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.

FHP Property Consultants have recently brought to the market the former Arrow premises on Sherwood Park at Junction 27 of the M1 motorway.  The occupiers, Arrow, are due to vacate the premises in the latter part of this year which will provide a two storey self-contained office building of 12,131 sq ft which was substantially refurbished under five years ago.

The property will be available on a new lease, alternatively, our clients would also consider a sale with full vacant possession.

For further information, please contact Mark Tomlinson at FHP on 07917 576 254 or our joint agents, Innes England.

On behalf of Private Clients, FHP Property Consultants are pleased to bring to the market Florence House, which is ideally situated on Kedleston Road to the north west of Derby City Centre.  The City Centre and University of Derby are both within a 15 minute walk.

The property was built in 1793 and provides a mixture of cellular residential accommodation including eleven lettable bedrooms set over three floors.  To the rear of the site are two mews cottages.

The freehold is available to purchase at a guide price of £649,000.  The property is 85% let on AST agreements.

Darran Severn from FHP Property Consultants commented:-

“This is an excellent opportunity to acquire a substantial property in a desirable location.  There are several angles to add value and I look forward to discussing these option with and investors or developers”.

For further information or to arrange a viewing, please contact Darran Severn on 01332 343 222 or darran@fhp.co.uk.

It has been a successful start to the year at Marshall House Business Centre, Heanor, where the remaining 1,729ft² of office space has been let to Salcs Installations.

The property, located on Heanorgate Road, provides good quality office space, which was previously refurbished to a high standard and benefits from high speed fibre optic broadband.

Darran Severn from FHP Property Consultants comments:

“With quick decision making between all parties, we were able to turn this around within ten days of the initial viewing.  It’s great to see the building fully let and all parties are extremely pleased with the result.”

If you are currently looking for office premises in the area, we have a modern detached office building providing 1,370ft² available to lease in Smalley.

For further information on this letting, please contact Darran Severn on 01332 343222 or darran@fhp.co.uk.

Midlands based property group, Godwin Developments, have confirmed that they are relocating their Nottingham HQ to Castlebridge Office Village in Castle Marina, Nottingham as they plan to expand their established property team to keep pace with their ongoing expansion.  

The confirmation that Godwin have taken Castlebridge Office Village follows the opening of their Birmingham Office on Colmore Row which opened in November 2016.

Godwin Developments was formed by brothers, Stephen and Stuart Pratt, in 2003 with the duo specialising mainly in large mixed use schemes, PRS sites and roadside retail developments across the UK.

The 1,500ft² office building at Castlebridge has recently been refurbished by Private Clients of FHP and it is planned that following recruitment that Godwin will have 14 staff based at the office.

Stephen Pratt of Godwin Developments confirmed:-

“We are in the process of recruiting a number of key team members who will help with the project management and implementation of our development programme which after years of evolution is finally coming to fruition.

We have a number of high profile developments in the midlands which we will be unveiling over the coming months and we were looking for a good quality operations office in Central Nottingham to help us fulfil our growth.

The offices at Castle Marina have been refurbished to a high standard, offer excellent onsite car parking and fitted the bill”.

Godwin are the latest Tenants to take space at Castlebridge joining Sumo Digital, Taylor Maxwell and Fat Free Media who have all moved into the offices over the past 12 months following the relocation of Instant Cash Loans who previously occupied the property.

ENDS

John Proctor

Date:  17^th January 2017

Tel: 0115 9507577

Email: johnp@fhp.co.uk

Acting on behalf of CWC Group, Tim Gilbertson of FHP has put together a brief retrospective of 2016 to provide a flavour of the deals completed at CWC Group’s fantastic Ivanhoe Business Park development at Ashby-de-la-Zouch just off the M42.

Tim Gilbertson commented:

“What a year 2016 was!  Lots of deals done across distribution, manufacturing, trade counter, office and ancillary sectors with numerous buildings built.  Further deals are now ‘under offer’ and hopefully 2017 will see as much activity on site, not only in terms of bespoke buildings but also with our clients now embarking on the speculative development of six self contained offices.

Ivanhoe has been an unprecedented success but we still have the opportunity to provide a fantastic base for office occupiers with the remaining speculative offices being constructed.  I would be delighted to discuss any office requirements with potential occupiers for the scheme.”

For further information or to discuss please contact Tim Gilbertson on 0115 9507577.

FHP along with our joint agents, Knight Frank are delighted to be marketing the Leicester Colosseum situated on Melton Road, close to the City Centre.

