£16 Million Sale of Winsford Industrial Estate to New Owner

Strategic Insights -

The Quad site on Winsford Industrial Estate, valued at £16 million, has been sold to Cube Asset Management on behalf of One Point Investments. The property consists of four units, totaling 239,568 sq ft of office space, and is home to four local employers. The sale, brokered by Legat Owen and JLL, is seen as a testament to the strength of the regional industrial market.

Key Takeaways:

  • The £16 million sale includes the 13.29-acre Quad site, which comprises four units and 239,568 sq ft of office space.
  • The site, located on Road Five at Winsford Industrial Estate, is currently home to Henkel UK Operations Ltd, Frank Roberts & Sons Ltd, Renray Healthcare Ltd, and Clearfield Envirotech Ltd.
  • The units total 239,568 sq ft of office space, with two units recently refurbished.
  • The site also includes a 0.63-acre parcel of undeveloped land.
  • The sale is attributed to the strength of the regional industrial market and investor demand for well-located assets.
  • Legat Owen and JLL brokered the deal on behalf of Pitalia Real Estate, which is selling the site to Cube Asset Management on behalf of One Point Investments.
  • The sale is expected to increase the size of One Point Investments' property portfolio.
  • Winsford Industrial Estate was the first in the UK to become a Business Improvement District (BID).
  • The estate is home to 4,000 employees working in various professions, including food manufacturing, chemical supplies, packaging, and engineering.

Statistics:

  • The Quad site spans 13.29 acres.
  • The property includes 239,568 sq ft of office space.
  • Two units on the site were recently refurbished.
  • The sale price is £16 million.
  • The site offers a 0.63-acre parcel of undeveloped land.
  • Winsford Industrial Estate is home to 4,000 employees.

Sources:

  • Legat Owen
  • JLL
  • Cube Asset Management
  • One Point Investments
  • Pitalia Real Estate