New £5million Paisley Business Park at Merthyr Tydfil creating interest from local businesses

Units to let in a new industrial and trade counter development on the Pant Industrial Estate at Merthyr Tydfil are already attracting interest from local businesses, according to property consultancy Knight Frank.

The £5 million Paisley Business Park development has been created by MKR Property Developments Ltd on the disused site of a former ICI works, and will offer 14 new warehouse and trade counter units to let from 904 sq ft to 3,810 sq ft for small and medium-sized businesses in the area. The detached, semi-detached and terraced units occupy a self-contained site with the provision for gated access.

Emily Wilson, surveyor in the Industrial and Logistics team of Knight Frank in Cardiff, said: “Construction work is progressing extremely well and the units will be ready for occupation by May this year. We are already starting to experience strong interest from local occupiers keen to grow their businesses in modern purpose-designed premises in a very strong location.

“As well as being ideal for local businesses we believe there is the possibility of interest in the larger units from regional or national operators attracted by the quick access to the A465 Heads of the Valleys road and the A470.

“Paisley Business Park is the latest of a new generation of ambitious opportunities in the heads of the valleys being created by major investment along the A465 and direct Welsh Government investment in the area.”

More information is available from Knight Frank in Cardiff.