I’d like to say a big thanks to Harry at FHP for his outstanding work getting our unit rented out. Harry provided us with high calibre professionalism, is really easy to get on with, demonstrated knowledge, expertise, and offered helpful advice throughout the tenancy process.

Is the economy growing?  Is the economy shrinking, or is it just flatlining?  As a Chartered Surveyor dealing with the sale and letting of manufacturing and distribution space throughout the East Midlands, it’s clear that there is no specific answer to these questions and I have no idea where the world is going over the next week, let alone the next 12 months.

However, what I do know is that the East Midlands manufacturing and distribution property market is still in fine fettle, and the biggest problem that occupiers looking to grow or relocate their businesses are finding at present is the lack of stock.

No one really knows where the economy is going at present, albeit everybody I speak to and meet seems incredibly busy.  Busy doesn’t always mean productive and successful but at a grassroots level, it does seem as if there is a real desire from any number of companies to relocate but it’s the lack of opportunities to relocate, particularly when companies are trying to buy premises as well as rent, that is preventing any number of potential moves from happening.

Dove Valley Park at Foston just off the A50 between Derby and Uttoxeter has seen terrific growth over the last few years, with just under one million sq. ft. built and either sold or let to expanding local and indeed national companies.

It’s also one of the few locations in the East Midlands where bespoke built warehouse or manufacturing space can be offered for sale as well as to rent and it’s possibly the reason why we are seeing increased levels of activity centred on the park in early 2024.

Design and build is very much a ‘posh phrase’ for having something built to an occupiers’ needs and their exact specification, but the message that such buildings can often be delivered within as little as 12 months from initial discussions seems to be permeating the local and regional market, particularly as with Dove Valley Park where freeholds can be offered as well as leasehold opportunities.  Given that buying an existing building can often take many months and even then it might not be ideal for an occupier, if of course a vaguely suitable building can be found, then design and build becomes a more and more keenly followed route when occupiers try and procure new space.

At Dove Valley Park, we can offer property solutions to buy from as little as 30,000ft² upwards in what is a cracking location, just off the A50 between Derby and Stoke on Trent, providing great access to both the East and West Midlands markets.

Plots are ‘ready to go’ at DVP and if you and your business are equally ‘ready to go’ but you have been frustrated by the real lack of supply of opportunities to buy or indeed rent throughout the East Midlands, then my colleague Darran Severn or myself would be delighted to chat through this great location and see how we might be able to help you secure the right building in the right location in the right time period.

For further information, please contact Tim Gilbertson on 07887 787 893 or email tim@fhp.co.uk or Darran Severn on 07917 460 031 or email darran@fhp.co.uk.

ENDS

Tim Gilbertson

5 March 2024

Acting on behalf of private clients, FHP’s Tim Gilbertson has concluded the sale of 25,000ft² of good quality space adjoining the A38 at Junction 28 of the M1 motorway in a sale which was agreed and completed in double quick time.

The sale concluded sees local occupiers CVH-OMFB Limited relocate from their current base on Carter Lane East in South Normanton to enable their continued growth and expansion in a much larger building which benefits from a large, oversized site.

Tim Gilbertson commented:

“It was great to see this deal concluded so swiftly after we agreed terms with our purchaser.  Again, this a rarity in the market, a building that can be sold and also one with a large yard, so it’s great to tie up a deal quickly and see exchange of contracts happen within a few weeks of instruction of solicitors.

I wish the new occupiers well in what I think is an excellent building and I am sure one which will serve them well for the future.

There still remains little space to buy on the market of any size in the East Midlands and indeed stock levels are starting to drop in terms of leasehold warehouse or manufacturing space too.  Hopefully though this in general is a good sign of demand, albeit we do need more space now to meet the aspirations of any number of occupiers that we know who are looking to move on.

I would be delighted to discuss with any potential clients how we can help the market their space.”

Carl Hinds, Managing Director of CVH-OMFB Limited, commented:

“We are delighted at securing this top quality building to aid our expansion within the region.  It has the yard space and internal accommodation we need, keeps us very close to the M1 motorway and being set so near to our current base, it ensures that we keep our staff happy which is always important.

Many thanks to Tim Gilbertson and FHP for helping us see this deal over the line, they are now marketing our current building and hopefully they will have similar success there as their positive, helpful attitude has been terrific throughout.”

For more information on the transaction or to see how Tim Gilbertson at FHP can help you, please give him a call on 07887 787 893 or email tim@fhp.co.uk.

ENDS

Tim Gilbertson

1 March 2024

Acting on behalf of long term private clients, Ketlin Maeorg of FHP has completed the letting of a good quality industrial unit comprising a 2,527ft² warehouse with fitted office space.  Park Lane Business Park is a well-established industrial estate in Kirkby in Ashfield, which can be easily accessed via the A38 and Junction 28 off the M1.

Ketlin Maeorg of FHP commented:

“I am really pleased with the recent completion of Unit 3 Park Court and to have secured this deal for our client. It is great to have such a swift turnaround and excellent tenant in the unit so quickly.  The property is in a great condition and benefits from the fitted office space with shower facilities.  This was a fantastic deal to complete and I believe a great result for all parties.  It is always great to witness the continuous high demand for excellent quality industrial units.”

