3 & 5 Freeston Drive, Blenheim Industrial Estate, Nottingham, NG6
- Land size
- 0.9 acres
Key Features
- Strategic Nottingham Location
- Excellent Transport Links
- High Quality Units with Large Yards
- Diversified Income profile
Description
Location
The property occupies a prominent position on Freeston Drive within the well established Blenheim Industrial Estate approximately 5 miles north-west of Nottingham city centre.
Description
Comprising 39,306 sq ft across two industrial/trade counter units, the property currently produces £264,460 per annum, with an attractive WAULT of 5.22 years to expiry. The investment has also benefited from over £660,000 of recent capital expenditure, significantly enhancing the specification and presentation of the property.
- £264,460 pa passing rent (£6.73 psf).
- £294,795 pa ERV, providing clear rental reversion.
- Terms agreed with ASHI Group on a new 15-year lease to Unit 3 at £116,393 pa (£6.82 psf).
- Immediate 6.3% rental uplift on completion of the agreed Unit 3 letting.
- Improved covenant profile, with ASHI rated Very Low Risk (91A).
- Smith Brothers Stores also provides a Very Low Risk (77A) covenant.
- £446m+ combined tenant turnover assuming completion of the ASHI letting.
- Established Blenheim Industrial Estate location with excellent access to the A610 and M1 Jct 26.
- Over £660,000 of recent capital investment in the estate.
- Offers in excess of £3.3m, reflecting a 7.53% NIY and 8.39% reversionary yield.
- Attractive capital value of just £83.97 psf.
- Further potential to enhance long-term value through extension of the two long leasehold interests.
The agreed letting to ASHI provides an investor with immediate income growth and a significant improvement in covenant strength, whilst the current ERV of £294,795 provides further rental upside over the medium term.
Combined with the recent capital investment, attractive entry pricing and the property's position within one of Nottingham's established industrial locations, we believe 3 & 5 Freeston Drive represents an excellent opportunity to acquire a high-quality industrial investment with both secure income and identifiable growth potential.
EPC
Further information is available upon request.
VAT
Unit 3 is not elected for VAT. Unit 5 has been elected for VAT and part of the transaction will be treated as a Transfer of a Going Concern (TOGC).
Legal Costs
Each party to bare their own legal costs in the transaction.
Map Location
Property details
- Tenure
- Ask Agent
- Council Tax Band
- Ask Agent
- Date Posted
- 2026-08-12
Utilities & Restrictions
Utilities
- Electricity
- Ask Agent
- Water
- Ask Agent
- Heating
- Ask Agent
- Broadband
- Ask Agent
- Sewerage
- Ask Agent
Rights & Restrictions
- Public Rights of Way
- Ask Agent
- Private Rights of Way
- Ask Agent
- Listed Property
- Ask Agent
- Restrictions
- Ask Agent
Listed status, conservation areas and planning constraints for this location are in the full report.
Property Features
- Accessibility
- Ask Agent
- Parking
- Ask Agent
- Garden
- Ask Agent
Beyond the particulars: planning activity, flood history, heritage and ground risks, checked for this exact spot.
Connectivity
Broadband
Fastest speed available at this postcode
5.5 Gbps
Gigabit full fibre
Suitable for
- 4K streaming on every screen
- Full-time home working
- Online gaming & big downloads
Mobile signal
Outdoor predictions; indoor signal depends on building materials.
Ofcom Connected Nations postcode-level predictions. Speeds and signal are modelled, not measured, and vary between addresses and providers.
Signal is the easy part. Planning activity, flood history and protected designations here are in the full report.
