Agent announces sale of architecturally renowned building

Salloway Property Consultants has completed the sale of an iconic business premises in Derby.

Olivetti House, in Downing Road, on the West Meadows Industrial Estate, occupies a 1.02-acre site and provides more than 8,500 sq ft of office, industrial and storage accommodation, together with a secure yard and workshop.

The detached 1970s building, originally designed by renowned architect Edward Cullinan for the Italian typewriter manufacturer Olivetti, comprises a mixture of office and storage accommodation, alongside a separate steel portal frame workshop.

William Speed, associate director at Salloway Property Consultants, said: “We’re delighted to have completed the sale of Olivetti House.

“The property offered a really interesting combination of accommodation and land, which is increasingly difficult to find in Derby.

“Having over an acre of secure commercial land, together with more than 8,500 sq ft of accommodation, gave the property genuine flexibility and attracted strong interest from the market.

“It is another good example of the demand we are seeing for well-located freehold commercial property across Derby, particularly where occupiers can acquire a substantial site rather than simply lease accommodation.”