For more information on this deal or to see how FHP can help you, please contact Ketlin Maeorg on 07929 673 232 / ketlin@fhp.co.uk.

On behalf of private clients, FHP Property Consultants are delighted to bring to the market a modern industrial/warehouse unit located on Manners Industrial Estate, Ilkeston, DE7 8EF.

The premises occupies a convenient position, within 10 minutes of Junction 26 of the M1 motorway. The accommodation provides 6,101 sq. ft of warehouse space with an additional 1,247 sq. ft mezzanine and 776 sq. ft of office space/ staff welfare facilities. Externally the property benefits from a roller shutter door, excellent yard space and car parking area.

FHP Property Consultants are marketing the property to rent at a price of £50,000 per annum and is available from May 2024.

Corbin Archer of FHP Property Consultants comments:

“I am pleased to bring this property to the market as industrial/ warehouse units of this size in Ilkeston are hard to come by and this offers a local occupier a great opportunity to expand or relocate into this premises. The property offers good quality warehouse accommodation with additional office space and staff welfare facilities. Its location is great being so close to Junction 26 of the M1 Motorway. I look forward to speaking with all interested parties.”

For further information or to arrange a viewing please contact either Corbin Archer on 07929 716330 / corbin.archer@fhp.co.uk or Harry Gamble on 07398 443828 / harry.gamble@fhp.co.uk.

It’s not often we have the chance in this market, where opportunities to buy remain scarce, to market warehouses on a large securely fenced and gated site, but I am pleased to say Hawton Lane in Newark is a new instruction where we do have exactly that.

There are 2 detached warehouses on a site of just under 2 acres, the site is securely fenced and gated and ready to go, with the buildings being empty and available for immediate occupation.

Tim Gilbertson, Director of FHP Property Consultants, commented:

“I am very hopeful that we will have strong interest in this opportunity that I am just bringing to the market in Newark.  A 2 acre site with 2 detached warehouses totalling 16,741ft² all on a securely fenced and gated site with main road prominence on the edge of Newark.

Previously used for storage and trade counter purposes, I think this opportunity will appeal to both occupiers and developers alike as given the scale of the site then, subject to planning, there would certainly be an ability to extend the buildings or indeed possibly erect new space on the site as well.

If this opportunity is of interest then please do contact me or my colleague Guy Mills and we would be delighted to discuss and show interested parties around.”

For full information contact Tim Gilbertson on 07887 787 893 or email tim@fhp.co.uk or Guy Mills on 07887 787 884 or email guy.mills@fhp.co.uk.

ENDS

Tim Gilbertson

23 February 2024

On behalf of private clients, FHP Property Consultants are delighted to bring to the market a good quality detached industrial/warehouse unit located on Orchard Park Industrial Estate, Sandiacre, NG10 5BP.

The premises occupy a convenient position, within 1 mile of Junction 25 of the M1 motorway and close to both Nottingham and Derby City Centres, being 7 and 9 miles respectively. The accommodation provides 16,027 sq. ft of warehouse space with 6 metre eaves height and an additional 5,748 sq. ft of office/ancillary space across two floors. Externally, the property benefits from two roller shutter doors, yard space and a large car parking area to the side of the unit.

FHP Property Consultants are marketing the property to rent at £140,000 per annum.

Corbin Archer of FHP Property Consultants comments:

“I am pleased to bring this property to the market as it offers good quality warehouse space with adequate office accommodation for a reasonable rent breaking down to £6.50 per sq. ft. The location is great, situated within minutes of the M1 motorway, allowing for an occupier easy access to Nottingham, Derby and the rest of the UK.  I look forward to speaking with all interested parties.”

For further information or to arrange a viewing, please contact either Corbin Archer on 07929 716330 / corbin.archer@fhp.co.uk or Tim Gilbertson on 07887 787893 / tim@fhp.co.uk

ENDS

Corbin Archer

22 February 2024

On behalf of private clients, FHP Property Consultants are pleased to confirm the sale of Primrose Business Park, Whites Lane, Blackwell, Derbyshire, DE55 5GZ.

Primrose Business Park is located in Blackwell, Derbyshire approximately 1 mile from South Normanton and 3 miles from Junction 28 of the M1 motorway.  The site comprises two detached commercial buildings totalling some 6,170ft², set on 2 acres of land with approximately 1.4 acres being hard surfaced and the remainder being grassland.

Darran Severn of FHP Property Consultants comments:

“I am pleased the sale of this site has completed.  The site has great potential and could suit a variety of uses from commercial to residential.  Following a short marketing process and due to the popularity of the site, we invited best bids and secured an offer within weeks.  More pleasingly, we achieved a sale some £70,000 above the guide price to a local occupier.

There remains strong interest in freehold opportunities across the region and if you are considering bringing your property to market, please give us a call as we may already be speaking to the ideal tenant or buyer”.     

For further information on this sale, please contact Darran Severn on 07917 460 031 or darran@fhp.co.uk.

