“We first dealt with Amy back in May when she came out to look at our building and lettable space.  Amy gave us some advice and then a proposal for FHP, Amy in particular, to manage the letting. We were really pleased with how professional and efficient Amy was, there was little contact as the contact we had covered everything clearly.  Being busy in business, this made the transaction easy to understand and easy to manage and it was clear what the next steps were, so I didn’t need to waste time constantly chasing and calling Amy. Amy literally ironed out a tenancy before we went to press, saving us money and time.

This was the most impressive thing for us from the support received by Amy and FHP, as we just wanted a really swift and stress free transaction and Amy provided this. Should we ever need to let another space, I will not hesitate to call Amy first”.

FHP are delighted to confirm the successful letting of Unit 7 Churchill Business Park which was an off-market deal to JMKB Ltd.

Churchill Business Park is located within the well-established Colwick Industrial Estate, a popular commercial location that is home to a range of national and regional occupiers including Hunter Douglas, MKM Ltd and Jewson, amongst others. The estate benefits from excellent connectivity, situated approximately four miles east of Nottingham City Centre and offering direct access to the A612 (Colwick Loop Road), one of Nottingham’s key arterial routes. This strategic location also provides convenient links to Junctions 24 and 25 of the M1 Motorway, enhancing accessibility for both staff and clients.

Unit 7 comprises a modern, two-storey, self-contained office building constructed of brick elevations beneath a pitched, cladded roof. Internally, the space offers a combination of cellular and open-plan layouts, designed to accommodate a variety of working styles. The property also includes five designated car parking spaces, a valuable asset for office occupiers in their search.

Amy Howard, surveyor at FHP Property Consultants commented:

“It was a pleasure to secure this off-market deal on behalf of our client. Given the extended marketing periods seen with other offices on the estate, it was particularly rewarding to achieve a letting with minimal vacancy. JMKB Ltd were actively seeking office space and Unit 7 met their requirements, making it a mutual benefit for both parties.

With renewed momentum in the office market across Colwick and the surrounding areas, especially as we look to bring the summer holidays to a close, this transaction highlights the continued demand for well-located, out-of-town office accommodation, principally those with strong transport links and proximity to Nottingham city centre. We are seeing clear signs that occupiers remain keen to secure quality space in accessible locations.”

Our client commented:

“We first dealt with Amy back in May, when she came out to look at our building and lettable space.  Amy gave us some advice and then a proposal for FHP, Amy in particular, to manage the letting. We were really pleased with how professional and efficient Amy was, there was little contact as the contact we had covered everything clearly, being busy in business this made the transaction easy to understand and easy to manage and it was clear what the next steps were, so I didn’t need to waste time constantly chasing and calling Amy. Amy literally ironed out a tenancy before we went to press, saving us money and time.

This was the most impressive thing for us from the support received by Amy and FHP, as we just wanted a really swift and stress free transaction and Amy provided this. Should we ever need to let another space, I will not hesitate to call Amy first”.

If you are looking to dispose of your offices on a freehold or leasehold basis and require some further advice, please contact me on 07887 787894 or alternatively you can email me at amy.howard@fhp.co.uk.

ENDS

Amy Howard

29 August 2025

FHP are pleased to announce the successful sale of H7 Ash Tree Court, representing the third transaction completed on the estate within the past four months. Ash Tree Court comprises two terraces of 14 self-contained, contemporary, two-storey office suites. Situated within Nottingham Business Park, one of the city’s most prominent out-of-town office locations, the estate benefits from excellent connectivity, just 0.5 miles from Junction 26 of the M1 Motorway. It offers generous car parking provisions alongside convenient access to public transport links, including NET tram stops and local bus routes.

Recent activity on the estate includes:

G6 Ash Tree Court – a 2,103 sq ft office suite let to When You Wish Upon a Star Ltd, a children’s charity who were seeking a well-connected and accessible location. After considering both city centre and out-of-town options, Ash Tree Court was identified as the ideal fit. G6 attracted strong interest throughout the marketing, further demonstrating the estate’s appeal.

H2 & H3 Ash Tree Court – an off-market investment sale completed on behalf of a retained client. The properties, currently let to Primary Integrated Community Services Ltd, comprised 3,809 sq ft with generous parking. The off-market deal was quickly identified as a suitable option following early discussions with another client who were seeking office investment sales. The transaction was concluded swiftly and at a competitive price, delivering a positive outcome for all parties involved.

H7 Ash Tree Court – the most recent transaction, an investment sale comprising 2,522 sq ft and let to JLA Ltd, was successfully secured following strategic pricing revisions. These adjustments were made after detailed discussions with our client to ensure the price more accurately reflected current market conditions for office investments. The revised approach generated renewed interest, resulting in a successful sale at a Net Initial Yield of 8.2%.

Amy Howard, surveyor from FHP Property Consultants, commented:

“It has been a great opportunity to work on Nottingham Business Park over the years and secure these three latest deals. With a mixture of lettings, sales and investment, it has certainly been popular and demonstrates that demand remains for small office occupiers.

The success of these transactions highlights the sustained demand for well-connected out-of-town business parks. Proximity to key transport links and ample on-site parking remain critical factors for office occupiers when selecting suitable accommodation.

It is an excellent result for all our clients involved, and I look forward to seeing further growth on the park and continuing to enhance rental and capital values.”

If you are looking to dispose of your offices on a freehold or leasehold basis and require some further advice, please contact me on 07887 787894 or alternatively you can email me at amy.howard@fhp.co.uk

ENDS

Amy Howard

22 August 2025

FHP are excited to bring 9 Poplars Court to market.  Located on Lenton Lane within a well-established business location the office suite is available for both a freehold and leasehold purchase, with the preference for freehold disposal.

Poplars Court is a popular business destination comprising two terraces of office suites arranged over ground and first floors, complete with dedicated parking.  The site is securely fenced and gated, offering excellent connectivity just 1.5 miles west of Nottingham city centre and close to Junctions 25 & 26 of the M1 Motorway. In addition to strong road links, the property benefits from proximity to the Gregory Street NET tram stop, providing direct access to the city and surrounds.

The suite itself is well presented throughout, featuring modern specification and fitted meeting rooms on both floors. Offering 1,378 sq ft of a mix of cellular and open plan space it is ideally suited for small start-ups or businesses looking to downsize while remaining close to the city centre.

Amy Howard, Surveyor at FHP Property Consultants commented:

“It is encouraging to see a freehold office opportunity in Nottingham, especially given the limited supply in the market. Small freehold offices are particularly limited and we anticipate strong interest in this property.  its flexible layout makes it suitable for a wide range of occupiers, offering adaptability and convenience in a prime location.”

