Dresser Flow Solutions in 68,000 sq ft letting

VALVE manufacturer Dresser Flow Solutions has taken 68,613 sq ft at an industrial site in Skelmersdale.

It has taken on an existing 25-year lease at Grimrod Place  held by cosmetics sales and marketing business Vivalis.

Dresser, the manufacturing arm of Texas-headquartered GE Corporation, has agreed to pay rent of £265,000 a year. The business will relocate from its current base at Skelmersdale’s East Gillibrands Industrial Estate.

JLL’s North West head of industrial, Daniel Burn, and lease advisory director Duncan Campbell transferred Vivalis’ lease.

Mr Burn said: “Assigning an existing lease to a new occupier is rarely a straightforward process and this was a particularly complex requirement which required considerable input from JLL’s lease advisory experts. The deal has ensured the best outcome for both businesses and enables Dresser to upgrade its accommodation to a modern, fit-for-purpose space within Skelmersdale.”

Dresser Flow Solutions was advised by Darren Hill, senior surveyor at CBRE in Liverpool.