Refurbed Huyton industrial space snapped up by two new tenants
The industrial team at CBRE Liverpool has completed a duo of lettings at a newly-refurbished scheme in Huyton, Liverpool, on behalf of Peloton Real Estate.
Interchange, located within Huyton Business Park, has recently undergone a £2.7m refurbishment and is now home to Hemsec Manufacturing and City Plumbing.
Peloton originally acquired the site, previously occupied by Concord filing, in 2018 and undertook a significant revamp and rebrand to create an 84,439 sq ft warehouse with offices at ground and first floor, a new roof and a 60m-deep yard, as well as two prominent semi-detached trade counter units, each extending to around 6,500 sq ft.
Composite insulated panel manufacturer, Hemsec, which was founded in 1928 and was based in Rainhill, has taken the larger unit on a 10-year lease, while City Plumbing has taken the 6,500 sq ft space, also on a 10-year lease.
Interchange is located in a prime position within Huyton Business Park, immediately adjacent to junction one of the M57 and junction six of the M62 motorways.
Darren Hill, director at CBRE Liverpool, said: “Both lettings were secured virtually upon practical completion of the refurbishment works.
“This is testament to both the quality of the works as well as the continued strength of the industrial sector where stock levels are severely constrained and demand remains strong.”
Jonathan Nuttall, managing director of Peloton RE, said: “Our investment in this prime positioned industrial scheme has been integral in attracting occupiers looking for high quality logistics space combined with the estate’s excellent road communications and connectivity to the motorway network.”
CBRE advised Peloton Real Estate together with joint agent B8 Real Estate. Hemsec Manufacturing was advised by Eddisons and City Plumbing was advised by Mason Owen.
