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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 | Building Class | B |
| No. Units | 2 | Number of Floors | 1 |
| Total Building Size | 14,916 SF | Typical Floor Size | 14,916 SF |
| Property Type | Industrial | Year Built | 1996 |
| Property Subtype | Warehouse | Lot Size | 3.11 AC |
| Unit Size | 725 - 1,036 SF |
| No. Units | 2 |
| Total Building Size | 14,916 SF |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Number of 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 | Tenure | Freehold |
| Unit Use | Industrial | Net Initial Yield | 4.34% |
| Sale Type | Investment | NOI | £5,859 |
| Unit Size | 725 SF |
| Unit Use | Industrial |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 4.34% |
| NOI | £5,859 |
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 | Tenure | Freehold |
| Unit Use | Industrial | Net Initial Yield | 5.52% |
| Sale Type | Investment | NOI | £10,212 |
| Unit Size | 1,036 SF |
| Unit Use | Industrial |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 5.52% |
| NOI | £10,212 |
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
- EPC - C
- Roller Shutters
- Storage Space
