Stakehill Industrial Estate

Black circle with white text reading '49%'

Average 2025 Rental Growth

Black background with white text displaying '55%'.

Max 2025 Rental Growth

Since IDRE were instructed in January 2025 the estate has seen significant progress and improvements which include;

  • Completed refurbishment upgrades to vacant units, these are now predominantly let or under offer, with some further availability coming back shortly;

    • Unit 7, which provides 5,942 sq.ft - Under Offer

    • Unit 8, which provides 5,899 sq.ft - TBC

    • Electron, which provides 82,506 sq.ft - Now Let.

  • New upgraded onsite cafe (see below photos).

  • Lease renewals with existing tenants.

  • Completed rent reviews.

  • Void reduced from 12% to 1.5% through new lettings.

  • WAULT extended by 30%

  • Full ESG review and future planning for the estate.

  • Upgraded website and branding (Rolling out shortly).

Updates
Stakehill extends with DHL & Tuda Grass
Stakehill extends with DHL & Tuda Grass

IDRE completes two lease renewals at Stakehill Industrial Estate, firstly DHL have solidified Stakehill as one of their key regional hubs, whilst Tuda Grass - a leading national artificial grass supplier - has reaffirmed Stakehill as a key location for their headquarters. 

Read More →
IDRE lands Stakehill Asset Management contract
IDRE lands Stakehill Asset Management contract

IDRE is pleased to announce that it has been selected by Triton Property Fund to take over the asset management of Stakehill Industrial Estate

Read More →
CONTACT US
Empty large industrial warehouse with a polished concrete floor, black support beams, red piping, and white walls.
A fenced construction site with a small wooden building, construction equipment, a black van, and a cloudy sky.
A yellow takeaway coffee cup with a black lid and the words 'STAKEHILL INDUSTRIAL ESTATE' printed on it, placed on a wooden table outside a modern café with a wooden exterior, a menu board, and a trash bin.
Aerial view of a commercial warehouse with four numbered loading bays, surrounded by a parking lot with cars and trucks, with rural landscape and houses in the background.
An aerial view of a large industrial building with a parking lot surrounded by trees and green landscape under a cloudy sky.
Two women smiling behind a counter at a food stall, with a blue menu board displaying various food and drink options.
Loading dock with three black roll-up doors, each with black overhangs, yellow bumper guards, and concrete paving outside, against a brick building.
Aerial view of an industrial park with warehouses, parking lots, and surrounding trees, with a city skyline in the background under a cloudy sky.
Empty office space with white walls, gray carpeted floor, ceiling tiles, and multiple black doors. Large windows on the left side letting in natural light.
Industrial warehouse with a large black roll-up door, a blue sign with the number 8, brick and metal siding, and parking area in front.
An empty warehouse or factory space with high ceiling, metal beams, skylights, work tables, and stacked cardboard boxes.
An aerial view of a large industrial warehouse with two roller shutter doors numbered 7 and 8. The warehouse has a metal exterior, a flat white roof, and is surrounded by an open paved area. There are trees with fall foliage in the background.
Large industrial warehouse with three loading dock doors and a smaller personnel door, surrounded by a concrete yard and trees in the background.
“There’s so much potential at Stakehill Industrial Estate, especially with everything that’s going on with the Atom Valley framework and occupier financial incentives and I’m happy we can show our clients and our occupiers what Stakehill can really offer beyond its great location. Next steps include upgrading our fitout, phased roof upgrades and PV installation to suit occupiers.”
— Ian Murray, Head of Asset Management

In order to deliver on the above, we have carried out an ESG review of our assets, alongside EPC Plus reports and tenant engagement to see how we can improve the ESG/EPC of our assets whilst aligning with our tenants usage of their units. Initially this looks at lighting and heating, but goes further to discuss roof improvements and the potential inclusion of PV panels to deliver energy reductions, reducing costs and CO2.

On the back of this tenant engagement and through the Stakehill BID a number of estate wide issues were raised and through the Stakehill BID we aim to solve these issues so tenants can focus on growing their businesses and not on solving issues on site. Using Stakehill’s position in the Atom Valley Mayoral Development Zone (launched in August 2022), and with imput from our tenants we aim to transform the estate to align with the Atom Valley values. This means delivering a dynamic, interconnected manufacturing and distribution “mega-cluster”, which looks to blend world-class industry with cutting-edge research and development. Stakehill Industrial Estate will be at the forefront of industrial advancement, enhanced by council backed opportunities and financial incentives for businesses to advance and thrive.

In our first 12 months in charge of the estate IDRE have captured an average of 49% rental growth, alongside taking the vacancy rate down from 12.38% to 1.55%, with strong occupier interest in the 1 remaining units on site. We aim to get this let by the end of 2025 providing a 100% occupied estate until the return of a couple of units in H1 2026, which will undergo full internal and external refurbishments prior to being marketed, although we do already have initial interest in one of these units.

Regears to the likes of DHL show the strategic location that Stakehill Industrial Estate occupies providing easy access to both North West and Yorkshire markets and by continuing to improve our units and the estate we aim to continue to provide one of the best in class estates in the UK.

Current & Next Steps

  1. Improve ESG across the estate.

  2. Proactive occupier engagement.

  3. Enhance internal finishes to provide more desirable accommodation.

  4. Continue capturing rental uplifts at reviews and regears.

  5. Phased roof improvements with structural work to allow for PV.

  6. Use of the Stakehill BID to deliver estate wide upgrades that align with tenant demands.

    1. Road safety options.

    2. Tree planting.

    3. Rubbish removal.

“Stakehill is one of the premier industrial estates in the North West with great connectivity over to Yorkshire, and occupiers love it shown by recent renewals to DHL and Tuda Grass. Vacancies that we inherited are now almost entirely under offer, and at very strong rental levels. We look forward to driving long-term growth, through high-quality sustainable upgrades.”
— Jonathan Brown, Head of Investment

Asset Management Team

  • IDRE Ian

    Ian Murray

    Head of Asset Management

  • A young man with light brown hair, blue eyes, wearing a navy blazer, white shirt, and red tie, smiling at the camera against a plain light background.

    Jonathan Brown

    Head of Investment

At IDRE we create value through our unique ESG-led coordinated Investment & Asset Management approach, where our strategy combines both investment and asset management through trend analysis and local market knowledge alongside asset operational expertise and exceptional tenant engagement with ESG at the core of every decision, providing enhanced results for our clients, the environment and the local community.

Through this approach our core objective is to deliver our clients futureproofed assets, aligned with local market requirements and regulations whilst amplifying rental returns and maximising capital growth.