The North West Operational Fire & Rescue Headquarters at Lingley Mere Business Park in Warrington has been purchased in a £19.50m deal by private clients of Deutsche Bank.
The 25,000 sq ft facility was built in 2009 to jointly handle emergency calls for the Fire Authorities of Greater Manchester, Cheshire, Lancashire and Cumbria.
Craig Barton, who along with Jason Winfield at Cushman & Wakefield, represented the vendor (AAIM), commented: “We are delighted to conclude this disposal on behalf of our client. The process was highly competitive, as there is [a] strong appetite for quality buildings with long-term income, to good tenants. It is also another a reflection of the strength of Warrington, both as a destination which occupiers desire, and which investors want to secure real estate within.”
Fire Control North West are tenants of the building and have a lease running to June 2033.