Industrial warehouses placed on the market | Northwest Deals

Warrington Warehouse

Two warehouses in Warrington and Nottingham have been put on the market.

Realterm has commissioned Colliers and LSH to lease the two facilities in Warrington (257,319 square feet) and Long Eaton, Nottingham (261,904 square feet).

The freehold Warrington unit, located at Hardwick Grange Industrial Estate, was recently purchased by Realterm from Marks & Spencer on a sale and leaseback. Marks and Spencer is due to vacate the premises in the summer of 2022, when the unit will then be available for a new occupant.

The industrial property itself retains favorable amenities, including 27 dock-level loading gates, 30 truck spaces, 250 visitor and employee parking spaces, and office and amenity space on two floors.

Long Eaton’s industrial space, East Midlands’ Bigbox warehouse, is currently undergoing refurbishment and will be available for occupancy from June 2022.

It is strategically located south of the town of Long Eaton.

The industrial space is located in an established commercial area, surrounded by developments and high profile occupiers. These include SEGRO Logistics Park, East Midland Gateway, East Midlands Distribution Centre, Amazon, Aldi and DHL.

Property facilities include 32 dock-level loading gates, 33 truck bays, 18 tractor bays, 225 visitor and employee parking bays, and two-storey auxiliary offices.

John Sullivan, head of the Manchester industrial and logistics team at Colliers, said: “With the industrial and logistics sector continuing to be the most defensive commercial property sector since the outbreak of the Covid-19 pandemic, this trend is expected to continue.

“Realterm’s units provide the market with much needed good quality stock in the North West and East Midlands markets and will be very well received.”

Balazs Lados, Managing Director and European Fund Manager at Realterm, added: “The properties are advantageously located at the heart of the regional motorway networks and are a wonderful addition to our European portfolio and support our strategy to acquire the best last mile investments. in the main sellers of the market.”