Letting to student property specialists

We have let a 10,000 sq ft office building at Cheadle Royal to the student accommodation specialists, Mansion Group.

This is the third deal to be agreed on the latest phase of the highly successful Oakfield concept, which provides flexible stand-alone Grade A accommodation at the North West’s premier business park. The latest deal follows the arrival of award-winning accountancy practice, Clarke Nicklin, and international hearing care company, Ascent Investments.

Mansion Group, which has 50 employees and operates a property portfolio of over 1,300 beds, will relocate its head office from Manchester city centre. The company joins a host of other illustrious companies at the prestigious business park, including Umbro, Capita, Agilent and DeVere.

Cyril Ogunmakin, director of asset management at Mansion Group, commented: “We’ve achieved considerable success over the last 12 months, carving an image in the sector for providing a top quality student living experience.

“As a result of an excellent performance and growth – and with plans to acquire further property within the top 30 university cities – we needed significantly more space to support our business development. Muse has provided a high quality building that not only meets our expansion needs, but also gives us the option to purchase. Cheadle Royal’s unrivalled reputation and first-rate transport links also played a significant part in our decision.”

Wes Erlam, development surveyor at Muse Developments, added: “Mansion Group prides itself on delivering high standards – both in terms of its products and brand. This perfectly mirrors the strong ethos of Cheadle Royal and the many high-profile businesses within the park.  Mansion Group’s decision to move to an out-of-town location, such as Cheadle Royal, demonstrates the flexibility and growth potential available to ambitious businesses that have an appetite to expand even further.”