Redeveloping old sites brings not only financial reward but also both agents and developers can take pleasure in seeing an area revitalised after prudent expenditure.

Completing a redevelopment which achieves all of these aims is never easy but pleasingly Tim Gilbertson of FHP in conjunction with his client James Richards of CWC Group have met these aligned goals in the redevelopment and subsequent re-letting of two trade counter units on Newmarket Court, fronting Ascot Drive in Derby.

The final unit in the block is now available on a new lease, with strong interest experienced already.

Tim Gilbertson commented:

“This site had stood vacant for 10 years or more, comprising former industrial and office space in the heart of Derby’s industrial and trade centre district.

With main road prominence in a location favoured by trade counter operators in the City, in conjunction with my client James Richards of CWC Group I targeted this site and negotiated the acquisition of the existing buildings from the former owner in an off-market transaction.

Having knowledge of two or three trade counter operator requirements in the region, simultaneous to the acquisition of the space pleasingly we agreed deals with Graham The Plumbers Merchant and Ceramic Tile Direct.

The last unit of 268m² (2,891ft²) is now being marketed and I would be delighted to hear from any potentially interested parties.

The success of this scheme and transformation of the site relied wholly on our client’s long term vision and working with them once again it was a pleasure to see this site initially bought, transformed, and re-let becoming the fabulous trading environment we see today.”

James Richards, Development Director at CWC Group commented:

“As property developers and investors, CWC Group are always looking for opportunities to purchase and add value to the redevelopment of our sites, this is particularly true when we can not only add value and create investment income but also improve the vitality of an area too.  When Tim came to us with this scheme we were delighted to purchase the site and fund the redevelopment creating fabulous trade counter space.

Our appetite for similar schemes or indeed land for development remains consistent, in good times or bad we are always looking for opportunities like this and we hope that working with Tim at FHP again we can unlock further schemes and opportunities not only in Derby and surrounding areas but also throughout the East Midlands and beyond.”

If you have a site that is ready for redevelopment be it Brownfield, or existing space in need of uplift and improvement then please give Tim Gilbertson at FHP a call and with clients such as CWC Group with funds in place opportunities are always gratefully received.  Please contact Tim on 0115 9507577 / 01332 34322 or email him on tim@fhp.co.uk.

I am delighted to announce the letting of 18.2 Amber Business Centre to Amber Chair Frames Limited who are currently in occupation on the Estate in Unit 18.5.  Due to their exceptional expansion and success they are now bursting out of their current unit, having to double their floor space to accommodate their progress.  Having gone from 2,250ft² to 4,550ft² simply shows how far this small business has come and its great success.

Amber Business Centre is a popular and well-established distribution and manufacturing estate located in Riddings, Derbyshire.   The Estate is easily accessible from Alfreton Town Centre, the A38 and A610 dual carriageway and Junctions 26, 27 and 28 of the M1.  This unit offers a clear span layout, high eave heights, a full height roller shutter door and decent amounts of parking.

Anthony Barrowcliffe of FHP commented:

“This is a great success story, the unit being a perfect fit for this expanding local business, keeping their presence on the estate but doubling their floor space to accommodate and aid in their expansion.  I wish Allan Flint all the best and I am delighted we could assist him in his growth and development.”

For further information on this letting, or to see how FHP can help with the sale or letting of your commercial premises, please do not hesitate to contact Anthony Barrowcliffe of FHP on 0115 841 1148 or alternatively anthony@fhp.co.uk.

END

Anthony Barrowcliffe

Date:  27^th November 2017

We are delighted to bring to the market these industrial units in the popular industrial location of Kirkby-in- Ashfield.  There are several size options available ranging from 2,500ft² right up to 7,500ft² through the 3 units available, this allowing us to accommodate a good scope of size requirements for potential occupiers.

These high calibre industrial units all benefit from a clear span layout with exceptional lighting and heating facilities, with 6m eaves height.  The units all have full height roller shutter doors and provide superb amounts of natural light, good amounts of car parking, and additional office space within the units. The location being very accessible being situated closely to Junction 28 of the M1 Motorway via the A38.

Anthony Barrowcliffe from FHP’s Office & Industrial Team comments:

“I am excited to offer these industrial units to the market, offering several size options to accommodate prospective tenants, the units being of high calibre specification and offer a clear span industrial space with high eaves height allowing potential tenants to maximise the space, and utilise this to their specific needs.  These units being ideal for storage, production and warehouse space, also benefiting from an excellent location logistically.”

For further information please contact Anthony Barrowcliffe of FHP Property Consultants on 0115 841 1148 or anthony@fhp.co.uk.

At FHP we always like a challenge, all instructions are given the same care and attention but when other agents have failed to achieve a disposal it is particularly gratifying for us to quickly find a new occupier for a client, as has been the case with this particular disposal at Summit Close, Kirkby-in-Ashfield.

