Competitively priced space with a large yard is always a sought after commodity regardless of location, but when an opportunity arises that sits virtually adjoining the A1 just north of Newark then it is reasonable to expect such buildings to attract strong interest.

This is very much the case with an opportunity that Tim Gilbertson of FHP is bringing to the market at Carlton-on-Trent as two substantial units of respectively just over 35,000ft² and 70,000ft² are now immediately available on a new lease, either individually or combined.

Merely 10 years old, both units have been constructed to a very high standard and sit on a securely fenced and gated shared site, each benefiting from massive yards with a total land holding available with the two warehouses extending to approximately 12.08 acres.

Tim Gilbertson commented:

“With so little space available up and down the M1 Corridor and the situation the same on the A1 Corridor, I am confident of early interest in these buildings which adjoin the A1 just north of Newark.

Built to an exacting specification roughly 10 years ago, each of the units, which are available individually or combined, benefit from 16 level access loading doors, effectively cross loading being available to both buildings and perhaps the further key advantage with this opportunity is the huge site upon which the properties sit, the majority of which being concrete surfaced.

New leases are available on both buildings and whilst our client would prefer to let the pair to a single occupier, offers will also be considered for each building independently.

It is nice to bring such good quality stock to the market when levels remain low and even and even with the onset of summer I do think the location, specification and large site upon which these buildings sit should create interest from the start of our marketing campaign.”

For further information on the units or to discuss or arrange to view please give Tim Gilbertson at FHP a ring on 0115 9507577 or drop him an email on tim@fhp.co.uk.

CWC Group, owners and developers of Castlewood Business Park, the East Midlands foremost distribution and manufacturing location at Junction 28 of the M1 Motorway, are pleased to announce the latest occupier to the scheme, Middlebrook Transport.

Delivered on time and on budget yet again, Middlebrook become the latest occupier in this superbly successful site which sits adjoining the M1 at Junction 28 of the Motorway at its intersection with the A38.

Middlebrook have purchased a bespoke unit of 30,000ft² and are already in occupation and trading well!

Joining existing occupiers, the Cooperative Group, Alloga and Bombardier amongst others, this deal now takes floor area built or under construction to over 1.3 million sq ft with a new facility for Alloga of 220,000ft² due for practical completion in October this year.

Development Director at CWC Group, James Richards, commented:

“It is a pleasure to announce another new occupier to the park to augment the various distribution and manufacturing companies already on site.

We have a real mix of occupiers at Castlewood ranging from household name distribution companies such as the Cooperative Group through to smaller manufacturing companies such as Midland Aerospace and now we have a further local occupier relocating to take advantage of the superb facilities and location we have on offer.

Whilst we still have plenty of land available for units to be built of up to 300,000ft², this deal is now really our bread and butter as a local occupier needing just 30,000ft² saw this as their natural home and we were delighted to construct a bespoke unit as a result.

We hope, regardless of any uncertainty in the economy elsewhere, to announce further new deals shortly and believe that the quality of this location and the buildings we can offer will see deals continue for many years to come.”

Tim Gilbertson of FHP and Ranjit Gill of Savills acted on behalf of CWC Group in agreeing a deal and Tim Gilbertson commented:

“As mentioned by James Richards, this type of deal, rehousing a local occupier into what some might consider a ‘small’ building is our ideal market for the near future.  Whilst bigger property requirements will always be accommodated whenever possible, the vast majority of companies around J28 of the M1 are in this sector of mid-sized businesses needing between 20,000ft² and 50,000ft².  At Castlewood we have the ability to accommodate on a sale or letting basis requirements of this size with ease for many years to come and I can foresee a position where a number of deals in this size sector will be completed in the near future.

We are delighted to welcome Middlebrook Transport to the site and look forward to announcing further deals in the near future.”

Owner of Middlebrook Transport, Rick Bromley, commented: 

“This has been a massive move for us and we have been helped all the way by the Clowes team. The end result is a building that we are extremely proud of and will serve us for many years to come. The whole process has been a true partnership with special thanks to James Richards and his team for making it as smooth as possible.” 

For further information on Castlewood and to see how it can be turned into your company’s next base the please speak to Tim Gilbertson at FHP on 0115 9507577 / tim@fhp.co.uk or Ranjit Gill at Savills and we will be quick to respond.

