Property briefs: Waters Corporation; Sutton Kersh; Roger Hannah; Wulvern
THE Waters Corporation, a US-owned manufacturer of mass spectrometers, is selling several south Manchester properties as it moves into a new 220,000 sq ft base in Wilmslow.
Around 500 staff are moving from sites in Altrincham, Wythenshawe and Sharston.
Lambert Smith Hampton (LSH) is marketing a 22,000 sq ft light industrial unit in Wytheshawe and a 45,000 sq ft three-storey office at Atlas Business Park close to the airport. LSH is also advising on two other properties where there are lease terminations.
Adam Jackson, office agent at LSH in Manchester said: “The new research and development headquarters will strengthen the region’s reputation as a global hub for scientific innovation, whilst the buildings which are being vacated will all provide excellent opportunities for business looking to expand their regional operation in a mix of offices and industrial premises.”
SUTTON Kersh has 114 lots at its auction on February 12 at the Marriott Hotel in Liverpool city centre.
It said highlights include Birch House, a two-storey period property on Green Lane in Mossley Hill which is being offered with planning permission to demolish the existing property and erect nine, three-bed apartments.
A restaurant investment on Allerton Road, producing income of £26,500 a year, is guided at £225,000 and other lots include two tenanted family homes on Woolton Road in South Liverpool.
Auction manager Cathy Holt said: “2013 was an exceptional year in which we attracted 23% more lots than in the previous 12 months and increased the income generated for our clients by over £10m.
“With the economy showing further signs of improvement and buyers continuing to favour property as their preferred investment vehicle we look forward to 2014 with real confidence. We will be working as hard ever to deliver strong results and attracting 114 lots for our first sale is a great way to start.”
Manchester-based Roger Hannah & Co is gearing up for its February 4 auction at Lancashire County Cricket Club.
It has 93 lots which include Glossop Conservative Club, a plot of land close to Manchester City’s Etihad Stadium and a tenanted mill producing an annual income of £72,777.
CREWE-based affordable homes provider, Wulvern has been granted planning permission to transform a derelict house and surrounding site into a three-storey apartment block for over people aged over 55.
Construction work is due to start on the £1.9m development at Brooklands House in the spring.
The development, designed by Altrincham-based Pozzoni architects, will have 12 one and four two-bed apartments.
Wulvern has secured grant funding of £352,000 through the Homes and Communities Agency’s Affordable Homes Programme towards the project.