We’re delighted with our new office. The bright, open plan space is perfect for us as a strategic digital agency and with plenty of room to expand into it’s also great for our growing business.  We’d highly recommend FHP to anyone in future and will definitely make them our first port of call should we need any more space to expand into.

Developers of Ivanhoe Business Park at Ashby-de-la-Zouch, Clowes Developments, plus agents Tim Gilbertson of FHP and Phil Randle of Salloway are delighted to confirm that the next occupier on site will be Woodwards Vets.  A ‘household name’ in Ashby-de-la-Zouch and surrounding areas, Woodwards have take the decision to relocate to purpose built modern facilities to continue their longstanding tradition of fantastic service to their customers and most importantly their animals and the bespoke facility to be constructed at Ivanhoe Business Park will enable them to offer cutting edge care.

Tim Gilbertson of FHP brokered the deal with Matthew Liggins of Musson Liggins who acted on behalf of Woodwards Vets and commented:

“This is great news for Ivanhoe Business Park and brings another hugely well regarded name to the site to complement our various office, industrial and distribution occupiers plus latest new arrivals, Fisher German Surveyors whose new state of the art office will open at the end of the year.

Woodward Vets have been a pleasure to deal with throughout our negotiations and we have no doubt that this new bespoke facility will be a welcome addition to our client’s business park but will also more importantly provide a fantastic base for Woodwards to continue their longstanding service to the owners of animals in Ashby-de-la-Zouch and the surrounding regions.”

David Woodward of Woodward Veterinary Practice Ltd and Matthew Liggins of Musson Liggins Chartered Surveyors who represented Woodward Veterinary Practice throughout the transaction are very pleased to be able to make this announcement about our new surgery:

“It has been our ambition for many years to move the practice to purpose built premises, with the need, firmly in mind, for much better facilities for our patients, clients and staff coupled with improved access and parking, whilst still retaining our independent status.

Working closely and positively with Clowes Developments for more than two years, we have been able to start from scratch and design a purpose built building both to achieve this ambition and, as the principal veterinary practice in Ashby, to cope with present and future demand for veterinary services in and around the town.” 

Ivanhoe Business Park is flying, with buildings being constructed on site and seven further deals currently in solicitor’s hands and it is anticipated that further new occupiers will be announced within the coming days.

However, with 12 acres of land left to develop to meet any industrial, distribution or office occupier’s requirements there is still time to take advantage of this fantastic site and location.

For further information please contact Tim Gilbertson at FHP on 0115 9507577 or Phil Randle at Salloway on 01283 500030.

Whilst there has been an impressive take up across the Nottinghamshire market for office buildings, demand appears to have outstripped supply, with Grade A buildings being reduced to few and far between and a complete lack of new development to compensate. As a result is it Mansfield’s time to step in as the competing alternative? Certainly quality buildings are here, with Mansfield offering a host of Grade A buildings at competitive pricing levels.

Due to extensive development prior to the recession, Mansfield stands alone in its ability to boast many great grade A office sites, yet with a lacking demand over previous years, it is quite possibly the time to secure the facilities before the market catches on. Whilst being relatively forgotten in terms of office take up, it seems wholly unjustified; with close links to the M1 which take you within reach of business epicentres such as Derby and Nottingham, Mansfield is situated well for new office developments.

On a purely cost basis, the facts speak for themselves. Comparatively, Mansfield offers the same Grade A facilities at two thirds of the price of its competitor; an equivalent space in Nottingham, J26, would cost £13 per sq ft, whilst Mansfield can provide the same at an average of £8, a significant change from moving just two junctions along on the M1 corridor.

The business environment in the area is also developing. Mansfield has roughly 40% of its population working within C1 graded jobs and above, from the supervisory junior managerial levels, to higher managerial professional jobs, which brings it firmly into the picture for any companies looking to find a fresh place to settle.

There remains office availability at various high-spec developments including Sherwood Oaks Business Park and the i2 Centre on Oakham Business Park, with Grade A office suites ranging from 1,557 to over 8,000 sq ft. They also sit within a secure, landscaped environment and offer on-site car parking at levels which almost embarrass provision offered on business parks around Nottingham City.

With Mansfield offering more Grade A office spaces at lower rates than Nottingham, and with the handy location in-between J28 and J29 of the M1 providing links to other viable cities and potential for accessibility, the office spaces are a prime opportunity waiting to grasped.

For further information on office opportunities in Mansfield contact Mark Tomlinson at FHP on 0115 841 1134 or mark@fhp.co.uk

BMO Global Investors on behalf of their Clients, FP Life, have recently completed an exceptional refurbishment of 37 Park Row in Central Nottingham to provide a genuine Grade A standard office building.

Attention to detail within the reception and common areas is complemented by LED lighting within the refurbished open plan offices, refurbished WCs and showers and appropriate provision of guest / visitor facilities.

The space has just been unveiled and launched to the market and already detailed discussions are ongoing from a number of parties.

Further information is available by contacting John Proctor at FHP who commented:-

“We have been striving for some time to achieve the level of quality that one sees in virtually every office building in the major regional centres. This is the level of quality that substantial occupiers and regional occupiers now demand.

