News

Knitwear Company Pays £3.1m for Stockport Warehouse
25 September 2017 show more...

Davies Harrison, acting on behalf of Revelan, has disposed of a 76,000 sq ft refurbished warehouse facility at Discovery Park in Stockport, to Rowlinson Knitwear for £3.1m.

The vacant building was bought as part of Rowlinson’s future expansion strategy.  BC Real Estate represented the purchaser.

Rick Davies of Davies Harrison said: “This building was the final phase of Discovery Park, which was acquired by Revelan on a speculative basis and subsequently undertook a comprehensive refurbishment of the entire Park. Phase one – totalling 34,000 sq ft of warehouse space – was sold to Indupart at the beginning of the year, prior to completion of the refurbishment works.

“Revelan’s investment in Discovery Park has resulted in an immediate increase in interest from prospective occupiers at a time when there is a real shortage of good quality stock – particularly in Stockport.”

Discovery Park is located off Crossley Road, close to its junction with the A6. Access to the regional motorway network is via J1, J26 and J27 of the M60 motorway approximately two miles away.

Gary Chapman of BC Real Estate said: “This was a challenging acquisition given the lack of quality stock in this location and our client is employee owned so was extremely location specific. We are therefore pleased to have acquired Discovery Park, which was essential for the next phase of Rowlinson’s development as a business.”

JLL and Young & Co were the joint letting agents.

Source: Place North West

Manchester Warehouse bought for £2.4million
23 March 2017 show more...

A warehouse in Manchester has been snapped up for £2.4m.

Inspection equipment manufacturer Elcometer, which already occupies the adjacent site, has acquired the 50,361 unit as part of its expansion strategy.

Acting on behalf of IDL, Davies Harrison disposed of the Ashton New Road property.

Rick Davies, partner at Davies Harrison, said: “There was considerable interest for this property mainly due to the limited availability of similar freehold properties within the region.

“We have seen strong occupational demand for freehold and leasehold properties since the beginning of the new year, which is very encouraging for the North West market as a whole.”

Source: Insider Media

Industrial agency expands with surveyor hire
3 March 2017 show more...

Independent property consultancy Davies Harrison has appointed Harry Fullerton as surveyor, taking the total number of staff to seven.

Based in Manchester, Davies Harrison offers a range of agency services specialising in the industrial sector.

Fullerton previously worked in the property team at Pets At Home, prior to which he was at Lambert Smith Hampton having graduated from Sheffield Hallam University.

Rick Davies, partner at Davies Harrison, said: “Harry is a great addition to our team. The North West industrial market is very strong at the moment and we have a number of exciting and challenging deals that we are currently working on.”

Source: Place North West

Pin Property … Raising the roof in Rochdale
21 October 2016 show more...

Pin Property this week celebrated literally “raising the roof” in Rochdale at a VIP launch designed to showcase the company’s latest development. The former Woolworths distribution centre in Royle Barn Rd Rochdale measures 270,000 sq ft and sits on a site total of 17.5 acres. This local landmark building had been left to fall into a dilapidated state by previous owners. Renamed the Big W by Pin, the warehouse has now been totally transformed by a redevelopment that has involved stripping away the original asbestos roof, fitting steel column extensions to raise the height from 8m to 12.5m, and then installing a new composite roof. New cladding means that that building looks like a new build both externally and internally.

Further enhancement works have included:

– 17 dock levellers
– 6 drive in doors
– New 50kn/m2 floor loading
– High specification offices with LED lighting
– Parking for 47 HGVs
– New canopy

Pin are pleased to announce that the building was sold prior to completion to local company Tetrosyl, producer of car polish brand “T Cut”. Tetrosyl is a major employer that will bring many new jobs to the area. Pin Chairman Iftikhar Majid commented “This raising of the roof in Rochdale is the largest of its kind in the UK and we wanted to show the Manchester property community what we are now able to achieve with our skill set. We have delivered on time and within budget a fantastic distribution facility to Tetrosyl that will serve them for many years in the future”.

Industrial Agencies WHR and Davies Harrison acted for Pin. Manchester Law firm Kuits advised on the freehold sale.

