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Ocado plans £210m Warwickshire distribution hub

13 Oct 10 Online supermarket Ocado is to build a £210m distribution centre in Warwickshire.

Online supermarket Ocado is to build a £210m distribution centre in Warwickshire.

The retailer has exchanged contracts on the 14-hectare site at Dordon and wants construction work on the 350,000 sq ft facility to start immediately.

The centre is expected to be finished by the end of 2012.

Andrew Bracey, finance director of Ocado, said the Dordon hub would allow the retailer to grow “at a greater pace in Manchester and Leeds and go north into Tyneside and Durham”.

Ocado bought the site for £17.7m and will pay £3.5m to supply utilities to the distribution centre.

The £210m capital cost of the scheme will be financed through the group’s existing banking facilities and its current reserves.

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