SOLD – WAREHOUSE/ INDUSTRIAL UNIT WITH LARGE SELF CONTAINED YARD IN COLWICK, NOTTINGHAM

Industrial/Warehouse News

FHP are delighted to announce the sale of the former JK Design & Manufacture Limited premises on Private Road No.1, Colwick Industrial Estate, Nottingham.

The property comprises a two storey office block to the front elevation with clear span production/warehouse space to the rear.  There is a car park to the front and a very large self contained rear yard.  The property is detached and securely fenced with a large incoming power supply and measured 1,737.37m² (18,701ft²) on a circa 1.2 acre plot.

Colwick is a very established industrial location and we are very pleased that the buyer has decided to retain FHP as their letting agents whilst they undertake a substantial refurbishment.  The unit has already been stripped out and brand new cladding has been ordered.  Works scheduled include full refurbishment of the office block, new roller shutter doors, new cladding on all elevations, redecoration throughout, new lighting, replacement/repair of roof lights, external landscaping, new fencing and car park re-lining.   The property’s EPC will also be significantly improved and we are offering this property at a very competitive rent of £6.42 per sq ft in a market starved of good quality warehouse space with large self contained yards.  The general specification of the building includes:

• Steel portal frame industrial unit
• Two storey offices to front elevation of open plan and cellular space including reception and board room facility
• Solid concrete floors throughout
• Gated and secure site
• Front staff car parking
• Numerous roller shutter doors
• 3 Phase power (large incoming supply)
• Lighting throughout
• Translucent roof lights
• WC’s, kitchen and ancillary space

Anthony Barrowcliffe of FHP commented:

“We are delighted that we managed to sell this building and to do so off market, this method suited the vendor as well as the purchaser.  The purchaser has already commenced the full refurbishment and we are delighted that we have been retained to find them a new tenant.  

I have worked alongside the purchaser previously and am very excited to see the high level of refurbishment that they will undertake and to see the end product once the refurbishment has completed which is expected for April 2025.  

We are always hungry for new freehold instructions and have a fantastic database of live requirements and clients who are eager to buy alongside a really good database of tenants looking to let, especially within Nottingham.” 

For further information on this transaction or other available units on the market, please contact Anthony Barrowcliffe of FHP on 07557 972008 / anthony@fhp.co.uk.