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  • Langtree sets cautious growth path in �testing� economy

    Property company, Newton-le-Willows based Langtree, has set out a path for cautious growth as economic uncertainties continue to dampen demand and depress rental values for commercial property in the UK.

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  • Langtree welcomes another tenant to Mere Grange

    Langtree has announced a further deal for its prestigious self-contained offices at Mere Grange in St Helens.

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  • Restoration of Liverpool�s Festival Gardens about to begin!

    The �3.7m restoration of Liverpool�s International Garden Festival site is finally set to begin almost 26 years after the event first opened to the public.

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  • Century Park Networkcentre on a roll

    In the current property market downturn Century Park Networkcentre based in Rotherham is experiencing an influx of new tenants with six deals recently completing and more in the pipeline.

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  • Centrix continues to thrive

    Langtree has recently seen a purple patch of deals at its prestigious serviced offices at centrix@newton in Newton-le-Willows, announcing six new lettings.

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  • Vector 31 Phase 2 has a full house

    Langtree has signed up another two occupiers for over 31,500 sq ft of industrial/warehouse space at the second phase of its Vector 31 in Rotherham.

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  • Langtree announces latest deal at Alchemy

    A Merseyside food distribution company has taken two new industrial units totalling over 21,000 sq ft in Knowsley following further expansion.

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  • i2 Mansfield is looking healthy

    A Mansfield-based company who are the leading independent supplier of radiology information solutions in the UK has moved to new offices in i2 Mansfield, on Oakham Business Park.

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  • Planning granted for �35 million Hodge Hill site

    Regeneration partnership PxP West Midlands has received planning permission for the first phase of a �35 million development in Hodge Hill, with the potential to create up to 500 new jobs in the area.

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  • Century Park Networkcentre opens its doors to Gerco

    A South Yorkshire-based company has relocated its regional offices to the second phase of Century Park Networkcentre in Rotherham.

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  • Mere Grange open for business

    Mere Grange, the stunning business park development by Langtree, recently opened its doors for business as prospective tenants were invited to join current tenants, Lloyds Business Communications and Miller Construction, to view the site as a potential base for their operations.

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  • �25 million North East development opportunities go Onsite

    A �25m regeneration partnership between Regional Development Agency One North East and property investor and developer Langtree has been officially launched today and named Onsite North East.

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  • Network Space houses new tenants

    Network Space has announced a further two lettings at Sherwood Networkcentre, its workspace and office development in Ollerton.

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  • Planning granted for �42 million Black Country scheme

    Regeneration partnership PxP West Midlands has received outline planning permission for the �42 million Brindley Village II scheme in North Smethwick.

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  • Double deal in Oswestry

    PxP West Midlands has announced a further two lettings at its Radford�s Field Industrial Estate in Oswestry, Shropshire.

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  • North Notts College grows in Worksop

    North Nottinghamshire College has leased additional space at Network Space�s Shireoaks Networkcentre in Worksop, Nottinghamshire.

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  • The City Works for Hatov

    Continuing the success of its The City Works site in Openshaw, Langtree has announced another occupier taking the occupancy to 93 per cent.

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  • Connecting with Liverpool City Centre

    Langtree has announced a further two deals for its prestigious self-contained offices at Connect Business Village in North Liverpool.

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  • West Moor Park see tenant expand

    Network Space�s West Moor Park Networkcentre in Doncaster has seen one of its tenants grow within the site.

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  • Mansfield Networkcentre provides Shelter

    A Nottinghamshire-based bus shelter maintenance company has leased new space in Mansfield.

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  • High Carr Business Park announces its latest letting

    A national flooring company has leased new space in Newcastle-under-Lyme following further business expansion.

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  • New occupier for Langtree's Mere Grange

    Langtree has signed up Lloyds Business Communications Limited for nearly 3,500 sq ft of office space at Mere Grange in St Helens.

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  • Premier letting at 40 Springardens

    Langtree has secured a new tenant at its Grade A office scheme, 40 Springardens in Manchester city centre.

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  • Mere Grange secures first letting

    Following a recent high profile launch Langtree has secured the first letting for its prestigious new business park in St Helens, Mere Grange.

    read more
  • International vacuum company takes Moira base

    International vacuum pump company Oerlikon Leybold Vacuums has expanded its UK arm and opened a second base...

