Following an extensive marketing campaign and a flurry of lettings over the last few months, joint agents FHP Property Consultants and Commercial Property Partners have achieved full occupancy at the Air Cargo Centre at East Midlands Airport.

The Estate comprises some 20 units totaling circa 150,000ft² and was purchased by M7 Real Estate on behalf of investors just under 12 months ago, at which point the estate was two thirds occupied.

Three recent lettings have filled the estate including 5,500ft² to HGV Direct, 14,000ft² to Norsk Global and 5,900ft² to DHL.

Tim Richardson of FHP Property Consultants comments:

“Following the acquisition of the Estate by M7 Real Estate, the marketing was relaunched and both FHP and CPP had a good level of enquiries from high quality companies.  In fact we still have requirements for the Air Cargo Centre which we have not been able to satisfy there.  The calibre of these companies and the rental tone set highlights the benefits of this location and the standard of units on offer.”    

Stuart Waite of CPP comments:

“We are delighted to reach full occupancy at Air Cargo Centre following a busy few months of letting activity, demonstrating resilient levels of demand for good quality, well positioned warehouse facilities in the region. We’ve managed to attract some fantastic occupiers to the estate, driven largely by its position at the centre of the region on the East Midlands Airport campus, just a stone’s throw from the M1”

James Chasen, Asset Manager at M7 Real Estate adds:

“We are very pleased to have been able to acquire this Estate, drive the rents and achieve full occupancy on behalf of our investors within a relatively short period.”

The Air Cargo Centre is situated on the East Midlands Airport Campus with excellent access to the M1 Motorway at Junctions 23a and 24.  East Midlands Airport is the UK’s number one pure cargo airport managing over 365,000 tonnes per year and is home to leading air freight operators such as DHL, TNT and UPS, as well as being a major air hub for the Royal Mail.

For further information, please contact Tim Richardson at FHP Property Consultants on 01332 343 222 or Stuart Waite at CPP on 0115 697 7063.

Cost effective warehouses, offices and ancillary space all on a large secure yard available leasehold.  The site is located in Pinxton on Junction 28 of the M1 Motorway.

The site consists of substantial warehouse accommodation suitable for storage, workshops, production or manufacturing alongside excellent office accommodation with parking and yard facilities, with the option of external/outside yard space.

The site is available as a whole or split depending on the requirement and we look forward to discussing all enquiries with interested parties and whether we can meet specific requirements on this very flexible site.

For further information on this site please contact contact Anthony Barrowcliffe on 0115 950 7577 or anthony@fhp.co.uk.

Space at Junction 28 of the M1 on both sides of the Motorway continues to be much sought after, as proved by an off-market deal concluded by Tim Gilbertson of FHP.

Tim Gilbertson takes up the story:

“It was great to let quickly this surplus space of 27,000ft² just off the A38 at Junction 28 on behalf of long term clients.  When asked to market the space, as always I immediately approached a most likely party to take the building and was therefore able to quickly show them round, agree terms and instruct solicitors without the need for boards, marketing or indeed any additional cost being incurred on behalf of clients.  It is always particularly satisfying to conclude a deal in this way as it is our market knowledge which is key and enables us to fill space where others can sometimes struggle.

The deal concluded sees local distribution company Silver X take further space and we wish them well with their expansion into the building.

With space at a premium around Junction 28 and design and build deals being concluded on a freehold and leasehold basis still there is good underlying demand for both space to rent and purchase.  We would be delighted to put forward marketing thoughts on any instructions as demand seems to continue unabated, regardless of the ways of the world!”

For further information please contact Tim Gilbertson at FHP on 0115 9507577 or tim@fhp.co.uk.

Stock levels throughout the East Midlands for warehouse, production, and storage space still remains very low, and we have found that good quality buildings continue to be bought and let. FHP have achieved excellent success along the A1 corridor so far this year which we believe demonstrates a clear demand in this region, with a further 6 months remaining of the year to achieve even more success.

We are still receiving good amounts of enquiries for units down the A1 Corridor and in particular Newark, Lincoln and Grantham regions, therefore we would be delighted to talk about the market for both leasehold and freehold instructions with landlords and tenants alike. We believe there is currently a really positive message within the marketplace to either sell or let your property and that the economy is still strong regardless of what is going on within British politics.

2019 has been a successful year for FHP along the A1 corridor having already completed two successful lettings, over 70,000ft² in Worksop and 65,000ft² in Tuxford, totalling 135,000ft² at the halfway point of the year, with a further 5,200ft² having just been put under offer in Lincoln.

Although the A1 is not regarded as highly as the M1 corridor for industrial and distribution space, the location has performed well and it is exceptionally amenable, hence the success we have had, and we believe will continue to have.

Over the last few years stock available on the A1 Corridor in the East Midlands has been limited, however we are delighted to have recently been appointed to market several properties within this region including; Roseland Business Park, Balderton Business Park and Pioneer Way in Lincoln.

