Fully Let at Premier Park, Trafford Park

Lothbury Asset Management are celebrating a succession of recent lettings at Premier Park, Trafford Park.

A total of 39,130 sq ft has been let over 4 separate lettings resulting in the scheme now being fully let.

Iceland Foods have taken the lease on Unit 3 extending to 15,630 sq ft; online fashion retailer Maniere Du Voir have taken 11,150 sq ft at Unit 7; graphic design company Creation 360 have taken 7,656 sq ft at Unit 1 and finally Cableglands have taken Unit 16 extending to 4,724 sq ft.

All the above lettings were agreed on a minimum 5 year lease term with a new headline rent of £7.00 per sq ft being achieved.

Built in 2008, Premier Park is a fully enclosed estate comprising 20 self-contained units benefitting from 24/7 onsite security and CCTV. Existing high-profile occupiers on the estate include The BBC, The Fragrance Shop and Indesit.

Paul Thorne of B8 Real Estate said, “As Trafford Park’s most modern multi-let estate, Premier Park is one of the few schemes able to satisfy occupier demand for high quality Grade A industrial accommodation. These lettings highlight the continued SME occupier demand in Trafford Park which in turn has resulted in low voids rates and record rental levels being achieved.”

B8 Real Estate and JLL are joint agents acting in conjunction with Lothbury Investment Management.