Property development and investment company Glenbrook has signed up Organica UK to its newly refurbished industrial building on Dock Road, Wallasey.
Organica, which produces a wide range of biodegradable and non-hazardous cleaning products, has consolidated its operations from three buildings to one, taking the 22,505 sq ft unit on a 6.5-year lease at a rent of £95,000 per annum.
The company, which counts retailers including Marks & Spencers and Wilkinsons among its clients, has expanded to meet the increased demand from existing contracts and new contracts secured in the UK and overseas, some as a result of the Covid-19 pandemic.
Speaking about the deal, Richard Rees, investment director at Glenbrook, commented:
We are pleased to have completed this letting only a week after finishing the refurbishment works and given the backdrop of COVID-19. It really does go to show that there is still good demand for refurbished industrial units in the North West.
Legat Owen & LM6 were joint agents on the scheme,
Organica was unrepresented.
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