FHP Property Consultants are pleased to bring to the market 14-16 Cotton Brook Road which is situated on Sir Francis Ley Industrial Park in Derby.  Sir Francis Ley Industrial Park is an established industrial estate situated approximately 1.5 miles south of Derby City Centre, accessed principally from the A514 Osmaston Road which connects to the inner and outer ring roads.  The A38 and A50 trunk roads are both approximately 4 miles to the south.  The M1 motorway lies approximately 10 miles to the east at Junction 25.

The property provides clear span industrial/warehouse space with kitchen, WCs and two storey office/ancillary accommodation extending to approximately 1,227m² (13,206ft²).   The unit is available on new lease terms at a rent of £80,000 per annum.

Darran Severn of FHP Property Consultants comments:

“I’m pleased to offer this unit to market and I look forward to speaking with interested businesses.  There is currently a shortage of good quality warehouse units across Derby and I expect to receive a good amount of interest.  The property would suit a number of uses including storage and distribution, manufacturing or any general industrial operations.  There is a good sized yard/parking area to the front of the unit which is securely fenced and can be utilised by the new tenants.”

The property will be available for occupation in Q1 2023.

For further information or to arrange a viewing, please contact Darran Severn on 07917 460 031 or Darran@fhp.co.uk.

ENDS

8 September 2022

Developer Chancerygate has submitted plans to speculatively build 98,000 sq. ft of trade counter, urban logistics and industrial space in Colwick, Nottingham.

Called Colwick Gateway, the proposed £25m scheme will be on a 6.35-acre site in Colwick Industrial Estate and include 14 Grade A leasehold units ranging from 3,500 sq. ft to 27,200 sq. ft.

The site was formerly a major fuel distribution centre for Total Petroleum and has been unused for a number of years.

Neighbouring occupiers include Jewson, Sainsbury’s, Biffa, Nottingham Steel Supplies and Tile Tec Fireplace.

Chancerygate development manager, Mark Garrity, who is based in the company’s Birmingham office, said:

“Our proposed plans at Colwick aim to satisfy the high demand for Grade A sustainable trade counter, urban logistics and industrial accommodation in the Nottingham area.

The site is situated in a prime industrial area of Nottingham, meaning it is best placed to serve businesses operating within the city as well as across the wider East Midlands region.

The proposed development will help support both the local and regional economy to stimulate further investment and job creation. We look forward to working with Gedling Borough Council now that planning has been submitted.”

Agents for Colwick Gateway are FHP and Gerald Eve.  For further information, please contact Mark Tomlinson of FHP Property Consultants on 07917 576 254 or email mark@fhp.co.uk.

Sherwood Park at Junction 27 of the M1 motorway is always a popular location for occupiers and it is not often that substantial buildings come available there.  Hopefully therefore the fact that FHP are pleased to bring to the market a building of nearly 60,000ft² on the site will assist a local occupier in expanding and growing and taking advantage of this great opportunity.

To be marketed by Tim Gilbertson and Amy Howard, they commented:

“It is some time since there has been a decent sized building available on Sherwood Park so we hope that this one goes well.  It’s a great location, just off Junction 27 of the M1 and this building offers simple two bay production or storage space augmented by good quality ground and first floor offices and ancillary plus 80 car parking spaces and secure delivery and access.  We would be delighted to discuss and show any interested parties around.”

For full information or to arrange a viewing, please contact Tim Gilbertson (07887 787 893 / tim@fhp.co.uk) or Amy Howard (07887 787 894 / amy.howard@fhp.co.uk) of FHP Property Consultants.

ENDS

Tim Gilbertson

1 September 2022

FHP Property Consultants are delighted to start marketing a superbly positioned warehouse of just over 33,000ft² with a big yard in a prime location backing onto the A38 at Junction 28 of the M1.

With accessibility to the motorway within a few minutes drive, this building should hopefully fill the void that exists in the region for space of this size in a prime location.

Being dealt with by Tim Gilbertson, he commented:

“With the benefit of a fabulous location, big yard, securely fenced and gated site and near instant access to the motorway, this building should be well received.

These features are augmented by seven dock level loading doors plus level access loading too and a clear span warehouse, all very unusual in a building of this size which shows its excellent specification.

A new lease is available and this will be a welcome visitor to a market which still lacks stock in nearly all size ranges.

At just over 33,000ft², there are very few similar options around, so hopefully this will help a local company to take on additional space and expand and grow.”

For further information or to arrange a viewing, please contact Tim Gilbertson on 07887 787 893 or email tim@fhp.co.uk.

ENDS

Tim Gilbertson

30 August 2022

We would like to say a big thank you to Chris and his colleagues at FHP for finding the perfect warehouse for us. Chris has been super helpful and professional throughout the whole warehouse hunting and signing processes. We really appreciate the help that Chris and FHP have provided in the past few years. We would definitely recommend FHP, and I will ring Chris straightaway if we need to expand into another warehouse in the future.

