Company News

Recent Activity & Business Updates

Success for HMG On King Street

HMG Investments Limited, hasfully let and subsequently sold The Ironworks on King Street in Manchester city centre for £3.1m to DTZ Investors following their purchase of the building with vacant possession only 12 months prior.

The three storey retail / office building has been sold following a comprehensive refurbishment of the property leading to it becoming fully let  during 2017.

HMG Let the ground and part first floor to Sharps Bedrooms on a new 15-year lease and at the same time undertook which time a £170K office refurbishment of the upper floors to provide boutique office suites, all of which were successfully let on completion.

Nick Casson, CEO of HMG said “Acquisitions and disposals of this scale in such a short time are relatively rare within Manchester city centre.”

Back to news