Yearsley Logistics is set to start work on the first phase of its 150,000 pallet cold store development in Peterborough this September. At a total cost of £65 million, on completion it will be the largest temperature controlled depot in the UK and create 420 jobs.
Located within minutes of the A1, the 20 acre site on the Great Haddon Employment zone has superb transport links to all major ports and the South. A combination of conventional warehouse systems, as well as fully automated 35 metre high bay crane store will make it a cost effective solution for all customers’ requirements, whatever the size.
With a shortage of high quality facilities and major competitors in the market withdrawing space, this investment is extremely important in Yearsley Logistics ongoing plan to build large consolidation centres in strategic locations. This will reduce food miles significantly, which ultimately translates into lower transport costs.
Tim Moran, Sales Director, Yearsley Logistics, commented, “We are all very excited about building this fantastic new facility, which yet again shows our long-term commitment to the UK frozen food sector. Over the past 12 months we have seen unprecedented demand from customers for our logistics services”.