In uncertain times when nervousness seems to be a self-fulfilling prophecy for some companies, others are taking advantage of full order books and quickly acquiring what very limited space remains available in the market place.

Never has this been more the case than with the letting completed by Tim Gilbertson of FHP at Millennium Business Park at Mansfield where 25,000ft² of space has been snapped up within a matter of days of coming to the market by one of the UK’s largest online kitchen appliances specialists – Ship It Appliances. Established in 2010, this will be their 5^th move, dictated by increasing consumer demand and the directors’ motivation and enthusiasm to drive the business forward with the ambition of expanding to Europe and US.

Their full order book and confidence in the market, regardless of concerns with the general economy that others may have convinced them to act quickly as they sensibly acquired this superb building on a new lease. The company’s acquisition of these premises was brought on by ever increasing consumer demand for quality kitchen appliances at affordable prices.

Tim Gilbertson who let the building commented:

“With the market starved of good quality space, this modern warehouse was always likely to attract attention regardless of any concerns that some potential occupiers may have over the economy as a whole.

The speed at which Ship It Appliances moved to secure this building within a matter of days of it coming to the market and then swiftly concluding the letting process with their solicitors enforced their belief, and indeed mine, that companies must have faith in their own abilities to perform and healthy order books, rather than become overly concerned by commentaries received from television and newspapers alike potentially portraying doom and gloom!

Ship It Appliances are a thriving local family-run business which now employs over 15 staff and apprentices. I believe there are plenty more potential occupiers of new leasehold or freehold space in the market for accommodation looking to take advantage of continued good trading conditions despite what others may lead us to believe when reading newspapers or viewing the news on television.

This was an excellent building with its own secure yard and a lack of supply of space means that plenty of other opportunities are still required to meet that demand.

The Directors at Ship It Appliances commented:

“We started trading from our garage with a £600 investment. The business has grown exponentially over the past few years and we look forward to increase and improve our business even further at our new premises. Today, more people than ever before love the comfort and convenience of online shopping and due to the high quality and affordable prices of our appliances, as well as free next day delivery to 99.9% of the UK, we are in a very good position within our market.  The secret of our success is passing our supplier discount on to our online customers and in order to continue getting the very best prices from suppliers we need to order and stock a larger quantity of appliances – Concorde Way will allow us to do so.  The ambition for the future is to put an SIA appliance in every home in the UK and introduce our brand to the Europe and US market.” 

For full details of the deal or to see how Tim Gilbertson can help you with your building then please contact him on 0115 9507577 or email tim@fhp.co.uk.

On behalf of long term clients, I am pleased to offer, in conjunction with Jonathan Seddon at NG Chartered Surveyors, the opportunity to lease high calibre warehouse or potential production space of just over 44,000 sq ft.

The unit forms part of Sherwood Park at Junction 27 of the M1 Motorway, a superb location at a building literally within moments drive of the motorway itself.

The unit will be presented in immaculate order, following the vacation of the current tenant and will benefit therefore not only from accommodation ready for immediate occupation but also from a very large car park to the front elevation together with additional large rear loading for level access loading doors.

A new lease is offered and any potential interested party should speak to Tim Gilbertson on 0115 950 7577.

FHP Property Consultants have a range of production and warehouse units to let at the Amber Business Centre in Riddings, Alfreton and to coincide with Euro 2016 have produced a football themed flyer.

A copy is attached, and we can offer units from 700ft² up to 40,400ft² or larger in combination, all available to let and offering flexible lease terms.  The buildings sit on a managed estate with good access to the A38 dual carriage and thereby the M1 at Junction 28.

Tim Richardson from FHP Property Consultants comments:

“We have starter units, medium sized and larger production or distribution units and we quite often see businesses grow within the estate.  The hands on approach taken by the landlords means we work with the tenants to meet their needs wherever possible.”

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

ENDS

15/06/2016

Following the expiry of the lease to the tenants of 1 and 2 Shipley Court, the landlords asked FHP Property Consultants to act on their behalf to market both units. FHP undertook a widespread marketing campaign and have secured the sale of both of these modern industrial units.

The buildings are situated on the Manners Industrial Estate in Ilkeston, Derbyshire and extend to some 2,920ft² each. Unit 1 was sold to an owner occupier, CBS Couriers, as part of their business expansion. Unit 2 was sold to a local investor and was subsequently re-let by FHP.

