16
October
2007
|
00:00
Europe/London

Sale soaring in occupier popularity

The amount of available commercial property in Sale is running low as the property hotspot continues to enjoy popularity with North West businesses.

A number of large companies including First Telecom have recently relocated to the area and lettings at local Dovecote House have seen the likes of financial services company,Scott Laing and solicitors Slater Heelis Collier Littler follow suit, taking a total of 18,000 sq ft over the past month.

Commenting on the market, William Kennon of CBRE, who handled the recent lettings, says: “Sale is benefiting from its proximity to the M60 and the Metrolink service, as well as increased speculation over the congestion charge which looks set to hit the city centre.

“As a result, developers have been committed to bringing the area on over the last few years which has resulted in high quality new build and refurbished space. This has attracted new businesses to the area, as well as encouraged existing indigenous companies to upgrade.

“However, as a result, the area is running short of development land which leaves the market open for the next South Manchester and Cheshire property hotspot to rear its head, such as Altrincham, which is already seeing significant development.”