Specialist Stockport lender, Together, has provided a facility of £1.7 million for the second phase of the development at Leigh Commerce Park. Six companies have already announced they will relocate to the industrial park ahead of completion in the first quarter of 2020, occupying over half the … [Read more...]
News for: Commercial Property
Eamar Developments to begin refurbishment of Stockport Pyramid
A complete refurbishment of Stockport Pyramid by new owners, Eamar Developments, will commence shortly, before the building is let. Saudi investors, Eamar, agreed the purchase of the iconic Stockport landmark from the Co-Operative Bank in May this year. The company plan to let Stockport Pyramid … [Read more...]
Greater Manchester outperforming huge global cities for investment
Greater Manchester is 10th in the world for inward investment according to the latest IBM rankings and applauded at pro-manchester's annual Property and Regeneration lunch. Held at The Lowry Hotel, over 150 senior professionals attended the event featuring two expert panels focusing on the … [Read more...]
Fairhurst Estates score deal at Stockport County
Local property specialists Fairhurst Estates Chartered Surveyors have penned a new sponsorship deal with fellow Marketing Stockport member, Stockport County FC, that sees them extend their match-day support for The Hatters. The Stockport-based firm are already regulars in the corporate … [Read more...]
Kingsgate House acquired by Orbit Developments
Orbit Developments, through its investment arm North West Portfolio, has expanded its portfolio and commitment to Stockport town centre with the recent purchase of Kingsgate House. Kingsgate House, on Wellington Road North, becomes Orbit’s 13th property in Stockport and takes its ownership to … [Read more...]
Bank Chambers welcomes Stockport’s first co-working space
Grade II listed Bank Chambers opens its doors this week to Stockport’s first dedicated co-working space, ProFolk, following extensive renovation and restoration works by Hall & Co Property. Previously empty, the iconic building, built in 1868, is now home to ProFolk, created to support new … [Read more...]
Stockport Town Centre West plans step nearer approval
Stockport Council’s vision to develop Stockport Town Centre West and create a new urban ‘village’ community in the heart of the town centre is set to move forward when the final plans are presented at next Tuesday’s cabinet meeting, 12th November. The regeneration of Stockport Town Centre West … [Read more...]
Fairhurst Estates supports Newlife with charity event
Stockport based Fairhurst Estates' team embarked on a day of cake eating, raffle prize winning and fancy dress to raise money for their charity of the year Newlife, the Charity for Disabled Children. The event raised a grand total of £168 on the day which, together with our first months … [Read more...]
Palmer Capital leads deal as Stockport Asda sells for £13.9m
Palmer Capital Income Fund has led a deal to acquire the 45,000 sq ft site on Manchester Road, Stockport, at a price reflecting a net initial yield of 4.9%. As reported on Place North West, the Reddish store, which was redeveloped by Brookhouse and let to Asda in 2015, has a further 20 years … [Read more...]
WeEn Semiconductors relocate to Orbit’s Beckwith House
WeEn Semiconductors (UK) Ltd. are launching a new Stockport town centre office following a relocation from Hazel Grove. Their base, which is now in Orbit Developments’ Beckwith House, provides the company’s Research and Development team in England with their own dedicated premises. This base … [Read more...]
Gorvins judgement good news for commercial property sector
Stockport based Gorvins have good news for the commercial property sector as new judgement upholds validity of business rate mitigation schemes for empty properties. Gorvins Solicitors' clients have won a case brought by the Government in relation to a scheme for the mitigation of National … [Read more...]
MAG Property developing £30m cargo handling facility for dnata
MAG Property are developing a 145,000 sq ft brand new cargo facility for dnata, one of the world’s largest air services providers, at Manchester Airport The ‘build to suit’ premises, to be known as ‘dnata City North’ are being developed by MAG Property, the property and development arm of … [Read more...]
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