|

Caddick Construction appointed to deliver speculative development in Ellesmere Port

The North-West office of family run business, Caddick Construction, has been appointed by Redsun to deliver AVIATOR Phase II, which comprises two new build warehouses with integral mezzanine offices.

Caddick Construction successfully completed phase one in February last year, delivering a 125,000ft2 warehouse which was let to Survitec Group on a 20-year lease just after reaching practical completion. It was subsequently acquired by Arrow Capital Partners, who will be funding Phase II of the Development as part of its €3 billion Strategic Industrial Real Estate (SIRE) joint venture with Cerberus.

This latest phase responds to the significant rise in demand for quality industrial accommodation and will see two warehouses of 200,000ft2 and 80,000ft2 delivered, alongside service yard, parking and landscaping, on a 15-acre plot.

The Caddick Construction team will start on site next month, with completion expected in summer 2022. The client, Redsun, is behind the AVIATOR project, which will ultimately provide up to 450,000ft2 of industrial space. The popular site is already home to DHL, Jaguar Land Rover and Vauxhall Motors assembly plant.

Located off North Road, the 22-acre site forms part of the Cheshire Science Corridor and benefits from the enhanced capital allowances towards fit out costs offered by its Enterprise Zone status. Just five miles from Junction 12 of the M56, 24 miles from the M6, AVIATOR is also within easy reach of Liverpool Superport and Manchester Airport.

The project team includes Fletcher Rae Architects, Muir Associates and Crookes Walker Consulting. B8 Real Estate and M1 Agency are joint letting agents.

Ähnliche Beiträge