ENDS

Darran Severn

February 2024

In 2023 I am pleased to announce that FHP let three units at Albert Martin Business Park being Unit 10 (22,715ft²), Unit 3 (24,000ft²) and Unit 9 (24,275ft²) which totals 70,990ft².

This site has been evolving now for a few years with lots of landlord works/improvements taking place letting by letting with the estate progressing year on year.  Albert Martin Business Park is located just off the A38 and is a ‘stone’s throw’ in distance from Junction 28 of the M1.  The estate offers excellent cost effective simple space to cater for all requirements and currently we have available:

• Unit 2 – 1,273m² (13,702ft²) – £60,000 per annum
• Unit 10 – 2,110.39m² (22,715ft²) – £125,000 per annum
• Units 5 & 6 – circa 60,000ft² – rent on application

Anthony Barrowcliffe of FHP commented:

“I have been working with Richard Blount at Ivygrove since I started my career in 2017 letting 300ft² at the Hartley Business Centre in Nottingham.  Our relationship has flourished over the years and I am now delighted that I am now completing larger deals for Richard and the family.  I am proud of what we achieved in 2023 at the Albert Martin Business Park having let 70,990ft² in 2023 as well as circa 40,000ft² in 2022.  

I am excited about 2024 and the circa 80,000ft² of industrial stock I have to market here.  What we offer is cost effective simple warehouse space close to the M1 with excellent yard space/parking and I look forward to discussing this more with interested parties.” 

For further information on this letting or the available units please contact Anthony Barrowcliffe of FHP on 07557 972008 or anthony@fhp.co.uk.

Six of the 22 light industrial / warehouse units under construction at Headstocks Industrial Park, Watnall have already been let prior to the scheme being completed.

The 22 unit scheme provides a total of 113,000ft² of buildings with units ranging in size from 2,500ft² to 30,000ft² in total.

They are being constructed to a high standard, achieving an EPC A rating.

For availability and to make arrangements to view the units please contact Anthony Barrowcliffe (anthony@fhp.co.uk / 07557 972 008), Amy Howard (amy.howard@fhp.co.uk / 07887 787 897) or Ketlin Maeorg (ketlin@fhp.co.uk / 07929 673 232) at FHP.

2023 was a particularly successful year for Anthony Barrowcliffe and FHP Property Consultants within the Newark industrial market having undertaken three transactions specifically on Brunel Drive:

• Former Vodafone Building, Brunel Drive – Prominently located industrial unit with mezzanine floor, office facilities and substantial yard. The unit measured 27,500ft² on a 2.65 acre site and it was sold to a local owner occupier.

• Former Marriotts Transport Yard, Brunel Drive – Fully fenced and gated secure site in a prominent roadside position with the units measuring 16,969ft² on a 1.72 acre site sold with vacant possession to a local investor and developer.

• Unit 3, Brunel Drive – hybrid space of 396.09m² (4,263ft²) let to a local occupier.

Anthony Barrowcliffe of FHP commented:

“I am particularly pleased to have transacted on these deals in 2023 and I am particularly excited about the Newark market in general.  I have more exciting opportunities to come in Newark, with two potential new instructions to be launched in February 2024 and feel this is a flourishing industrial market with lots of opportunities. I would welcome any further conversations with landlords and tenants in Newark on any property matters as I have the requirements to hand, understand the market and have the desire to dominate the Newark industrial market.”   

For further information on the deals we transacted in Newark or to hear about the exiting opportunities we have coming in 2024 in the Newark/A1 market please contact Anthony Barrowcliffe of FHP on 07557 972008 or anthony@fhp.co.uk.

2FHP Property Consultants are pleased to bring to the market a manufacturing/production unit situated on Delves Road, Heanor Gate Industrial Estate, Heanor, DE75 7SJ.

The premises forms part of the Heanor Gate Industrial Estate, a popular and well established production and manufacturing estate.  The property has good links with the A610 leading to Junction 26 of the M1 and the A38 which leads to Junction 28 of the M1.

The property itself comprises a detached industrial/warehouse unit sitting on a site of approximately 1.4 acres.  The accommodation offers clear span manufacturing/warehouse space with offices, kitchen and W/C facilities. The property has 3 phase power and provides a mix of dock level and level access loading doors.

Extending to 28,664ft², the property is available on new lease terms at a rent of £107,000 per annum.

Darran Severn of FHP Property Consultants comments:

“We are pleased to offer this property to market and I look forward to speaking with interested parties.   The unit would suit a variety of uses from manufacturing to storage and I suspect the likely tenant will already be located on Heanor Gate Industrial Estate.  The unit is available on new lease terms and short term leases will be considered”.

For further information or to arrange a viewing, please contact Darran Severn on 07917 460 031 or darran@fhp.co.uk.

ENDS

Darran Severn

January 2024

On behalf of private clients, FHP Property Consultants are delighted to bring to the market this excellent freehold opportunity situated on Carter Lane East, South Normanton, DE55 2DY.

The premises occupies a convenient position on Carter Lane East, just one mile from Junction 28 of the M1 motorway at its intersection with the A38.  The accommodation comprises industrial/warehouse space with an additional workshop, offices and welfare space and extends to approximately 977m² (10,519ft²).  The property also benefits from a securely fenced and gated yard and sits on a site totalling 0.4 acres.

