FHP SWITCH ON THE POWER AT VICTORY PARK!


October 20, 2011

Industrial/Warehouse News

Jonathan Sayer of FHP Property Consultants has brokered the sale of Unit 11 Victory Park, Derby along with an additional 0.91 acre plot to Western Power.

FHP, acting as joint agents alongside Salloway, completed the sale of the modern industrial unit extending to 27,607ft² on behalf of Revelan Group Plc. The unit forms part of Revelan Group’s high quality Victory Park development situated on Victory Road and adjacent to Rolls Royce.  In a little over 12 months 3 new occupiers have been welcomed to the scheme including NDT Services, Gardner Aerospace and now Western Power totalling over 100,000ft² of space being sold. 

The deal concluded saw Toyota Tsusho vacate their unit ahead of their lease expiry in December, and the transaction being completed within a matter of weeks of instructing solicitors. 

Jonathan Sayer of FHP Property Consultants who acted on behalf of Revelan Group commented:

“This Is an excellent result in what remains a challenging market. The speed within which a purchaser was found underlines the lack of good quality modern industrial accommodation within the City.

With a further 9,000ft² ready for occupation and Design and Build options of up to 60,000ft² for new industrial and warehouse space we are well placed to meet occupiers requirements in the market and welcome the opportunity to speak with occupiers.
 

We wish Western Power all the best in their new premises and look forward to speaking with further occupiers about what we can offer at Victory Park.” 

Anna Kirk of Jones Lang LaSalle acted on behalf of Western Power.

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