Amazon warehouse changes hands in £2.7m deal

A warehouse in Widnes that is going to be used by Amazon has been sold in deal valued at £2.765m. Warehouse REIT, the AIM-listed specialist warehouse investor, has exchanged contracts for the acquisition of the strategically located warehouse. The asset is fully let to Amazon UK Services Ltd on a newly agreed five-year lease to serve the online retailer's distribution requirements across the North West. Amazon is now the second largest tenant on the company's rent roll. The modern warehouse facility has 48,932 sq ft of h... For the full story register now for free or login below...