A 1990s prime multi-let industrial Estate located on the successful Bredbury Industrial Estate in South Manchester.
The estate was acquired from Ropemaker Properties Limited for Cornerstone Real Estate advisors in October 2014 for £9.235m.
The estate provides 148,000 sq ft in nine units across three separate terraces, is ring fenced and set within attractive landscaped surroundings. The property was acquired after fierce competition from other investors and a detailed business plan has been put in place including refurbishment, lease re-gearing, letting the vacant accommodation, marketing, improving signage and general asset management.
The purchase was executed within the timescales agreed demonstrating our ability to advise on major transactions and provide the client with our detailed market knowledge in order to support a purchase of this asset.