With the market undoubtedly picking up strongly and demand increasing for both freehold and leasehold industrial and warehouse space, the latest sale secured by Tim Gilbertson of FHP at Keys Road in Alfreton further demonstrates the improvement in the commercial property market.

Following vacation of the building by the former tenant, FHP were tasked by long term clients to sell the vacant property which comprised a substantial building of just under 40,000ft² on a large site of over 3 acres. 

Whist the building sat in a superb location just off the A38 its very dated layout and appearance coupled with the benefit of a large site but hindered by various plateaus which the building and yard sat upon, this was always going to be a challenging instruction. 

However, through judicious marketing extensive interest was generated and terms were agreed quickly with local occupier Storm DFX for their continued expansion.

The deal secured by Tim Gilbertson, Director of FHP, delighted both client and purchaser alike and we take this opportunity to wish Storm DFX further success in their new premises with their ongoing expansion.

Tim Gilbertson commented:

“it was a pleasure acting on behalf of our long standing clients with this disposal especially as the building provided a challenge given its age and the different levels which the building and its yards sat upon.

When appraising the building it was clear that it had any number of significant benefits such as a fantastic location with terrific access to the M1 and A38 and also the large site area.  However, the age and limited loading of the building together with the levels of the site posed problems and careful thought had to be given to both pricing and marketing. 

However, after only a matter of weeks through appropriate targeted mailing and publicity I was delighted to agree terms with the eventual purchaser and equally delighted now to see the deal complete. 

Storm DFX are a local success story and having seen them develop over the years I wish them well with their further expansion and development that this site will now create for them”. 

Tim Wilson, owner and Manager Director of Storm DFX commented: 

“This is the second time we have acquired an additional factory through FHP in the last 2 years and have found them and Tim Gilbertson in particular a thoroughly professional and helpful organisation to deal with.” 

For further information on the deal or to see how FHP can assist with your sale or rental of premises then please contact Tim Gilbertson on 0115 9507577. 

Tim Richardson at FHP is delighted to be bringing to the market an excellent opportunity to purchase freehold production/warehousing premises sitting on a very large site and having excellent road communications.  

The building totals some 66,587ft² in two bays plus offices and sits on a huge 6 acre site having an extensive secure yard to the rear and separate staff/customer parking to the front.  The property would ideally suit an owner occupier who could adapt it to their own use or alternatively it may be of interest to investors looking to add value by adding further accommodation. 

Birchwood Way lies in close proximity to the A38 dual carriageway which links to Junction 28 of the M1, approximately 2 miles distance. 

If you would like to arrange a viewing please contact Tim Richardson or Tim Gilbertson on 0115 9507577.

FHP Property Consultants are delighted to announce the letting of Unit 7 Harrimans Court to Hidepark Leather Company Limited, a local clothing company expanding their operations within the city.

Harrimans Court comprises terraces of modern industrial units just off the ring road to the west of Nottingham City Centre. 

The property has recently been purchased by Kildrummy (Nottingham) Limited an investment company specialising in industrial assets and this is the first occupier who we are welcoming to the scheme following their purchase.

Mark Tomlinson of FHP Property Consultants commented:-

“We are seeing signs of improvement in the small to mid-range industrial market with the better quality options in the market now being in relatively short supply following a dearth of new developments and a steady take up of space.”

We now have only two units left at Harrimans Court both of 5,000ft² and we are confident that we will secure new tenants for these units in the not too distant future.

We are certainly seeing confidence improving in the market and it will not be long before the incentives that were on offer some 12 – 18 months are no longer available to ingoing tenants as we are certainly seeing a hardening in terms being offered by landlords.

END

Tim Gilbertson of FHP is delighted to bring to the market premises formally occupied by ROL on Private Road No.2, Colwick, Nottingham.

The property offers extensive manufacturing/storage facilities with space available totalling over 82,000ft², currently vacant and available shortly.

To be refurbished by the current owners, the building will be available to purchase or rent on a new lease with full marketing to commence shortly.

Preliminary details are available and all initial enquiries should be directed to Tim Gilbertson at FHP on 01159 507 577.

END

Acting on behalf of current owner occupiers Sea Otter Boats who are looking to expand and relocate, the Derby office of FHP have been instructed to market their prime premises in Staveley, set within minutes of Junction 29A of the M1 Motorway. 

