Thank you for the way you have conducted the sale of the two properties.

Your professionalism and attitude have been excellent, I will have no problem in recommending you.

Thanks again to Thomas and the team at FHP for matching The Coach House with our lovely new tenants Speech Therapy Specialists. Once again, very happy with the level of service from FHP, good communication and a successful conclusion all round.

n behalf of long term clients, Tim Gilbertson of FHP has brokered a deal with DMW Logistics for them to take a lease of excellent warehouse accommodation on a large site adjoining their current base on Oddicroft Lane, just off the A38 at Junction 28 of the M1 Motorway.

This 40,000ft² building attracted substantial interest from the commencement of marketing and a deal was agreed with DMW to facilitate their expansion much to the delight of FHP’s client.

Tim Gilbertson commented:

“We literally turned down two or three other parties for this building to run with DMW, who are well known to our client and who he was pleased to conclude a further deal with.  We wish DMW well in their new base that increases their storage capacity by 25%.”

DMW have recently won substantial amounts of extra business from existing and new clients. The benefits of the site were “too good to miss” said Operations Director, Phil Swindells.

Tim Gilbertson added:

“On a personal note though this latest deal, with a couple of other similar sized buildings under offer, leaves stock levels dangerously low.  We had to turn down other parties for this unit and demand remains good so if any potential vendors or landlords are looking to appoint agents to sell or let their premises in the region then it is safe to say that demand is good, competing supply is negligible and I would be delighted to provide advice and initial thoughts without initial cost or commitment to any potential clients looking to sell or let their space in the region.  I am always happy to chat through and can be contacted on 0115 9507577 or tim@fhp.co.uk.”

For further information on this deal or to see if Tim Gilbertson can help with your rental or sale requirements please contact him.

Despite falling available in the middle of the summer holidays, interest is already being generated in a rare chance to rent good quality warehouse space on a securely fenced and gated yard at Castle Donington.

Brought to the market by Tim Gilbertson, he commented:

“Traditionally August is the quietest time of the year with holidays dominating most occupier’s thoughts.  However after making initial calls to a few potential occupiers we are already generating interest in this excellent building in Castle Donington.

Set on its own securely fenced and gated site, this detached warehouse or potential production unit is available on a new lease later in the year and offers much needed stock into a market in need of new supply.

I am hopeful that the unit will let quickly as with presentation works to be undertaken when the current occupier vacates in a few weeks time the building really will look good and benefit from a great location just off the M1 and good sized secure self contained yard.”

For further information or to arrange a viewing please contact Tim Gilbertson at FHP on 0115 9507577 or email him on tim@fhp.co.uk.

With such a shortage of good quality warehouse premises available to let in the area, FHP Property Consultants are pleased to offer Units 11 & 12 Raynesway Park, which is situated on the east side of the City with excellent access to the road network, including the M1 motorway via either the A50 or A52.

The premises extend to some 11,386ft² including 2 loading doors and 2 storey offices at the front.  Internal eaves height is approximately 7m.

Raynesway Park is a managed estate, popular with both trade counter and distribution businesses.

The property is available to let through joint agents FHP Property Consultants and Innes England.

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

In bringing Kuehne + Nagel, one of the distribution industries biggest names to Carlton-on-Trent, Tim Gilbertson of FHP has concluded one of the largest lettings in the East Midlands on the A1 Corridor in recent years.

To facilitate their relocation from Newark, a lease has been completed on a modern warehouse at Carlton-on-Trent, literally adjoining the A1 north of Newark of just over 70,000ft².

This letting compliments an earlier deal on the site this year of over 35,000ft².

Tim Gilbertson, who dealt with both disposals commented:

“Our occupier here needed to relocate from their Newark base but remain within close proximity of the A1, a key road link for their supply chain business whilst remaining in close proximity of their former unit to ensure staff retention.  Pleasingly therefore my client’s property at Ossington Road, Carlton-on-Trent, just off the A1 appealed and a deal was swiftly agreed and eventually documented.