This is a unique opportunity to purchase a local landmark that extends to 18,729ft² which has substantial frontage to Leicester’s popular Golden Mile, benefitting from being situated near to shops, restaurants and jewellers. The Art Deco building has served the local community since 1933 and has previously been used as a cinema, bingo hall and most recently a shopping mall and banqueting hall with a capacity of up to 500 persons.

The property would be ideal for a variety of alternative uses, such as weddings, conferencing or a community centre.

For further information or to arrange a viewing, please contact Thomas Szymkiw of FHP Property Consultants on 0115 841 1159 or thomas@fhp.co.uk. Alternatively contact our joint agents, Knight Frank on 0121 200 2220.

Clients of BMO Real Estate Partners (BMO REP) reveal the proposed images for the remodelling of 1 Royal Standard Place and confirm that Contractors have now been appointed to deliver this new 28,000ft² Grade A office scheme in August 2017.

1 Royal Standard Place has, since 1996, been the home to Eversheds Solicitors and formed one of the first phases of development which transformed the former Nottingham General Hospital into The Arena, one of Nottingham’s most prestigious mixed use schemes adjacent to Nottingham Castle.

BMO REP act for the current owners and have confirmed that following the relocation of Eversheds to new offices within Nottingham that they will be undertaking a prestigious new refurbishment costing in excess of £2 million to provide a 28,000ft² self contained Grade A office building which is to be marketed both as a headquarters building but is equally designed to subdivide to let on a floor by floor basis.

BMO REP have been at the forefront of refurbishing office buildings to a high standard within Nottingham,  having successfully overseen the refurbishment of Park View House on The Ropewalk which is now occupied by Allied Irish Bank, Gateley Solicitors and Mazars Accountants and 37 Park Row which attracted Now Pensions’ location into Nottingham.  Simon McIntosh at BMO REP confirmed:-

“The lack of speculative development within cities such as Nottingham provides an opportunity to refurbish good quality buildings and provide the equivalent space of a new build development and we have certainly seen in our previous refurbishments of Park View House and 37 Park Row that this strategy is welcomed by the market and has enabled us to look to drive rents back to levels which were previously being regularly achieved prior to the onset of the recession.

1 Royal Standard Place is larger and of a stature which enables us to lift the bar once again and the quality of the refurbishment will we believe be second to none for the City”.

John Proctor and James Keeton of the Nottingham offices of FHP and JLL respectively have been appointed to market the space and in a conversation with them James confirmed:-

“Nottingham’s standing as a regional and commercial centre is dependent upon the quality of offices that we can offer at any one particular time.  1 Royal Standard Place is, so far as we are aware, the largest single speculative office refurbishment which is planned for the City during 2017 and will provide much needed Grade A space within Nottingham’s market.

In a recent review of the market undertaken for our Clients we jointly established that there is approximately 65,000ft² of Grade A accommodation available within Central Nottingham at the present time, whereas demand for Central Nottingham should, we would hope, in 2017 exceed 200,000ft² and there is clearly an imbalance”.

John Proctor added:-

“It is frustrating at the current time – we are struggling to offer a good breadth of options to indigenous requirements which potentially endangers retention of existing office occupiers within the City and the lack of speculative development is putting us behind our regional competitors so we are delighted that BMO have bought into providing such a good quality product on a speculative basis”.

The building totals some 28,000ft² with each individual floor offering slightly over 9,000ft² of open plan offices.

Full information on the building is available by contacting John Proctor at FHP on 0115 841 1130 / johnp@fhp.co.uk or James Keeton at JLL on 0115 908 2123 / James.Keeton@eu.jll.com

ENDS

John Proctor

Tel: 0115 9507577

Email: johnp@fhp.co.uk

Date:  29^th January 2017

During the course of 2016, it become increasingly difficult to acquire good quality office space in Derby, and in particular accommodation on Pride Park.  FHP Property Consultants were therefore very pleased to have been instructed to offer a self-contained office building on St Christopher’s Way on Pride Park which extends to some 3,100ft² together with its own car park and providing good quality modern space. FHP Property Consultants undertook a proactive targeted marketing exercise culminating in the property being placed under offer within four weeks.

Tim Richardson of FHP Property Consultants comments:

“Pride Park is Derby’s most prestigious business park location and provides excellent access by both road, rail and bus.  There are very few buildings available either on Pride Park or indeed within the City itself which is making it difficult to satisfy requirements for offices.  Indeed, we would be pleased to hear from anybody who may have surplus space becoming available.”

