99 Friar Gate in Derby is a Grade II * listed 19^th century mansion building situated on Friar Gate, an elegant tree lined professional area on the west side of the city centre.  Following an extensive marketing campaign by joint agents FHP Property Consultants and Rigby & Co on behalf of Clowes Developments (UK) Ltd, a sale has been completed which will secure the future of this outstanding building.

The property has been purchased by Strawdog Studios, a growing company currently based in Friar Gate Studios.  Strawdog are a BAFTA and Develop award nominated independent game developer of fun social and mobile games.

Paul Smith from Strawdog Studios comments:

“99 Friar Gate will be a perfect City centre base for the studio as we continue to execute our plans to grow the team and develop our mobile games publishing business over the next few years.”.

Tim Richardson from FHP Property Consultants who handled the negotiations adds:

“We had a lot of interest in the property from people looking to convert it into flats, but always felt that the best result would be to retain the building largely as existing as it will create a fantastic working environment once refurbishment works have been completed”.

The property extends to some 4,500ft² plus a basement and rear walled garden/parking and is situated near to the Friar Gate railway bridge.

Renowned historian Maxwell Craven says the building is one of the finest examples of 18^th Century architecture in Derby, adding:

“The Townhouse was built in the late 1750s for the Burdett family of Bramcote by architect David Hiorne, who also designed Foremark Hall, near Repton.  It has a very grand mid 18^th century timber staircase, which is particularly spectacular and at one point was the Derby town house for the Hurt family.  It is an important building in Derby’s premier conservation area”.

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

Solo Support Services, a company which provides an alternative to traditional domiciliary care agencies, has recently completed on new office at 20 Central Avenue, West Bridgford directly above Carluccio’s.

The 1,534ft² open plan office space which entered the market upon the current tenant vacating in June 2017. Chris Proctor of FHP began marketing the property and had a deal agreed within 1 and half months of marketing the property. The current tenants moved out on the 20th June and Solo Support Services moved in 5 working days later.

Chris Proctor commented:-

“This was a great deal to work on with a professional client in Carluccio’s and a well organised and commercially switched on tenant in Solo Support Services & their Director Max Kirk, also of Venus Estates. I wish Solo Support Services all the best in their new office in the heart of West Bridgford”.

Erin Peyman Property Acquisition manager at Carluccio’s commented:-

“I wanted to thank you very much with all your help with the letting we have been very impressed with the service provided by yourselves and it was a pleasure working with you.”

FHP have further availabilities for offices in West Bridgford with an office of 664ft² on Gordon Road.

For further information or to discuss in detail please contact Chris Proctor at FHP on 0115 841 4798 / 07980 959 735 or email him on chris@fhp.co.uk.

END

Date:  26^th July 2017

Acting on behalf of Mutley Properties (Holdings) Limited, FHP have sold 1 Phoenix Place for the sum of £1,500,000 as an incoming producing investment.

The property is let to Avant Homes on the residue of a ten year lease expiring June 2025 with a Tenant break clause in June 2020.

The sale price reflects a net initial yield of 8%.

ENDS

John Proctor

Date:  17^th July 2017

Tel: 0115 9507577

Email: johnp@fhp.co.uk

FHP Property consultants have recently been instructed to market the leasehold interest of the ground and first floor offices at Gateway House, Beechdale Road, Nottingham.

The property is well located approximately 3 miles from Nottingham City Centre via the A610 Aspley Lane and less than 1 mile from the A6514 (Western Boulevard) Nottingham Ring Road, and approximately 3 miles from Junction 26 of the M1 motorway.

The property is a detached two storey office building constructed of brick elevations benefiting from category 2 lighting, double glazed windows, carpeting throughout, gas fired central heating and recently refurbished WC’s and shared entrance foyer.

Office space is available from 1,114ft²- 3,680ft² on flexible lease terms, with excellent parking provisions.

Anthony Barrowcliffe from FHP Property Consultants comments:

“This is a great opportunity to occupy good quality office space in a market where there is generally limited supply and high demand.  Therefore, I am delighted to bring this unit to the market and I look forward to speaking to prospective tenants”.

For further information or to arrange a viewing please contact Anthony Barrowcliffe on 0115 8411148 or anthony@fhp.co.uk.