FHP Property Consultants are guiding the freehold at a price of £855,000.

Darran Severn of FHP Property Consultants comments:

“I am pleased to offer this property to market.  This is a good opportunity for a local business to purchase their own property.  The property itself offers good quality accommodation with the extra benefit of having a yard.  There are still few  freehold options in the market today and I don’t think this will hang around long.  I look forward to speaking with all interested parties.”

For further information or to arrange a viewing please contact either Darran Severn on 07917 460 031 / darran@fhp.co.uk or Tim Gilbertson on 07887 787 893 / tim@fhp.co.uk.

ENDS

Darran Severn

January 2024

Acting on behalf of Hines, Tim Gilbertson of FHP Property Consultants is delighted to confirm the letting of prime new build space at Junction 28 of the M1 at Castlewood Business Park.

The building has been let to enable the continued growth and expansion of Schoolblazer, the UK’s leading uniform and sportwear supplier, who have signed a 10 year lease within a month of the building’s practical completion.

Tim Gilbertson, who acted on behalf of Hines in the disposal, commented:

“It’s great to see this deal done so quickly after practical completion of the building.  The building formed part of a portfolio that Hines purchased on a forward funding basis from Clowes Developments, with this being the second deal on the portfolio, which means we have now let nearly 200,000ft² of space for them since their acquisition.

This latest letting confirms again the activity in the East Midlands’ distribution and manufacturing market, but pleasingly we still have available space of between 60,000ft² and 100,000ft² at Fairham Business Park, Nottingham and also a fabulous regional distribution centre at East Midlands Distribution Centre just off Junction 24 of the M1, adjoining East Midlands Airport, of over 340,000ft².

We are agents for both of those and with interest good, I would urge any other potential occupiers to come forward for either of those units sooner rather than later as we have seen good demand in the first weeks of 2024.

The Castlewood, Fairham and East Midlands Distribution Centre units form part of Hines’ commitment to deliver over 1,000,000ft² of high quality logistics space throughout the East Midlands and more information is available on the portfolio’s website (www.axis-portfolio.co.uk) or from myself or John Proctor at FHP or our joint agent Christian Smith at Savills.

We wish our new occupier well in the building, which means Castlewood is down to a final unit of 134,000ft² being available and I would be delighted to discuss any potential interest there.”

For full details on this transaction or to see how FHP can help you on any commercial property matter, please contact Tim Gilbertson on 0115 950 7577 or tim@fhp.co.uk.

ENDS

17 January 2024

Air Cargo Centre is located off Beverley Road, within the East Midlands Airport campus.  The estate comprises 23 industrial/warehouse units with a total floor area of some 200,000ft².  Units range in size from 3,000ft² to 25,000ft² and benefit from dedicated car parking and loading to the front.

Following the success earlier last year where Unit 438 was let to an established airport user, FHP Property Consultants are pleased to announce the recent letting of 419 Air Cargo Centre to DHL Air Ltd.  DHL Air have taken a new lease on Unit 419 for a period of approximately 5 years to bolster their existing operations at East Midlands Airport.

Darran Severn of FHP Property Consultants comments:

“Air Cargo Centre is a very popular estate due to its proximity to East Midlands Airport.  The estate generally appeals to businesses that have a direct connection with the airport.  On this occasion we have been able to line up a new tenant prior to the expiry of the existing lease eliminating a void period for our client.  A truly great result for all involved.”

Peter Molloy, Regional Commercial Manager for DHL commented:

“East Midlands Airport is home to the UK’s largest dedicated cargo operation, and DHL already occupy some 500,000ft² across the airport.  The new unit at Air Cargo Centre will be predominantly used for repairs and maintenance, keeping this separate to our parcel hub.” 

If you are currently seeking warehouse accommodation around East Midlands Airport/Castle Donington, Unit 417 Air Cargo Centre is available to lease, which comprises 3,717ft² and is immediately available.

For further information please contact Darran Severn on 07917 460 031 / darran@fhp.co.uk or Harry Gamble on 07398 443 828 / harry.gamble@fhp.co.uk.

ENDS

January 2024

FHP Property Consultants are happy to announce the successful lettings of two deals at West Hallam Industrial Estate.  The transactions includes a Romney unit and 0.68 acres of hardstanding land adjacent to the estate.  Situated 7 miles northeast of Derby and 10 miles west of Nottingham, West Hallam Industrial Estate enjoys excellent positioning with good connectivity to Junction 25 of the M1 motorway.

Spanning across 118 acres, totalling 128 million square feet, West Hallam Industrial Estate continues to be a popular trading estate for local and national occupiers. The recently secured Romney unit, comprising 6,500ft² of warehouse accommodation at a rent of £24,000 offers a price per sq. ft of £3.70, proving very affordable.  Moreover, the 0.68-acre plot of hardstanding land adjacent to the site has also been secured at a price of £22,000 per acre which is very affordable given the lack of commercial land available in the region.

Corbin Archer from FHP comments:

“These successful transactions underline the continued attractiveness of West Hallam Industrial Estate.  We are delighted with the completion of these deals and are eager to offer more such opportunities to potential occupiers seeking affordable industrial and land space in this popular location.”

