NG continues expansion in Derby with Cotton Brook Road deal
23rd March 2020
Commercial property specialists NG Chartered Surveyors have brokered a deal to buy a 8,845 sq ft industrial unit in Derby.
The move comes as NG continues to extend its market share in the city and is the second acquisition the company has acted on for its landlord client in the last year.
The property, at 26/26a Cotton Brook Road, Sir Francis Ley Industrial Estate, is immediately available for rent as a whole or separate units. NG will be undertaking management services on the premises and have already provided advice on the refurbishment of the units to maximise its rental value.
James McArthur of NG said: “This deal comes at a time when we are making a concerted push into Derby and we would welcome similar enquiries from landlords looking to expand their portfolios and who want to benefit from our hands-on, proactive approach to property management.
“Cotton Brook Road is a great addition to our client’s portfolio and we are looking forward to helping him expand it even further over coming months.”
Landlord Richard Goodman said: “This is the second acquisition that NG have brought us in the last year, and, yet again, I was incredibly pleased with their knowledge and experience of the local property market. I look forward to continuing our working relationship with NG as they continue to manage our growing portfolio.
The Sir Francis Ley Industrial Estate is located approximately 1.5 miles south east of Derby’s city centre.