Spring has brought a wave of success at Eagle Park, with Salloway Property Consultants completing five transactions in quick succession.
These include the letting of four industrial/trade counter units and the sale of one investment property. Developed by Ivygrove in 2014, Eagle Park continues to demonstrate strong demand from both occupiers and investors.
In March, Unit 2 was let to a local bespoke kitchen retailer, who took occupation of the 3,750 sq ft unit on a new five-year lease. In the same month, Edison & Day expanded their presence within the estate by taking a further 4,635 sq ft at Unit 10.
April brought further activity, with high-tech business Tioga securing an additional 2,276 sq ft at Unit 3 to support their ongoing growth. At the end of April, PDH Sports—a leading local retailer specialising in racket sports—agreed a new 10-year lease at Unit 8 as part of their strategic relocation.
Completing the quintet of transactions, Unit 14 was sold as a fully let investment to a private client. With Autoglass as the sitting tenant, the sale underscores the site’s continued appeal to investors seeking high-quality, income-generating assets.
William Speed MRICS, surveyor at Salloway, said: “Eagle Park is a thriving, multi-purpose trade counter and industrial development, providing an excellent mix of national and local businesses. It has turned out to be one of Derby’s most successful business parks, and I’m delighted that we have been able to consistently achieve great results for our clients on site.
“Following on from the success of Eagle Park, Ivygrove is now progressing at speed with its latest scheme, Merlin Park, on Osmaston Road. I’m confident this new development will be equally well received. We have a number of units already under offer, but there is still some availability, so I would encourage interested parties to make contact without delay.”
