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Towngate Revives Iconic Lucozade Factory Site with New Industrial Development

"Towngate Business Centre is poised to become a beacon of success and a catalyst for job creation" ....

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First phase of 42-acre Cumbria industrial completes

First phase of 42-acre Cumbria industrial completes
placenorthwest.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from placenorthwest.co.uk Daily Mail and Mail on Sunday newspapers.

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Place North West | Full house at Dukinfield estate

Neil Tague
A 32,000 sq ft letting to Ego Shoes and a 19,500 sq ft expansion deal for textiles firm Turner Bianca have taken Paloma Capital’s Globe Industrial Park to fully let.
Paloma was represented jointly by Savills and Littler & Associates on the deals at the Tameside holding.
Ego Shoes agreed a 10-year lease on Unit 5B of the scheme, while Turner Bianca has signed for additional space at Unit 17 on a five-year lease on behalf of a retailer client.
Globe Industrial Park comprises a total of 560,000 sq ft across 30 acres, Globe Industrial Park is strategically located to the East of Manchester with excellent links to the motorway network. ....

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Harworth Group in £12.7m deal for former Golden Wonder food factory site

Submitting.
It is located on Everite Road, Widnes, Towngate Business Park provides easy access to the M62 via the M57 (1 mile) and south to the M56 (1 mile), leading to the M6.
The asset is fully let and generates rental income of £958,000 per annum.
Harworth said the transaction was in line with its growth strategy and added it intends to invest in the estate, leveraging its asset management expertise to capture rental reversion and explore infill development opportunities over the medium term.
The acquisition has been funded by proceeds from the company s active churn strategy in its income portfolio, recycling capital through the disposal of non-core assets or those where the Group has completed its asset management business plans. Most recently, this manifested in the £3.35 million sale of Lynfield Park, the former Alcan Rio Tinto smelter in Northumberland, in February 2021, ahead of book value. ....

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