The property is available on a leasehold basis for a term of years to be agreed at a quoting rent of £23,500 per annum. It is also available on a freehold basis, for a sale price of £280,000.  For further information on the offices or if you would like to arrange a viewing please feel free to call me on 07887 787894, alternatively email me at amy.howard@fhp.co.uk.

Network Plus who deliver essential utility and infrastructure services for the UK’s major providers of gas, power, telecoms, transport, water and waste water, have relocated to new offices at Brunel House within RTC Business Park, Derby.

The business has taken over 10,000ft² within London & Continental Railways’ RTC Business Park.  The new offices offer modern open plan accommodation and benefit from the on-site facilities within the business park which include a refurbished campus, restaurant/catering facility and a variety of conference rooms.

Darran Severn, Director at FHP Property Consultants comments:

“Pleasingly, there has been good activity within the office sector across Derby this year, and this is one of a number of office lettings over 10,000ft². As a result there is a limited availability of space particularly over 5,000ft².   We are continuing to see businesses relocate to better quality office space that can boost creativity, collaboration and employee wellbeing. 

We have further space available within the business park and would be delighted to speak with any other businesses that require office accommodation across Derby.”

Steve Squire, Executive Director at Network Plus comments:

“Choosing the right location was the first step. We sought an address that was not simply a place to work, but one that suited the needs of our staff. The search took us through numerous neighbourhoods, each with their own unique characteristics. Eventually, we found a building that resonated with our needs and had the additional facilities to make the workplace an enjoyable and comfortable experience. Thank you for the speed and accommodating attitude that made the transition easy.”

For further information or to discuss your office requirement then please contact Darran Severn on 07917 460 031 or darran@fhp.co.uk.

ENDS

July 2025

“This is the second property we have engaged with FHP.  From arranging the initial viewing to official handover, Amy was pro-active and supportive throughout the process.  Without such valuable assistance, we wouldn’t have been able to pre-plan the site for our needs, which has enabled a quicker transition over to the premises and minimised lost time.  For this, we are grateful to FHP and will continue to work with them in the near future.”

FHP Property Consultants are pleased to announce the successful completion of an off-market transaction involving Units 10-12 Glaisdale Point, Nottingham.  The units were swiftly let to Ziztel Ltd, having gone under offer within the first week of becoming vacant.

Glaisdale Point is prominently located within the established Glaisdale Industrial area, approximately 3 miles west of Nottingham City Centre, just off Glaisdale Parkway.  The site benefits from excellent connectivity, situated 1.5 miles west of the A6514, providing convenient access to Junction 26 of the M1 Motorway.  The estate is home to a number of occupiers including Royal Mail, Advavnex and Hunter Douglas.  Units 10-12 comprise a total of 22,310 sq ft of high-quality industrial/warehouse accommodation, incorporating both ground and first floor office space and are set within a securely fenced and gated yard.

Ziztel Ltd, who previously acquired a unit through FHP in 2022, required larger premises to support their continued business expansion.  Having been actively searching the market for some time, FHP were able to present this off-market opportunity, which was promptly secured following an initial viewing.

Nick Blach, Operations Manager at Ziztel Ltd commented:

“This is the second property we have engaged with FHP.  From arranging the initial viewing to official handover, Amy was pro-active and supportive throughout the process.  Without such valuable assistance, we wouldn’t have been able to pre-plan the site for our needs, which has enabled a quicker transition over to the premises and minimised lost time.  For this, we are grateful to FHP and will continue to work with them in the near future.”

Acting on behalf of our retained client, we are delighted with the outcome of this letting, which achieved a new headline rent for the estate.  Additionally, a further unit comprising 15,762 sq ft is currently under offer, reflecting the strong demand and continued success of the site.  Unit 3, offering 10,559 sq ft, will be brought to market in the coming weeks at a quoting rent of £84,472 per annum.

Amy Howard, Surveyor at FHP Property Consultants commented:

“It has been a pleasure to work on Glaisdale Point over the past 18-months and to witness the uplift in headline rents and the quality of the units through ongoing refurbishment phases.  We had a range of units available, and it is encouraging to see strong levels of interest and successful lettings of these units.  The refurbishment programme has clearly demonstrated that rental values can be enhanced, a trend we are observing across several estates in Nottingham.

This transaction represents an excellent result for our client, following the earlier completion of Unit 5 and with another unit currently under offer.  It was a pleasure to work with Ziztel once again and to assist them in securing a property that meets their evolving requirements, a positive outcome for all parties involved.”

For further information on the remaining unit or if you are seeking an industrial space and would like a helping hand, please feel free to contact me on 07887 787984 or email me at amy.howard@fhp.co.uk.

ENDS

Amy Howard

25 July 2025

“We had a smooth professional experience with Amy and FHP. We appreciate how they kept us updated with new office options in the market and continued to work with us to secure our new space. They have also dealt with our existing offices and they have been efficient in keeping us regularly updated and managing viewings. Overall, we would be happy to work with FHP again.”

FHP is pleased to announce the successful letting of a newly refurbished first floor office suite to DSL Systems Ltd. 1 Priory Court comprises two semi-detached office buildings, each subdivided into ground and first-floor suites. The recently let first-floor suite offers 2,798 sq ft of open plan office accommodation, including several fitted meeting rooms, along with self-contained WC and kitchenette facilities.

Strategically located just off the A52 one of Nottingham’s principal arterial routes, Priory Court benefits from excellent connectivity, including direct access to J25 of the M1 Motorway. The property benefits from a prominent roadside position, ample on-site parking and is within close proximity to Nottingham city centre.

Our retained client is delighted with the outcome of this letting and the new headline rent achieved following the refurbishment, which FHP advised on throughout the marketing process. This result highlights the value of targeted capital investment in commercial property. The client is equally pleased to welcome DSL Systems Ltd as a new occupier and looks forward to building a strong working relationship with them.

DSL Systems have been actively seeking high-quality office space in Nottingham to support their expansion plans. After viewing several properties with FHP, they identified 1 Priory Court as the ideal fit for their operational requirements. A manager from DSL Systems commented:

“We had a smooth professional experience with Amy and FHP. We appreciate how they kept us updated with new office options in the market and continued to work with us to secure our new space. They have also dealt with our existing offices and they have been efficient in keeping us regularly updated and managing viewings. Overall, we would be happy to work with FHP again.”

The ground floor suite, also comprising 2,798 sq ft, is currently available and scheduled for refurbishment. The space benefits from 12 designated car parking spaces and we are quoting a rent of £41,500 per annum.

For further information on the letting or to discuss your property requirements, please feel free to contact me on 07887 787894 or alternatively you can email me at amy.howard@fhp.co.uk.

ENDS

Amy Howard

24 July 2025

CEG has secured tenant, KPMG, for a further five years in a letting of 7,500 sq ft of East West in Nottingham. KMPG has relocated from two studios, almost doubling in size as it takes a new office on CEG’s Let Ready custom-build, full turnkey basis.