The recent re-development of the former Freeth Cartwright Solicitor’s offices at Express Buildings on Upper Parliament Street in Nottingham has recently been Highly Commended in the Best Conversion category of the East Midlands LABC Building Excellence Awards 2017, a much prized accolade given the number of conversion schemes having taken place in the City.  The development was completed by 29 Stoney Street LLP alongside DL Design Studio who turned these former offices into 36 studio apartments over 4 floors for the growing student market.  The building was originally sold by Mark Tomlinson of FHP and is now fully let, thanks in no small part to Jonty Green and the team at FHP Student Living. The building achieved full occupancy for the 16/17 academic year is now fully booked for 2017/18, achieving full occupancy well in advance of the start of the academic year for the second year running.

Dan Lacey of DL Design Studio commented:

“Our concept was to create quality spaces within the existing listed building whilst retaining the historical character of the property. The building maintains a strong city centre presence and its occupancy is vital to assist with the improved vibrancy of the city’s streets.  The acknowledgement of our achievement by LABC is greatly received and is testament to a good working relationship between client, design team, building team and Local Authority.

Andrew Davidson-Hogg of 29 Stoney Street LLP who developed the property commented:

“It was a privilege to convert a building with such a beautiful Victorian facade and excellent natural light. The success of the project is down to the designers, contractors and tradesmen who worked so professionally to ensure a high standard of finish. I am immensely proud of their work.”

Mark Tomlinson of FHP Property Consultants commented:

“Since the Article 4 planning changes allowing office properties to be converted into residential accommodation there has clearly been a substantial drive towards the creation of living accommodation within the city.  This has had a knock on affect in so far as it has increased spending in the city centre and we are now seeing a vast improvement in the leisure offer from the city with a range of bars, restaurants and takeaways, all benefitting from the increased city centre population.

I understand that this was not a simple project, with the property being Grade II listed with its ER Sutton heritage dating back to the 19^th century, but having walked around the finished product this clearly does offer some of the best quality studios in the city centre, with the building having retained many of its original features – a rare commodity for this type of accommodation which can lack certain character”.

Jonty Green of FHP Student Living comments on the excellent demand for the property:

“The Student Property market has grown significantly over the last few years. Planning directives have encouraged developers to provide stunning conversions, tailor made for students. This new supply has been met with a hungry appetite from students whose demands are now for modern spec, efficient accommodation in prime locations.

29a Upper Parliament St has proved particularly popular with restored original features such as the polished wooden floors mixed with modern touches such as granite kitchen work tops & high spec integrated kitchen appliances.

The City Centre, thanks to developments such as 29a Upper Parliament St, is fast becoming the most desirable area for students of Nottingham Trent University, with students choosing high spec accommodation mixed with a vibrant City Centre lifestyle over traditional shared housing areas such as Radford and Forest Fields.”

Transform Trust is a multi-academy trust formed in 2013. The office re-location has been necessary following recent growth, and has facilitated Transform to be based under one roof at Unit 11 Castlebridge.

The offices accommodate 2,400 sq. ft. over two floors of newly refurbished high-quality space. Transform Trust now join a wealth of tenants at Castlebridge Office Village, which includes Specsavers, Avery Dennison, Sumo Digital, Fat Free Media and more. The office village now has just two units left available in the highly successful refurbishment scheme.

Steve Cox Chief Finance Officer of Transform Trust commented:-

“We have been very demanding seeking new value for money premises which could serve a range of purposes to support children in our schools across Nottingham & Derby. We have sought a central location, well served by public transport and road, and sufficient usable space for both office and conferencing needs. FHP has made this process easy for us and we are delighted to have come to Castlebridge.”

Chris Proctor of FHP who agreed the deal commented:-

“Transform Trust were great to work with and we had terms agreed in a quick time frame allowing them to be operational well ahead of the next school year. This deal is further evidence that speculative refurbishments from Landlords are producing good level rents and high-quality tenants. We now have just 2 units left on Castlebridge Office Village of 1,572ft² & 2,185ft² and aim to have these under offer by October of this year.”

For more information on Transform Trust please visit their website at http://www.transformtrust.co.uk/

For further information or to discuss in detail please contact Chris Proctor at FHP on 0115 841 4798 / 07980 959 735 or email him on chris@fhp.co.uk.

Award-winning Managed ICT Service Provider, Air-IT has relocated its headquarters to new 5,400 sq ft premises at Interchange 25 Business Park, Nottingham, owned by Hortons’ Estate Limited.

