For occupiers one of the key benefits of relocating to bespoke built production or storage accommodation is the chance to occupy a factory purpose designed and built, ideal for their businesses needs.

Over the last few years Castlewood Business Park has seen a number of companies drawn to the park due to its fantastic location which enables ease of access for staff but also provides terrific transport links, sitting adjacent to Junction 28 of the M1 at its intersection with the A38.

Looking back though it is always good to hear from occupiers on the site of their anticipated improved productivity following relocation becoming reality and yet again developers Clowes Developments and their agents Tim Gilbertson of FHP and Ranjit Gill of Savills are delighted to see how a new base is helping the most recent occupier, Parker Knoll, improve productivity already.

Tim Gilbertson takes up the story:

“Parker Knoll completed the lease of their new premises at the end of 2015 and effectively ‘moved in’ over the holiday period.  With production starting early in 2016 from a static start incredibly they are already significantly up on productivity within a matter of weeks at a time when most business would still be struggling to ensure production was at least happening!

This shows again the benefit of taking on purpose built accommodation, rather than adapting your business specific production needs and flows to ‘somebody elses’ property.

We wish Parker Knoll well in the future on the park and as their comment show below, Castlewood appears to be helping their business realise improved productivity which can only improve profitability in the long term too.”

Spokeswoman for Parker Knoll, Meisha-Grace Nicely commented:

“Though still very early days we are experiencing increased productivity and inventory levels are steadily coming down, having only been in the premises for a month this is great progress and we look forward to further growth and success. This very positive tone though tells its own story and is further proof of the attraction of Castlewood not only as a destination but with excellent transport links and ease of access for staff but also one where, due to the skill of the developers team, bespoke property solutions are produced helping to enhance and develop occupiers profitability.”

For further information on this deal or to see how Tim Gilbertson can help you with the disposal of your industrial or warehouse building please contact Tim on 0115 9507577 or tim@fhp.co.uk.

With the industrial and warehouse market strengthening since the turn of the year still further, and with the supply of existing storage and industrial stock in and around the M1 Motorway and in particular Junction 28 as thin on the ground as ever, FHP’s clients, PMW Property are to be commended for their intention to bring the return of speculative development to the region.  They anticipate starting on site in mid March 2016 with the speculative construction of a 30,000ft² warehouse/industrial unit on their site at Birchwood Way/West Way on the ever popular Cotes Park Industrial Estate at Somercotes, just off the A38 and Junction 28 of the Motorway.

Tim Gilbertson who has been appointed to market the property commented:

“It is great to hear that PMW intend to speculatively build on this site, and we anticipate completion of a prime warehouse/industrial unit in the final quarter of 2016.  This building should certainly fill a gap in the market and as ever knowing PMW it will be built to a fantastic specification and offer prime warehouse or production space on a large fenced and gated site.

Our client’s intention is to construct it to a shell at present, with office content possibly to be fitted to the end requirements of the eventual tenant or buyer.  The building will benefit from 8 metre eaves offering top quality clear span storage or production space with extensive level access loading.

I am sure given the scarcity of stock in the region that this opportunity will be very well received and with work starting on site in the near future I would be delighted to send through plans and further information to any potential tenants or buyers.

The return of speculative development to the region can only be a further boost to the local economy and if the demand we have encountered in terms of new enquiries since the turn of the year continues it is almost certain that this property will not hang around for long!”

For more information on this exciting opportunity or to discuss your requirement in more detail please contact Tim Gilbertson on 0115 9507577 or tim@fhp.co.uk.

FHP Property Consultants are pleased to announce the recent letting of 17.7 Amber Business Centre to SJH Joinery, on top of a successful year at the Estate.

In just the past 12 months, FHP completed 12 lettings at Amber Business Centre, reflecting both the strong demand in the market and its popular location, being easily accessible from Alfreton town centre, the A38 and A610 dual carriageways, and Junction 28 of the M1.

Unit 17.7 itself comprises a mid-terraced modern warehouse unit and extends to approximately 1,450ft², which is within the size bracket that has seen some of the highest demand in the past year.

Darran Severn from FHP Property Consultants comments:

“The continued demand for units of this size is pushing rents up and reducing rent free periods.  Due to the lack of opportunity, tenants are finding it increasingly difficult to source suitable premises — our one remaining unit at Amber Business Centre at 700ft² has also already gone under offer. If you’re looking for opportunities in and around Derbyshire, we encourage you to get in contact so we can help with your requirement.”

