On behalf of private clients, FHP Property Consultants are delighted to have recently completed the sale of 1 Goshawk Road, Quarry Hill Industrial Estate, Ilkeston, DE7 4RG which comprises 2,257ft² of hybrid warehouse space.

The property is located in Quarry Hill Industrial Estate, a popular trading estate within Ilkeston. The location provides excellent access to the regional centres of Nottingham and Derby and the wider UK being just 3 miles from Junction 25 of the M1 Motorway. The property itself is a bespoke build as it has been extensively fitted out with two-storey offices and a small storage/ workshop space.

The price achieved breaks down to £104 per ft² achieving an excellent result for our client. We placed the property under offer within two weeks of marketing showing the strong demand for freehold commercial properties of this
size as owner occupiers are still struggling to find buildings that are available to purchase.

Corbin Archer from FHP Property Consultants comments;

‘’I am pleased to have sold 1 Goshawk Road on behalf of a longstanding client of ours. Having received strong interest from the start we were able to place the property under offer in two weeks of marketing showing how strong the demand is for properties in this location and of this size. Even after placing the property under offer, I was still getting constant calls from owner occupiers/ investors wanting to purchase the property as there is such little available in the current market for sale.

Paul Atkins has been a client of FHP’s for over twenty years and it was great to work with him for the first time selling this property for him.’’

“Having recently completed the sale of this property with FHP, Corbin Archer was my contact throughout. He did a brilliant job and stayed focused on progressing the sale and keeping me informed. I have had a professional relationship with FHP Property Consultants for over twenty years and look forward to working with them at some point in the future.”

For any further information on the sale of this property, or if you would like us to market a property, please do not hesitate to contact Corbin Archer on 07929 716330 / corbin.archer@fhp.co.uk or Harry Gamble on 07398 443 828/ harry.gamble@fhp.co.uk.

ENDS

Corbin Archer

April 2024

FHP Property Consultants are delighted to announce that we are bringing to the market a small industrial/warehouse unit in the heart of Derby city centre.

Unit 10 Prime Industrial Park is situated just off Shaftesbury Street on the A514 Osmaston Road, a main arterial road which connects the inner and outer ring roads to the south of the city.  The area is popular for manufacturers, storage operators and trade counter outlets.

The property comprises industrial/warehouse space with two roller shutter doors with access from the courtyard. Internally a mezzanine allows for more storage while underneath there is a small office, W/C facilities and a kitchenette.  The total area comprises 2,045ft².

Unit 10 Prime Industrial Park will be available to let at a price of £12,500 per annum.

FHP are also instructed on Unit 7 Prime Industrial Park, comprising 3,867ft².  This property is situated on the same estate and is currently undergoing a full refurbishment.  It will be available to let within the next few months.

Harry Gamble of FHP Property Consultants comments:

“I am pleased to be bringing to market this affordable industrial/warehouse unit within Derby city centre. There is a lack of availability in the city centre, especially for units of this size and spec.  I therefore expect there to be a good level of demand and I look forward to speaking to interested parties.

For further information or to arrange a viewing at this property, then please do not 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

April 2024

FHP Property Consultants are pleased to be bringing to the market four industrial/warehouse units in Alfreton ranging from 1,194ft² to 7,955ft².  Alfreton is a well-established industrial and distribution location with its great transport links directly off the A38 leading to Junction 28 of the M1 motorway. This connectively allows for local occupiers to reach 90% of the British population within a 4 hour driving distance.

The units available range in sizes and specifications.

We have two small storage warehouse units available at Amber Business Centre in Riddings, Alfreton which enable small businesses to move into their first unit or expand into larger premises. The units are 1,194ft² and 1,240ft² and are available immediately at a rent of £11.00 per ft².

On another established industrial estate in Alfreton, Ecclesbourne Park, we have a mid-ranged industrial/ warehouse unit consisting of 4,501ft² of clear span warehouse accommodation available at a rent of £7.25 per ft².

Lastly, just before Ecclesbourne Park on Garnham Close we have a 7,955ft² industrial/warehouse unit with additional office rooms and cellular storage rooms at a rent of £6.25 per ft².

Corbin Archer of FHP Property Consultants comments:

“We have recently brought all four properties to the market over the last couple of weeks.  All the units are in the same location yet they each offer something different with the size and specification of each unit.  Alfreton is a great location for industrial and distribution occupiers from start-up businesses to established national occupiers and I expect there will be a good level of demand for all four of the units.  If you are interested then please give me a call/ email to discuss in further detail.”

For further information or to arrange a viewing at any of these properties, then please do not hesitate to contact Corbin Archer on 07929 716 330 / corbin.archer@fhp.co.uk or Harry Gamble on 07398 443 828/ harry.gamble@fhp.co.uk.

ENDS

April 2024

On behalf of private clients, FHP Property Consultants are delighted to bring to the market a good quality industrial/warehouse unit located in Garnham Close, Cotes Park Lane, Alfreton.

