BB&J Commercial is pleased to announce the successful letting of the Zul Building, Shaftesbury Street South, Derby, a well-located industrial unit located within the popular Sir Francis Ley Industrial Estate.
Extending to approximately 4,470 sq ft (415 sq m), the property attracted strong interest due to its high-quality construction, flexible internal layout and excellent connectivity to major transport routes including the A52, A38, and A50.
The unit was originally designed and constructed to support the restoration of historic Formula One race cars, a specialist use that required precision-built accommodation and high-quality specification throughout.
Built by Warings Buildings, the same contractor responsible for the prestigious Williams Grand Prix workshops, the building carries a unique pedigree rarely seen within local industrial stock.
As the former owner began to step back from day to day operations, the decision was made to bring the property to market and identify a suitable new occupier to continue the building’s legacy.
Following a targeted marketing campaign, BB&J Commercial secured interest from several prospective occupiers, ultimately introducing Ideaal Flooring Ltd, who were identified as the ideal tenants to take forward the next phase of the building’s use.
Liaz Jakhara, Landlord and Director of Zul Limited, commented: “The ZUL Building was specifically designed to meet my needs for restoring historic F1 race cars. It was constructed on the land where the porta cabins once stood during the development of the estate by Ford and Weston.
The building was built by Warings Buildings, the same company that constructed the Williams Grand Prix workshops and although they don’t normally operate in the Derby area, they kindly agreed to take on the project as a special favour for me.
Now, at 63 and beginning to wind down, I decided it was time to vacate the building. It was a difficult decision, so I contacted BB&J Commercial, who I had previously dealt with when purchasing the land.
Within a few days, Cameron had arranged several viewings. I met with Marius and Andreea Stroi, Directors of Ideaal Flooring Ltd who were genuine and, in my opinion, the best candidates to take over the building. The entire process was handled professionally and I was always able to get assistance when needed.
I will definitely use BB&J Commercial again in the future and will highly recommend them to friends and family.”
Cameron Godfrey, Surveyor at BB&J Commercial commented: “Working with Liaz on the letting of the well-known ZUL Building was a real privilege. Given the bespoke nature of the property and its unique history, it was important to find an occupier who not only recognised its value but could also make full use of its specialist features.
Ideeal Flooring Ltd stood out immediately as the right fit and we’re pleased to have facilitated a smooth transaction and to have achieved a successful outcome for all parties involved”.
For further information about available industrial property opportunities, contact the team today.
Call: 01332 292825
Email: commercial@bbandj.co.uk
