Four tenants sign at Stakehill

Acting on behalf of clients of CEG, joint letting agents WHR Property Consultants and Savills have secured four lettings totalling 69,000 sq ft at Stakehill Industrial Estate in Middleton.

Mansell Finishes, an off-site framing solutions company, has taken a 38,000 sq ft unit on a five-year lease having expanded from its previous premises in Middleton. Clark Telecom has relocated from North Manchester and is set to occupy a 23,000 sq ft building on the estate having agreed a 10-year lease.

Two further units of 5,000 sq ft and 3,000 sq ft have been let to Vido Digital and Powell Marketing respectively both on three year leases.

Quoting rent levels at Stakehill are £5.95/sq ft.

Simon Hampson, partner at WHR, said: “Post-Brexit, the North West industrial market has continued to perform strongly with Stakehill proving to be one of the greatest success stories of 2016. Over the last 12 months, Stakehill has attracted several new tenants and is now 98% occupied with its success hinged on the proactive management of the estate by CEG.

“Only one unit of 44,000 sq ft remains available and owing to high quality accommodation and the fact that it boasts a very large private yard means that unsurprisingly, we already have significant interest in the building.”

Aherne Property Consultants acted on behalf of Clark Telecom. All other parties were unrepresented.

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