**Key Features:**
- Currently leased with an annual rent of £26,500, new 10-year FRI lease starting July 2025
- Part of a prestigious industrial development
- Constructed in early 2025 with modern, high-specification design
- Very large space with an open plan layout, high ceiling (approximately 5.5m eaves height)
- Convenient off-street parking and loading area
- Potential concerns for mortgage lenders due to the lease term
This modern industrial unit, situated in a prominent new development in postcode DE24 8AL, offers a fantastic opportunity for both investors and businesses seeking substantial space for operations. The large open plan layout with double-height ceilings provides flexibility for light manufacturing or warehousing. Built in 2025, the property features contemporary steel cladding and insulated roofs, ensuring efficiency and minimal maintenance.
While it boasts an advantageous lease with stable rental income, potential buyers should be aware that mortgage lenders may have reservations due to the lease length. Additionally, the surrounding area is marked by high crime and economic deprivation, which could impact desirability for certain tenants.
Investors looking for a solid, long-term opportunity in an established employment hub will find significant value here. Proximity to various amenities, including schools and convenience services, adds to its attractiveness. With competitive pricing at £425,000, act quickly to seize this promising commercial proposition amidst a growing urban landscape.