Individual Restaurants takes 18,620 sq ft at Coldwall Industrial Estate, Rochdale

Individual Restaurants has agreed a lease for 18,620 sq ft at Units Seven and Eight Coldwall Industrial Estate, which is owned by Hallmark Developments. The leading restaurant group has secured the unit on a five-year and three months lease with a break option at a headline annual rent of £5.65 per sq ft.

The double unit had recently been comprehensively refurbished and modernised which included a new roof, cladding system and loading doors.  As part of the deal, the landlord is also installing a ground floor office.

The industrial park is located less than one mile away from the Rochdale Town Centre and 3 miles from the J20 M62.

Richard Johnson, Director of UK Industrial & Logistics, JLL, said, “We are happy to have secured Coldwall Industrial Estate on a flexible lease which provides Individual Restaurants with a cost-effective warehouse with access to the M62 corridor and Greater Manchester.”

JLL represented the tenant, Individual Restaurants. Barton Kendall represented the landlord, Hallmark Developments.