Only two units remain in the development

Liverpool, February 2024 – Northwood Urban Logistics has successfully secured two new occupiers at Mersey Reach in Aintree, Liverpool. Applied Medical UK, a global leader in the medical device industry has taken Units 7C, 8A, and 8B at Mersey Reach totalling 18,687 sq ft. REPI (UK) Limited, a company specialising in manufacturing and supplying dyes and additives for the plastics industry will occupy Unit 6D at Mersey Reach measuring 8,982 sq. ft.  

Located on Dunnings Bridge Road, Mersey Reach offers easy access to the entire North-West region, with the M57/M58 located just one mile to the north. Additionally, Liverpool2 deep-water port is situated only 3.5 miles away.

These recent lettings leave just two new build units remaining on the scheme measuring 4,203 and 4,047 sq. ft. respectively. The units can be combined to offer 8,250 sq. ft.  Each unit has a generous 8.4-meter clear internal height, partially glazed frontages, and electric roller shutter doors.

One of the distinguishing features of Mersey Reach is its commitment to environmental sustainability. The development utilises the latest eco-friendly technologies to minimise occupancy costs. Measures include a low air permeability design, high-performance insulated cladding and roofing materials, Electric Vehicle (EV) chargers, and 15% warehouse roof lights to maximize natural lighting.

JLL and B8RE are the joint letting agents on Mersey Reach, acting on behalf of the landlord, Northwood Investors. JLL negotiated the deal to Applied Medical, who were represented by Avison Young. B8RE, negotiated the deal to REPI who were unrepresented.

Richard Johnson, Director – UK Industrial & Logistics at JLL said, “We are pleased to have let three units to Applied Medical UK at Mersey Reach on a 10 year lease and a further unit to REPI (UK) on a 5 year lease. The high specification new build units and prime Liverpool location made them well-suited for their medical business, which is expanding and relocating from Knowsley.

Thomas Marriott, Associate at B8RE… “The two most recent lettings at Mersey Reach demonstrate the strong levels of occupier demand for MLI (multi let industrial) accommodation, that we are still finding in the North West despite economic uncertainty. As shown in our B8 Real Estate, Market update on North West Industrial & Logistics – Take up of new build units under 15,000 sq. ft., accounted for the majority of transactions in 2023 for new build units below 90,000 sq. ft. for a second consecutive year (25 transactions – 51%).