For further information about available commercial properties in Derbyshire, please contact Darran Severn at FHP Property Consultants on 01332 343 222 or email darran@fhp.co.uk.

Ends.  February 2016

In a market where stock continues to diminish and demand continues to rise, Tim Gilbertson of FHP is pleased to bring to the market a substantial warehouse/industrial unit set on a securely fenced and gated site at Somercotes in Alfreton.

Forming part of the ever popular Cotes Park Industrial Estate, the premises sit in a prime location within moments access of the A38 and Junction 28 of the M1 plus quick access to the centre of Derby.

The building comes available as a result of the forthcoming relocation of the current occupiers and this fully fitted space is expected to attract strong interest.

Offering two storey, high calibre offices interlinking with fitted storage or production space beyond, substantial costs savings will be achieved as a result for any occupier by not having to fit out this major building.

Tim Gilbertson commented:

“It is not often in the current market that such high calibre space becomes available and given the prime location and excellent specification which this building offers we hope for strong interest from the start of marketing.

Set on its own securely fenced and gated site, the building comprises good quality two storey offices to the front elevation interlinking with production or storage space beyond which is fitted throughout, with the building having on-site car parking and additional loading, with canopy in part.

A rare chance to purchase, if any parties have a requirement and would like to discuss and make arrangements to view then I would suggest an early inspection would be appropriate, as hopefully this building will generate lots of interest from the start of our campaign.

For further information or to make arrangements to view please contact Tim on 0115 9507577 or tim@fhp.co.uk.

Following the relocation of one of Amber Business Centre’s tenants to a new build facility, we are now able to offer a small number of units to let at the popular Industrial Estate.

Two units have already been taken within a very short period of being released, but we still have 2 units available: Unit 5 which extends to some 40,400ft² and Unit 24.1 which is 12,457ft².

The flagship estate sits in an excellent location in Riddings near Alfreton, with good access to the A38 and junction 28 M1 Motorway, offering a range of accommodation for both manufacturing and warehouse operators.

Both units are to be refurbished in preparation for new tenants and FHP Property Consultants are encouraging interested parties to view so terms can be agreed in advance, and so refurbishment works can be tailored to their requirements.

For further details or an appointment to view please contact Tim Richardson at FHP Property Consultants on 01332 224 857 or email timr@fhp.co.uk.

Ends.

February 2016

As a result of the imminent relocation of established Leicestershire Wholesaler Marks Electrical, Tim Gilbertson of FHP is pleased to confirm the sale of their final former unit on Bardon Industrial Estate just off Junction 22 of the M1.

The deal completed is the fourth sale completed by Tim Gilbertson on behalf of Marks Electrical to facilitate their expansion and relocation to Scudamore Road in Leicester.

Tim Gilbertson commented:

“When tasked with the disposal of these four units by my client I was optimistic, given the lack of supply and the strength of demand that we could achieve strong prices and quick sales and pleasingly that proved to be the case in all four of the disposals.

Particularly pleasing was the timescales which we achieved which were directly in line with our clients ‘best case scenario’ and have helped his move to larger premises progress smoothly which has aided the ongoing expansion of his business.

It is always great to see a client after any disposal and receive his thanks for a job well done as particularly when not only have his price expectations been achieved and surpassed but also timescales for disposal have been hit as well.”

The building has been sold to Gary Lu for the expansion of his business and he commented:

“Many thanks to Tim Gilbertson at FHP for helping this deal progress quickly.  He was fantastic to deal with throughout and I cannot recommend his services enough.” 

Tim Gilbertson continues:

“These four deals all exemplify the state of the warehouse and industrial market throughout the East Midlands, demand is strengthening almost on a daily basis and supply is poor.  I have a number of parties looking for premises to buy or rent throughout the East Midlands ranging from as little as 5,000ft² all the way up to 150,000ft² and would be delighted to hear from any owners/landlords to discuss how we might be able to assist.  It is terrific to be able to provide a positive prognosis of the local industrial and warehouse property market particularly after achieving client’s goals on the recent sale of four buildings.

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

One of the frustrations we hear from businesses searching the property market is that it extremely difficult to find a freehold workshop premises with a decent outside yard area.  The good news is that FHP Property Consultants have been instructed to market such an opportunity in Derby’s popular Sinfin industrial area.

The former transport depot includes vehicle workshop, offices and parking on a secure fenced site, easily accessible from the outer ring road.  Access will be further improved with the opening in Spring 2016 of the A50 link road which will lead from the Bonnie Prince Charlie roundabout to Wilmore Road and hence Victory Road, home to Rolls-Royces main aerospace campus.

