A newly-developed North West industrial estate has been put up for sale at an asking price of over £21m.
Artis Park in Winsford is the first new-build multi-let estate of its size in the region to come on to the market for several years. It is being offered for sale by B8 Real Estate on behalf of joint venture partners, Maple Grove Developments and Kier Property Developments.
Situated on a 6.7-acre site within Winsford Industrial Estate, Artis Park consists of 13 units comprising almost 124,500 sq ft of floorspace. The first phase of the development – consisting of ten units – opened in November 2020, while the remaining three units completed in February this year and are already fully let. Tenants include Toolstation, Screwfix, City Plumbing, British Red Cross, Ross Care and Gemco.
Winsford Industrial Estate is the UK’s first Green Business Park and was also the first estate in the UK to become a Business Improvement District. Artis Park fronts on to the main road through the estate, around a mile from Winsford town centre and within five miles of the M6.
Simon Wood, who heads the investment team at B8 Real Estate, said: “Despite being completed for only a short time, Artis Park has proved very popular with not only trade but also national and regional occupiers. Winsford is continually growing in importance as an industrial location and has been attracting a lot of development and investment activity, partly because of the huge lack of supply in surrounding areas but also because of the expanding occupier base within the estate and the wider Cheshire belt. This is a rare opportunity to buy a brand new, high quality North West industrial and trade counter development and we expect it to attract strong interest from investors.”