Size: c. 250,000 sq. ft. across 80 units – 450 sq. ft up to 30,000 sq. ft
A multi let industrial estate that is split up into three sections, accommodating units of 450 sq. ft. up to 30,000 sq. ft. The estate is situated near to both the Liverpool John Lennon Airport, JLR manufacturing facility and the new Estuary Business Park.
In May 2016, B8 Real Estate advised on the sale of this asset alongside Lea Green Business Park (extending to c.150,000 sq. ft.) in St Helens to Industrials UK. The estate was sold with 40% void.
B8 Real Estate is now acting as the lead agent in promoting the site to the occupier market. As such, we have assisted on the letting of Unit 4 (20,954 sq. ft.) for a 10 year term, Unit 16 (27,072 sq. ft.) on a 13 year lease and Unit 10 (10,266 sq. ft.) for a 10 year term, amongst many others.
Whilst not only generating strong interest in the final remaining units, B8 Real Estate have successfully reduced the void rate to 9.5%.