Marc Abrams, Senior Office Partner at KPMG UK’s Nottingham office said:

“Our new office in the East West building – right in the heart of Nottingham City Centre, delivers a first-class facility for our team.  With more meeting rooms, communal areas and a dedicated event space all situated on one floor, this contemporary and innovative set up will promote a more collaborative working environment.

This marks a new and exciting chapter for us in the region, and we’re looking forward to welcoming clients and contacts to our new home over the coming weeks.”

CEG delivered a full turnkey solution for KMPG as part of the professional services company’s expansion plans. A bespoke office design was created with the interior fit out delivered by The Ultimate Group.

Alex Goode, Investment Manager at CEG, said:

“We’re delighted to welcome the KPMG team to East West.  The Let Ready custom offer has enabled the company to move into a unique, contemporary space as part of a full turnkey solution.  The quality of the space, and its fantastic central location means we continue to lead the way in terms of rental values in the city.”

CEG has delivered a £7 million refurbishment of East West on Maid Marian Way in Nottingham, securing a raft of deals.

Mark Tomlinson Director at FHP, the letting agent for East West, said:

“We’re continuing to see a clear flight to quality in the office market, as occupiers prioritise high-quality, well-located, and amenity-rich workspaces that support both productivity and staff wellbeing.  The letting of 7,500 sq ft to KPMG at East West is a prime example of this trend.

 We are now achieving rents in excess of £26 per sq ft within the building, with occupier interest on new spaces coming forwards in excess of this level, underlining the continued demand for the best quality office accommodation in Nottingham City Centre.”

East West offers an on-site Life Team dedicated to making occupiers’ lives easier and healthier.  They, along with the dedicated Life app, help to arrange client events hosted in the café space, and catering for the events through the independent café helping to create a more collaborative and productive community.

CEG’s Let Ready provides fully-furnished flexible space, offering desks from 2 – 200 people on all-inclusive leases.  The Let Ready Custom offers a more bespoke service, designing, specifying and sourcing a project managing unique office to meet tenant’s requirements.  As well as managing the fit out, the cost is amortised within the lease, so the tenant has no risk and no upfront costs.

Concentrix Corporation (NASDAQ: CNXC), a global leader in technology and services, has relocated to new offices at Cardinal Square in Derby. This move signifies their commitment to fostering a modern and thriving workspace while remaining an integral part of the Derby community.

The business has taken over 6,000ft² within Nurton Developments’ landmark office scheme, relocating its people just a short distance from its previous base. The new location offers a vibrant setting designed to boost creativity, collaboration and employee wellbeing.

The relocation is part of Concentrix’s continued commitment to the city and investment in high-quality, well-located workspaces. The newly leased space has undergone a significant fit-out to create a modern and accessible working environment for Concentrix’ Derby team, with Luke Torr, Associate Director, UK Region Real Estate explaining:

“The central Derby location was key to our decision. Cardinal Square not only allows us to maintain our roots, but also provides a high-quality, modern workspace that embraces an inspiring workplace culture.

The hidden green oasis at the heart of the scheme complete with table tennis, pétanque, and outdoor meeting pods adds immense value by promoting wellbeing and supporting our goal to attract and retain talent.

“By choosing Cardinal Square, we were able to continue to anchor our presence in Derby, offering seamless access to excellent local amenities that enhance employee lifestyle. As we settle into this innovative space, we look forward to fostering an environment that propels our people forward.”

David Dyas, Asset Director at Nurton Developments, said:“We’re delighted to welcome Concentrix to Cardinal Square to help retain them in the city. We’ve struck up a really good working relationship and their decision to relocate here reflects our flexible approach to securing lettings and the ongoing demand for well-situated, high-specification office space in Derby.

“Their new offices offer room for growth and reflect their global status as an innovative and forward-thinking business who is willing to invest significantly in the future of the company and its people.”

Cardinal Square, a prominent office building situated on the ring road at the edge of Derby city centre, has proven a popular choice for occupiers thanks to its central location, quality refurbishment programme, and excellent on-site parking.

Darran Severn, Director at FHP Property Consultants, who acted as joint letting agent on the deal alongside Innes England, added:“There is a definite drive from occupiers seeking better quality office space across the city of Derby. Within the last nine months we have let over 13,000ft² within Cardinal Square to local Derby businesses and we have a further 2,271ft² currently under offer, with space for further companies looking for room to grow.”

Concentrix joins a growing number of established Derby firms choosing Cardinal Square for its convenience and contemporary workspace offering including Bulkhead, Freeth’s, City Fibre, FTT, Randd, Astute, FHP, Smile Bright, and the NHS.

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

ENDS

July 2025

It was great to take part in such an insightful debate recently, I participated in the Round Table Debate hosted by Nelsons & Marketing Derby discussing the feasibility of bringing new build Grade A office space into Derby city centre.

We explored how it was possible, why it hasn’t been done yet taking into consideration rental values and build costs and the benefits of having high quality offices in the city centre which will only help to increase footfall and rejuvenate the high street. it was great to listen to different viewpoints & experiences from the panel and take part in such a discussion.

One of the key themes that emerged from our discussion was that there is demand for high quality offices and mixed-use space within the city centre the issue is funding these projects which is where collaboration becomes essential. I discussed current rental values for offices in Derby and the build costs to construct Grade A offices with their being a significant gap between the two ultimately providing the main reason as to why Grade A offices have not been built in the City Centre. The only solution is getting public support to help bridge this gap whether through gap funding or a joint venture between the council and private investor to build the space because from an investors perspective the rental tone is not there to justify the cost of developing such a scheme.

That being said, taking part in this debate is a good sign that Derby is ready to have the conversation of bringing such an opportunity to the city centre as there are certainly many positives of being able to offer Grade A space into the city centre. Developing such a project would act as a catalyst in the city centre as a large concentration of people will be working daily in the centre helping to bring life back to the high street through workers getting their lunch, having informal meetings in the coffee shops and having a drink after work. The surrounding areas would reap the benefits of having this offering and it will ultimately help attract more investment and people back to the city centre following shift of consumer habits and the majority of Derby office occupiers being based on Pride Park. 

I look forward to hopefully hearing more positive news later in the year regarding this topic of bringing Grade A offices to the city centre following the Derby Property Summit. 

For further information please contact Corbin Archer on 07929 716 330 / corbin.archer@fhp.co.uk.

FHP are pleased to announce the successful letting of Building One at The Phoenix Centre, situated within the well-established Phoenix Business Park in Nottingham.  Acting on behalf of private clients, FHP has secured a new occupier for the 10,000 sq ft detached office building.