Tim Richardson of FHP Property Consultants comments: “we are pleased to have secured the sale of both of these buildings which provide good quality, modern warehouse space on a popular industrial estate. We are also pleased to have been able to re-let Unit 2 pretty much straight away which shows the strength of the local market and demand for modern warehouse space in the area.”

FHP have seen an increase in enquiries for freehold industrial properties in Ilkeston and the surrounding area both from local business and investors looking for commercial properties to purchase and create an income producing asset.  With the increase in stamp duty on buy to let residential property we are receiving more enquiries for commercial and industrial buildings but there is currently little available to buy.

For further information, please contact Tim Richardson from FHP Property Consultants on 01332 343222 or email timr@fhp.co.uk .

End.  June 2016

I would like to thank FHP for their professional and efficient approach in securing the purchase of our new property.

FHP Property Consultants have let another unit at Amber Business Centre, and consequently been instructed to market two further units on the estate.

Esales Pro Limited have agreed a lease for the industrial/warehouse unit 15.11, Amber Business Centre, which is approximately 1,200 sq ft, for a term of 5 years after being vacant for just a period of approximately 6 weeks.

Darran Severn from FHP Property Consultants comments:

“With the lack of stock, void periods are shortening and rents are increasing.  I am pleased to complete another letting here at Amber and to have done so in a short period.

 Two further units, 13.7 (624 sq ft) and 15.13 (2,906 sq ft), are available on terms to be agreed. Please get in contact if you would like to find out more.”

For further information on this letting please contact Darran Severn at FHP Property Consultants on 01332 343 222 or email darran@fhp.co.uk.

FHP Property Consultants have secured yet another tenant at Amber Business Centre, Ridding, Alfreton.

Arnold Lift trucks have taken Unit 17.2 which extends to approximately 700 sq ft and provides modern industrial/warehouse space.

The estate benefits from its excellent location with the A38 and M1 Motorway within several miles.

Darran Severn from FHP Property Consultants comments:

“We received several offers for this unit within the first few days of marketing, which meant we were able to secure the best lease terms for our clients.  There continues to be an unprecedented demand for similar units and I will be delighted to talk with any landlords who have an empty property.”

Amber Business Centre currently has several larger units available from 12,000 – 40,000 sq ft.

For further information on this letting please contact Darran Severn at FHP Property Consultants on 01332 343 222 or email darran@fhp.co.uk.

Ends April 2016

Clowes Developments Ashby site, Ivanhoe Business Park, has seen huge activity already in 2016 with deals agreed and five buildings under construction for owner occupiers.  One of these is the development of a state of the art warehouse for Tame Logistics and despite work starting on site only a few weeks ago, already the building is coming close to being wind and watertight.

A huge range of property sectors are accommodated at Ivanhoe Business Park from small office occupiers through to production and distribution companies, with the speed and quality of build another reason why so many local companies are relocating to this site.

Agents for the scheme are Tim Gilbertson of FHP and Phil Randle at Salloway.  Tim Gilbertson commented:

“It is always great to go to a site and see activity, particularly when such high quality buildings are being constructed and indeed across a range of different sectors of the market.

Our clients are currently building on site a 30,000ft² warehouse, a day nursery, a veterinary practice, offices and manufacturing space, all bespoke built for occupiers drawn to the site by its fantastic location, quality of construction and simplicity of delivery.

We very much hope that our clients will be starting on site soon also with speculative office development as we already have speculative industrial development planned with new units to be constructed on site soon.  I would be delighted to discuss this terrific site with occupiers in any sector looking to buy or rent space as Ashby’s Ivanhoe Business Park really is the place to be.”

For further information please contact the agents, Tim Gilbertson of FHP (0115 8411146 / 07887 787893) or Phil Randle of Salloway (01283 500030/07970 293740).

With New Basford continuing to be a popular choice for industrial operators in the region, FHP agreed a swift deal for 11 Rawson Street, a quality warehouse in the area, after bringing it to market.

Naturally Scientific Technologies have agreed a 10 year term incorporating a 5 year break, to support and expand their operations in the Nottingham area. The deal on the 6,817 sq ft detached warehouse gives them stronger connectivity into Nottingham, being located in between the City Centre and the M1 Motorway, and just minutes from the inner ring road.

Landlord Gabriel Strauss, Director at Capatex comments:

“Once again delighted with the service provided by FHP. Lucinda found a good tenant and followed the process through to completion.”