Offering modern production or potential warehousing space on a securely fenced and gated site with self contained yard and parking, the building is expected to fill a gap in the local market and will be well received as it offers a rare chance to purchase high calibre premises that are only 7 years old in a prime location in the region.

For further information on the building or to make arrangements to view please contact either Georgia Crapper, Tim Richardson or Tim Gilbertson in our Derby office on 01332 3434222. 

Acting on behalf of Legal & General, FHP have been appointed jointly with Harris Lamb to market this superb building which sits on the Cotes Park Industrial Estate at Alfreton, just off Junction 28 of the M1 and the A38.

With full details to be provided shortly, the building is immediately available to rent or purchase and extends to just over 148,000ft² on a large self contained site. 

With the benefit of loading to the front and rear elevations and two storey offices the building will be presented in immaculate order and benefits from sitting on a securely fenced and gated site. 

Early interest is sought, full details are available from Tim Gilbertson at FHP.  

Coming to the market soon in Sandiacre will be a rare opportunity to purchase or rent extensive warehouse or production space with possible trade counter use in a prominent position close to the centre of Sandiacre.

Sitting within minutes access of the A52/Junction 25 of the M1 Motorway, this is a rare chance to purchase or rent extensive accommodation on a large site which is to be thoroughly refurbished. 

Once the refurbishment has been completed, the building will extend to just over 16,000ft² and offer high calibre production or storage space together with two storey offices all set on a large site within minutes access of the M1 at Junction 25 and the regional centres of Nottingham and Derby. 

Early interest is sought and if you would like to arrange to view please contact either Tim Gilbertson or Mark Tomlinson. 

Tim Gilbertson of FHP has been jointly instructed with Matthew Liggins of Musson Liggins to market an extensive 16 acre site on the edge of the Quarry Hill Industrial Estate at Ilkeston. 

Well located with terrific access to the centre of Ilkeston but more pertinently Junctions 25 and 26 of the M1 Motorway and the A52, the site is cleared and ready for occupation.

Fully fenced and gated, with accesses to the north to Quarry Hill Industrial Estate and to the south to Lows Lane at the former Stanton Ironworks, short term storage requirements can be fulfilled on the site with various plot sizes available. 

In the long term though the owners are looking to develop out industrial/warehouse space for owner occupiers to purchase or rent and anticipate being able to accommodate requirements from 10,000ft² up to 100,000ft² or more. 

Whilst the design and build scheme is evolving, the storage land is immediately available on flexible terms.  

To be marketed by the Nottingham and Derby offices of FHP, we are pleased to offer a fantastic building on Langham Park at Trent Lane, Castle Donington to the market. 

Offered immediately for occupation on a new lease this unit which is approximately 7 years old offers superb storage or production space and forms part of a small courtyard of units on a large securely fenced and gated site.

Ideal for any locally based expanding manufacturer for distribution operator, the building is ready for occupation and full marketing will commence shortly. 

With refurbishment works starting in the next few weeks on this prime building which sits just off the M1 at Junction 27, FHP have been appointed to dispose of a high calibre unit of just over 15,000ft² for warehouse or industrial purposes.

To be presented in immaculate ‘as built’ condition, a new lease will be offered on this prime building which sits just off the M1 at Junction 27.

With refurbishment works anticipated for completion in late Summer early interest is sought. 

Acting on behalf of Wilson Bowden Developments, Tim Gilbertson BSc (Hons) MRICS, Director of FHP is pleased to announce that a further unit has been let on the park.  Unit C, Blenheim Court, one of the last of the small units available on the scheme has been let to neighbouring occupier ASL Powder Coating UK for their expansion.

ASL Powder Coating UK were one of the original occupiers on the site and through their continued success and expansion the need for more space arose and pleasingly we were able to agree terms on an adjoining building.

The 12 unit Blenheim Court scheme therefore is currently at 100% occupancy which also means that there are only two units immediately available on the site, Unit 4A and Unit 4H.

Tim Gilbertson commented:

“I was delighted to see this deal over the line as it leaves us merely with two units available on this scheme at present.

With the benefit of being set literally adjoining Junction 26 of the Motorway and within quick access of the centre of Nottingham, we now merely have a unit of 9,000ft² and one of 23,000ft² immediately available, both of which can be purchased or rented.

