will enable us to continue providing exceptional value to our customers."Justin Madders, MP for Ellesmere Port and Neston, welcomed the news, stating: "This is a major investment for Ellesmere Port and will create hundreds of new jobs. It is a testament to the town's strong economy and skilled workforce."
