All 19 units at Longford Trading Estate, Manchester are occupied for the first time since the recession began in 2008 in further evidence of burgeoning confidence in the industrial and logistics sector of the North West of England, according to real estate advisors Colliers International.
The latest lettings on the estate at Thomas Street, Stretford saw Nujack, Reliance Car Hire and Whitehorse Equestrian take 6,000 sq ft units respectively to leave the estate fully occupied for the first time in eight years.
Increasing confidence in the industrial and logistics sector is also reflected by rents on the estate rising significantly to levels now approaching £4.00 per sq ft.
Longford Trading Estate, strategically located on the A56, close to Manchester city centre, Trafford Park and the M60, offers 135,000 sq ft of units ranging in size from 4,000 sq ft to 17,500 sq ft. Other tenants include Wolseley UK, Mosscare Housing, Continental Textiles and Fordville.
Julien Kenny-Levick, director industrial and logistics at the North West offices of Colliers International in Manchester and Liverpool, is sole agent for Longford Trading Estate on behalf of estate manager Millfield Estates.
Julien said: “The fact that Longford is now fully let for the first time since the start of the recession is testament to the fact that occupiers of industrial units are brim full of confidence as they continue to seek cost-effective accommodation throughout the North West of England.”