This letting of just over 70,000ft² is one of the largest in the East Midlands element of the A1 Corridor in recent times and I am delighted to bring success for my client, particularly as we had earlier let a further warehouse on the same site of just over 35,000ft² on a long term lease.

To create full occupation again for our client’s estate here is very satisfying especially as he has been a pleasure to deal with throughout.

Stock levels throughout the region, not only on the A1 but on the M1 Corridor and indeed all major towns and cities between remain painfully thin and a recent rash of deals has seen those levels reduce still further.  I have any number of potential tenants or indeed purchasers lined up seeking space in the East Midlands of 20,000ft² plus so would be delighted to hear from any potential clients looking to sell or let their warehouse or production space.”

David Clews of Clews & Co acted for Kuehne + Nagel Drinks Logistics.

For further information on the deal or if you would like an initial discussion without cost or commitment on potentially letting or selling your warehouse or industrial premises then please contact Tim Gilbertson at FHP on 0115 9507577 or email him on tim@fhp.co.uk.

A new speculative development by Rushcliffe Borough Council of 15 industrial units is close to completion at Hollygate 46, Cotgrave, Nottingham.

Construction of the scheme commenced back in November 2016 by developer Wilson Bowden and now we are weeks away from practical completion of the units, which consists of 15 units ranging from 750 – 1,750 sq ft.  The units have the consent for B1 & B8 use and benefit from high eaves, electric roller shutter doors, car parking, 3 phase power & all on a securely gated and fenced site.

Mark Tomlinson of Director of FHP commented:

“We have been crying out for new industrial stock for local growing businesses who have become increasingly frustrated by property issues stifling their growth.

This scheme was specifically planned with small and medium sized businesses in mind which is one of the major growth sectors in our economy. I am not at all surprised that we have generated such strong interest, which I am hoping will see these businesses expanding and taking on new staff in the near future”.

Chris Proctor of FHP who has brokered a number of the deals added:

“These are the best small industrial units within the Nottingham market and are already showing signs of success. It is great to see a speculative scheme that will push rents and create employment for the local area.

Rushcliffe Borough Council have been pro-active with the decision making and legal information for proposed tenants. Due to this support, we already have 9 of the 15 units reserved and have a number of further interested parties.”

For further information or to discuss in detail please contact Mark Tomlinson at FHP on 0115 841 1134 / 07917 576254 or email him on mark@fhp.co.uk.

A new sub-lease to Stevenswood Trade Centre Limited has recently completed on the well-established of Brunel Drive Estate in Newark.

Unit 4 Glenholm Park is a 3,767ft² industrial unit and benefits from excellent prominence. The site sits in close proximity to major tenants such as Screwfix and Eurocell and offers an excellent trade location. The deal was agreed by Chris Proctor of FHP acting on behalf of the tenant HSS Hire and Ben Silcock of Lambert Smith Hampton acting on behalf of the sub-tenant Stevenswood.

Chris Proctor of FHP commented:

“FHP were instructed to sub-lease two former HSS Hire units in the Midlands area at the end of Q1 2017. I am happy to announce completion of the Newark disposal with the other being under offer and close to completion”.

“A big thank you to joint agent Abbey Thomas of 3PL Real Estate who acts on behalf of HSS Hire, as well as to Ben Silcock and Laura Hawkins of LSH who were quick to negotiate terms and push the deal forward”.

Ben Silcock of Lambert Smith Hampton commented:

“Newark was strategically selected as the first opening for Stevenswood in the Midlands and further openings are expected across the region”.

For further information or to discuss in detail please contact Chris Proctor or Tim Gilbertson at FHP on 0115 950 7577 or email them on chris@fhp.co.uk / tim@fhp.co.uk.

With stock levels throughout the region low, Tim Gilbertson of FHP is just bringing to the market a small industrial or warehouse unit on Park Lane, Business Park at Kirkby-in-Ashfield, just off the A38 at Junction 28 of the M1 which should let quickly.

