Home Greater Manchester Lecturers close in Bolton is fully let

Lecturers close in Bolton is fully let

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GVA has let the last remaining unit 5,419 sq ft at Lecturers Close Industrial Estate in Bolton to Volkswagen Inchape.

The car manufacturer will be opening a regional parts centre at popular scheme close to Bolton town centre.

The rental achieved was £5.50psf and has been taken on 10-year lease with a break at year five.

Ruth Leighton of GVA said: “The estate has proven to be very successful.

“We have pushed the rents significantly and this is a reflection of a significant lack of good quality well located stock versus an increase in demand.

“Lecturers Close Industrial Estate serves a wide variety of occupiers including national trade counters. The take up of vacant space within the estate over the last six months is circa 35,000 sq ft combining four units.”