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Health logistics company Movianto in 673,000sq ft warehouse take-up

Health logistics company Movianto in 673,000sq ft warehouse take-up

Movianto, the health logistics business, is to take 673,000 sq ft in two properties as it re-thinks its North West property needs.

Movianto will relocate from its existing premises in Knowsley to a new 373,000 sq ft unit at Haydock Green, St Helens,. Thjey have agreed a 15 year lease and will create at least 200 new jobs for the local area.  Movianto has also agreed a new lease at Industrial North Wests’ speculative industrial scheme, Titan Knowsley, where it will take a further 300,000 sq ft.

Haydock Green is a £62 million industrial scheme totalling 500,000 sq ft on a 27 acre site close to junction 23 of the M6 motorway and East Lancs Road.  Industrial North West is also at work on a 125,000 sq ft speculative unit on the site which will be ready for occupation in June 2019.  B8 Real Estate has been retained as the sole letting agents.  The quoting rent is £6.50 per sq ft.

Titan is a £35 million industrial and manufacturing scheme fronting the A580 East Lancs Road and is currently undergoing £12 million refurbishment.  This will provide 505,000 sq ft of fully refurbished space with a planning yet to be submitted for a further 165,000 sq ft of new build space.  B8 and Mason Owen are the joint letting agents.

Jon Thorne of B8 who advised on both transactions adds: “The Haydock Green letting to Movianto represent the North West’s largest industrial letting this year and shows the strength of the market with planning only having been secured on the site less than 12 months ago.  Haydock Green will be one of the most high profile sites in the region and we already have strong interest in the speculative unit.  Titan will provide the best second-hand space of its type in the region and we are really excited to see the completion of the building’s transformation.  We already have strong interest in the balance of the space so hope to announce further lettings in due course.”

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