Supply UK Hire Shops Limited has agreed a 10-year lease for 10,415 sq ft at Liverpool’s Stonebridge Business Park.
The plant hire specialists, part of Dutch group Boels Rental, will move to Unit 9 – one of four speculatively developed by owners St. Modwen in 2017.
The lease follows the sale of the 5,117 sq ft Unit 5 to Almond Catering Supplies last year.
David Nuttall, senior development manager at St. Modwen, says: “Supply UK is another excellent addition to Stonebridge Business Park and they will be moving to an extremely prominent unit fronting the A580, which will be seen by around 45,000 vehicles per day.
“We are pleased that Supply UK identified Stonebridge as the location for the next phase of its business following its acquisition by Boels N.V.”
GVA, Knight Frank and Pinsent Masons acted on behalf of St. Modwen.
Jonathan Lowe, national markets associate at GVA, adds: “We are delighted with this latest letting, which demonstrates the quality of the product developed by St. Modwen.
“The rent agreed of £6.50 per sq ft shows rental growth within Liverpool and with the encouraging interest received in the remaining two units, Stonebridge Business Park is really taking shape.”