For further information on space available throughout this region please contact Anthony Barrowcliffe (anthony@fhp.co.uk ) or Tim Gilbertson (tim@fhp.co.uk ) at FHP Property Consultants.

ith stock levels throughout the East Midlands for warehouse and production space still low, good quality buildings continue to be snapped up quickly as demand continues for distribution space in the region.

Tim Gilbertson, Director at FHP Property Consultants, has just concluded a further warehouse letting in Worksop of over 70,000ft² in what is often regarded as the “less fashionable” A1 corridor, but where success has been achieved in recent times due to the availability of good quality space and alternative options unlike the more traditionally favoured M1 corridor.

Tim Gilbertson commented:

“This is the second large warehouse I have let on the A1 this year.  After disposing of over 65,000ft² at Tuxford in Spring of this year, which was a high bay warehouse, I have now let similar, but more modern space at Worksop amounting to over 70,000ft².

The A1 is not as well regarded by many as the M1 corridor for space but with stock levels low, the location has performed well recently, and it is great to see this further deal completed.

Our aim now is to secure more space to bring to the market as despite these testing times, the property market locally and indeed the economy in general still seems to have strength within it, as testified by ongoing requirements we receive and the inability for current market supply in all sectors, sizes and locations of the industrial and distribution market to meet demand.

Enquiries are still coming in with frequency and in good numbers for space from as little as a few thousand square feet up to 100,000ft² and beyond.  For any potential clients out there, I would be delighted to chat through the market and give them a positive response if they are looking to sell or let their building in a time when positive messages need to be given to convey the strength of the economy, regardless of the activities of our so-called leaders in Westminster!”

For further information or to see how FHP and Tim Gilbertson can help you, please contact him on 0115 9507577/tim@fhp.co.uk.

I am thrilled to bring to the market this new high-quality industrial development south of Newark.  All units are offered freehold and have been fitted out to shell specification with WC and 3 phase supply. The development consists of 10 industrial units of steel portal frame construction with low level elevations of brick beneath a pitched clad roof with translucent roof lights.  Each unit has 5m eaves, electric roller shutter doors, and provides excellent parking facilities.

Anthony Barrowcliffe of FHP comments: –

“I am pleased to offer these small industrial units’ freehold to what I believe to be a starved marketplace.  The estate is situated on a secure fenced site and has been done to a modern specification with the option of combining units to meet various size options.  I am excited with the prospect of this estate and giving local businesses the opportunity to be in charge of their destiny in owning their own unit.”

 For further information on this property please contact Anthony Barrowcliffe on 0115 950 7577 or anthony@fhp.co.uk.

FHP Property Consultants string of successful lettings and sales on Cotes Park Industrial Estate in Alfreton, just off J28 of the M1 and the A38 continues with the latest deal completed by Tim Gilbertson, Director of FHP.

A further 25,000ft² building has been let to expanding local occupier George Utz Limited, securing a rapidly completed disposal of good quality warehouse space on the site.

Tim Gilbertson, who acted on behalf of the landlord in the disposal, commented:

“It was a pleasure to deal with George Utz and to help with their continued success and expansion on the estate.  This is the latest in a stream of deals where we have transacted on over 200,000ft² on the estate already within 2019 with a string of both leasehold and freehold disposals.

The Junction 28 market continues to perform well and the biggest issue, as always seems to be the case, is the lack of stock and options as we had to disappoint again other potential tenants for this building. 

We have an excellent warehouse of just over 40,000ft² available on the other side of the M1 which offers high calibre second-hand space immediately available and we also have a speculatively built building of 72,000ft² which are the only mid / large range stock available at this motorway junction. 

Both are likely to be taken up soon, so it would be a great time, with the market still alive and kicking, to put on further space in the region to meet demand”.

For further information on this disposal or to contact Tim Gilbertson at FHP to assist with the letting or sale of your industrial / warehouse building, please contact him on 0115 9507577 / tim@fhp.co.uk.

With a limited selection of new build industrial property options in Derby, FHP Property Consultants are pleased to announce a new development on the west side of the City Centre.

Occupying a convenience and accessible location off Uttoxeter Old Road, construction at Crown Park is due to start next month.

This new development by CWC Group will comprise 6 industrial/trade counter/warehouse units ranging in size from 2,500ft² to 7,696ft² available individually or in combination.

Tim Richardson from sole agents FHP Property Consultants comments: –

 “CWC have an excellent reputation in providing high quality business properties having developed successful schemes across the region including Ivanhoe Business Park in Ashby, Castlewood Business Park at Junction 28 and East Midlands Distribution Centre.  Based locally, they are committed to providing good value and customer service and have an excellent track record.

 This development fills a gap in the market where we know businesses and trade counter operators who want to be located on the wide side of the City, yet with excellent access to the inner ring road and trunk road connections including the A38 and A52.