Approximately 10 years old and to be presented in excellent order when the current tenant vacates shortly, this is a modern building ideal for any expending warehouse or production operator.

Tim Gilbertson commented:

“With two roller shutter doors and simple clear span working space ideal for any manufacturer or distribution company, I do expect to receive good levels of interest in this building from the off.  Stock levels really are low in the region, this building is a welcome addition to the market and for any potential tenant looking for around 5,000ft² of excellent space with good road links and easy access for staff then certainly this opportunity should be high on the list of possibles.”

To arrange to view or discuss in detail please contact either Tim Gilbertson or Brad Musgrove at FHP on 0115 9507577 or tim@fhp.co.uk / brad@fhp.co.uk.

FHP have instructions to sell or let substantial premises on Alfreton Trading Estate at a reduced price of £690,000 presenting a rare opportunity in the market.  The 17,623ft² unit benefits from a good sized yard and 3 separate roller shutter access doors.  The site could suit a development opportunity, potentially splitting the unit is a possibility to consider.

Chris Proctor commented:

“The market still remains in good shape and supply is limited, particularly for freehold opportunities.  Nix’s Hill presents an excellent opportunity for both occupation or investment.”

The sale or letting is being handled by Tim Gilbertson and Chris Proctor and for further information or to arrange to view please contact either of them on 0115 9507577 or tim@fhp.co.uk / chris@fhp.co.uk.

Acting on behalf of Samworth Brothers Limited, FHP recently brought to the market this superb 75,000ft² distribution / chilled facility set in 5.8 acres.

Our instructions have now been widened and a sale of the freehold interest will now be considered.

The building is superbly specified with a gatehouse controlled entrance, separate staff car park, two service yards and a self contained vehicle maintenance unit (MOT classified).

Internally the facility is fully chilled – the chilled facility can either remain or be removed, has the benefit of two storey offices and installed welfare / canteen facilities.

Full information is available by contacting John Proctor or Tim Gilbertson on 0115 950 7577 or email johnp@fhp.co.uk / tim@fhp.co.uk.

ENDS

John Proctor

Date:  27^th July 2017

Tel: 0115 9507577

Email: johnp@fhp.co.uk

I wanted to thank you very much with all your help with the letting we have been very impressed with the service provided by yourselves and it was a pleasure working with you.

As part of their ongoing growth programme, Lee Walkup, owner of Walkup Holdings Ltd, has acquired a development site at Anglers Lane in Derby through FHP Property Consultants.

The site extends to some 1.85 acres on the east side of the City off Nottingham Road in Spondon having easy access to the A52 and road connections beyond.  FHP were marketing the site for sale.

Mr Walkup who has interests in plant hire, contract earthmoving and Haulage established his first company in 1989 and provides a range of services to both the public sector and private construction industry including waste management, transport and environmental solutions.  Ian Torr of Cleggs solicitors handled the acquisition on behalf of Mr Walkup, whilst J H Powell and Co solicitors acted on behalf of the vendor.

Tim Richardson from FHP Property Consultants’ Derby office who handled the sale comments:

“We are pleased that the property matched Mr Walkup’s requirement being in an accessible location and providing the business with the space to expand over the coming years.  Industrial land is generally difficult to come by, especially for owner occupier businesses and we are always on the lookout for similar plots to satisfy other requirements.

Derby has a robust economy, being the fastest growing city economy in the East Midlands and within the top ten in the UK.  The industrial and distribution property sector has performed well over the last few years and we continue to receive enquiries for space from both existing local companies and those looking to expand into the area as they see the City as a great place to do business.”

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

FHP Property Consultants are delighted to be offering to the market a rare opportunity to purchase a modern industrial unit in the Derbyshire town of Shirebrook.

The unit is situated within the New Brook Industrial Estate on shared and secure site.

