Makan close to further deals at Lostock

17 Mar 2010, 10:40

Makan Investments has another two units under offer at the first phase of Lostock Office Park in Bolton, potentially taking the scheme to 60% occupied.

Two units of 3,030 sq ft are under offer to undisclosed firms at the 28,665 sq ft first phase. Quoting rents are £12.50/sq ft.

Phil Meakin, partner at joint lettings agents P3 Property Consultants, said there is interest in the three remaining units of phase one and work could begin on the 45,000 sq ft second phase as soon as the initial space is let, subject to market conditions.

Business communications supplier Digicomm BCS and Edwards Limited, leader in vacuum technology for industrial, scientific, process and R&D applications, have already taken space at the scheme, near Middlebrook on Lynstock Way.

Makan Investments, a development firm established by the locally based Cohen Chemists group, invested £3m in the project, which was also partly financed by the European Regional Development Fund.

Madison Commercial is joint agent with P3.

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