Pitalia has completed a sale and leaseback investment at a well-known industrial estate in Cheshire – a freehold of a 71,225 sq ft warehouse on the Winsford Industrial Estate for £3.58m.

The warehouse will be leased back over ten years to an undisclosed tenant at a rent of £305,000 per annum with a tenant break after five years.

Last year, Pitalia Real Estate completed the £8m acquisition of Units 1-3 on Road Five at Winsford Industrial Estate.