The unit measures 285.20m² (3,070ft²) and offers excellent quality warehousing with full height automatic roller shutter door and good eaves height of 5.5 metres.

The estate also benefits from good transport links to both Nottingham and Derby and the north via Junction 29 of the M1 Motorway which is situated some 5 miles to the east of the unit.

Thomas Szymkiw of FHP’s Office and Industrial Team commented:-

“At a time when freehold industrial units are a rarity we are very pleased to be bringing to the market such a good quality unit in an excellent location.  I therefore do expect interest in the property to be high and I urge any interested parties to contact FHP as soon as possible”.

For further information on this property or to see how FHP could help you with your property requirement, please do not hesitate to contact Thomas Szymkiw on 0115 841 1159 or thomas@fhp.co.uk.

END

I am a member of the Office and Industrial team at FHP, having joined the firm in June 2017.  I hold an RICS-accredited degree in Surveying from Nottingham Trent University, which I completed in 2011.  Before returning to the property sector, I gained valuable commercial experience working my family’s fresh produce business. This period provided me with a strong foundation in business operations and client service, which I have since brought into my property career. I returned to the property industry in 2016 and qualified as a Chartered Surveyor in 2020.  With a blend of practical business insight and professional expertise, I play an active role in advising clients across the office and industrial markets.

FHP Property consultants have recently been instructed to market the leasehold interest of Units 1 & 2 Hallam Fields Road, Ilkeston, Derbyshire.

These units are well located within the estate and are approximately 9 miles from Nottingham, 12 miles from Derby, and 7 miles from junction 25 of the M1 Motorway.

This modern warehouse space has good eaves height (up to 6.5m) and offers clear space accommodation which would be ideal for a variety of uses, as well as Unit 1 providing two storey office accommodation.

The premises are available as a whole or as individual units ranging in size from 232m² (2,497ft²) to 538m² (5,789ft²).  Each unit is available to rent on a new lease at £15,600 per annum.

Darran Severn from FHP Property Consultants comments:-

“This is a great opportunity to occupy good quality industrial space on a well-established estate when supply is limited. I am pleased to bring this unit to the market and I look forward to speaking to prospective tenants”.

For further information or to arrange a viewing please contact Darran Severn or Anthony Barrowcliffe on 01332 343 222 or darran@fhp.co.uk or anthony@fhp.co.uk.

Tim Gilbertson of FHP is often used to being put under pressure by clients who need both the classic “quick sale” but also at “the best price possible!”

Never more so has this been the case with two recent sales that have been completed in Leicester on behalf of an existing client, Mark Smithson, owner of Mark’s Electrical.

Tim Gilbertson takes up the story:

“When long term client, Mark Smithson, rang me up towards the end of 2016 to tell me he was moving it came as quite a shock.  Having only sold his former premises in Bardon, a variety of warehouse space some 18 months previously, the success of his business dictated a move to larger premises still and therefore he needed a sale of his two new buildings in Leicester on Elland Road completing quickly and at the best price possible.”

“His instructions were crystal clear and it was again a pleasure to deliver two quick sales for Mark to enable his further expansion and relocation to run through smoothly, with the sale of both buildings completing less than 5 months from the commencement of marketing”.

“Unit 1 Elland extended to well over 40,000ft², whilst Unit 2 offered over 20,000ft² of excellently specified warehouse space.  Both were well received in the market and after a full marketing campaign offers were made which were acceptable for both buildings and the sales were concluded before the end of May 2017.  Therefore, from initial contact to completion of the sales took just over 5 months with a capital receipt running into many millions and all this achieved within a very tight timescale, a pleasure again to meet and once more exceed my client’s expectations”.

Mark Smithson owner of the buildings commented:

“Once again Tim at FHP has come up trumps, he managed last time to sell 4 warehouses at Bardon Hill in a short time frame and this time he managed to sell two warehouses in a tighter time frame still. Without his expertise the deal probably wouldn’t have completed.

