Industrial/Warehouse News
The demand for hardstanding land has continued to thrive across the Derbyshire region with a collection of leasehold deals completed in June.
FHP Property Consultants are pleased to have completed on 0.5 acres of land at Drakelow Business Park located in Burton on Trent to a UK leading provider of bond coat spraying and grab lorries. Furthermore, a deal was agreed to let a 0.4 acre yard at Booths Industrial Estate in Ilkeston to a local civil engineering firm.
Dan Mooney of FHP Property Consultants comments:
“There is good demand from all types of businesses for small plots up to 1 acre. We are almost fully occupied at Booths Industrial Estate with another plot under offer and a 0.2 acre plot remaining. The lack of availability is also mirrored at Drakelow Business Park. We are continuing to achieve market rents for our client and have further witnessed a 10-15% increase in rental values in the past 6-12 months across various estates.
In addition to the recent success we are also under offer on two smaller plots comprising 0.25 and 0.33 acres at Drakelow Business Park and a 0.7 acre plot at Booths Industrial Estate. In terms of other availability we are currently marketing a 1.2 acre plot of land at Cat & Fiddle Lane in Ilkeston. The site is suitable for a variety of options such as storage and parking and benefits from good access to Junction 25 of the M1.”
For further information or to discuss any property related matter you have then please contact the FHP Derby Office on 01332 3434222.