Latest deals mean Greater Manchester industrial estate is more than 50% pre-let

Network Space has agreed deals on two further units at Broadheath Networkcentre in Altrincham.

Worldwide event hire company, Options Greathire, is taking a 10-year lease on 36,000 sq ft across 2 units at the Atlantic Street site, where some 206,000 sq ft of high quality workspace is being delivered across 25 units.

Headquartered in France, with locations across Europe, Options Greathire has recently acquired a North West company and is looking to establish a northern presence at Broadheath Networkcentre, to build on their existing UK facility close to Heathrow.

Options Greathire will join XPand Logistics and Maersk at the site, meaning more than 50% of the site is now pre-let.

Bansco is delivering the development on behalf of Network Space, with the first unit already complete and the remaining development at the 11.5 acre former Cartwright headquarters due to finish later this year.

Simon Eaton, Senior Development Manager at Network Space, said: “We are delighted to welcome Options Greathire to Broadheath Networkcentre. These latest deals continue our trend in attracting high quality occupiers to the site and it is fantastic to have let over 50% of the total floorspace ahead of practical completion.

“On top of the secured lettings, we are still receiving a high level of enquiries in the remaining units which is testament to the scheme’s quality, sustainability credentials and prime location.”

The regeneration of this brownfield site will see a mix of high-quality refurbished space, alongside new builds, creating a modern, multi-let industrial destination. With remaining units available from 2,100 sq ft to 17,000 sq ft, the development has the capacity to create upwards of 400 new jobs and provide much needed speculative workspace in the region.

An environmentally friendly scheme, targeting EPC A ratings and BREEAM Very Good, there has also been a significant reduction in embodied carbon through the construction process as the steel and concrete structures on the site are being reused and recycled. In operation initiatives include renewable energy provision through solar panels and electric vehicle charging points across the entire scheme.

The scheme is being supported with a £23.25 million loan from Trafford Council and with over 95% of the project budget being invested in a supply chain within 45 miles of the site, a significant number of local training and employment opportunities have been created.

Jonathan Williams at Savills and Will Kenyon at B8 have been appointed as letting agents for Broadheath Networkcentre by Network Space.

Jonathan Williams, associate director at Savills, said: “We are continuing to see a high level of demand and low level of supply in the North West for industrial & logistics despite the obvious headwinds the market is facing. Being 50% pre let before completion is a fantastic result for the scheme which highlights the quality of the space on offer and the strength of the location. Broadheath Networkcentre will be a much needed supply boost of SME space for the south Manchester market.”

The wider professional team includes Walker Sime, project management and quantity surveying and AEW architects.