He is extremely reliable and always rings you back, which is a lot more than can be said for some of the competition. Well done Tim and thanks again.”

Tim Gilbertson continued:

“It has been a pleasure to deal with Mark again and I wish him well for the future.  When he needs to expand once more though hopefully he will give me a little more time so the pressure is not quite as intense but as ever the customer is always right and it was a pleasure to deliver once more for this very valued client”.

For further information on this deal or to see if Tim Gilbertson at FHP can help you with the sale or letting of your warehouse or industrial premises throughout the East Midlands please contact Tim on 0115 9507577 / 01332 34322 or email him on tim@fhp.co.uk.

Once again Tim at FHP has come up trumps, he managed last time to sell 4 warehouses at Bardon Hill in a short time frame and this time he managed to sell two warehouses in a tighter time frame still. Without his expertise the deal probably wouldn’t have completed.

He is extremely reliable and always rings you back, which is a lot more than can be said for some of the competition. Well done Tim and thanks again.

Sitting mid way between the centre of Nottingham and Junction 26 of the M1 Motorway, Glaisdale Industrial Estate is always a popular location for distribution or manufacturing occupiers.  With very limited availability on the estate at the present, Tim Gilbertson of FHP is pleased to offer Unit 12A to the market.

Extending to just over 18,700ft² the building offers a mix of good quality warehouse or potential production space with excellent fitted offices and the key advantage of a large securely fenced and gated yard.

Tim Gilbertson commented:

“The market still remains in good shape and supply is limited, particularly for modern units with a large yard.  The biggest attribute that Unit 12A, Glaisdale Point has is undoubtedly its large securely fenced and gated yard plus additional car parking and as a result hopefully we will receive early interest.”

The letting is being handled by Tim Gilbertson and Chris Proctor and for further information or to arrange to view please contact either of them on 0115 9507577 or tim@fhp.co.uk / chris@fhp.co.uk.

Darran Severn of FHP Property Consultants has recently brought to the market an excellent warehouse opportunity benefitting from a comprehensive mezzanine in Derby.

Masons Place is located approximately 1 mile from the Pentagon Island/A52 and provides excellent access to the City Centre and junction 25 of the M1 Motorway via the A52.

The premises are available to rent on a new lease direct with the landlord at a rent of £28,500 per annum.

Darran Severn from FHP Property Consultants comments:-

“This is a great opportunity for businesses looking for maximum storage space.  The mezzanine effectively doubles the floor plate which increases efficiency of the building.  There are not many options within the centre of Derby and I look forward to speaking with interested parties.”

For further information or to arrange a viewing please contact Darran Severn on 01332 343 222 or darran@fhp.co.uk.

Following a comprehensive marketing campaign, FHP Property Consultants have concluded the letting of a prominent industrial building in Derby to Vertu Motors.

The building extends to just over 6,000ft², situated in a very popular car sales location, with nearby dealerships including Honda, Nissan, Skoda and Toyota, together with independent outlets.  Vertu Motors have acquired the unit to run as a vehicle preparation and valeting centre serving their dealerships in the surrounding area.

FHP Property Consultants acted on behalf of a private client.

Tim Richardson from FHP Property Consultants comments:-

“We had lots of interest in this property but we are pleased to have worked with Vertu Motors in the end securing a long term lease to an excellent covenant.  Vertu are expending in the area and needed to relocate one of their facilities in which we were able to accommodate at this building.”

Demand for industrial premises in this area remains high and we will be pleased to hear from anyone looking to sell or let their premises.

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

Due to continued growth and therefore a relocation to larger premises by the current occupier, FHP Property Consultants are able to offer for sale these modern industrial/warehouse premises totalling some 16,481ft².

The property comprises three adjoining industrial units of just over 5,000ft² footprint each, plus first floor offices and were constructed to a high standard in 2007.

