Property briefs: CBRE adds pubs & leisure team; Oak Tyres takes 80k sq ft at Haydock

CBRE North West has expanded its service offering with the addition of a Pubs and Leisure team.
 
The new team, comprising senior director Andrew Watt, director Sam Frankland and senior surveyor Clair McGowan, has joined CBRE from Colliers Internationa.Their expertise includes valuation, agency lease and strategic consultancy advice.
 
The team has disposed of 300 pubs between them during the last three years. Current clients include Punch Taverns, Enterprise Inns, Marstons and Mitchells and Butlers. In addition to their knowledge of the pub sector, the team also deals with restaurants, themed and branded bars, clubs, cinemas, health and fitness centres, casinos and bingo facilities.
 
Shaun Skidmore, director of specialist markets at CBRE North West, said: “Given the often challenging climate in the leisure sector at the moment it’s essential that we have experienced and motivated team members such as these advising our clients.”

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WHR Property Consultants has acquired an 80,000 sq ft modern warehouse on Haydock Industrial Estate on behalf of its client, Oak Tyres. 

A 10 year lease at £3 per sq ft was agreed for the property, which is situated on North Florida Road, with the landlord, Cheshire and District Properties.

Simon Hampson of WHR said: “Our client was looking to relocate from its previous head office base in St Helen’s requiring substantially larger premises as part of its long-term expansion strategy. We were able to negotiate a significant rent free period for our client on very competitive terms, which provided clarity to their rental outgoings over the full 10 year lease length.”

CBRE and Jones Lang LaSalle represented the landlord.