B8 Real Estate Disposes of Trafford Park Warehouse

B8 Real Estate have sold a 55,000 sq ft self-contained warehouse on Mellors Road, Trafford Park to Manchester based dairy operator, Creamline Dairies. 

The facility was previously used by Bergen Transport but has been purchased by Creamline for a price believed to be close to the £1.5m asking price as part of Creamline Dairies expansion plans in the area.

Jon Thorne of B8 Real Estate acted for the vendor, said:

“In bringing this site to the market we offered a rare opportunity for an owner occupier to purchase a substantial industrial facility in the Trafford Park area and we therefore attracted a lot of interest from both existing Trafford Park occupiers and from companies out of the area looking to establish an industrial base in Manchester.

“The strong interest we had shows that even for older second-hand industrial properties there is strong demand which is a sign of occupiers having more confidence as we are coming out of recession and also the lack of supply of alternative buildings available in the market.”

Manchester agent, Ridley Thaw acted for Creamline Dairies.

Irlam Trafford Park - B8RE

B8 Real Estate Instructed on Modern Industrial Units at Irlam and Trafford Park

Industrial property specialists, B8 Real Estate, have been instructed on two modern industrial estates at Irlam and Trafford Park by UK leading industrial warehouse developer and property company, Chancerygate.

At Irlam Business Centre there are 9 modern units available ranging in size from 2,000 – 4,000 sq ft to lease or purchase. At Trafford Park there is a single unit available of 2,500 sq ft on Ordinal Street within the Trafford Park Business Village.

Jon Thorne of B8 Real Estate commented:

“Occupier demand for smaller units has started to improve as the economy recovers and we are seeing more starter companies and smaller businesses having the means and confidence to grow and expand into larger units or take their first step in renting a unit.

“Specifically on the Irlam Estate we currently have five of the available units ‘under offer’ with interest in the remaining four. This strong demand and the lack of new or modern units available in the market demonstrate the forthcoming need for new development schemes in the region.”

Knight Frank are working as joint agents with B8 Real Estate on both the instructions.

Moorgate Point - B8RE

Guernsey-Based Jolivet Group Disposes of Large Knowsley Warehouse

Jolivet, the landlord of the Moorgate Point industrial facility in Knowsley have completed two large warehouse lettings.

The deal for previous tenant, Kammac, will re-occupy the building and relocate their HQ to the site taking 143,000 sq ft including 5,000 sq ft of offices whilst St Helens based third party logistics operator, K&A Logistics have taken 200,000 sq ft to undertake a storage contract for Dunhelm Mill.

Simon Storer from Jolivet Properties commented:

“We were pleased to welcome back Kammac as a tenant to the site as well as a new occupier in K&A Logistics. As a keen property investor in the North West industrial market we were initially nervous after being faced with 340,000 sq ft void on the site in May 2014 but the fact that our agents, B8 Real Estate and Littler Associates, have been able to re-let the space within a 5 month period it shows the strength of the occupier market.

“We were pleased to achieve rents close to £2.50 per sq ft on second-hand space that is racked and fully fitted out for occupiers to utilise immediately”.

Jolivet are believed to be actively looking for more industrial opportunities in the region to add to their portfolio.

B8 Real Estate and Littler Associates acted for the landlord.

B8 Real Estate Sells Former Manufacturing Facility in Aintree

Industrial property specialists, B8 Real Estate, have sold the former Mayr Melnhof Packaging manufacturing facility on Dunnings Bridge Road in Aintree to cooking oil manufacturer KTC Edibles. 

The property comprises 165,000 sq ft industrial facility on 9 acres situated next to the Switch Retail Leisure Park, behind Allied Bakeries and close to the switch island M57/M58 interchange.

The site was closed by Mayr Melnhof Packaging in late 2012 and was purchased earlier this year by Midlands based KTC Edibles who are going to use the building as part of their expansion operations from their existing Liverpool base on the Port of Liverpool.

The sale price was believed to be close to the £1.5m asking price and it is hoped that with KTC Edibles taking over the site for operational purposes, there will be a number of new jobs created in the area.

Jon Thorne of B8 Real Estate, acting for Mayr Melnhof on the disposal, said:

“Whilst the main focus of the industrial property market in north Liverpool has been on logistics with L2 and the growth at the Port of Liverpool, it is also nice to see that UK companies are also investing in the region for manufacturing uses. It is a good sign for the local economy and property market that companies are looking to expand their operations and invest in Merseyside area as it is still seen as an attractive place to do business in the industrial sector”.

Birmingham surveyor White Rose acted for KTC Edibles.