GORELL Barnes are very pleased to announce that a large factory in the centre of Denington Industrial Estate, fronting Denington Road and also Crane Close, is to be refurbished by the now owners, Fernbrook Builders Ltd, Rushden.
They bought the building from clients of Gorell Barnes last year and they have since obtained planning consent to divide the large old factory into a number of units ranging from 2,250 square feet up to a potential 39,000 square feet. Access will be from the secure and self-contained yard to most of the units with one unit being self-contained and secure from Crane Close.
Fernbrook Builders, long-established quality construction professionals in the local and regional market over many decades, are carrying out a substantial refurbishment including new cladding, roller shutter doors and a new roof. The building will be internally divided to create the range of units of a size mentioned above.
John Barnes of Gorell Barnes confirmed that this was a superb opportunity to provide occupiers of flexible size flexible tenure, including freehold which has been in such short supply for many years. The very smart light grey cladding and roof, complemented by the dark grey trim, will look new and dynamic and very contemporary. This will also help with the continued regeneration of the area where substantial retail has been built in the immediate proximity including the B&Q depot, Lidl, M&S etc.
John Barnes also said that this location is ideal for trade counter/quasi retail as it is in close proximity to the trade park at Victoria Retail Park where Halfords etc., are represented but which also complements the other trade companies on Denington itself including Screw Fix and Crown Paints.
Already, interest is being shown from such users, as well as freehold enquires from companies wishing to own their own property, but also perhaps put it in their pension fund, with their company renting it, so giving tax advantages and hopefully pension growth, as well as income to purchasers.
There has also been interest from pure investors looking to purchase industrial property which for many reasons offers perhaps greater security than some other investments, but also offering a very attractive yield and return.
The properties are under refurbishment now and are expected to be available for late summer.
All enquires are invited to john@gorellbarnes.com or on 01536 330100.