Lucinda Hancock, concluded the letting. She comments:

“Naturally Scientific Technologies had been looking for an additional unit to support their existing operations in Nottingham and I was delighted that the unit at Rawson Street was found to be well suited to their requirement – we received a significant amount of interest in this unit during the marketing period and I was delighted to secure a 10 year lease for our client.

 We are now experiencing a shortage of quality stock within this size bracket in the Nottingham area and I would be delighted to hear from anyone considering their property options in the industrial sector.”

 For further information please contact Lucinda Hancock on 0115 841 4794 or email Lucinda@fhp.co.uk

I would like to complement FHP in particular Darran Severn, from their initial meeting to the end I was very impressed with the speed and professionalism which they dealt with the whole process and it was certainly a breath of fresh air.

Throughout the East Midlands, despite the strengthening demand for industrial and distribution space, there has been little or no speculative construction of note.

FHP clients, PMW Property, are bucking this trend and as our latest photo of the site with our clients shows, work has progressed with groundworks well advanced in anticipation of practical completion of a new build unit of 30,000ft² during Summer this year.

Good levels of interest have already been received and Mike Wrigley at PMW Property commented:

“Whilst many of our competitors are not prepared to speculatively develop space, given the strength of demand we have encountered on similar schemes, we are more than happy to make a statement to show our faith in the market and speculatively develop this superb potential warehouse or industrial unit of 30,000ft².

The building has the terrific advantage of being part of an established estate location which is just off the A38 and within minutes of Junction 28 of the M1 and, once finished, will sit on a securely fenced and gated shared site.

We already have initial expressions of interest but the building has not, as yet, been let or sold.  However, our agent Tim Gilbertson FHP will be delighted to hear from any potentially interested parties.”

Tim Gilbertson of FHP is acting on behalf of the developers and commented:

“It remains something of a surprise that no developers within our patch are speculatively constructing as the market remains strong with ongoing demand and very limited supply.  PMW should be commended on their approach and I have no doubt that sooner or later one of the initial expressions of interest or potentially a new party encouraged by this note, will agree terms to either buy or rent the building and benefit from what will be a fantastic property in a location as good as there is around the M1 in the East Midlands.”

For further information on the unit, to include quoting terms to either rent or by the please contact Tim Gilbertson at FHP on 0115 9507577 or tim@fhp.co.uk.

FHP Property Consultants are delighted to announce the recent letting of Unit 8 Viking Business Centre, Woodville, Swadlincote to Riders Limited.

The last remaining unit comprises 1,400 sq ft and has been let on a five year lease, achieving a rent of £5.50 per sq ft.  In addition, Riders have also taken the ground floor shop unit to the front of the estate.  Matthew Smith, director of Riders Limited commented:

“I was attracted to each premises for their prominent location which is based on a busy High Street in Woodville, Swadlincote.  The retail shop stands directly on the High Street which suits our needs being a motorcycle retailer, and the warehouse premises to the rear will house our workshop department.

I would like to complement FHP in particular Darran Severn, from their initial meeting to the end I was very impressed with the speed and professionalism which they dealt with the whole process and it was certainly a breath of fresh air”.

Darran Severn from FHP Property Consultants comments:

“I am pleased to see the estate reach full occupancy in what was a very straight forward letting.  With a big push from all parties we managed to turn the letting around in just 2 weeks”.

For further information on this letting please contact Darran Severn at FHP Property Consultants on 01332 343 222 or email darran@fhp.co.uk

Ends.  April 2016

Once again delighted with the service provided by FHP.  FHP found a good tenant and followed the process through to completion.

Providing potentially excellent storage or production space, Tim Gilbertson of FHP now has available a rare chance to lease good quality production space with craneage in Sutton-in-Ashfield.

Tim Gilbertson commented:

“In a market where available space is limited, most landlords are seeking long term leases and available units tend to suit light industrial or distribution orientated companies.  Indeed, I cannot remember the last time we had on the market a unit with craneage suiting also on more general industrial users.

Therefore, to be able to offer a good quality building in a popular location, just off the A38 which benefits from both craneage and a landlord happy to take short or long term occupation is a real treat and as a result I am expecting interest to be generated quickly.

Whilst previously used for manufacturing purposes, the height of the building, with 9.5 metre clear height, will ideally suit alternatively companies looking to rack out premises and maximise available volume.

