Property Firm Snaps Up East Midlands Commercial Park

An independent property company has expanded its industrial portfolio with the acquisition of an East Midlands commercial park which totals more than 135,000 sq ft and is situated near the Rolls-Royce Sinfin campus.

Hortons’ Estate Ltd has snapped up Sinfin Commercial Park, a multi-let industrial and logistics estate approximately two miles south of Derby city centre.

The 26-acre site consists of 21 fully occupied warehouse units, along with almost eight acres of additional open storage and development land.

The deal is designed to complement Hortons’ investment and development portfolio, which encompasses more than two million sq ft of industrial, leisure, offices and retail properties located throughout the Midlands.

Steve Tommy, of Hortons, said: “This is an excellent acquisition which builds on our investment strategy of obtaining income generating industrial sites with significant development potential.

“Sinfin Commercial Park benefits from a good mix of modern and flexible units with established occupiers and presents the opportunity to add value through letting or developing vacant plots of land.”