However, with the market certainly improving substantially, almost on a daily basis, we are now seeing increased demand for design and build deals on the site and with our clients still having 17 acres available for development we strongly suspect that one of the next deals on Blenheim Park will be a design and build warehouse or industrial unit.

The continued shortage of good quality stock in well positioned locations is a real hindrance to the improving property market and therefore for our clients to have the ability to offer bespoke built to suit solutions on this site is a real benefit.

We very much hope therefore in the near future that we will be confirming design and build deals on the site where occupiers take advantage of the ability to have a unit purpose built in what remains one of the prime locations around the City.” 

For further information on this deal or to enquire about either of the existing available buildings or a built to suit option which can be rented or purchased on the site then please contact Tim Gilbertson on 0115 9507577.  

Tim Gilbertson of FHP has been appointed to market a rare visitor to the commercial property scene, a superbly located warehouse/production unit of just over 11,000ft² set within minutes access of Junction 29A of the M1.

Offering detached production/storage space on a securely fenced and gated site, this is a rare chance to buy high calibre space constructed in 2007. 

Opportunities on this popular estate come up very infrequently and given its proximity to the M1 we hope to see it sold with equal speed!

The need for perfect presentation is a comment often made by agents when putting any form of property onto the market, be it industrial, warehouse, office or retail space.  Proof in point came from a recent deal completed by Tim Gilbertson of FHP at Glaisdale Point on Glaisdale Drive Industrial Estate in Nottingham as by presenting the building in superb condition the new occupiers, Eight Days a Week Print Solutions Limited were secured, fighting off competition from less well presented buildings in the process.

The deal sees this high calibre building of 10,000ft² let on a new 10 year lease, a great deal for the landlords and also a great deal for the tenants as it enables them to continue with their rapid business growth and expansion.

Tim Gilbertson of FHP who dealt with the letting commented:

“Often when landlords have empty buildings, no rental income and the prospect of paying empty rates they can baulk at the prospect of spending more money to refurbish and present in the best possible condition.

My advice though is always that prefect presentation is essential in a poor market, but equally important in an improving market which we currently find ourselves in, to provide the best possible chance of a quick re-letting and a long term deal being secured.

The letting of Glaisdale Point proves this theory as by presenting the building in superb condition, literally in the same order as when first built has proved key to securing our new occupier when they were considering other less well presented premises too. 

Tenants do not expect to have to undertake improvement works on a premises, quite rightly so, and it is particularly gratifying that when recommending to a client a full refurbishment programme that that programme then effectively secures a letting and the resumption of income on an investment.

The letting all round is good news that sees a further high calibre unit let and off the market, further strengthening the improved local commercial property scene but more importantly sees a locally based company expanding and relocating as they react positively to the improving economic conditions in the wider market.

We wish them well in their new home. 

Pleasingly though this is not end of the good news on Glaisdale Point as for the same client we have a further unit available, Unit 2 which is slightly larger at just under 16,000ft² which again has been presented in immaculate order and is ready for occupation now.  I would welcome any enquiries from parties who want to locate to one of the best estates and certainly one of the best presented units in the region.”

For further information on the deal for the availability of Unit 2, Glaisdale Point please contact Tim Gilbertson at FHP on 0115 9507577.

Tim Gilbertson of FHP and Phil Randle of Salloway are continuing to drive forward Clowes Developments prestigious Ivanhoe Business Park at Ashby-de-la-Zouch, with a fresh push on marketing coming off the back of continued strong interest. 

Benefitting from a superb central location just off the M42/A42 at Junction 13 in Leicestershire, the site has terrific links to Birmingham to the west and the M1 to the east whilst remaining within minutes access of local services in the thriving market town of Ashby-de-la-Zouch.  Already the development has attracted substantial interest and now is the home to a range of occupiers in both the office, warehouse and manufacturing sectors.

Ivanhoe Business Park has thrived even during the darkest days of recession over the last few years and with property demand significantly increasing in early 2014 and supply of quality office and industrial space and indeed design and build opportunities throughout the County and the East Midlands as a whole in poor supply, the future seems bright for Ivanhoe which can offer office space to purchase or rent from as little as 3,000ft² and upwards and warehouse or manufacturing space from 7,000ft² and beyond, again to rent or purchase.

