FHP Property Consultants are delighted to offer this opportunity to the market for the leasehold interest of this self-contained first floor open plan office accommodation being located in Ilkeston Town Centre.

The property is located on South Street, Ilkeston and lies approximately 10 miles west of Nottingham City Centre and approximately 8 miles north east of Derby City Centre.  The premises are situated in Ilkeston Town Centre on South Street, within close proximity to the retail provision of the Albion Centre and the High Street.

The offices are located at first floor level, and are accessed via private ground floor entrance to the rear of the property.  The premises measures in at 88.61m² (954ft²) and is available on flexible lease terms with demised parking.  The accommodation provides open plan office space with kitchenette and WC facilities, also benefiting from Category II lighting, perimeter trunking, door entry intercom system and several other benefiting factors.

Anthony Barrowcliffe from FHP Property Consultants comments:

“This is a great opportunity to occupy excellent office space in Ilkeston Town Centre in a market where there is generally limited supply.  This office space being offered on flexible lease terms with the additional bonus of allocated car parking.”

For further information or to arrange a viewing please contact Anthony Barrowcliffe on 0115 841 1148 or email anthony@fhp.co.uk.

M7 have confirmed that they have completed the largest office letting in Nottingham since the first quarter of 2016 with the announcement that they have let their 31,000ft² building at Central Park, Lenton Lane, Nottingham to Siemens Plc in a deal brokered by FHP (Nottingham).

M7 Real Estate ‘M7’ the pan European Investor and Asset Manager have confirmed that acting on behalf of M7 Real Estate Investment Partners II (‘M7 REIP II’) they have completed the letting of their 31,000ft² building at Central Park, Nottingham, NG7 2NR.

The building was originally constructed in the early 1990s and acquired by M7 in 2015.  At the time of acquisition the building had been vacated by Tech Guys (part of Dixons Stores Group) with the building being in a poor state of repair but held on a lease which ran until August 2017.

In advance of the end of the lease M7, through their Agents FHP, undertook soft marketing of the property and they identified Siemens who were seeking to identify a property to relocate from their existing offices at Lambourne Drive in Wollaton.

By presenting a bespoke refurbishment package M7 have attracted Siemens to the property – they committed to undertake a fast track refurbishment bespoke to Siemens requirements integrating both the Landlord’s and the Tenant’s work to enable the building to be delivered and ready for occupation in November 2017.

John Murnaghan of M7 confirmed:-

“We are delighted to have attracted Siemens to Central Park – we spotted the opportunity of the building when we purchased in 2015 for us to be able to provide Grade A offices in a highly accessible and convenient location at a rental less than that being charged elsewhere within the City.  Working with our professional team we put together a package to work with Siemens to deliver the building in a short period of time”.

The pre-negotiations enabled M7’s Contractors, Office Innovations, to immediately start on site at the beginning of September, the comprehensive refurbishment involving renewal of air conditioning, reconfiguration internally, new ceilings, lighting, WCs and carpets in a refurbishment project understood to have a value of circa £2 million.

FHP’s Nottingham Office worked with M7 and Western Allison Wright (WAW) as Project Managers in agreeing the deal.

John Proctor at FHP confirmed:-

“This is a key deal for Nottingham – the refurbishment of Central Park retains a key employer of Siemens’ stature within the City for the foreseeable future and brings back to life an outdated building.  The proactive approach of M7 and their commitment to give us the flexibility to put forward bespoke refurbishment proposals to Siemens and deliver on a fast track basis were key to enable us to deliver a complex deal in such a short period of time.

With this deal confirmed FHP have now been involved in office transactions within the East Midlands area totalling more than 400,000ft² made up of sales, lettings, freehold acquisitions and leasehold acquisitions for a variety of Private Clients, Professional and Corporate Occupiers, Property Companies, Private Investors and Financial Institutions.

END

John Proctor

Thomas and the FHP team gave us effective, knowledgeable, attentive and professional service throughout their dealing of the sale of our property.  We shall certainly use them again in future transactions.

With levels of freehold office stock at an all-time low, FHP Property Consultants are delighted to bring to the market a rare opportunity to purchase a good quality, self-contained office premises located close to Junction 26 of the M1 Motorway.

Benefitting from good levels of on-site car parking, the property is also conveniently situated close to Eastwood Town Centre, with fantastic amenities right on its doorstep. Also available as a leasehold option, the offices extend to some 4,386ft² and provide a bright modern working environment over two floors, including reception, W.C and Kitchen facilities.

Thomas Szymkiw of FHP’s Office and Industrial Team commented;

 “This is a great opportunity for any business looking to acquire a well-appointed office premises within easy reach of the M1 Motorway, Nottingham and Derby. I anticipate that interest will be high and therefore urge any interested parties to contact us at FHP as soon as possible”

For further information, please contact Thomas Szymkiw of FHP Property Consultants on 0115 841 1159 or thomas@fhp.co.uk.

