Caddick to Develop Triumph Business Park Industrial Scheme
Caddick Construction has been appointed by Network Space Developments to deliver the recently approved 138,000 square feet Spitfire Court industrial scheme, part of the Triumph Business Park in Speke. Work is now started on site. Network Space Developments is bringing forward the GBP 15 million speculative scheme on behalf of Infrared Capital Partners Ltd. The development plot is currently vacant land to the south-west corner of the Park and the scheme will bring 12 Grade A industrial units to market, taking the total Park footprint to almost 1million sq. ft.
The proposed units range in size from 3,000 square feet up to 34,000 square feet Six larger warehouse units include ancillary first floor offices, designated parking spaces, generous service yards and loading door access. One sub-divided terraced unit houses a further six smaller business units.
Spitfire Court will meet BREEAM Very Good standards and will be zero carbon ready, allowing for easy adoption of future renewable energy technologies.
The wider Triumph Business Park site is a major storage, distribution and commercial hub, with 24-hour access, security lodge and entrance barrier. It’s strategically located less than one mile from Liverpool John Lennon Airport, with Liverpool South Parkway transport interchange 1 mile to the north for destinations across Merseyside with links to Birmingham and London Euston.
Triumph Business Park was originally acquired by InfraRed in 2019, for GBP 30 million from an undisclosed vendor.
Architects for the scheme are AEW Architects. CBRE and B8 are appointed as agents with NSM providing asset management services across the Park.