Chemist Lets to IT Company in Manchester

LONDON-Taiwanese IT company Compal has taken a 28,500-sf unit on the Oakhill Trading Estate from Lloyds. It is paying the passing rent.

By Charlie Jacoby | December 24, 2002 at 01:01 AM

The Taiwanese IT company has agreed to take an assignment of the 25-year lease for the 28,500 sf hi-tech facility, which expires in 2008, at a passing rent of £87,250 pa ($139,914). Stuart Murray, associate at FPDSavills, commented: 'The assignment represents significant inward investment into Salford and will in turn bring new jobs to the local area'.

Compal was unrepresented.

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