By retaining their previous 4,000 sq ft head offices at Nottingham Business Park, the move more than doubles its footprint to almost 10,000 sq ft of office space, supporting the company’s ongoing growth strategy to increase current turnover to £10m and the size of its workforce to 100 by 2022.

“The decision to relocate supports our continued growth and ambitious plans for the future”, said James Healey, Managing Director of Air-IT. “Since we were founded in 2005, we’ve enjoyed consistent high growth of 30% year on year. As a result, we needed more room to accommodate our growing team and to help us attract and retain the best talent.

“With 45 staff at present, we plan to create 10 new jobs by 2018 taking headcount to 55, so will soon be looking for new people to join our technical and back office teams.

“Located centrally between Nottingham and Derby, and ideally situated at Junction 25 of the M1, the move has opened our doors to a wider geographical area and will increase our ability to service clients based throughout the East Midlands and across the UK.”

With a £200,000 investment in fit out alone, the new high tech offices boast an open plan design over two storeys, with informal spaces for staff to meet and collaborate in a spacious environment.  The service desk function fills a whole floor and an all-new break out area known as “The Hub”, provides staff with a special space to relax. Table Tennis and a pool table are available to play as well as a games console and brand new kitchen and dining area.   New meeting rooms named Innovate, Commit and Excel have been inspired by the company’s culture and values. Overall, the contemporary design aims to reflect the company’s status as the region’s leading ICT provider, as confirmed by the recently released MSPmentor 501 world rankings where they came in at position 224 globally and no.1 in the East Midlands.

Mark Tomlinson, an Associate Director at Commercial Property Consultancy, FHP said:

“When we were invited to take the agency role on at this site, these buildings required a level of modernisation and Hortons has carried out an excellent quality of refurbishment and are now reaping the rewards for their efforts. These are now some of the best quality offices in the area.”

Jeremy Boothroyd from Hortons’ adds:

“We’re pleased to welcome Air-IT to Interchange 25. They are a successful, growing IT business and their presence on the park will complement the existing mix of tenants.”

Air-IT joins Interchange 25 as new neighbours to some well-known businesses including Coleby Associates LLP, Gamestec Leisure Limited, Renew Holdings and Nurture Fertility.  Healey adds:

“This is a very exciting time for Air-IT and a lot of work has gone in to this development behind the scenes to create a space where staff flourish, feel at home and can really live the company vision.  We’d like to reassure our clients that it’s very much business as usual, and we look forward to welcoming visitors at our new offices from Monday 10th July.”

Established in 2005, Air-IT help businesses take advantage of technology to deliver growth and success. Providing a range of tailored services locally and nationwide, they offer service desk support, cyber security, backup and business continuity, consultancy and cloud, as well as telephony, mobile and broadband and connectivity solutions.  Managed Business Communications (MBC) which was acquired by Air-IT in 2013, has also moved into the new building, keeping both companies under one roof.  The firm’s additional premises at Nottingham Business Park have now been freed up as a training facility for customers and as a second base to support ambitious plans for the future.

Founder and CEO, Todd McQuilkin said:

“I’m extremely proud of how far Air-IT has come. We’ve enjoyed consistent and rapid growth over the years, and we intend to continue this upward trend.  We believe the move will accelerate our plans to the next level, and we look forward to further and continued success at our new site as the first choice Managed Service Provider in the East Midlands and beyond.”

I am part of the Office and Industrial team at FHP having joined in June 2017.  I graduated with an RICS accredited Surveying Degree from Nottingham Trent University in 2011.  I then spent several years working for my family business in the fresh produce sector before reverting back to property in 2016 where I went on to become a Chartered Surveyor in 2020.

FHP acting on behalf of the Roman Catholic Diocesan Trustees have successfully sold the former Saint Bernadette’s Catholic Chapel on Sneinton Dale.

This property comprising part of a former school complex has been used for religious and community purposes since the early 1980s.

Phil Daniels commented:

“Whilst this was an unusual property, when we first inspected it we were sure that it would receive interest in the market from other religious and community groups and we undertook a number of viewings with purchasers in this category.

The property was subsequently sold to the Ahmadiyya Muslim Association UK for community and religious purposes”.

Father Joe Wheat commented:

“We are very pleased that FHP were able to secure a purchase of this property so promptly.  Furthermore, they obtained a price well in excess of our original expectations and we are very pleased with the outcome”.

