MERSEYREACH SECURES 22,000 SQ FT LETTING
A Liverpool City Region based precision blade manufacturer has taken more than 22,000 sq ft of space at MerseyReach.
Merseyreach CGI
Founded in 1854, Hardy UK designs and produces products for the global leather industry, with 95 per cent of sales being exports. In 2015, it was acquired by Arkote.
Currently located on Fernhill Road in Bootle, the company’s employees are scheduled to relocate to MerseyReach by August 2020. Hardy UK believes the new facility will increase production capacity and open employment opportunities.
The 15-year lease is on a 22,066 sq ft site, with the deal having being struck with Chancerygate.
Hardy UK managing director Peter Oxspring said: “During the 2015 takeover the board identified early on that, in order to sustain and then grow Hardy UK as the largest blade manufacturer in the leather industry, a relocation of premises would be essential.
“Having considered many options with the help of the team at Mathews & Goodman, both within the area and further afield, Chancerygate made a compelling offer and we were ultimately convinced that MerseyReach would be the right place to call home for the next phase of the development of Hardy UK.”
Phase one of MerseyReach comprises four units totalling 112,500 sq ft, with the second made up of 90,000 sq ft.
Chancerygate development director Mike Walker added: “It is excellent to welcome a long-established local business such as Hardy UK to MerseyReach. This is North Liverpool’s first new, multi-unit logistics park to be built for years.
“We are pleased to work closely with Sefton Council and other stakeholders to bring more business, jobs and other opportunities to the area.”
Hardy UK was advised on the transaction by Matthews & Goodman. CBRE and B8 Real Estate are joint agents for MerseyReach.