Hilti puts 90,000 sq ft of assets on market
The construction products manufacturer wants to sell its 31,500 sq ft Trafford Wharf Road headquarters tipped to house almost 500 homes, and a 60,000 sq ft warehouse at Bredbury Park.
Hilti has appointed agency Colliers International to sell its Trafford headquarters after signing to occupy 42,000 sq ft at developer Bruntwood’s Circle Square on Oxford Road in Manchester earlier this year.
As well as the main office building, the Trafford headquarters includes a 250-space car park.
The 2.2-acre site presents an “excellent redevelopment opportunity”, Colliers director Mike Brassington said.
The Trafford site would be suitable for a residential development of up to 486 units, according to a planning report prepared by Colliers and AHR Architects.
Brassington added: “The area has seen significant investment and development recently to create a highly desirable residential, leisure and commercial destination, and we believe the site could yield significant value if redeveloped for residential use.”
Hilti is also looking to dispose of its 60,000 sq ft warehouse at Bredbury Park Industrial Estate outside Stockport. The firm is to vacate the unit when it relocates to a 103,000 sq ft shed at Carrington Gateway.
Hilti’s new Carrington Gateway home
Great move on their part – the site is in a prime position for redevelopment as housing. I expect a lot more sites on the Trafford side of the Quays to come forward over the next few years.
By Bradford
I wonder if the desire to move into the town centre has been changed by Covid?
By TJL
If I worked at Hilti, I would be so much happier in the new Circle Square Oxford Road than this area in Trafford. The city centre is a far more suitable place for working and there will be a wealth of things for the staff to do in their lunch break or after work. Fantastic move.
By EOD