The buildings extend to some 7,715ft² and sit on a large site area of 1.43 acres.  The guide price is £285,000.

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

Ends.

Following the continued demand which we are seeing in the industrial market, FHP Property Consultants have now achieved full occupancy at Acorn Business Park following the letting to PGK Distribution Limited of the final units on the site.  The property had recently been refurbished to cater for modern requirements and a letting was agreed within a fortnight of the refurbishment being completed.

Mark Tomlinson of FHP Property Consultant commented:

“This letting marks just one in a string of recent lettings on this industrial estate, increasing further the lack of supply of good quality industrial units available to the local SME Market”.

Some two years ago, we marketed a similar property on this estate and it took some nine months to find a tenant.  This property took just two weeks following the refurbishment of the premises.

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

Having let Unit 7 at Nunn Brook Rise, Huthwaite, to Nutrkap Limited who specialize in nutritional food supplements FHP Property Consultants are pleased to announce full occupancy for this site.

The 1,006 sq ft property is well located, being within a minutes access of the A38 which links Sutton in Ashfield, Kirkby in Ashfield and Mansfield to the East and Junction 28 of the M1 Motorway to the west.

Nunn Brook Rise Industrial Estate now follows in the footsteps on many other industrial estates in Derbyshire and Nottinghamshire which have reached full capacity, such as Securiparc, Morris Court, City Business Park and the Ropewalk Industrial Estate.

Darran Severn from FHP Property Consultants commented:

“I am pleased to see this letting is now complete.  There is currently an unprecedented demand for units of this size and rents are on the up”.

If you are currently looking for a premises within Derbyshire, or simply wish to discuss your options please do not hesitate to get in touch.

For further information or for any advice about your property requirement please contact Darran Severn on 01332 224 854 or email darran@fhp.co.uk.

On behalf of retaining clients, FHP secured an offer from local business, Sprite Labels, for Unit 2 Hall View Drive in the Glaisdale Industrial Estate, after only the second viewing following market launch.

It’s another success story for a local business; the letting marks an expansion for the label production company, in addition to their existing warehousing already at Glaisdale. Warehouses within this size bracket don’t often become available in the locality, and being of such high quality following the recent full refurbishment, this warehouse was snapped up quickly meaning Sprite Labels could expand whilst remaining in the same location.

The shortage of stock in the area and fast letting time illustrates the popularity of the estate, and it owes a lot to its location, situated in close proximity to Nottingham and with excellent links being in between Junction 25 and 26 of the M1 Motorway.

In addition, the prominent 5,698ft² warehouse benefits from a large loading yard and incorporates two storey offices which also underwent a full refurbishment. The new tenants moved in as soon as all works were complete

Tony Katsouris, Managing Director at Sprite Labels comments:

“I am really pleased with the level of service delivered by Lucinda and her team at FHP. She notified us of the opportunity and kept the communication channels open, which meant that the whole process was easy and stress free. This has been very opportune for Sprite as our expansion into this additional unit times perfectly with a large expansion in our sales and will help us accommodate the new machinery which is arriving this month.”

Lucinda Hancock of FHP comments:

“This unit has excellent links and neighbours other leading commercial occupiers so it will hopefully provide Sprite Labels with a strong base to carry out their successful expansion from.”

A lease was agreed at £30,000 per annum for 10 years with a 5 year break.

For more information, please contact Lucinda Hancock on lucinda@fhp.co.uk or 0115 841 4794

I am really pleased with the level of service delivered by the team at FHP.  We were notified of the opportunity and kept the communication channels open, which meant that the whole process was easy and stress free.

Agents across the country often bemoan the time that deals take to complete but when the ideal scenario of good solicitors can be put together with a landlord and tenant who both want to see a deal complete with all haste, then agents can buck the trend and see deals completed within a matter of days.

Pleasingly, at the end of 2015 this perfect scenario arose at Observatory Way at Kirkby-in-Ashfield, a substantial warehouse of just under 40,000ft² in a prime position off Junction 28 of the M1 at its intersection of the A38.

Tim Gilbertson was able to agree and oversee the conclusion of a deal within just 3 weeks of solicitors being instructed to enable the landlord and tenant to achieve their shared aim of completion of the lease prior to Christmas and occupation for the new tenant in double quick time.