Source: Commercial News Media

One S:Park unit remains after £820,000 Coffee Nest deal
25 May 2016 show more...

Coffee Nest Ltd has acquired a 9,441 sq ft industrial unit at Stockport’s S:Park after completing an £820,000 deal.

The firm, which has taken Unit 15 at Chancerygate’s development, will join fellow occupiers including Chinese electrics firm CHINT, Jaguar Land Rover and Big Yellow Self Storage.

Following the sale, just one 9,323 sq ft unit remains available at the site, which is adjacent to the M60. Andrew Lyn, director of industrial and logistics at JLL, which is joint agent for S:Park alongside Davies Harrison, says: “Well designed schemes in the North West are benefiting from the significant demand from native and new occupiers to the region looking to connect to the region’s well-established logistics industry.”

Mike Walker of Chancerygate adds: “We have strong interest in the remaining unit and expect to announce a sale shortly. This success further reinforces our commitment to speculative development.”

Source: Move Commercial

Chancerygate sells 28,000 sq ft of space at Stockport’s S:Park
10 November 2015 show more...

Developer Chancerygate has sold eight units at the S:Park industrial development in Stockport, bringing the site’s total occupancy to 85%.

The deals include the sale of an 11,808 sq ft unit to care hire business AMT Vehicle Rental and several others, ranging from 1,788 sq ft and 3,787 sq ft, to a number of businesses, including label supplier Phoenix Labels and commercial LED firm Tagra Lighting.

In total, the eight units comprise around 28,000 sq ft.

Chancerygate’s development director in Manchester, Mike Walker, said: “We were the first developer to undertake a speculative development of this type in the North West in the current cycle and these deals demonstrate it was the right decision.

“We have provided space that is suited to the needs of modern businesses. We are actively looking for further sites across the North and North West to keep this momentum going.“

Industrial teams at professional services firm JLL and chartered surveyors Davies Harrison, which are joint agents of the development, secured the deals on behalf of Chancerygate.

JLL director Andrew Lynn commented: “With very limited stock of this kind of quality industrial space available in the North West, schemes which boast a strong location like S:Park are in a great position to keep securing new occupiers.

Source BDaily

Russells on site in Trafford Park
10 November 2015 show more...

Russells Construction is speculatively developing 30,000 sq ft of industrial space on Ashburton Road West in Trafford Park.

BoxWorks will contain a 26,264 sq ft warehouse and 3,116 sq ft office.

The contractor has completed demolition of the former Trafford Park bakery and is undertaking groundworks prior to construction of the 10m-high steel-frame unit. The road-front building, designed by Cube Architecture and structural engineers Healy Consulting, will be finished in contrasting tones of composite cladding, giving a contemporary look.

The scheme is set for completion by June 2016 and agents Davies Harrison and CBRE have been appointed to find an occupier. Russells, which owns the site situated opposite their office on one of the main routes into Trafford Park, is in negotiations with a UK investment fund over the acquisition of the unit on completion.

Director Andrew Russell said: “There has been very little in the way of this size of speculative development since before the recession, and there is limited availability of this type of good quality unit, so we are cautiously confident of its attracting an occupier prior to completion.

“Trafford Park is one of the oldest and largest industrial sites in the country and probably remains the premier industrial location within North West. The site is highly prominent with excellent links to the M60 and wider motorway network, city centre, airport and the freight rail network. It’s ideal for a local business expanding or one moving into the area who wants a prominent location.”

Agent Rick Davies of Davies Harrison added: “The BoxWorks is one of the most prominent new warehouse facilities in Trafford Park. It will be ideal as a headquarters building and is suitable for distribution, manufacturing or even as a quasi trade counter purpose, due to its position.

“There has been a lack of good quality warehouse accommodation built in Trafford Park in the last few years and there is a healthy level of demand. We feel confident that due to the quality specification and its prominence that it will attract strong interest from local and national occupiers.”

- See more at: http://www.placenorthwest.co.uk/news/112851/#utm_source=Place+North+West&utm_campaign=Place_Daily_Briefing__Tuesday__2015-11-10&utm_medium=email

Union Square,Trafford Park Progress Update
22 July 2015 show more...

