Business

Long-term tenants renew leases at popular Kilroot Business Park

Ryobi expanded into additional space at Kilroot Business Park last year, with the company's presence now totalling around 78,000 sq ft.

TWO long-term tenants have renewed their leases at a Co Antrim business park.

Leading component manufacturer Ryobi and Glenkrag, the largest supplier to the pets and aquatics trade in Northern Ireland, have both extended their take up at t Kilroot Business Park.

A tenant since 2003, Ryobi expanded into additional space last year, with the company's presence at the park now totalling around 78,000 sq ft.

Glenkrag has also renewed its two-unit lease, totalling over 68,000sq ft. of industrial space, for another fifteen years.

Jointly marketed by commercial property agents Lisney along with McConnell Chartered Surveyors on behalf of London-based Canmoor, Kilroot Business Park is also home to Amazon and FedEx.

Andrew Gawley, director at Lisney, said the Kilroot site continues to be a catalyst for economic growth in the area.

“Kilroot Business Park remains the largest unbroken, single ownership industrial estate in Northern Ireland and its high-profile clients have established it as a leading location for the distribution sector," he said.

“The improvements to local infrastructure, including the A2, have improved the ease of access into the park, and the superb location combined with low rental costs makes Kilroot Business Park a very attractive offering.”

Rory McConnell, director at McConnell Chartered Surveyors added:

“We are delighted that both Ryobi and Glenkrag are continuing to see high levels of success in Kilroot Business Park.

“Demand in the industrial sector is expected to stay strong throughout 2018, further highlighting the need for high-class facilities such as Kilroot.

“The limited space in Belfast-based industrial parks has helped to attract a portfolio of international clients, as Kilroot Business Park boasts over 60 acres of space and two development sites.”

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