Chris Proctor of FHP Property Consultants on behalf of the landlord, Abbeyfield Estates Limited, is delighted to confirm the letting of 4 Padge Road, Beeston, Nottingham to MRZ Logistics UK Limited on a new 10 year lease term.  The modern warehouse unit provides MRZ Logistics with the expansion space to take on further contracts for their growing e-commerce and 3PL fulfilment business.

Chris Proctor of FHP Property Consultants commented:

“Having dealt with MRZ Logistics for a number of years, I am delighted to finally have found them the right home for their expanding business.  It has been a pleasure working with Winne and Jun and I am pleased that the result of this letting has ended with a happy tenant and happy landlord.”

Winne Sun, Director of MRZ Logistics UK Limited commented:

“We would like to say a big thank you to Chris and his colleagues at FHP for finding the perfect warehouse for us. Chris has been super helpful and professional throughout the whole warehouse hunting and signing processes. We really appreciate the help that Chris and FHP have provided in the past few years. We would definitely recommend FHP, and I will ring Chris straightaway if we need to expand into another warehouse in the future.”

Innes England were joint agents on this transaction.

For further information on this deal or to see how FHP can help you with the disposal or letting of your premises, please contact Chris Proctor on 07747 464 770 or email chris@fhp.co.uk.

ENDS

23 August 2022

Chris Proctor and Steve Gillott of FHP Property Consultants have completed the sale of a 0.6 acre site off Bobbers Mill Bridge and Alfreton Road.  The site offers a potential long-term redevelopment opportunity in a highly prominent location and is currently held on a lease to UK Tool Hire Limited.  FHP Property Consultants acted on behalf of the vendor who was a private individual and the property has been sold to a private pension fund that will hold the investment with potential long term re-development plans for the site.

Chris Proctor of FHP Property Consultants commented:

“Roadside opportunities remain high in demand from both occupiers and investors with a wide range of potential uses attracted to these types of sites.  We were pleased to achieve in excess of the quoting price and receive multiple offers within a swift marketing period.”

For further information on this deal or to see how FHP can help you with the disposal or letting of your premises, please contact Chris Proctor on 07747 464 770 or email chris@fhp.co.uk.

ENDS

19 August 2022

FHP are pleased to bring to the market 15 Millway which is prominently positioned on the Old Mill Industrial Estate, Mansfield Woodhouse, Nottinghamshire NG19 9BG.

The property has all the credentials and keeps excellent company with occupiers such as Howdens, Screwfix, Jewson, United Carpets & Beds, Greggs and JD Gyms all being on the industrial estate.

The property has a GIA of 6,078ft² and sits on a 0.5 acre plot with car parking to the front elevation for up to 10 cars and a circa 0.22 acre fenced yard to the rear/side.  The unit also has the following specification:

• Office/reception to the front elevation
• Clear span warehouse space
• 3 phase power and large roller shutter door leading into rear yard
• Double glazed windows to all elevations
• WC’s, shower and kitchen facilities

The property has recently undergone a strip out/light refurbishment and can be adapted even further to meet requirements.

Alongside the company this property keeps the unit also provides easy access to the centre of Mansfield and Junctions 28 and 29 of the M1 Motorway.

For more information please contact Anthony Barrowcliffe of FHP on 07557 972008 / anthony@fhp.co.uk.

Amber Business Centre is a popular and well established distribution and manufacturing estate which can be easily accessed via the A38 and A610 dual carriageways linking with the M1 motorway at Junction 28.

FHP Property Consultants are delighted to have recently placed three small industrial warehouse units under offer within one week at Amber Business Centre, the majority of these not even making it to market.  There is one remaining unit available being Unit 13.3, which comprises a mid-terraced industrial/warehouse unit with roller shutter loading door.  The specification includes 3 phase power, 4.4 metre eaves, WC facilities, parking and a small mezzanine.  The property comes to a modest size of 57.40m² (618ft²).

The unit is available on new lease terms at a rent of £6,798 per annum.

Jamie Gilbertson of FHP Property Consultants comments:

“I am delighted to have placed three units under offer within such a short time and with the amount of interest received, I don’t think it will be long before this remaining unit goes under offer.  On instructions from my client, I was able to place these units with specific businesses before I had chance to put some of them on the market.  This remaining unit would be perfect for a new or small business and would suit a number of uses from storage, production or even light manufacturing.”

For further information or to arrange a viewing please contact Jamie Gilbertson of FHP Property Consultants on 07398 443 838 / jamie.gilbertson@fhp.co.uk or Darran on 07917 460031 / darran@fhp.co.uk

August 2022

ENDS

We are delighted to confirm that CEG and Henry Boot Developments have submitted a detailed Planning Application to develop a five unit industrial / logistics schemes on their 30 acre site in Mansfield.

