Carigiet Cowen appointed to market high grade commercial space


Joint local agent appointed to market high grade commercial space

The first of 12 individual factory units are approaching completion at Derwent Mills Commercial Park in Cockermouth, Cumbria. Two units on the £3.5 million scheme have now been erected and could be available for new companies to move into in just 6 weeks time.

With the first phase approaching completion, the developer behind the new business space, regeneration specialist Priority Sites, has jointly appointed local agent Carigiet Cowen, alongside Smeatons, to market the scheme to local and regional businesses.

Richard Percival, Director of Carigiet Cowen, comments: “We are delighted to come on board at this stage in the development. At present there is no new build commercial space of this quality available in the Cockermouth area or the wider West Cumbria region. As such we hope demand for this type of accommodation will be high among local, regional and national businesses.

“The scheme provides an excellent opportunity for companies looking to expand or simply relocate to modern, efficient premises. We are confident that we will receive a steady stream of enquiries as the construction of the scheme progresses.”

The new units have been designed to ensure they are sympathetic to the aesthetics of the local environment and incorporate a number of energy efficient features, to help businesses save energy and potentially reduce costly utility bills.

When the 50,000 sq ft scheme completes construction in March 2009, it will boast units ranging in size from 2,900 sq ft to 9,000 sq ft, suitable for a range of light manufacturing and assembly purposes. The development is set to sustain up to 100 jobs for the Cockermouth area.

Murray Carr, Area Development Manager of Priority Sites, comments: “Whilst economic times are undoubtedly hard, we are still finding a number of SMEs who are in need of new factory premises, especially in this part of the county.

“In this tough climate, businesses need flexibility, with the ability to either buy or rent the space, at affordable rates, on flexible lease periods. By offering this degree of flexibility, and a quality product, we can ensure that local companies, and the jobs they bring, will stay in the Cockermouth area.”

Priority Sites is a joint venture commercial development company owned by The Royal Bank of Scotland and the Home and Communities Agency. It develops industrial, hybrid and office premises across England in areas requiring regeneration, primarily in former coalfield areas. The developer has completed over 3.5 million sq ft of commercial development to date, and has so far invested £30 million into the North West region alone.

Previous schemes completed in the region include 55,000 sq ft of high quality office accommodation for the Nuclear Decommissioning Authority at Westlakes Science and Technology Park near Whitehaven and the now fully occupied 18,500 sq ft Andrew’s Court industrial scheme at Furness Business Park, Barrow, Carigiet Cowen were the agent in both cases.

For further information on available business space at Derwent Mills Commercial Park, please contact Richard Percival on 01228 635006 or email [email protected]