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PRIVACY
Commercial Property

Bathrooms firm splashes out on new Derby premises after agreeing deal for revamped unit

NG Chartered Surveyors secure letting to Universal Bathrooms

James McArthur, director at NG Chartered Surveyors, secured the deal(Image: NG Chartered Surveyors)

A bathrooms business has agreed a deal to let a refurbished industrial unit in Derby.

Universal Bathrooms has agreed to let a 4,000 sq ft unit, in Cottonbrook Road, on the Sir Francis Ley Industrial Estate.

The deal was secured by commercial property specialists NG Chartered Surveyors and completed during the national lockdown due to the outbreak of Covid-19.

James McArthur, director at NG Chartered Surveyors, originally purchased the property on behalf of his client at the end of 2019 as a new addition to their expanding investment portfolio.

After advising them of a schedule of refurbishment, he has now secured the tenant quickly after completion of the works.

He said: "This letting shows that the market for small, well-located quality industrial units is still strong.

“These units present very well after the refurbishment carried out by my client and as a result we were able to secure the letting very quickly.

“Unit 26a Cottonbrook Road remains available. We are starting to see interest pick up as we come close to the end of the second month of lockdown and I am confident that this unit will let quickly."