Property Alliance Group has let a 17,000 sq ft unit at Northbank Industrial Estate in Irlam to builders and plumbers’ merchant Markovitz Group.
The depot, which will be Markovitz’ first in Greater Manchester, has been secured on a five-year lease and will be used to stock insulation and drylining materials.
It has taken a unit on the estate which features mezzanine storage, a private yard and access, level loading, and a trade counter.
The group has a further eight depots across the north of England which supply timber, roofing, cookers, bathrooms, kitchens, bedrooms, and electrical equipment
Frank Taylor, head of industrial at Alliance said: “The Northbank Industrial Estate offers Markovitz a well-established manufacturing and distribution location in the centre of the North West’s motorway network. The site will be used as a specialist depot that complements the group’s wider network across Derbyshire and Yorkshire.”
Steve Bagshaw from Markovitz added: “As a specialist branch serving the North West we had specific needs to be catered for. The unit offered a fantastic location close to all major motorway links along with a unit and large yard that we’ve been able to adapt to suit our needs.”
Both parties represented themselves on the deal.
Other deals at the site this year include a sale and leaseback of MJ Birtwistle & Co’s 33,700 sq ft warehouse to AEW for £2.5m. This was completed in May.