Tim Gilbertson who put the deal together commented:

“This deal was a cracking end to 2015 as it just showed how with positive solicitors on board and a landlord and tenant who both want to see a deal conclude quickly that ‘mountains can be moved’ and leases can be completed within a matter of days.  From instruction of solicitors through to completion of the lease and handing over the keys this deal took less than 3 weeks which for a substantial transaction, on a building of just under 40,000ft², is quite remarkable and really bucked the overall market trend where deals seem to progress slower than most parties wish.

The deal concluded sees expanding Derbyshire logistics company, 100 + Logistics take a 5 year lease of the warehouse and we wish them well with their continued success and expansion.  From my client’s perspective this has been an ideal end to the year as we have managed to agree and conclude a deal very quickly seeing his portfolio full once more.

This deal also proves testimony to the improved market that we are currently encountering and with supply of good quality space still thin sensible occupiers will be looking to move quickly on any potentially suitable properties in the New Year, as demand seems likely to strengthen and there is no sign of resolution in the immediate future to the current lack of supply the market is encountering.”

The landlord was represented in the legal transaction by Rob Wofinden of Browne Jacobson solicitors and Nigel Green of Bradley and Jefferies Commercial Solicitors acted on behalf of the ingoing tenant, both solicitors acting extremely quickly to ensure a speedy and successful conclusion to this deal.

For further information on this deal or to see how Tim Gilbertson can help you with the disposal of your industrial or warehouse building please contact Tim on 0115 9507577 or tim@fhp.co.uk.

Such is the popularity of the Amber Business Centre that FHP Property Consultants have completed the letting of another warehouse unit within just 10 days of the first viewing.

Unit 15.1 totalling 113 sq m (1,212 sq ft) has been let to Bonkers furniture, a local company who specialise in luxury furniture at discount prices. Despite usually seeing slowed activity in the run up to Christmas, once hearing of this vacant unit in the much sought after location, Bonkers moved quickly from their base in Somercotes.

The Estate offers a range of light industrial/warehouse units which are proving very popular with local industrial occupiers because of their close proximity to the A38 and Junction 28 of the M1.

Darran Severn of FHP Property Consultants commented:

“It is great to complete another letting at Amber Business Centre, especially at such speed and we were able to complete the lease within 10 days of the first viewing.  There are still a couple of units remaining from 700 to 1,450 sq ft but I don’t expect these to be available for long.”

For further information please contact Darran Severn on 01332 343222 or darran@fhp.co.uk.

ENDS

15/12/2015

Press officer: sarah.barltrop@fhp.co.uk

It is always interesting at the end of the year to look back on the highs and lows of selling and letting industrial and warehouse space in the East Midlands and see how, on a personal level, the market has performed compared to previous years.

After a record 2014 in which Tim Gilbertson let or sold space of 1,000,000ft² in the industrial and warehouse market throughout Nottinghamshire, Derbyshire and Leicestershire, 2015 was always likely to be a challenging 12 months trying to match those record levels.

Pleasingly however the year has seen continued take up, hampered potentially by the lack of stock and opportunities, but with over 900,000ft² sold or let already and still with a  couple of deals possibly to happen before the end of the year deals concluded by Tim seem likely to mirror that of the previous 12 months.

Tim Gilbertson commented:

“After disposing of 1,000,000ft² of industrial or warehouse space in 2014, the challenge was set in a market with limited available space to try to match or surpass this level.  After a slow start to the year, momentum has certainly picked up during quarters two and three resulting in a number of deals coming to fruition in the last 2 months of the year.  Demand certainly strengthened albeit with some deals frustrated due to the lack of supply rather than lack of demand, but conversely this has had a positive effect on the overall amount of space disposed of during the year as companies have looked again, particularly at the ‘high end’ of the market, to procure new space via design and build solutions.  Indeed, I have exchanged contracts on more design and build deals this year than in any of the previous 20 years I have worked in this sector.

This in itself is a very positive sign for the market as companies are taking steps to relocate by purchasing or taking long term leases on ‘top of the range’ space and this phenomenon is clear throughout my three main counties of work, Nottinghamshire, Derbyshire and Leicestershire.

Existing space continues to move and demand has been such that I have been able to secure lettings or sales from as little as 5,000ft² upwards and these remain just as gratifying as the biggest deal I have completed this year, a design and build letting at Junction 28 of the M1 to Alloga (UK) Limited of just over 220,000ft².

What does 2016 hold?  As ever the honest answer is who knows!   However, the prognosis remains very positive albeit any party looking to purchase or rent a new factory or warehouse in 2016 may well be frustrated by the lack of space and opportunities, which again may see more and more design and build development deals agreed.

