Property and asset management company, FI Real Estate Management (FIREM), has released details about the second phase of the refurbishment works programme at Astmoor Industrial Estate, on Brindley Road in Runcorn.
Following the recent completion of its Phase 1 works, FIREM has now appointed Skyline Contractors to undertake Phase 2 of the programme, totalling £650,000 and is expected to complete by May 2019.
Phase 2 consists of significant external, internal and structural work including fitting external over-cladding, new roofing, and groundworks to create an open parking and loading area. It will see units 79-80 combined to create a total of 25,344 sq. ft (2,354 sq. m) manufacturing/warehouse space with planning for B1, B2 & B8 uses. To meet demand for smaller space, unit 81 will be split to create a 6,366 sq. ft (591 sq. m) and a 3,106 sq. ft (288 sq. m) unit.
Internally, the warehouse will now offer three-phase electric, with motion sensor LED lighting, electronically operated roller shutter doors and new painted concrete floors. Bespoke fit-out is also available for end users.
This investment comes as Halton Borough Council is looking to transform the estate and increase connectivity with the Mersey Gateway, making Astmoor Industrial Estate a strategic business location. With architects BDP preparing a five-year Masterplan to guide the estate’s regeneration, FIREM is working with the council to see where it can develop within this and is progressing initial concept designs.
A spokesperson for FI Real Estate Management, commented: “During the last year there has been an exciting increase in activity with enhanced connectivity from the Merseyflow Bridge. We have seen demand rise for quality industrial space, leading to our significant investment in the estate. As we’ve experienced here at Astmoor, and elsewhere, refurbishment of well located industrial space stimulates longer-term lease commitments and helps to attract wider investment to an area. We are excited about the forthcoming plans and share the council’s vision for the estate’s potential.”