Heywood Distribution Park

Agency

Heywood Distribution Park

Property description

  • A major multi-let industrial/distribution park located in North Manchester close to the M62/M66 motorways.
  • B8 Real Estate advised Canmoor/Harbert on the acquisition of the asset from SEGRO and were subsequently appointed as letting agents for the estate which at the time had a void rate of circa 30%.
  • We implemented a marketing strategy for the estate as well as advising on a refurbishment/development plan and over a 2½ year period have secured new lettings to reduce the void rate by around half.
  • The success of lettings on estate has now resulted in B8 advising on the speculative development of two new buildings of 67,500 sq ft and 145,000 sq ft on site.
Client
Canmoor / Harbert
Size
2,000 sq ft – 500,000 sq ft
Type
Multi-let industrial/distribution park