Severnside

Harbert continues lettings at Severnside

Harbert European Real Estate Fund has secured further lettings at its Severnside Industrial Estate in Trafford Park, Manchester.

Unit 9 and 10, made up of a refurbished unit extending to 15,800 sq ft with a self-contained yard, was let to Essential Fleet Services, whilst Unit 15 totalling 10,500 sq ft was let to SSH Property Investments.

The above are the latest in a series of deals at Severnside, with close to 100,000 sq ft being let on the estate in the last 12 months including 22,000 sq ft to Palletower and 19,000 sq ft to City Air Express.

Paul Thorne from agent B8 Real Estate, said: “These latest lettings follow a substantial refurbishment program undertaken by Harbert European Real Estate Fund III and highlight the continuing occupier demand for good quality accommodation such as is available at Severnside. With only three units still available, one of which is under offer, we expect to have the estate fully let by the end of the year.”

Other businesses on the estate include Wolseley Pipe Center, Brenntag, and ERS Medical Express amongst others.

The three remaining units on the estate range from 5,600 sq ft to 9,600 sq ft and are available at the quoting rent of £5.75/sq ft.

Severnside forms part of the wider Harbert multi-let portfolio, which provides a range of industrial units from 1,000 sq ft to 35,000 sq ft within multi-let estates such as Westbrook Park, Longwood Park, Circle South, Guinness Road Industrial Estate and the Redwing Centre.

B8 Real Estate and JLL act as joint agents at Severnside, alongside CBRE Asset Management.

Your Comments

Read our comments policy here

Subscribe to our newsletter