Sarah Townsend
Business services firm Rentokil Initial has agreed to lease 7,000 sq ft at the site on White Lund Industrial Park in Morecambe acquired by Property Alliance Group last April.
The developer and investor bought Northgate Business Park from OCS Group in a sale-and-leaseback deal valued at £2m. The self-contained site comprises three buildings and is adjacent to Lancaster Retail Park, close to transport links such as the A683 link road.
PAG is currently refurbishing the development to offer grade A office suites ranging from 2,500 sq ft to 19,000 sq ft, as well as two industrial units of 7,000sq ft and 26,500 sq ft.
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