Manchester Warehouse bought for £2.4million

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