Phil Daniels further commented:

“We deal with a diverse range of properties at FHP and are always pleased to assist clients with unusual properties requiring a different approach to the norm”.

END

Thank you so much Mark for all your hard work on the marketing and sale of the Old Schoolhouse.

Very much appreciated and it has been a pleasure to work with you.

FHP Property Consultants, acting on behalf of private landlords, have completed the sale of offices at Vivian Avenue, Sherwood Rise totalling 17,000 sq ft to the tenants, UNISON.

David Hargreaves, who negotiated the transaction, said:

“I originally let these offices to UNISON 15 years ago when the property was refurbished by our client and they have been the tenant ever since.  Our client decided to sell the investment and appointed FHP to act on his behalf.  The logical buyer was the tenant and I therefore approached them accordingly.”

Hargreaves went on to say:

“With low interest rates and a strong property market, it currently makes sense for tenants to buy in their freehold interest where the opportunity presents.

UNISON, who were paying a rent of £197,500 per annum and had just 4 years left on the lease, have been able to substantially reduce their occupational costs of this property whilst securing flexibility to sub-let surplus space.  We achieved a price of £2,050,000 (£120/sq ft) for our client which was in excess of the investment value.   As far as I can see this is a “win win” for both landlord and tenant”.

UNISON were represented by James Baker of White Druce & Brown.

END

David Hargreaves

6 June 2017

Nutri 2 Go a local healthy food preparation company have expanded into new commercial premises.  Nutri 2 Go have agreed a lease on the Former Police Station at Canning Circus, Derby Road.  The property benefits from a prominent city centre location fronting Derby Road and will offer Nutri 2 Go good exposure to the City.  Nutri 2 Go delivers pre-prepared healthy food to the local community and have a range of options available to choose from including vegan options.  Nutri2Go will use the premises as their head office location.

Owner of Nutri 2 Go Jordana Chin commented: –

“We chose the building because it is half way between our current base at the Ingenuity Building at the University of Nottingham and the city centre.  We want to be close to our customer base in the city centre & grow our client base”.

Chris Proctor of FHP who agreed the letting commented: –

“I am very pleased to help an upcoming local business and especially one that focuses on a healthy lifestyle.  Canning Circus offers the business a prominent location on flexible terms to suit both parties.  I look forward to getting a few food boxes myself!”

For further information or to discuss in detail please contact Chris Proctor at FHP on 0115 841 4798 / 07980 959 735 or email him on chris@fhp.co.uk.

END

Chris Proctor

Date:  6^th June 2017

FHP have brought to the market Sherwood Court, a self contained building of circa 21,000ft² let to Countrywide Estate Agents Limited at a rent of £249,300 per annum.

There are five years and four months unexpired on the lease which expires in October 2022 with the investment priced at £2,927,000 reflecting a net initial yield of 8% net of Purchaser’s costs.  

John Proctor

Date:  5^th June 2017

Tel: 0115 9507577

Email: johnp@fhp.co.uk

FHP Property Consultants are delighted to be instructed to market Ergo House and Innovation House on the established Ruddington Fields Business Park which provides two top quality office buildings which have recently undergone a £1.4 million revamp of the reception areas and office suites themselves resulting in some of the best quality office space available in Nottinghamshire.

Mark Tomlinson of FHP Property Consultants commented:

“The refurbishment incorporates a full height atrium breakout area perfect for companies wishing to building a collaborative and flexible way of working, the property also sits among picturesque surroundings, adjacent to Rushcliffe Country Park and good news for drivers too – there is no workplace parking levy!”

Office options are available from 4,101 sq ft up to just under 10,000 sq ft.

For further information on the offices please contact Mark Tomlinson of FHP Property Consultants on 07917 576 254 or mark@fhp.co.uk or our joint agents, Innes England.

Mark Tomlinson of FHP Property Consultants commented:

“We are delighted that we have achieved full occupancy on this building on behalf of our clients, London & Scottish Investments, following their purchase of the property last year.  Since working on this building, over the last five years the whole tenant profile of the property has changed and now boasts excellent quality occupiers such as Severn Trent Water, Speedy Cash, Vasek Insurance and BITC.

