FHP UNLOCK KEYS ROAD – SUBSTANTIAL FREEHOLD SALE SECURED


July 28, 2014

Industrial/Warehouse News

With the market undoubtedly picking up strongly and demand increasing for both freehold and leasehold industrial and warehouse space, the latest sale secured by Tim Gilbertson of FHP at Keys Road in Alfreton further demonstrates the improvement in the commercial property market.

Following vacation of the building by the former tenant, FHP were tasked by long term clients to sell the vacant property which comprised a substantial building of just under 40,000ft² on a large site of over 3 acres. 

Whist the building sat in a superb location just off the A38 its very dated layout and appearance coupled with the benefit of a large site but hindered by various plateaus which the building and yard sat upon, this was always going to be a challenging instruction. 

However, through judicious marketing extensive interest was generated and terms were agreed quickly with local occupier Storm DFX for their continued expansion.

The deal secured by Tim Gilbertson, Director of FHP, delighted both client and purchaser alike and we take this opportunity to wish Storm DFX further success in their new premises with their ongoing expansion.

Tim Gilbertson commented:

“it was a pleasure acting on behalf of our long standing clients with this disposal especially as the building provided a challenge given its age and the different levels which the building and its yards sat upon.

When appraising the building it was clear that it had any number of significant benefits such as a fantastic location with terrific access to the M1 and A38 and also the large site area.  However, the age and limited loading of the building together with the levels of the site posed problems and careful thought had to be given to both pricing and marketing. 

However, after only a matter of weeks through appropriate targeted mailing and publicity I was delighted to agree terms with the eventual purchaser and equally delighted now to see the deal complete. 

Storm DFX are a local success story and having seen them develop over the years I wish them well with their further expansion and development that this site will now create for them”. 

Tim Wilson, owner and Manager Director of Storm DFX commented: 

“This is the second time we have acquired an additional factory through FHP in the last 2 years and have found them and Tim Gilbertson in particular a thoroughly professional and helpful organisation to deal with.” 

For further information on the deal or to see how FHP can assist with your sale or rental of premises then please contact Tim Gilbertson on 0115 9507577. 

BACK TO NEWS
Xhas now been added to your account

CONTINUE BROWSINGGO TO MY ACCOUNT