Derby Distribution Centre
Derby Distribution Centre and the adjacent Sinfin Central Industrial Estate were previously owned by our clients Evans of Leeds and more recently part of the Brightsea SARL fund, managed by F&C REIT Asset Management. Our client is now Hudson Advisors UK Ltd, which runs the scheme for Lone Star.
Industrial agency expertise
- 1 million sq ft of space let in the last eight years
- Largest second hand industrial premises in Derby
- Part of a 30-acre landholding including adjacent Sinfin Industrial Estate
The Brief
Derby Distribution Centre is the largest second-hand warehouse and distribution building in Derby with 400,000 sq ft in a single building and ancillary storage units ranging from 30,000 sq ft to 65,000 sq ft. Innes England was instructed to:
- Provide initial marketing strategy for the leasehold disposal of units from 5,000 sq ft to 400,000 sq ft at DDC and Sinfin Central Industrial Estate
- Carry out regular strategic review and react to market needs to achieve the best results for our client
Results
Over the past eight years, Innes England has been involved in the letting of some 1 million sq ft within the scheme including lettings to:
- Ceva – 200,000 sq ft
- Morrisons – 200,000 sq ft
- Crown Crest – 200,000 sq ft
- Great Bear – 120,000 sq ft
- Rolls-Royce – 70,000 sq ft
- Laura Ashley – 80,000 sq ft
- Kuehne + Nagel – 120,000 sq ft
- Network Rail – 80,000 sq ft
- Wincanton – 200,000 sq ft
The scheme is fully let with 1 million sq ft of space let over the last eight years