This latest transaction marks a continuation of a strong performance within the Nottingham office market during the first half of 2025, with FHP alone having agreed over 140,000 sq ft of deals in the year to date.

Building One at The Phoenix Centre offers high-quality, modern office accommodation within a short walk of the tram terminus and was marketed on a fully fitted basis—an increasingly attractive proposition for occupiers seeking turnkey solutions.

Mark Tomlinson, Director at FHP, commented:

“We are seeing a shift in market sentiment, with the wave of occupier rationalisation beginning to subside, as a result, we are seeing an upward trend in the average office deal size, with the average transaction size for the first half of 2025 representing a 40% increase on 2023.

Demand for best in class space remains, with the continued flight to quality among occupiers. This trend is expected to continue, highlighting the importance for landlords to present office buildings to the highest standards. The letting of The Phoenix Centre is a clear example of how well-presented, high-specification office space continues to attract strong interest from occupiers.”

The landlord is a private client of Tim Harries & Partners, who were joint agents in the letting, and Tim Harries added:

“My clients are long term investors who have retained ownership of a number of good quality office buildings in strategic locations as an integral part of a balanced regional portfolio, and this latest letting returns the portfolio to 96% occupancy by income.  This is expected to hit 100% occupancy by year end as business confidence continues to stabilise and new lettings complete.”

On behalf of private clients, FHP Property Consultants are pleased to offer high quality office space at the well-established RTC Business Park on London Road, Derby, DE24 8UP.

This prominent location is approximately half a mile from Derby Railway Station—a short 10-minute walk—and two-thirds of a mile from Derby City Centre. The site offers strong regional connectivity, situated just five miles west of Junction 25 of the M1 motorway via the A52 dual carriageway, which also provides direct access to Nottingham.

Derwent House offers modern, open plan office accommodation, featuring suspended ceilings, perimeter trunking, large open floor plates and 24-hour on-site security. Occupiers benefit from unlimited car parking, including electric vehicle charging points, and access to a recently refurbished on-site café and restaurant, offering hot meals at subsidised prices for tenants. There is also a conference suite on site that can accommodate 50+ people, bookable free of charge when catering is provided.

Additional amenities include large green breakout areas across the campus including a koi fishpond, which provides informal meeting spaces for its tenants, helping to create a relaxed working environment suitable for the modern tenant.

The RTC Business Park has remained a popular choice for occupiers who value quality and amenities. Recent activity at the park has included a number of existing tenants choosing to upsize and relocate within the estate, demonstrating a strong desire to remain on site, underlining ongoing tenant satisfaction with the quality of space and facilities offered.

Across Derby, the demand for high quality office accommodation remains strong, with a lack of suitable Grade A space in the City Centre pushing many occupiers to look slightly further afield. With transaction times now typically between 6 to 9 months, businesses are taking longer to secure the right space—highlighting the importance of availability in well-connected, serviced locations such as RTC Business Park.

Corbin Archer of FHP Property Consultants comments:

“We continue to see good demand for well-located, high-quality offices across Derby. RTC Business Park offers an attractive option for businesses who want modern accommodation, excellent facilities, and strong transport links. The fact that many existing occupiers are choosing to stay and grow on site reflects the quality of the offering here.”

For further information 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

Corbin Archer

June 2025

With a strong background in the industrial and office sectors across the West Midlands, I’ve also gained valuable experience in retail, land, and development projects. Over the years, I’ve advised a wide range of clients on both disposals and lettings, including well-known organisations such as UPS, Mileway, London & Cambridge Properties, Coventry City Council, Frasers Group, IM Properties, Complex Development Projects, and the National Trust.

Prior to my current role, I worked in both Agency and Property Management at Bromwich Hardy, where I developed a well-rounded understanding of the property lifecycle and the needs of both landlords and occupiers. Originally from Melbourne, Australia, I relocated to the UK in 2020 and have since built a strong network and deep local knowledge of the West Midlands commercial property market.

On behalf of private clients, FHP Property Consultants are delighted to bring to market 38 Royal Scot Road, Derby, DE24 8AJ.

The property is situated located on Royal Scot Road, which is accessed off the main A6 (Pride Parkway) at the Derby Audi  roundabout. Pride Park is Derby’s premier business address with over 10,000 people working at this location every day. The location offers excellent accessibility to Junction 25 of the M1 and East Midlands Airport via the A50.

The property comprises a two-storey modern office building which provides part of the ground floor and all of the first floor. The ground floor provides a small front facing room that can be suitable for an office/ meeting room or storage space.  There is also a separate corridor that provides additional storage space, kitchen and WC’s. The first floor provides open plan office accommodation with two cellular office rooms, a small kitchen and a W/C.

Pride Park has long been a popular choice for businesses in Derby since it was developed over 25 years ago, and it quickly has become the premier office location in the city.  It continues to be the primary choice for the majority of businesses we speak with today and accommodation on Pride Park typically comprises standalone office buildings, ranging in size from 1,000ft² to those well over 20,000ft².

The property is available at a rent of £14,950 per annum.

Corbin Archer of FHP Property Consultants comments:

“There remains very little available stock on Pride Park and as a result we are ongoingly speaking with a number of established businesses that require offices in this location. These offices aren’t available until September but given the lack of availability, there is clearly good demand at present due to this shortage in supply. If you are interested please get in touch.”

For further information about this site or to arrange a viewing please contact Corbin Archer on 07929 716 330 / corbin.archer@fhp.co.uk.

ENDS

Corbin Archer

April 2025

Acting on behalf of Nottingham College, FHP has recently represented the college in the sale of the Arthur Mee Centre in Stapleford.

Following completion of the college’s new £5.4 million purpose-built centre for students with learning difficulties and/or disabilities (SLDD) named ‘The Gateway’, FHP has concluded the sale of the Arthur Mee Centre.

The funds raised from the sale have contributed towards this bespoke Grade A facility located at the college’s Basford site. The Gateway centre for supported learners opened in February 2025 and provides the very latest standards in specialist teaching and learning resources for special educational needs education.

Phil Daniels of FHP commented:

“The Arthur Mee Centre, a former Victorian school property, comprised nearly 20,000ft² on 1.6 acres and proved very popular when we launched it onto the market.  

We had strong interest from a range of parties including developers and existing users but in particular from the private educational sector.  The property was sold to the Outcomes First Group, a provider of special educational needs training.” 

Gary McGinty, Head of Estates and Capital Development at Nottingham College commented:

“We thank FHP very much for their support on the sale of the Arthur Mee Centre.  We achieved a great result which will benefit our supported learning students at Nottingham College.  A great job efficiently executed by the team at FHP.” 

The purchaser, Outcomes First Group, were represented by Jack Murray at Jaxxons Group, a specialist surveyor representing businesses in the special educational needs sector.

