August 2018

Fully Let In The DEZ!

Acting on behalf of private clients Legat Owen have let the last remaining unit at Prospect Park, Zone 2, Deeside Industrial Park and the development is now fully let.

Situated within the Deeside Enterprise Zone, Prospect Park comprises 3 new industrial/warehouse units comprising 38,136 sq ft which were developed by Total Developments with support from  Welsh Government.

All 3 units are let on long leases to Chester Wool, CKPD and Mars-Jones Distribution.

Legat Owen have also been retained as managing agents for the scheme.

Commenting on the recent letting of the final unit, Associate Director Mark Diaper noted:-

The development comprised 3 new distribution warehouse units which were built to an exacting specification by Total Developments. The units were all sold shortly after completion to a North Wales based private investor who has successfully completed the letting of the scheme, setting a new benchmark for rents in Deeside.

The success achieved reflects the strength of the industrial market in North East Wales and Deeside in particular where unit availability is now limited.

Mark Diaper, Legat Owen