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Tuesday, February 27, 2024
BusinessNorthwood Urban Logistics secures first two lettings at Mersey Reach Phase 2

Northwood Urban Logistics secures first two lettings at Mersey Reach Phase 2

JLL and B8RE have advised on the lettings of two new-build warehouses, measuring 8,445 sq ft and 5,782 sq ft, at Phase 2 Mersey Reach in Liverpool. These are the first units to be let out of the 12 that were developed by Chancerygate and subsequently sold to Northwood Urban Logistics on completion of the development.

Air conditioning and refrigeration provider TF Solutions, who are a division of Travis Perkins, will occupy Unit 6C, whilst security & fire products distributor Fortus UK will trade from Unit 8C.

The scheme is proving to be hugely popular with two further units under offer and good interest being received in the remaining units. Ranging from 4,047 sq ft to 29,653 sq ft all units will benefit from Electric Vehicle (EV) charging points as well as other carbon saving initiatives such as 15% roof lights to provide natural lighting to workspaces, high performance insulated cladding and roofing materials and on Unit 5, Photovoltaic (PV) panels to help reduce operating costs.

The high-profile site is strategically located on Dunnings Bridge Road in Aintree and benefits from strong motorway connections to the M57 and M58 at Switch Island. Dunnings Bridge Road is a major arterial road into Liverpool and sees 40,000 vehicles pass by every day.

Richard Johnson, Director, Industrial Agency, JLL said: “It’s great to see the first two units at Mersey Reach let to major occupiers that will play a key role in the local economy, and we expect strong demand in the remaining units from occupiers for looking for high-quality trade-counter and SME industrial/ warehouse space in Liverpool.

It really is a fantastic high-profile scheme that has followed on from the hugely successful Phase 1 at Mersey Reach, which is home to Selco Builders Warehouse, Hardy, Happy Drinks, CNC Robotics, Euro Garages and Starbucks.  Its green features like the inclusion of EV charging points that make the space stand out to businesses, especially those that are looking to reduce their carbon footprint and save on operating costs.”

Tom Marriott, Industrial Agent, B8RE said: “Despite the threat of an economic slowdown, we have seen promising depth in occupational demand for good quality multi let industrial property and Mersey Reach is a perfect example with these most recent lettings to high profile occupiers. We are optimistic that this success will continue next year.’’

Iain Taylor, Director, Northwood Urban Logistics said: ‘’We are very pleased to welcome TF Solutions and Fortus UK at Mersey Reach. There is a significant lack of availability of good quality industrial premises within Liverpool City Region and the scheme offers a fantastic solution for growing occupiers.’’

JLL and B8RE are the joint letting agents acting on behalf of the landlord, Northwood Urban Logistics.

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