Pride Park has long been a popular choice for businesses in Derby since it was developed over 25 years ago, and it quickly has become the premier office location in the City.  It continues to be the primary choice for the majority of businesses we speak with today and accommodation on Pride Park typically comprises standalone office buildings, ranging in size from 1,000ft² to those well over 20,000ft².  Some of these buildings are now close to 25 years in age and range in appearance and specification, some being refurbished to a modern day standard with raised floors, air conditioning and LED lighting, with others being somewhat dated.

There remains very little available stock on Pride Park and as a result we are ongoingly speaking with a number of established businesses that require offices in this location, some of which have been looking for 12 – 18 months plus.  There is clearly good demand at present due to this shortage in supply.

Over the past twelve months, there has been a notable increase in the supply of offices between 1,000 and 3,000ft² but there is a lack of available space over 3,500ft².  There have been a couple of larger building brought to market and pleasingly these have been placed under offer quickly.  Edward Lloyd House, a detached 9,700ft² office, was placed under offer within one week of it being placed on the market.  In addition, a 13,000ft². building on Centro Place has also recently been placed under offer following a short marketing period.

Typical office rents on Pride Park range from £12.50 per ft² for second hand un-refurbished space to £16.50 per ft² for some of the better modern space on Pride Park.  Rental levels have largely remained unchanged over the past 10 years albeit we are seeing signs of growth with headline rents hitting £18.00 per ft².

To put this in to perspective, to facilitate a new build office, a rent in the region of £25 per ft² is required (subject to specification).  If rental tones continue to rise we hope to see new Grade A offices being built but at present the gap between existing and new is too far apart.

There are several key reasons why Pride Park remains the top choice for office occupiers these include:

Detached HQ Buildings – Many occupiers are specifically seeking detached, self-contained buildings that give them full control over their workspace and branding/ signage. Pride Park offers a selection of high-quality standalone office buildings, which are very attractive compared to multi-let office environments.

Location & Connectivity – Situated just minutes from Derby city centre and with easy access to the A52 and M1, Pride Park offers excellent transport links, making it a great location for regional and national businesses. Derby railway station is also within close proximity, providing easy access to London and other major UK cities.

Excellent Parking Provisions – Unlike many city centre locations where parking is a challenge, Pride Park offers businesses the advantage of ample on-site parking.

Overall, the Derby market is healthy and there are a good number of deals being done and a selection of high quality buildings for business to look at.  Rents are still sensible, but with any new build options some time away and supply diminishing, we could see these rents edging up.

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

On behalf of private clients, FHP Property Consultants are delighted to bring to the market Edward Lloyd House, 8 Pinnacle Way, Pride Park, Derby, DE24 6SZ.

Edward Lloyd House is a high quality two storey detached office building situated on Derby’s premier business park.  The offices are finished to an excellent specification and extend to approximately 901m² (9,700ft²) including open plan offices, reception, meeting rooms, kitchen and W/C facilities.

The property is available to let on new lease terms at a rent of £175,000 per annum.

Darran Severn of FHP Property Consultants comments:

“I am pleased to place this property on the market.  Edward Lloyd House was one of the final buildings to be built on Pride Park and offers high quality accommodation.  The accommodation consists of an existing fit out and is immediately available for occupation.  It’s located conveniently close to Derby train station and other amenities on Pride Park.

Due to a lack of available options, I envisage good interest and am already speaking with a couple of parties, therefore I do not think it will be long before this property is placed under offer.”

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

ENDS

Darran Severn

February 2025

On behalf of private clients, FHP Property Consultants are pleased to be marketing the offices at The Old Coal Yard, North Wingfield Road, Grassmoor, Chesterfield, S42 5EA.

This exciting new project situated in Grassmoor comprises 4,622ft² of high-quality office space. Grassmoor is situated just south east of Chesterfield with easy access to the A617, which links to Junction 29 of the M1 motorway.  Chesterfield town centre is just a 10 minute drive from the development.

The new build offices comprise a high quality, new two-storey building with brick elevations and glass frontage. The property is currently under construction and will be practically completed in Q1 2025 offering an excellent space for tenants.  If necessary, the property could also be fit for light storage on the ground floor to facilitate a hybrid unit.  Internally, the office will be delivered with open-plan accommodation and further benefits from: suspended ceilings, LED lighting, carpeting, kitchenette, W/C facilities and 17 car parking spaces.

The offices will be available to let on new lease terms at a rent of £60,000 per annum.

Harry Gamble of FHP Property Consultants comments:

“This exciting new project will bring some much-needed high-quality office space to Chesterfield and the surrounding areas.  The current plans see four identical office buildings comprising 4,622ft² each. Off the back of marketing these offices earlier this year, we have had a number of interested parties get in touch as there is a shortage of newly built offices in the area.

Further around the back of the site, our client will continue onto Phase 2 which includes industrial/warehouse accommodation of circa 7,000ft² and upwards.  I would be delighted to speak to anyone who is interested in occupying these offices, so please do not hesitate to contact me.”

For further information 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

Harry Gamble

January 2025

FHP are pleased to announce the successful completion of the sale of H4 Ash Tree Court, Nottingham Business Park. H4 is a self-contained, mid-terraced office building situated across two floors, comprising 2,350 sq. ft. Prior to the sale, the property underwent extensive refurbishment, significantly enhancing its appeal and marketability. Nestled within a landscaped area with views of the local countryside, the park offers ample parking with additional spaces available. H4 ASH Tree Court boasts excellent access to J26 of the M1 Motorway and is conveniently located near the NET Tram stop, with Nottingham City Centre within easy reach via the A610.

FHP collaborated with a private client to secure the sale. Despite initial limited interest, demand eventually increased, generating a strong level of interest in both the leasehold and freehold options. This interest led to best and final offers, resulting in a strong sale price that set a new benchmark for freehold values within close proximity to the subject property. CadXtra, the purchaser, had been searching for an ideal office space for some time and found H4 Ash Tree Court to be the perfect fit.

To highlight the ongoing demand for out-of-town business parks, FHP have also secured a new letting at G6 Ash Tree Court, which is currently under offer and expected to complete in the coming weeks. Additionally, there is interest in the remaining office suite at H7, which is available as an investment opportunity.

Amy Howard, Surveyor at FHP Property Consultants commented:

“It was a great result to finalise this sale for my client. After a slow start, we soon attracted a strong level of enquiries for both rental and purchase options. We secured an excellent sale price for my client and it was a pleasure to work alongside CadXtra in the sale, helping them find their ideal office space.

Out-of-town business parks remained popular throughout 2024, especially towards the end of the year, securing several strong deals reflecting new rental tones and freehold values. It will be interesting to see how demand evolves in 2025 and I look forward to securing further sales and lettings.”

