Salloway Property Consultants have completed the sale of a substantial commercial property in Derby following a successful marketing campaign.
The property at Olivetti House, Downing Road, West Meadows, occupies a 1.02-acre site and provides more than 8,500 sq.ft of office, industrial and storage accommodation, together with a secure yard and workshop.
The sale represents another significant transaction for Salloway in Derby’s commercial property market, with the property attracting interest due to its combination of scale, flexibility and location.
The detached 1970s building, designed by renowned architect Edward Cullinan, comprises a mixture of office and storage accommodation, alongside a separate steel portal frame workshop. The property also benefits from excellent transport links, with the A52 providing direct access towards the M1 and Nottingham, while the A38 is readily accessible via Sir Frank Whittle Road.
William Speed MRICS, Associate Director at Salloway Property Consultants, said:
“We are delighted to have completed the sale of Olivetti House. The property offered a really interesting combination of accommodation and land, which is increasingly difficult to find in Derby.
Having over an acre of secure commercial land, together with more than 8,500 sq.ft of accommodation, gave the property genuine flexibility and attracted strong interest from the market. It is another good example of the demand we are seeing for well-located freehold commercial property across Derby, particularly where occupiers can acquire a substantial site rather than simply lease accommodation.
We are pleased to have secured a successful sale for our client and brought the transaction through to completion.”
The transaction adds to Salloway’s growing track record of commercial property sales across Derby and the wider East Midlands.
Salloway Property Consultants provides advice across the commercial property sector, including sales, acquisitions, lettings, rent reviews, lease renewals, development and general property consultancy.
