Member Article

Barwood Developments to create warehouse facility in Huyton

Barwood Developments (North) Ltd has acquired a large manufacturing facility at Huyton Business Park near Liverpool for £5.2million.

The company says it intends to redevelop the site with a state-of-the-art 204,000 sq. ft. warehousing facility.

The existing 174,198 sq. ft. manufacturing facility, on Stretton Way at Huyton Business Park, is currently let to Goodrich Actuation Systems Limited for the supply of aeroplane parts to clients such as Airbus.

The facility will close early to mid 2015 after which Barwood will comprehensively redevelop the site and speculatively develop a 204,000 sq. ft. state-of-the-art warehouse facility.

Huyton Business Park is located at the Tarbock Island interchange at J6 of the M62 and J1 of the M57. Liverpool John Lennon Airport is just 7 miles to the South.

Companies presently occupying sites on the Park include Parcel Force, Olympic Oils and Halewood International Holdings PLC.

Andrew Dickman, director at Barwood, said: “Through the acquisition of this facility, we have an opportunity to ensure that the site doesn’t become redundant following the closure of the factory and instead, benefits from inward investment that will hopefully lead to job creation for the locality.

“The site is prominently positioned in a much sought after location adjacent to a busy motorway junction and we believe that our proposals will generate strong demand in a recovering market where there is now a serious lack of supply of good quality industrial and warehousing stock.

“Barwood has a strong track record for the delivery of high quality product and we anticipate significant levels of occupier interest in this opportunity.”

The industrial agency team at property agency CBRE acted on behalf of the vendor CBRE Global Investors,

This was posted in Bdaily's Members' News section by Simon Malia .