Manchester-based real estate company, Shenton Group, has acquired one of Manchester’s most prominent Grade II Listed buildings, Chatham Mill, for an undisclosed sum.
Located on the Oxford Road corridor, the former cotton spinning mill spans 70,000 sq ft and is home to 40 existing tenants.
On the back of the deal, the Shenton Group's has secured lettings for 8,000 sq ft each with construction and development group, Bowmer + Kirkland, and construction services specialists, RG Group.
Shenton Group plans to implement a proactive approach to asset management and will enhance services to its building occupants.
Known for its ‘quirky and characterful workspace’, Chatham Mill offers adaptable office spaces, along with shared kitchens and restroom facilities on every floor.
Colin Shenton, CEO of Shenton Group, said: “We are very pleased to have secured such an iconic building, which offers an unrivalled juxtaposition of modern facilities alongside historic aesthetics.
“The acquisition marks a significant milestone for us as we expand our portfolio across the city centre and we’re looking forward to implementing our own asset management strategy in order to provide enhanced services for occupants.”
Roger Hannah representing the seller.
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