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A freehold multi-let industrial investment at Trafalgar Park, Derby, compromising two industrial units, extending to approximately 29,850 sq. ft and 14,250 sq. ft respectively, together with a parcel of industrial outdoor storage land extending to 0.4 acres. The property is well located and benefits from strong underlying fundamentals, offering both secure income and immediate asset management opportunities in a market characterised by a limited supply of existing industrial units of this size, alongside a scarcity of industrial storage land.
The larger industrial unit is currently occupied by Biffa under a lease expiring in 2033, with the smaller industrial unit and storage land available for immediate occupation. Plans are underway to enhance the vacant industrial accommodation through a comprehensive programme of refurbishment, presenting a high specification unit to the market.
Trafalgar Park is a secure and well-established industrial estate accessed off Victory Road, neighbouring Victory Park industrial estate, and located to the south of Derby City Centre close to Rolls Royce Plc’s Derby Aerospace Campus.
Both the vacant industrial accommodation and storage land are to be marketed on a ‘to let/may sell’ basis.
