October 2017

Spec Build Pays Dividends In The Cheshire Science Corridor

Property development company, Andrews Property Holdings has announced the letting of both its speculative manufacturing / distribution units in Cloister Way, Ellesmere Port.

Unit 1 extending to 22,000 sq ft has been let to eCorrugated Ltd, which specialise in the manufacture of high volume corrugated packaging. The company already has a facility in Ellesmere Port and has taken the unit at Cloister Way to accommodate its continued sales growth.

In a second deal, Helukabel UK Ltd, the UK arm of Helukabel GmbH, a global leader in manufacturing and distribution of electrical cabling wires and accessories, will relocate from Bromborough to take unit 2 to continue their sustained growth, measuring 20,400 sq ft. Both tenants have signed up to a 10-year lease.

The site at Cloister Way forms part of the Cheshire Science Corridor Enterprise Zone and Growth Director, John Adlen said:

This is another great success story for the Cheshire Science Corridor and comes off the back of an excellent first year’s performance for the Enterprise Zone, where we have seen strong growth across the whole length of the Corridor from Alderley Park in the east right through to Ellesmere Port in the west.

The Andrews’ development at Cloister Way is exactly the type of modern high quality industrial stock required to attract and retain high tech advanced manufacturing businesses such as eCorrugated and Helukabel in the Cheshire Science Corridor.

John Adlen, Director, Cheshire Science Corridor Enterprise Zone and Growth

Legat Owen advised Andrews Property Holdings on the development and subsequent lettings and Director Stephen Wade commented:

The letting of both units shortly after practical completion confirms what we always knew. The fundamentals in the Ellesmere Port industrial market are right for business; great motorway connections, a loyal workforce and a can do attitude from Cheshire West and Chester, the LEP and the Ellesmere Port Development Board are a winning combination. The location of the site in The Cheshire Science Corridor was an added bonus.

Andrews Property Holdings have already completed several other schemes in Ellesmere Port and once again they have been rewarded for their commitment to spec build with early lettings.

Stephen Wade, Director, Legat Owen

Athena Law represented eCorrugated

Helukabel UK was unrepresented.