Unit 10, Plot 8 Enterprise Way_Property for Sale
Unit 10, Plot 8 Enterprise Way_Property for Sale
Jubilee Business Park, Derby, Derbyshire, DE21 4BB, UK

Unit 10, Plot 8 Enterprise Way

Asset Description

A detached modern industrial unit of steel portal framed construction with brick and block elevations

surmounted by a pitched roof with part translucent panels.

Warehouse specification includes:

  • 1 electric up and over roller shutter door
  • 7m eaves height
  • Solid concrete floor with painted block elevations
  • Gas fired heating
  • LED lighting
  • Ground floor meeting room/office, canteen and changing facilities
  • First floor office accommodation with kitchenette
  • Ample car parking and yard area

As part of the tenant’s fitout, a tunnel has been constructed, connecting the unit to the adjacent property. This tunnel will be removed, and the unit reinstated to its prior condition, when the tenant vacates.


Investment Highlights

  • Modern detached warehouse situated on the established Jubilee Business Park approximately 1.5 miles from Derby City Centre
  • Excellent transport links, being positioned immediately adjacent to the A61 providing access to the A38 and J25 of the M1 via the A52
  • Extends to a total of 7,269 sq ft across ground floor warehouse and ancillary first floor offices
  • Let to Hydratight Limited (guaranteed by Enerpac Holdings Limited) on a full repairing and insuring terms with 1.85 years to expiry 
  • A highly reversionary passing rent of £54,250 per annum reflecting only £7.46 psf, with rents in the surrounding area in excess of £9.00 psf
  • Immediate asset management options, with the existing tenant actively seeking to surrender or assign the lease, offering a route to either vacant possession or a rental reversion with a new occupier
  • Freehold


We are instructed to seek offers in excess of £650,000 subject to contract and exclusive of VAT .

A purchase at the level reflects an attractive net initial yield of 7.93%, assuming standard purchaser’s costs, and represents a low capital value of only £89.42 psf


Asking price
Building area gross
653 m²

Contact brokers

Unit 10, Plot 8 Enterprise Way (0 Properties)

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Last updated
23 May 2024