The joint agents are thrilled at the prospect of encouraging further new occupiers to this prime site.  Tim Gilbertson of FHP commented:

“For both myself and FHP as a whole it is great to continue our established working relationship with Clowes Developments on another of their schemes in the Midlands. 

Having brought significant success to other sites throughout the region I see no reason given the quality of location, product and design and build options for this site that we cannot bring continued success to this scheme also.

In recent years Ivanhoe has bucked the trend and seen terrific growth bringing both local and national occupiers to this prestigious scheme which sits in a prime location just off the A42, whilst remaining most importantly, within minutes of the local facilities that the thriving market town of Ashby-de-la-Zouch can offer.

That may seem to be a minor point, but having banking and local facilities on the doorstep of the scheme is of key benefit to any occupier who is also seeking a destination which provides terrific links to the national motorway network, regional Cities of Nottingham, Derby and Leicester and also quick access to Birmingham and East Midlands Airport.

We have the ability on the scheme to offer office, production or distribution users prime product in a superb location and have existing office stock immediately ‘ready for occupation’ plus the ability to offer design and build warehouse or manufacturing space within a matter of months on either a purchase or rental basis.

The quality of location is coupled with the highest calibre of construction, with the specification of all the space on site unrivalled and for any occupier seeking a quality location and quality space for their business then Ivanhoe must surely be a first port of call. 

Occupiers only need to look at the testimonies of other existing occupiers on the scheme to recognise what a great opportunity Ivanhoe Business Park offers and we very much hope to be announcing details of further occupiers in the near future.”

James Richards of Clowes Developments commented:

“Ivanhoe Business Park has been a terrific success for Clowes Developments and we have no doubt that moving forward similar success will be encountered as we embark upon the next phase of development at the site. 

Our agents already have initial interest in both the remaining office space and design and build deals to purchase or rent on both industrial/warehouse and office accommodation.  However, as we have two office buildings remaining, each available to purchase or rent, and there is still a great opportunity for any interested party to secure one of these before deals are agreed elsewhere.

In terms of the future, given the level of interest on a build to suit basis for both industrial/warehouse and office space we very much hope that as the market continues to improve, demand rises and supply diminishes still further that design and build opportunities which can be delivered within a fantastically shorter time period will be the way forward on this scheme. 

For example, we already have a fully consented warehouse/industrial unit of 40,000ft² ‘ready to go’ which we could hand over the keys upon within 6 months of a deal being documented.

The ongoing lack of supply in the region suggests that design and build is the way forward and with our track record and ability to perform quickly, we very much hope that we will be announcing deals shortly.”

Joint agent on the scheme, Phil Randle of Salloway commented:

“The business park has bucked the trend during the recession with success achieved on the warehouse/industrial and office sectors.  Negotiations are progressing well with three companies for design and build facilities and I expect more good news to be delivered by early summer.”

For further information on the scheme or to discuss your office, manufacturing or warehouse needs then please contact Tim Gilbertson on 0115 9507577.

FHP Property Consultants are delighted to announce the letting of 140 Vernon Road, a property owned by the Bridge Estate.  The property has been let to JMD Textiles Limited, a local Nottingham based company who offer a large range of bedding and linen products as well as various home and garden goods.

Mark Tomlinson of FHP Property Consultants commented: –

“140 Vernon Road offered 15,000ft² of affordable warehousing accommodation on a secure site of 1.2 acres.  This is a rare proposition in the market around Nottingham City Centre at this time and I wasn’t surprised by the interest levels which we received for the site.  From the time of our initial instructions to completion of the lease was only 3 months and I am delighted to have achieved a letting to such a good quality tenant such as JMD Textiles.”

FHP Property Consultants are delighted to announce that full occupancy has been achieved at Morris Court in Colwick, a range of light industrial units constructed in 2007 providing units ideal for local small to medium sized businesses.

Two of the final units have been leased by Portal Systems UK Limited and Gedling Homes and there are now no further vacancies onsite. 

Mark Tomlinson of FHP Property Consultants commented: –

“This positive trend which we were seeing towards the end of last year has continued into 2014 and in the Colwick area has really benefitted from an increase in confidence among local SME’s.  Last year in the Colwick area alone we completed 10 deals achieving full occupancy on City Business Park and 10 Great Northern Way respectively in the process, Morris Court is the latest estate to achieve full occupancy.  