 They will be in good company with Build Base, Electric Base and Plumb Base nearby and we have already attracted the first national trade counter operator to the scheme.”

 Hannah Bailey from developers CWC Group adds:-

 “I am really excited to get underway with the construction of Crown Park. This scheme focuses on offering high quality, sustainable units close to Derby city centre which has already attracted healthy interest from various local and national occupiers.”

 The buildings are due to be completed by March 2020 and will be offered for sale or to let.

Further information from FHP Property Consultants on 01332 343 222 or email timr@fhp.co.uk

Following the sale of industrial premises and yard at 8 Eagle Road, Quarry Hill Industrial Estate to Advance Auto Recovery, FHP Property Consultants have since let Unit 4/5 of some 2,300ft² to Midland Precision Engineering.  The property was let straight away upon expiry of the previous lease and demonstrates the strength of demand for industrial premises in Ilkeston.

Elsewhere, FHP Property Consultants have completed the sale of office and industrial premises comprising some 11,000ft² at Unit 10 Langham Park on behalf of a private investor.  On the Manners Industrial Estate, a site of four acres is also under offer and industrial development on that plot in anticipated in the near future.

Tim Richardson from FHP Property Consultants comments: –

 “Over the last few years, industrial premises in Ilkeston and the immediate surrounding area have proved extremely popular due to proximity to the motorway network and the major Cities of Derby and Nottingham.  The opening of the railway station has enhanced transport links.  There is a limited supply of buildings on the two main estates, Manners and Quarry Hill, although we have one office/storage unit of 2,000ft² for sale or to let on the Manners Industrial Estate.  Due to the supply side shortage both rents and freehold values have continued to rise.”

 If you have industrial premises in Ilkeston or are considering a relocation within the area then please do get in touch with Tim Richardson at FHP Property Consultants on 01332 224 857 or email timr@fhp.co.uk.

Acting on behalf of private client, FHP Property Consultants have sold an end terrace industrial/office property at Ascot Business Park.  Comprising just under 3,000ft² of high quality space including offices at both ground and first floor level, storage and on-site parking, interest in the property was good with multiple offers being received.

The sale was concluded to expanding local business, Bailey Construction, a family run business with a wealth of experience in the building and construction industry.

Tim Richardson from FHP Property Consultants comments: –

 “The properties on this estate always prove popular and we have recently placed another building on the market nearby, slightly larger at 3,400ft² and offered for sale at a guide price of £305,000.  These buildings are achieving around £90 per ft², so trade at a discount to new build and are fully fitted with office, heating, lighting, data cabling, cctv and the like.  In spite of some uncertainty over Brexit, most businesses are taking a long-term view and with a shortage of suitable properties the sector will remain resilient.”

 If you are looking for premises, or wish to have a discussion about options then please contact Tim Richardson at FHP Property Consultants on 01332 224 857 or email timr@fhp.co.uk.

With some development underway and much more in the pipeline, there are industrial schemes in Derby to suit all sizes.  At the larger end of the spectrum, Panattoni are constructing a vast 370,000ft² distribution unit nearing completion at Derby Commercial Park.  At the other end of the scale CWC are due to start on site next month offering buildings from 2,500ft² to 7,700ft² either to rent or buy.    Crown Park at Parcel Terrace is situated off Uttoxeter Old Road near Build Base and will total some 30,000ft² of excellent quality new space.  Full details will be released shortly via FHP Property Consultants, with the buildings to be completed by December 2019.

At Victory Park in Sinfin, next to Rolls Royce Civil Aerospace Campus, FHP are marketing the final phase of this highly successful scheme.  A sale has already been agreed on one unit, with the other two of 13,500ft² and 28,500ft² being offered either for sale or to let and due to be completed in January 2020.  The buildings will be detached, with 2 storey offices and again full details and pricing are available through FHP Property Consultants.

Elsewhere in the City planning applications have been submitted for mid size boxes at Derwent Triangle and Megaloughton Lane, which mean a wide range of sizes will be available in Derby.

Tim Richardson from FHP Property Consultants comments: –

“We have completed several lettings of modern space in the Derby area in recent months including units totalling around 35,000ft² at Raynesway Park, several units on Osmaston Park Industrial Estate, and further lettings agreed at West Meadows and surrounding areas resulting in there being little availability of existing industrial space in Derby.  Historically we have found companies looking further afield to satisfy their requirements and relocating to areas such as Castle Donington, Ilkeston, Alfreton and the like due to the lack of suitable properties in Derby itself.

This wave of new development will go some way in satisfying the existing demand for properties in Derby and will benefit the City as a whole.

We will be delighted to talk to anyone considering a relocation.  If discussions are held at an early stage then it is possible for buildings to be adapted to incorporate specific occupier requirements.”

 For further information please contact Tim Richardson at FHP Property Consultants on 01332 224 857 or timr@fhp.co.uk.

It is great to see steelwork going up at Crosslink 646 for two expanding new occupiers who have purchased buildings of 66,000ft² and 29,000ft².