For landlords of city centre office properties, this story is positive, the Article 4 changes on permitted development of office buildings to residential property has caused a squeeze on supply of office space in Nottingham City Centre.  As a result we are seeing an increase in rental values and a hardening of terms being offered by landlords.  For the occupier though it has become increasingly important to engage early when planning any potential expansions, due to this squeeze on availability”.

Richard Sutton of NG Chartered Surveyors comments:

“London & Scottish brought NG on board to reinvigorate the marketing at Hounds Gate following notable success with lettings on Park Row and in Market Square House. Together we were able to quickly generate competing interest in the space which ultimately kick started the letting to Vasek. With the reduction in supply and a widening gulf in quality for city centre space occupiers have become more sophisticated in terms of what they are looking for.”

“London & Scottish were quick to recognise this and to press on with refurbishment and upgrading works to facilitate quick deals. This sends out a strong message to other landlords in Nottingham”

Nottingham Local News, who deliver local news and business stories from the local area have taken larger premises to accommodate their expansion in Nottingham City Centre.  Their new property, which occupies a prominent position on Canal Street, is located on a busy route into the city centre and sits opposite the Nottingham One commercial and residential development.

Mark Tomlinson of FHP Property Consultants who finalised the deal on behalf of the landlord commented:

“This property leased within a very quick time having been brought to the market in February.  The deal from start to finish was finalised within three months and I am delighted that we have found such a good quality occupier in Nottingham Local News.  This is an improving area with the proposed new £60 million Skills hub planned for the next door site which will only improve the pedestrian experience from the train station up to the city centre, coupled with Intu’s plans for the Broadmarsh extension and the pedestrianisation of Collin Street.

Jamie Swift from Nottingham Local News commented:

“We are excited to be moving into the property on Canal Street.  This will allow our business to develop and grow in a fantastic location in Nottingham.  The area is a great place to be moving into, with it currently undergoing exciting regeneration.  We have been looking for new premises for a while now and this fits our needs perfectly.  We look forward to making this premises our home in the coming years”.

Acting on behalf of clients, Regentsmead, FHP Property Consultants have recently concluded the sale of the offices at 8 Castle Quay comprising a detached self-contained office building in Nottingham City Centre.  The premises have been acquired by Unite the Union for a new regional base.

Mark Tomlinson of FHP Property Consultants who acted on behalf of the vendors commented:

“This property unsurprisingly gathered excellent levels of interest and after just four weeks of marketing, we brought the process to a sealed bids process.  This, among some other recent transactions, highlights the lack of freehold options in the city centre and as such we are seeing an improvement in capital values driven by increased occupier demand and scarcity of supply.

I am sure the property will serve as an excellent premises for Unite the Union given the buildings profile, being located just off Castle Boulevard, which is a highly accessible location for the members”.

Following the marketing of some 5,500 sq ft of offices at Colwick Quays Business Park over three self-contained units, there is now just one unit remaining following the reservation of two units where the leases are expected to be completed in the coming weeks.

The last remaining unit provides a two storey self-contained modern office building of 1,500 sq ft which is perfect for a small to medium sized business looking for an attractive office environment in this riverside location just to the east of Nottingham City Centre.

Such is the demand for property in this location, owners, RH Developments, are on site constructing a new 10,000 sq ft facility for Copley Scientific to harness their expansion plans in the area and plan to build a further 35,000 sq ft of light industrial units on the next phase of the site.

For further information on the offices or the light industrial property options available at Colwick Quays, please contact Mark Tomlinson of FHP Property Consultants on 0115 841 1134 or mark@fhp.co.uk.

FHP Property Consultants are pleased to bring to the market Unit 6, Innovate Mews, a superb office opportunity situated on the popular Sherwood Park.

The premises are self-contained and offers around 1,576 square feet of high quality, modern office accommodation situated over two floors. Predominantly open plan, creating an excellent working environment, the offices also benefit from both kitchenette and separate W.C facilities. There is also a good level of allocated parking spaces on site for vehicles.

Located close to Junction 27 of the M1 motorway, the offices are perfectly positioned for transport links to Mansfield, Nottingham, Derby and beyond.

Early interest is sought and interested parties are urged to contact Thomas Szymkiw of FHP on 0115 841 1159 or thomas@fhp.co.uk.

END

Thomas Szymkiw

Date:  19/05/2017

Acting on behalf of clients, Regentsmead, FHP Property Consultants have recently concluded the sale of the offices at 8 Castle Quay comprising a detached self-contained office building in Nottingham City Centre.  The premises have been acquired by Unite the Union for a new regional base.