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  • Biker business beats credit crunch

    Jarrow-based motorcycle parts and repairs business, Bill�s Motorcycles has bucked the current economic trend and experienced steady growth over the last year...

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  • Sheffield security company finds ideal growing space

    The Sheffield arm of a national security system repair company which services the UK�s leading retail giants is expanding into larger premises...

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  • Paper import company selects Sherwood for first UK base

    East Midlands entrepreneur Mark Carter is defying the economic climate by setting up a new paper product import business at Sherwood Networkcentre in Ollerton.

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  • Planning permission granted for Crown Point East Retail Park in Denton, Greater Manchester

    Planning permission granted for Crown Point East Retail Park in Denton, Greater Manchester

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  • Company named to lead business development portfolio

    Company named to lead business development portfolio

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  • St Helens Rugby Stadium is granted planning permission

    St Helens Rugby Stadium is granted planning permission

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  • Public inquiry finds in favour of �250m scheme

    Public inquiry finds in favour of �250m scheme

    read more
  • Langtree �Connects� with Liverpool

    Langtree �Connects� with Liverpool

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  • Langtree launches further phase in Wolverhampton

    Langtree launches further phase in Wolverhampton

    read more
  • Langtree launch further phase of speculative development in Rotherham

    Langtree launch further phase of speculative development in Rotherham

    read more

Press Releases

Langtree launches further phase in Wolverhampton

Date: 29th April 2008


A high profile launch to West Midlands office, industrial agents and dignitaries from across the region has recently been held to celebrate the completion of Langtree's second phase of speculative development at Mercury Business Park in Wolverhampton, South Staffordshire.

The first phase comprised of three industrial units totalling 7,990 sq m (86,000 sq ft). Two units where pre-sold to local manufacturers Arthur Hough and Henry Squire & Sons Ltd, while the third unit was sold in July 2007 to Napier Investments.

Langtree has recently completed a second phase of industrial and office accommodation totalling 7,061 sq m (76,000 sq ft). The industrial element totals 4,924 sq m (53,000 sq ft) and is contained within two units, while the office scheme, branded Element Court, totals 2,137 sq m (23,000 sq ft), and comprises of 8 self contained office buildings ranging in size from 204 to 415 sq m (2,195 to 4,467 sq ft).

Kevin Arthur, Senior Development Manager at Langtree, said: "We have ongoing confidence that demand within the West Midlands market remains extremely strong. This has been demonstrated by the number of enquiries received to date, with two buildings under offer and high interest in the remaining space.

Following the completion of the second phase, development at Mercury Business Park now totals 15,050 sq m (162,000 sq ft) on the 23-acre site. The industrial element of the development has already attracted strong interest, including a pre-let to Lockley Stainless who have purchased a 2,994 sq m (32,225 sq ft) unit, while a number of occupier enquiries are circulating for the remaining 1,944 sq m (20,930 sq ft) unit.

Mercury has been developed in partnership with Advantage West Midlands, Black Country Consortium (BCC), and the local authorities of South Staffordshire and Wolverhampton.

Steve Holland, Head of Asset Management at Advantage West Midlands, said: "Mercury Business Park offers a rare combination of unconstrained land to deliver floorspace to occupiers' requirements, in a rich natural setting.

"As landowners, we were always confident that there would be significant private sector interest in a site of this quality and Langtree has done an excellent job of taking forward this part of the development."

Charles Roach, Head of Investmentat Black Country Consortium (BCC), said: "We are very pleased to see further expansion at this site generated from occupier interest at Hilton Cross. The investment from our European Fund three years ago has generated a much higher return in terms of attracting business and jobs to the area than we ever expected. This is very good news"

To celebrate the opening, guests gathered at the site to take part in a Virtual Golf competition and the ‘Closest to the pin' winner, Richard James-Moore of Lambert Smith Hampton, won a pair of tickets to The Open Championship in July 2008 at Royal Birkdale. Councillor Robert Cope from South Staffordshire Council, unveiled a plaque to commemorate the launch of Phase 2.

Councillor Robert Cope, South Staffordshire Council, said: As a local councillor I am pleased to see the regeneration of the site attracting local manufacturing into a modern setting. This second phase, incorporating a local stainless steel stockholder and quality office accommodation, will help to create additional jobs for the benefit of the area.

Agents for Mercury are the Wolverhampton office of Bulleys and Birmingham-based King Sturge.