I appreciate that the recession has held back investment in properties but now we are seeing a return of demand in the office sector and an increase in rental and capital values – now is the time to invest”.

29^th July 2015

For further information contact John Proctor at FHP on 0115 950 7577

Ben Bailey Homes have moved into their stunning newly refurbished 10,000ft² offices at Phoenix Office Park, Junction 26.

The 2004 built building has been transformed by both the Landlord’s refurbishment undertaken by owners, Mutley Properties, and the polished fit out by Ben Bailey.

This is great news for Nottingham. Junction 26 as an office location has seen difficult times in recent years and this is a significant letting bringing life into one of Nottingham’s main office parks.

30^th July 2015

For further information contact John Proctor at FHP on 0115 950 7577

FHP Property Consultants are delighted to have been instructed to market a new build development at Junction 28 of the M1 Motorway, South Normanton, Derbyshire.  The property comprises the final stage of The Village Office Development on Maisies Way, which comprises a very successful scheme constructed over the last few years.

Tim Richardson from FHP’s Property Consultants who are marketing the premises from both their Derby and Nottingham offices comments:

“This is an excellent opportunity to have new build commercial premises constructed to your design and specification, whether it be conventional offices, lab space, high tech industry, healthcare or similar uses.  The property sits within secure private landscaped grounds accessed via the private service road with 24 hour manned gatehouse and site wide CCTV.”

Further, the property has excellent motorway access being located half a mile from Junction 28 of the M1 at its intersection with the A38 dual carriageway.  The Village is within close proximity to the East Midlands Designer Outlet Village which provides numerous shops, cafes and dining facilities.  Buildings can be designed to suit occupiers requirements and specification and offered on a freehold or leasehold basis.

For further detail please contact Tim Richardson at FHP on 01332 343 222 or Mark Tomlinson on

0115 958 7577.

Ends.

July 2015

FHP Property Consultants are pleased to have been instructed to market a substantial office suite in Derby City Centre.  The premises are situated on the second floor of Victoria Chambers, which is a prominent substantial building on London Road opposite the Intu Centre.  Ground floor occupiers include Argos and Wilko, making the premises easy to identify.

The offices have a ground floor entrance foyer with stairs and lift leading to refurbished high quality office accommodation finished to a high standard including gas fired central heating and perimeter data trunking.  Some parking spaces are available together with potential for additional contract parking nearby.

The suite extends to some 389m² (4,187ft²) and has the benefit of all City Centre amenities nearby, easy road access and being within walking distance of the bus and railway stations.

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

End.

July 2015

FHP Property Consultants are delighted to be able to offer a ground floor office suite on Pride Park in Derby which is currently undergoing complete refurbishment and upgrade to provide high quality space in an excellent location.

9 Riverside Court is situated in a prominent position fronting Riverside Way, one of the main arterial roads through Pride Park, which is Derby’s premier business location.

The suite extends to some 1,150ft² or thereabouts and when finished will incorporate suspended ceiling with inset lighting, comfort cooling, raised access floors and staff facilities.  Other occupiers within the courtyard include Maber Architects, Radleigh Homes, Cedar House Investments, Angel Trains and of course ourselves, FHP!

The suite will be available to let on a new lease and early interest is encouraged.

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

 
End.

July 2015

FHP Property Consultants are pleased to have been appointed to market two office suites now available in Darley Abbey in Derby.  The offices form part of the Darley Stables Complex which was completely renovated in 2014 having previously lain derelict for many years.  The Stables form part of the former Darley Hall and are situated in a very pleasant parkland environment at the northern end of Darley Park.  There is therefore an onsite café, parkland, the River Derwent and the village amenities on the doorstep, and the complex still has excellent road communications being close to the A6 and A38.

The two suites extend to 100m² and 105m² (1076ft² and 1130ft²) available individually or combined and include a number of unique historic features.  The offices are available to let on flexible new lease terms.

For further information contact Tim Richardson at FHP on 01332 343 222.

FHP Property Consultants are pleased to announce the recent letting of Part Peel House Chesterfield to Infinity Martial Arts, who have signed a new 3 year lease on 2,143ft².

Darran Severn from FHP’s commented:

“It is great to see an alternative user in this building which perhaps may have struggled to attract a modern day office tenant”.

James Boyle Director of Infinity Martial Arts comments:

“Chesterfield is a perfect location for Infinity Martial Arts.  Not only is this traditional market town a beautiful place but it has a strong and growing population of families.  Chesterfield has also positively gained a lot of investment recently, securing more employment and attracting more local businesses.

This is exact what Infinity Martial Arts have been looking for and we can’t wait to be working with the local community to offer safe, enjoyable, professional martial arts in town and the surrounding area.”

There are now two remaining office suites available at Peel House, one of 1,633ft² and the other 4,175ft², both of which would suit a variety of uses.

For further information on this letting, please contact Darran Severn from FHP on 01332 343 222 or darran@fhp.co.uk.

End.

July 2015

We are thrilled to be moving into Quantum House and feel it’s the perfect place from which we can grow our business. FHP were pivotal in our decision to move into the property, they were professional, curious and reactive – meeting us with only 20 minutes notice!

