Arrow, Cerberus plot 357,000 sq ft Bolton industrial

A 17-acre site currently occupied Essity is the subject of redevelopment proposals from the joint venture.

Arrow and Cerberus, who together make up the €3bn Strategic Industrial Real Estate joint venture, have lodged plans with Bolton Council to build 357,000 sq ft of new-build industrial and warehouse space off Mansell Way in Horwich.

The JV bought the site in 2020 and has been in talks with Essity about potential upgrades to the complex, described by planning consultant Stantec as “outdated”.

SIRE and Essity are in discussions over a new lease that would see the latter remain in situ.

However, it has not yet been decided if the tissue paper manufacturer, whose current lease is due to expire soon, will ultimately end up occupying the redeveloped site.

To maintain a level of flexibility around the future scheme, SIRE is seeking outline consent.

Three options for the configuration of the redeveloped site have been put forward. Option one proposes a single 357,000 sq ft unit, option two is for two units totalling 328,000 sq ft, and the third option is for a pair of units with a combined footprint of 297,000 sq ft.

PHP Architects is advising SIRE on its proposals.

To learn more, search for planning reference 17849/24 on Bolton Council’s planning portal.