Investment News | 15 December 2020

Chequers investment

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FHP Property Consultants has completed the sale of a unit on a Derby industrial estate to a local investor.

The firm has sealed the deal for the 2,325 sq ft unit at Chequers Industrial Estate, selling the property for an undisclosed sum.


Darran Severn, from FHP, said: “There are few opportunities available if you are looking to buy an industrial/warehouse unit between 1,000 sq ft and 5,000 sq ft in Derby.

“As a result, we were able to agree the sale of this property before placing it on the market.

“Although I cannot disclose the sale price, I can confirm we achieved a figure over £90 per sq ft, which is strong for second-hand stock.

“I’m currently speaking with a number of local occupiers and investors, who are actively seeking similar buildings up to 15,000 sq ft, and I would be pleased to discuss any further opportunities.”

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