Leading Bakery Supplier Relocates to Trafford Park

22 November 2018

Leading Bakery Supplier Relocates to Trafford Park

CBRE Global Investors have let 23,222 sq ft at Europa Way, Trafford Park to food manufacturer Kluman & Balter Limited on a new 10 year lease at the headline rent of £6.50 per sq ft.

The unit had undergone a comprehensive refurbishment programme and will be used for the manufacture and production of baking ingredients.

Kluman & Balter were recently acquired by the global chemical distributor, Brenntag as part of their growth into the UK food distribution market.

Commenting on the deal, Paul Thorne of B8RE said “The comprehensive refurbishment and improvement of the asset enabled us to secure a high-profile occupier looking for a food grade quality unit. The minimal void period and the 30% uplift against the previous rent further demonstrates the benefit of undertaking a high standard refurbishment. “

Europa Way comprises three detached industrial warehouse buildings owned by CBRE Global Investors and following this latest letting the estate is now fully let.

B8 Real Estate acted as sole letting agents whilst Gerald Eve represented Kluman & Balter

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