As designed the scheme will provide a five unit scheme totalling 430,500ft² configured in five units offering units from 30,000ft² to 150,000ft² in size.

We are delighted to be working with M1 Agency and CPP on the scheme and would anticipate that units will be delivered Q1 2024.

The site is accessed directly from the A617 Mansfield and Ashfield Regeneration Route (MARR) and is well positioned to provide access to both Junction 28 and Junction 29 of the M1.

For further information please contact John Proctor (johnp@fhp.co.uk) or Tim Gilbertson (tim@fhp.co.uk) for further information.

ENDS

John Proctor

10^th August 2022

On behalf of Northwood Urban Logistics, joint agents FHP Property Consultants and Phillips Sutton are pleased to confirm a further three new occupiers for Teal Trade Park, Nottingham.  Occupiers including the Wooden Floor Store, Exhausts, Tyres and Batteries (ETB), and Klarheit Aluminium Windows & Doors, have taken new leases on Phase 2 of Teal Trade Park.

These further lettings complement the existing occupier line-up of Howdens, Screwfix, Toolstation, Karcher, Trent Valley Windows, Trent Vehicle Charging and PaintWell.

This leaves just three remaining units of Units 8, 9 and 10, ranging from 322m² (3,483ft²) up to 370m² (4,013ft²) with the ability to combine units.

Iain Taylor, Director at Northwood Urban Logistics commented:

‘’Enquiries remain strong at Teal Park since the market for trade units of this size remains on the up, particularly when you add in Nottingham’s excellent transport links with the rest of the UK.”

Chris Proctor of FHP Property Consultants commented:

“Teal Trade Park is becoming Nottingham’s premier trading estate with a complementary range of national and local occupiers now secured on the estate.  We are down to the last three units and we see a real opportunity in particular for businesses from an electrical, plumbing and tiling background, which would further strengthen the line-up of trading occupiers on the estate.”

Brodie Faint of Phillips Sutton commented:

“It is fantastic to see the recent additions to the trade park, further improving the tenant line-up onsite and enhancing the offering to the surrounding customer base. Moving forward, the estate will only benefit further from the substantial residential developments being undertaken in the surrounding area.”

For further information, please contact Chris Proctor (07747 464 770 / chris@fhp.co.uk) of FHP Property Consultants or Brodie Faint (07852 529 977 / bfaint@phillipssutton.co.uk) of Phillips Sutton.

ENDS

15 August 2022

Hot on the heels of the letting of 81,000ft² to Cotton On Group at Blenheim Park just off Junction 26 of the M1 by FHP and joint agents M1 Agency on behalf of Urban Logistics REIT comes a further deal with the disposal of prime new build space of 24,000ft² to an undisclosed, pet food manufacturer.

Blenheim 24 was one of four speculatively planned and constructed prime manufacturing/distribution units on Blenheim Park, which sits just off Junction 26 of the M1 on the edge of Nottingham.  This is the third deal on the site following on from the lettings of speculative units of 18,000ft² and 81,000ft², leaving merely the final building available of 43,000ft² which has just completed and is ready for immediate occupation.

The letting of Blenheim 24 was completed by Chris Proctor and Tim Gilbertson of FHP Property Consultants on behalf of Urban Logistics and Chris commented:

“It was a pleasure to deal with our new occupier here and their investment in the building will no doubt create success and new jobs for the region. This is the third letting we have now completed on the site and we only have one unit left available of just over 43,000ft² which is immediately available on a new lease.”

John Barker, Head of Development at Urban Logistics REIT added:

“We have been pleased with the interest shown in the ten unit scheme where we partnered with Wilson Bowden. The six units in the East Midlands have generated strong interest and the four unit scheme at Kingsway in Rochdale, due for practical completion at the beginning of October, which is encouraging.”

Olivia Salisbury, Asset Manager at Urban Logistics REIT added:

“We are delighted to have let the third unit in the scheme so quickly after practical completion. This is testament to the quality of the units built by Wilson Bowden and their contractors, Glencar and the location of the scheme, so close to Junction 26 of the M1 and Nottingham City Centre.”

Toby Wilson at M1 Agency added:

“We are down to the last unit on Blenheim Park, which is a credit to the quality and location of these units. The remaining unit of 43,000ft² is the only immediately available Grade A warehouse within Nottingham of its size range currently, so we would urge occupiers to come forward before it is too late.”

For full details of the final unit remaining on the estate of 43,000ft², please contact Tim Gilbertson (07887 787 893 / tim@fhp.co.uk) and Chris Proctor (07747 464 770 / chris@fhp.co.uk) at FHP Property Consultants or our joint agent Toby Wilson (toby.wilson@m1agency.co.uk / 07500 926727) at M1 Agency.