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

Mark Tomlinson and Chris Proctor of FHP Property Consultants present 5 of their favourite office fit outs from around the globe.

Mark Tomlinson commented “The office strategies of many companies have changed over the past few years with a real shift towards creating a social, collaborative and informal environment. Companies want their employees and clients to feel welcome and comfortable within the working environment, that way they spend more time at work because they don’t want to leave!”

FIND OUT OUR TOP 5 BY CLICKING BELOW!

Bespoke built for expanding engineering, consultancy and design management company, Premtech, superbly specified two storey offices of over 5,000ft² have just been completed at Ivanhoe Business Park, Ashby-de-la-Zouch.

Built to Premtech’s precise specifications and constructed by developers CWC Group to exacting standards, Premtech become the latest occupier on this highly successful park.

Designed specifically to provide a fantastic working environment for their staff, the space will complement the company’s growth and act as a catalyst for continued success.

Development Director, James Richards, commented:

“After Tim Gilbertson at FHP initially agreed this deal I have overseen the matter throughout the legal process and then through the construction phase itself and I am delighted with the end result, more importantly though so is our new occupier!

As developer and owner of the business park we are committed to ensure that all buildings are built to the best standards possible for our occupiers benefit and that the park continues to be a high quality premier mixed use business park which both occupiers and ourselves can be proud of long after the site is fully built out.  We wish Premtech well and know that this building will serve them superbly for the future.”

Tim Gilbertson who agreed the deal with Premtech commented:

“It is great to see another Ashby based company relocating to take advantage of Ivanhoe’s superb location and the excellent specification that our clients insist upon with every building.

The Premtech deal sees another high calibre office occupier on the park and given the strength of interest in the business park our clients are speculatively constructing this year a range of offices which should be ready for occupation before the end of 2017.

All buildings will be available to purchase or rent and we do hope that the ongoing demand continues.”

For further information on Ivanhoe Business Park and how it might provide a new home for your office company, please contact Tim Gilbertson at FHP or Phil Randle at Salloway.

The former dwelling of the renowned architect, T C Hine, who is responsible for many of the regency buildings in Nottingham’s Professional Quarter and The Park Estate between 1850 and the 1880’s, has recently been sold by Mark Tomlinson at FHP Property Consultants.

The building has been sold and will be used for office purposes by Credit Incentives Ltd who intend to occupy part of the premises and also create a business centre for likeminded businesses to use the remainder of this highly featured and very attractive premises.

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

“This is a fantastic building, having been previously restored and refurbished sympathetically by our clients.  I am delighted that the new owners will be bringing the building back to life for office use as this would undoubtedly offer one of the best quality buildings for small businesses in the professional quarter of the city.  There are increasingly few options for small businesses in Nottingham City Centre to occupy good quality premises such as this, with the redevelopment of many office buildings for residential use and as such, supply is dwindling.  I am sure this will be an excellent office option for years to come”.

FHP Property Consultants have recently concluded the sale of a 10,000 sq ft office development at Chelsea Court in the Basford area of Nottingham.

The property comprises four separate self-contained office buildings which have previously been used for a mixture of office and education purposes.  The property has been recently purchased by Chelsea Court Developments Limited who intend to undertake an apartment scheme on the site.

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

“We continue to see this trend of conversion of office buildings to residential throughout Nottingham, not only have we concluded various sales in Nottingham City Centre but now residential development is becoming viable on the fringes of the city where we have recently concluded a number of sales including the recent sale of a 7,000 sq ft building on Pelham Road.  Appetite for this type of development shows little sign of abating and I expect this trend to continue well into 2017, I wish the new owners every success with this new development”.

Beeston Business Park LLP have commenced the refurbishment of the HQ office premises at Waterfront House on the established Beeston Business Park. The offices, which provide a single floor plate of over 21,000 sq ft at first floor level with an excellent car parking ratio are due to be refurbished to a high standard incorporating new lighting, suspended ceilings and a substantial refurbishment of the air handling to provide a Grade A specification. Once completed, this building will provide one of the best quality offices available in greater Nottingham of this size with a further 40,000 sq ft due to be released later next year.

We anticipate a 12 week refurbishment programme and hope to have the space fully presented and ready for occupation by March 2017.

For further information on the opportunity here, please contact Mark Tomlinson on 07916 576 254.