Parkers relocates in Knowsley

Packaging company Parkers has bought a 7,000 sq ft industrial unit at Penrhyn Court on Knowsley Business Park from Caddick Group.

Parkers, which provides packaging solutions for a wide range of food products, is relocating to Penrhyn Court from Millbrook Court in Knowsley.

Penrhyn Court, which was built by Caddick, is one of the few newly built schemes remaining on the A580 corridor, with units ranging from 5,275 to 22,390 sq ft, at a quoting rent of £4.95/sq ft and £65/sq ft on sales.

Jonathan Lowe, surveyor at GVA, joint agents on Penrhyn Court, said: "This latest deal comes on the back of the letting of 15,000 sq ft to Beverston Engineering and it is anticipated that it will provide the springboard for further lettings and sales."

CBRE is joint agent at Penrhyn Court. Details of the sale price not disclosed.