ENDS

Tim Gilbertson

15 August 2022

Following the final letting to TJ Timber & Joinery Supplies Limited, FHP Property Consultants on behalf of a private client are delighted to confirm full occupancy at Castlewood Trade Park.

The Trade Park includes Screwfix, Howdens and TJ Timber & Joinery Supplies, which provides an excellent mix of trade occupiers for the estate sitting alongside retail offerings of Greggs, Costa Drive-thru and Co-op.

Chris Proctor and Tim Gilbertson of FHP Property Consultants brokered the deals and Chris commented:

“Castlewood Trade Park has been a huge success with an excellent line-up of occupiers now secured on long term leases for 10 or more years at headline rents in excess of £10 per ft², which really highlights the strength of the location and the quality of the units.  Clowes Developments have once again delivered an excellent scheme and I am delighted to have secured all three occupiers.”

For further information on this deal or to see how FHP can help you with the disposal or letting of your premises, please contact Chris Proctor on 07747 464 770 or email chris@fhp.co.uk.

ENDS

12 August 2022

Acting on behalf of private pension fund trustees, Tim Gilbertson, Director of FHP Property Consultants has completed the letting of substantial distribution space off Keys Road in Alfreton, moments from the A38 and Junction 28 of the M1 motorway.

This modern warehouse building was put under offer within days of coming to the market and a lease has subsequently been agreed and completed to an expanding local occupier who wish to remain nameless to enable their further expansion in the region.

The building sees just over 23,000ft² of high calibre warehouse space let, and Tim Gilbertson who dealt with the letting commented:

“This is the second time I have had the pleasure of letting this building for our clients and I am delighted with the outcome.  The ingoing tenants offer a good covenant and a long term lease has been agreed.  Equally, it’s always a pleasure to see a local company expand and to help them with their developing business.”

A spokesperson for the private pension fund landlords commented:

“Alfreton remains a popular location for businesses looking to grow and further strengthen their market positioning. The unit resides within a prime warehouse and logistics hub with excellent links to the wider East Midlands transport network, namely direct access to the M1.  We wish the new tenant all the very best in their new premises.”

Tim Gilbertson concluded by adding:

“Even though we are in the middle of the summer holiday season, we are still experiencing good demand for space on both a leasehold and freehold basis throughout the region with industrial and warehouse spaces from a few hundred sq ft to a few hundred thousand sq ft very much still in demand.

Despite the obvious economic pressures we are all encountering at present and indeed some supply chain issues which occupiers are also having to deal with as a result of Brexit, the market does seem to still be moving strongly and I would be delighted to put forward without cost or commitment marketing thoughts on any buildings which landlords and owners might be looking to bring to the market later in the year.

Traditionally, September and October are very strong months of the year so now is an ideal time to put forward thoughts for those parties looking to dispose of premises at some stage in the remainder of 2022.”

For further information on this transaction or to ask FHP to come and put forward a marketing report on your premises, please contact Tim Gilbertson of FHP Property Consultants on 07887 787 893 or email tim@fhp.co.uk.

ENDS

Tim Gilbertson

9 August 2022

I joined FHP during the summer in 2022 whilst completing my Masters Degree in Real Estate at Nottingham Trent University where I gained a Distinction, having previously graduated from the University of Nottingham with a 2:1 in History.

I work in FHP’s Derby office, predominately dealing with the sale and lettings of all forms of commercial property including office, industrial, retail and land. I cover Derbyshire and the surrounding areas including Derby, Ilkeston, Long Eaton, Alfreton, Ashbourne and Burton. I also assist on landlord and tenant matters covering lease renewals and rent reviews alongside aiding the professional team on valuation work.

Clowes Developments has instructed groundwork contractor, J.C Ball s & Sons to commence the earthworks and implementation of first phase infrastructure ahead of the construction of a primarily industrial use scheme at Stud Brook Business Park, Castle Donington.

The brand-new business park located off the Castle Donington bypass, which connects Clowes developed and managed East Midlands Distribution Centre (EMDC) to East Midlands Airport, is now under construction. The reserved matters planning application for the infrastructure works was granted consent on the 26^th May 2022 and works commenced on site shortly after.

Groundwork specialists, J.C Balls & Sons, have started work on levelling the ground, creating plateaus and delivering essential infrastructure such as roads and services which will facilitate the construction of the commercial units over the next two years.

Dane Potts, Operations Manager, J.C Balls & Sons commented,

“Over the last couple of years, we have been working closely with Clowes and their planning team to give the most efficient engineering solution for the earthworks and infrastructure. Providing Clowes with a solution that gives them the development areas they need. It has been a pleasure working with team at the planning stage and being given the opportunity to self-deliver the enabling works in advance of the building contractors is a privilege.”

The mixed-use scheme will house bespoke build to suit employment, amenity, office, and industrial facilities ranging in size from 1,500 to 45,000 sq ft. The site will offer a mixture of detached and semi-detached commercial units with onsite car parking and adequate yard provisions.