END

FHP Property Consultants are delighted to offer this opportunity to the market for the leasehold interest of this self-contained office which has recently been newly refurbished to a high standard being located in Beeston Town Centre.

The property is located on Vernon Avenue in Beeston and has excellent access to the city centre via the recently opened tram line and existing bus routes.  In addition, the property is easily accessible from the A52 which has good connections to Junction 25 of the M1 Motorway.  The property also benefitting from its close proximity to numerous retail and leisure operators including Sainsburys and Tesco Supermarket.

The property comprises a semi-detached two storey office premises, and measures in at 90m² (968ft²) being available on flexible lease terms with two car parking spaces.

Anthony Barrowcliffe from FHP Property Consultants comments:

“This is a great opportunity to occupy newly refurbished office space in a market where there is generally limited supply.  Benefiting from excellent transport routes, and being offered on flexible lease terms with the additional bonus of car parking.”

For further information or to arrange a viewing please contact Anthony Barrowcliffe on 0115 841 1148 or email anthony@fhp.co.uk.

We are delighted with our new office premises in Arnold. Thomas was professional to deal with from the start to finish and I would recommend FHP to anyone who requires help with finding a new office premises in the Nottingham area.

FHP Property Consultants are delighted to be offering to the market a rare opportunity to rent a 1,686ft² refurbished office in the heart of Nottingham’s historical Lace Market.

Forming part of a large Victorian former mill building, this ground floor suite benefits from brand new kitchenette, W.C and shower facilities and offers open plan office space with the added bonus of two, designated parking spaces. The space is both light and bright with LED inset lighting and several large period windows which flood the office with natural light. In addition, the entire suite has also been completely redecorated and re-carpeted.

Close to bars, restaurants and shops this opportunity would be ideal for any business looking to relocate to Nottingham’s Creative Quarter and all interested parties are advised to contact Thomas Szymkiw from FHP’s Office & Industrial team on 0115 841 1159 or thomas@fhp.co.uk.

FHP Property Consultants are delighted to have brokered the deal to enable Speech Therapy Specialists to open a brand new office in the heart of West Bridgford.

The Coach House is situated close to both Melton Road and Central Avenue and offers a delightful period office premises with parking to house their growing business. The company was launched through the demand for Speech & Language Therapy Services by families and schools in the region,  aiming to bridge the gap between what is required by those in need and the services available within the increasingly stretched NHS.

Louise Usher, Director of Speech Therapy Specialists commented;

“Speech Therapy Specialists Ltd are thrilled to have completed the contract for their new premises The Coach House, in a central position in West Bridgford. Thomas has been fantastic in organising the smooth transition of business premises. We look forward to a long and happy life in such a gorgeous building and that lots of children, parents and families will benefit from.” 

Thomas Szymkiw of FHP commented;

“West Bridgford is one of the most affluent and sought after areas of the city where with so little on the market to service the current level demand for offices, I am delighted that we have been able to help Louise and her team to find a new home.”

John Boardman, the Landlord commented;

“Thanks again to Thomas and the team at FHP for matching The Coach House with our lovely new tenants Speech Therapy Specialists. Once again, very happy with the level of service from FHP, good communication and a successful conclusion all round.” 

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.

FHP Property Consultants have recently completed the sales of two fantastic office opportunities at Edison Village on Nottingham’s Science Park. Offering the purchasers both the luxury of being close to the city centre but also the ring road, the location is conveniently accessible to both staff and visitors alike.

Unit 4 has been snapped up by Turning Point UK, a well-established management consultancy who had been looking to purchase an office for a while, however couldn’t seem to find the right one. This unit ticked all the boxes and offered them refurbished accommodation situated over two floors with generous parking facilities.

Unit 11 has been bought by Acres Architecture, an expanding practice who were looking for an opportunity to move to an office that they could really put their stamp on in terms of a bespoke internal fit out, this one fortunately fitting the bill perfectly.

Thomas Szymkiw from FHP’s Office and Industrial Team who brokered both the deals commented;

“Taking into account the lack of freehold office opportunities in this size bracket and in Nottingham generally, I wasn’t surprised by the level of interest received in these units – so much so we managed to get one of the units under offer after the first and only viewing”

For further information on other 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

Thomas Szymkiw

10/10/2017

Without the need for a For Sale board, we have completed and sold our Nottingham office.  Although I was a little sceptical at first, Thomas Szymkiw at FHP explained that he ‘thought he had a buyer’. This proved to be the case, and our sale went through on a single viewing, with no advertising.  Although there were a few legals on the way, FHP stuck to their guns and retained the sale.  I can recommend them wholeheartedly to anyone looking to sell in the East Midlands.

