Lancashire -based haulage company FDC Holdings has paid a seven figure sum for the 306,766 sq ft Unit 330 at Walton Summit Centre, Four Oaks Road, near Preston.
The site will serve as a second warehousing and distribution centre for FDC, which also plans to lease a ‘significant part’ of the building to other businesses.
Peter Allen, managing director of FDC, said: “We have doubled our turnover to £6m and doubled staff numbers to 40 in the last two years by making significant investment in the business and reaping the reward of that investment with new contract wins. We’re planning to create another 20 jobs in the next three to six months.
“This purchase gives us a great opportunity to grow our business and the extra capacity to service new customers. The sheer size of the property means we are also able to offer space to other businesses, creating a thriving local hub.”
The company, founded by Peter and his brother Stephen in 1997, serves customers in a variety of sectors including manufacturing, retail, and food and drink.
The property was previously owned by Preston Investments BV, which was advised on the sale by DWF in Manchester.