HAYDOCK 140 TO BECOME FLAGSHIP NORTHERN BASE FOR POWER SOLUTIONS PROVIDER

Acting on behalf of Fieldstone Developments, B8RE has completed the letting of Haydock 140 in Merseyside to AVK SEG (AVK), the largest and fastest-growing supplier of innovative power solutions for data centres, AI infrastructure and major organisations across the UK and Europe.

The transaction marks AVK’s first operational base in the North of England. The company has agreed a new 15-year lease on the 140,000 sq ft facility at a headline rent for the North West of £12.50 per sq. ft.

B8RE advised Fieldstone Developments from initial site acquisition through to design development, construction delivery and the successful letting to AVK during the build programme.

Fieldstone Developments is a joint venture between Barnfield Construction and a private individual with funding provided by Together Money.

Strategically located at Junction 23 of the M6 motorway, Haydock 140 forms part of the Haydock Green industrial and logistics scheme. The unit sits prominently at the front of the scheme, adjacent to a newly completed 377,000 sq ft distribution facility pre-let to healthcare logistics specialist Movianto, which was also developed by the same partnership.

Speaking about the deal, Jon Thorne, Director at B8RE, joint letting agents with Colliers, commented: “Haydock 140 represents the most prominent building on the M6 corridor, combining landmark architecture with a best-in-class, high-specification design. AVK’s requirement was clear: to secure a high-quality, statement facility to establish its presence in the region. Haydock 140 provides the ideal platform to support its continued growth and long-term ambitions, and we are pleased to have secured such an ambitious and fast-growing business as the occupier.

“This investment is also significant for St Helens and the wider Liverpool City Region, bringing a significant number of high-quality employment opportunities and further reinforcing the area’s strength as a strategic business location.”

Tim Webber Chairman of Barnfield Construction added: “We took the considered decision to speculatively deliver a state-of-the-art logistics facility capable of attracting a high-calibre occupier. The strength of the location, combined with the quality of design and specification, has proven compelling, and securing AVK underlines both the depth of demand and the long-term appeal of Haydock as a strategic distribution location.”

AVK was unrepresented in the transaction.