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News Release


SWIP lands first deal at Lawnhurst Trading Estate

SGM Contracts Limited takes space

Manchester, 18th October 2011 - Following a recent extension of their contract with Stockport MBC, SGM Contracts Limited has taken 5,928 sq ft of space at Scottish Widows Investment Partnership’s (SWIP) Lawnhurst Trading Estate in Cheadle.

Lawnhurst Trading Estate, which comprises 200,000 sq ft of warehouse/industrial space, was recently purchased by SWIP and is asset managed by Centurion Industrial Asset Management in what is their first venture in the North West.  Michael Jones from Centurion Properties said: “Securing SGM so soon after the acquisition is a great start and with plenty of interest in the other vacant units we anticipate more deals in the near future.”
Mark Sillitoe from joint letting agents Jones Lang LaSalle added: “Properties like Lawnhurst will always prove popular due to the ideal combination of good quality accommodation on a well managed estate at competitive rental levels”. 

Jones Lang LaSalle and Lambert Smith Hampton acted for the landlord.