Union Square, Trafford Park is now Under Construction! Marshall Construction is now on site with construction under way for the 175,000 sq ft Industrial / Warehouse speculative development on behalf of our clients M & G Real Estate. Occupation available December 2015. Follow the link for progress time-lapse video of construction click here: http://unionsquare-traffordpark.co.uk/time-lapse-video/

Davies Harrison Eagle Eyed In Trafford Park
10 January 2015 show more...

Acting on behalf of DTZ Investors, Davies Harrison has secured a new tenant at Ashburton Point in Trafford Park having let an 11,053 sq ft self contained modern warehouse to Dennis Eagle Limited. The company, which manufactures and maintains refuse collection vehicles, has agreed a 10 year lease at £5.75 per sq ft.

Ashburton Point is a highly prestigious industrial estates situated in the heart of Trafford Park. It is also home to MC Construction, Amey Plc, Gate Gourmet, United Utilities and National Widnscreens.

Simon Foden of Davies Harrison comments: “This letting highlights the continued demand for good quality modern units in Trafford Park. We now have only two warehouses – of 7,000 sq ft and 13,000 sq ft – remaining on Ashburton Point with strong interest from potential occupiers in both. As one of the most sought after industrial estates in the area, Ashburton Point has proven to be one of Trafford Park’s most successful schemes.”

Davies Harrison and Savills are the joint letting agents on Ashburton Point. Dennis Eagle were represented by ART Surveyors.

Davies Harrison Disposes Of Industrial Unit In Sharston
20 August 2014 show more...

Acting on behalf of Johnson Control Systems, Davies Harrison has disposed of a one acre site, which includes an 18,336 sq ft to Travis Perkins Plc for an undisclosed sum. The site, which is situated on Leestone Road in Sharston, was part of the Remploy portfolio that Davies Harrison was instructed as sole agents to market. The portfolio comprises nine properties throughout the North West.

Travis Perkins plans to redevelop the site to create a new depot as part of its expanding portfolio.

Simon Foden of Davies Harrison comments: “We received strong interest for this property, with the majority of interest from local occupiers within Sharston and the surrounding area that are keen to remain in the area. This is due to its strategic location with its excellent motorway network connections and proximity to Manchester Airport. Opportunities such as this to purchase in the area are scarce.”

CP Property Consultants acted on behalf of Travis Perkins Plc.

Units 7, 8 & 9, Washington Centre, Broadway, Salford Quays
28 July 2014 show more...

Davies Harrison has set a new record rental level for the North West industrial market having agreed a 10 year lease at £8.50 per sq ft for a 23,421 sq ft warehouse in Salford Quays. Acting on behalf of Senegal Limited, Davies Harrison has agreed a letting with Flix Facilities for three adjoining units at the Washington Centre on Broadway, Salford Quays.

Simon Foden of Davies Harrison comments: “This was a fantastic deal for all involved and highlights the impact that Media City UK has made to Salford Quays with the demand for media based companies to have presence in and around this constantly evolving area.’’

Davies Harrison Secures New Occupier At Naysmyth Business Park, Eccles
12 July 2014 show more...

Pod-Trak Limited has expanded its presence at Naysmyth Business Park in Eccles having agreed a deal with Davies Harrison to take an 10,707 sq ft warehouse on a five year lease. Acting on behalf of Casserley Property Management, Davies Harrison agreed a rental of £5.50 per annum.

Davies Harrison were the joint agents together with Lambert Smith Hampton.

Davies Harrison Disposes Of Warehouse On Northbank Industrial Estate, Irlam
6 May 2014 show more...

Acting on behalf of CM Wines, Davies Harrison has let a 4,120 sq ft unit on Excalibur Way on the Northbank Industrial Estate in Irlam. Dean Group International Limited, which is already in situ on the Estate, has agreed a four year lease for the property at £5.33 per sq ft as part of its expansion plan.

Simon Foden of Davies Harrison comments: “Irlam – in particular Northbank – has always been a popular location attracting regular interest from occupiers who want to have good access to both Manchester and Warrington area. This letting highlights the success of the Estate with occupier expansion and wanting to maintain their presence there.”

