Guinness Road Trading Estate NEW
The 235,000 sq ft estate is part of the wider Trafford Park commercial development in Greater Manchester

Guinness Road nears fully let with 15,000 sq ft deal

Sarah Townsend

Sweets wholesaler Worldwide Confectionary is to occupy two units at Federated Hermes’ industrial park in Trafford.

Worldwide is to lease units 16 and 17 totalling 15,000 sq ft at Guinness Road Trading Estate under a 10-year lease, in the deal brokered by agency JLL.

Together with recent expansions and lease renewals, the 235,000 sq ft estate, which is part of Trafford Park, has only one empty unit remaining.

Existing tenant KBF Enterprises, a supplements and sports nutrition products supplier, last year signed to renew its lease on units 3 and 4 totalling almost 20,000 sq ft, while Gottlieb Packaging Materials, has renewed its occupancy of the 7,800 sq ft Unit 12 on a three-year lease.

John Whitehurst, surveyor in JLL North West’s industrial and logistics team, said: “[These deals] highlight the strength of occupier demand at Trafford Park for good quality units, and reinforces the continued growth of the industrial and logistics sector.

“The current supply shortage and limited development pipeline will keep vacancy rates low and increase rental levels, so we’re confident in the continued success of the industry as we move out of the pandemic.”

The final remaining unit at Guinness Road is currently undergoing refurbishment, he added, “and we have no doubt that occupier interest will be high once it is brought to the market.”

The wider Trafford Park houses around 1,330 businesses, including Kellogg’s, L’Oréal, Manchester United FC, Peel Group and Procter & Gamble.

Fund manager and owner of Guinness Road Trading Estate, Federated Hermes, is advised by its retained agents JLL and Williams Sillitoe.

 

Your Comments

Read our comments policy here