LEGAT OWEN AGREES 90,000 SQ FT DEAL ON THE WIRRAL
Acting on behalf of Dean Property Group, Legat Owen has signed up Holiferm to a 90,000 sq ft industrial unit at Ocean Trade and Logistics Park on the Wirral.
Holiferm, a company which develops and supplies sustainable plant based, fermentation-derived, ingredients for industrial and consumer products and is expanding from its current facilities in Manchester and Daresbury. The tenant has agreed a 10-year lease at a rental income of £375,000 per annum.
‘Ocean Park’ is located in a prominent position fronting onto Dock Road, Wallasey, at the mouth of the East Float Dock and the River Mersey. It is approximately 2 miles from Junction 1 of the M53 motorway.
The area has excellent road and rail communications, being approximately 3 miles from the M53 motorway, has direct rail links to Liverpool City Centre, in addition to the regular Mersey Ferry service and Mersey Tunnels.
Speaking about the deal, Rupert Chadwick-Dunbar, surveyor at Legat Owen, commented: “Bringing Holiferm to the Wirral is a huge coup for area meaning new jobs and investment and we are pleased to have supported their expansion. This deal means that we are fully let at Ocean Park with the other occupiers including FINSA and Quickhire Events. Dean Property Group is a long-standing client and we currently act on a number of sites from Birkenhead to North Wales on both agency and professional work.”
Jonathan Beaver from Dean Property Group added: “Achieving a back-to-back letting on a unit of this size keeps our void rates across the portfolio to a minimum. We are looking forward to working with Holiferm to aid their expansion over the coming years.”
Ben Dolman from Holiferm commented: “We are extremely excited to build our first full scale plant at Ocean Park, which given the location has excellent logistical links to both suppliers and customers. The size of the unit we have taken means we have capacity for rapid expansion on the site, enabling us to bring the transition to biosurfactants much quicker”.
Holiferm was unrepresented.