FHP Property Consultants are pleased to bring to the market this high quality two storey office building at Key Point Office Village Alfreton, which enjoys an excellent location off the A38 dual carriageway, approximately 2 miles from Junction 28 of the M1.

Finished to an excellent specification, the offices extend to some 1,970ft² and have the benefit of 6 designated car parking space within a courtyard environment.

Tim Richardson from FHP Property Consultants comments:

“This is a modern development of offices in a very convenient location providing fast access to both the M1, and to Derby/West Midlands.  The rent is very competitive at around £10 per ft² and we anticipate that interest will be good”.

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

The comprehensive refurbishment of One Royal Standard Place will create Nottingham’s highest quality Grade A offices available in the City.

Practical completion will take place in the next couple of weeks delivering between 9,000ft² and 28,500ft².

On behalf of clients Telereal Trillium, FHP Property Consultants are pleased to bring to market the leasehold and freehold interest of 10 Normanton Road, Derby.

This landmark building was constructed in the early 1930’s and comprises a detached two-storey office building with secure parking to the rear.  The accommodation extends to approximately 10,989ft and is available by way of new lease at a rent of £60,000 per annum or to buy at a guide price of £750,000.

The property is currently occupied by Derby Jobcentre Plus, who will shortly be relocating to space with Derby City Council.

Darran Severn from FHP Property Consultants commented:-

“I am pleased to offer this property to market and I envisage good levels of interest given the location and proximity to the new Aldi and College Retail Park scheme.  This opportunity may suit a number of different users such as owner occupies, developers or investors.”    

For further information or to arrange a viewing, please do not hesitate to contact Darran Severn n 01332 343222 or darran@fhp.co.uk.

We were extremely pleased with the service and attention to detail we received whilst securing this property

Thanks again to Thomas and the team at FHP for matching The Coach House with our lovely new tenants Speech Therapy Specialists. Once again, very happy with the level of service from FHP, good communication and a successful conclusion all round.

Fostering People, an Ofsted rated ‘Outstanding’ fostering agency, have taken new offices at The Point in West Bridgford following their relocation from the Civic Centre on Trent Bridge which is set for redevelopment. Fostering People’s head office has been in West Bridgford since 2000, the head office supports hundreds of fostering families in over 50 towns and cities across the UK.

The Point in West Bridgford is now fully occupied and Fostering People add to an already strong group of tenants in the building such as Protocol International, Handelsbanken, Intoware and The Stroke Association.

Mark Tomlinson, Director of FHP Property Consultants who acted on behalf of the Landlords in the deal comments:

“We have been working with the Landlords ever since their acquisition of the building and I am delighted that we have secured such a good quality tenant for the final suite. We have managed to secure an excellent occupier profile for the building with a good mix of National operators in various sectors such as recruitment, finance and technology.

The property is one of the best quality spaces in the area with Grade A specification a short walk from West Bridgford town centre.  Acquiring good quality office space in Nottinghamshire is becoming increasingly tricky for occupiers with an increasing lack of availability so it is important that occupiers engage with the market early when considering their ongoing expansion requirements”.

Specialist Advisors Limited (SA) have recently completed on the purchase of The Old School House in the Lace Market in a deal brokered by FHP Property Consultants.

SA, which provides global marketing and specialist consultancy services to the financial services industry, has created 10 new full-time jobs at its new Nottingham base, in addition to several part-time consultancy roles.

The Old School House is a typical architecturally pleasing Lace Market building accommodating 1,366ft² over 3 storeys with a mixture of original brick walls and modern high-quality office specification recently refurbished to a high standard.

Mark Tomlinson Director at FHP Property Consultants commented:

“Specialist Advisors is a welcome addition to the Lace Market and beat off some stiff competition in securing this property.

Office space in Nottingham Creative Quarter is increasingly sought after, with the area having become a hub for the creative and tech industries within the city.  Values are increasing month by month with freehold opportunities especially being snapped up by growing occupiers.  We are now at the point where we are providing advice on the viability of residential to office schemes.  Watch this space!

Stuart Anderson, CEO of SA, said:

“With clients all over the UK and overseas, it was important that we chose a location with good transport links. We also recognise that in the right surroundings employees tend to thrive. Working in a nice building with that extra bit of character, and being surrounded by quality shops and restaurants, your productivity is likely to increase.

FHP did a great job in helping us with the purchase of The Old School House, and we look forward to many happy and successful years here”.

Chris Proctor who assisted the deal commented:

“The property gained a high level of interest with a total of 6 freehold offers and 2 leasehold offers with SA achieving the accepted freehold offer well above the asking price.

It has been a pleasure to complete a deal with SA and I hope we can further our relationship with the business in the future.”

For further information or to discuss other office opportunities please contact Mark Tomlinson at FHP Property Consultants on 0115 841 1134 / 07917 576254 or email him on mark@fhp.co.uk.

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