I would like to hope that more existing space comes to the market in early 2015 to meet the strong demand we are encountering for both freehold or leasehold manufacturing or distribution space as there are always elements of the market who cannot commit to design and build opportunities and it is finding the properties for those parties to rent or buy during 2016 which will probably be the most difficult conundrum to overcome.  Positivity reigns from most manufacturing and distribution sectors, our challenge therefore is to unearth and market opportunities so that this positive feel throughout the East Midlands can be maintained throughout 2016 and beyond.

I very much hope that any parties looking to sell or let their space in 2016 will give me a call as I can provide glowing commentary of a market in favour of property owners looking to sell or lease their buildings, with demand increasing and competition very thin on the ground.”

For further information or to have a quick chat with Tim Gilbertson initially or arrange to meet and discuss the state of the market, Tim can be contacted on 0115 9507577.

Acting on behalf of Chancery Gate alongside joint agents, Innes England, FHP Property Consultants are delighted to announce that a refurbishment is under way on Beeston Business Centre in order to create a series of starter units for storage and production to service local demand.

Units within the business centre can cater for office occupiers with 1 or 2 staff members with office and storage or light industrial/warehousing requirements up to circa 5,000 sq ft.

The refurbishment is anticipated to be completed early in the New Year.

For further information on the opportunities available at Beeston Business Park, please contact Mark Tomlinson or Lucinda Hancock at FHP Property Consultants on 0115 950 7577.

FHP Property Consultants are delighted to announce that the final units have now been transacted at Freeth Street following strong competitive bidding.  The units offer a range of light industrial/warehouse units which have recently been reconfigured and refurbished to cater for the local industrial occupiers.

Units B & C totalling some 11,000 sq ft have been purchased by Midland Conferencing Services who will be expanding their operations in the area following positive business growth.

Mark Tomlinson of FHP Property Consultants commented:

“There remains strong demand in the industrial sector of the market especially for freehold units of which there are very few to choose from.  We continue to receive enquiries for freehold industrial premises but at present, the supply cannot cater for the amount of businesses looking to expand.  This is having a positive impact with freehold values being achieved but unfortunately we are still not at a level which will stimulate speculative development in many areas.  Should we continue to see growth improving values in 2016, then speculative development could be on the horizon”.

For further information on this deal, please contact Mark Tomlinson at FHP Property Consultants on 0115 841 1134 or mark@fhp.co.uk.

FHP Property Consultants are delighted to announce the recent availability of a series of storage plots available at Beeston Business Park, close to the train station in the centre of Beeston.

The site offers a series of surface plots which is made secure by 24 hour on site security.  Plots are available from 0.5 acres up to circa 2.5 acres with a total of 11.16 acres on offer.

For more information please contact Lucinda Hancock or Mark Tomlinson at FHP Property Consultants on 0115 950 7577.

Following a widespread marketing campaign, FHP Property Consultants have now concluded the letting of a modern warehouse unit situated off the A52 on the east side of Derby.

4 Stoney Cross Industrial Estate extends to some 8,220 sq ft including 2 storey offices within a gated courtyard.  Following an extensive marketing campaign by FHP, terms were agreed and the deal concluded to a construction firm who have taken a long term lease to fulfil their expansion plan.  The property will mainly be used for storage.

Tim Richardson from FHP comments:

“One of the great advantages of this unit is the proximity to the A52 dual carriageway which links Derby City Centre to the M1 Motorway at Junction 25.  There is a shortage of industrial properties within the City of this nature but we have recently brought to the market 2,400ft² of modern space on West Meadows which we expect will attract early interest”

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

Ends.

11/12/15

A few weeks ago we reported the first sale on behalf of our clients, Marks Electrical, of one of their former units at Forest Business Park, Bardon Hill, just off Junction 22 of the M1 Motorway and with a further unit now sold we now have just three units left.

The latest deal sees another prime building in a superb location just off the Motorway at Junction 22 of the M1 sold to expanding local company Cooks Export Services and frees up further capital for our clients to invest in their new state of the art accommodation where their business continues to expand and flourish.

Tim Gilbertson who acted on behalf of Marks Electrical commented:

“Once more another prime unit at Bardon has been sold.  The fantastic location of these units and excellent specification really means that any expanding company can find no better home in the East Midlands and with three units still left ranging from 6,700ft² to 18,500ft² any potential buyers need to be quick to take advantage of the rare availability of this space we have on offer.”

