Valley Point distribution facility has been sold by Denholm Logistics Group to EP Properties for an undisclosed sum in a deal brokered by Colliers International. Colliers acted for Denholm

An 88,000 sq ft warehouse complex in Newton-le-Willows has changed hands in a major deal.

The Valley Point distribution facility has been sold by Denholm Logistics Group to EP Properties for an undisclosed sum in a deal brokered by Colliers International. Colliers acted for Denholm.

With the complex currently unoccupied, EP Properties plans to let or sell the 6.11-acre site to a new occupier or occupiers.

Valley Point comprises one warehouse of 37,344 sq ft with offices and canopies taking the total amount of space to 47,113 sq ft, another standalone warehouse of 41,221 sq ft and a total of 90 parking spaces overall.

The facility sits within Valley Point Industrial Estate and provides easy access to junction 23 of the M6 and the A580 East Lancs Road.

John Sullivan director, industrial and logistics at the Manchester office of Colliers, secured the sale and said: “The sale on behalf of Denholm Logistics Group was particularly pleasing because the site had become surplus to their requirements.

“Large freehold opportunities such as Valley Point rarely come to market, and especially any so close to the M6.”