Property agents announce new sale at Shobnall Road

Rushton Hickman have successfully sold a vacant industrial property to a local investor and obtained top-end figures for their client.

The warehouse premises consists of 7,402 sq. ft of space with an external yard area of 0.26 acres and is situated in a prominent position on the B5017 (Shobnall Road), which allows access to Burton upon Trent town centre and is within two miles of the A38 trunk road.

The property was originally home to a multi-disciplinary contractor, but since it became vacant, the owner was advised on how to proceed, allowing for maximum return without capital expenditure.

Taylor Millington, senior surveyor who brokered the deal and advised the client, said: “Although the premises required a lot of internal and external works, this was a rare opportunity to acquire industrial space in Burton upon Trent.

“Upon marketing we received a lot of interest from investors and owner occupiers looking at the site for income and development purposes.

“The successful sale of this property highlights that the industrial market in Burton and the surrounding areas continues to be strong.” 

The purchaser, Aden Woodward, director of Woodward Property (Midlands) Limited, said: “I appreciate the way Taylor, and Rushton Hickman, stuck with the sale, keeping me informed throughout and pushing all parties involved to ensure the sale crossed the line.

“The property is now undergoing renovation and we will either use it for our Woodward Group HQ or look to lease the property.

“We will be sure to use the Rushton Hickman team to either lease our existing building or this new unit. The team are always professional, reliable and well informed and that’s why my father and I have worked with them over the last twenty plus years.”

Taylor added: “The demand for good quality industrial and warehouse space continues to be strong across acquisitions, disposals and lettings, and we’re keen to advise on any other opportunities across the market.”

To find out how Rushton Hickman can assist with your commercial property matters, please contact Rushton Hickman Property Consultants on 01283 517747 or email [email protected]