Selco Trade Centres has agreed terms for a former Carpetright warehouse in Salford in a deal brokered by Colliers International’s industrial and logistics team.
Trading as Selco Builders Warehouse, the UK’s fastest growing builders’ merchant has taken a 15-year lease at £10.17 per sq ft on the 19,671 sq ft property, with car parking on Regent Road. The landlord is Steamrock Capital.
When the trade centre opens in early 2020 it will be Selco’s fifth location in the North West, following Ardwick, Ashton-under-Lyne, Wythenshawe and Warrington.
John Sullivan. director, industrial and logistics at the Manchester office of Colliers International, said: “Finding the right site for Selco in Salford was certainly challenging, so managing to secure such a prominent location close to the city centre represented a great off-market deal for all parties.”
Stuart Doolittle, acquisitions manager at Selco Trade Centres, said: “This prominent location will already be known to many people and we’re planning something special with the signage to ensure it can’t be missed.”