Redsun secures two occupiers for completed Magazine Point site

Redsun Projects has secured two deals at Magazine Point on Wirral International Business Park in Bromborough, Merseyside as main contractor, Portal NW reaches practical completion on the 55,000 sq ft light industrial scheme.

Signage supplies distributor, MDP Supplies, and medical diagnostics company MedTechToMarket have signed up to 19,000 sq ft and 12,000 sq ft respectively. These sales mean that 24,000 sq ft remains available across four units.

Designed by C4 Projects with Muir Associates acting as civil and structural engineers, Magazine Point is one of three development sites in Merseyside to have received a share of £2.65million from the Liverpool City Region Combined Authority’s Light Industrial Fund. Debt funding was provided by Lloyds Bank.

Speaking about the scheme, Nick Wightman, director at Redsun Projects, commented: “We have been hugely encouraged by the interest we have received, selling over half of the scheme prior to practical completion. The support from the Combined Authority has enabled us to meet occupier demand and support growing businesses in the area.

“This deal marks over 500,000 sq ft new commercial floorspace we have delivered in Bromborough to date, and we are actively seeking more sites for development.”

Mark Bousfield, Director of Commercial Development and Investment at the Liverpool City Region Combined Authority, said: “Magazine Point is one of three sites across the City Region where we’ve invested £2.65m to deliver the outstanding facilities that businesses need. It’s great to see businesses already signing up to take space – I’m sure it won’t be long before others follow.”

Mark Diaper, associate director at Legat Owen, joint agents for the scheme with B8, commented: “Redsun has continued its commitment to providing quality units on the Wirral on a speculative basis. Magazine Point represents the developer’s latest development and provides much-needed accommodation where stock levels are at an all-time low.”

Have you got a Wirral story? Email [email protected]

Like the Facebook page and follow @BirkenheadNews on Twitter

Read more articles.

Facebook Comments

Read more articles below ...
Chartered Financial Planner named in prestigious UK guide

A Neston-based leading financial adviser has made it into her industry’s most prestigious guide. Helen Brown, a chartered financial planner Read more

Cammell Laird completes civil nuclear test rig

Cammell Laird has completed the design, manufacture and installation of an innovative test rig as part of a project which plans Read more

Woodside Ferry Village expands with the creation of a new independent retail hub

A new, waterfront independent market and artisan retail hub is set to open on land adjacent to the iconic Woodside Read more

British Retail Consortium: Shoppers ‘must respect staff’ as stores reopen

Thousands of retailers will be welcoming back customers from today as ‘non-essential’ retail begins to reopen. The British Retail Consortium Read more