Asset Type: Other

Address

Derby Audi, Royal Scot Road, Pride Park, Derby

Tenant Information

Volkswagen Group United Kingdom Ltd

Location

Derby is a growing city with a population of approximately 250,000 (2011 census), this a 7.8% increase since 2001.

The city’s economy is based on advanced transport manufacturing with major employers based in the City including Rolls-Royce, Toyota, Bombardier and Alstom. With its central UK location it is well connected by road and rail. The M1 motorway is 10 miles east of the city with Nottingham, Sheffield and Birmingham within a one hour drive via major routes including A38 and A52. Derby has regular train services to London St Pancras with the fastest journey time now 1 hour 30 minutes.

Property Description

The modern purpose built showroom (built in 2005) comprises a comprehensive modern Audi dealership in the distinctive “Hangar” style. It has a total gross internal rea of approximately 24,129 sq ft and importantly 370 on site parking spaces, split between 95 display spaces and 265 ‘other’ spaces. The dealership provides a high quality, newly refurbished showroom with internal space to display 11 new cars, with high spec lobby area. Mezzanine open plan and partitioned offices are above and to the rear of the showroom. The tenant has recently undertaken alterations to extend the showroom in to the warehouse as part of a recent refurbishment. Other recent tenant improvements including a new meeting room and canteen/staff changing rooms to first floor and updating the showroom to reflect Audi’s latest corporate design. A ten-bay workshop and parts area forms the rear of the unit with separate valeting units to the rear edge of the site.