Full details to follow soon but the first building will be ready in August this year with the other to follow in November with our two new buyers excited to take space on this great scheme.

With land available still for design and build units to buy or rent from 50,000ft² to 120,000ft², in a prime location just south of Loughborough and north of Leicester off the A6/A46 and within moments of Junction 21A of the M1, what a great opportunity, particularly when very competitive rents and prices are available.

Agents Tim Gilbertson of FHP and Mike Allwood of Andrew & Ashwell would be delighted to provide you will full details or show you around the site in what is one the best locations in the region.

A fully fitted food production unit with food industry flooring, panelling, fridges, freezers and blast chillers available freehold.  The former occupant supplying sandwiches to various customers including the NHS for over 30 years.  This unit is to be sold with vacant possession as seen and is ideal for any form of food related business to purchase a ready to go unit.

The unit is situated in Bulwell Nottingham, some 4.5 miles from the City Centre, and is near Junction 26 of the M1 Motorway. This is a mid-terrace unit with production space on the ground floor with an internal mezzanine floor providing offices, board room, and changing facilities, there also being a separate secure parking facility within a gated compound.

Anthony Barrowcliffe of FHP comments: –

“Perfect for any food company to commence production/manufacturing/trading immediately, saving significant amounts of time and cost on fitting out an industrial unit. The former occupant adhering to the highest food safety standards and being STS Accredited for many years.

 For the right purchaser I see this as a superb opportunity to either launch a new product, expand their operation, enter a new market, have controlled refrigerated storage, or use this as an overflow facility.  This location being exceptionally well positioned to service the whole of the East Midlands and is ready to go!”

For more information on this available unit, please contact Anthony Barrowcliffe of FHP Property Consultants on 0115 841 1148 or alternatively email anthony@fhp.co.uk.

I am delighted to offer to the market this very exciting new site on Daniels Way, Hucknall. Planning has been submitted for 9 small to medium sized industrial units.  We believe this to be a rare opportunity for a purchaser to either buy their own industrial unit or to potentially acquire the whole site.

The intention is for the refurbishment and split of the existing building alongside building new industrial units on the site. The units are to be self-contained and made of steel portal frame, providing an excellent modern industrial specification. Daniels Way is an established industrial area of Hucknall and provides excellent access to both Junction 26 and 27 of the M1 Motorway and offers excellent public transport along Watnall Road.

Anthony Barrowcliffe of FHP comments: –

“Planning has been submitted for 9 industrial units, all varying in size with the capability of subdivision and combining.  This site has the means to fulfil many freehold requirements providing a variety of size options.  Therefore, I look forward to discussing this with all parties and I am thrilled to be able to bring freehold industrial units to the market.  Practical completion for the 9 units is targeted for Q4 2019, however the site in its entirety is available immediately with vacant possession.”

For more information on these available units, please contact Anthony Barrowcliffe of FHP Property Consultants on 0115 841 1148 or alternatively email anthony@fhp.co.uk.

Having developed out over 1.5 million sq ft of space at Castlewood, CWC Group and their agents Tim Gilbertson of FHP and Ranjit Gill of Savills are delighted to confirm the further lease of a prime Grade A warehouse to Alloga for their continued local expansion.

The latest deal sees them lease a further 250,000ft² on the site, taking their occupation at Castlewood to over 750,000ft² of prime distribution space adjoining the M1 at Junction 28 and the A38.

Castlewood’s success is astonishing, proving its position again as one of the East Midlands foremost distribution and manufacturing locations as its attractions of a prime location adjoining the M1, available workforce and a developer who takes a pragmatic, sensible and indeed ‘friendly’ approach to all transactions has seen the location thrive over the last few years.

Development Director at CWC, James Richards commented:

“Like Castlewood itself, Alloga’s expansion has been a terrific success story.

On our 120 acre site Alloga now occupy three buildings totalling over 750,000ft² and our success has gone hand in hand with their growth.

With the site augmented a year or two ago with the addition of further facilities to include petrol filling station, Costa drive-thru, convenience store and Greggs outlet, we have seen even more interest come forward and more deals be agreed.  The strength of demand has seen us now also speculatively construct a 72,000ft² warehouse where we hope to bring forward good news shortly as that nears completion whilst our agents continue to bring us design and build deals.

Castlewood has always attracted not only the ‘big box distributor’ as Alloga are joined by the Co-op amongst others for distribution on the site but we have also managed to attract smaller scale manufacturing occupiers such as Parker Knoll, Midland Aerospace and Bombardier.

With further deals hopefully to come later this year the site goes from strength to strength and perhaps most pleasingly of all given the scale of Castlewood we can still offer buildings from as little as 20,000ft² to over 200,000ft² to purchase or rent.  The ability to offer both sales and lettings of completed buildings being key as many of the competing sites in the region are only interested in leasehold disposals.”

