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GO-AHEAD GRANTED FOR LIVERPOOL’S 70-ACRE GATEWAY BUSINESS PARK

Work is scheduled to start in February on developing Stonebridge Park, a major 70-acre gateway business park frontring the A580, one of Liverpool¹s main arterial roads, following the granting of detailed planning consent for the first phase.

Key Property Investments, the joint venture between St Modwen Properties PLC and Salhia Real Estate Co. of Kuwait, in partnership with Liverpool Land Development Company, are initially creating 57,100 sq ft of high quality industrial space on a four-acre plot overlooking a lake which is part of the park¹s extensive landscaped environment.

The four units, which will be built speculatively and have a high BREEAM rating, will range from 12,975 sq ft to 28,550 sq ft and ten per cent of the accommodation with be offices.

Mike Hosie, St Modwen¹s development manager, said: ³Obtaining planning consent is a major leap forward for this project. We have worked closely with our partners LLDC to deliver this site to the market.

³We are all excited about the quality of the buildings and the landscaped environment they are to be set within. This , and the park¹s location close to the M57 and M62 will undoubtedly ensure that the units appeal to occupiers seeking a high profile, high quality industrial building.²

Stonebridge Park will ultimately total 30 acres of office and industrial units with a landmark water feature running the length of the development¹s one mile frontage to the East Lancashire Road.

The first units are available to let or to purchase through the joint agents Matthews & Goodman and King Sturge.

For further information contact Mike Hosie of St Modwen (01925 825950).
Issued by Paul Raymer of Howle Chapman Raymer (0121 313 1000).