Midlands-based property developer and asset manager, Rotherhill, alongside long-term funding partners DSC 452 Ltd, has completed the acquisition of a modern industrial unit on the Whiteacres Estate in Whetstone.
The property comprises a detached, single-storey warehouse with integral two-storey offices, totalling approximately 13,350 sq ft, and occupies a 0.79-acre plot. It is currently let to Tyresure Ltd, with the lease set to expire on 24th August 2026.
This acquisition aligns with Rotherhill’s ongoing strategy of acquiring high-quality industrial and logistics assets, whether income-producing or vacant, with potential to add value in the short to medium term through proactive asset management initiatives.
Stuart Waite, associate director at Rotherhill, said: “We are pleased to have completed this acquisition which aligns perfectly with our strategy of buying well positioned assets with strong underlying fundamentals in a sector of the market which we believe will continue to experience rental and capital growth in the short to medium term.
“Occupier demand remains robust and supply of similarly sized existing properties across Leicester and the wider Midlands region is extremely limited, particularly where self-contained and with large car parking and service yard provisions. This asset provides scope to secure rental and capital growth in line with market evidence upon lease expiry in 2026.
“Thank you to Luke Symonds and Richard Wright of NorthCap who advised us in respect of this acquisition.”