Agent for the scheme, Tim Gilbertson of FHP added:

“CWC should be applauded in their approach to Castlewood, it is a pleasure to work with them on this scheme to see the site grow and blossom over the years.

As James Richards mentions we have attracted not only big box distributors but also smaller manufacturing companies and indeed the range of occupiers includes local businesses through to Plc tenants.  Our speculative unit of 72,000ft² continues to attract interest and hopefully there will be good news to announce there shortly but also we can still offer design and build opportunities for local occupiers through to the biggest box requirements.”

For further information on the latest deal or to discuss if Castlewood might suit your business as its new home then please contact the agents:

With stock availability on the A1 Corridor in the East Midlands poor, it is pleasing to see the sometimes less well regarded A1 Corridor achieving deals.

Tim Gilbertson of FHP has disposed of just over 63,000ft² of space at Tuxford off the A1 near Newark on behalf of long term clients with expanding local distribution company UCD Facilities taking the space.

Tim Gilbertson commented:

“This is a good quality building that let very quickly despite the A1 being regarded by some parties as less attractive than the M1 Corridor.

With the benefit of 10 metre eaves and both dock and level access loading, we agreed a deal without delay to UCD enabling their relocation.

We wish them well in their new space.

There is stock available on the A1 Corridor, indeed we have recently been appointed to market three warehouses on Roseland Business Park slightly further south between Newark and Long Bennington where flexible leases are offered for short or long term occupation, many of the buildings having large yards.

With space there available from as little as 15,000ft² upwards and with our client’s estate at Tuxford full I might be able to turn some of the enquiries for that space into space further along the A1.”

For further information on space available throughout the region please contact Tim Gilbertson at FHP on 0115 9507577 or tim@fhp.co.uk.

With one of the largest sales concluded in the region this year, Tim Gilbertson, Director of FHP has teamed up yet again with long standing clients PMW Property to dispose of good quality warehouse space of over 70,000ft² just off the A38 at Junction 28 of the M1 on Cotes Park Industrial Estate at Somercotes, Alfreton.

The sale has been quickly concluded to an expanding local occupier.

Tim Gilbertson commented:

“PMW Property have owned this building for a number of years and we have dealt with it on a variety of occasions and it’s a delight this time around to put together a deal which saw the building sold to a local occupier.

This is a great ‘marriage’ between valued long term clients and an expanding local occupier and the transaction was as smooth as one could ever expect for a building of this size and magnitude with both parties acting quickly to ensure the deal was completed and to everybody’s satisfaction.

This is probably the fifth or sixth transaction we have concluded for PMW on the estate in the last 6 months and it is this local knowledge which has helped us secure so many deals for them.

Also, equally pleasing is seeing the ongoing success and expansion of the buyers and I am delighted to play a small part in their further growth too.”

Matthew Wrigley of PMW Properties added:

“Cotes Park Industrial Estate is an area we have been very active in for over 10 years now.  Working alongside Tim and the rest of the team at FHP I’d like to think we have become the go to pairing for occupiers when looking to find new stock or dispose of existing.  The deal that we have just done on Bramble Way has ticked boxes for all parties involved and allows us all to drive our businesses forward in a positive way.” 

Tim Gilbertson concluded by adding:

“Yet again we see stock going out the door quickly in the region and whilst we have added further new instructions to meet ongoing demand, I am always keen to speak with potential clients who may have properties to sell or let anywhere throughout the East Midlands.

Whilst we all remain concerned over Brexit, East Midlands companies seem to be taking the sensible and pragmatic view, especially in light of the latest delay, that the world must go on and therefore demand has not changed and we remain in need of extra stock on both a freehold and leasehold basis of all sizes and in all locations.”

For further information or to see how Tim Gilbertson of FHP could help you please contact him on 0115 9507577 or tim@fhp.co.uk.

Freehold commercial properties for local businesses don’t come up for sale very often and therefore we are pleased to be able to offer premises at Longbridge Lane on the Ascot Business Park.

This mid terrace unit is in very good condition having been constructed around 2007.  In addition to warehouse/workshop space, the property has the benefit of ground floor reception area, kitchen, wc and additional first floor office space has been constructed to an excellent standard.  The building extends to a total of 3,400ft² of space and is available for sale at a quoting price of £305,000.  The property has a full height loading door and parking area to the front.

Tim Richardson of FHP Property Consultants comments: –

“This is a very popular estate and we have sold or let several units here over the last year or so and they have proved popular every time.  Our clients are relocating and therefore this is indeed an opportunity to acquire freehold premises for occupation or investment.  It will ideally suit a local business looking to take the next step.” 

Ascot Drive is a very popular location with both manufacturers, trade counter and warehouse operators alike, having easy access to both the City Centre, outer ring road and trunk road connections beyond.

For further information or to arrange a viewing please contact Tim Richardson at FHP Property Consultants on 01332 224 857 or timr@fhp.co.uk.

