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.
Read more at: The Business Desk