Property Round-Up: Lowry footfall; Wates contract; Sanderson Weatherall, and more…
FOOTFALL at the Lowry Outlet Shopping Centre in Salford Quays was up 6% last year.
This led to higher sales figures, with shops in the centre registering an average annual turnover increase of 8.1%.
During the year 12 new shops opened, including Denby, Tefal and The Body Shop, covering 25,000 sq ft and creating 75 jobs.
The presence of more than 2,000 people working at nearby MediaCityUK has also had an impact on the centre’s restaurants, with food court sales up 6.7%.
The shopping centre was acquired from the Emerson Group by Peel Group for around £70m in August.
::
WATES Construction has been awarded an £8m contract to build the Tauheedul Islam Boys’ High School (TIBHS) in Blackburn.
The contractor will begin work on the 50,000 sq ft school in May if it secures planning approval.
The 700-capacity building is due for completion in September 2014.
Tony Shenton, business unit director for Wates Construction, North West, said: “Our extensive experience in delivering educational buildings places us as an ideal contractor for the Tauheedul Islam Boys School.
“We have worked closely with the Tauheedul Free Schools’ Trust to ensure that the facility provides a state-of-the-art learning environment for its students and we have an excellent site team in place to start construction later this year.”
::
THE former head office and retail premises of shop fitting business Naylor and Walkden in Chorley have been sold for £714,000 by the North West office of property consultants Sanderson Weatherall.
The two locations of the former business were excluded from a pre-pack administration and Sanderson Weatherall was instructed to sell them by Brian Green and Paul Flint of KPMG, joint administrators of parent company Bravell Ltd.
The shop fitting business Naylor & Walkden Ltd, which entered administration in July 2012, was subject to the pre-pack administration and continues to trade as Naylor & Walkden Fit-Out Ltd.
The 18,332 sq ft former headquarters were sold to Shutter Door Services for £495,000, while the retail premises – a former Methodist church – have been bought by Chorley Bottle Gas for £219,000.
::
SPACE Invader, the Manchester-based commercial interior design studio, has been appointed by Kin-Tec Recruitment to design its new premises at Exchange Quay, Salford.
Selected alongside the work place project management team at Savills, the contract will see Space Invader designing the 8,000 sq ft office which is due to open next month, and will employ 65 staff.
The firm is relocating from offices in Trafford.
