LWC Drinks buys 173,000 sq ft unit in Oldham
LWC Drinks has purchased the Galaxy 173 warehouse and manufacturing facility in Chaddetton, Oldham for £8.5m from a private vendor, with Savills acting as an agent..
The drinks wholesaler purchased the 173,000 sq ft unit, which is located on the 496,584 sq ft Chaddetton site.
Galaxy 173 is located 1.5 miles from junctions 20 and 21 of the M60 motorway and five miles from Manchester city centre. Nearby occupiers include Costco and Great Bear Distribution.
Jonathan Atherton, industrial director at Savills, said: “The disposal process confirms the latent demand for good quality units in the region on a freehold basis The freehold market for 100,000 sq ft plus is very much characterised by a lack of supply and significant demand.”