Davies Harrison Secures Letting In Trafford Park To Manufacturer
20 January 2014 show more...

Leading independent industrial property consultancy, Davies Harrison has let a 17,072 sq ft manufacturing unit in Trafford Park to B&H Moulding Limited. Acting on behalf of private individual, Davies Harrison agreed a lease deal for the single storey building, which is situated on Lyons Road.

B&H has relocated from its previous premises in Eccles, which is due to be redeveloped.

Simon Foden of Davies Harrison comments “This letting highlights that there is still demand for manufacturing space within Trafford Park despite the majority of occupier enquiries now tending to come from the logistics and distribution sectors. The unit also benefited from an overhead cranage that spanned the length of the unit, that are increasingly difficult to find in buildings on Trafford Park.”

Hack as for lovers as for Musically
12 January 2014 show more...

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Mercury Park, Unit 4, Trafford Park
10 December 2013 show more...

Davies Harrison has Let 7,750 sq ft. Hybrid warehouse and office unit on Mercury Park, Trafford Park on a 10 year term at a rent of £5.50 p/sq ft to previously Rochdale based Wedi Systems UK who form the UK branch for their German based Parent company Wedi GMBH.

Simon Foden of Davies Harrison commented, ‘’This letting highlights the continued strength of the demand from occupiers to be in Trafford Park’’

Unit 1 Quest Park, Moss Hall Road, Pilworth
24 July 2012 show more...

On behalf of retained clients Hallmark Pension Trustees, Davies Harrison completed the acquisition and subsequent letting of Unit 1 Quest Park.

The premises comprise a 4,300 sq ft unit on a site of approximately 1 acre. 

John Harrison comments “This is a great deal for our client in what continues to be difficult times.  We managed to agree the purchase from the Receivers and then agree a pre-let prior to completion of the purchase to a highly regarded and growing tool hire company in Eagle Plant Hire”.

Units 1, 2 & 3 Downing Street, Ardwick, Manchester M12 6HH
24 July 2012 show more...

On behalf of clients AXA Investment Management, Davies Harrison has let 31,656 sq ft to Speedy Hire plc at Downing Street, Ardwick, Manchester.

This latest letting now means the estate is fully let again.

John Harrison comments “This is an excellent deal for both the tenant and the landlord.  It also highlights that well located estates still attract high quality tenants”.

Davies Harrison Takes Flight in Oldham
20 July 2012 show more...

Acting on behalf of AarhusKarlshamn UK Limited, Davies Harrison has sold a 58,000 sq ft manufacturing facility on Falcon Street in Oldham.  The unit, which is situated on a 2.75 acre site, was acquired by local Oldham based manufacturer, Recon Packaging for approximately £1 million.

Rick Davies of Davies Harrison comments: “We were encouraged by the level of interest that we received for the property, which came mainly from local manufacturers and traders. It demonstrates that there is healthy demand for commercial property within the Oldham area”.

Due to the amount of interest received the property was sold by way of a best bids scenario.

The Eagle Has Landed in Warrington
15 April 2011 show more...

Unit 5 Eagle Park, Hawleys Lane, Warrington WA2 8JA

Davies Harrison has secured an 18,664 sq ft letting at Canmoor’s Eagle Park in Warrington having agreed a five year lease with new occupiers, Primeline Distribution. The quoting rental level for the warehouse was £5.25 per sq ft.

The high quality modern warehouse is situated within the well established Eagle Park development, which is located close to Junction 9 of the M62 and within a few minutes of Alban Retail Park.

Rick Davies, Partner at Davies Harrison, comments: “We have been actively involved in the development and continued success of Eagle Park since it was first constructed 10 years ago and it has always attracted strong interest from local, regional and national occupiers due to its excellent location and links to the regional motorway network.”

Mr Davies continues: “Unit 9 Eagle Park which comprises 13,462 sq ft of high quality industrial accommodation has recently come to the market and is be available on a freehold or leasehold basis. We have already received strong interest in the building, which is currently being refurbished and are confident that we will complete a deal quickly.”

King Sturge is the joint letting agent.