Oak Tyres

Tyre firm signs in Haydock

WHR Property Consultants has acquired an 80,000 sq ft modern warehouse on Haydock Industrial Estate on behalf of its client, Oak Tyres.

A 10-year lease at £3/sq ft was agreed for the property, which is situated on North Florida Road, with the landlord, Cheshire & District Properties.

Simon Hampson, partner at WHR, said: "Our client was looking to relocate from its previous head office base in St Helens requiring substantially larger premises as part of its long-term expansion strategy. We were able to negotiate a significant rent-free period for our client on very competitive terms, which provided clarity to their rental outgoings over the full 10-year lease length."

Hampson continued: "Over the last 12 months, the WHR industrial team has been involved in some of the most high profile acquisitions in the North West including Regatta at Pioneer Point, 151 Products in Manchester and LGC at The Green in Bury."

CBRE and Jones Lang LaSalle represented the landlord.

Your Comments

Subscribe to our newsletter