If you have any further questions or would like to arrange a viewing, then please do not hesitate to contact Corbin Archer on 07929 7716 330 / corbin.archer@fhp.co.uk.

ENDS

December 2023

FHP Property Consultants are delighted to have recently completed the lettings of three small industrial/warehouse units all ranging from a size of 618ft² to 1,511ft².  The smaller of the three units was placed under offer before it hit the market, showing the strength in demand for smaller units in the Derbyshire area.

Amber Business Centre is a popular well established distribution and manufacturing estate in Riddings, Alfreton.  The centre enjoys a prime location offering easy accessibility and convenience to businesses and visitors.  It can be easily accessed via the A38 and A610 dual carriageways linking to the M1 motorway at Junction 28.   Units on this estate range in size from 618ft² to circa 50,000ft².

The specification on all units at Amber Business Centre includes: 3 phase power, roller shutter loading door, W/C facilities and parking.

We only have three units left with sizes ranging from 1,131ft² to 1,272ft² but with the demand for this size of unit and the interest we are having, they will not be around for long.

Harry Gamble of FHP Property Consultants comments: –

“I am delighted to have completed three lettings in just over a week at Amber Business Centre.  This is a great achievement for our clients, and I can’t see it slowing down, as Amber Business Centre receives a huge amount of interest.  Amber Business Centre is a prime destination for businesses seeking an innovative and thriving workspace and with only three units remaining, it is a testament to the centre’s quality of warehouse/industrial space. 

Due to the demand of smaller units in the Derbyshire area, I can see the remaining units being placed under offer very quickly.”

If you have any further questions or would like to arrange a viewing, then please do not hesitate to contact Harry Gamble on 07398 443 828 / harry.gamble@fhp.co.uk or Corbin Archer on 07929 7716 330 / corbin.archer@fhp.co.uk.

ENDS

December 2023

The industrial property market has shown notable resilience throughout 2023, with sustained demand for small units and a continued lack of supply due to limited new build stock being brought forwards in the sub 5,000 sq ft market.  Investors continue to be drawn to the sector’s stability, with vacancy rates remaining low and rents remaining robust despite the challenges in the wider economy.

Given the fledgling nature of many of the occupiers in the sub 5,000 sq ft market, we see strong demand for properties which can offer shorter, more flexible leases incorporating tenant break options which allow occupiers to expand or contract should their property needs change.  Landlords who own property in the small industrial sector are well served to offer simple lease agreements to give occupation quickly to tenants who can otherwise become frustrated by delays in prolonged legal negotiations.

Viability of new-build industrial developments offering small units to cater for local demand continues to be challenging given the level of build cost and uncertainty over long term values. As such we expect the mismatch between supply and demand to continue, which will only serve to keep rents at sustainable levels and marketing periods low.  Since the 2030 Agenda for Sustainable Development was announced in 2015, up to date regulations have seen developers take on increased costs as they have needed to incorporate eco-friendly materials and technologies into their practices to construct energy efficient, environmentally friendly properties. These measures, while crucial for long term environmental benefits, pose financial challenges to developers.

There is an increasing demand for owner-occupied industrial units below 5,000 sq ft due to growing interest from small, local businesses seeking designated spaces. Entrepreneurs are increasingly opting to own rather than lease, driven by stability and long term cost benefits.  The market for freehold industrial units continues to be scarce, further provoking copious demand for the units which are being brought to the market.  Furthermore, as the industrial property market is a focal point for investors, it is becoming increasingly difficult for small businesses to secure and occupy these properties against the capital of investors.

For further information, please contact Guy Mills on 07887 787 884 or guy.mills@fhp.co.uk.

FHP are pleased to announce the sale of both the former Nottingham Powder Coating Premises and the Former Dredging Tip Site both located on Private Road No.4, Colwick, Nottingham.

The Former Nottingham Powder Coating Premises totals 14,794ft² and was situated on a 0.88 acre plot.  The site was sold to Grover Brothers (UK) Limited whose plans are to redevelop the property to create a multi let estate/asset.

The Former Dredging Tip Site which sold off market and totals 2.23 acres, was located at the end of Private Road No.4 and was purchased by Bio Dynamic UK Limited, an existing occupier of Private Road No.4 with ambitious future growth plans.

Both of these sales demonstrate the strength of the Colwick industrial market and that there is still a huge appetite within the market for freehold opportunities whether they be from owner occupiers wanting to expand and grow their business or investors.

Anthony Barrowcliffe who acted for the vendors in both sales commented:

“We have some excellent opportunities currently in the Colwick area offering a variety of different options. In particular the very exciting Armitage Business Park which is being redeveloped by Ivygrove to create a multi let estate and is due to practically complete in April 2024.  We also have various options from Radford Holdings on Private Road No.2 and the prestigious Colwick Gateway development from Chancery Gate.”

For further information of how FHP can help you with your property requirements please contact Anthony Barrowcliffe on 07557 972008 or anthony@fhp.co.uk.

