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Industrial/Warehouse News
38 Brookhill Road, Pinxton is a detached fully refurbished industrial unit on the established Brookhill Industrial Estate within close proximity to Junction 28 of the M1.
I am delighted to have worked with my client after they acquired this site from Savills working with them throughout the full refurbishment programme to then finding them a tenant. It is excellent to work with clients once they have acquired something to discuss a refurbishment programme viable enough to achieve a good rent and ultimately the desired investment return/yield. I particularly enjoyed working with my client on every aspect of the refurbishment and then strategically finding them a tenant on strong terms which provided my client with the desired outcome.
The refurbishment programme included a brand new roof, full strip out providing clear span warehouse space, strip out of some office space with light refurbishment of the remaining and fully gating the site which was all completed in a very quick timeframe. Throughout the whole refurbishment the property was marketed and subsequently we managed to find a new tenant on excellent terms with both parties extremely happy with the outcome.
The property is of steel portal frame construction comprising two bays of warehouse/manufacturing space fronted by single storey offices. The general specification of the building included:
- Complete landlord refurbishment including brand new roof
- Clear span warehouse space
- Internal office and welfare accommodation
- Fully gated and secure site
- Excellent yard/car parking
- Under 1 mile from the A38 and Junction 28 of the M1 Motorway
Anthony Barrowcliffe of FHP commented:
“I always find it particularly exiting to work with a client who has just purchased a site, throughout the refurbishment programme and to then find a new tenant and provide a level of return on that investment to meet my client’s requirement.”
When my client purchased this building it was highly dilapidated but after a full refurbishment programme it presented excellently and is wonderful asset within my client’s portfolio.
Great terms were achieved and I am very pleased with the outcome”
For further information on this letting or other available units on the market, please contact Anthony Barrowcliffe of FHP on 07557 972008 / anthony@fhp.co.uk