Ainscough Industrial Services, one of the UK’s largest privately owned industrial engineering companies, has leased the ground floor and basement accommodation comprising 1,060 sq ft on a five year lease at a rental of £22,000 per annum. The office will act as a satellite location for Ainscough Industrials senior management and will also be the head office of Ainsco, which has been set up as an incubator for start-up businesses.
Deborah Ainscough, said: “We are very excited to take space in Altrincham and utilise its excellent transport links to recruit top talent from the surrounding areas in the years to come.
Commercial Kitchen and Bar has taken Suite 6 on a 12 month lease at all-inclusive rent of £350 per month. It is relocating from offices at the airport.
Property development and investment company Petros has moved its Manchester office and taken Suite 1 comprising 290 sq ft for 6 months It was previously based at Station House, Altrincham.
Daniel Lee of Regional Property Solutions, who acted for the landlord Eighteen Fifty Investment Group said: “16 Kingsway continues to be popular with its refurbished well equipped office space offering the option of a traditional lease or an all-inclusive rent, which has enabled businesses to grow and develop. This is reflected in the smooth transition of these three vacancies to the new tenants taking occupation. All the lettings were completed in a quick time frame with an uplift in rental growth”.