FHP Property Consultants are delighted to bring to the market a high-quality warehouse/potential industrial unit on Wigman Road in Bilborough, Nottingham.

Situated within the established Glaisdale Drive Industrial Estate, the property benefits from great accessibility to Nottingham’s ring road with swift access to both the city centre and Junction 26 of the M1.

Spanning 22,343ft², the property features a modern design with 8-metre eaves together with well-proportioned office space, kitchen facilities and WC amenities. The premises boast a securely fenced and gated rear delivery yard alongside barrier secured car parking to the front elevation of the building. The unit is equipped with two level access loading doors and loading bay as well as a fully racked warehouse which can be customised to suit the incoming tenant.  With heating and lighting already in place, the unit is ready for immediate occupation.

To be marketed by Tim Gilbertson, Amy Howard and Guy Mills of FHP Property Consultants, Guy commented:

“I am delighted to bring to market this quality unit just off Nottingham’s ring road.  It is immediately available and offers top-notch accommodation on a favoured industrial estate, which provides quick access to the centre of Nottingham and Junction 26 of the M1 motorway.

Not many units of this size with this specification even exist around Nottingham so hopefully, with it now being available for a new lease, we will quickly encourage new interest and my colleagues and myself would be delighted to discuss and make arrangements to show the property to any interested parties.”

For further information or to arrange a viewing, please contact Guy Mills on 07887 787884 / guy.mills@fhp.co.uk, Tim Gilbertson on 07887 787893 / tim@fhp.co.uk or Amy Howard on 07887 787894 amy.howard@fhp.co.uk.

ENDS

7 May 2024

• Roller shutter door
• Allocated car parking
• 24/7 access
• Central heating system
• Double glazed windows
• Access to front/rear
• Kitchen and WC facilities
• Security alarm
• Great prominence
• Trunking/sockets throughout

• Loading access
• Communal car parking
• Commercial service elevators x 2
• Full reception/concierge
• Communal WC’s
• 24 hour access – 7 days a week
• 1 year licences on flexible terms available
• No deposit needed

• Loading access
• Communal car parking
• Commercial service elevators x 2
• Full reception/concierge
• Communal WC’s
• 24 hour access – 7 days a week
• 1 year licences on flexible terms available
• No deposit needed

• Loading access
• Communal car parking
• Commercial service elevators x 2
• Full reception/concierge
• Communal WC’s
• 24 hour access – 7 days a week
• 1 year licences on flexible terms available
• No deposit needed

• Excellently located to the M1 and other major arterial routes
• Flexible terms available with annual rolling breaks
• 5 metre eaves
• 3 phase power and gas to each unit
• Fully refurbished communal WCs
• Excellent parking facilities
• Storage containers also available on site to rent

• Excellently located to the M1 and other major arterial routes
• Flexible terms available with annual rolling breaks
• 5 metre eaves
• 3 phase power and gas to each unit
• Fully refurbished communal WCs
• Excellent parking facilities
• Storage containers also available on site to rent

• Modern specification throughout
• Excellent access to Junction 27 of the M1
• Onsite parking available
• Mixture of both cellular and open plan accommodation
• Available on flexible lease terms
• Situated on an established business park

• Available for sublease or assignment
• Simple clear span space
• Modern steel portal frame construction
• Shared yard/allocated parking
• Competitive rent

The industrial property market has shown notable resilience throughout 2023, with sustained demand for small units and a continued lack of supply due to limited new build stock being brought forwards in the sub 5,000 sq ft market.  Investors continue to be drawn to the sector’s stability, with vacancy rates remaining low and rents remaining robust despite the challenges in the wider economy.

Given the fledgling nature of many of the occupiers in the sub 5,000 sq ft market, we see strong demand for properties which can offer shorter, more flexible leases incorporating tenant break options which allow occupiers to expand or contract should their property needs change.  Landlords who own property in the small industrial sector are well served to offer simple lease agreements to give occupation quickly to tenants who can otherwise become frustrated by delays in prolonged legal negotiations.

Viability of new-build industrial developments offering small units to cater for local demand continues to be challenging given the level of build cost and uncertainty over long term values. As such we expect the mismatch between supply and demand to continue, which will only serve to keep rents at sustainable levels and marketing periods low.  Since the 2030 Agenda for Sustainable Development was announced in 2015, up to date regulations have seen developers take on increased costs as they have needed to incorporate eco-friendly materials and technologies into their practices to construct energy efficient, environmentally friendly properties. These measures, while crucial for long term environmental benefits, pose financial challenges to developers.

There is an increasing demand for owner-occupied industrial units below 5,000 sq ft due to growing interest from small, local businesses seeking designated spaces. Entrepreneurs are increasingly opting to own rather than lease, driven by stability and long term cost benefits.  The market for freehold industrial units continues to be scarce, further provoking copious demand for the units which are being brought to the market.  Furthermore, as the industrial property market is a focal point for investors, it is becoming increasingly difficult for small businesses to secure and occupy these properties against the capital of investors.

For further information, please contact Guy Mills on 07887 787 884 or guy.mills@fhp.co.uk.

• Loading access
• Communal car parking
• Commercial service elevators x 2
• Full reception/concierge
• Communal WC’s
• 24 hour access – 7 days a week
• 1 year licences on flexible terms available

• Established industrial location
• Rare freehold opportunity
• Well presented industrial/ warehouse space
• Comprising three individual units
• Car parking available
• Good access to the A60, Mansfield’s main ring road

• Highly refurbished industrial units
• 4.5 metre eaves
• 3 Phase power and electric roller shutter doors
• Clear span industrial space to a shell finish
• Established industrial location
• Shared secure yard/forecourt with allocated car parking
• Immediately available

• Highly refurbished industrial units
• 4.5 metre eaves
• 3 Phase power and electric roller shutter doors
• Clear span industrial space to a shell finish
• Established industrial location
• Shared secure yard/forecourt with allocated car parking
• Immediately available

• Industrial unit with offices and WC facilities
• Recently refurbished to a very high standard
• Full height roller shutter door and 3 Phase power
• Flexible lease terms
• Fantastic transport links (A1 and A46)

• Two storey detached office building
• Separate garage/stores
• Self contained rear yard
• Hybrid use (office and industrial)
• Established location
• Immediately available

• Two storey detached office building
• Separate garage/stores
• Self contained rear yard
• Hybrid use (office and industrial)
• Established location
• Immediately available

• Good quality industrial unit situated within a secure gated yard
• Electric roller shutter door
• 5 metre eaves height
• Designated car parking spaces available
• Good access to Nottingham / A60 Mansfield Road
• Available immediately on flexible terms

• Brand new refurbished space
• Air conditioning/trunking
• WC and kitchen facilities
• Ideal for a variety of uses particularly health sector users
• 24/7 access
• Immediately available
• Flexible terms available

• Highly refurbished industrial units
• 4.5 metre eaves
• 3 Phase power and electric roller shutter doors
• Clear span industrial space to a shell finish
• Established industrial location
• Shared secure yard/forecourt with allocated car parking
• Immediately available

• Highly refurbished industrial units
• 4.5 metre eaves
• 3 Phase power and electric roller shutter doors
• Clear span industrial space to a shell finish
• Established industrial location
• Shared secure yard/forecourt with allocated car parking
• Immediately available

• Highly refurbished industrial units
• 4.5 metre eaves
• 3 Phase power and electric roller shutter doors
• Clear span industrial space to a shell finish
• Established industrial location
• Shared secure yard/forecourt with allocated car parking
• Immediately available

• Loading access
• Excellent car parking
• 24 hour access – 7 days a week
• Available immediately
• Service charge – £1,680 per annum