Tim Gilbertson acted on behalf of Marks Electrical and Managing Director Mark Smithson commented:

“I am delighted that Tim has now sold the second of our four units at Walker Road, Bardon and have no doubt that he will quickly achieve similar sales of the remaining space.

Our relocation and expansion is being hugely assisted by the quick disposal of these buildings but given the fantastic location they occupy and excellent specification it is no surprise that they are being sold so swiftly.

Bardon has been a great home for us over the years and no doubt any party looking at relocation could also benefit from the terrific location and specification that the site has to offer.”

For further information on the remaining units please contact Tim Gilbertson on 0115 9507577.

FHP are marketing a rare chance to purchase a freehold warehouse with office building and stores in a popular commercial location located prominently at 8 Coventry Road, Bulwell.

The clear span production warehouse is situated within a self-contained gated site, just two miles from J26 of the M1 Motorway and approximately four miles from Nottingham City Centre.

In addition to parking on site, the 1,727ft² clear span warehouse benefits from garages, stores and two storey offices, totalling a 6,377ft² gross internal area.

Lucinda Hancock who has been instructed to market the premises comments:-

“This self-contained site offers a prime freehold opportunity for businesses looking to relocate or expand into the area and we expect that it will generate a large amount of interest.”

Offers are invited in the region of £325,000.

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

ENDS

02/12/15

The industrial and distribution market around Junction 28 of the M1 Motorway is always regarded as strong and with the latest deal that Tim Gilbertson has completed this location seems to be pushing on once more.

With supply poor and demand improving for both leasehold and freehold space the deal completed here at Export Drive by Tim Gilbertson sees just under 30,000ft² let to established and successful manufacturer Whitemeadow, to enable them to expand again in a location which ensures their key skilled labour is retained.

Tim Gilbertson commented:  “Having previously let one of Whitemeadow’s current premises to them a few years ago I was delighted when I had the opportunity to agree terms with them for this building of just under 30,000ft² to enable them to expand again.  A pleasure to deal with throughout, they have secured a prime location close to their main base within an excellent position just off the A38 at Junction 28 of the M1 in a location where supply continues to diminish and demand continues to improve.

This is certainly the trend for the Junction 28 industrial and distribution market but pleasingly I have other similar space available around Junction 28 but would urge any potential tenants to contact me quickly as space around this junction is certainly moving swiftly.  I wish Whitemeadow Furniture great success for their continued business development and expansion.”

Tim Gilbertson concluded:  “Whilst we have the ability to house substantial requirements at Castlewood, the East Midlands premier manufacturing and distribution location which sits at Junction 28, by offering bespoke property for many companies time is of the essence and companies cannot wait for new space to be built.  Pleasingly though as mentioned before I have similar buildings of 35,000ft² and above immediately available around the market at Junction 28 but as this letting proves the market is moving swiftly and any expanding companies should look to take space before the supply diminishes still further!”

For further information on how Tim Gilbertson can help you with your industrial or warehouse disposal or acquisition he can be contacted on 0115 9507577.

Already one of Castlewood’s major occupiers, Clowes Developments are delighted to announce that contracts have been exchanged with Alloga UK  Limited – a member of Walgreens Boots Alliance for the construction of a further distribution facility for them on site of 220,000ft².  Work is anticipated to start in the next few weeks with practical completion due in Q4 2016.

Wholly owned and developed by Clowes Developments, Castlewood is one of the East Midlands distribution success stories.  Totalling over 120 acres, the site already has over 1,000,000ft² constructed, including the existing facility for Alloga of 220,000ft² augmented by other household names such as the Co-op and Bombardier amongst others.

The latest deal will see on a plot adjoining Alloga’s current base a further distribution facility of 220,000ft² constructed as Alloga’s business progresses from strength to strength.

Development Director of Clowes Developments, James Richards, commented:

“I am delighted to be able to announce this latest success at Castlewood and it gives me particular pleasure to see Alloga UK taking further space, confirming our shared thoughts that Castlewood is the prime distribution destination throughout the East Midlands benefitting from immediate access to Junction 28 of the M1 and the A38.  Having only completed their original 220,000ft² unit a couple of years ago, to see their growth and expansion is thrilling and satisfying as we now embark upon the latest phase of their expansion and construct a new 220,000ft² facility.

Castlewood has been a hive of activity in recent time with a new unit of 100,000ft² for Parker Knoll due for practical completion in the next few weeks and work starting on site for a 30,000ft² unit for a local transport company.

