Industrial/Warehouse News
Following the expiry of the lease to the tenants of 1 and 2 Shipley Court, the landlords asked FHP Property Consultants to act on their behalf to market both units. FHP undertook a widespread marketing campaign and have secured the sale of both of these modern industrial units.
The buildings are situated on the Manners Industrial Estate in Ilkeston, Derbyshire and extend to some 2,920ft² each. Unit 1 was sold to an owner occupier, CBS Couriers, as part of their business expansion. Unit 2 was sold to a local investor and was subsequently re-let by FHP.
Tim Richardson of FHP Property Consultants comments: “we are pleased to have secured the sale of both of these buildings which provide good quality, modern warehouse space on a popular industrial estate. We are also pleased to have been able to re-let Unit 2 pretty much straight away which shows the strength of the local market and demand for modern warehouse space in the area.”
FHP have seen an increase in enquiries for freehold industrial properties in Ilkeston and the surrounding area both from local business and investors looking for commercial properties to purchase and create an income producing asset. With the increase in stamp duty on buy to let residential property we are receiving more enquiries for commercial and industrial buildings but there is currently little available to buy.
For further information, please contact Tim Richardson from FHP Property Consultants on 01332 343222 or email timr@fhp.co.uk .
End. June 2016