LATE SUMMER START PLAN FOR PRESCOT BUSINESS PARK

Work will begin later this summer on the first phase of development at Prescot Business Park, in Prescot, Knowsley, where St Modwen Properties PLC is creating  215,000 sq ft of light industrial and business floorspace on the 12-acre former site of BICC Pyrotenax industrial complex which was acquired and remediated by Knowsley Council to create a new and attractive employment area.

The site, which is being developed in partnership with Knowsley Council, is close to the town centre but with easy access to the M57 via Junction 2.

Detailed planning consent has been granted for the first phase  50,000 sq ft of   light industrial managed workspace  where units will range from 850 sq ft  to 17,000 sq ft. together with a 50,000 sq ft business village comprising  six individual business space buildings arranged around two courtyards from 1,100 sq ft. to 6,000 sq ft available individually or in  suites.

St Modwen will be implementing the development  in three phases and it is estimated that the completed scheme will generate approximately 585 jobs.

Chris Newsome of St Modwen, said: “It is excellent news for the people of Prescot as the new development  will greatly assist the regeneration of the area. Prescot Business Park wlll become an attractive business environment and an important provider of employment.”

CB Richard Ellis of Liverpool is acting for St Modwen as letting agent for the first phase speculative space.

For further information contact Chris Newsome on 01925 825950. Issued by

Paul Raymer of Howle Chapman Raymer (0121 236 7771).