Kier Property has started on site at its first Trade City scheme in Manchester. The scheme totals 93,000 sq ft and comprises of nine units ranging from 3,800 sq ft – 23,600 sq ft on the 4.8-acre site.
The site sits just one mile north of Manchester City Centre and forms part of the established Cheetham Hill Industrial area, close to Cheetham Retail Park and Manchester Fort Shopping Park.
Kier Property, in partnership with Investec, purchased the site in February 2022. As well as delivering high specification and flexible units to meet occupier requirements, Kier Property has also designed the development to achieve high sustainability credentials including BREEAM excellent and Energy Performance Certificate – A.
Triton Construction Ltd has been appointed by the partnership to build the scheme and the units will be available early Summer 2024.
The development is situated close to Manchester city centre, with direct access via the A665 Cheetham Hill Road. It is also situated near to the Manchester & Salford Inner Ring Road and the national motorway networks, being close to junction 3 of the M602 and junction 17 of the M60. In addition, the development is only 10 miles north of Manchester International Airport.
Kier Property has appointed Colliers and CBRE as joint letting agents on the scheme.
Kier Property’s managing director, Leigh Thomas, commented: “It’s great to be starting on site with our first Trade City development in Manchester with units set to be ready from around summer-time next year.
“We have received a lot of interest in the units, and we have a significant pre-let under offer to a market leading occupier and progressing discussions with a number of other potential tenants.”
John Sullivan, Head of Colliers’ Manchester Industrial and Logistics, stated: “Trade City Manchester will provide much needed Grade A industrial and trade space; it offers high-performing energy efficient buildings. These new units will come online within 12 months for occupiers in the market to relocate or establish new premises near to Manchester City Centre.”
Paul Cook of CBRE’s Industrial and Logistics team said: “We are delighted to be launching this urban logistics development on the fringe of Manchester city centre. This scheme presents a rare opportunity to occupy high-quality units that benefit from all of the employee amenities a major city like Manchester has to offer.”
This is Kier Property’s 55th industrial scheme in the UK and builds on its most recent acquisitions in Bognor Regis, Milton Keynes, St Albans and Bracknell.