Double deal success for Wincanton

Wincanton, advised by Savills and Cushman and Wakefield, has sold the Ocean Trading Estate at Trafford Park in Manchester to Legal & General Property, and sublet space at the RD Park in Hoddesdon in Essex to Poundland Limited. At Trafford Park, Legal & General Property has agreed a price of £3.6 million for the site totalling 7.68 acres with internal warehousing space of 123,142 sq ft (11,440 m²).

In Hoddesdon, Wincanton has agreed a sub-let to Poundland at Unit A, RD Park, which comprises 217,833 sq ft (20,237 m²) of extensively fitted-out frozen, chilled and ambient distribution space, on a lease expiring in December 2015. The unit benefits from a prime location close to the A10 and M25. Poundland Limited was represented by BNP Paribas Real Estate. Legal and General was advised by Moriarty & Co..