Anthony Barrowcliffe and Chris Proctor of FHP worked tirelessly to try and locate a new tenant for this building which created a lot of interest on a freehold basis but with our clients reticent to sell we were facing a substantial challenge in finding suitable leasehold occupiers.

As ever though hard work normally yields favourable results and this is certainly a case in point as a new tenant on a 5 year length of lease has now been found with keys handed over and the tenant in occupation.

Anthony Barrowcliffe from FHP commented;

“This property had been on the market with another agent for the best part of a year and we were asked to step into their shoes.  We knew it was likely to be a challenging test of our ability to find a new tenant but given the large yard and well positioned space, with the building sitting close to the A38, I was confident of our abilities to find a tenant and I am delighted that our hard work has paid off.

Thoroughness is something we pride ourselves on and by diligently trawling the market for enquiries, targeting local occupiers and pursuing every potential line of interest I am delighted that a new occupier has been found, much to our client’s delight.

Yet again though this deal does show how through hard work success can be achieved, even with challenging disposals.

We really enjoy getting our teeth stuck into even the most difficult of challenges and if any party throughout the East Midlands has any industrial or distribution space in need of a new tenant or buyer then I would be delighted to try and assist.”

For further information on this deal or to see how FHP can help you please contact us on 0115 9507577.

In recent months Castle Donington has become a real hotspot for market activity.  Of the few buildings becoming available, generally as a result of the expansion and relocation of existing occupiers, the locality has seen rapid disposals.

As a result there have been a flurry of deals in the area and Tim Gilbertson of FHP is pleased to confirm the latest distribution deal for the disposal of 20,000ft² of good quality, 10 year old space at Langham Park, off Trent Lane at Castle Donington.

Tim Gilbertson commented:

“The unit became available as a result of another deal I completed to relocate an occupier to larger premises locally freeing up their current building of just over 20,000ft².

Being asked to dispose of this building as a result, this 20,000ft² warehouse went equally quickly, formally under offer within a matter of days from going on the market to a party that I knew were keen to acquire space in the region.

The speed with which this building was snapped up shows again the strength of demand locally, driven by the expansion of local companies and by the real lack of supply in the market and with other deals due to complete in the region shortly this trend shows no sign of continuing.  Effectively properties are being snapped up within a matter of days of going on the market, and further stock is definitely needed to meet what are consistently goods level of demand.

This particular deal is also pleasing as it enables new tenants, FC Cartons to expand and relocate themselves and we wish them well for the future.”

Debra Woodyatt of FC Cartons commented:

“We’re delighted to have concluded this deal and are really looking forward to having our team and all our facilities together under one roof.  This new space is over three times the size of our existing plant and will allow for even greater efficiencies in the delivery of our services.  Logistically it will offer a vast improvement in the movement of goods around the plant, allowing incoming product, stock holdings, finishing solution and distribution to be a seamless production flow with plenty of room for growth.

It will allow us to plan future expansion with the confidence that space for new manufacturing processes will not be a problem.  We’re looking forward to installing our state-of-the-art equipment and welcoming our team into this fantastic new working environment, without having to relocate them too far away from our existing plan.”

Tim Gilbertson concluded by adding:

“I seem to say this every time I write a press release presently and complete a deal, but there really is so little stock in the market and with decent levels of demand that I would be delighted to hear from any potential new or old clients have warehouse or industrial space to sell anywhere throughout the East Midlands.  The region is suffering from a lack of supply and despite ongoing economic uncertainty demand remains strong and this is testament to the strength of the indigenous commercial market we have.

Long may this continue but it would be nice for us to say that we have plenty of stock available!”

For further information on this deal or to see if Tim Gilbertson can help you dispose of your warehouse or industrial space please contact him on 0115 9507577.

We are delighted to complete on the purchase of the Old Chapel. The mix of accommodation we now have is perfect for our business. I would like to thank Thomas at FHP for his help and professional approach throughout the process, and would certainly recommend FHP to anyone buying or selling commercial property.

It’s not every day you have the opportunity to purchase an attractive period old chapel building with a modern, warehouse extension to the rear of the property.

Benefitting from a prominent location in close proximity to Colwick Loop Road, this rare instruction ticked all the boxes for Power Tools Plus, a well-established Nottingham based tool sale and repair business.

Fitting their business model perfectly, the warehouse serves as a trade counter with additional workshop and office accommodation in the Old Chapel Building to the front. The property extends to some 4,795ft² overall with ample parking facilities for customers and staff to the rear of the property.

Paul Machin, Managing Director of Power Tools Plus, commented;

“We are delighted to complete on the purchase of the Old Chapel. The mix of accommodation we now have is perfect for our business. I would like to thank Thomas at FHP for his help and professional approach throughout the process, and would certainly recommend FHP to anyone buying or selling commercial property.”