There is now a serious lack of modern industrial units to rent in the Colwick area of Nottingham or further afield for that matter to service the local market.”

Chesterton Humberts were joint agent on the Morris Court scheme.

At a time when the industrial and warehouse market in the East Midlands is mirroring the economy as a whole and increased activity is being seen across the board, Tim Gilbertson of FHP is delighted to confirm proof of further improvements in the local property market with the sale of a substantial distribution building on a large site on Cotes Park Industrial Estate just off the M1 at Junction 28 and the A38.

Previously occupied as a transport/haulage base this substantial property extended to just under 70,000ft² and sat on a significant site of over 4.5 acres offering a rare visitor to the market combining a prime location with a large site offering scope for further development.

The site and premises have been sold to PMW Property who plan to redevelop the site and offer it out to rent in its entirety or in various size combinations. 

Tim Gilbertson of FHP acted on behalf of the owners and commented:

‘This is the third major distribution base in the Nottinghamshire/Derbyshire area that I have sold or let already in 2014, proof itself of the improving market and the upturn in demand that commercial property is encountering in the same way as the economy as a whole.

This opportunity offered basic warehouse accommodation but with the key added value being created by the extensive site upon which the building stood offering scope for external storage or, as is more likely in this particularly case, the extension and development of the site.

Benefitting from a superb location this favoured industrial estate just off Junction 28 of the M1 Motorway, I am delighted that PMW have purchased the site and I wish them well with their plans for the future.

With the disposal of this building this is the third major distribution base that I have let or sold already in 2014 with the three deals totalling over 275,000ft² of space disposed of which can only bode well for an improved market.

From our perspective the concern now comes in terms of lack of supply of space going forwards and I would be delighted to discuss the market with any property owner seeking to dispose of their industrial or warehouse premises as certainly there is real demand in the market and the limited supply is already seeing prices and rents starting to nudge upwards.”

Purchaser Mike Wrigley of PMW Property, commented:

“I am delighted to secure this exciting opportunity at a time when the property market is seeing real improvements.  Demand is certainly rising and stock levels are so poor that we are already seeing rents and capital values nudge up as a direct result.

We very much see West Way as being an ideal solution for any number of potential occupiers in the future as we look to fully refurbish and upgrade the premises enabling us to offer space out from 10,000ft² and upwards.

With the large site available there is scope for extension of the current premises too and perhaps even the creation of new build space as well and we look forward to releasing our plans shortly.

We have asked FHP to continue with the marketing of the site on our behalf and no doubt Tim Gilbertson and Laura West will do a fine job in encouraging new interest quickly.”

For further information on the deal or to see how FHP can assist you with the marketing and sale or letting of your premises please contact Tim Gilbertson on 0115 9507577.  

With demand for large industrial and warehouse units continuing apace in the New Year, available stock keeps diminishing as deals are being concluded swiftly in the early part of 2014.

Tim Gilbertson of FHP is pleased to announce the further disposal of 7-11 Lower Oakham Way on the Oakham Business Park in Mansfield with a unit of over 90,000ft² on 6.35 acres now let.

This deal coupled with a letting announced earlier in the month at Common Road in Huthwaite has seen over 200,000ft² let by Tim Gilbertson since the turn of the year.  With both properties let to manufacturing companies and jobs therefore secured and indeed created this hopefully heralds further positive news for both the property market and the economy.

The deal concluded sees this superb building on a large site let on behalf of Pall Mall Estates, long term clients of Tim Gilbertson. 

Tim Gilbertson at FHP who sourced and completed the deal commented:

“The second major letting that I have undertaken at Junction 28 within the last few weeks sees over 90,000ft² of space let.  A terrific deal for my clients as a 10 year lease without break was agreed but equally the tenants have secured themselves a good quality building on appropriate terms through their agent, Jake Huntley at Capita.

Whilst always pleasing to secure the disposal of such a significant building and indeed for such a long term, my immediate concern now lies in trying to satisfy any number of ongoing enquires for between 50,000ft² and 150,000ft² on the M1 corridor.  Certainly over the last 6 months this sector has completely changed to the degree that there is so little stock available that potential occupiers are fighting hard to secure any appropriate buildings. 

