The property comprises a modern detached warehouse configured as two intercommunicating units being of a steel portal frame construction with insulated blockwork infill walls and part decorative brick and part colour coated profile steel cladding to the elevations and roof.
It occupies a well configured self-contained site with perimeter palisade fencing and gated entrance onto a large concrete surfaced yard onto which each unit has an electrically operated sectional loading door, one of which has the benefit of a canopied loading area.
Internally, the units benefit from sectional concrete floors, overhead space heaters x 4, overhead sodium lighting, scattered roof lights, approximately 5.28m to the underside of the haunch, administrative office, kitchenette and male/female WCs.
Location
The premises are situated on the Kingsway Industrial Estate, approximately 2 miles west of Derby City Centre and within very close proximity to the A38 between Kingsway and Markeaton Island, providing excellent road links with the A38 / A50 / A52 network.
The property occupies a prominent corner position with nearby occupiers including Zanfish Wholesale, Aston Engineering, Wilkinsons Coach Builders, Trusty Pet Supplies and Clip n Climb.
Accommodation
The property has been measured on a gross internal basis and all figures are quoted for guidance purposes only.
Warehouse - 15,585 sq ft (1,447.939 sq m)
Canopy - 2,017 sq ft (187.393 sq m)
Total - 17,602 sq ft (1,635.332 sq m)
The site extends in total to approximately 0.286 hectares (0.707 acres).
Terms
Tenancy - The property is let to Irongate Group Limited for a term of 5 years with effect from 11 December 2015 at a rental of £72,000 per annum.
Price - The vendor is seeking offers in excess of £995,000 (Nine Hundred & Ninety Five Thousand Pounds) subject to contract and exclusive of VAT, for the benefit of the freehold interest in the property.
Specification
- Established warehouse / industrial location.
- Excellent road connectivity.
- Modern construction.
- Let to Irongate Group Limited until 10 December 2020
- Strong vacant possession value.