M58, Skelmersdale

Agency

M58, Skelmersdale

Property description

  • B8RE was instructed as sole agent to dispose of the lease interest on a large distribution facility that was surplus to requirements.
  • B8RE launched the property to the market targeting local/national occupiers, sourced regional 3PL Kammac Plc and negotiated a sub-lease of the whole property to them up to the expiry of the lease
  • B8RE Successfully disposed of the clients leasehold interest within 6 months of commencing marketing facilitating the removal of a £15m liability from the clients balance sheet
  • B8RE managed the marketing process, negotiated lease terms and advised through legals to a successful conclusion of the lease
Client
Accrol Papers
Date
March 2018
Size
365,000 sq ft
Tenancy
Kammac Plc
Type
Single-let distribution unit