We then have further deals in solicitor’s hands and look forward to announcing additional occupiers to the site in the coming weeks and months.

Still however, with 50 acres of land left for industrial, distribution or office use we would welcome engaging with any other local, regional or national companies seeking to relocate to the East Midlands prime distribution and manufacturing location.”

Chris Williams of Alloga UK commented:

“We are delighted to have concluded the design, planning and legal phases of this exciting project and look forward to working with the team at Clowes Developments on the building phase.  The great facilities and prominent location of the Castlewood Business Park were important factors in our property development strategy and once complete this development will further enhance our ability to provide innovative solutions and services for our customers.”  

Agents for the scheme are Tim Gilbertson of FHP and Ranjit Gill of Savills and for any parties wishing to discuss Castlewood and how they can provide their company with an ideal base for growth and expansion the agents would be delighted to meet and consider at any time.

Heather Dixon of Geldards has advised Clowes Developments throughout this and all transactions on Castlewood Business Park.

FHP Property Consultants are delighted to bring to the market three industrial/warehouse units with great connectivity on the ever popular Amber Business Centre located in Riddings, Derbyshire.

The estate is easily accessible from Alfreton town centre, the A38 and A610 dual carriageways, and Junction 26, 27 and 28 of the M1, which has been a strong factor in the recent demand for units within this location.

The available units vary in size from 65m² (700ft²) to 135m² (1,450ft²) and are available on new leases on terms to be agreed.

Darran Severn at FHP Property Consultants comments:

“I am pleased to bring these units to market and look forward to handling all enquiries.  Given the recent demand in the area I expect these units won’t be available for long”.

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

For many years industrial and warehouse units of all shapes and sizes south of Nottingham have been a sought after commodity, with so few industrial estates in existence south of the City and with many company owners living in this region.  Additionally, the hugely improved transport links in recent times as a result of the recent dualling of the A46, providing a quick north south link, have made the location even more attractive.

At a time therefore when demand for commercial property overall continues to rise and the supply of space is at an all time low, when asked to market substantial warehouse premises on Moorbridge Road Industrial Estate at Bingham, an ideal location for so many business owners and their employees, this seemed a great opportunity to secure a quick sale to test the theory of overall improved demand in the industrial and distribution market, particularly in sought after locations such as Bingham.

The hypothesis of strong demand for an opportunity such as this has pleasingly been proved rapidly in a deal completed by Tim Gilbertson which has seen an 18,000ft² warehouse in Bingham sold off market to enable the expansion and relocation of TLA Electrical Distribution, a company that have had a requirement in this location for many years.

Tim Gilbertson commented:

“I was delighted to have the opportunity to put this property to the market and test the long held theory that South Nottingham property on this scale would sell quickly and indeed off market.  Pleasingly the results of this sale of a good quality warehouse of 18,000ft² have proved my theory correct as simply through market knowledge, having spoken with the eventual purchaser regarding their property requirements for any number of years, this enabled me to make contact with them direct as soon as our instructions to progress were confirmed by our client and a sale was agreed within a matter of hours.

Whilst many surveyors view agency as putting up a board and waiting for enquiries to come, I always try and take the opposite approach by speaking with any party in the market to understand fully their requirement, such that as and when new property instructions are received I can hopefully quickly marry potential buyers with their dream destination.

This was certainly the case this time around and I was delighted to see the sale to TLA Distribution conclude, particularly as they have been a pleasure to deal with throughout.

I wish Dean Curtis of TLA and his team well for the future in this excellent building.

To suppress disappointment to any parties missing out on this opportunity though, fear not as I have another opportunity on the estate which again provides a rare chance to buy.

Slightly smaller at 1,302m² (14,017ft²) this again is a good quality building forming part of the Moorbridge Road Industrial Estate in Bingham and now openly on the market I would be delighted to show any interested parties around the party.”

For any party seeking to buy or rent industrial or distribution space, or indeed those owners looking to sell or let commercial, industrial or warehousing  units, then Tim Gilbertson can be contacted on 0115 9507577.

FHP Property Consultants acting on behalf of private clients are pleased to announce the letting of the final available two units at The Ropewalk Industrial Estate in Ilkeston.

Thomas Szymkiw of FHP commented:

“The popularity of the estate continues to grow and I was delighted to be able to let both units so quickly, one of which in only a matter of days after becoming available.

