Chancerygate sells four units at Novus

Industrial asset manager Chancerygate has sold more than half of the available units at its £33m Novus business park in Knutsford, after selling a further four units to two companies.

Industrial valve manufacturer Oliver Valves acquired three units totalling 17,300 sq ft at the under-construction business park, increasing the company’s presence at the Parkgate Industrial Estate, which lies to the east of the Novus development.

Oliver Valves’ chairman, Michael Oliver, said: “We have been present on Parkgate Industrial Estate for more than 40 years and Novus provided the perfect opportunity for us to buy a Grade A industrial facility and ensure our long-term growth plans were catered for.”

Meanwhile, cosmetics distributor Wellness Trading acquired a single unit measuring 6,000 sq ft. The values of the deals were not disclosed.

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