The vendor also commented;

“Thomas and the FHP team gave us effective, knowledgeable, attentive and professional service throughout their dealing of the sale of our property.  We shall certainly use them again in future transactions.”

For further information on this sale, or to see how FHP can help with the sale or letting of your commercial premises, please do not hesitate to contact Thomas Szymkiw of FHP on 0115 841 1159 or alternatively thomas@fhp.co.uk.

END

Thomas Szymkiw

16/11/2017

With hardly anything around 5,000 to 10,000ft² to purchase currently in the Nottingham area, FHP Property Consultants are thrilled to have been instructed to market Unit 19 at Northern Court in Basford.

Available to purchase on a long leasehold basis at a peppercorn rent, the unit provides good quality warehousing, with additional office and ancillary space on a secure, gated site of some 0.4 acres.  Extending to just under 5,000ft², the unit would suit an owner occupier looking for production or warehouse space within easy reach of both Nottingham City Centre and Junction 26 of the M1.

Thomas Szymkiw of FHP’s Office and Industrial Team commented;

“With stock levels so low I do expect strong interest in this unit and therefore would urge interested parties to contact FHP at the earliest opportunity to arrange a viewing”

For further information on this instruction, or to see how FHP can assist you with letting or selling your existing commercial premises, please do not hesitate to contact Thomas Szymkiw on 0115 841 1159 or alternatively, thomas@fhp.co.uk.

END

Thomas Szymkiw

15/11/2017

Buildings sitting on their own self contained site with large yard are always sought after and Tim Gilbertson of FHP is pleased to make available an excellent opportunity just off Nottingham’s Ring Road, close to Junction 26 of the M1 Motorway, offering quick access to the centre of Nottingham via car, bus or tram.

To be vacated shortly, Bleachers Yard offers good quality space extending to just over 31,000ft² available on a new lease or potentially to buy.

Tim Gilbertson commented:

“This is good quality production or potential warehouse space on its own fenced and gated site, with well specified offices too.

A great location, just off Nottingham’s Ring Road, you can literally be in the centre of Nottingham within a few minutes by either car, bus or tram whilst equally Nottingham’s Ring Road and therefore the A610 and Junction 26 of the M1 is close by too.

Hopefully we should have strong interest in this opportunity from the off and whilst our clients would prefer to rent they will consider a sale which should hopefully create further interest too.

I would be delighted to discuss or make arrangements for any interested party to view.”

For further information on this opportunity or to arrange to view or discuss please contact Tim Gilbertson on 0115 9507577 or tim@fhp.co.uk.

CWC Group’s Ivanhoe Business Park at Ashby-de-la-Zouch has been a huge success with a range of deals completed in recent times to cover industrial, distribution, office and ancillary sectors.

The last few available buildings on the site, comprising a range of offices available to purchase or rent from as little 2,000ft² and upwards continue to receive interest with a number under offer already.  The remainder of the site now though is fully developed following the completion of a bespoke built 36,000ft² storage and production facility for TruNet (UK) Ltd.

Tim Gilbertson of FHP, agent on the scheme along with Phil Randle of Salloway commented:

“My client and I first went to see TruNet some time ago when they were faced with a difficult decision.  Having outgrown their site in Measham they needed to relocate to a bespoke facility and in doing so that relocation had to be within an acceptable travel distance, to ensure their valued staff stayed with the company, in order to ensure a seamless transition to a new site.

This challenge was exacerbated by their very specific building layout requirements which effectively precluded them from taking an existing building.

Therefore, when we were able to put in front of them the potential for relocation to Ivanhoe Business Park, a location within their compass and one where a bespoke layout and property could be constructed, this seemed like a marriage made in heaven and pleasingly the end result, which sees TruNet relocate to Ivanhoe Business Park certainly proves this ideal scenario to be true.”

James Richards, Development Director of CWC Group commented:

“We were delighted to facilitate TruNet’s relocation to Ivanhoe Business Park, a further high calibre occupier added to our ever-expanding business park.

Given the specific requirements that TruNet had, a design and build or build to suit solution seemed to be the only route forward and it was great to deliver a building meeting the exacting requirements of TruNet and deliver to them a fantastic facility.

Stuart Revill, Managing Director of TruNet said, “This is a very exciting new acquisition for us. The new resources within this building will provide a centre of excellence for our Technical Team to produce unique products to our Customers individual specifications. Stuart continued “As a company, we are committed to continual investment and with our multiple manufacturing sites across the globe, including this exciting new facility, we continue to maintain our position as the World’s number one manufacturer of netting, loops and twines.”

For further information on the deal or to see how FHP and CWC Group might be able to assist you then please contact Tim Gilbertson at FHP on 0115 9507577 or email him on tim@fhp.co.uk.

