Unit 2, The Parker Centre, Mansfield Road, Derby, DE21 4SZ
Size
10,281
Tenure
Freehold
EPC
Parking
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- Primary use
- Other
No floor / site plan
Key features
- Freehold Industrial Investment in Derby, East Midlands
- Industrial / warehouses premises with offices (within a 0.424 acres site)
- Let to Hubner UK Ltd at a current rent of £53,000 pa
- Located on Mansfield Road, within the Parker Centre, Derby
- Potential to secure a new lease with a high quality tenant
Description
The property is an industrial premises which provides open plan warehouse accommodation (with an eaves height of 10m) and a two storey office / welfare section, with external side yard and front parking area (for approximately 13-17 vehicles depending on parking layout).
The building is of steel framed construction with brick & block walls, and metal steel sheet cladding. The warehouse has a concrete floor with an electric roller shutter door to the front (3.76m in height & 4.7m in width). The office section is well appointed with reception, offices, kitchenette, mess room, tool room and WC facilities.
Externally there is a side yard and front parking area which is fully surfaced with security metal fencing and gate access.
Location
The property is located on the Parker Centre, a well established and popular business estate approximately 1 mile North of Derby City Centre, off Mansfield Road and close to its junction with Stores Road and Sir Frank Whittle Road (A61).
The location provides good road links with the A38 (M1 North and West Midlands) and the A52 (M1 South and Nottingham), both accessed via Sir Frank Whittle Way. The M1 (Junction 25) is 7 miles away, located eastwards along the A52.
Tenure
Freehold (title number: DY203566), subject to the existing tenancy detailed in these marketing details.
Tenancy Details / Rental Income
The property is let to Hubner UK Ltd, with the current tenant holding over on a lease within the landlord and tenant 1954 Act at a rent of £53,000 pa. We understand the current tenant is interested in agreeing a new lease.
Asset Management Potential
We are of the opinion that given the demand of the local industrial letting market, the rental level has some potential uplift from the current level.
We would advise interested parties to make their own enquiries with their professional advisers on this matter.
Price
Offers in the region of £950,000. We understand VAT is NOT payable on the purchase price.
- Service charge
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- Business rates
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- Use class
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- Listed building
- No
- Business for sale
- No
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- BREEAM rating
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- Environmental description
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Unit 2, The Parker Centre, Mansfield Road, Derby, DE21 4SZ
About SMC Brownill Vickers, South Yorkshire
Brownill Vickers is a multi-faceted firm of Chartered Surveyors, Valuers and Commercial Estate Agents which was established in 1884. We have an unrivalled reputation for providing good quality, clear and knowledgeable advice to a broad range of clients from our offices in Sheffield and Barnsley.
We are a firm of qualified Chartered Surveyors regulated by the Royal Institution of Chartered Surveyors which means that all of our clients are assured of the very highest professional standards.
Our Director led services include valuation, lease advisory, building surveying & development, property management as well as commercial estate agency dealing with sales and lettings. We also act for clients with acquisition requirements.
We deal with all commercial sectors and have a specialist advisor team dealing with the licensed trade and leisure industries. Residential lettings and real estate investment management services also delivered.
We consider ourselves to be friendly, approachable and pride ourselves at our ability to deliver the best outcomes for our clients. Contact us today to see how we can help you.
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Disclaimer - Property reference 332221-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by SMC Brownill Vickers, South Yorkshire. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.