A range of buildings, all ideal for short or long term storage or production purposes in a great location just off the A1 with direct access to the site and a beautiful working environment all add up to make Roseland Business Park between Long Bennington and Newark, just off the A1 in Nottinghamshire, one of the region’s foremost locations for flexible, cost effective manufacturing, storage or indeed office space.

Therefore, Tim Gilbertson of FHP and team are delighted to be appointed to act as joint agents with JLL on the disposal of the various units on site here with tenants now sought.

Tim Gilbertson commented:

“I have had involvement with Roseland Business Park on and off for a number of years under the previous ownership and now with the estate owned and managed by South Street Capital I am delighted that we have been asked to formally come on board to market space here.

Whilst long term we will announce news of design and build offerings, our focus at present is on the disposal of various opportunities ranging from small office/hybrid space from a few thousand sq ft up to large warehouses of nearly 50,000ft² with various options in between plus extensive yards and parking areas.

The buildings are great, no one is trying to suggest that they are brand new and top of the range but what they do offer is value for money, secure self contained storage or production opportunities and in the case of the little office and hybrid unit we have a great base for any expanding company seeking access to the A1, easy access for clients and staff alike plus extensive parking.

What is also great about Roseland is that there is 24 hour security, combined with 24 hour access at a nominal cost.  It really is a great location.

There is something at Roseland to suit almost every occupier and myself and my colleagues will be delighted to put deals together here for short or long term occupation over the coming months.”

Helen Macrow of owners South Street Capital added:

South Street Capital, and the Roseland Business Park team are delighted to welcome FHP on board as joint agents.  We look forward to working with them to promote both the great value existing accommodation on site, and to develop Roseland Business Park further with the exciting Design & Build opportunities available.

FHP are working with JLL on this disposal and for further information, to discuss or view please contact us on.

We engaged the services of FHP to let our commercial property in Plumtree. Chris Proctor advised on probable realisation rentals, suggested rental terms and gave his view on enhancement works that would help make the property more attractive.

His advice was clear and thorough. Our dealings with him have left me with the impression that we were dealing with a very professional adviser, one who helped find and secure an extremely suitable tenant.

We would not hesitate to recommend him, or FHP, to others looking for a professional company to assist with commercial property related matters.

The ability to buy freehold industrial and warehouse space around Nottingham has been incredibly limited over the last few years and particularly this has been the case when occupiers have been trying to buy buildings with large yards.

Therefore, hopefully the opportunity that Tim Gilbertson and Chris Proctor of FHP are bringing to the market at Pintail Close in Colwick will appeal to many potential buyers as Tim explains:

“Values have risen substantially in Nottinghamshire over the last few years in terms of warehouse and production space, as a result of good levels of demand, with local companies trying to expand and grow but with very low levels of supply making moves so difficult to achieve, particularly when large yards are required for vehicle parking, external storage etc.

Therefore I really hope that this opportunity that I am just bringing to the market at Pintail Close in Colwick will go well as it offers a good quality warehouse or production unit of just over 13,000ft² with large yard which is available to buy.

There is really nothing like it on the market throughout Nottingham that I can think of or indeed probably the County or even further afield so hopefully we will quickly receive interest and start showing potential buyers around.”

For further information on the opportunity or to arrange to view please contact Tim Gilbertson or Chris Proctor of FHP on 0115 9507577 or tim@fhp.co.uk / chris@fhp.co.uk.

Established Derby based business, Daher Aerospace UK, have taken additional space on Raynesway Park, within a few minutes drive of their main customer, Rolls-Royce.

FHP Property Consultants brokered the letting of this modern detached warehouse unit of 14,600ft².

Tim Richardson of FHP Property Consultants comments:-

“Raynesway Park occupies in an excellent position on the south east side of the City on Raynesway, providing fast access on major trunk roads both round Derby and beyond including the A50 dual carriageway  linking to the M1.  Being within a few minutes drive of their major customer and their own UK headquarters in Sinfin was a main consideration, and the refurbishment by the landlords has provided a high quality space.

We are currently experiencing a shortage of modern space within Derby and the surrounding area.  Indeed, on Raynesway Park the adjoining units of 11,000ft² are under offer and Unit 2 of 5,000ft² has also recently been let.”

Daher Aerospace are renowned experts in industrial integrated logistics, flow line handling equipment, engineering, and industrial packaging with their UK headquarters in Derby.  The business is represented in 11 countries with a global revenue of €1.2bn, specialising in aerospace and advanced technologies.

For further information please contact Tim Richardson from FHP Property Consultants on 01332 224 857 or email timr@fhp.co.uk.

I want to thank Anthony for all his hard work in the sale of our unit at Little Tennis Street South, Nottingham.  I have been most impressed by his professional approach and helpful manner and by the way he has kept me informed of progress.  Rest assured if I ever want to buy or sell commercial property, Anthony Barrowcliffe would be my first and only contact to appoint.