This also means that once again, the estate is fully let enhancing this already thriving small business community in Ilkeston.  When we inherited the estate it was only partially let, so it is testament to FHP’s hard work that we continue to achieve full occupancy.”

For further information in respect of the letting please contact Thomas Szymkiw of FHP Property Consultants on 0115 841 1159 or thomas@fhp.co.uk.

FHP Property Consultants are pleased to bring to the market Unit 1, Church View Industrial Estate, conveniently located in the established industrial location of Basford.

The property comprises an industrial warehouse unit providing open plan accommodation ideal for manufacturing and storage purposes and there is also the benefit of two storey office accommodation.

The property is situated on a secure shard yard with its own area to the side elevation.

The unit is immediately available on a leasehold basis.

For further information or to arrange a viewing, please contact Thomas Szymkiw of FHP Property Consultants on 0115 8411159 or thomas@fhp.co.uk.

FHP Property Consultants have secured full occupancy at the Brooklyn Business Centre, having completed the letting of the last remaining premises, Unit 3, on Peasehill Road, Ripley, to MB Landscaping Services.

This modern starter unit extends to approximately 2,501ft² and provides the perfect environment for small to medium businesses, with great connectivity to the surrounding Derbyshire area.

MB Landscaping and Paving are specialists in all aspects of landscaping and paving across the Midlands.

Mark Brown, company owner, commented:

“As part of the continuing growth of MB Landscaping and Paving we were fortunate to find our new premises on the FHP website. Darran’s assistance and guidance was excellent from the first phone call to the completion and hand over of the keys”

Darran Severn at FHP Property Consultants concluded the letting:

“I am delighted to have been able to help MB Landscaping and assist with their move.  This estate is now at full occupancy and this is typical of the current market, which is seeing warehouse and industrial space come under increased demand, meaning premises are being taken up at an impressive rate. I would be delighted to hear from any other tenants or landlords that require advice on their next property move.”

For further information on further available units, please contact Darran Severn of FHP Property Consultants on 01332 343 222 or darran@fhp.co.uk

ENDS

12/11/2015

As a result of the forthcoming relocation and expansion of Marks Electrical, Tim Gilbertson of FHP is pleased to confirm the sale of Unit 5, Walker Road at Bardon.

In Leicestershire’s prime distribution and industrial location, just off Junction 22 of the M1 Motorway, Unit 5, Walker Road, Bardon has been sold to a local company for their own expansion.

This deal shows the strength of the Bardon market as the building sold offers a rare chance to buy a modern unit just off the M1 in the East Midlands.

Fear not though, we still have other units available on the estate again as a result of the expansion and relocation of our client with options ranging from 6,500ft² through to 18,500ft².

The owner of Mark’s Electrical, Mark Smithson commented:

“I am delighted that Tim has managed to secure this first sale, he has three other units of ours now to sell and by exchanging contracts on this deal so swiftly has helped us hugely.

Bardon has been a fantastic base for us, it offers terrific access to the M1 and easy approaches for local staff and if any company is interested in any of our remaining space then they will never make a better decision than to relocate to Bardon.”

For further information on the remaining units please contact Tim Gilbertson at FHP on 0115 9507577.

FHP have recently acquired new premises on behalf of Structural Metal Decks Limited on Nunn Brook Rise in the Huthwaite area helping them expand their operations within the region.  Mark Tomlinson of FHP Property Consultants commented:-

“Structural Metal Decks were in the market for freehold industrial premises in the North Nottingham area and were becoming increasingly frustrated with the lack of availability or suitable supply in the market.  We therefore offered our acquisition services to help them with their plans going forwards and secured this property on their behalf.  This shows increasing importance of providing acquisition assistance to our clients amidst increasing difficulty in securing freehold commercial premises given the lack of freehold supply in the market and the lack of new development of industrial premises generally.

For further information on this acquisition or to discuss your property needs please contact Mark Tomlinson on 0115 950 7577 or mak@fhp.co.uk

At a time when the supply of smaller industrial or warehouse space in the East Midlands to purchase is probably at its lowest levels for a generation, FHP are pleased to make available a well maintained cost effectively building in Ilkeston, which sits within moments access of the A610 and therefore close to J26 of the M1 Motorway.

The unit sits on Digby Street in Ilkeston, one of the town’s traditional manufacturing locations and offers well maintained, mid range stock of just over 5,000ft².

The building is immediately available to purchase with vacant possession and good levels of interest are expected for this well priced opportunity.

For further details or to arrange a viewing please contact Tom Szymkiw or Tim Gilbertson on 0115 9507577.