BE Group, on behalf of client Seddon Developments, has recently completed two property deals at Birchwood One Business Park in Birchwood, Warrington, to two separate occupiers who have relocated from Manchester City Centre.
The ground floor of 601 Birchwood One Business Park, measuring 1,667 sq ft, has been leased to ACT Access Control Technology on a 5 year lease.
Chancerygate, one of the UK`s leading Industrial Property and Development Companies has bought the property as an investment and has now occupied the first floor as their North West Office.
Simon Roddam of BE Group commented “We see around 65% of office take up in Birchwood year on year coming from local occupiers simply relocating within the Birchwood area, which demonstrates a strong insular market. That said, the recent transactional activity at Birchwood One has demonstrated an interesting dynamic amongst occupiers in the City who see the benefits of the quicker motorway access and more economical occupational costs.”
Simon Roddam added, “Birchwood’s “pinch point” road project has also had a huge impact on improving travel times in and out of the area since its completion in March. I anticipate further inward movers like ACT and Chancerygate from the more congested North West locations in the near future”
Mike Walker, Development Director for Chancerygate commented “We are delighted to move to Warrington and Birchwoood and see it as the perfect place for the next stage of our growth in the North West. As a business – we need good motorway access to get to and from sites we are developing or assets that we have under management across the North.”
BE Group advised Seddon Developments on both transactions.