I would be happy to discuss and arrange to show around any interested parties and to discuss the building please contact myself or my colleague Thomas Szymkiw on 0115 9507577 or tim@fhp.co.uk / thomas@fhp.co.uk.”

The chance to purchase small starter units in any established industrial location is always well received in the market, so rarely do opportunities come around.  We are pleased to offer therefore two starter units to be sold together at Lowmoor Court off Lowmoor Road at Kirkby-in-Ashfield.

Tom Szymkiw of FHP explains:

“It is not often units of the size we have here become available.  To be sold as a pair, the units combine to just over 3,000ft² and benefit from oversized yard space, with the units forming part of a small development all set on securely fenced and gated site.

I would anticipate strong interest in this opportunity, especially as the premises have just been refurbished by the outgoing tenant.

A rare chance to buy and I look forward to early expressions of interest from potential buyers.”

For further details on the opportunity contact Thomas Szymkiw or Tim Gilbertson on 0115 9507577 or tim@fhp.co.uk / thomas@fhp.co.uk.

In a market starved of good quality existing warehouse or potential production space, Tim Gilbertson of FHP is pleased to confirm the availability of superbly specified modern space in Mansfield.

Forming part of Millennium Industrial Estate just off Chesterfield Road in Mansfield and therefore set within quick access of the town centre as well as Junctions 28 and 29 of the M1 Motorway, this high calibre building is immediately available on a new lease.

With the benefit of its own securely fenced and gated site the building benefits from 7.6 metre eaves, clear span space and good quality ancillary and office accommodation.

Extending to just over 24,000ft² a new lease is available and to make arrangements to view or discuss please give Tim Gilbertson or Tom Szymkiw a call on 0115 9507577 or drop us an email at tim@fhp.co.uk / thomas@fhp.co.uk.

Following an extensive agent-led search for new premises, The Furniture Recycling Group jumped at the opportunity to relocate to a new facility at The Amber Business Centre in Riddings, Alfreton, being marketed through FHP Property Consultants.

Following the relocation of Parker Knoll Furniture from 3 industrial units at Amber Business Centre to a new build facility at Castlewood Business Park, their former premises came available to let and TFR, represented by BB&J Commercial, expressed an early interest and terms were agreed.

Whilst Parker Knoll manufactured new furniture at the property, TFR work at the other end of the cycle and in effect reverse manufacture furniture, returning it to constituent components such as timber and fabrics for reuse. This is a growing industry and TFR have found a niche working with a variety of customers from different sectors including local authorities, hotel chains and high street retailers looking to improve their carbon footprint through using a sustainable disposal method with future cost certainty.

Tim Richardson from FHP Property Consultants comments:

“TFR’s process is very similar to the previous occupiers albeit dismantling rather than assembly and the property appeared to fit the bill well providing a crossflow of work with goods in at one side and raw material out of the other.  We were pleased to agree terms with BB&J Commercial and expedite completion of the lease in a timely manner to facilitate TFRs relocation”.

Chris Wright from BB&J Commercial comments:

“The search remit for the Furniture Recycling Group was fairly broad, we were considering property options within a 15 mile radius of Ilkeston.   The Amber Business Centre was a natural choice for TFR given the good local labour supply and as the building was previously used for furniture manufacture, the layout and fit out worked well with my clients operation.”

Philip Caspell, Investment Manager at CEG on behalf of the landlord adds: “It is great to welcome TFR to the estate.  This deal, coming so quickly after the unit became vacant, highlights the popularity of the Amber Business Centre to modern occupiers.  We look forward to working with TFR in the future”.

FHP Property Consultants have three other units remaining available on Amber Business Centre of 12,500 sq ft, 14,400 sq ft and 40,400 sq ft undergoing refurbishment and available to let.

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

Following hot on the heels of the letting of Unit 11 at the end of last year and thus full occupancy of the estate, Unit 10 has just come back on the market available to let.  The building extends to some 164m² (1,770ft²) and is situated on the Prime Industrial Park which is located on Shaftesbury Street close to its junction with Osmaston Road, approximately 2 miles south of Derby City Centre.  This is a sought after industrial park providing a range of industrial and warehouse properties popular with both manufacturers and storage users alike.

This unit has roller shutter loading access and is situated within a gated courtyard.  Unit 10 is available to let by way of a new lease at a rent of only £7,950 per annum.

