PLANTATION PARK SECURES NEW DEALS
Acting on behalf of Mileway, the pan-European last mile logistics real estate company, joint property agents Legat Owen and B8RE have agreed two new deals at Plantation Park on Wirral International Business Park in Bromborough, Merseyside. Mileway have also secured the occupation of the property’s largest tenant, Abbey Logistics.
The community food hub charity, Too Good to Waste has taken 10,688 sq ft on a 5-year lease and civil engineers DT Hughes have taken a 2-year lease on 7,392 sq ft. Existing tenant Abbey Logistics has renewed its leases on 137,000 sq ft for 10 years.
Mileway has completed the refurbishment of Unit 17 C/D comprising 39,296 sq ft, which benefits from a large yard and LED lighting. It is available now on a leasehold basis.
Rita Lewis from Too Good To Waste, said: “Taking the lease on 17a Planation has been the catalyst for supporting our community with much needed food. We are setting up to support 250 small food groups across Wirral, Cheshire and North Wales to provide the safe and clean storage of food to provide easy access for our members to collect their food from. This unit has been a Godsend and the building works so well for us to deliver a great community project.”
Off Junction 5 of the M53, Plantation Park provides approximately 250,000 sq ft of warehousing and 10,000 sq ft of offices. Wirral international Business Park is home to a number of high-profile tenants including Great Bear, Meyer Prestige and Cereal Partners.
David Deeley, Senior Asset Manager at Mileway, commented: “Bromborough continues to be an attractive business destination and Plantation Park complements our portfolio of high-quality assets in key locations. We were pleased to secure Abbey Logistics’ ongoing occupation at the property and we welcome Too Good to Waste and DT Hughes to Plantation Park.”
Mark Diaper, associate director at Legat Owen, continued: “Wirral is proving to be well-established location for businesses. There is a limited supply of stock of this size in this area and we believe Mileway’s proactive decision to refurbish the remaining space will quickly be followed by a letting.”