Clowes have instructed a landscape architect to devise a comprehensive plan which will gently blend the commercial units at Stud Brook with the neighbouring residential development.

J.C Balls & Sons scope is to deliver a site that is prepped and ready to build straight away across 7 development plots. Involving earthworks, drainage, Stabilisation, road construction and the delivery of the services to the plots.  Once their works are completed, contractors will be on site to start the construction of the buildings.

Interest from occupiers for the Stud Brook development has been high with several design and build offers on the table. Interested parties are invited to contact the site’s agents, Tim Gilbertson, FHP Property Consultants via 0115 841 1146 or tim@fhp.co.uk, OR Richard Sutton, NG Chartered Surveyors via 0115 989 7094 or richards@ng-cs.com for more information.

FHP Property Consultants are pleased to bring the freehold interest of 2 The Green, Clowne to the market.

Clowne is a small town located in north-east Derbyshire situated 9 miles from Chesterfield and 7 miles from Worksop.  The location benefits from excellent connectivity with Junction 30 of the M1 motorway being within 2 miles.

This detached property comprises a single storey warehouse/office building with generous parking which is accessed through the adjoining public car park.

The premises is available to purchase at a guide price £130,000.

Jamie Gilbertson of FHP Property Consultants comments:

“This is a great opportunity to purchase a small business premises. Having both office and warehouse accommodation this property would suit a variety of different uses. The property could be used as offices or warehouse/studio space providing flexible working space.

I look forward to speaking with interested parties.” 

For further information or to arrange a viewing please contact Jamie Gilbertson of FHP Property Consultants on

07398 443828/ Jamie.gilbertson@fhp.co.uk  or Darran Severn on 07917460031/ Darran@fhp.co.uk

ENDS

August 2022

West Hallam Industrial Estate is situated close to Ilkeston and benefits from good road links with Junction 25 of the M1 located approximately 6 miles south east via the A52 and Junction 26 of the M1 located approximately north east via the A610.  The estate covers some 118 acres and currently includes 106 buildings.

FHP Property Consultants are pleased to offer to market three new build warehouse units which will be positioned within West Hallam Industrial Estate.  The new build warehouse units are approximately 1,114.80m² (12,000ft²) and will provide open plan modern warehouse accommodation.  The units will be available for occupation in Q4 2022.

Darran Severn of FHP Property Consultants comments:

“West Hallam Industrial Estate is currently fully occupied and is extremely popular with local businesses.  I expect these new units to prove popular with both existing tenants and new businesses.  The units will be available on new lease terms at a rent of £5.50ft.”

For further information or to arrange a viewing please contact Darran Severn of FHP Property Consultants on 07917 460031 / darran@fhp.co.uk or Jamie Gilbertson 07398 443 838 / jamie.gilbertson@fhp.co.uk or Giles Davis at Geo Hallam on 01159 580 301 / giles@geohallam.co.uk

August 2022

ENDS

On behalf of Urban Logistics Reit Plc, FHP Property Consultants in conjunction with joint agents M1 Agency have successfully let their speculatively built 81,000ft² unit on Blenheim Industrial Estate at Junction 26 of the M1.

One of four units built on the site, the 81,000ft² prime distribution unit has been let to Cotton On Group, Australia’s largest online retailer.  This deal complements the previous letting of a speculatively constructed 18,000ft² unit on the estate.

The letting was completed by Tim Gilbertson and Chris Proctor of FHP Property Consultants who commented:

“A great result for all parties involved here and a pleasure to act on behalf of Urban Logistics.  They took the sensible option of developing out the final four plots on the established Blenheim Industrial Estate speculatively to provide prime manufacturing/distribution space in a wonderful location just off Junction 26 of the M1 motorway.

Their positive and sensible approach has yielded terrific results and we are delighted to announce the first two lettings on the estate, the larger of which saw 81,000ft² let to Cotton On Group.

We wish the new occupiers well in this pristine Grade A building.

We would also like to thank their agent, Toby Smith of Harper Dennis Hobbs for helping seal this transaction.”

John Barker, Head of Development at Urban Logistics Reit Plc said:

“The funding venture with Wilson Bowden Developments has worked well and they have completed the buildings to a high standard. The East Midlands element of the portfolio was recently completed so early lettings to Cotton On and All Shires Foods is testament to the tenant demand in the market and that we’ve let two of the four Nottingham units so quickly after practical completion, with further interest in the remaining two, is satisfying.”

Olivia Salisbury, Asset Manager at Urban Logistics Reit Plc added:

“We’re pleased to welcome Cotton On and All Shires to the ULR portfolio and look forward to working with them going forward.”

For full details of the final unit remaining on Blenheim Industrial Estate, please contact the agents Tim Gilbertson (07887 787 893 / tim@fhp.co.uk) and Chris Proctor (07747 464 770 / chris@fhp.co.uk) at FHP Property Consultants or Toby Wilson (toby.wilson@m1agency.co.uk  / 07500 926727) at M1 Agency.