For further information, please contact Tim Richardson at FHP Property Consultants on 01332 224 857, or joint agents Innes England

Ends.  March 2016

On behalf of M7 Real Estate, FHP Property Consultants have been instructed to market a modern mid terrace industrial/warehouse property with excellent access to the motorway network at Ecclesbourne Park Industrial Estate, Alfreton.

The 2,980 sq ft unit provides modern accommodation with good internal eaves height, offices and wcs, together with loading, via an up and over loading door.

One of the main advantages of the unit is its location, sitting on a well-managed estate with excellent access to the A38 dual carriageway providing fast access to Junction 28 of the M1 Motorway approximately 2 miles away, and also south west to Derby and the West Midlands.

It is available to let by way of a new lease on terms to be agreed.

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

Ends.  March 2016

FHP Property Consultants have let one of the last remaining units at Viking Business Centre in Swadlincote to Land Marine Limited, on behalf of private clients.

Land Marine, an engineering specialist, have signed a new 5 year lease on Unit 2 at the Business Centre, comprising 1,972 sq ft.

The Estate in Woodville, Swadlincote, comprises 2 terraces of modern light industrial/warehouse units and only one remains available. Spanning 1,400 sq ft, the last remaining unit offers modern accommodation in a prominent location off the A411 High Street, Woodville.

Darran Severn from FHP Property Consultants commented:

“There has been a steady run of lettings on the estate in recent months and I’m pleased to see the momentum continue, bringing it close to full occupancy. Again, we’re seeing real demand for units of this size and as is exemplified here, the supply is running thin.”

For more information about the remaining unit, please contact Darran Severn on 01332 343 222 or email darran@fhp.co.uk.

Highly prominent industrial units on busy arterial roads are usually difficult to find in Derby but FHP Property Consultants have been instructed to market such an opportunity.

The unit extends to some 6,000sq ft and is situated on Stores Road on the northern side of the City Centre enjoying a highly accessible location a stones throw from the A61 Sir Frank Whittle Way which links the A38 dual carriageway to the A52 and City Centre at Pentagon Island.

There are a number of high profile occupiers in the area including main car dealerships and trade counter operators such as A Plant Hire, Jewsons, Yess Electrical and Brewers Decorators.

The property is available to let by way of a new lease at a guide rent of £27,000 per annum.

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

Ends.  March 2016

2015 was a fantastic year for Clowes Development’s Ivanhoe Business Park and 2016 shows signs already of at least meeting, if not surpassing, the levels of interest created in the development site over the last 12 months.

Agents for the scheme are Tim Gilbertson of FHP and Phil Randle of Salloway and to exemplify this strong start to 2016 both have completed deals in February which will welcome new occupiers to the site, Tame Park Logistics part of the PS Forwarding Group and DACS Office Solutions.

Tim Gilbertson negotiated the Tame Logistics deal and commented:

“To do two deals in a month is great news for any development site and Phil Randle and I are both delighted with the deals concluded on behalf of our client, Clowes Developments.

The deal with Tame Logistics sees them agree to purchase what was intended to be a speculatively constructed warehouse of 30,000ft².  However, before the first spade was raised in anger, Tame had snapped up this fantastic opportunity to purchase prime distribution space on the park.

With work well progressed on site and practical completion due in September this year, we look forward to welcoming Tame as they take another base to add to their existing distribution locations throughout the region.”

Philip Eaton, Managing Director of Tame Logistics commented on his reasons for taking additional space at Ivanhoe Business Park:

 “Our group midlands based freight forwarding operation, MIES International ltd was established 40 years ago this year. Our growth has been hampered in the last few years by a lack of suitable warehousing space. The development at Ivanhoe business park exactly meets our needs to accommodate our growth into our next decade.” 

The second deal concluded at Ivanhoe this month has seen Phil Randle at Salloway complete the sale of prime warehouse/industrial space to DACS Office Solutions.

Phil commented:

“It is great to see, in addition to all the new companies on site that one of the original occupiers has now expanded, further underlining the strength of the business park.” 

James Richards, Development Director of Clowes Developments added:

“It has been a great start to 2016 and Tim Gilbertson and Phil Randle have got the year off to a flying start for us with these two excellent deals.

