New lettings see Liverpool trade park fully let

A personal training business and a flooring company are the latest tenants to sign up for space at Mill Lane Trade Park in Liverpool. Tony McDonough reports 

Mill Lane Trade Park
Mill Lane Trade Park in Liverpool is now fully-let


Mill Lane Trade Park in Liverpool is fully let thanks to 9,000 sq ft of new lettings and lease renewals.

Personal training company The Zone and Monty’s Bespoke Flooring have each taken 2,000 sq ft units for five years, while Cashtec, a manufacturer and distributor of cash handling and security products, has taken 1,000 sq. ft over five years.

Existing tenant PNRS Building Services has moved into a larger 3,000 sq. ft unit on site and the remaining 1,000 sq ft is currently under offer. Mill Lane Trade Park is located in the Old Swan area of the city.

It is currently home to tenants including Screwfix, Elegant Bedrooms and Target Electrical supplies. The park was purpose-built in 2017 as part of the wider Liverpool Shopping Park regeneration and contains 18 trade counter and industrial units ranging in size from 500 sq ft to 2,103 sq ft.

It forms part of The Derwent Group’s wider industrial portfolio which includes Huyton Trade Park. Andrew Day, senior asset manager at The Derwent Group, said: “Since the trade park opened in 2017 it’s been a popular choice for local businesses, largely because of its proximity to Edge Lane and the M62.

“These new deals make for a strong and diverse mix of tenants and we’re pleased to see so many local businesses doing well, despite the challenges of recent months.”

Hitchcock Wright & Partners and Avison Young are the retained agents for Mill Lane Trade Park and Huyton Trade Park.

The Derwent Group is part of the Albert Gubay Charitable Foundation and operates in the retail, leisure, industrial and commercial sectors. It owns and manages 3m sq ft of commercial property including 2.1m sq ft of retail and leisure space.

You might also like More from author

Leave A Reply

Your email address will not be published.

Username field is empty.