Tim Richardson from FHP Property Consultants comments:-

“The premises are used for high tech engineering and warehousing so are very clean and finished to a high standard.  Currently used as one facility, with a very large car park this is indeed a rare opportunity to acquire a self-contained production or warehouse property.  Longbridge Lane is a modern development off Ascot Drive which is very popular with both trade counter operators and many factories.”

Whilst the sale of the whole is preferred, our clients may consider sales of individual units.  There is also a small development plot with consent for an industrial building which has already received multiple offers.

For further information please contact Tim Richardson at FHP Property Consultants on 01332 343 222 or timr@fhp.co.uk.

FHP have brought to the market a modern self contained high quality chilled distribution unit of 75,000ft² at Meridian Business Park which is accessed from Junction 21 of the M1.

The facility is of a high quality with onsite vehicle fuelling and wash facilities, two service yards, a separate vehicle maintenance unit and dedicated staff parking separated from the distribution facility which has two separate yards and 29 loading doors.

For more information contact either John Proctor or Tim Gilbertson at FHP’s Nottingham Office.

John Proctor

Date:  17^th May 2017

Tel: 0115 9507577

Email: johnp@fhp.co.uk

Tim Gilbertson of FHP has been asked to market good quality warehouse or potential production space in Castle Donington ideal for any company looking to occupy modern accommodation on a securely fenced and gated shared site.

Forming part of the small Langham Park development at Castle Donington just off Trent Lane, the building of 680m² (7,314ft²) sits within quick access of the A50 and M1 Motorway.

Tim Gilbertson commented:

“As a result of the forthcoming expansion and relocation of my clients who currently occupy this building, it will become available later in the year.

Flexibility is the key here as we can offer either a short term lease for roughly 12 months or alternatively a long term arrangement can be put in place on a new lease.

The building offers simple well presented space and hopefully we will quickly encourage good levels of interest in the building.

For further information or to arrange to view please contact either Tim Gilbertson or Chris Proctor at FHP on 0115 9507577 / 01332 343222.

Acting on behalf of Rhys Davies Properties, Mark Tomlinson of FHP Property Consultants is delighted to announce the sale of 11 Glaisdale Drive, a 26,000 sq ft office and warehouse property located on Glaisdale Drive.  The property has been acquired by Blue Whale Spa expanding their hot tub manufacturing import and export business from Basford.

Mark Tomlinson of FHP Property Consultants commented:

“We were working with Blue Whale Spa’s requirement for some time whose business has gone from strength to strength over the last five years.  Finding premises to service their expansion however was tricky.  We put a strategy together on 11 Glaisdale Drive, whereby they could remodel these former Capita offices on Glaisdale Drive for both warehousing and distribution uses while retaining much of the office content for their purposes.  I’m delighted that Blue Whale Spa can now move forwards with their expansion”.

FHP have brought to the market a modern self contained high quality chilled distribution unit of 75,000ft² at Meridian Business Park which is accessed from Junction 21 of the M1.

The facility is of a high quality with onsite vehicle fuelling and wash facilities, two service yards, a separate vehicle maintenance unit and dedicated staff parking separated from the distribution facility which has two separate yards and 29 loading doors.

For more information contact either John Proctor or Tim Gilbertson at FHP’s Nottingham Office.

John Proctor

Date:  17^th May 2017

Tel: 0115 9507577

Email: johnp@fhp.co.uk

FHP Property Consultants in partnership with Rushcliffe Borough Council are delighted to be offering a rare opportunity to rent a brand new industrial unit in the desirable town of Cotgrave. The development is being built next to a fine selection of new build homes and within walking distance to both a country park and the town centre.

The units range in size from 750 to 1,750 square feet and provide excellent quality warehousing with roller shutter door situated in a shared and secure yard area with private parking.

The estate also benefits from fantastic transport links to Nottingham, Newark on Trent and Leicester and is located in close proximity to both the A46 and A52 dual carriageways, the latter giving good access to Nottingham’s Ring Road and the M1 Motorway.

