North West specialist industrial agents LM6, acting for developer Seybourne, have sold a 35,000 sq ft design and build facility on a 2-acre plot at Duo on Gorsey Lane, Widnes, in a deal worth over £3.5m.
The purchaser is Toolbank, Europe’s leading distributor of hand and power tools, has now relocated its staff to the new building from Stretton in Warrington following delivery of the completed building. The move to Duo, which was formerly known as Easter Park, follows significant expansion by the company.
Commenting on the deal, Phil Morley of LM6 said: “The company was drawn to Widnes as it is a fantastic location from which to operate, with easy access to the north west’s motorway network. It is the perfect location for a rapidly growing distribution company such as Toolbank and they have been able to design a building which exactly suits their requirements.”
He added: “There is the potential to deliver a further 50,000 sq ft in total across the Duo site and we are actively dealing with further enquiries for the remaining space.”
Toolbank were represented by Blue Tile Property Consultants and LM6 acted for Seybourne.