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News Release

Manchester

Chancerygate sells 20,560 sq ft office units at S Park, Stockport

Chinese electrics firm and air conditioning business take space


Manchester, June  – Chancerygate has completed two deals at Stockport business development S-Park.

Chinese electrics firm CHINT has taken Units 9 and 11, totalling 16,782 sq ft, while air conditioning business Efficient Cool Heat has taken the 3,778 sq ft Unit 3.

The two companies join occupiers including the recently opened Jaguar Land Rover dealership and Big Yellow Self Storage.

The development's first phase, which was completed in summer of 2013, comprised of five units totalling 48,600 sq ft with the majority sold or let off-plan. JLL and Davies Harrison were appointed to market the 14 units included in the second phase, which total 90,000 sq ft, last year.

Mark Sillitoe, industrial and logistics director at JLL, said: "As one of the first sites built as part of the return of speculative development in the North West, S-Park is one of the most high profile new build schemes in the region.

"The final phase of units has already proven significantly popular, with businesses attracted by the site's existing strong occupier mix, with a range of well-known brands taking space at the park, as well as its broad mix of unit sizes and easy access to the M60, Manchester city centre and the airport."

Mike Walker, Development Director of Chancerygate in Manchester, commented: "With these two deals, the final phase is now over 40% sold which justifies our decision to build this speculatively. We have strong interest in the remaining units so are actively looking for further sites throughout the region where we can get on and build more similar schemes"

JLL and Davies Harrison are joint agents for the development.