Trade counter estate opens at Bryn Cefni
Castle Property Investment Holdings has completed its £2.3m Llangefni Trade Park scheme on the Anglesey industrial park, where around 7,000 sq ft remains available.
The site offers eight trade counter units of around 2,000 sq ft to 2,600 sq ft. Screwfix and ToolStation each have agreed pre-lets on two units apiece and are now trading, while a further deal has been agreed with Concept Spa for a single unit.
Screwfix was advised by Colliers International and ToolStation was represented by Adept Consultancy.
CPIH secured £812,000 in grant funding from the Welsh Government’s Property Infrastructure Fund, which is supported by the EU, and procured via Sell2Wales.
The scheme was designed and built by R L Davies & Sons. Neighbouring occupiers include Lidl, Jewson, ATS and Huws Gray.
Joint agents for the scheme are Legat Owen and Williams & Goodwin.
Mark Diaper, associate director at Legat Owen, said: “We have had strong interest from the outset, securing pre-lets on half of the floorspace and, with the remaining units already under offer, we are confident the scheme will be fully occupied in the coming weeks.”
Vernon Evans, finance director at CPIH, added: “We would like to thank the Welsh Government for allocating grant funding towards the scheme, enabling us to unlock this site and develop trading units that give local businesses the opportunity to trade alongside leading nationals.”