Commercial property agents Manchester, Canning O’Neill are pleased to report a pair of buildings in South Manchester have recently been purchased.
Manufacturer Parkash Textiles has purchased No 3 The Courtyard in Cheadle. Parkash Textiles are relocating from Cheetham Hill to take 1,614 sq ft. The Courtyard development comprises six self-contained offices totalling 14,760 sq ft.
IT infrastructure company R-Com Consulting has acquired Building A14 at The Embankment, a 5,061 sq ft self-contained office building in Heaton Mersey, and relocated from Manchester Business Park.
Conrad O’Neill of Canning O’Neill said: “These deals demonstrate the return of owner-occupier demand in the South Manchester market, which all but evaporated during the recession due to the difficulty in raising mortgage finance.
“The banks are lending to small businesses again and occupiers are clearly confident to make these long-term investments.”
For offices to let or buy South Manchester, contact the team on 0161 244 5500.