This is a complete sea change for landlord’s now from the conditions encountered over the last few years when the market was very much in favour of tenants and purchasers.  Now though the market has shifted to favouring landlords, owners and developers as the economy appears to be improving further, creating additional demand.  Against a backdrop of limited supply this is having an obvious and noticeable effect on the market.

What I am finding as a result of the lack of stock is the number of parties that I am now talking to on a design and build basis on the various schemes we have around Junction 28 and the M1 corridor.  With the ability to fast track deals and construction times and create a ‘perfect property’ for an occupier on a leasehold or freehold basis, provided a tenant is prepared to agree long term occupation, that it really does appear with the ongoing lack of good quality existing space that design and build deals will be the way forward throughout much of 2014 and beyond. 

Pleasingly we have any number of sites in the region that can satisfy these design and build deals but equally I would urge any major property owner thinking of marketing their warehouse or industrial unit for sale or to let to contact me as there are any number of parties in this sector looking for space at present and the buildings are simply not available.

For further information on the deal or to see how Tim Gilbertson could help you with the disposal of your industrial or warehouse building please contact us on 0115 9507577. 

MIPIM is only just underway, but you can tell already that there are more people here and that they are taking a more progressive approach to the market. 

On the first morning, I had meetings with one asset manager and one developer/investor, both dealing principally with industrial assets.  Both of them are looking to invest within the East Midlands and they are actively looking for asset management opportunities. 

The feeling here is that the market has changed noticeably since last summer and has become very competitive already.  While the improved sentiment we are seeing here is not yet visible to the same degree in occupier markets, it is on the way and people are looking to take positions now rather than ‘after the event’.  

The market will open up opportunities for people who have been constrained by not being able to trade their property.  There will be some flexibility for an exit now. 

There are some challenges ahead.  The problems of the past few years mean the market lacks capacity to deliver which will bring pressures on prices and deliverability. 

What MIPIM tells us already is that this is a market on the move.

Acting on behalf of the former owners, Tim Gilbertson of FHP is pleased to announce the sale of a substantial site and premises on Newmarket Drive off Ascot Drive, Derby.  Offering a prime pitch on one of Derby’s favoured industrial estates, Tim Gilbertson was appointed to dispose of a former timber trade centre incorporating warehouse, trade counter and office accommodation all on a large site of approximately 1.64 acres.

Prime sites such as this come to the market on such rare occasions that strong interest was anticipated and certainly strong interest was received with a number of parties disappointed that they could not secure the opportunity.

Given the prime location and extensive site available this shows again the strengthening market and as a result similar opportunities to market are sought.

Tim Gilbertson acted on behalf of the former owners commented:

“Having previously sold similar sites for our clients elsewhere when deemed surplus to requirements I was delighted to take on this opportunity.  Particularly so as given the prime location and the scarcity of opportunities such as this in the City my feelings were always that this site would be well received by the market and strong interest generated.

Through our swift and thorough marketing campaign this certainly proved to be the case and a sale was quickly agreed which progressed swiftly and as a result of the interest generated I have a number of parties now seeking similar space in the area who are finding opportunities hard to source.

This again shows the strengthening demand in the market place and the lack of supply and should any parties be considering placing their premises on the market in Derby at present then I would be delighted to hear from them as I have a number of unfulfilled requirements as a result of the marketing of these buildings plus site.

We wish the purchasers well with the site.”

For further information on the deal or to see how FHP can help sell your commercial property then please contact the team on 01332 343222.

Acting on behalf of Cooper MEDC, Laura West of FHP Property Consultants is pleased to report that 75% of their former site is now sold or under offer!

Nottingham-based Cooper MEDC recently relocated their operation to a 67,000ft² warehouse in Sutton-in-Ashfield. The move was brought about having undergone significant expansion within the business and the need to find larger premises which were sited under one roof.

The former site, which is located just off Brookhill Road within the main industrial estate in Pinxton provides a range of fitted workshop/industrial accommodation with dedicated car parking and yard space.

The units is now home to Complete Manufacturing Services Ltd and Ashfield Powder Coatings as well as Mathbirk International Ltd. The latest deal to be agreed is to a well-known local occupier related to the furniture industry.

Laura commented:-

“Interest in these units has been predominantly local, with most of the occupiers already being residence within the estate. We have seen a desire from cash-rich companies who have taken advantage of the opportunity to buy property freehold, whilst prices remain relatively low. The units at Colliery Road allow for an occupier to remodel the existing layout and refurbish the accommodation to a style that suits their business needs.”