FHP acting on behalf of clients are pleased to announce the sale of Unit 5, New Brook Business Park in Shirebrook to Central Polymers Ltd. Currently located on the same estate, the unit offered a fantastic opportunity for the company to expand their growing business in close proximity to their current premises. Built in the mid noughties, the unit extends to just over 3,000 square feet and benefits from full height roller shutter door, ancillary facilities and allocated parking on a secure site.

Thomas Szymkiw of FHP’s Office and Industrial Team commented;

“Due to a lack of available freehold options in this location and size range, interest was high and we naturally received several offers for this unit. I am therefore pleased that Central Polymers have managed to acquire such a great opportunity so close to their current home”

For further information on this sale, or to see how FHP can help sell or let your premises, please do not hesitate to contact Thomas Szymkiw at FHP on 0115 841 1159 or alternatively thomas@fhp.co.uk.

END

Thomas Szymkiw

In a deal agreed by Chris Proctor and Tim Gilbertson of FHP and their joint agent Abbey Thomas at 3PL Real Estate, excellent trade counter premises in Alfreton have now been let to Toolstation to facilitate their continuing success and expansion in the area.

Chris Proctor and Tim Gilbertson of FHP commented:

“We have completed a number of trade counter deals recently throughout the East Midlands, in what is a really strong and booming sector with ongoing demand from both national and local occupiers.

This latest deal was concluded very swiftly and brings a high calibre covenant to the site to augment those occupiers already at this destination which includes Eurocell and Screwfix.

We wish Toolstation well in this new location.

Trade counter demand continues to soar and we know of a number of requirements which remain unsatisfied throughout the East Midlands and if any landlords or vendors are looking at selling or renting out trade counter space then I would be delighted to hear from them to help occupiers who are frustrated in their desire to find appropriate trade counter space.

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

CWC Group, owners and developers of Castlewood Business Park, a 120 acre scheme in a prime position adjoining Junction 28 of the M1 Motorway at its intersection with the A38, are delighted to confirm details of their latest deal on the site.

A deal has been completed with The Kay Group (UK) Ltd for them to open a petrol filling station to complement their nationwide stock which will be augmented by both food and café retailers.  Indeed, whilst a major brand petrol filling station will run the site, it will be augmented by both Costa Coffee and Greggs to provide a terrific benefit for both passing traffic and indeed occupiers already on the business park.

To be pitched at the entrance to Castlewood Business Park, this will provide a much needed amenity for the remaining land to be developed at Castlewood which totals around 50 acres, ideal for any expanding industrial or distribution company looking to buy or purchase bespoke space, whilst The Kay Group can take advantage not only of trade from existing occupiers at the business park but also from the thousands of cars that pass this plot along the A38 heading towards Junction 28 of the M1 Motorway on a daily basis.

The deal was agreed by Tim Gilbertson of FHP, CWC’s agent for the site who commented:

“With numerous existing petrol filling station outlets around the country, The Kay Group are an ideal partner for us to have at Castlewood Business Park and we know that their venture here will trade exceptionally well.

Whilst they can take advantage not only of the on-site labour with approximately 2,000 staff already working from Castlewood, they can also take advantage of this fantastic trading position adjoining the A38 close to its intersection with Junction 28 of the M1 Motorway.

To have a petrol filling station, plus food and drink outlets on-site is a real boon for the business park and we are sure that The Kay Group will trade exceptionally well from this location.

This development is hopefully yet another reason for local businesses to expand onto Castlewood Business Park and we look forward to unveiling details of further deals on the site in the near future.  With the ability to house bespoke freehold or leasehold premises for industrial or distribution use from as little as 15,000ft² up to 175,000ft² interest continues in this great location which has now seen over 1.25 million sq. ft. built out already.”

Ken Kay, CEO and Paul Blackmore of The Kay Group commented:

“We are delighted to be working with CWC to have the opportunity to further expand our new to industry investment rolling programme to this prestigious and strategic location.

With our unique standards of development, facilities and most importantly, outstanding levels customer service along with the benefit of bringing our branded retail partners with us, will give great credit to CWC’s vision for the Business Park.” 

Director for CWC Group, owners and developers of Castlewood Business Park, James Richards, commented:

“We are so happy to welcome The Kay Group to Castlewood as we see the facility that they will open here being of benefit to the rest of the business park, hopefully encouraging further occupiers by the amenity that will be provided.

The Kay Group have been a pleasure to deal with throughout and we look forward to seeing them fully open by early 2018.”

For further information on the deal or to see how Castlewood Business Park could become your business’ new home please contact Tim Gilbertson at FHP on 0115 9507577.

FHP Property Consultants are delighted to announce that Units 3, 4 & 5, and 8 are now fully let, which means full occupancy has been achieved on the Estate.

The most recent lettings of Units 4 & 5 being made to Always Riding, a young independent cycle clothing retailer who has really made its mark on the sector.

