THE £2.2m sale and leaseback deal on the Warrington warehousing and distribution hub of Dinex Exhausts has been completed.
Acting on behalf of Dinex Exhausts, the Manchester office of Colliers International sold the 40,810sq ft facility built in the mid 1980s to BLME Light Industrial Fund, reflecting a yield of 7.83%.The single storey detached industrial unit at 14 Chesford Grange on a 1.78-acre site near junction 21 of the M6 motorway is let to Dinex Exhausts on a new 10-year lease with an intitial rent of £18...
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