The premises occupy a convenient position within minutes of Junction 28 of the M1 motorway and close to both Nottingham and Derby city centres, being 16 miles away.  The accommodation provides 7,955ft² of warehouse space with office space and additional storage rooms.  Externally, the property benefits from a roller shutter door and allocated parking.

FHP Property Consultants are marketing the property to rent at £50,000 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 in a popular industrial location for at an adequate rent. The office space available within the warehouse unit is currently being refurbished to a high standard and is expected to be completed in April 2024.  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 443 828 / harry.gamble@fhp.co.uk.

ENDS

Corbin Archer

March 2024

FHP Property Consultants are pleased to have completed a double deal at Wetherby Business Park. The property is located just off Ascot Drive in Derby with easy access to the city centre just 2 miles away.  This is an excellent deal for both FHP Property Consultants and the client as one tenant has taken both an office and an industrial/warehouse unit adding to the mix of occupiers within the business park.

We are constantly talking to potential occupiers who are looking for office space in Derby.  Due to the lack of stock, there aren’t many options for potential tenants to look at so if you’re a landlord and looking to let or sell your property then please do not hesitate to contact me.

Harry Gamble of FHP Property Consultants comments:

‘’It was great to find a tenant that was suitable for these offices, and it was an added bonus that he was going to take an industrial unit as well.  This is a great result for our client, and we now currently only have three offices available to rent.  They range from a size of 97ft² to 1,99ft².  The offices are good quality and present a great space for a business to thrive in.  I wish the new tenant every success in the future.’’

For further information on these vacant offices, or if you would like us to help you find an office of your own, please do not hesitate to contact Harry Gamble on 07398 443 828/harry.gamble@fhp.co.uk.

ENDS

Harry Gamble

March 2024

Construction has commenced at Dove Way, Uttoxeter, a new industrial/logistics site developed by PMW Property.  Dove Way comprises two new industrial/logistics units comprising 37,000ft² and 113,000ft².

Dove Way is situated just off the A50, Uttoxeter between Burton on Trent and Stoke on Trent.   The M6 (J16) is within 20 miles and the M1 (J24) is within 26 miles.

Each unit will benefit from an excellent specification including a glazed entranceway, 15% roof lights, floor slab load 50Kn/m², concrete delivery yard, 10/12 metre eaves and a mix of level and dock level loading doors.  The developer is targeting a BREEAM assessment of Excellent.

The units will be available for occupation later this year and are available to purchase or lease.

Joint agents Darran Severn of FHP Property Consultants and Phil Randle of Salloway commented:

“You cannot miss this structure as you drive along the A50, Uttoxeter and it is great to see the steel frames going up so quickly.  Uttoxeter is a well connected location close to Stoke, Derby and Burton. This is an exciting development for Uttoxeter and the region and the units themselves would equally suit a logistics or manufacturing business. 

Please do get in touch with us if you have any further questions or would simply like to walk the site in the first instance”.

For further information or to arrange a viewing please contact Darran Severn on 07917 460031 / darran@fhp.co.uk or Tim Gilbertson on 07887 787893 / tim@fhp.co.uk or our joint agent Phil Randle on 07970 293740 / phil@salloway.com.

Darran Severn

March 2024

Amber Business Centre is a popular well-established distribution and manufacturing estate in Riddings, Alfreton. The units here are being snapped up very quickly which is evident by the recently completed letting of 14.1 Amber Business Centre.

This small industrial/warehouse unit comprises 1,272ft² and clear span warehouse accommodation.  The unit also benefits from an electric roller shutter door, 3 phase power and W/C facilities.

The centre enjoys a prime location offering easy access 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.

Harry Gamble of FHP Property Consultants comments:

‘This is a great achievement for both FHP and our clients and I am proud to keep on finding tenants for their well fitted industrial/warehouse units.  The strength in demand for small units in Derbyshire is very high and I can see the remaining units being occupied in the not too distant future.

Amber Business Centre is nearly full, although we currently have two units left ranging from 1,272ft² to 1,517ft².’’

For further information or 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 716 330 / corbin.archer@fhp.co.uk.

ENDS

Harry Gamble

March 2024

On behalf of a private client, FHP Property Consultants are delighted to bring to the market Lucinda House, a modern industrial/warehouse unit situated within Sherwood Business Park, Nottingham, NG15 0DR.

Lucinda House forms part of Sherwood Business Park, just 5 minutes from Junction 27 of the M1 motorway.  The property sits on a self-contained site with parking to the front and a large service yard to the rear.  The accommodation provides a mixture of clear span warehouse space, production and packing areas, mezzanines and high quality offices with canteen and staff amenities.

The premises totals approximately 7,351m² (79,128ft²) plus an additional 2,997m² (32,259ft²) by way of a high quality mezzanine.