FHP are delighted to have secured a letting on Evelyn Street, one of the former Mill units that lies just off Queens Road East, Beeston. The unit benefits from enhanced period features throughout showcasing the characteristics of its former use and comprises 4,090 sq. ft of good quality warehouse space with ample parking to the front of the property, just off Evelyn Street. The new tenant, Vortex Systems Ltd have been in the market for some time now and were seeking larger space, due to their future growth and expansion plans. After viewing several properties with FHP Property Consultants, they decided that Unit 36 Evelyn Street was their ideal premises, and the enhanced features certainly caught their eyes.

We were originally marketing the property on a freehold basis and secured a lot of interest, although our client decided to go down the leasehold route in order to maximise their potential investment return within future years. The interest remained a strong level throughout the marketing, and we generated a good amount of enquiries which pleased my client and enabled us to achieve a strong rental tone on the unit. Evidentially, the interest was a result of my client refurbishing the property by reinstating the windows, retarmacking the front area for parking and installing new WC & kitchenette facilities to offer a higher quality unit, to best present it to the market. This is a prime example of landlord’s adapting to consumer needs and listening to the current requirements within the market, as a result of this we were able to secure a tenant and complete within a quick timeframe.

Amy Howard, Surveyor at FHP Property Consultant commented:

“It certainly was a great result to get this deal over the line, given the initial marketing on a freehold basis and then switching the leasehold, I have spent a lot of time with this client, and I am pleased to have secured this for them. The client showed willingness to work with the perspective tenants and enhancing the unit to attract further enquiries.

It was also a delight to work alongside Vortex Systems, they showed willingness throughout to get the deal secured within a quick timeframe and I wish them all the best in the future.

Beeston is a popular area with excellent transport links, we have several units on Evelyn Street, and it is a great estate for local occupiers with excellent access to J25, of the M1 Motorway. I hope to secure some further tenants with the remaining units that we have available within Beeston.’’

For further information, please feel free to contact myself on 07887 787894, alternatively you can email me at amy.howard@fhp.co.uk.

ENDS

Amy Howard

1^st December 2023

FHP Property Consultants are delighted to bring to the market, Units 1 and 2 Whittington Way, Chesterfield, Derbyshire, S41 9AG.

The property is situated to the north of Chesterfield providing quick access to the A619 leading to Junction 30 of the M1 motorway.  The premises comprise two detached industrial/warehouse units benefitting from clear span modern accommodation with good quality three storey offices.  The accommodation totals 12,536ft² and benefits from a minimum  9.0 metre eaves.

The freehold is available to purchase at a guide price of £1.2 million.

Darran Severn of FHP Property Consultants comments: –

“I am pleased to offer this property to market at a time where there is still a lack of freehold opportunities.  This is a great property which was built with no expense spared.  The two units can be occupied by one user or there is the option to occupy one and rent out the other for an additional income.  I look forward to speaking with any interested parties”

For further information or to arrange a viewing, please contact Darran Severn on 07917 460 031 / darran@fhp.co.uk or Harry Gamble on 07398 443 828 / harry.gamble@fhp.co.uk

ENDS

November 2023

West Hallam Industrial Estate covers 118 acres and includes over 100 buildings totalling some 1.28 million square feet.  The estate is situated in Derbyshire, 7 miles north east of Derby and 10 miles west of Nottingham.

The industrial estate comprises a variety of buildings from former military Romney huts to 150,000ft² storage and distribution units.  The owners of West Hallam Industrial Estate are committed to improving the quality of accommodation and have recently completed the construction of three new 12,000ft² industrial/warehouse units.

FHP Property Consultants are pleased to confirm the letting of the first of these units which completed shortly after the buildings were handed over.

Darran Severn of FHP Property Consultants comments: –

“The three new units at West Hallam Industrial Estate provide excellent warehouse accommodation, and I’m not surprised the first unit has already been let.  They are competitively priced and are available to rent immediately.  The tenants at West Hallam Industrial Estate also benefit from 24 hour gatehouse security and a solar farm.

There are two remaining units so please get in touch if you would like to take a look as I don’t see these being available for long.”

For further information on this letting please contact Darran Severn on 07917 460 031 or darran@fhp.co.uk.

ENDS

November 2023

Commercial Property Hits the Market: 1 Goshawk Road, Ilkeston, DE7 4RG.

An exciting opportunity for businesses awaits as 1 Goshawk Road, located in the heart of Quarry Hill Industrial Estate, becomes available for immediate purchase at £255,000.  Strategically situated, this property offers excellent access to key locations, with close proximity to Nottingham, Derby, and Junction 25 of the M1 Motorway.  Its prime location in the Quarry Hill Industrial Estate ensures convenience for businesses seeking efficient connectivity.

The property itself comprises a robust steel frame construction with brick elevations.  Internally the space is thoughtfully designed featuring a bespoke build that includes two floors of office accommodation and a compact warehouse space. This unique layout caters to a variety of business needs, offering flexibility and functionality.

Key features include:

• Prime location in Quarry Hill Industrial Estate
• Immediate availability at £255,000
• Excellent connectivity to Nottingham, Derby, and M1 Motorway

This property represents an exceptional opportunity for businesses seeking a strategic location, versatile space and a competitive price point.  Don’t miss the chance to make 1 Goshawk Road your business’s new home.