I brought F2 Trent Park Trading Estate to the market late Monday afternoon, to then put this under offer first thing Wednesday morning, with 3 offers being received and not even enough time to erect a marketing board.

Unit F2 was a mid-terraced warehouse unit with internal mezzanine offices on a shared estate, measuring in at 2,020 ft² and being located just off the popular Little Tennis Street South in Colwick, Nottingham.

Anthony Barrowcliffe of FHP comments: –

“Priced competitively and sold quickly, fulfilling the client’s instructions exactly. My instruction was to achieve circa £80psf and to complete on this as quickly as possible. From start to finish the whole process took less than 4 weeks, this demonstrating that quick deals can be done at good levels.”

John Lennon the former owner of F2 Trent Park Trading Estate comments: –

“I want to thank Anthony for all his hard work in the sale of our unit at Little Tennis Street South, Nottingham.  I have been most impressed by his professional approach and helpful manner and by the way he has kept me informed of progress.  Rest assured if I ever want to buy or sell commercial property, Anthony Barrowcliffe would be my first and only contact to appoint.”

For further information on how FHP can help with the sale or letting of your commercial property, or for assistance helping you find the right property to meet your requirements, please do not hesitate to contact FHP.  We also offer a variety of other services to both landlord and tenant such as reducing your business rate liability or assisting with upcoming lease events such as lease renewals or rent reviews.

For more information on this press release, please contact Anthony Barrowcliffe of FHP Property Consultants on 0115 841 1148 or alternatively email anthony@fhp.co.uk.

An industrial unit in Nottinghamshire has been acquired by Tim Gilbertson on behalf of Rotherhill Developments.  The unit was marketed by Rob Haigh of Lambert Smith Hampton.

Tim Gilbertson, Director of FHP acted on behalf of long term clients Rotherhill in swiftly identifying the opportunity and concluding the purchase.  He commented:

“This was a rare opportunity to purchase a standalone unit with a substantial and secure yard, ideally situated for access the M1 motorway”.

The acquisition was overseen by Ed Jeffery, development manager at Rotherhill.  Ed commented:

“This is a strategic purchase providing a number of opportunities which we are currently progressing.  The property has required clearance and partial demolition ahead of refurbishment, with further expansion being considered.  Full details to be announced in the near future, but our thanks to all parties involved and to Tim in particular for bringing this to our attention.”

Tim Gilbertson concluded by adding:

“I was delighted to acquire this opportunity for Rotherhill, on whose behalf we have had terrific success recently acquiring and disposing of space from as little at 1,500ft² up to 70,000ft².  They are very active in the market and this was a great deal for all concerned, evidenced by the speed with which the transaction was agreed and then completed.  We look forward to announcing further plans for the unit and site in the near future.”

PMW Properties excellent Optimum Business Park scheme at Swadlincote is now down to the last available unit following the completion of a sale brokered by Tim Gilbertson of FHP with joint agent Phil Randle of Salloway.

The latest deal sees local occupiers, Astec Conveyors, purchase a further building to enable their continued success and expansion leaving just one unit available on the scheme which can be purchased or rented.

Tim Gilbertson commented:

“Since its inception the scheme has been a great success.  We have attracted a range of occupiers from national brands such as Toolstation through to expanding local occupiers such as in this case Astec Conveyors.

Of the ten units built only one is now available and this can be purchased or rented.  Sadly, with no further land on the scheme this is the last opportunity so it is now or never for any occupiers thinking that the time is right to buy or rent new space.

The last unit is just over 4,200ft² and anybody buying here will be making a sensible decision as evidenced by the other occupiers we already have on site.”

Phil Randle of Salloway added:

“It has been great working on this scheme, it is just a pity there is no further land available for an extension to it.

It has really filled a gap in the local market, particularly on a freehold basis where stock has been impossible to find for a number of years.  No doubt the final unit will go under offer shortly and we will be putting up the ‘full house’ signs at Optimum Business Park!”

For further information on the last of the units please contact Tim Gilbertson on 0115 9507577 / tim@fhp.co.uk.

FHP Property Consultants working with Clients, PMW Property, are pleased to confirm that West Way has reached full occupancy following deals with Permaroof Limited, Excel Press Limited and The Silver X Group Limited.

The lettings combined a total of over 100,000ft² in size and further highlight the demand from local, regional and national Tenants around J28 M1.

Matthew Wrigley of PMW Property commented:-

“After a short period in having the properties vacant, between ourselves and FHP the site is now back to full occupancy. All new tenancies are companies known to ourselves and FHP, all local companies and all expanding. It is great to see all these local companies expanding like they are especially with so much uncertainty floating around us currently”.

Chris Proctor and Tim Gilbertson of FHP Property Consultants commented:-

“We are working with PMW Property on a number of their units across the region and are delighted to see further success being achieved at Cotes Park Industrial Estate.

