As part of their ongoing growth programme, Lee Walkup, owner of Walkup Holdings Ltd, has acquired a development site at Anglers Lane in Derby through FHP Property Consultants.
The site extends to some 1.85 acres on the east side of the City off Nottingham Road in Spondon having easy access to the A52 and road connections beyond. FHP were marketing the site for sale.
Mr Walkup who has interests in plant hire, contract earthmoving and Haulage established his first company in 1989 and provides a range of services to both the public sector and private construction industry including waste management, transport and environmental solutions. Ian Torr of Cleggs solicitors handled the acquisition on behalf of Mr Walkup, whilst J H Powell and Co solicitors acted on behalf of the vendor.
Tim Richardson from FHP Property Consultants’ Derby office who handled the sale comments:
“We are pleased that the property matched Mr Walkup’s requirement being in an accessible location and providing the business with the space to expand over the coming years. Industrial land is generally difficult to come by, especially for owner occupier businesses and we are always on the lookout for similar plots to satisfy other requirements.
Derby has a robust economy, being the fastest growing city economy in the East Midlands and within the top ten in the UK. The industrial and distribution property sector has performed well over the last few years and we continue to receive enquiries for space from both existing local companies and those looking to expand into the area as they see the City as a great place to do business.”