CBRE’s Liverpool office has recently welcomed 10 new occupiers to the newly transformed Liverpool Innovation Park, marking over 51,000 sq ft of transactions for the team since June 2014.
The lettings include a 5 year lease to Pro-Team Facilities Management Limited on a 1,400 sq ft office, with other occupiers including Major Recruitment Ltd, Tecmark Limited, Blue Ocean Media Ltd and Chapel & Stone Limited to name a few, all signing new leases.
CBRE has been working with the Park’s owners – the Homes and Communities Agency (HCA) to improve the overall feel of the Park and create an enhanced brand. Recently completed investment has resulted in the removal of redundant space, creation of new development plots and a significant increase in car parking spaces. Recent projects have also been undertaken to improve market awareness of the site include rebranding, a new website and improved signage.
This investment combined with the enhanced market awareness, and the sites excellent location and accessibility to the M62 has been an attractive draw for new tenants looking to service the city and a wider area.
The team has also been busy engaging with existing occupiers and as a result has introduced a range of new tenant services such as a dry cleaning service and yoga classes. Other amenities include Bean Coffee shop and Ben Dunne gym.
David Tyson, Senior Surveyor of Asset Services at CBRE’s Liverpool Office, said:
“The Park has enjoyed recent lettings success from smaller occupiers such as start-ups and small businesses who are attracted to the all-inclusive nature of the tenancies. Businesses pay an annual figure which includes everything from utilities to insurance and high speed broadband with added extras, such as a receptionist and meeting rooms, for no additional cost. Furthermore, occupiers who take very small offices initially, have the opportunity to take double the area on renewal, ensuring business can continue to grow, whilst still benefitting from the shared services.
“The investment into the Park, both physically and in terms of occupier services, has ensured the continued retention of occupiers and the attraction of new ones. This development has reaped the benefits of a dedicated team working to maximise its potential and we are delighted with how well it is being received.”
Carol Sutton, Senior Area Manager at HCA said:
“We are delighted that our investment strategy for Liverpool Innovation Park is paying dividends. We are pleased to be able to support the growth and development of businesses of all sizes at the Park and as lettings continue to grow, we are pressing ahead with further investment in newly refurbished small suites in the coming months.”
