Eagle Park reports 100% occupancy

An industrial scheme at Hawleys Lane in Warrington is fully occupied following a 14,049 sq ft letting to Penlaw & Co, secured by JLL for Hermes Investment Management.

Drywall distributor Penlaw has taken a 10-year lease at £6.75 per sq ft to take Eagle Park’s last remaining unit. The firm will use the shed as a trade counter and for product storage.

The deal follows joint letting agents Davies Harrison negotiating a 10-year lease at £6.50 per sq ft on a 16,521 sq ft unit, announced in June. Second-hand car dealership Rix Motor Company is using the space for car preparation and storage.

Both are described as modern detached units with fully-fitted two-storey offices and their own fenced service yards.

Eagle Park comprises 13 units across 14 acres. Occupiers at the estate include Bishopsgate, Relay Technical Transport, Retail Associates and Primeline Logistics.

Richard Johnson, director at JLL, said: “Eagle Park’s popularity is buoyed by its prime location, with great access to Manchester, Liverpool and the wider North West. The scheme being fully let demonstrates strong demand for high quality industrial space in the region.

“With more grade A estates like this becoming fully occupied, including nearby scheme Taurus Park, it is important for landlords, where necessary, to refurbish to a high standard.”