11.7 C
Sunday, July 21, 2024

Alliance expands industrial portfolio with £1.3m acquisition

Property Alliance Group has acquired a 32,166 sq ft industrial unit in Blackpool for £1.3m.

Located adjacent to Blackpool Retail Park and to the south of the town centre, off Squires Gate Lane, the property comprises a ground floor warehouse with offices above.

The deal will see Alliance invest a further £250,000 into refurbishing the unit, resulting in upgrades to both the interior and exterior. A larger, open plan area will be created inside the building and a secure fence, gates and LED lighting installed outside. Alliance will also carry out extensive improvements to the 1.1 acre yard.

Ian Hunter, director at Property Alliance Group, said: “This property was formerly occupied by Booker and following our investment, will be significantly improved with a warehouse suitable for a variety of uses.

“Forming part of the Blackpool Airport Enterprise Zone and around two miles from the M55, the unit is situated in a thriving area. We’re confident that its location coupled with the quality of our refurbishment will result in a swift letting.

“This is our first acquisition in Blackpool and with the Enterprise Zone rapidly developing, we’re seeking opportunities for further investments in the year ahead.”



Bespoke wins Wiserr lead generation contract

Digital marketing agency Bespoke has won a digital marketing contract with Wiserr to...

Dad jailed for murdering two-year-old son

A man has been jailed for life for the...

GO Blackpool app launches to boost local businesses

Blackpool Business Improvement Districts (BIDs) has launched GO Blackpool,...

Bin it and bag it: Jollyes launches nationwide free poo bag giveaway

Retailer Jollyes will open its next brand new store...

Subscribe to our newsletter

Business Lancashire will use the information you provide on this form to be in touch with you and to provide updates and marketing.

Don't miss

EURO 2024 Parimatch Sign Up Offer: Get 50/1 on England to beat Spain Free Bet

Football fans are no doubt eagerly awaiting the upcoming...

Best Horse Racing Betting Sites In The UK

Those looking for the best UK horse racing betting...

Best UK Football Betting Sites For 2024

Football is the UK's biggest and most popular sport....

Body found in search for Jay Slater missing in Tenerife

Spanish police say they have found human remains during...

More News

National Association of Professional Sourcing Agents (NAPSA) Shortlisted for Prestigious Service Provider of the Year Award

The National Association of Professional Sourcing Agents (NAPSA) is delighted to announce its nomination for the prestigious Service Provider of the Year Award at...

LandlordBuyer Reports a Startling Increase in Landlord Possession Actions and Repossessions in Recent Study

LandlordBuyer's latest research has uncovered an alarming escalation in landlord possession claims and repossessions for the last quarter of 2023, with totals reaching 23,282...

incspaces launches all-in-one Virtual Office and Desk Space subscription

incspaces, a leading provider of innovative workspace solutions, is proud to announce the launch of Infinity Office™, the UK’s first all-in-one virtual office and...