ENDS

Tim Gilbertson

22 July 2022

The process of finding a facility was made considerably easier with the help and assistance of the FHP team, their commitment to user requirements and professionalism throughout the process was greatly appreciated.

Safeguard SVP have recently leased a new site near Ashby-de-la-Zouch, Leicestershire in a deal brokered by FHP Property Consultants.   Safeguard SVP was established to meet the increasing requirements of the Blue Light Fleets and the transport requirements of the emergency services.

The site extends to approximately 3.2 acres and comprises a single storey warehouse, separate workshop facility and a two storey office building.

A new 10 year lease has been agreed.

Darran Severn of FHP Property Consultants comments:-

“I’m pleased this letting has completed and its been a pleasure dealing with all parties.  We were able to place this property under offer within weeks of going to market and due to the high levels of interest we agreed a deal above the quoting rent.  There is still a shortage of good quality industrial/warehouse units across the region and we could have placed this property with at least four other businesses.”

Phil Peel of Safeguard SVP Ltd comments:-

“The process of finding a facility of this nature was made considerably easier with the help and assistance of the FHP team, their commitment to user requirements and professionalism throughout the process was greatly appreciated.”

For further information on this letting please contact Darran Severn of FHP Property Consultants on  07917 460 031 / darran@fhp.co.uk.

Darran Severn

ENDS

June 2022

Demand for logistics real estate in the East Midlands is showing no signs of slowing, according to the leasing agents of Trent Gateway which is now fully let.

Due to the especially high demand for industrial properties, particularly those that possess green credentials, the property’s landlord Northwood Urban Logistics has seen five units let in five months.

The final deals, brokered by JLL and FHP, have included MMC Materials UK Ltd which manufactures sustainable and compositable packaging and has taken 10,488 sq ft, and Upperton Pharma Solutions (Upperton), a UK-based specialist contract development and manufacturing organisation. Confident in the location, Upperton is investing circa. £15m in the design and bespoke build of its new 50,000 sq ft facility on the estate.

MMC Materials UK and Upperton join a range of other established businesses based on the 18-unit industrial site, including BW Flexible Systems, RSK Group and SRL Traffic Systems Ltd.

Northwood’s success is reflective of the high demand for space in the region. JLL’s own research has revealed that prime headline rents have risen by an average of 25.5% across the Midlands. The multi-let and mid box industrial market Spring 2022 report revealed that, in the East Midlands specifically, there remains eight months’ supply of space available, but is seeing comparatively little new speculative development. Regional demand for small units is particularly strong in the 3,000 sq to 5,000 sq ft and 10,000 sq ft to 20,000 sq ft range, with local and regional occupiers driving the majority of demand.

Trent Gateway’s sought-after green credentials include the likes of electric vehicle charging points; low air permeability design; warehouse skylights making up 15% of roof surface area increasing natural lighting; high performance insulated cladding and roof materials; and secure cycle parking all provided as standard.

Iain Taylor, Director at Northwood Urban Logistics said:

‘’We are very pleased to welcome our latest occupiers to the scheme. Trent Gateway has been proven to accommodate a wide range of occupiers who have been able to adapt the units for a variety of uses.”

Gemma Constantinou, industrial director at JLL East Midlands, said:

“Trent Gateway has benefited from having high-quality units in a market that is increasingly calling for more space. Crucially, though, this market also understands that the need to make greener choices, in the push towards Net Zero, is only intensifying.

The speed in which the entirety of Trent Gateway has been snapped up should be a clear, green light for developers to invest further in the East Midlands. We expect take-up to remain at a consistently high level for the next few years while the battle for availability continues at such a pace.”

Mark Tomlinson, Director at FHP commented:

“We are delighted to have delivered fully occupancy and such a strong Tenant lineup at Trent Gateway, which was delivered to service a pent-up demand from occupiers who have been hampered by an undersupply of industrial property in the region.

The East Midlands still has one of the lowest vacancy rates in the country, so we were not surprised to have brought forward such strong demand for the scheme.”

Located within Beeston Business Park and just one mile outside of the town centre, Trent Gateway is a 40-acre hub providing a mix of industrial and office space, all overlooking the Attenborough Nature Reserve.

ENDS

The demand for hardstanding land has continued to thrive across the Derbyshire region with a collection of leasehold deals completed in June.

FHP Property Consultants are pleased to have completed on 0.5 acres of land at Drakelow Business Park located in Burton on Trent to a UK leading provider of bond coat spraying and grab lorries.  Furthermore, a deal was agreed to let a 0.4 acre yard at Booths Industrial Estate in Ilkeston to a local civil engineering firm.