Mark Tomlinson of FHP Property Consultants who acted on behalf of the vendors commented:

“This property unsurprisingly gathered excellent levels of interest and after just four weeks of marketing, we brought the process to a sealed bids process.  This, among some other recent transactions, highlights the lack of freehold options in the city centre and as such we are seeing an improvement in capital values driven by increased occupier demand and scarcity of supply.

I am sure the property will serve as an excellent premises for Unite the Union given the buildings profile, being located just off Castle Boulevard, which is a highly accessible location for the members”.

FHP Property Consultants have completed the letting of Nova House, Heanor Road, Smalley, Derbyshire to Jem Group.

The property is conveniently located on Heanor Road, Smalley, and comprises a detached two storey modern office building providing open plan accommodation.

Nova House extends to approximately 1,370ft² and Jem Group have signed a new 5 year lease direct with the landlord.

Darran Severn from FHP Property Consultants commented:-

“We were able to achieve an excellent result for our client here.  The property became vacant in early April and the new tenants took occupation on the 1^st May.  There is a lack of good quality office accommodation within Derbyshire and we are continually speaking with a number of occupiers who are currently seeking space”.

For further information on this letting or to discuss your property requirements in more detail then please contact Darran Severn on 01332 343 222 or darran@fhp.co.uk.

Situated opposite the Intu Centre on London Road in Derby above Wilkos and Argos are the Victoria Chambers offices which FHP Property Consultants are marketing to let.

Having recently agreed terms for a letting of Level 3 FHP Property Consultants now have available to let Level 4 which extends to some 4,176 sq ft of high quality office premises in a very convenient location.

Victoria Chambers has a ground floor reception lobby with stairs and lift up to the upper floors.  The suites have gas fired central heating, perimeter trunking, kitchen areas and wcs.

Tim Richardson from FHP Property Consultants comments:

“This is a very accessible location and provides cost effective space at a rent of only £7.95 per sq ft right in the heart of the City Centre  We would encourage parties to make a viewing at an early stage”.

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

FHP Property Consultants has recently concluded the lettings of two office buildings at Phoenix Business Park of over 10,000 sq ft following the letting of Birkbeck House to CNC Healthcare and the letting of 5 Phoenix Place to Guide Dogs for the Blind.

Mark Tomlinson, Associate Director at FHP Property Consultant commented:

“Less than two years ago, there was some 50,000 sq ft of office availability at Junction 26 of the M1 with Phoenix Business Park and Nottingham Business Park both suffering from high void levels.  Since then we have seen a steady improvement in demand for business park offices in this location coupled with a complete lack of new office development which has resulted in a short supply of office buildings in this location.  This comes as a result of various lettings with the expansions of Peppermint Software and Avant Homes on Phoenix Business Park and REMIT also expanding their operations on Nottingham Business Park”.

On Phoenix Park there is now less than 10,000 sq ft of space unoccupied.

As a result, we are seeing improved rental levels and improved confidence among landlords to invest in their premises to modernise office specifications to achieve the best possible rents.

Nestled in The Lanes area of St Peter’s Quarter in Derby lies Abbots Hill Chambers, part of a substantial and prominent multi occupied building anchored by Hunters Furniture.

Accessed by its own entrance foyer off Gower Street, the second and third floor accommodation provides light and characterful space including many of the original 1920’s features such as exposed wooden floors and cast iron radiators.

Escape Rooms operator, Game Over, have recently taken up occupation of part of the second floor and have extensively fitted out the space to provide a high quality experience.

FHP Property Consultants are therefore able to offer the whole of the third floor which is approximately 7,500ft² to let on a new lease on flexible terms, and also part of the second floor of circa 4,500ft².  The landlords will consider subdividing floors further.  Rents are dependent upon the amount of space and term taken, but are incredibly competitive with initial figures from only £2 per ft² per annum based on an entire floor.  Service charge and business rates costs are also modest making this a very cost effective building to occupy.

If you have a requirement for space in the City Centre then please talk to us and we will be happy to discuss further and show you around the space.

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

FHP Property Consultants are pleased to announce they have now completed the letting of the last remaining space at 16 Castle Boulevard on behalf of a private client.  This completes a successful period for offices in the Park Estate with six office lettings completed by FHP already in 2017.

