Business park bolstered by record number of new lettings

The North West’s largest out of town business location has reported the highest number of new lettings in its history.

Birchwood Park, in Warrington, has let more than 250,000 sq ft of space, with 44 office and warehouse spaces let to new and existing companies who expanded their premises.

The park also saw a retention rate above 90% for the seventh time in nine years.

Its success also coincided with a major milestone, as Birchwood Park celebrated its 25th anniversary. It was founded following the sale of Birchwood Technology Park, then owned by the United Kingdom Atomic Energy Authority.

In May last year the park completed the £16m third phase of the Cavendish Warehouse scheme, which occupies 153,500 sq ft of warehouse space. All units were fully let on completion.

Recognised as one of the most successful centres for nuclear services in the UK, the park remains focused on meeting its sustainability objectives, with the aim to become net zero in all managed areas and buildings by 2030 and 2040 for all occupier-managed buildings.

Martin O’Rourke, Commercial Director of Birchwood Park, said: “We’re proud to report our most successful year since 2014. This remarkable retention rate and the growing number of world class businesses on the park is a true testament to our ability to adapt to meet the needs of our enquiries and the park’s impressive range of amenities.

“Looking ahead, we anticipate another challenging year, however we will continue to be flexible and work closely with the large cluster of nuclear innovators based on the park and do what we can to accommodate their needs and the needs of their supply chain.

“By catering to their unique requirements and bolstering their expansion efforts, we’re committed to sustaining their growth and development alongside our own.”