WHR predicts industrial rise of Oldham

22/03/2006

WHR Property Consultants has sold a 9,000 sq ft unit on Broadgate on Oldham Broadway Business Park on behalf of a private developer to Baby For You for £65psf.

Simon Hampson of WHR Property Consultants commented: "We are delighted to have sold this unit achieving an excellent price for the accommodation, which reflects the continuing strength of the Oldham industrial market."

WHR is also acting for Noel Dean Properties who has just been granted planning permission to construct the next phase of its scheme - Meadowbank Business Park - on Tweedale Way in Oldham. A further four units of 6,500 sq ft each, available on a freehold basis from £75psf, are to be built and expected to be ready for completion by late Spring 2006.

Simon added: "Noel Dean's decision to build these additional units on a speculative basis serves to reiterate our confidence in the Oldham market. We have seen an increase in demand from potential occupiers who are keen to move to the area owing to its easy access to the entire regional motorway network. Oldham is steadily emerging as the industrial location of choice in the Manchester area."

Meadowbank Business Park is a mixed use commercial park comprising high quality offices and contemporary warehouse units. Ryder & Dutton are the joint letting agents.


WHR Property Consultants LLP