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INDUSTRIAL | Machinery & Equipment
proline-eng.co.uk

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Stage

Acquired | Acquired

About Proline Engineering

Proline Engineering is a provider of conveying solutions to the metal packaging industry. The company's services include a range of mechanical, air, vacuum and magnetic conveyors.

Proline Engineering Headquarter Location

29 Shield Drive Wardley Industrial Estate, Worsley

Manchester, England, M28 2QB,

United Kingdom

+44-0-161-794-2738

Latest Proline Engineering News

Eric Wright acquires Worsley unit

Jan 12, 2021

The group bought the 37,300 sq ft industrial property from Guernsey-registered Jolivet Investments for £2.5m. 29 Shield Drive is located on Wardley Industrial Estate, a business complex adjacent to Junction 14 of the M50 in Worsley, Salford. The unit is let until 2023 to Proline Engineering on a 10-year lease with a rental income of £130,000 per year. Other occupiers across the estate include e-commerce, logistics, manufacturing and storage firms including Amazon, Royal Mail, Howden Joinery, Wincanton, BOC, Ready Steady Store, Stax Trade Centre and Clipper Logistics. Agencies B8 Real Estate and Lamb & Swift acted for the vendor, while Neil Higson at Wildbrook CRE acted for Eric Wright Group. Patrick Naylor, Eric Wright’s group portfolio manager, said: “Located at the heart of the region’s motorway network, Wardley Industrial Estate represents a sound investment opportunity. “This unit is extremely well specified and there is robust demand for good quality, mid-box industrial facilities in the North West. “We will continue to look for prominent and well-located industrial assets to add to our commercial property portfolio, the value of which exceeds £70m.”

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