Nearest Schools
Primary
- Rufford Primary and Nursery School789 metresNo Ofsted rating
- Ages
- 3 to 11
- Pupils
- 438
- Type
- Community school
- Bulwell St Mary's Primary and Nursery School0.8 milesNo Ofsted rating
- Ages
- 3 to 11
- Pupils
- 221
- Type
- Academy converter
- Faith
- Church of England
- Hucknall Flying High Academy0.8 milesOfsted: Outstanding
- Ages
- 2 to 11
- Pupils
- 240
- Type
- Free schools
- Hempshill Hall Primary School0.9 milesOfsted: Good *
- Ages
- 3 to 11
- Pupils
- 400
- Type
- Community school
- Crabtree Farm Primary School1 mileOfsted: Good
- Ages
- 3 to 11
- Pupils
- 358
- Type
- Community school
Secondary
- The Bulwell Academy0.8 milesOfsted report card · May 2026
- Ages
- 11 to 18
- Pupils
- 1,051
- Type
- Academy sponsor led
- The Kimberley School1.6 milesNo Ofsted rating
- Ages
- 11 to 18
- Pupils
- 1,393
- Type
- Academy converter
- Park Vale Academy1.7 milesOfsted: Good
- Ages
- 11 to 16
- Pupils
- 880
- Type
- Academy sponsor led
- The Holgate Academy1.7 milesOfsted: Requires improvement
- Ages
- 11 to 18
- Pupils
- 1,207
- Type
- Academy sponsor led
- Ellis Guilford School2.2 milesOfsted: Good
- Ages
- 11 to 16
- Pupils
- 1,171
- Type
- Academy sponsor led
* Latest graded judgement covers quality of education only; no overall grade was issued under the 2024-25 inspection framework.
Distances are straight-line from the advertised location. Source: the national school registers (DfE, Welsh Government, Scottish Government) and Ofsted.
Schools are just the start: sold prices nearby, planning activity and any flood history are in the full report.
Amenities
Supermarket
GP surgery
Pharmacy
Hospital
Green space
Straight-line distances from the advertised location. Sources: NHS records, Geolytix supermarket locations, OS Open Greenspace and the national trails registers.
The area stacks up? Now check the location itself: planning nearby, protected designations and past flooding.
Getting Around
Nearest station
Nearest bus stop
Typical drive times
Straight-line distances from the advertised location; drive times are typical free-flow times over OpenStreetMap road data, so allow more at peak. Public transport locations from DfT NaPTAN.
Easy to reach matters. So do planning activity, flood history and ground risks: all in the full report.
Flood Risk
From Environment Agency flood map open data, checked around the advertised map pin and allowing for the listed acreage where known. This summary comes from LandSale, the advertising platform, not from the listing agent, and is not part of the agent's particulars. Risk can vary across a single holding, so verify anything critical through your own searches before committing.
Rivers and the sea
Surface water
The detail behind these bandings
The full report pinpoints where this location sits on the flood maps, and runs the deeper checks that usually only surface after an offer.
- Exact flood zones & annual chances (included in the full report)
- Any recorded past flooding (included in the full report)
- Planning activity nearby (included in the full report)
- Heritage & conservation (included in the full report)
- Protected nature designations (included in the full report)
- Ground risks (included in the full report)
- Sold prices nearby (included in the full report)
£14.99 · one-off purchase
By LandSale, the platform. Not provided by the listing agent. Ready in about a minute.
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Marketing information only - not formal particulars. The details on this website are provided for general guidance and do not constitute an offer or contract. Neither LandSale nor the advertising estate/land agent accepts responsibility for any inaccuracy.
1. Source of information
- Listing content: Core description, asking price, tenure, measurements, photographs and planning history originate from the marketing materials of the advertising estate or land agent. LandSale does not author this content and cannot guarantee its accuracy.
- Automated tags & categorisation: Property type, land-use class, acreage bands and similar labels may be applied by machine-learning models. They are intended as a helpful guide only and may not reflect the property's legal status or permitted use.
- Third-party & enriched data layers: Maps, boundary outlines, planning designations, soil reports, broadband coverage and other environmental or location-based insights are licensed from external suppliers. Such data are supplied “as is", may be incomplete or out of date and are subject to change without notice.
2. Verification required
Prospective purchasers must verify critical matters, including but not limited to planning permission, title boundaries, public rights of way, environmental constraints, acreage, services, access and VAT status, through their own inspections, specialist surveys, legal advisers and the selling agent before relying on the information or entering into any contract.
3. No warranty or liability
LandSale gives no warranty, express or implied, as to the accuracy, completeness or fitness for any particular purpose of the information displayed. LandSale shall not be liable for any loss, damage, cost or expense arising directly or indirectly from any use of or reliance on such information, save where liability may not be excluded by law.
4. Updates & feedback
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© LandSale | Version 1.3 - August 2026
Listing agent
Commercial Property Partners Ltd, Sheffield
5th Floor 11 Leopold Street Sheffield S1 2GY
Contact Commercial Property Partners Ltd, Sheffield
5th Floor 11 Leopold Street Sheffield S1 2GY
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