The First Floor suite of the building measures circa 1,200ft² and has been let to a U&I Recruitment, who specialise in fashion recruitment.  The space offers them a fantastic loft style feel, with excellent natural light from a central atrium and spectacular views of Nottingham Castle.

The smaller, Ground Floor space measures around 1,600ft² and has been snapped up by Onomi, an expert database management company who were in the market for office space following a residential conversion of their offices in the Lace Market.

The bright, open plan larger Ground Floor suite measures circa 3,000ft² and is to be occupied by Blue Zest Mortgages, a well-established finance company boasting both frontage and access onto Castle Boulevard.  Each suite was offered with kitchen, WC facilities and car parking.

Thomas Szymkiw from FHP’s Office & Industrial Team commented:-

“The success of the 16 Castle Boulevard is attributed to the client being able to offer a bespoke fit out and an open plan environment to the tenants, exactly matching their requirements. Diminishing stock levels in the City Centre due to residential conversions of offices have meant that these kinds of properties are few and far between and this building offered exactly the needs of the market, at exactly the right time. What is particularly pleasing is that we have managed to dispose of all three available suites in the building, totalling nearly 6,000ft² of space within only a matter of a few months”.

“These lettings also complete a double hat-trick of deals already this year within Nottingham’s Park Estate, with FHP having been involved in the disposal of 1 Hope Drive and two suites at 3 Hope Drive.”

For further information on other office opportunities we currently have on the market, or to see how FHP can help sell or let your office premises, please do not hesitate to contact Thomas Szymkiw on 0115 841 1159 or thomas@fhp.co.uk.

END

Date:  24^th March 2017

Thomas Szymkiw

Two office tenants of Pearl House, a multi occupied office building in the heart of Nottingham City Centre have committed their futures to the building by taking new leases.

Ashton Bond Gigg Solicitors, a long established law firm which has occupied the premises for a number of years and The Press Association have both committed to new leases on the building. This is as the landlord, AEW, continues responding to interest from both new office occupiers and are in discussions with other tenants regarding extending their lease terms.

Mark Tomlinson of FHP Property Consultants who acted on behalf of the landlord commented:

“We are delighted that Ashton Bond Gigg and The Press Association have committed their futures to Pearl House to retain the excellent profile of office tenants within the building.  This is an excellent office location benefitting from a plethora of amenities in the immediate area. Furthermore, with office supply diminishing, this is one of the best office buildings in the city core”.

Lying on the route of a 19^th century canal, long since filled in, sits a series of former mill buildings in the Castleward area of Derby.  FHP Property Consultants have recently let the ground floor of number 61 Canal Street, which was sensitively converted some 30 years ago to high quality offices together with car parking.

The ground floor has been let to Fittleworth Medical, one of the leading home dispensing companies in the UK.

FHP Property Consultants acted on behalf of the landlord, St Mary’s Investments, in the letting.

Tim Richardson of FHP Property Consultants commented:-

“Following the acquisition of the property by our clients, a refurbishment programme was undertaken and terms quickly agreed with Fittleworth Medical.  The property benefits from excellent access to the inner ring road, City Centre, bus station and railway station and benefits from a generous level of on-site parking”

The first floor is now available at a very competitive rent and extends to approximately 1,440ft² together with 7 allocated parking spaces.  The accommodation includes a mixture of large open plan office/training area, individual offices, kitchen and wc’s.  The building has double glazing and gas fired central heating.

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

The continued success of CWC Group’s Ivanhoe Business Park at Ashby-de-la-Zouch, just off the A/M42 shows no signs of abating with two more deals now done on the park and construction of those buildings now well underway.

Agents for the scheme Tim Gilbertson of FHP and Phil Randle of Salloway have completed on behalf of CWC Group deals to construct a 25,000ft² bespoke warehouse and office building for expanding local occupiers Vivid Laminates, together with a fantastic 12,000ft² headquarters office for Loughborough based Compusoft.

The construction of these buildings has already commenced with completion due before the end of the year which will result in all the industrial and distribution elements of the park being complete but still with plenty of office space, again under construction, available elsewhere on the scheme.

Tim Gilbertson commented:

“Having dealt with the Compusoft deal from start to finish I am delighted to welcome them on behalf of our clients to Ivanhoe Business Park.

