The budget supermarket chain has acquired 43.71 acres of land at the Logistics North Development, providing a major boost to the regional economy.
Lidl will work closely with Bolton Council to develop its plans for the site, with a planning application likely to be forthcoming later in 2017.
Adjacent to Junction 4 of the M61, Logistics North is the North West’s largest live commercial development, with outline planning consent in place for 4m sq ft of commercial space.
Adrienne Howells, Lidl UK’s head of warehouse expansion, said: “With more British customers choosing Lidl as their family supermarket we are laser focused on the sustainable growth of our business.
“Once again we are delighted to reveal plans for another Lidl distribution centre in Great Britain, bringing investment to Bolton, new jobs and additional support to our existing and future stores in the north of England.”
The Lidl deal is the sixth at Logistics North in the past three years, following freehold land sales to Aldi, MBDA, Joy Global and Exeter Property Group. Owner Harworth has also agreed a forward funding agreement with M&G to build two large commercial units on their behalf.
Phil Wilson, managing director of capital growth at Harworth Group, said: “Logistics North has established itself as one of the North of England’s leading distribution locations and we are naturally delighted to welcome a leading company like Lidl to Logistics North.
“Our extensive work in both remediating the site and masterplanning it for employment uses continues to yield results for both Harworth and the site’s occupiers. We look forward to welcoming further occupiers to the site in 2017.”
The news has also been welcomed by Bolton Council leader, cllr Cliff Morris. He added: “This is great news for Bolton as another well-known name signs up to Logistics North.
“Through this latest multi-million pound investment we are pleased to have secured 500 new jobs in addition to the 1,200 already employed on the site.
“We remain committed to continuing to work with all our partners to bring more tenants jobs and investment to the site in the near future.”
Our BQ Bulletin emails will land in your inbox at 7.30am, Monday to Friday, with a mix of the latest local business news, national news, and features to inspire you. Sign up here!
Click here to read our privacy statement