Worksop warehouse sold in £20m deal

Tritax Big Box REIT has bought a 330,807 sq ft Worksop warehouse in a deal worth £20.25m.

The company has acquired the Cerealto (UK) National Distribution Centre at Dukeries Industrial Estate, Worksop.

The facility at Dukeries Industrial Estate, Worksop, Nottinghamshire is let to Cerealto (UK) and guaranteed by its ultimate parent company, Grupo Siro Corporativo SL, a global private label food manufacturer supplying products to large distribution chains and multinationals.

Purpose-built to a high specification in 2007, this facility is Cerealto’s only UK distribution and production facility from which it operates a new contract with a major UK supermarket as well as with other businesses.

Knight Frank represented the Tritax on the deal.

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