If you are looking to purchase offices in Nottingham or need advice on marketing your office property, please feel free to contact me on 07887 787894, alternatively you can email me at amy.howard@fhp.co.uk.

Following the success at Cardinal Square, Derby last year, where Inertia Consulting took some 7,000ft², Nurton Developments are now refurbishing another wing of 6,530ft².  The suite which is situated on the first floor will provide open plan high quality office accommodation benefitting from air conditioning, fibre internet, LED lighting and full height glazing.

The letting to Inertia Consulting represented one of the largest office lettings in Derby last year which has consequently given the building’s owners confidence to refurbish this suite.

This continues the trend of Nurton Developments investing in the building after having previously upgraded the building façade and modernised the courtyard to offer outdoor green space, meeting pods and recreational activities including mini-golf. They have also refurbished additional suites bringing them to Grade A standard.

Corbin Archer of FHP Property Consultants comments:

“The refurbishment works of this suite are set to complete within six weeks and will offer Grade A office accommodation to suit the modern occupiers. Off the back of the deal achieved last year, this investment shows Nurton’s confidence in the building and in the market as they are speculatively refurbishing the suite. We are already in discussions with a number of interested parties as there is a short supply of refurbished office suites across Derby particularly over 5,000ft².

If you are looking for a new office, we will be able to accommodate you here at Cardinal Square as we can offer anything from 100ft² to 20,000ft² so please get in contact with me or Darran on the details below.”

For further information 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

Corbin Archer

January 2025

FHP Property Consultants are delighted to have completed the letting of Unit B2, Holmewood Business Park, Holmewood, Chesterfield, S42 5US.

Holmewood Business Park is an established office park comprising 5 detached office buildings. The property is situated in Holmewood which is approximately 4 miles to the south of Chesterfield and benefits from quick access to the A617 and M1 motorway which is within 2 miles of the office.

Unit B2, is a detached self-contained two storey office building which provides open plan office accommodation across both floors. In addition, the offices offer excellent parking with 20 designated spaces.

The property has been let on new lease terms for a period of 5 years at a rent of £60,000 per annum.

Corbin Archer of FHP Property Consultants comments:

“It is pleasing to see that we are seeing the same success at this business park as last year, with the offices here now becoming fully let. Exactly one year ago, FHP let Unit 2 which comprised 3,951ft² after only having it on the market for a couple of months, thus showing the popularity of this office park thanks to its convenient transport links and specification. It was a similar story this time round having placed the property under offer in a few months.

Business parks throughout the region proved very successful in 2024 and I see no reason why this trend won’t continue into 2025 as occupiers look to create their own headquarter style building and fitout the premises in their branded image and specification. We do have a few more business park offices available so please do get in touch if you are searching for a new office this year.”

For further information on this letting please contact Corbin Archer on 07929 716 330 / corbin.archer@fhp.co.uk.

ENDS

Corbin Archer

January 2025

As we approach the end of 2024, it is a good time to reflect on the past year in the office market, particularly focusing on sub-5,000 sq. ft, current market trends and what to expect in 2025. Nottingham’s office market has shown resilience and adaptability in 2024, despite facing various challenges throughout the year. From an initial market sweep, here are some early insights and key figures.

Nottinghamshire office market overview

Office occupiers are taking longer with their decision making to secure their ‘ideal’ office space, with preferences continuing to evolve. Overall take up in Nottinghamshire is 359,000 sq. ft in 2024. This reflects a reduction of 5% from 2023, albeit the figure could slightly increase prior to the end of the year. This indicates, that while there is demand for offices, decision making is a critical element and many occupiers are taking a more cautious approach if all their specific requirements are not met.

The Government’s ‘Working From Home’ scheme, whilst successful post Covid-19 may be shifting, as a preference for returning to the office emerges as a key drive for Q3/4 2024 and leading into 2025. The average letting size in Nottinghamshire is around 3,750 sq. ft a 7% increased from 2023, suggesting occupiers are rethinking their return-to-work policies and the extent of their rationalisations. This trend is expected to continue in 2025, increasing demand for office space as occupiers seek a healthy work-life balance.

The preference for quality over quantity is emphasised, with the main demand remaining in the sub-5,000 sq. ft market. Throughout 2024 73% of office deals were between 5,000 sq. ft and 59% below 3,000 sq. ft.

Out-of-town business parks in Nottinghamshire continue to experience robust demand. We have observed that office spaces in these locations remain on the market for only a limited duration, generating significant interest during the marketing periods. The inherent flexibility of business parks, including features such as proximity to natural surroundings, ample car parking and accessibility to public transport, makes them an attractive option for occupiers who do not require a city centre location.

City centre office market overview

In the city centre office sector, there has been a significant increase in floor space dedicated to amenities such as café, breakout space and more luxurious/comprehensive facilities. This trend, seen throughout 2024, is driven by operators aiming to bring workers back to the office and highlight a healthy work-life balance.

56% of city centre take-up was on Grade A spaces totalling 92,286 sq. ft, despite less than 4% of office supply is readily available Grade A space, further demonstrating the imbalance between supply and demand within the higher quality market. The current availability of office space is set below:

Grade A – 269,735 sq. ft

Grade B – 331,859 sq. ft

Grade C – 134,310 sq. ft

Of the Grade A figure above, only 32,000 sq. ft is readily available and occupiable now, the remainder, subject to refurbishment, expected to be ready by the latter of 2025. Refurbished office spaces highlights landlords’ responsiveness to occupier needs for higher quality space, with some taking the risk to invest capital in their existing offices to increase take-up, a risk, no doubt, has paid off during 2024. City Centre take up has increased by just over 7% from 2023, currently standing at 164,650 sq. ft, demonstrating a continued drive towards the best quality product in the city centre. The average letting size for Grade A office space was just over 6,150 sq. ft further demonstrating demand for quality within the corporate sector. Prime rents for new supply refurbished office space now exceed £26.00 per sq. ft. highlighting the stark contrast between prime and secondary rents, the prime continuing to rise.

Summary

There has been strong activity within 2024, demonstrating that the office market is not struggling as much as one might think. However, the current city centre office availability stands at 732,200 sq. ft with much of this space being Grade Band C which remains problematic due to prolonged vacancy periods. The key message to landlords/investors is to invest in their properties, as taking risks can yield rewards in this market. The demand for high quality office space is expected to continue rising as occupiers return to the workplace, with emphasis on excellent ESG credentials, EPC ratings and welfare. As well as focusing on more flexible lease structures for tenants and offering fitout options, allowing for easy adaptability for occupiers looking for a ‘plug-in-and-play’ approach.

