Lowry Mill Ext

Another 15,000 sq ft let at Swinton mill conversion

Vanguard Holdings has secured deals with IT Lab and Creditfix at its restored Lowry Mill in Swinton, Salford.

Technology support provider IT Lab has taken 10,000 sq ft, while insolvency specialist Creditfix has signed for 4,500 sq ft at the scheme.

The 1883-built former spinning mill is less than a mile from junction 16 of the M60. It was acquired by storage group Vanguard in 2008 and modernised to provide office suites and amenities including an on-site gym, conference room facilities, car parking and restaurant.

Since reopening in 2013 it has attracted tenants including Regus, Influential Products, Esay Solutions, Dataspire, and Leisurewear International. The office space is now 75% occupied and work is under way on the final phase of development, which will see 22,000 sq ft launched to the market in June.

Accommodation at the mill is set out over five floors, with floorplates of 22,000 sq ft. In total, there is 84,000 sq ft of office space.

In both lettings here, the design and fit out work on the suites was undertaken by the landlord as turnkey solutions, with the new suites being occupied within ten weeks of terms being agreed.

Cushman & Wakefield and Canning O’Neil are joint agents at Lowry Mill.

Andrew Crabtree, surveyor at Cushman & Wakefield, said: “These transactions endorse the quality of Lowry Mill and reflect both the strong demand in the location and Vanguard’s approach of creating a bespoke functional office space while retaining the attractive character of the building.”

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