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Bucking the trend

DEVELOPER Purple Patch and property firm Venmore are bucking the credit crunch gloom, by securing a 40% occupation of a new development in Knowsley Industrial Park.

The development is a new two storey premises comprising offices, warehouses and parking space.

Venmore partner Kevin Cockburn said: “These units are ideal for business owners looking to buy their own property as an investment, particularly as a tax beneficial Self Invested Personal Pension.

“The fact we have secured 40% occupancy demonstrates businesses still rightly recognise property as sound investment.”

Freddy Peacock, director of Purple Patch said: “This development is ideal for investors who will consider buying commercial premises to let.”