Corbin Archer of FHP Property Consultants comments: –

“This property offers a great opportunity for businesses looking to elevate their operations. I am thrilled to bring the property to market as its great location close to regional centres and the M1 Motorway and bespoke design offers an exceptional investment for an owner occupier or for investors looking to rentalise the property.”

For further information or to arrange a viewing, please contact Corbin Archer on 07929 716 330 / corbin.archer@fhp.co.uk or Darran Severn on 07917 460 031 / darran@fhp.co.uk

ENDS

November 2023

Amber Business Centre is a popular and well established distribution and manufacturing estate in Riddings, Alfreton, which can be easily accessed via the A38 and A610 dual carriageways linking the M1 motorway at Junction 28.  Units on the estate range in size from 618ft² to circa 50,000ft².

FHP Property Consultants are pleased to have recently completed the lettings of two small industrial/warehouse units at Amber Business Centre.  Further to that, we have placed a further two units under offer in differing size ranges from 618ft² to 1,511ft².  The smaller of the two units was placed under offer before it hit the market showing the strength in demand for smaller units.

The specification on all units at Amber Business Centre includes; 3 phase power, roller shutter loading door, W/C facilities and parking.

We now only have three units left with sizes ranging from 1,131ft² to 1,272ft².

Harry Gamble of FHP Property Consultants comments: –

“I am delighted to have completed these  lettings and even more so as these are my first deals at FHP.  Amber Business Centre receives a huge amount of interest and to have two units completed and two units under offer within the same week is excellent for our client.  Due to current levels of demand for smaller units, I can see the remaining units being placed under offer quickly.”

If you have any further questions or would like to arrange a viewing, please don’t hesitate to contact Harry Gamble on 07398 443 828 / harry.gamble@fhp.co.uk or Corbin Archer on 07929 716 330 / corbin.archer@fhp.co.uk.

ENDS

November 2023

On behalf of private clients, FHP Property Consultants are delighted to bring to the market 6 The Maltsters, Wetmore Road, Burton upon Trent, DE14 1LS.

The Maltsters is situated in Burton upon Trent in a popular industrial location benefitting from easy access to the A38, providing good connections to the neighbouring cities of Derby and Birmingham.

The Maltsters comprises a terraced industrial/warehouse unit providing a warehouse, offices, kitchen and W/C facilities.  The unit benefits from a full height roller shutter door, 3 phase power, roof lights, LED lighting and parking situated in front of the building.

This modern unit is immediately available for occupation on new lease terms at a rent of £18,200 per annum.

Harry Gamble of FHP Property Consultants comments: –

“This unit has been well looked after and is immediately available.  This is an excellent opportunity for any business looking for space around Burton upon Trent.  Most importantly this is a rare opportunity due to be there being a lack of stock in the industrial market, so I can see it getting snapped up quickly.  If you’re interested, then please do not hesitate to contact me to arrange a viewing”.

For further information or to arrange a viewing, please contact Harry Gamble on 07398 443 828 / harry.gamble@fhp.co.uk or Darran Severn on 07917 460 031 / darran@fhp.co.uk.

ENDS

November 2023

FHP are delighted to announce the sale of Brunel House in Newark, a fantastic 27,537ft² unit situated on a 2.65 acre site to local occupier Onebigstar (Holdings) Limited.  This sale shows the freehold market for large industrial premises around Nottinghamshire is still strong and resilient.

Our client, Rotherhill Developments, acquired Brunel House in Newark in March this year and have repurposed the premises and completed a sale to the owner occupier.

Anthony Barrowcliffe, Associate Director of FHP commented:

“Working alongside Will Torr of HEB and Rotherhill has been an excellent experience and I am delighted to have been the one to have found the purchaser.  There was a lot of joint effort put into this transaction and I am pleased with the outcome, not only for the vendors Rotherhill, but also for the purchaser Onebigstar. 

I am delighted that after high levels of interest we could find the right buyer for this building.  This new facility will support a local business’ growth and secure their future.” 

Edward Jeffery of Rotherhill commented:

“This property is an excellent location within an established industrial estate and benefits from strong transport links.  Understanding the local market and demand for good quality second hand industrial space with extensive hardstanding/yard areas, we saw the opportunity to return the property to its originally intended industrial use.  We are pleased to have sold the property to a successful Newark based business.  The building will facilitate their growth and future job creation.”

For further information on this deal or to see how FHP can help you please contact Anthony Barrowcliffe on 07557 972008 or anthony@fhp.co.uk.

FHP Property Consultants are delighted to bring to the market Units 1A and 1B Cossall Industrial Estate, Ilkeston, Derbyshire, DE7 5UA.

Cossall Industrial Estate is situated in Ilkeston, a popular industrial location benefitting from good connections to the neighbouring cities of Derby and Nottingham.  The industrial estate also provides good access to Junction 26 of the M1 motorway via the A610.

This well presented good quality industrial/warehouse unit extends to 16,007ft², and offers clear span accommodation with 3 phase power and an electric roller shutter loading door.  The property is immediately available to let by way of a sub-lease, assignment or new lease.

