Cut-price Cheshire shed changes hands

One 100, a 100,000 sq ft unit at Winsford Industrial Park, has been bought by Parabola Securities for £1.3m, off an original asking price of £2.5m.

Andrew Pexton, director of GVA, marketing agent and LPA receiver, said: "In the current market the sale represents an ideal opportunity for a property company to undertake refurbishment works to the unit to maximise its value. There were a number of parties interested in the unit but Parabola's approach was straight forward and offered the best value."

Lamont & Co were joint agents with GVA. WHR acted for the purchasers in the sale.

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