Hathaway Warrington Cube p flashbulb

The property was acquired with vacant possession in September 2024. Credit: via Flashbulb

Oak Tyres snaps up 89,000 sq ft Omega shed

Cube RE has completed the letting of Hathaway 89 in the Warrington logistics hotspot to the UK tyre distributor as it looks to expand in the North West.

Cube carried out the transaction for the newly developed building on behalf of the Hathaway Opportunity Fund, its joint venture with the NFUM.

Williams Sillitoe, CBRE and B8 Real Estate advised Cube on the letting of the 89,214 sq ft shed, with Avison Young representing Oak Tyres.

The JV had acquired the building in September 2024 with vacant possession, as Cube looked to expand its industrial and logistics portfolio. An earlier deal had been completed on a Slough shed rebranded as Hathaway 32, also let shortly after acquisition.

TT&G had advised Cube on the acquisition of the property, with Gowling WLG providing legal advice.

Nic Lowry, investment director at Cube, said: “We continue to look to acquire more investments for the Hathaway Opportunity Fund in the industrial and logistics sector, and with the repricing of land and stabilisation of build costs, we are keen to explore development sites in strategic locations.”

Peter Cross, commercial director at Oak Tyres, said: “Adding this new warehouse to our existing network will both bolster our overall storage capacity, and boost our service offer across North West England.

“Omega South is a prime distribution location – well connected to the local motorway network – and places us a step closer to tyre retailers in Warrington, Wirral, Merseyside, and Cheshire.”

Hathaway 89 has a BREEAM Excellent certification and an EPC Rating of A+. The building is situated on Omega Boulevard in Lingley Mere, with easy access to the M62.

Other major occupiers in the area include Amazon, Asda, Hermes, Travis Perkins and Royal Mail.

Your Comments

Read our comments policy

Great deal for the market. Mark Sillitoe probably one of the most prolific agents out there at the moment.

By Mr Sheds

I agree Mr Sheds, Mark is amazing

By She'd head

Related Articles

Sign up to receive the Place Daily Briefing

Join more than 13,000 property professionals and receive your free daily round-up of built environment news direct to your inbox

Subscribe

Join more than 13,000 property professionals and sign up to receive your free daily round-up of built environment news direct to your inbox.

By subscribing, you are agreeing to our Terms & Conditions and Privacy Policy.

"*" indicates required fields

Your Job Field*
Other regional Publications - select below