Commercial Property News
Image default
North West England Property News UK Property News

Warrington Fire Control Centre bought for £19.50m

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.

Related posts

CBRE Monthly Index: Bleak March Figures Amidst COVID-19 Pandemic

Dominic Gabriel

Financial Preparation Key to Survival – Harper James

Dominic Gabriel

Major Fife Tourism & Leisure Opportunity Seeks Buyer

Dominic Gabriel

Leave a Comment