BB&J Commercial shed light on the growing demand within one of Derbyshire’s largest market towns.
Demand for commercial property in Ilkeston remains strong across all sectors. Having been involved in several transactions over the last 12 months, the Ilkeston property market is certainly on the rise with BB&J being the town’s most active commercial property agent.
Recent transactions include: –
The sale of 2 Orchard Court, Crompton Road – a newly built semi-detached industrial unit 1,924 sq ft / 197 sq m in size sold for a figure of £275,000. Such was the interest in this unit it went to best and final bids.
The successful let of the former ‘Pipeline Solutions’ industrial unit located on Lower Granby Street recently took place for £32,000 per annum exclusive with the unit spanning approximately 5,054 sqft / 471 sqm.
Further recent successes have been the completion of a letting at Unit 3 Rutland House, a mixed-use warehouse located on Nottingham Road adjacent to Screwfix and Travis Perkins with a lease of £32,000 per annum exclusive achieved. BB&J Commercial have also just let 59 Bath Street, a prominently positioned retail unit within Ilkeston town centre for an agreed figure of £7,500 per annum.
Cameron Godfrey, surveyor at BB&J Commercial commented “Over the last 12 months Ilkeston and the surrounding boroughs have seen a rise in the demand for Industrial, land and retail acquisitions from investors, developers and occupiers alike. With the town’s unique position on the Derbyshire and Nottinghamshire border it offers fantastic logistical benefits from a commercial perspective most notably with its close proximity to the M1 Motorway. All areas of the market continue to see interest though the industrial sector is the one where we are seeing most demand which continues to drive prices.
As seen with our recent activity, Ilkeston is certainly an enticing opportunity to invest. We are currently marketing a number of opportunities in the town including investment opportunities and units to let. We also have further opportunities coming to market across all sectors and I would urge any interested party get in touch to discuss what BB&J Commercial has to offer.”
If you are looking to sell an existing property or need more information on our available properties within Ilkeston, get in touch with Cameron Godfrey on 07775 001877 or alternatively email c.godfrey@bbandj.co.uk
