Investor swoops for Manchester business park

A 34,444 sq ft business park in Manchester has been acquired by property investment, development and land regeneration company Northern Trust.

Irlam Business Centre comprises 13 purpose built industrial units split across four terraces. The units range in size from 1,918 sq ft to 6,401 sq ft.

The site sits adjacent to North Bank Industrial Estate on Soapstone Way with direct access to the A57.

In the last 12 months, Northern Trust has acquired more than 485,000 sq ft to its portfolio through acquisitions in Cannock, Warrington, Blackpool and various locations across Scotland.

The portfolio which extends from the South Midlands to the central belt of Scotland is managed by Northern Trust’s in-house surveying practice Whittle Jones Asset Management.

Tom Parkinson, director at Northern Trust, said: “This acquisition complements our existing ownership in the North-West. The acquisition is part of an on-going strategy to acquire/develop multi-let commercial property assets and provide flexible solutions to SMEs and the wider business community, providing opportunities to expand and relocate within our portfolio.”