Loading...

News

26 Feb 2020

Caddick and Redsun complete AVIATOR speculative development

Caddick and Redsun complete AVIATOR speculative development

Caddick Construction has completed the first phase of Redsun’s AVIATOR industrial development in Ellesmere Port.

This first phase comprises a striking new 125,000 sq ft industrial unit at North Road Industrial Estate.

The AVIATOR project will ultimately provide up to 450,000 sq ft of industrial space. The popular location is already home to DHL, Jaguar Land Rover, and Vauxhall Motors assembly plant.

The site forms part of the Cheshire Science Corridor and benefits from the 100% enhanced capital allowances offered by its Enterprise Zone status.

Nick Wightman of Redsun said: “There is a distinct lack of good quality industrial buildings in this part of the region and our site will help to meet the demand. Just a two-minute drive from the motorway network, the site has Enterprise Zone status, offering very attractive capital allowances against fit-out and machinery costs.”

Ian Threadgold, head of Caddick Construction’s North West office, added: “To deliver the first industrial build at the significant Aviator development is an honour for the team and testament to our experience in delivering high quality industrial premises.”

The development secured planning permission in 2018 and construction commenced last summer. Redsun secured a development loan from the Northwest Evergreen fund and further investment through the Cheshire & Warrington LEP to kick start the employment site.

The site is just minutes from the M53 and within easy reach of Liverpool Superport and Manchester Airport. The site is being marketed by agents, Knight Frank and Legat Owen with opportunities for sale and let.

Rob Tilley, Director at Knight Frank, said: “With a shortage of speculative developed large units of this quality in the local market, combined with its exceptional location, we are receiving a good level of interest.”

The design team was made up of Fletcher Rae, Quartz Project Services, Muir Associates and Crookes Walker Consulting.

Share This Post