The industrial team at property consultant JLL in Manchester has let a 15,640 sq ft industrial unit at Premier Park on behalf of Lothbury Property Trust with B8RE acting as joint agent.
Lip Hing Metal Manufacturing has agreed a 10 year lease paying an annual rent of £6.50 per sq ft for Unit 2, which it will use for the storage and distribution of metal components for fire protection systems.
The business joins occupiers including the BBC, The Fragrance Shop, Indesit and The Brew Tea Company at Premier Park, which forms part of the wider Trafford Park. The letting leaves four available units ranging from 4,750 to 15,000 sq ft at Premier Park’s 200,000 sq ft modern industrial scheme.
Richard Johnson, industrial director at JLL in Manchester, said: “With over 1,400 businesses, Trafford Park is a one of the North West’s key hubs for the industrial and logistics sector.
“There is a shortage of supply of Grade A industrial/warehouse space on Trafford Park with Premier Park being the only multi-let scheme to offer 24/7 on site security. Its strong transport links, high quality accommodation and gatehouse security have made the scheme popular with occupiers. Lip Hing Metal Manufacturing needed a modern corporate looking building due to their expanding business and Premier Park was ideally suited to them. We were able to agree the lease within a matter of weeks in order to accommodate their urgent requirement.