Success at Severnside Industrial Estate, Trafford Park

11 July 2017

Harbert European Real Estate Fund III has secured further lettings at their Severnside Industrial Estate in Trafford Park, Manchester.

Unit 9/10 Severnside, comprising a refurbished unit extending to 15,763 sq ft with a self-contained yard, was let to Essential Fleet Services whilst Unit 15 extending to 10,500 sq ft was let to SSH Property Investments Ltd.

The above are the latest in a series of new letting at Severnside with close to 100,000 sq ft being let on the estate in the last 12 months including 22,000 sq ft let to Palletower and 19,000 sq ft let to City Air Express.

Paul Thorne from B8 Real Estate commented “These latest lettings follow a substantial refurbishment program undertaken by Harbert European Real Estate Fund III and highlight the continuing occupier demand for good quality accommodation such as is available at Severnside. With only 3 units still available, one of which is under offer, we expect to have the estate fully let by the end of the year.”

Other businesses on the estate include Wolseley (Pipe Center), Brenntag, and ERS Medical Express amongst others.

The 3 remaining units on the estate range from 5,600 sq ft to 9,600 sq ft and are available at the quoting rent of £5.75 psf.

Severnside forms part of the wider Harbert multi-let portfolio, which provides a range of industrial units from 1,000 to 35,000 sq ft within multi-let estates such as Westbrook Park, Longwood Park, Circle South, Guinness Road Industrial Estate and the Redwing Centre.

B8 Real Estate and JLL act as joint agents on the above in conjunction with CBRE Asset Management.

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