TAYLOR Business Park near Culcheth, Warrington, is up for sale.
The management have come to the decision that it’s time to look for a buyer for the site and reinvest the equity in newer, more diverse properties to vary their portfolio.
MD Paul Taylor said: “It was a hard decision to come to but we have decided to look for a buyer that can invest in the site and its old buildings so that it can improve and continue to attract new tenants in the future.
“We’ve always seen it as a jewel in the crown here in Warrington. It looks great, it’s secure and it stays pretty full but we don’t have the access to funds that some bigger organisations do and in twenty years or so some of these buildings will be coming to the end of their lifetime. A larger organisation would have the ability to wait until a tenant leaves an older property and then demolish it and build something newer in its place that would attract higher rents.”
“I always thought the biggest challenge I’d face managing the park would be HS2 but now that has bypassed us we’re facing a new challenge. Although it was a hard decision to make we do feel it’s the right one for our tenants and for the company itself.
“We will be remaining in our office on the business park and will be looking for properties to invest in, and start writing a new chapter in the history of the site and family which started with fish and chip shops, slipper factories, silencer factories and F. Taylor and Sons that made the Taylor Jumbo Crane before we ended up where we are today.”
Paul added: “We’ll still be sticking to what we do best, commercial property, and our focus will still be on Warrington, Cheshire and the North West.
Located near to Warrington’s commercial centre, only 2 miles from the M62 and M6, and just over 20 miles from Manchester Airport, it offers businesses modern office space to rent in a rural country location with free car parking and on-site security.
A number of potential buyers have already expressed an interest.