Darran Severn of FHP Property Consultants comments: –

“I am pleased to bring this warehouse unit to market.  There is currently not a lot of good quality stock available in Ilkeston of this size, and I envisage a good level of interest.  The property itself is in great condition and benefits from a new roof as well as good loading and parking.  The property would suit a variety of uses including storage and distribution, manufacturing or  production.  I look forward to speaking with all interested parties.”

For further information or to arrange a viewing, please contact Darran Severn on 07917 460 031 / darran@fhp.co.uk or Harry Gamble on 07398 443 828 / harry.gamble@fhp.co.uk.

ENDS

November 2023

FHP Property Consultants are pleased to bring to the market Unit 417 Air Cargo Centre, Argosy Road, Castle Donington, DE74 2SA.  Air Cargo Centre is a popular industrial estate in an excellent location adjacent to East Midlands Airport.  The property is equidistant to both Nottingham and Derby and is directly accessed from the A453 which links to Junction 23A and 24 of the M1 motorway and the A50.

The industrial/warehouse unit comprises a mid terrace building providing clear span refurbished accommodation with one roller shutter loading door and three phase power.

The unit extends to 3,717ft² and is available to rent on new lease terms for £37,170 per annum.

Darran Severn of FHP Property Consultants comments:

“Air Cargo Centre has been a very popular estate in recent years with a very low void rate.   We recently let Unit 438 to an established airport user and 419 is currently under offer.  The unit is immediately available for occupation and is suitable for any industrial use.  The main benefit being the proximity of East Midlands Airport with the runway within minutes.  I look forward to speaking with all interested parties.”

For further information or  to arrange a viewing, then please contact  Darran Severn on 07917 460031 / darran@fhp.co.uk

or Corbin Archer on 07929 716 330 / corbin.archer@fhp.co.uk.

ENDS

October 2023

FHP Property Consultants are delighted to showcase a new letting opportunity with a range of different sized units coming to Ecclesbourne Park, Cotes Park Lane, Alfreton, Derbyshire, DE55 4RF.

Ecclesbourne Park is situated in Alfreton on the well-established Cotes Park Industrial Estate.  The four units comprise a range of sizes from 4,323ft² to 9,897ft².   All units provide clear span industrial/warehouse accommodation with lighting, 3 phase power and concrete flooring.  The units benefit from a large turning circle and generous car parking as well as full height roller shutter loading doors.

The industrial estate is well positioned with excellent transport links to the A38 with Junction 28 of the M1 motorway approximately 2 miles east.  The industrial estate is secured by full perimeter fencing.

Harry Gamble of FHP Property Consultants comments: –

“This is a well maintained and secure estate.  Given the location , it is great for many occupiers as it is a short drive to the M1 motorway.  As anticipated, we have already received strong interest in three of the units and we hope to place these under offer very shortly.  The premises  would suit a number of uses from manufacturing, production or storage/distribution.  I look forward to speaking with interested parties.”

For further information or to arrange a viewing, please contact Darran Severn on 07917 460 031 / darran@fhp.co.uk or Harry Gamble on 07398 443 828 / harry.gamble@fhp.co.uk.

ENDS

October 2023

ROL Fredbergs UK Limited, a Nottingham based interiors business, have chosen Teal Park, Colwick as their new home which sees them expand their footprint within the city.  The business is a global company offering a range of products and services that enable inspiring, integrated and sustainable solutions where we live, work, shop and socialise.  ROL globally boasts a range of well-known clients such as Hugo Boss, M&S, H&M, Jysk and McDonalds.

The unit at Teal Park comprises a brand new detached 31,500 sq ft warehouse premises with a large secure yard and forms part of the scheme which provides a 20 unit warehouse and trade park scheme totalling 170,000 sq ft owned by national investor, Northwood Urban Logistics.

The scheme, which was completed in late 2022 has gone from strength to strength with just three warehouse units remaining with good quality interest gathering for the remaining units on the scheme.

Iain Taylor, Director at Northwood Urban Logistics commented:

“We are very pleased to welcome our latest occupier to Teal Park demonstrating that it is appealing to a wide range of occupiers who will be able to adapt the units for a variety of uses.’’

Charlotte Oswin, Head of UK Operations at ROL UK added:

“An exciting time for our UK Team based in Nottingham as we expand our UK business into Unit 3 at Teal Park.  As a new build and a blank canvas, this letting will allow ROL Fredbergs UK to optimise the newly acquired space for efficiency and maximise production thus improving further on the excellent service currently provided to its clients.”

Jimmy McGarvey, Warehouse and Logistics Manager at ROL Fredbergs UK added:

“Myself and the rest of the Team are very much looking forward to moving into Unit 3 at Teal Park, it’s going to make a massive difference to our business and our working environment.”   

Anthony Barrowcliffe, Associate Director at FHP Property Consultants commented:

“We are delighted to have secured this letting to such an excellent quality business in ROL Fredbergs who saw the opportunity to acquire a brand new facility with excellent sized yard areas, ideal for their expanding operations going forwards.  We continue to bring forwards strong interest in the remainder of the scheme and I look forward to announcing further occupiers soon.” 

Philip Sutton and JLL are joint letting agents on the scheme.