This website uses cookies primarily for visitor analytics. Certain pages will ask you to fill in contact details to receive additional information. On these pages you have the option of having the site log your details for future visits. Indicating you want the site to remember your details will place a cookie on your device. To view our full cookie policy, please click here. You can also view it at any time by going to our Contact Us page.

Onward Holdings' investment is good news for logistics market

14 October 2015

Onward Holdings will offer a much-needed increase in warehousing capacity in the Yorkshire region after purchasing a site at the Normanton Industrial Estate adjacent to junction 31 of the M62

This major investment by the business, a leading supplier of warehousing in the north of England, will boost the logistics and industrial property market in the region by providing the opportunity to lease a 108,000sqft facility, or if required it can be split into two separate warehouses, with offices and parking.

Set in one of the most important warehouse and distribution locations – the Normanton Industrial Estate is situated at the heart of the West Yorkshire region, within easy reach of both the A1 and M1. When the current occupier – a global online retailer on a short-term lease – departs the warehouse will be fully refurbished before being leased out again.

Onward Holdings says it has already been contacted by several parties looking to set up logistics operations as Yorkshire is considered a key location for many businesses seeking to move or expand its supply chain in the north of England. However, a shortage of suitable industrial space is hindering the logistics property market in one of the UK’s most important economic regions.

This significant knock-on effect of the UK’s economic recovery is a result of increasing demand from third party logistics providers and the continuing expansion plans of e-retailers seeking additional capacity for their customer fulfilment centres. These factors have led to a sharp fall in available sites.

Family-run Onward Holdings specialises in operating highly-competitively priced industrial warehousing in the north of England. Its sites include Castleford, Doncaster, Ackworth, Scunthorpe and Featherstone.

The forward-thinking company is dedicated to offering the best industrial and distribution property services and is confident that its investment in Normanton will pay dividends as almost all of the other current sites on its books have been fully leased or units are under discussion with interested parties.

Sales director Neil Storey, a third generation family member of the business, said: “We have made a significant statement of intent by purchasing the Normanton facility, which will be ideal for a variety of distribution solutions. Investing in new facilities will help us provide excellent business opportunities for those involved in warehousing, distribution, retailing and light manufacturing.”

Print this page | E-mail this page


Article image Why the Law Says You Need a Nappy Bin Disposal Service

At home, parents are used to disposing of their babies’ used nappies the same way they do any other domestic waste - bagging it up and sticking it in the rubbish for general collection.Full Story...

Article image Supply chain business owner speaks out on anniversary of Carillion collapse

Owner of Johnson Bros (Oldham) Neil Skinner has spoken of the severe difficulties experienced by his company through working with Carillion on the anniversary of the company’s collapse.Full Story...

Momentum increases to improve supply chain payment

Payment concerns continue after Carillion failure anniversary

Support for latest Clean Air Strategy development