The development of the new unit which we have sold to DACS Office Solutions is great but even more exciting still is the sale of 30,000ft² to Tame Logistics.  In itself this is a great deal as well but perhaps more exciting is that the fact that we plan to build this unit out speculatively in any event but before even managing to lay the first spade in anger Tim Gilbertson has secured interest from the eventual purchase and again terms have been agreed, solicitors instructed and then contracts exchanged all before speculative construction commenced, thus turning as speculative development into a bespoke deal for Tame Logistics to facilitate their expansion within the area.

We do hope to announce details of additional deals on the park shortly and indeed we are hopeful of speculatively developing on site again soon too which will hopefully make 2016 a very exciting and indeed successful 12 months.” 

Ivanhoe’s superb positioning, within moments of the town centre of Ashby and the M/A42 has proved yet again to be a winning combination with these deals but with plenty of land left available for office, industrial or distribution occupiers to either buy or rent bespoke space we look forward to welcoming further interest and indeed confirming news of additional deals in the very near future.

Heather Dixon of Geldards acted for Clowes Developments the sale of 30,000ft² to Tame Logistics whilst Flint Bishop acted on behalf of Clowes Developments in the DACS transaction.

As with previous years, 2015 has been a terrific success for Clowes Development’s Castlewood Business Park at Junction 28 of the M1, located adjoining the Motorway at its intersection with the A38.

Tim Gilbertson has dealt with all of the deals completed during the last 12 months and commented:

“I am delighted to attach to this note a retrospective of the year we have had at Castlewood which hopefully succinctly summarises the great success encountered.  With deals completed to Alloga, Middlebrook Transport and Parker Knoll and with further deals in solicitor’s hands for new development in 2016, our anticipation is that the coming 12 months will be just as positive as the previous.

I attach a retrospective for the year which hopefully puts into context the success of this fantastic site where we still have over 40 acres of land left for industrial or warehouse development for purchase or lease on a design and build basis.

Now with 1.25 million sq ft built or under construction we hope that that figure will increase substantially during 2016!”

For full details or to discuss how Castlewood might provide your business with its new home then please contact Tim Gilbertson on 0115 9507577 or tim@fhp.co.uk.

The first images have just been released showing PMW Property’s intended speculative development of 30,000ft² of high calibre warehouse or production space on the Cotes Park Industrial Estate just off the A38, within minutes drive of Junction 28 of the M1 Motorway.

The CGI above has just been released with work due to commence on site this month and practical completion anticipated for the final quarter of 2016.

Tim Gilbertson of FHP who is dealing with the marketing commented:

“It is great to report the return of speculative development to our region and with this opportunity, which will be superbly specified and fantastically located, we are already receiving good levels of interest both to buy and rent.

The image above captures the essence of the building which will be constructed to a high standard throughout and which can still, at this stage, be tailored to an end occupier’s specific requirements.

Whilst we have interest, the building remains available but I would encourage any potential occupiers of the property to come forward sooner rather than later as my suspicion is that this property won’t be around for long given the complete lack of similar space in and around Junction 28 of the M1”.

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

2016 shows no sign of the demand for quality warehouse and industrial space diminishing, as deals have already been completed within the first few weeks of the New Year.

Acting on behalf E.I.R.P. Ltd, a major property company based in South Normanton, Tim Gilbertson has just let over 35,000ft² of prime warehouse space just off Junction 28 of the M1 at its intersection with the A38 to growing local occupier Radius Systems in a deal which sees a 5 year lease concluded.

This high quality warehouse building with two storey offices, all set on a securely fenced and gated site, created great interest from the start of marketing which should come as no surprise given the lack of space in the market and the general confidence throughout industrial and distribution occupiers in this size sector.

This continuing confidence in the sector is great to see but unfortunately the East Midlands, as with most regions, is stymied at present by a lack of supply as Tim Gilbertson who dealt with the deal commented:

“As ever it is good to start the New Year off with a quality deal and we wish Radius Systems, our new occupiers at our client’s premises, well as they continue on their expansion trail.

We experienced strong interest in this building from day one which is no surprise given its prime location and excellent specification.   This, coupled with the improved demand in the market place, has created an environment where deals are generally being undertaken quickly but what is concerning is the lack of stock in the market to meet the many unsatisfied requirements that still exist in and around the East Midlands.

There is no quick fix solution to this, industrial units cannot simply be built overnight and whilst we have a number of development sites where we are agreeing design and build deals to provide bespoke property solutions for occupiers on either a purchase or rental basis, there is always a time lag with these and some companies simply cannot wait.  Hopefully though with the year unfolding new stock will come to the market and if any parties do have surplus space coming available then I would be delighted to hear from them to meet the demands of occupiers across all size ranges and indeed specification standards.  There is demand and there is very limited supply.