We have further space available in the area most notably across the road on Birchwood Way with a large industrial unit of circa 31,000ft² with ancillary office and yard space available to let on highly competitive lease terms and we would be delighted to discuss this opportunity with any interested parties”.

For further information on industrial opportunities please contact either Chris Proctor or Tim Gilbertson on 0115 950 7577 or alternatively email them at chris@fhp.co.uk or tim@fhp.co.uk.

END

Chris Proctor

Tel: 0115 9507577 / Email: chris@fhp.co.uk

Date:  28^th March 2019

FHP Property Consultants are pleased to have achieved a sale of industrial premises and yard space on the Quarry Hill Industrial Estate in Ilkeston, Derbyshire.

Following an extensive marketing campaign, offers were invited from interested parties and terms agreed for Advance Auto Recovery to purchase the premises.  The property comprises 2 industrial buildings totaling 6,421ft² on 0.75 acres, having a guide price of £600,000 and for many years was previously the home of AC Generators.

Tim Richardson from FHP Property Consultants comments:

“The property suits Advance Auto Recovery ideally having both workshop space and substantial yard, and also being within easy access of the M1 Motorway.  There were a few hurdles to overcome including obtaining planning consent and the legal process and I am pleased that in the end we had a successful outcome.  The interest in the site demonstrates that there is strong demand for freehold premises across the region and businesses are still looking to acquire premises for relocation”.

Advance Auto Recovery have been established for over 30 years, operating as a 24 hour breakdown, rescue and Recovery service to fleet customers, private motorists and major breakdown and recovery organisations.  They also undertake specialist and prestige vehicle transportation.

Ian Meads from Advance Auto Recovery comments:

“We are pleased to have secured these new premises which will allow for our expansion, enabling us to offer an even higher level of service to our customers and a new training centre”.

For further information please contact Tim Richardson at FHP Property Consultants on 01332 224 857 or email timr@fhp.co.uk.

When the 2017 Rating List came into effect on 1 April 2017 the Rateable Value of all business properties within England and Wales changed, some Rateable Values went up and some went down, there were winners are losers across the country.

As a result, the Government introduced a transitional relief scheme which essentially phased in increases and reductions over a period of years.  The Government also allocated additional funding to Local Authorities to give additional relief to companies who were facing the increases in their particular areas.

The cost of the scheme in the 2018/2019 financial year to Leicester City Council was originally estimated at £626,000 but it is understood that the implementation of the scheme actually cost less than this.  As a result Leicester City Council have decided to limit the net increase in business rates payable for ratepayers occupying properties which fall within the £20,001 – £100,000 Rateable Value of 6.2% instead of 8%.  This is subject to a cap on the relief of £10,000.

The local transitional relief scheme in Leicester for 2018/2019 is as per the table below:

Alastair Fearn, Director within FHP’s Business Rates Team commented:

“The alteration to the scheme by Leicester City Council is purposely targeted at limiting rate increases for smaller rate payers whilst those ratepayers who occupy the Rateable Value of over £201,000 will have no limit relative to the Government guidelines.

Ratepayers in Leicester with a Rateable Value of between £20,000 and £100,000 may well be seeing a refund come through in the next few weeks.

We are very active within Leicester currently advising a number of ratepayers in relation to not only reducing their Rateable Values but advising on business rates mitigation whilst they are empty and also reducing Rateable Values to £0 whilst buildings are undergoing reconstruction or significant repair works.

I would be pleased to speak to any ratepayers who have queries about their bill or are interested to find out if we can help reduce their business rates payable.”

FHP have had great success over the last 12 months in Ilkeston, managing to let, sell, buy and provide strategic property advice to both landlord and tenant.  We have achieved this on the Quarry Hill Industrial Estate, Booths Industrial Estate, The Ropewalk Industrial Estate, Hallam Fields Road, and Manvers Industrial Estate to name a few, with previous success on Digby Street, Belfield Street, Lows Lane and Cossall Industrial Estate.

The deals done range from 500ft² – 10,000ft², and demonstrates how well the small to medium sized industrial market is performing and continues too.  We have achieved record high rental and capital values over the last 12 months and see no reason why this will not continue. Levels of demand remain high with a clear lack of stock within this sector, with new build space still remaining very thin on the ground, and as a result good quality second hand space has become sought after and in limited supply.

Anthony Barrowcliffe of FHP comments;

“FHP have a great understanding of the industrial market in Ilkeston with years of experience and success in this location.  It is important to understand that our services are not only for landlords but for tenants alike.  Not only do we let and sell commercial property, but we can also assist with all upcoming lease events such as rent reviews and lease renewals and we can even help tenants and landlords reduce costs.” 

For further information on how FHP can help with the sale or letting of your commercial property, or for assistance helping you find the right property to meet your requirements, please do not hesitate to contact FHP. We also offer a variety of other services to both landlord and tenant such as reducing your business rate liability, or assisting with upcoming lease events such as lease renewals or rent reviews.