“I have been really pleased with the interest that has been received in the site and I am hopeful that the last two remaining units will soon be occupied.”

For further information or to register your interest for future availability within the estate place contact Laura West on 07917 460029.

END

Take up of space at the Amber Business Centre, Riddings has grown from strength over the last few years. The 36.1 acre site was purchased by Commercial Estates Group (CEG) in 2010, since this time the estate have welcomed 40 new occupiers with over 200,000ft² of industrial/warehousing premises let. 

The Amber Business Centre provides the perfect solution for light industrial and warehousing occupiers. The units are available in a wide range of sizes and layouts, are fully fitted and conveniently located close to the M1 corridor.

The estate offers a range of accommodation to suit every occupier and through proactive and pragmatic management, many of the tenants are continually expanding on the park.

Laura West, Associate Director at FHP Property Consultants comments:-

“I have personally involved in the estate since 2006 and have seen a number of new tenants join the Amber Business Centre. The success story is down to the ability to offer a wide range of fully fitted units which are immediately available. CEG have a very hands on and dynamic approach when it comes to estate management with tenants being reassured that they are joining an estate where support is on hand 24 hours a day.

I am confident that through attracting high quality occupiers to Amber Business Centre it will play a crucial role in boosting the local area’s economy”

The team at Amber Business Centre carefully listen to the demands of local occupiers and pride themselves on delivering a first class service – see more at www.amberbusinesscentre.co.uk

For further information or to register your interest for future availability within the estate place contact Laura West on 07917 460029.

Acting on behalf of longstanding clients Tim Gilbertson of FHP is delighted to confirm the first significant industrial/warehouse letting of 2014 which sees over 100,000ft² of space let at Junction 28 of the M1.

The deal concluded clearly reflects the improving industrial and distribution market locally and with space at a premium and demand continuing to improve a number of similar deals are in the pipeline.  Great news on face value but ultimately the sector is faced with stock shortages and as a result the pendulum is now swinging in favour of landlords and developers after many years of being a tenant/purchaser friendly market.

Tim Gilbertson commented:

“I was delighted to bring this property to the market and knew immediately that it would fill a gap due to the lack of competing stock in the area.

Set in a prime location just off the M1 at Junction 28 and adjoining the A38, whilst slightly dated the building benefitted not only from a great location but also a substantial yard.  These key factors plus the improving demand in the market place and lack of competing space encouraged early interest in the building and as a result a deal was agreed with local furniture company Celebrity Motion Furniture to enable them to expand and relocate from their base on the other side of the motorway at Alfreton.

The deal agreed sees a 10 year lease signed and with our client undertaking various alterations to the building to adapt it specifically for the tenants needs we are sure that it will serve them well for the future.

The overriding sentiment is that the market is improving, demand is rising and supply is falling and with any number of unsatisfied requirements locally I would be delighted to hear from any landlords or vendors looking to put their property on the market to take advantage of what seems to be the first improved trading conditions for many years. 

I wish Celebrity Motion Furniture well in their new base and have no doubt that it will serve them well for the future. 

Philip Westin-Hardy of New West Chartered Surveyors acted on behalf of the tenants, Celebrity Motion Furniture.

For further information on the deal and to see how FHP can assist you with the disposal of your premises please contact Tim Gilbertson on 0115 9507577.

FHP Property Consultants are delighted to announce the letting of the final vacant units at Colwick Business Park to A&G Café Vero, a local supplier of coffee and coffee machines to local cafés and restaurants.

Mark Tomlinson of FHP Property Consultants commented: –

“The local industrial market around Nottingham City Centre continues to improve and this is marked by a number of recent lettings in the area which has seen availability of good quality commercial units drop substantially.

I expect this trend to continue into 2014 and for good quality units to be in increasingly short supply.”

FHP Property Consultants have recently acquired an industrial unit at Gresham Road, Derby, on behalf of gaming experts, Games Warehouse Limited.

The deal was brokered by Lucinda Hancock of FHP who commented:

“We have worked with Games Warehouse Limited for a number of years and having previously acquired their new offices at Pride Park a year ago, relocating their warehouse facility concludes their property strategy going forward.”