Turning back to this deal though, we wish Radius Systems well for the future and look forward to hearing news of their continued growth and success.”

Graham Thurlow, Radius Systems Chief Operating Officer commented:

“Radius Systems have entered a period of growth which will continue in the foreseeable future, which means that we need to expand our stockyard and warehousing facilities. The premises are in a great location, close to our manufacturing site, and this will help us reach our productivity improvement targets to better serve our customers.” 

David Collett of CVS acted on behalf of the tenants, Radius Systems Limited and Rob Wofinden of Browne Jacobson acted in conjunction with Tim Gilbertson on behalf of the property owners, dealing with all legal matters expeditiously.

For full information on the deal or to see how Tim Gilbertson can help you with the disposal of your premises please contact him on 0115 9507577 or tim@fhp.co.uk.

2015 saw the Leicestershire warehouse and industrial market strengthen, with stock diminishing and demand improving.

The early months of 2016 have seen this market kick on again with demand improving still further.

Increased demands for space, coupled with the ongoing lack of supply as exemplified by a few of the buildings we have sold shown here at Bardon just off J22 of the M1, suggest that 2016 will see both rental and capital values rise yet again as the market is still starved of stock through all sizes and specifications from new build to mid range and from small to large.

Tim Gilbertson of FHP who dealt with the deals shown commented:

“My prediction for the remainder of 2016 is continued demand and rises in both capital and rental values.

We have any number of parties looking to purchase or rent space throughout Leicestershire with the vast majority being frustrated by the lack of stock on offer.  Competition for space is strong and as a result rents and values are rising, with no sign of substantial amounts of new space coming to the market this trend seems set fair for the foreseeable future.

I would love to have more stock available and I can certainly provide a very positive prognosis of market conditions for any potential clients

that are looking to sell or let warehouse or distribution space at present.

Our list of enquirers is strong and continues to grow literally in a daily basis with many unfulfilled requirements in the market place.  I would be delighted to come and see any potential new vendor or landlord clients and advise further on the continued strength of the market and how this could best serve their interests to achieve rapid disposals on either leasehold or freehold opportunities.”

Whenever writing retrospective commentaries, comments Tim Gilbertson of FHP, it sometimes becomes difficult to remember how successful schemes have been.

No problem at all with Ivanhoe Business Park at Ashby-de-la-Zouch though, as this had been a roaring success throughout 2015 and looks set for similar success in 2016.

With any number of office, production and warehouse design and build deals completed within the last twelve months, and with a further eight design and build deals currently under, offer Ivanhoe Business Park at Ashby has become one of Leicestershire’s premier office, industrial and warehouse locations and will continue to see new buildings spring up throughout the coming 12 months.

I have attached a retrospective of the year entitled ‘A Year in the Life of Ivanhoe Business Park’ which shows how successful 2015 was and with plenty of land left available for further office, industrial or warehouse development I would welcome the opportunity to speak to potentially interested parties in the hope of adding their names to next year’s retrospective for 2016!

My contact details for any interested party are 0115 9507577 / tim@fhp.co.uk.

FHP have been appointed as joint agents alongside Innes England on the marketing of Beeston Business Park.

This mixed use business park to the west of Nottingham, which has enterprise zone status which qualities for business rates relief, was purchase last year in a joint venture between Bridges Ventures & Chancery Gate in a multi-million pound deal.

Mark Tomlinson, Associate Director at FHP Property Consultant commented:

“The site caters for a huge range of commercial occupiers, we currently have a 12,000 sq ft detached light industrial/warehouse premises which is currently undergoing refurbishment along with a range of open storage compounds.  There is also planned development for a range of commercial units in the years ahead and we have some 20,000 sq ft of open plan headquarter offices which are due to be refurbished in the coming months”.

Scott Osborne, Associate Director of Innes England added:

“This is an excellent opportunity as the site can cater for a wide variety of potential occupiers.  It also boasts excellent transport links both into the city and across the UK, nearby the M1 motorway.”

Beeston Business Park comprises 412,000 sq ft of office and industrial accommodation across a range of buildings with approximately 20 acres cleared for development.

For further information please contact Mark Tomlinson, Associate Director on 07917 576 254 or email mark@fhp.co.uk.