Acting on behalf of Peloton Real Estate, the Industrial team at CBRE Liverpool has completed a duo of lettings at the newly refurbished scheme Interchange, Huyton, located within Huyton Business Park. Hemsec Manufacturing Limited and City Plumbing have agreed terms on the site which has recently undergone a comprehensive £2.7M refurbishment.
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 c.6,500 sq ft.
CBRE has secured two lettings following practical completion of the works, including the main 84,439 sq ft industrial building to composite insulated panel manufacturer, Hemsec Manufacturing Limited on a new 10 year lease. The company was founded in 1928 with its HQ in Rainhill. A 6,500 sq ft semi-detached trade unit has been let to City Plumbing on a 10 year lease.
Interchange is located in a prime position within Huyton Business Park, immediately adjacent to J1 of the M57 and J6 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:
“We are delighted to welcome both Hemsec and City Plumbing to our scheme at Huyton. 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 Limited were advised by Eddisons and City Plumbing were advised by Mason Owen.
