A historic blade manufacturer has agreed to a fifteen-year lease with developer Chancerygate on a new 22,066 sq ft facility at MerseyReach logistics park in Aintree.
Founded in 1854, Bootle-based Hardy UK designs and manufactures precision blades for the global leather industry, with their business heavily focused on exports.
Currently located on Fernhill Road in Bootle, the company is aiming to relocate to the new MerseyReach facility by August 2020 as part of an expansion plan dating back from their 2015 purchase by Sheffield knife marker, Arkote.
Commenting on the lease, 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 Chancerygate’s MerseyReach comprises of four units totalling 112,500 sq ft, while the second phase totals 90,000 sq ft. Once finished, the site on Dunnings Bridge Road will create up to 350 jobs and is estimated to have a £5.5m positive impact on the area.
Situated on a 13.5-acre site, the Aintree logistics park is strategically located on a prominent gateway route into the new Liverpool SuperPort, with fast access to the M57 and M58.
Discussing the lease, Chancerygate Development Director and head of the company’s Warrington office, 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 commercial property consultants Matthews & Goodman. CBRE and B8 Real Estate are joint agents for MerseyReach.