Investment News | 25 January 2023
Investor snaps up industrial unit
A deal has been completed for a unit a Derbyshire industrial estate.
An unnamed local investor has spanned up unit E15 at Langham Park, in Lows Lane, Ilkeston.
Langham Park is an established industrial estate situated near the J25 of the M1.
The 759 sq ft property that has been sold comprises of a mid-terraced modern warehouse unit.
Jamie Gilbertson, a surveyor at FHP Property Consultants, which secured the deal, said: “I’m delighted the sale of this property has completed.
“The property had strong interest throughout the process and having multiple offers enabled us to achieve a very strong price of £200 per sq ft.
“I rarely went a week without a call or enquiry on this unit and I wish we had more to sell given the popularity.
“This has been a great outcome for both our client and the new owner, and I wish them every success.”