A bid by M&S to modernise its supply chain has led to it taking out a 20-year, £74m lease on a new logistics warehouse in Bristol.
The hi-spec shed will become a key facility for M&S’ food distribution business and incorporates chilled, ambient and frozen products.
The unit is located at Axis Works, a logistics location in Bristol and is expected to be completed in summer 2026.
Alex Freudmann, MD of M&S Food, said: “Modernising our supply chain is key to increasing the capacity in our network and will help us get ahead of the volume curve we are driving in M&S Food to meet our ambition of becoming a shopping list retailer.
“This new site will ensure that we’re getting the right products to the right stores at the right time for our customers.
“It will also create a great working environment for our colleagues.”
Andrew Jones, chief executive at real estate manager LondonMetric, added: “This is a high quality development let on a very long lease to one of the UK’s strongest retailers.
“It will deliver income longevity, certainty and guaranteed growth.”