In light of the trends observed in 2024, we anticipate a sustained or even increased demand for office space in 2025. Currently, we are already engagement in discussions with a strong level of potential occupiers. It is expected that occupiers will remain cautious and deliberate in their decision-making process until they identify the ideal property. However, with the introduction of Grade A refurbished spaces over the coming year, we are confident in our ability to meet their needs, in the hope to foster a more favourable market environment throughout 2025.

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

In 2024, general office market trends have continued with occupiers emphasising the importance of quality of space. There are currently a number of key requirements from established businesses albeit given their focus on quality, finding a suitable office space in the City Centre and surrounds is proving difficult. Transaction times are taking between six to nine months from meeting on site to completion as occupiers are taking longer to make decisions. Rental values and capital values have largely remained unchanged over the past 10 years for offices in the area albeit we are seeing signs of growth but require Grade A space to drive the values even further.

Derby City Centre

In the city centre, there remains limited good quality office space and it will be interesting to see if the plans to build new offices comes to fruition. Slightly further out from the centre, the multi-let office schemes have seen a number of lettings complete this year. Cardinal Square has landed one of the stand-out deals of the year with a 7,000 sq. ft. letting to locally based Inertia Consulting which is of significance give the typical transaction bracket is between 1,000 sq. ft. and 3,000 sq. ft. Pentagon House, following its success of 2023 where it became fully let, now has one wing back available offering 3,747 sq. ft of high quality space. Lastly, RTC Business Park has seen a number of tenants upsize and relocate within the business park, which whilst these deals are not new tenants, it shows the strong demand for tenants who are based there to remain in place due to the quality of the space that is offered and the facilities the site has.

Pride Park

The majority of businesses still have a preference for offices on Pride Park where there is a lack of availability over the past 12 to 18 months between 4,000 sq. ft and 10,000 sq. ft and therefore there is strong demand for this space. Pleasingly there is more availability of offices over 10,000 sq. ft. on Pride Park, with more coming in the new year also. It will be interesting to see how quickly these are let/ sold given the previous lack of availability for quite some time now. There has also been an increase in supply between 1,000 to 3,000 sq. ft albeit some of these options are more bespoke offering space on first floor or more hybrid space and are therefore taking longer to let than one would assume on Pride Park.

Business Parks

In the wider Derbyshire/ Midlands region FHP have also seen a good level of demand for business park locations having successfully let a high quality modern two storey purpose built semi-detached office premises in Castle Donington after agreeing a deal within four weeks. We have seen further success in Holmewood, just south of Chesterfield where we completed on a large, detached office building and following that we were instructed by the landlord to market the adjacent building which we placed under offer within a few weeks also. The speed of agreeing the deals showcases that demand is there as long as the space offered is of good quality.

Going Forward into 2025

Next year, will likely be a similar year to that of this year with plenty of activity as occupiers are still downsizing/ relocating to better quality space as lease events occur. It is unlikely values will change drastically, largely due to the lack of development of office space in the region due to the costs involved not stacking up to build an office, even on Pride Park as the rental tone is not there. I expect the popularity of serviced offices to continue with the likes of Cubo helping satisfy the much needed demand for small office rooms/ desks for small business in the region.

For further information please contact Corbin Archer on 07929 716 330 or corbin.archer@fhp.co.uk.

ENDS

December 2024

FHP has recently completed the letting of Suite 202 Bridlesmith House to WT Partnership. WT Partnership sought a smaller office space due to factors reshaping their current office requirement. Bridlesmith House is centrally located in Nottingham, offering excellent amenities such as Café Nero, Piccolino’s, All Bar One and more, along with superb transport links including NET tram stop, bus routes and a short walk to Nottingham train station. The building is home to a variety of occupiers including Christie & Co, Everyday Loans, Cord Consult, with WT Partnership being a great new addition to its tenant mix.

James Rhodes, Director at WT Partnership commented:

“Many thanks to Amy Howard and the team at FHP for assisting in finding an excellent office space which accommodates all of our business needs and has created a fantastic environment for our staff to work within and thrive. Since making the move we have settled in immediately and very much appreciate Amy’s help and assistance along the way making the transition as manageable as possible. We are looking forward to spending the next few years in our amazing new “home”.

Bridlesmith House is undergoing continued refurbishment to the existing office suites to meet evolving occupier demands for higher-quality office spaces. The upgrade focuses on the communal/entrance areas, creating a welcoming environment for clients and enhancing on-site amenities such as modern shower facilities and secure bike storage.

Natalie Shaw, the Landlord commented:

“We’re thrilled to be near completion of our 2-year renovation journey at Bridlesmith House. From secure bike storage and modern shower facilities, and a reimagined communal space, Bridlesmith House now offers our office tenants the perfect blend of style, comfort and convenience in the heart of Nottingham city centre”.

Amy Howard, Surveyor at FHP Property Consultants commented:

“It was a pleasure to work alongside WT Partnership and to secure an ideal office space for their needs. From the first viewing, it was clear that Bridlesmith House was the perfect fit for them as they could envisage the space available and it is great to see them all moved in.

The ongoing refurbishments at Bridlesmith House are incredibly exciting and I look forward to seeing the finished spaces of high quality offices. The quality and high standard of works completed on Suite 202 has set this standard throughout the building and I imagine will generate a strong level of enquiries going forward. Improvements such as bike storage and shower facilities are vital in today’s market, supporting the well-being of office users. The refurbished entrance area will further elevate the building’s appeal, creating a more inviting and dynamic workspace”.

For further information, please contact me on 07887 787894 / amy.howard@fhp.co.uk

ENDS

Amy Howard

28 November 2024

FHP are pleased to bring to market two new office suites based within 1 Broadway, Nottingham City Centre. 1 Broadway is positioned on the eastern fringe of the city in the Lace Market, recognized as the Creative Quarter. Known to house some of the most architecturally attractive buildings within Nottingham, with the Lace Market retaining the majority of the former lace mills showcasing high floor to ceiling height and stunning period office buildings. The offices benefit from excellent nearby transport links including bus routes, NET tram stops and is situated within a short walking distance to Nottingham’s train station. As well as being situated near a plethora of amenities including Café Nero, All Bar One, Piccolino, Marks and Spencer amongst others.

There are currently two office suites available in 1 Broadway, the lower ground and second floor offices are now ready to let. The lower ground floor space comprises 1,475 sq. ft and we are quoting £18,500 per annum with the second floor comprising 2,153 sq. ft and we are quoting £39,000 per annum. Both office spaces provide high quality specification throughout with fluted columns and feature windows sticking with the former mill characteristics throughout the office spaces, with excellent natural light on the second floor offices, and well fitted out with meeting room areas of a variety of sizes. The lower ground floor is suitable for a variety of uses (STP) such as tattooist, physiotherapy, private health clinic and more.