The property is immediately available to purchase.

Darran Severn of FHP Property Consultants comments:

“There are few opportunities to purchase good quality existing industrial/warehouse units across the East Midlands, particularly over 50,000ft².  We are therefore anticipating that we will receive good interest from local and regional businesses.  The property itself provides excellent accommodation and has seen significant investment in recent years.  It would suit a number of uses including manufacturing, production or storage and distribution.  I look forward to speaking with any interested businesses.”

For further information or to arrange a viewing please contact Darran Severn on 07917 460031 or email darran@fhp.co.uk or Tim Gilbertson on 07887 787893 or email tim@fhp.co.uk.

Darran Severn

March 2024

On behalf of private clients, FHP Property Consultants are delighted to have recently completed the letting of Unit 5 Spectrum Business Park, McGregor’s Way, Chesterfield, S40 2WB which comprises 3,132ft² of industrial/warehouse space.  This unit benefits from office space, a brand-new kitchen, and a small mezzanine.

Spectrum Business Park is located just south of Chesterfield and comprises a series of high quality industrial/warehouse units.  Tenants benefit from a shared yard and easy accessibility to the A61 and A617 leading to Junction 29 of the M1 motorway.

This letting has been an excellent result for our client achieving £11.50 per ft².  Within a month of marketing, we managed to find a tenant, agree heads of terms and get them in 2 weeks later.

Harry Gamble from FHP Property Consultants comments;

‘’I am delighted to have completed the letting of Unit 5, Spectrum Business Park on behalf of a new client.  This is a great achievement for myself as I have seen this letting through from the inspection all the way to the completion.

Spectrum Business Park is a prime destination for businesses seeking to expand and thrive in their workspace and with these new units that are going to become available, I look forward to working with our client and seeing the build of these new high quality warehouse/industrial spaces.

Due to the demand of smaller units in the Derbyshire and Chesterfield area, I can see a lot of interest being placed on these industrial/warehouse units.’’

Due to this success at Spectrum Business Park, we are looking to deliver further units which should be available in Q1 2025.  I am excited to be involved with this project and looking forward to working with our client again.

For any further information on these new units, or if you would like us to help you find a unit of your own, please do not hesitate to contact Harry Gamble on 07398 443 828/ harry.gamble@fhp.co.uk.

ENDS

Harry Gamble

March 2024

Dove Valley Park is a major 200 acre industrial/distribution development at the centre of one of the country’s most important manufacturing areas.  It provides over 1.75 million sq. ft. of accommodation and current occupiers include JCB, Top Hat, GXO, Müller, Futaba Industrial and Truma.

The last development on Dove Valley Park saw 196,000ft² built and there are currently two further speculatively built industrial/distribution units comprising 113,000ft² and 152,000ft² under construction.  With practical completion imminent, international real estate firm Hines have appointed FHP Property Consultants as joint agents with Cushman & Wakefield on the scheme.

The three units provide high class new industrial and logistics space benefiting from an impressive specification including 12m eaves, dock level and level access doors, PV ready frame, EV car parking spaces, 55m service yard and a 500 –  750 kVA electrical supply with the ability to upgrade.

DVP 196, 152 and 113 are immediately available to rent on new lease terms.

Darran Severn, Director at FHP Property Consultants commented:

“We are delighted to come on board with the marketing of Dove Valley Park with Cushman & Wakefield to create further interest in this outstanding scheme.  DVP is a substantial industrial park situated within a strategic location on the A50 between the M1 and M6 Motorways.  The success of the park is evident by the existing mix of occupiers already situated here.

We will be looking to raise the awareness of Dove Valley Park throughout the region particularly with nearby occupiers in Derby, Burton upon Trent and Stoke on Trent.  The units themselves benefit from B2 and B8 planning and would equally suit a logistics or manufacturing business.  I look forward to showcasing these units and would be more than happy to discuss the opportunities at Dove Valley Park with any interested parties.”

Tom Kimbell, Partner at Cushman & Wakefield commented:

“Dove Valley Park is a proven industrial and logistics park with excellent connectivity across the East and West Midlands.  We are delighted to be acting on behalf of Hines and these new speculatively built units provide an excellent opportunity for any expanding manufacturing or distribution company within the region.

We look forward to working alongside FHP Property Consultants to generate interest in the scheme.”

Mickey Scott of Hines commented:

“We are delighted to be delivering high quality space with strong ESG credentials to the local market and look forward to working with FHP Property Consultants and Cushman & Wakefield on securing tenants and contributing to the growth of the local economy.

For further information on the availability at Dove Valley Park, please contact Darran Severn on 07917 460031 or email darran@fhp.co.uk or Tim Gilbertson on 07887 787893 or email tim@fhp.co.uk or contact our joint agent Tom Kimble on 07920 005471 or email tom.kimble@cushwake.com.

ENDS

Darran Severn

8 March 2024

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