Background
Cited Property advised Sheet Anchor Evolve, part of M Core, on the acquisition of Waterside Industrial Estate, a major industrial and logistics estate located just north of Hadfield town centre, near Glossop and within the wider Greater Manchester industrial market.
The estate extends to approximately 375,000 sq ft across a self-contained site of around 21.5 acres, comprising multiple warehouse and industrial buildings of varying configuration.
The Challenge
The opportunity involved a large, former owner-occupied industrial site transitioning into an investment asset, requiring careful assessment of its scale, configuration and future potential.
Given the size and complexity of the estate, the acquisition needed to align with the client’s strategy of securing well-located industrial assets capable of supporting income generation, active management and longer-term repositioning.
Our Approach
Cited Property worked closely with Sheet Anchor Evolve to provide acquisition advice focused on location fundamentals, estate layout and strategic optionality.
The asset’s proximity to Greater Manchester, strong transport connectivity and large site area were central to the investment rationale, offering flexibility for re-letting, reconfiguration or longer-term redevelopment, subject to planning.
By supporting the client through the acquisition process, we ensured the transaction aligned with their wider industrial and logistics growth strategy.
The Result
Sheet Anchor Evolve successfully acquired Waterside Industrial Estate, strengthening its exposure to the industrial and logistics sector and securing a substantial, strategically located estate with significant long-term potential.
The acquisition further demonstrates the group’s ability to identify and secure large-scale industrial assets in established regional locations, supported by Cited Property’s transactional advice.
