Agents seek buyer or tenant for 151,000 sq ft distribution facility near Runcorn
Cushman & Wakefield has been appointed as sole agent for The Cube by the vendor Parker Hanafin, which previously occupied the site but is now moving its manufacturing operations overseas
A purpose-built 151,000 sq ft distribution facility close to Runcorn has come on to the market for sale or let.
The Cube at Preston Brook was built in the late 1990s and the warehouse space is arranged across two interconnecting separate bays.
Cushman & Wakefield has been appointed as sole agent by the vendor Parker Hanafin, which previously occupied the site but is now moving its manufacturing operations overseas.
Sam Royle, senior surveyor in Cushman & Wakefield’s logistics & industrial team, said: “This is a rare opportunity to secure a high specification facility in a strategic location.
“One of the key selling points of the building is the eaves height in the high bay section which are up to 28m and we believe to be the loftiest distribution facility available in the North of England at present.
“The previous occupier, Wincanton Logistics, utilised this section of the building to its maximum cubic capacity with over 32,000 pallet positions.
“Since acquiring the premises from Wincanton in 2013 our client has invested more than £3m into the building and it now provides fully refurbished high quality offices, an increased number of loading bays and a super flat floor in the high bay warehouse.
“We are already witnessing strong demand from the distribution and logistics sector and there is also appetite from the investor market which has responded well to the initial marketing campaign.”
The Cube is located within one mile of junction 11 of the M56 motorway between Runcorn and Warrington.