Due to the success of Securiparc we are thrilled to bring to the market Phase 3 of the development which consists of three industrial units measuring 125m² (1,347ft²) each, totalling 375m² (4,041ft²), which will be built and ready for occupation by Q3 2018.

These units benefitting from excellent access to the A38 carraigeway and onward to Junction 28 of the M1.

Anthony Barrowcliffe of FHP Office & Industrial Team comments:

“Having achieved full occupancy on Phase 1 and Phase 2 of Securiparc, we are thrilled to bring to the market these units by Q3 2018.  These units are ideal for small occupiers who require secure, excellent quality, new industrial space with the benefit of potential small business rate relief.”

For further information please do not hesitate to contact Anthony Barrowcliffe on 0115 841 1148 or email anthony@fhp.co.uk.

On behalf of long term clients, Tim Gilbertson of FHP has secured another letting of over 40,000ft² of prime space, this time at Junction 27 of the M1 Motorway to Performance Health International Limited.

In conjunction with joint agents NG Chartered Surveyors, Tim Gilbertson was appointed by the owners, his long term clients, to dispose of this excellent warehouse which sits just off the M1, benefiting from large yard and car park and superbly presented warehouse space.

The deal concluded sees Performance Health International take an additional facility to augment their state of the art distribution base at Junction 28 of the M1. 

In a market starved of good quality space this is one of the few buildings that has been available in recent times as Tim Gilbertson explained:

“Having moved, as a result of this deal, over 160,000ft² of space up and down the M1 over the last few months, it is great to see another high calibre occupier becoming a tenant at one of my long standing client’s premises.

However, the disposal is tinged with disappointment too, as with yet another good quality building let on the M1 Corridor in the East Midlands this further deprives the market of much needed stock.

The deal to provide Performance Health International with additional space ran smoothly throughout and they have been a pleasure to deal with during negotiations.  I wish them well for their future and their ongoing growth and it does seem as if their continued expansion will be an undoubted success.

Again with this disposal I had to disappoint another couple of interested parties so I am actively looking for new opportunities to market in this size range, and indeed smaller and larger too, to meet what remains good demand from any number of unsatisfied requirements in the market place.  I would be delighted to speak to any potential vendor or landlord clients accordingly.”

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

In the ever popular market town of Melton Mowbray, Brad Musgrove is pleased to bring available a small unit with the added benefit of its own secure self contained yard.

Currently being refurbished by the current owner, the building will be available for sale with vacant possession or our clients may consider a leasehold disposal.

Brad Musgrove commented:

“Melton is always a good market and space is at a premium.  This is a very rare chance to buy a small unit to be presented in excellent order with the benefit of secure yard.  A very rare combination.

We are hopeful of strong interest and therefore I would be delighted to hear from any parties wishing to view as we suspect this unit won’t hang around!”.

For further information on this deal please contact Brad Musgrove on 0115 9507577 or brad@fhp.co.uk.

Viking Business Centre is situated in Woodville approximately five miles south east of Burton upon Trent, and consists of a multi tenanted light industrial estate.  The estate has always been popular with local businesses and is once again fully let following the recent letting to Ben Sheriff Construction.

Unit 9 extends to 1,360ft² and has been let on a new five year lease.

Darran Severn from FHP Property Consultants commented:

“I am pleased to have completed this letting to Ben Sheriff Construction within such a short time, minimizing our client’s void period.  Not only is the estate now full, we have also achieved a new high rent of £6.50 per ft².  There is currently good demand for units between 1,000 and 2,500ft² in the Swadlincote area and we are always taking calls from occupiers who are actively seeking similar premises.”

If you are still searching for business premises, we have several business units available at Optimum Business Park Swadlincote from 1,924ft² – 2,544ft², which are available to buy or let.  Alternatively, there will be new build warehouse units from 3,500ft², which will be available in Q4 2018.

If you would like to discuss these options further please contact Darran Severn of FHP Property Consultants on 01332 343222 or darran@fhp.co.uk.

FHP Property Consultants are offering this unique and unusual opportunity for a tenant to occupy different grades of space which can be tailored in terms of size and length of lease.  Potential tenants having the opportunity to create their own unique and specific space which fulfils their business needs for either short or long-term occupation.

The building offers a mix of good quality offices, production and storage space which is all set on a good sized secure gated site, also benefitting from a large car park.

The offices offer approximately 334m² (3,600ft²) over two floors, and the warehouse space approximately 2,322m² (25,000ft²), with the unusual addition of circa 1,300m² (14,000ft²) of additional storage in the form of tunnels.

The location is set just off the A38 at Alfreton, the units forming part of the established and popular Cotes Park Industrial Estate, positioned within moments of Junction 28 of the M1 via the A38.