Dan Mooney of FHP Property Consultants comments:

“There is good demand from all types of businesses for small plots up to 1 acre.  We are almost fully occupied at Booths Industrial Estate with another plot under offer and a 0.2 acre plot remaining.  The lack of availability is also mirrored at Drakelow Business Park.  We are continuing to achieve market rents for our client and have further witnessed a 10-15% increase in rental values in the past 6-12 months across various estates. 

In addition to the recent success we are also under offer on two smaller plots comprising 0.25 and 0.33 acres at Drakelow Business Park and a 0.7 acre plot at Booths Industrial Estate.  In terms of other availability we are currently marketing a 1.2 acre plot of land at Cat & Fiddle Lane in Ilkeston.  The site is suitable for a variety of options such as storage and parking and benefits from good access to Junction 25 of the M1.”

For further information or to discuss any property related matter you have then please contact the FHP Derby Office on 01332 3434222.

FHP Property Consultants have been given the green light to market Unit 14.3, Amber Business Centre, Riddings, Alfreton.  The property is located in the popular and well established distribution and manufacturing estate which can be easily accessed by the A38 an A610 dual carriageways linking with the M1 Motorway (Junction 28).

The property comprises a mid terraced industrial/warehouse unit with roller shutter loading doors.  Internally the property is currently undergoing a light refurbishment and the specification includes – maximum 4.4 metre eaves, 3 Phase power and office/WC facilities.  The property comes to a modest size of 118.17m² (1,272ft²) and benefits from generous parking in front and to the side of the unit.

The industrial/warehouse unit is available on new lease terms at a rent of £12,000 per annum. Jamie Gilbertson of FHP Property Consultants comments:

“This could be the perfect property to start that new business venture or if you are an existing business looking to expand it could provide the additional space required.  The property could suit a variety of uses including storage, production and manufacturing.  I anticipate there will be good levels of interest in this property and I look forward to speaking with prospective tenants.”

For further information or to arrange a viewing please contact Jamie Gilbertson of FHP Property Consultants on 07398 443828 / jamie.gilbertson@fhp.co.uk or Darran Severn on 07917 460031 / darran@fhp.co.uk.

On behalf of a private client, FHP Property Consultants are pleased to have completed on the letting of Unit 2 Shipley Court located on Manners Industrial Estate in Ilkeston, on undisclosed terms. The latest success follows the letting of Units 4 & 5 Eagle Road on Quarry Hill Industrial Estate in March 2022.

Darran Severn of FHP Property Consultants comments:

“We received a good level of interest which translated into a great deal, and we were able to achieve the quoting rent. It is no surprise that the property was let in a matter of a couple of months from marketing to completion, given its presence on a well-established industrial estate.”

With two further properties, E15 Langham Park off Lows Lane, and Unit C West Hallam Industrial Estate, currently under offer, there are very few options remaining across Ilkeston either to purchase or let, but demand for good quality warehouse space remains particularly strong.

To discuss any property related matter you have, please contact Darran Severn on 07917 460 031 / Darran@fhp.co.uk or Jamie Gilbertson on 07398 443 828 / Jamie.gilbertson@fhp.co.uk.

ENDS

Darran Severn

June 2022

FHP Property Consultants are delighted to bring Unit 2 Canalside Industrial Estate, Ilkeston Road, Sandiacre to the market.  The property is situated on Ilkeston Road with excellent connectivity being 2 miles from the M1.

This industrial/warehouse unit provides a generous 297.15m² (3,197ft²) over two floors with the mezzanine being  102m² (1,107ft²).  Included in the property are two offices, one located on the ground floor and one on the first floor. The property has a generous amount of parking and is highly visible from Ilkeston Road which is one of the main roads into Sandiacre.

The property is available on a freehold basis at a guide price of £375,000.  Consideration will be given to leasehold offers with the guide rent being £22,000 per annum.

Jamie Gilbertson of FHP Property Consultants comments:

“It is great to bring a freehold industrial/warehouse unit to the market as there are currently very few freehold units available.  I have had a good amount of interest in this property so far, and I believe that this will continue with this being such a good property.  I look forward to hearing from interested parties.”

For further information or to arrange a viewing, please contact Jamie Gilbertson on 07398 443 828 / Jamie.gilbertson@fhp.co.uk or Darran Severn on  07917 460 031 / darran@fhp.co.uk.

Jamie Gilbertson

ENDS

June 2022

Clearbell UK Strategic Trust (CST or Clearbell), a Trust advised by Clearbell Capital, today announces that it has fully let its Flintstone Portfolio, with two news leases agreed at Orchard Court industrial park in Nottinghamshire.

The Trust has agreed leases totalling nearly 18,000 sq ft at Orchard Court. This includes a 12,900 sq ft warehouse, which has been let to Dawson Group, and a 5,000 sq ft unit, now let to AF Switchgear Limited. Orchard Court is well-located close to the M1, with connections to London and the North of England. The lettings follow asset management work to improve the EPC ratings of the assets, to an A and B rating respectively.

