Industrial/Warehouse News
West Hallam Industrial Estate covers 118 acres and includes over 100 buildings totalling some 1.28 million square feet. The estate is situated in Derbyshire, 7 miles north east of Derby and 10 miles west of Nottingham.
The industrial estate comprises a variety of buildings and most recently three new units were constructed comprising 36,000ft2 of new industrial/warehouse accommodation.
We are pleased to confirm that all three units are now let following the latest letting which completed at the start of May 2024. The lettings were concluded by joint agents FHP Property Consultants and Geo Hallam & Sons.
Darran Severn of FHP Property Consultants commented:
“This has been an excellent result for our clients who have invested heavily to deliver these new units. Pleasingly the scheme has been a success, with first being let prior to practical completion and the remaining units let within 6 months after practical completion. Due to the success of this phase of development, our clients are looking to press ahead with Phase 2 which will deliver units from 3,000ft2 to 6,000ft2 and further details will be released in due course.”
Giles Davis, of Geo Hallam commented:
“From the outset there has been a lot of occupier interest in these new buildings which were constructed speculatively by our clients. There is pent up demand there which bodes well for future phases where a range of sizes will be offered which will attract interest from a wider range of occupiers.”
For further information on these lettings, or to discuss current availability at West Hallam Industrial Estate, please contact Darran Severn on 07917 460 031 / darran@fhp.co.uk or Giles Davis on 07702 516860 / gdavis@geohallam.co.uk.
ENDS
May 2024