Anthony Barrowcliffe of FHP Office & Industrial Team comments:

“This is a great opportunity as the building is available as a whole or in a number of different combinations being offered on flexible lease terms. The beauty with this instruction being the huge amount of options and flexibility which allows us to fulfil any potential businesses explicit needs and requirements, being able to offer good quality offices, superb production opportunities, and huge amounts of space ideal for storage”.  

For more information please contact Anthony Barrowcliffe on 0115 841 1148 or email anthony@fhp.co.uk.

In a market starved of good quality stock, Park Lane Business Park offers a fantastic opportunity to acquire top quality warehouse/production space on a well-established business park.

The unit is positioned close to the A38 and Junction 27 on the M1 as well as being near Kirkby in Ashfield and Sutton in Ashfield.

The unit measures 468m² (5,033ft²) with two roller shutter doors situated on a fenced, secure yard with 6 car parking spaces.

Brad Musgrove from FHP’s Office and Industrial Team comments:

“With very little good quality stock on the market this unit offers a rare chance to obtain brilliant quality space within such close proximity to major transport links. There is very little on the market that can offer as much as Park Lane Business Park”.

For further information or to arrange a viewing please contact Brad Musgrove on 0115 841 4798 or brad@fhp.co.uk

END

Brad Musgrove

20/10/2017

Timing, as they say, is everything.  This has always been the case with property transactions and over the last few years has related directly to occupiers being in the ‘right place at the right time’ if they have a requirement when stock is available, given the low levels of supply that we have endured recently.

The phrase is just as appropriate from a landlord’s perspective when minimising void periods between lettings to try and ensure near continuous income.

In a deal just completed by Tim Gilbertson of FHP at Castle Donington he has managed to create both a very happy landlord and very happy tenant, having found for the landlord an occupier who has moved in the day after the former occupier vacated!

Tim Gilbertson commented:

“Deals come in all shapes and sizes and it is not always the biggest that are the most satisfying.  This latest deal completed at Castle Donington sees just under 40,000ft² of high calibre space let in a significant deal but the satisfaction here has come from the speed with which, since marketing started, we have been able to encourage interest in the building and most pertinently the speed with which we are able to conclude a transition with the new occupiers, Breezemount.

Satisfying on two counts as the new occupiers moved in the day after the former occupiers moved out, thus creating no void period for our client.  Secondly though equally satisfying as Breezemount have been desperate for space in the region and in a market where such large units are in short supply it is great to be able to help them find a new home to satisfy new contracts and the growth of their business.

This has been a spectacular deal all round with teams on both sides of the fence working feverishly to ensure completion of a quick deal and rapid occupation being given literally minutes after vacation of the building by the former tenant.

Yet again this throws up the continuing issue of lack of supply in the market place and how as a result rents are rising, capital values are certainly increasing too and good quality space is often oversubscribed.

Some may have concerns over economic stability and where as a nation we are heading, but for the East Midlands at least good quality larger end warehouse or manufacturing stock is still hugely sought after and rising capital and rental values, reduction in lease terms and in particular in this case the eradication of a void period displays best the strength of the market.”

The deal concluded allows Breezemount to continue their business expansion and service a new contract in the region.  Managing Director Aaron Shields commented:

“We’re delighted to have secured a modern distribution warehousing facility at Willow Farm, with time very much of the essence it was great to get the deal done, despite the challenging timeline!

Our new operation will initially bring around 80 new jobs to the Castle Donington area and thanks to the great transport links we’re looking forward to supporting further growth and expansion of our logistics and home delivery services across the Midlands from our Willow Farm site.”  

Tim Gilbertson concluded by adding:

“This deal combined with three further north up the motorway means that I have moved about 160,000ft² of space over the last couple of months in terms of high calibre warehouse or production facilities on the M1.  Demand is still out there for this trend to continue but sadly space is not and with a number of unsatisfied requirements regularly ringing me I would love to have the ability to offer any new space to the market.

Old, new or anywhere in between if any landlord’s or vendors have space they want letting then certainly now is the time to act as there appears to be a real appetite from occupiers in the market as we start the long run up to the end of 2017.”

For further information or to discuss in detail or to see how Tim Gilbertson and FHP can help you to sell or let your industrial or warehouse space contact Tim Gilbertson on 0115 9507577 or email him on tim@fhp.co.uk.

FHP Property Consultants have recently let the last 2 remaining units at Hartley House to Gritty Learners and Dragon Freestyle Kickboxing, which has led to full occupancy yet again at Hartley House.

Hartley House and Hartley Business Centre was a new instruction took on by FHP in April 2016, which only had 60% occupancy at the time. In the space of six months FHP made numerous lettings and managed to reach full occupancy over both sites, which we have now just repeated for the second time around. We are exceptionally proud of this achievement and are ecstatic that we have brought this property back to its full potential yet again. The popularity of these units being explosive with numerous tenants narrowly missing out and requesting to be notified immediately if anything is to become available.