Games Warehouse Limited were enthusiastic to source an industrial unit within a relatively short timescale that would provide additional good quality storage space in close proximity to their existing offices.

Mike Walmisley of Innes England acted on behalf of the landlord and commented:

“We are very pleased to welcome Games Warehouse Limited to the estate with their aim to move their storage facility from Nottingham to nearer their Pride Park head office.”

Bernard Taylor, Finance Director of Games Warehouse Limited added:

“Lucinda was innovative and proactive in her approach and has added value throughout the acquisition.”

For further information with respect to this letting , please contact Lucinda Hancock of FHP Property Consultants on 0115 841 4794 or lucinda@fhp.co.uk.

We are pleased to bring to the market a rare opportunity to rent good quality warehouse accommodation with a large yard just off Lenton Lane in Nottingham.  Set in a prime location the building is immediately available and extends in total to approximately 1,662m² (17,893ft²).

With the ongoing lack of stock of good quality larger industrial or warehouse units becoming critical amidst improved demand, hopefully this new opportunity which will be available shortly on Heanor Gate Industrial Estate in Derbyshire will be well received. 

Offering good quality space to be completely refurbished of just over 37,000ft² a new lease will be offered on this building which has the benefit of a large yard and car park and is fully fitted throughout. 

Further details to be confirmed shortly.

FHP Property Consultants are delighted to announce another two occupiers for the popular and successful Langham Park Lows Lane Development in Stanton by Dale.

Langham Park Developments came up with the micro-tech concept in 2006 to give small businesses the chance to buy or lease new small, well-specified buildings.

The terrace of eight units are unique and have always proved to be extremely popular with small businesses. The units, which start at 736ft², were designed for a number of uses, including workshops, storage or offices.

The latest occupiers to the estate include Paul Gaughan Architects who have relocated from Ilketon town centre and Saviour Engineering who are already located on the estate. Both occupiers have seen their businesses expand over rent years and as a result needed additional space.

The transactions were handled by Associate Director at FHP Property Consultants, Laura West who commented:-

“Having been involved in the initial disposals in 2006 it has been a pleasure to handle the marketing of these units for the second time around. They are extremely well specified and conveniently located. The demand for this area for good quality premises continues to increase as a result of the overall quality of the scheme and the ability to provide units targeted specifically at the local and regional markets.”

For further information or to register your interest for future availability within the estate place contact Laura West on 07917 460029.

END

FHP Property Consultants and pleased to announce instructions to market an exciting and rare opportunity to occupy a very well specified, modern and detached industrial/trade counter unit on the popular Oakham Business Park, Mansfield.

The property totals 2,280m² (24,542ft²), which includes a clear span warehouse with an eaves height of 7.5metres, fully fitted trade counter area and two storey offices. The property also benefits from a fenced and gated yard area and allocated car parking.

Available to rent or purchase, this property must be viewed to appreciate the quality and full extent of the accommodation offered.

For further details please contact Laura West on 07917 460029. 

END

Acting jointly with Matthew Liggins of Musson Liggins, Tim Gilbertson of FHP is delighted to confirm a successful start to 2014 with the sale of good quality warehouse space on Moorgreen Industrial Estate.

In a market where opportunities to buy good quality stock are limited, this building attracted attention from the off and through extensive marketing the eventual local purchaser was located quickly.

With the deal completed within a matter of weeks from instruction of solicitors, the sale hopefully heralds an uplift in demand for the year as certainly 2013 ended with a flourish of more enquiries and more deals agreed. 

The deal was brokered by Tim Gilbertson of FHP who commented:

“I really hope that this deal signifies a prosperous year as the economy seems to be picking up again. 

We have noticed in the last quarter of 2013 a substantial uplift in enquiries and this trend seems to be continuing into 2014. 

With good quality space in poor supply and demand increasing it does appear as if market conditions are changing after any number of years of tough trading conditions.

We are keen to take on more stock to meet increased levels of demand and would be delighted to hear from any potential vendors or landlords.”

Joint agent on the sale, Matthew Liggins of Musson Liggins commented:

“It was a pleasure working with Tim and together we have secured a positive outcome for our client in an improving but still relatively fragile market where all enquiries have to be treated seriously.”

For further information on the deal or to see how FHP can help you sell or let your industrial or warehouse space then please contact Tim Gilbertson on 0115 9507577.