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

“At a time when small, new build industrial units are a rarity, we are delighted to be marketing such an exciting scheme. As expected, interest in the first phase development has already been high and I expect that we will have the majority of the units reserved upon completion in the summer.”

FHP also now taking enquiries on the second phase of the development, a commercial development plot available to purchase of circa 1.1 acres with planning consent for industrial, warehouse and office uses.

For further information on Hollygate 46, or to see how FHP could help you with your property requirement, please do not hesitate to contact Thomas Szymkiw on 0115 841 1159 or thomas@fhp.co.uk.

END

Thomas Szymkiw

Date:  19/05/2017

A picture tells a thousand words and certainly this is true given the redevelopment our clients, CWC Group, are undertaking on prime trade counter space at Newmarket Court just off Ascot Drive, Derby.

Three trade counter units are being created, with two already ‘under offer’ to household name occupiers.  The third unit remains available as Tim Gilbertson of FHP who is marketing the scheme commented:

“Our clients, CWC Group, bought this site with a view to redeveloping and refurbishing and we quickly located two prime occupiers for two of the three units to be created which will provide the best trade counter spot in Derby, with main road frontage to Ascot Drive, Derby’s best trade counter location.

As the picture shows our clients are racing on with the refurbishment and redevelopment of the site and therefore the final unit left, which extends to 2,815ft² will hopefully be snapped up soon as well, particularly as it benefits from its own large car park and again prominence to Ascot Drive.

A new lease is available and I would be delighted to discuss this opportunity with any potential tenants.”

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

FHP Property Consultants have recently been instructed to market the leasehold and freehold interest of Unit 4 High Holborn Road, Codnor Gate Industrial Estate, Ripley, Derbyshire.

The premises is well situated within an established industrial location providing easy access to the M1 Motorway via the A38.  The property extends to approximately 7,600ft² and delivers clear span accommodation with the benefit of two additional mezzanines.

Darran Severn from FHP Property Consultants comments:-

“I am pleased to bring this unit to market and I look forward to speaking with prospective tenants or purchasers.  With a current lack of good quality units, I suspect this will appeal to several local occupiers.”

For further information or to arrange a viewing, please contact Darran Severn on 01332 343 222 or darran@fhp.co.uk.

The industrial and distribution market in the East Midlands has been crying out for new build stock for some time.  Stock levels continue to be low and despite this there has been little or no speculative construction.  One developer and investor has though bucked this trend and has now received his due rewards!  Long term clients of Tim Gilbertson of FHP, Mike Wrigley of PMW Properties, speculatively developed on Cotes Park Industrial Estate at Alfreton a 30,000ft² superbly constructed warehouse unit which Tim Gilbertson has now let.

Tim Gilbertson takes up the story:

“I encouraged our client to speculatively develop out space on this site, although no encouragement was needed as he was fully aware of the complete lack of available stock in the region.  As ever when encouraging speculative development there is pressure on any agent to achieve success but I am delighted that within a short period of practical completion of the construction of this excellent warehouse we have found a new tenant on a 10 year lease.

Our client, Mike Wrigley of PMW deserves massive credit for his decision to build speculatively in a market where few, if any, developers are doing the same in this mid range warehouse/industrial unit sector.  For us to secure a long term lease is great reward in a deal where also the tenant wins by securing the only new build unit of this size in the region, a great result all round.

We now hope that other developers will follow this lead and speculatively construct space to alleviate the chronic lack of supply in the market place.”

The unit has been taken by Fabb Sofas, to create a Midlands Distribution Centre for their business. 

Tim Gilbertson continued:

“For our client, PMW we have other property options available in the region and we really hope that these will go shortly as they should, again as a result of good demand in the market and most importantly a very limited supply. We hope to report further deals shortly.”

For further information on this transaction or to discuss the stock that is available on the region please contact Tim Gilbertson at FHP on 0115 9507577 or tim@fhp.co.uk.