Development and investment firm extends ownership at Winsford Industrial Estate
Manchester-based development and investment firm, Pitalia, has completed a sale and leaseback investment at a key industrial estate in Cheshire in a move that further expands its footprint in the North West.
Pitalia Real Estate has bought the freehold of a 71,225 sq ft warehouse on the Winsford Industrial Estate for £3.58m.
The warehouse will be leased back over 10 years to an undisclosed tenant at a rent of £305,000 per annum, with a tenant break after five years.
Last year, Pitalia Real Estate completed the £8m acquisiti... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
