First4Skills takes 7,000 sq ft at Princes Dock

One of the UK's largest training providers has chosen Peel-owned Princes Dock, Liverpool Waters as its new office, taking advantage of the Enterprise Zone rates relief to be awarded for the first time.

Ellesmere Port-based First4Skills, which is a provider of apprenticeship and commercial training, has taken a 7,000 sq ft office space at No 12 Princes Dock, Liverpool Waters, overlooking the River Mersey.

It will move a significant part of its core business functions into the office as it looks to expand its successful programmes supporting businesses and young people in Merseyside and Cheshire.

In moving to the Enterprise Zone, First4Skills will be eligible to claim for up to 100% business rates relief over a five-year period. Princes Dock is part of the Mersey Waters Enterprise Zone which was established by the Government in 2011 with the purpose of encouraging economic growth and development in a particular area.

Alison Parkes, chief operating officer at First4Skills, said: "Moving to Princes Dock is a fantastic opportunity for the business. We understand how hard it is in the current economic climate to develop for the future, as businesses face a constant challenge.

"That is where we feel First4Skills can make all the difference as future-proofing by training in business is an investment that needs to deliver the best return – we have over 30 years experience in helping individuals and organisations to achieve this. The support from the Mersey Waters Enterprise Zone is vital to us to achieve our aim of leading, not following in our chosen sectors and we're looking forward to establishing our Liverpool base."

Liza Marco, asset manager at Peel, said: "As Liverpool Waters progresses, First4Skills and its apprentices are in a good position to benefit from the scheme.

"We have had a wealth of interest in the Princes Dock, Liverpool Waters offices recently which is testament to the impressive standard of the offices on offer in this unique location in the city. In addition, the significant financial savings both new and established companies are able to benefit from by moving into the Mersey Waters Enterprise Zone are now being recognised."

Princes Dock, Liverpool Waters is a hub of business activity situated within the £6bn redevelopment scheme of Liverpool waterfront.

DTZ, CBRE and Keppie Massie are the retained letting agents.