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Stretton sells 44,000 sq ft of North Wales warehousing

Developer Stretton Estates has sold more than 44,000 sq ft of warehouse space at its Expressway 56 scheme on Deeside Industrial Park, north Wales.

Edwin C Farrall Transport has taken one unit of 22,580 sq ft and another of 21,720 sq ft, paying close to the asking price of £50 per sq ft.

The sale means all units at Expressway 56 are now occupied, with MTB Equipment recently taking a third warehouse of 20,000 sq ft.

David Newman of joint agent Matthews and Goodman, said: “The sale demonstrates the demand for high quality freehold premises along the A55 corridor.”

Other occupiers on Deeside Industrial park include Toyota, Iceland and BASF.

Lamonts and Matthews & Goodman are joint agents on the scheme.

References: EGi News 09/08/05

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