ProCook sells warehouse to logistics company on sale & leaseback

ProCook Leftfield sale at Gateway 12 Gloucester

UK logistics and distribution company Leftfield has paid £5.15 million to buy a 43,629 sq ft warehouse facility in Gloucester from current tenants ProCook.

Multi-channel cookware retailer ProCook has agreed a 20-year sale and leaseback on the warehouse.

The warehouse is part of St Modwen’s Gateway 12 Business Park. Major occupiers on the park include Amazon, DPD, Parcel Force and Gloucestershire Constabulary’s headquarters.

In July this year ProCook signed a 15-year lease at nearby St. Modwen Park Gloucester for a high-quality 56,000 sq ft unit at the scheme.