Invista continues run of Warrington deals

Invista Real Estate has completed 40,000 sq ft of lettings in two deals at Gawsworth Court at junction 11 of the M62.

Nightfreight agreed a new five-year lease on 18,763 sq ft to expand its Warrington depot, and AVC has relocated its North West facility by taking 18,093 sq ft to service its contract with BSkyB. Both lettings were based on a rental of £4.50/sq ft.

Letting agent Paul Cook, associate director of industrial agency at CB Richard Ellis North West, commented: "Although the number of leasehold transactions has diminished over the past few years, lettings at Invista's Gawsworth Court goes from strength to strength, which is illustrated by the two recent lettings to Nightfreight and AVC Group.

"Total take-up in the past six months is 80,000 sq ft, which is a result of comprehensive refurbishment undertaken on vacant units."

CBRE advised landlord Invista Real Estate on both deals. Davies Harrison acted as joint agent.

Your Comments

Subscribe to our newsletter