Refurbished Stakehill warehouse let
Composite fencing and decorative panels supplier and distributior Charles & Ivy has snapped up Triton Property Fund’s recently refurbished 82,500 ft2 Electron warehouse on the Stakehill Industrial Estate in Manchester.
By Liza Helps, Property Editor, Logistics Matters
THE PROPERTY is one of many on the estate which is being refurbished and actively managed through asset manager IDRE. The refurbishment is part of a larger capital investment and upgrade program across Stakehill, which provides over 800,000 ft2 of industrial and logistics accommodation across 60 units. The works across the estate have focused on improving energy performance, enhancing operational efficiency, adding amenity and repositioning key assets to meet evolving occupier demand.
IDRE director Ian Murray, said: “Securing Charles & Ivy for Electron is a strong endorsement of the quality of our refurbishment program and the strategic strengths of Stakehill. This letting reflects the depth of demand we continue to see for upgraded, functional space in prime North West locations.”
Electron has an EPC B and offers 8m clear height, two dock and four level access doors as well as refurbished offices and a large yard. It has a 1.35 MVA power supply.
Charles & Ivy director jack Coe said: “Moving to Stakehill marks a major step forward for our business as we continue to scale production and distribution. Electron provides the space, specification and connectivity required to support our growth trajectory.”
Stakehill Industrial Estate offers a range of refurbished units from 2,500 – 52,065 ft2, with BOX4 Real Estate and Savills the joint marketing agents.
BOX4 Real Estate Co-Founder & Director Sam Royle, said: “Stakehill remains one of the strongest industrial locations in the North West. This letting highlights not only the quality of the offer created by the Triton Property Fund’s investment but also the continued demand for well-specified, refurbished space.”