Hartley House offers workshop and business units for occupiers seeking between 760ft² up to 1,250ft², and their flexible leases make it an ideal place to accommodate small business expansion.  The building itself is multi occupied, made up of self-contained business units, benefitting from a shared reception area, and 24-hour loading access and parking.

New industrial opportunities coming up around Christmas 2017, with the potential of over 11,000ft² of industrial space becoming available alongside various other industrial opportunities.

The units occupy a prominent position on Haydn Road at the intersection with Hucknall Road, benefitting from excellent road and public transport links to Nottingham City Centre, the Ring Road and Junction 26 of the M1 Motorway.

Anthony Barrowcliffe of FHP Office & Industrial Team comments:

“We have now fully let all remaining units at Hartley House for the second time around, which has seen great amounts of interest due to their size and flexible leases, proving popular with small businesses and new start-ups.  Due to the success we have had at Hartley House and Hartley Business Centre, we look forward to potentially bringing to the market over 11,000ft² of industrial space around Christmas 2017 as well as numerous other industrial opportunities.”

For more information or if you are interested in potentially working with FHP on any your property assets please contact Anthony Barrowcliffe on 0115 841 1148 or email anthony@fhp.co.uk.

My dealings with Thomas Szymkiw and FHP have been conducted by him in a professional manner throughout the period of negotiation with all potential tenants, with a successful conclusion for all parties.I am happy to recommend  Thomas and FHP to any future client whom may require agency services.

FHP Property Consultants have placed on the market good quality warehouse space on the Amber Business Centre in Riddings.

The building extends to some 9,445ft² with loading door and yard to the front situated within a managed estate.  The building is undergoing some refurbishment in readiness for occupation both internally and externally including an enlarged parking area.

Tim Richardson comments:

“There are few buildings available of this size in the area and it has convenient access to the A38 dual carriageway and trunk road connections beyond.  The rent is priced competitively at £35,500 per annum.”

The estate also benefits from a manned security presence out of hours, providing additional peace of mind.

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

Following a string of lettings at Ash Tree Court, there is now only 1 unit available on the park which is due to become vacant in December this year.  Unit G1 comprises an end of terrace self-contained unit of approximately 2,600 sq ft which will be refurbished at the latter part of the year, ideal for an occupier looking to secure an office location with excellent connectivity to both Nottingham City Centre and the M1 motorway.

For further information, please contact Mark Tomlinson or Thomas Szymkiw at FHP Property Consultants on 0115 9507577.

It is quite rare that we are able to bring to the market a warehouse building suitable for trade counter purpose and having its own enclosed yard, but 31-33 Longbridge Lane fits the bill.

Extending to some 5,000ft² the current use is for manufacturing, but previously was occupied by a trade counter hire business and has a secure fenced yard, wash down facility, trade counter area, office and two loading doors into the warehouse areas.

Immediate neighbours include City Electrical Factors and Edmundson Electrical, and Longbridge Lane sits off Ascot Drive, a main trade counter location in the City and home to operators such as Screwfix, Howdens, Jewsons, Travis Perkins, Magnet and the like.

The property is available to let by way of a new lease and arrangements to view can be made through Tim Richardson at FHP Property Consultants on 01332 224 857 or timr@fhp.co.uk.

Having recently let a trade counter nearby in Newark, Tim Gilbertson of FHP is pleased to bring to the market another trade counter on Telford Court in Newark.  Immediately available, with the speed with which the former trade counter unit was let hopes are high that this building can be disposed of quickly.

Tim Gilbertson commented:

“We recently let approximately 100 yards away from this new opportunity a trade counter building which was very well received and let very quickly.  Therefore with this building benefitting from trade counter possibilities, or alternatively suitable for storage or potential production use, again we are confident of early interest being received.

With the benefit of extensive on-site car parking and indeed a secure compound to the side of the building, I would hope that interest will be generated quickly.

My colleagues Anthony Barrowcliffe, Brad Musgrove or myself would be delighted to discuss with any potential occupier and arrange for viewings as soon as possible”

For further information on the availability of this unit please contact Tim Gilbertson on 0115 9507577 or tim@fhp.co.uk or look at the website www.fhp.co.uk.

FHP Property Consultants are delighted to offer the last remaining unit at Securiparc on Wimsey Way in Alfreton.

The unit measures 3,140ft² and offers a high-quality warehousing space with exemplary security provisions and private parking, also benefitting from its excellent access to the A38 carriageway and onward to Junction 28 of the M1.

Anthony Barrowcliffe of FHP Office & Industrial Team comments:

“We currently only have one unit remaining at Securiparc, which shows its popularity and high distinction.  We have achieved massive amounts of success on the estate and only have the one unit remaining until full occupancy is achieved.  These units were built to an exceptionally high specification and offer outstanding standards in security, also benefitting from a very accessible location.”

