Caton Road Business Park, Lancaster

Acting on behalf of a private client Riddelltps has out sourced finance and acquired this office/industrial business park for £10.8 million in August 2006.

• A modern mixed-use business park totalling 12,600 sq m (135,629 sq ft), of which circa 35% is office accommodation and 65% industrial accommodation.
• The Business Park provides secure rental income with excellent rental growth prospects in addition to a number of exciting asset management angles which Riddelltps have been retained to Asset Manage.
• New lettings have alreday been secured to Premierline Direct Ltd and EK Motors Ltd who have both expanded and committed themselves to the Businerss Park for a longer term.