A FIRM has acquired 80,000 sq ft of space on Eurolink Industrial Estate from a private seller for an undisclosed price.
The estate extends of six and a half acres with a pre-let of 8,658 sq ft to RB Furnishings already agreed.
The firm - Tandem - plan a wholesale refurbishment programme to provide high quality logistic and warehousing accommodation together with some open storage.
The refurbishment works will commence shortly with the repurposed units available for occupation from mid-2025 onwards. Tandem plan to appoint their letting and marketing team over the course of the next few weeks.
Commenting on the acquisition, Chris Lloyd Director at Tandem Investments said: “Thrilled to have completed this acquisition. Any industrial real estate close to the M62, M6 and Omega is an exciting opportunity.
“Once our refurbishment works are completed we hope it will be of interest to all type of logistic and industrial occupiers."
James Kinsler at PK3 who advised Tandem on the acquisition said: “We are pleased to complete another transaction with our good client Tandem in a strong North West location.
“Thank you to the vendor and Robert for their professionalism throughout and we look forward to seeing the refurbished product in due course which I’m sure will find strong appeal with occupiers.”
Robert Diggle at Eddisons advised the vendor and added: “I was delighted to work on behalf of the vendor on this off market disposal. A deal made easy by the co operation between clients, agents and solicitors.
“I have no doubt that there will be considerable market demand for the units on site following the refurbishment.”
Tandem Investments were represented by PK3 and CMS. The vendor was represented by Eddisons and DTM Legal.
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