Former printing press has 1m sq ft opportunity

A former printworks in Speke, Liverpool, could be transformed into a 1m sq ft logistics unit following its sale to GB Europe. The 627,217 sq ft facility, which sits on a 50-acre site within the Estuary Business Park, was owned by printing firm Prinovis. The firm announced in November 2022 that it was to close the factory following the loss of its contract with DMG Media. The closure meant the end of an era for gravure printing in the UK. Exact plans for what BG Europe plans to do with the site – which formally ceased operations in June last year – are still being drawn up. Darren Hill, director at CBRE, which advised Prinovis UK on the sale, said: “With buildings extending to 630,000 sq ft on a site of 50 acres, this sale represents one of the region’s largest transactions in recent years. “Due to the constrained supply of sites of this nature, this was a real market test, and the level of interest we received illustrates the continued strength of the industrial and logistics sector in the North West” GB Europe was advised by KLIPA.