Well-located warehouse with strong transport links and immediate rental income.
Freehold industrial unit on 0.424-acre site
A freehold industrial investment in Derby, offered with an established commercial tenant and a secure yard. The steel-framed warehouse provides substantial internal volume with a 10m eaves height, integrated two-storey offices and on-site parking for about 13–17 vehicles, all on a 0.424-acre site. The tenant currently pays £53,000 per annum and is holding over under the Landlord and Tenant Act 1954; they have indicated interest in a new lease.
The site benefits from strong road links to the A52 and A38 and straightforward access to the M1, making it attractive to industrial occupiers and investors seeking a well-located unit. The external areas are fenced and gated, and the building presents as typical modern industrial stock with metal cladding and concrete floor suitable for continued occupational use or lettable asset retention.
Notable considerations include the tenancy position (tenant holding over rather than a secured long-term lease), the local high crime statistic which may affect insurance and security costs, and the building’s functional industrial finishes (metal cladding and steel frame) that may require routine maintenance typical of this stock. VAT is understood not to be payable on the purchase price. Interested parties should verify rental uplift potential and make their own enquiries with advisers.
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