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Hallam Fields Rd
Ilkeston DE7 4AZ

Industrial Property For Sale · 14,916 SF

Investment Highlights

  • 3 Modern terraced warehouse units with a dedicated forecourt, within a secured yard
  • Available separately or together: Total floor area of 2,486 sq ft measured on a Gross Internal Basis
  • Highly prominent location adjacent to the M1 and within the established industrial estate of Ilkeston

Executive Summary

Ilkeston’s established industrial estate is situated approximately 3 miles south of the town centre and 1 mile east of the Quarry Hill Industrial estate. The property occupies a prominent position fronting Hallam Fields Road, the immediate vicinity comprises predominately industrial and professional businesses, nearby occupiers include Intersped Logistics, DPL Self Storage, Nottingham Tyre and Ward recycling to name but a few.

PROPERTY FACTS

Unit Size 725 - 1,036 SF
No. Units 2
Total Building Size 14,916 SF
Property Type Industrial
Property Subtype Warehouse
Building Class B
Floors 1
Typical Floor Size 14,916 SF
Year Built 1996
Lot Size 3.11 AC

2 Units Available

Unit Unit 6

Unit Size 725 SF
Condo Use Industrial
Sale Type Investment
Tenure Freehold
Cap Rate 4.34%
NOI $10,560.64 CAD
Description

The property comprises modern terraced warehouse units, of a steel frame construction with brick and block elevations, under sheeted mono pitched roofs.
The units have an approximate maximum to minimum eaves heights of between 4.8 - 4 meters.

The units are configured to provide an open plan layout, fitted out to a good specification including level access roller shutter doors, APS security and fire alarms, translucent roof sheets and LED lighting providing a mixture of natural and artificial lighting. The property also benefits from prominent frontage to Hallam Fields Road off which there is a dedicated forecourt within the
secured yard.

The units benefit from good staff welfare provisions including toilets and kitchenettes.

Sale Notes

The property is available in part or as a whole, on a freehold basis, subject to the occupational tenancies.

Unit 6 was let to AHC Groundworks Ltd, the lease expired on 31st February 2022, the tenants currently operate on a monthly license at a rental of £6,300 per annum.

Unit Unit 7

Unit Size 1,036 SF
Condo Use Industrial
Sale Type Investment
Tenure Freehold
Cap Rate 5.52%
NOI $18,406.76 CAD
Description

The property comprises modern terraced warehouse units, of a steel frame construction with brick and block elevations, under sheeted mono pitched roofs.
The units have an approximate maximum to minimum eaves heights of between 4.8 - 4 meters.

The units are configured to provide an open plan layout, fitted out to a good specification including level access roller shutter doors, APS security and fire alarms, translucent roof sheets and LED lighting providing a mixture of natural and artificial lighting. The property also benefits from prominent frontage to Hallam Fields Road off which there is a dedicated forecourt within the
secured yard.

The units benefit from good staff welfare provisions including toilets and kitchenettes.

Sale Notes

The property is available in part or as a whole, on a freehold basis, subject to the occupational tenancies.

Unit 7 has been let to Blanks R US Wholesale Ltd for a term of 1 year with effect from 1st March 2022 at a rental of £11,040 per annum.

Amenities

  • Energy Performance Rating - C
  • Automatic Blinds
  • Storage Space
  • Listing ID: 26936261

  • Date on Market: 2022-10-26

  • Last Updated:

  • Address: Hallam Fields Rd, Ilkeston DE7 4AZ

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