Amy Howard, from FHP Property Consultants commented:

“The Creative Quarter has been a popular office destination for occupiers within Nottingham City Centre throughout the years. With the offices retaining the characteristics of the former lace mills providing attractive features and excellent natural light, all key aspects for occupiers seeking new office space. The property is well positioned, only a short walking distance from Hockley an up and coming area within the city centre brimming with independent shops, cafes bars and restaurants as part of a regeneration project to generate further footfall. It also provides excellent nearby transport links and other amenities, making it a perfect location for cliental. It is certainly an opportunity not to miss out on”.

For further information on both available office suites please feel free to contact me on 07887 787894 / amy.howard@fhp.co.uk

ENDS

8 November 2024

Nurton Development’s Cardinal Square offices in Derby has landed one of the stand-out deals of this year, with a 7,000ft² letting to locally based Inertia Consulting.

Inertia Consulting, an award-winning specialist in civil engineering and structural consultancy, has announced its move to the landmark offices located at the junction of the A61 and A52, to ensure its long-term success in the city.

This relocation aligns with Inertia’s plans for strategic growth, providing an enhanced workspace that enables the company to continue to attract top tier talent, benefiting from Nurton’s on-going investment in the offices, particularly over the past 24 months.

Inertia Consulting, which operates extensively across the UK, offers consultancy services in civil engineering, structural design, bridge inspection, and non-destructive testing to a broad range of clients, including the public and private sectors.

Nurton has invested significantly in creating a high-quality working environment, catering to the needs of modern occupiers with a focus on onsite amenities and wellbeing including open green spaces, outdoor work, rest areas and leisure facilities.

David Dyas, Asset Manager at Nurton Developments, said:

“The investment we’ve made to Cardinal Square has been well received by existing occupiers and the wider market. This letting is a direct result of the improvements we have made to the building. Inertia sought quality space to amalgamate their offices and Cardinal Square ticked the box. 

“We spent time liaising with Inertia and built an excellent working relationship during what were enjoyable negotiations to ensure the letting met with their requirements.”

David added:

“Flexible floorspace at Cardinal Square caters for anything from a single office up to 25,000ft², providing a wealth of options for incoming occupiers whilst also enabling existing occupiers to expand or contract as their business dictates and according to their style of working.

We are definitely seeing a growing trend amongst businesses to upgrade their space to attract and retain employees, encouraging people back into the office with a working environment which offers that all important work life balance and a stimulating and fun place to collaborate and spend time with colleagues.”

Darran Severn Director from FHP Property Consultants, agents for Cardinal Square agreed and added:

“The 7,000ft² letting is certainly one of the largest office lettings in Derby we’ve done this year in a market where the typical transaction bracket is under 3,000ft².  Office occupiers are still continuing the trend of upgrading their space and this is evident in this letting.

We still have a number of office suites available in Cardinal Square so please do get in touch if you would like to discuss availability or arrange to view.

The inner courtyard at Cardinal is a surprising addition to the building and offers a green oasis with meeting pods and recreational activities like table tennis, pétanque and mini golf.

The new office space also positions Inertia close to the city centre, just a short walk to the shops and amenities it has to offer.”

Ryan Bradley, Director of Inertia Consulting said:

“We were drawn to Cardinal Square not only by the central location and connectivity but also by the office environment, which aligns with our commitment to our team’s well-being. We look forward to continuing our work from these vibrant new offices and benefit from the rich talent pool in the city.”

Inertia Consulting joins a growing list of occupiers at Cardinal Square, including Bulkhead, Freeth’s, City Fibre, FTT, Randd, Astute, FHP, Smile Bright and the NHS.

Innes England acted as joint agents alongside FHP Property Consultants.

For further information, please contact Darran Severn on 07917 460 031 / darran@fhp.co.uk or Corbin Archer on

07929 716 330 / corbin.archer@fhp.co.uk or Jane Bolas of JBPR on 07721 504169.

ENDS

October 2024

FHP are delighted to complete on the latest letting at Interchange 25 Business Park, now resulting in full occupancy on the site. The final ground floor office suite was let to WHP Trust Ltd, the newest tenant to arrive on the business park, further enhancing the diverse range of occupiers. FHP have recently secured the first floor tenants at Unit 5 Interchange earlier this year to Equans Ltd, proving the estate to be popular. Interchange 25 Business Park is situated just off Junction 25 of the M1 Motorway and the A52 which connects Nottingham and Derby. The park comprises a development of 8 self-contained detached office buildings which provide high office specification throughout, with excellent car parking facilities.

Amy Howard from FHP Property Consultants commented:

“I am thrilled to have secured the final letting with WHP Trust, achieving full occupancy on-site for our client. The business park has remained consistently popular throughout the years we have marketed these office suites and continuing our client’s success by attracting strong tenants.

It was always a risk to split the floor plates on a floor-by-floor basis on Unit 5 with Equans occupying the first floor, however, the level of interest and enquiries during the short marketing period stayed strong to secure us a tenant. It is encouraging to see the demand for out-of-town business parks remain consistent, helping to revitalize the office market and encourage take up.

I had been in discussions with WHP Trust for several months prior to securing this office space for them. From the first viewing at Interchange, it was evident that the unit suited all their requirements and needs, and solicitors were soon instructed. It has been a pleasure to assist them throughout their search and I wish them every success in their new office premises.”

Our client at Interchange commented:

“As always, it is great to see the site reach full occupancy and the diverse range of tenants that we have on-site. FHP Property Consultants have done an excellent job in securing another tenant for Unit 5 to achieve this. We are continuing to listen to tenants’ needs and requirements so we can make the park suitable, keeping them tenants for a number of years to come.”

Evidently, Interchange Business Park is a popular office destination with high quality offices and is certainly not an opportunity to miss out on. If you would like further information, please feel free to contact me on 07887 787894, alternatively you can email me at amy.howard@fhp.co.uk.

ENDS

27 September 2024

Pentagon House is situated in an excellent position just off the A52 (Pentagon Island) in Derby, and offers high quality modern office accommodation with excellent parking.

This landmark office building has one remaining suite available which is positioned on the second floor extending to approximately 3,747ft².  The specification includes raised access floors, LED lighting, air conditioning, individual WC’s and shower. In addition there are 20 allocated car parking spaces including an electric vehicle charge point.

Suite 2B is immediately available on new lease terms.

Darran Severn of FHP Property Consultants comments:

“This is an excellent office suite in a well-known landmark building.  The space is configured well and is majority open plan with a number of smaller meeting rooms, and as a result an occupier can move in with relatively low fit out costs.  In addition, the location offers excellent access to the A52/A38 and is also within walking distance of Derby City Centre.

There is currently a shortage of good quality office accommodation between 3,000ft² and 10,000ft² across Derby, and this suite would be a good option for anyone seeking space around 4,000ft².”

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

ENDS

September 2024