Property firm makes further acquisitions at St Modwen scheme
Sandyford Properties has completed on the acquisition of a number of freehold units as well as the freehold reversion of the entire Trentham Trade Park and Trentham Business Quarter in Stoke-on-Trent from St Modwen.
The Trade Park/Business Quarter development comprises 49 office and industrial units constructed between 2008 and 2019 and is home to a number of well-known occupiers such as Screwfix, Howdens and Autoglass.
Paul Brindley of Sandyford Properties said: “Alongside Festival Trade Park, where we also have some property holdings, Trentham Lakes represents one of the best and most popular business locations in the city. It consists of largely smaller units and is an appealing destination for both established local businesses and for national businesses looking for a presence in the area.”
Sandyford Properties lease commercial properties across Stoke-on-Trent and offer a property maintenance service from its base in Hanley.
Brindley added: “Trentham Lakes represents premium space in the area and bolsters Sandyford’s ability to offer a variety of business space, at a variety of price points, to growing businesses at all points in their development. We hope that this will become a core strategic site for us for many years to come.”