Mercia Real Estate have acquired a vacant 160,098 sq ft manufacturing / warehouse facility on a 10-acre site in Stockport for £7.25m.
The self-contained property, which is situated on Kenwood Road in Reddish, is to be comprehensively refurbished and marketed to let with Davies Harrison and Siddall Jones retained as the joint letting agents.
Samuel Clark of Mercia Real Estate said: “We are extremely pleased to have marked our entrance into the North West industrial market. We have acquired the building with full vacant possession which provides the perfect platform for us to showcase our asset management expertise to a new geography where we will be making further significant investments in 2022.”
Mercia Real Estate was unrepresented.