A pleasure to deal with throughout, we have managed to accommodate all of Compusoft’s exacting requirements in a purpose built superbly specified headquarters building which they have purchased and which will serve them well for the future.

To be constructed to a Grade A standard throughout, the finished product will be a real asset to the park.”

Phil Randle of Salloway commented:

“Similar to Tim’s deal with Compusoft I have taken the Vivid Laminates unit from initial discussion through to exchange of contracts and again this will be a stunning building, bespoke built for their needs.

With a mix of high calibre two storey offices and fantastic storage space again the building is due for completion before the end of the year and will look terrific.”

Development Director for the business park, James Richards of CWC Group added:

“Once again we are constructing two high calibre substantial buildings on the site for excellent expanding local companies.  As developer we are delighted to be building such substantial and high calibre office and storage space for these two occupiers and over the last couple of years Ivanhoe has been fantastically successful for us and shows no signs of slowing down in the future.

As a result of the ongoing interest, we are developing out the final plots on the site speculatively for offices which will see a range of sizes available from as little as 3,000ft² upwards all available to purchase or rent.

The first of these three buildings will be available by August this year and I would recommend any interested parties to speak to my agents as soon as possible as we already have two of these offices under offer.

Ivanhoe has really filled a gap in the market locally and we hope that this success will continue as we progress through 2017.”

For further information on these deals or to register your interest in the speculative offices being constructed on site please contact the agents Tim Gilbertson of FHP (0115 8411146/07887 787893) or Phil Randle of Salloway (01283 500030/ 07970 293740).

Mark Tomlinson of FHP Property Consultants has recently concluded the sale of Sutton Place in The Lace Market, the building providing some 15,000 sq ft of offices with penthouse apartment which has been sold recently to Perrymead Estates Limited who intend to convert the building into a range of high end city centre apartments.

This Grade II listed building is located in the heart of The Lace Market with excellent views over St Mary’s Church and will no doubt be a fine addition to Nottingham’s residential offer, the planning process is now underway.

Mark Tomlinson of FHP Property Consultants commented:

“The continued appetite for city centre ‘loft style’ apartments means that we are still receiving strong interest from developers to convert office buildings into residential accommodation.  We received interest from office investors and residential developers for this building but the strongest bids we received were from the developers.  We await further details on the planned scheme but undoubtedly this is going to be an excellent addition to the city centre residential offer harvesting the original features of this former lace building and the excellent views over St Mary’s Church”.

The Grade 2 listed Darley Abbey Stables and Bakehouse were refurbished by historic building renovation specialist DAS Sanctuary LLP in 2014 and are part of the only remaining buildings from Darley Hall, home to the Evans family until the Hall’s demolition in the 1960’s.

Within the Stable Block was a heated garage, especially converted for Mr Evans’ Bentley, to keep it warm, sitting alongside the remaining stables. It is the former Bentley Garage, together with ancillary accommodation, which has been let to Anna Michelle’s School of Dance as part of their relocation and expansion.

Anna Fisher of Anna Michelle’s School of Dance comments:

“When I saw this building was available to let and it had the permission to be used as a dance studio, I knew this was going to be Anna Michelle’s School of Dance new home! It is a perfect environment for the pupils and the setting is ideal for the parents and family members. We have settled in very nicely and I look forward to many happy memories being made here! I would like to thank Tim Richardson from FHP for being instrumental in supporting this relocation.”

Tim Richardson of FHP Property Consultants, who negotiated the deal on behalf of DAS Sanctuary,  comments:

“When Anna called about the development, I knew this was an ideal fit for her business due to the accommodation on offer and in particular the location at the end of Darley Park.  Their use fits in perfectly with the scheme and is a very pleasant environment for pupils and their families.”

Tanya Spilsbury, principal at DAS Sanctuary adds  “We’re delighted to welcome Anna Michelle’s Dance Studio as our new tenant at Darley Abbey Stables. Keeping these lovely old buildings occupied provides an income to support their upkeep and means that more people can enjoy and learn about their historic significance within the Derwent Valley Mills World Heritage Site. We’re sure the Dance Studio will complement and support local businesses, like the Pilates studio and Darley Park café, by bringing more visitors to the park and village.”

FHP Property Consultants, together with their joint agents Innes England, are marketing the remaining suites which range from 204ft² to 1,893ft² available to let individually or combined on terms to be agreed.

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