Large industrial unit sold in Middleton

Published on: 26th October 2017

Associated Security Solutions Ltd, a security system supplier in Manchester, has purchased a 32,000 sq ft multi-use building in Middleton, Rochdale.

The industrial property, which is located in Greengate Industrial Estate, was sold by our Manchester corporate recovery team, acting on behalf of the administrators of Reynards (UK) Limited.

The property comprises a three bay industrial unit and a well presented two-storey office block which features high specification office accommodation including showroom and ancillary space.

Commenting on the sale, Craig Watson, agent in our Manchester office said, “The sites desirable location and high quality accommodation was reflected in the strong sale price achieved and we are delighted to have sold this property on behalf of our clients.

“We experienced significant levels of interest as demand for good quality industrial properties in the region remains high with relatively few opportunities currently coming to the market.”

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Corporate Recovery

The Corporate Recovery Department specialises in acting on behalf of lenders in recovery situations due to defaults with loan agreements. The firm has been extensively and continuously involved for several decades with recovery work on a national basis in relation to, commercial, industrial, residential, land / development, agricultural and also trading concerns. In addition to dealing with general areas of recovery which include; Repossessions, Evictions, Assisted Sales and Sale as Mortgagee, Valuation & Recommendation, various members of our firm take Law of Property Act / Fixed Charge Receivership Appointments. We have staff who are all members of the RICS Registered Property Receivers Scheme (RPR) and Fellows of The Association of Property and Fixed Charge Receivers (NARA). We act as an effective interface between lender, borrower and purchaser in providing a practical and costs effective seamless solution.   Contact Us

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The Corporate Recovery Department specialises in acting on behalf of lenders in recovery situations due to defaults with loan agreements.

The firm has been extensively and continuously involved for several decades with recovery work on a national basis in relation to, commercial, industrial, residential, land / development, agricultural and also trading concerns.

In addition to dealing with general areas of recovery which include; Repossessions, Evictions, Assisted Sales and Sale as Mortgagee, Valuation & Recommendation, various members of our firm take Law of Property Act / Fixed Charge Receivership Appointments.

We have staff who are all members of the RICS Registered Property Receivers Scheme (RPR) and Fellows of The Association of Property and Fixed Charge Receivers (NARA). We act as an effective interface between lender, borrower and purchaser in providing a practical and costs effective seamless solution.

 

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Agency - sales & lettings

Our award winning property agents provide transactional services across the UK to owners, occupiers, investors and developers. Our agency teams specialise in regions and industries around the country, providing local insight and technical knowledge that's relevant to your business, property and location. We add value by offering commercially astute advice, and alerting you to the opportunities and threats that might affect your transaction. We'll also work with our property and building consultants to advise you on planning, valuations, business rates, dilapidations, building surveys, lease and rent reviews, as well as talk to our in house architects about any fit-out requirements.   Contact Us

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Our award winning property agents provide transactional services across the UK to owners, occupiers, investors and developers.

Our agency teams specialise in regions and industries around the country, providing local insight and technical knowledge that's relevant to your business, property and location.

We add value by offering commercially astute advice, and alerting you to the opportunities and threats that might affect your transaction.

We'll also work with our property and building consultants to advise you on planning, valuations, business rates, dilapidations, building surveys, lease and rent reviews, as well as talk to our in house architects about any fit-out requirements.

 

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October Deals Update

After a busy period during the Summer months we enjoyed continued success in September with a number of deals and new instructions across our national office network. It was announced that the Peak District National Park is set to welcome its first new build hotel since the park's creation in 1951, following a landslide decision by planners for a new tourist development. Our Leeds team are marketing the development site and you can view the property listing here. 

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After a busy period during the Summer months we enjoyed continued success in September with a number of deals and new instructions across our national office network.

It was announced that the Peak District National Park is set to welcome its first new build hotel since the park's creation in 1951, following a landslide decision by planners for a new tourist development. Our Leeds team are marketing the development site and you can view the property listing here. 

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In Newcastle our agency team acted on behalf of McAleer and Rushe, alongside Steerforth Partners on an investment deal that saw the Jury’s Inn Hotel in Newcastle city centre, sold in an investment deal worth £20million

Following a raft of recent client successes we have bolstered our Newcastle team with the addition of three graduate surveyors, a trainee surveyor and an architectural assistant.

We have recently grown our holiday and caravan team with the appointment of Lee Southan, who joins us a senior surveyor. The caravan park market continues to capitalise on buoyant trading conditions with our specialist caravan and holiday park teams agreeing in excess of £40m worth of sales over the past nine months.

During September our team were instructed to sell Silver Glades Caravan Park on the Isle of Wight, this is the first time that the idyllic holiday park has been available in the last 15 years.

Our Teesside office has enjoyed a busy third quarter working with property occupiers, owners and investors across the region – click here to see what they have been upto. 

In the Leeds residential market there has been a recent increase in demand for high quality rental properties in Leeds. With plenty going on in Leeds at the moment and a raft of new properties on the market the has never been a better time to move to the city. Our residential sales and letting expert, Diana Warr, discusses the current state of the market

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