Property overview

Super W, Lyncastle Road, Warrington, WA4 4SN

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£32,100,000
Dec 2022

Atlas Real Estate has sold the freehold interest in Super W, a 246,136 sq. ft. (22,866 sq. m.) newly built prime distribution warehouse unit in Warrington, on behalf of Tungsten Properties.

 

Super W is situated in an established distribution warehouse location at the intersection of the M6 and M56 motorways, just four miles south of Warrington town centre. Manchester Airport is within a 14-minute drive and Liverpool airport within a 26-minute drive time.

 

The building is rated BREEAM Very Good and achieved Net Zero Carbon Accreditation in construction.

 

In August 2022, Super W was let to Farmfoods Limited on a 25-year lease at a rental of £1.7 million per annum for their distribution warehouse.

 

The property was sold to Leftfield Capital for £32.1 million reflecting a net initial yield of 4.96%.

 

Andrew Franck-Steier commented: “We were delighted to act for Tungsten Properties on this best in class sale. Leftfield’s performance was exemplary, and it was great to work with Acre Capital on the transaction.”

 

Acre Capital Real Estate acted on behalf of Leftfield.