As a result of these agreements, the Flintstone Portfolio, purchased in February 2022 is now fully let. The portfolio of eight properties comprise distribution, industrial and an office.

Clearbell was advised by joint agents FHP Property Consultants and Commercial Property Partners.

Alice Murray, Asset Manager at Clearbell Capital LLP, commented:

“Investor and tenant appetite for industrial and logistics assets shows no signs of abating. The strong letting activity we have seen across the Flintstone Portfolio is also testament to demand for quality assets and the importance of strong ESG credentials when tenants are making leasing decisions.”

Chris Proctor of FHP Property Consultants, commented:

“I am delighted that Stuart and I have managed to conclude two lettings on behalf of Clearbell within a very swift marketing period. A high level of interest was achieved in both units and excellent commercial terms secured. The two units at Orchard Court provided modern good quality warehouse and distribution space within a strong location close to the A38 and Junction 28 of the M1.” 

Stuart Waite of Commercial Property Partners, commented:

“We are pleased to have concluded two leasing deals on behalf of our client following their recent acquisition of the estate. The units were let swiftly, at strong headline rental levels following competitive interest. To attract tenants the calibre of AF Switchgear and Dawson Group is a fantastic result for our client, who concluded a refurbishment programme within a tight timeframe post acquisition”

For further information on this deal or to see how FHP can help you with the disposal or letting of your premises, please contact Chris Proctor on 07747 464 770 or email chris@fhp.co.uk.

ENDS

30 June 2022

We are delighted to have moved to our new property. The whole process from start to finish has been smooth with a special thank you to Chris Proctor of FHP for assisting us every step of the way. We also have gained some new friends in James and David Bullock (Prospare / Conspare) who have been fantastic sellers. The new facility will really allow us to expand our operation and fulfil our long-term business plans.

On behalf of Conspare and Prospare Limited, we are delighted to announce the completion of their move to Castlewood Business Park, which has involved the business taking a bespoke design and build unit for their new home.  FHP Property Consultants additionally completed the sale of their former site at Bestwood Road, Pinxton to SIS Pitches, an internationally recognised leader in sports pitches, who will utilise the Bestwood Road site for their own occupation and investment.

James Bullock, Managing Director of Conspare and Prospare Limited commented:

“Having built both of our businesses at Bestwood Road over the last 45 years, we are sorry to be leaving our long-term home as a result of continued expansion. However, it’s good to know that we are leaving our Pinxton site in the hands of Paul and his team at SIS Pitches, who have been great to work with throughout the sale and handover process. We wish them every success in the future.”

Paul Barker, Managing Director of SIS Pitches, the new owners of Bestwood Road, Pinxton commented:

“We are delighted to have moved to our new property. The whole process from start to finish has been smooth with a special thank you to Chris Proctor of FHP for assisting us every step of the way. We also have gained some new friends in James and David Bullock (Prospare / Conspare) who have been fantastic sellers. The new facility will really allow us to expand our operation and fulfil our long-term business plans.”

(Conspare / Prospare’s new property on Castlewood Business Park)

Chris Proctor and Tim Gilbertson of FHP Property Consultants commented:

“Overall, this has been an excellent result for all parties involved with Conspare and Prospare moving to a superb new facility to aid their further expansion and growth, along with being able to find a new home for SIS Pitches. We are delighted to be involved in both transactions and are pleased to see both these businesses growing in the local area.”

Freeths Solicitors acted on behalf of Conspare in relation to the property transactions.

For further information on this deal or to see how FHP can help you with the disposal or letting of your premises, please contact Chris Proctor (07747 464 770 / chris@fhp.co.uk) or Tim Gilbertson (07887 787 893 / tim@fhp.co.uk) of FHP Property Consultants.

ENDS

24 June 2022

FHP Property Consultants are pleased to bring to the market a two storey warehouse unit at Days Space Business Centre off Litchurch Lane in Derby.  Litchurch Lane is situated off Osmaston Road which is approximately 1.5 miles south of Derby City Centre.

The accommodation provides warehouse space over two floors totalling 674.08m² (7,256ft²).  The ground and first floor benefits from full concrete floors and an eaves height of 3 metres.  There is forklift access through a loading passage via a full height roller shutter door.

The warehouse is available on new lease terms at a rent of £35,000 per annum.

Jamie Gilbertson from FHP Property Consultants comments:-

“This is a very unique warehouse providing accommodation over two floors, but I believe with stock running low and the accessible location, we should receive a good level of interest.  I look forward to speaking with any interested parties.”

For further information or to arrange a viewing, please contact Jamie Gilbertson on 07398 443 828 / Jamie.gilbertson@fhp.co.uk or Darran Severn on 07917 460 031 / darran@fhp.co.uk.

Jamie Gilbertson

ENDS

June 2022