CBGA Robson have been appointed to manage the largest Sainsbury’s Distribution Centre in the north-west.
The building is located on the Haydock Industrial Estate in Haydock and comprises a substantial warehouse facility of approximately 626,000 sq.ft. The unit serves 96 Sainsbury’s sites from the Scottish borders into the North, Leeds, to the East and Stoke to the South.
It is let to Sainsbury’s Supermarkets Limited for a term of 25 years from 24th February 2008 at a current rental of £3.146m per annum. There are rent reviews every five years based on the Retail Price Index. The lease is guaranteed by J Sainsbury Plc.
The tenant has recently made significant investment into the ‘Red Prairie’’ computer system, which is the state of the art logistics computing system of the supermarket industry.
The property is owned by overseas private clients who have been the owners since 2008 and have recently refinanced the property.