Cullum HQ up for sale for £3.25m

Cullum, advised by Savills, has launched the freehold sale of its headquarters manufacturing building at Heanor Gate Industrial Estate in Heanor, Derbyshire, for £3.25m.

The proposed sale is part of Cullum’s plans to relocate to another facility nearby.

The property comprises a substantial self-contained manufacturing and distribution facility with PV solar power which sits on a 2.23-acre site. Next to the manufacturing facility is an extensive headquarters style two/three storey office accommodation.

Together, the property provides around 48,200 sq ft of accommodation. Directly opposite this site is a vehicle storage compound which offers scope for future development, subject to planning. The vehicle storage compound extends to 1.72 acres.

Ian Muxlow, director in the commercial department at Savills Nottingham, said: “This is a rare opportunity to acquire two large sites on the established Heanor Gate Industrial Estate. It is ideal for owner occupiers or for investors to acquire and rent out the component parts and explore the development opportunity offered by the open storage land.”