Units at Binary Court Selling like Hot Cakes PDF Print E-mail

A spate of recent deals totalling 2,019 sq m (21,733 sq ft) of industrial and distribution space have been secured at Binary Court in Chorley.

Bicycle components wholesaler, Bob Elliott & Co has bought unit C4, having relocated from Ince in Makerfield to a 854 sq m (9,189 sq ft) warehouse at the scheme on Matrix Park. Meanwhile, Direct Heating Spares Ltd of Leyland has bought unit D4, also comprising 854 sq m (9,189 sq ft). Both buildings were sold for undisclosed sums.

In a further deal, unit C3 has been purchased by Chorley based, PM Autobody. The vehicle spray painting operation, which was looking to upgrade its accommodation, has bought the 312 sq m (3,355 sq ft) building for £290,000.

Just under 4,511 sq m (48,500 sq ft) of space was disposed of last year and in April, Redrow Barratt - the joint venture behind Matrix Park - announced that I-Care UK had bought a 302 sq m (3,250 sq ft) unit. This latest news means that just one 718 sq m (7,729 sq ft) unit, available at £560,000, remains at the 8,082 sq m (87,000 sq ft) scheme.

“Considering the site completed just under 12 months ago, the appetite for accommodation at Binary Court has been astonishing”, said Redrow’s northern region development director, Adrian Lewis. “Its position, one mile from junction 28 of the M6 and two miles from junction 8 of the M61, make it one of the best locations in the area and one of the reasons behind the scheme’s success. Our policy of producing high quality, fitted out accommodation also appears to have proved an attractive proposition for occupiers who are able to move in straight away. We are continuing to receive a lot of interest in the final unit and I’m confident it wont be too long before this phase is fully occupied.”

Daniel Burn of King Sturge, joint agent on the scheme with DTZ, added: “Binary Court continues to set the benchmark for good quality accommodation in the right location and, coupled with a good labour supply, makes it a hugely sought after scheme.”

 
< Prev   Next >
© 2012 Matrix Park
Part of the equation at Buckshaw Village