For further information please do not hesitate to contact Anthony Barrowcliffe on 0115 841 1148 or email anthony@fhp.co.uk.

FHP Property Consultants are pleased to announce the recent letting of a former vehicle maintenance premises and an excellent sized yard located on Private Road No.3 in Colwick on behalf of landlords City Estates. The property has been leased to Gas Container Services who are expanding locally.

Gas Container Services specialise in the containment and management of high and low-pressure gas cylinders, drums and vessels. Following the continued success and growth of the business GCS have decided to move into lorry trailer refurbishment and as a result required additional space in the local area. Their new unit offers a large former vehicle workshop making it the ideal plot for their expansion.

With levels of stock extremely low, GCS having been looking for an additional premise for some time, and secured this premises despite several parties making an offer on the property.

Brad Musgrove of FHP’s Office and Industrial Team commented:

‘Interest in the unit and yard was incredibly high from the second we erected the marketing board outside of the premises. GCS were the first party to have a look around the premises and instantly knew it would work for them. With the main hub of their business situated just around the corner, the locational factors were also a huge benefit to GCS. Myself and the team at FHP wish Gas Container Services all the best for the future’

Wez, operations manager at Gas Container Services commented:

‘We started looking for a suitable site some time ago and happened to fall on the site by accident whilst visiting a supplier on the estate one morning, so I made a call and got a viewing arranged with Brad and Mark.  We were impressed with the size and location of the site so made an offer straight away that day.

Within a couple of weeks, we were in the position of signing the contract thanks to Brad and Mark understanding the urgencies of the time scale of our new venture.   We are very grateful to FHP team and their help in delivering this site on time and a great deal as well’.

For further information or to discuss other opportunities please contact Brad Musgrove at FHP Property Consultants on 0115 841 4798 or email him on brad@fhp.co.uk.

Blenheim Park, set just off Junction 26 of the M1 Motorway at Nottingham has always been one of the City’s favoured estates with property generally moving quickly, particularly when available for sale.

The latest deal concluded on this estate by Tim Gilbertson, has seen just over 6,000ft² of good quality stock sold to enable the relocation of established Nottingham company Ashworth & Thompson as they reconfigure their business model.

Tim Gilbertson who acted on behalf of the vendors with Matt Wade of Musson Liggins acting on behalf of the purchasers Ashworth & Thompson, commented:

“I was delighted to have the opportunity to sell this property with your joint agents and was confident from day one that a swift disposal could be achieved.

Via our formal marketing campaign a number of potential buyers were found plus interest was also generated on a potential lease but given the opportunity to sell to Ashworth & Thompson a swift deal was agreed.  This was a really good unit set in a prime location just off Junction 26 of the M1, sensibly immaculately presented by our client.  A combination of presentation, location and the rare chance to buy always seemed likely to create interest enabling us to achieve a swift deal which, I am please to say, was very much the case with a price being agreed at a sensible level.

We wish the new occupiers well in their base and look forward to having further opportunities to sell on this estate in a market where there remains good demand.”

Matt Wade of Musson Liggins acted on behalf of the buyers, Ashworth & Thompson and added:

“I am very pleased to be able to conclude this acquisition on behalf of my clients who have been looking to relocate for some time. Good quality Industrial units such as this are few and far between and it was very important that we relocated near to the clients existing premises.” 

Tim Gilbertson concluded by adding:

“Yet again another deal done and more stock in the market that needs replacing.

It does seem with activity still strong that the remainder of 2017 should see further deals agreed but with diminishing stock levels there will come a point where Nottingham effectively ‘runs out’ of opportunities.  I would therefore be delighted to speak to any landlord or vendor who might want to take advantage of this market and sell or let their industrial or warehouse premises.”

For further information on this deal please contact Tim Gilbertson at FHP on 0115 9507577 / 01332 34322 or email him on tim@fhp.co.uk.

Anthony Barrowcliffe from FHP Property Consultants is offering a great opportunity for an occupier to capitalise on a fantastic deal on a property which consists of warehouse, office space and a large car park within a substantial secure yard.

Ideally located just off the A38, closely situated to Kirkby-in-Ashfield and Sutton-in-Ashfield, as well as easy access to junction 28 of the M1 motorway.

The unit measures 856 m² (9,218 ft²), and has two roller shutter doors, along with a large secure outside storage area within the yard.

Anthony Barrowcliffe of FHP Property Consultants comments:

“There is potential to negotiate a great deal on this property on flexible terms, which is a huge rarity in a market place where stock levels remain low and the prospect of a large unit with an extensive yard within close proximity to the motorway becoming almost impossible to obtain”.

For further information or to arrange a viewing please contact Anthony Barrowcliffe or Tim Gilbertson of FHP on 0115 950 7577 or anthony@fhp.co.uk.

06.10.2017