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NEW £4 MILLION INDUSTRIAL DEVELOPMENT IN ST HELENS COMPLETES
23rd August 2022
Northern Trust is pleased to confirm that work on their new 35,773 sq ft industrial development in St Helens has been completed.
The phase two development at their Gerards Park scheme located off College Street, adds 20 more units to the popular scheme. The new units have been constructed to a high specification and are arranged in 3 separate terraced blocks with sizes ranging from 818 sq. ft up to 2,900 sq. ft. The units over 1,000 sq. ft include integral office space, and there is dedicated parking to the front of each unit with good communal circulation space.
The phase two development has been part funded by the Local Growth Fund. Local Growth Funding is awarded to the Liverpool City Region Local Enterprise Partnership (LEP) and invested through the Liverpool City Region Combined Authority through its Strategic Investment Fund.
Mike Grindrod, Director at Northern Trust commented “We are delighted to have the support of Liverpool City Region Combined Authority in bringing forward this strategic development, which complements our existing ownership in St Helens. We have seen strong demand for the new space with 14 out of the 20 units already occupied in less than a month since completion. Considering the current economic climate this development shows our commitment to investing in the St Helens area whilst facilitating growth and creating jobs.”
Steve Rotheram, Mayor of the Liverpool City Region, said: "Across the city region we're investing in transformational developments like Gerards Park that will help us to keep attracting new jobs, businesses and investment into the area. The £1m we've injected into the site means that St Helens will continue to grow and succeed, with local people seeing the benefits through new jobs and training opportunities.
This is the difference devolution makes – helping us to invest money into projects that make a real difference to our local economy and create new opportunities for people to succeed and get on in life.”
The new development sits alongside Northern Trust’s existing Gerards Park scheme which was developed back in 2012 and will be actively managed by Northern Trust’s in house managing agents, Whittle Jones.
John Marrow, Regional Property Director at Whittle Jones added “The demand for the new space has been encouraging with this development providing much needed workshop accommodation for small and medium sized enterprises looking to set up or relocate to the area.”
Northern Trust’s current ownership in St Helens now extends to circa 100,000 sq ft across the 3 sites, in over 80 units.
For more details on the phase two development at Gerards Park or to arrange a viewing please contact the Whittle Jones North West office on 01257 238666 or visit the website for more details: www.gerardspark.co.uk.
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