Residential plans as 12,000 sq ft office block sold

Burton-based commercial property agents, Rushton Hickman, has sold an 11,769 sq ft two-storey office block on behalf of a private investment client to local businessman and optometrist, Raheel Fayyaz.

The Derby Turn Building is located along Derby Road, Burton, and is a part-let investment.

Fayyaz intends to convert the unoccupied space into two-bed residential apartments, which he hopes bring to the market this month (February). Rushton Hickman have been retained immediately as the commercial property agents for marketing ground floor Suite 2, which will provide office or dry storage accommodation.

Fayyaz said: “The Derby Turn building presented an attractive opportunity for a residential conversion following a viewing with Simon from Rushton Hickman. The location and numerous parking spaces further added to the viability of the project. We hope to add quality housing which is much needed in the area to the rental market in Burton on Trent, by offering luxury living at affordable prices.”

Rushton Hickman commercial property agent, Simon Walker, said: “The property benefits from easy access to the main A38 arterial route and is close to Burton upon Trent town centre and railway station, which makes for an ideal site to consider for a residential accommodation conversion.

“We very much look forward to continuing our business relationship with Raheel in the future and agreeing terms on more property projects with him.”