Simon G. Hampson

Simon Hampson of WHR Property Consultancy said: "The site proved to be extremely popular and we received more than 10 significant offers for it, comfortably exceeding the original marketing price of £400,000.

Simon G Hampson
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Simon Hampson

Simon G Hampson
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Simon Hampson

Simon Hampson, industrial property partner with WHR Property Consultants, says "2006 will see an air of cautiousness and realism creeping back into the market after what has been a period of rapid market growth.

Simon Hampson of WHR Property Consultants commented: "We are delighted to have sold this unit achieving an excellent price for the accommodation, which reflects the continuing strength of the Oldham industrial market."

WHR is also acting for Noel Dean Properties who has just been granted planning permission to construct the next phase of its scheme - Meadowbank Business Park - on Tweedale Way in Oldham. A further four units of 6,500 sq ft each, available on a freehold basis from £75psf, are to be built and expected to be ready for completion by late Spring 2006.

Simon added: "Noel Dean's decision to build these additional units on a speculative basis serves to reiterate our confidence in the Oldham market.

Simon Hampson of WHR Property Consultancy commented: "We have noticed a flurry of activity throughout the North West industrial market over the last three months with demand increasing from both occupiers and investors alike. We are looking forward to the remainder of the year with increased optimism as we believe that enquiries will continue to grow - especially around the 30,000 - 80,000 sq ft mark."

Simon continued: "Developers also seem to remain confident that the market will remain strong as highlighted by the number of exciting new schemes due to come to the market in the next 12 months including Merlin in Trafford Park which is set to provide 100,000 sq ft of speculative new build; Orion in Cheadle with 65,000 sq ft of accommodation and Broadfield in Pilsworth with 60,000 sq ft of new space in its final phase."

Simon Hampson of WHR Property Consultancy commented: "We have noticed a flurry of activity throughout the North West industrial market over the last three months with demand increasing from both occupiers and investors alike.We are looking forward to the remainder of the year with increased optimism as we believe that enquiries will continue to grow - especially around the 30,000 - 80,000 sq ft mark."

Simon continued: "Developers also seem to remain confident that the market will remain strong as highlighted by the number of exciting new schemes due to come to the market in the next 12 months including Merlin in Trafford Park which is set to provide 100,000 sq ft of speculative new build; Orion in Cheadle with 65,000 sq ft of accommodation and Broadfield in Pilsworth with 60,000 sq ft of new space in its final phase."

Simon Hampson of WHR Property Consultancy said: "The site proved to be extremely popular and we received more than 10 significant offers for it, comfortably exceeding the original marketing price of £400,000.