FHP have recently been instructed to sell Hine House on Regent Street in the Professional Quarter of Nottingham city center.   The property comprises a Grade II listed office building of some 4,000ft² which has recently been refurbished to a high standard and is being offered for sale.

Mark Tomlinson of FHP Property Consultants commented:-

“Our client has recently undertaken a substantial refurbishment program on this property which provides a fantastic office environment whilst maintaining many of the buildings original features.  The property would suit a growing local business to occupy the premises, also the property also does lend itself to be split into two parts to suit separate companies if required.”

Further details on this rare opportunity are available from the agent Mark Tomlinson on 07917 576 254 or Mark@fhp.co.uk.

FHP acting on behalf of private clients are delighted to announce the recent letting of two office suites at High Cross Street in Hockley, Nottingham to Legal Recoveries and Collections Ltd (LRC).

LRC have taken a total of 3,425ft² spread across two floors satisfying their requirement to relocate their existing Nottingham based operations into the City Centre.

Lucinda Hancock of FHP Property Consultants who concluded the letting commented:-

“Having identified LRC’s key search criteria we looked at a number of different City based options before the opportunity at High Cross Street was determined to tick all the boxes. The suites were beautifully presented having been speculatively refurbished and facilitated a smooth relocation into the premises following swift completion of the legals”.

“We only have one available suite remaining at High Cross Street and I anticipate that the building will be fully occupied in the near future”.

Claire Stocks, Director at Legal Recoveries and Collections Ltd commented:-

“Legal Recoveries and Collections Ltd (LRC) are a long established Nottingham based Debt Recovery Agency and we will be moving back into the heart of Nottingham City Centre at the end of June”.

“This is an exciting move forward for the business and the recently renovated property at High Cross Street, Nottingham will provide the right amount of space needed for growth and a stronger local professional presence in the City Centre for meetings and events.”

For further information with respect to this letting, please contact Lucinda Hancock of FHP Property Consultants on 0115 841 4794 or lucinda@fhp.co.uk

END

The Derby office market is going through interesting times at the moment and in this review Tim Richardson of FHP Property Consultants in Derby looks at current trends and how the market may evolve in the CIty.

Over the last few years we have seen an increasing supply of outdated secondary office space within the City Centre which has proved difficult to let.  Up until about 2008 these were achieving reasonable rents in the order of £7-£10 per ft² but over the last five years have really struggled to secure much interest at all and now with an improving residential sector we are seeing these being converted to apartments.  These buildings are some of the most well known in the City, such as St Peters House comprising some 100,000ft² of office space, recently sold for conversion to 147 apartments,  and the 35,000 sq ft Roman House on Friar Gate, a former City Council building, also being sold for conversion.

The Heritage Gate office complex, once in its heyday the place to be, faces an uncertain future, with only 20% occupancy and currently on the market.  We anticipate that most of this will go for residential conversion.  However, it is a good commercial location and it would be nice to think that at least some of it such as Norman House will remain as offices and be refurbished to provide the type of high spec accommodation that people now require.

This leaves very little good quality office accommodation in the City Centre.  There is virtually nothing to buy freehold for small owner occupiers or pension funds, and no grade A space ready to move into.  Friar Gate Square has been taken by the University of Derby for their Law School, and while some argue that this demonstrates that there is scant demand for City Centre offices, this is definitely not the case.  Friar Gate Square was initially intended to suit a single major occupier which didn’t quite happen and although it could have been split for smaller suites, that sector of the market wasn’t yet ready to pay £18.50 per ft² when you could still get perfectly good space at Pride Park for £10 per ft².

We continue to see an exodus from the City Centre to Pride Park, despite the best efforts of the City Council and others and it is not necessarily driven by desire for people to be on Pride Park, more due to the lack of suitable stock in the City Centre.  From the businesses we talk to there is a strong appetite from local companies to move back into the Centre if only there were the right product there.  This is in part borne out by the success of the Connect Derby Scheme which provides City Centre space such as Sadler Bridge Studios and the former Magistrates Court mainly aimed at smaller enterprises.

At the moment, well located refurbished space in suites of 1,000-5,000ft² certainly have an appeal and this can be accommodated in buildings such as Laurie House  in the City Centre where our clients have refurbished the external and common parts to a very high standard and let one floor to Citibase.  Additional refurbished space is available at a very competitive rent in the order of £8 per ft².

New build offices in the City are still proving challenging, partly due to land values, build costs and a reluctance from occupiers to pay the figure necessary to make such schemes viable.  However, with rents on Pride Park and on good quality accommodation increasing then the gap between a new build rent and a well specified second hand rent is diminishing.

Of the proposed City centre new build development we have seen Friar Gate Square go to education use, and Central Square on Cathedral Road is under construction as student accommodation.  Cedar House Investments’ City Gate House also on Cathedral Road can provide up to 56,000ft² of offices and is ready for development.

Also in the City Centre, Wilson Bowden’s Full Street development is under way with a Premier Inn and 46 apartments under construction and due to be completed by the end of the year.  Adjacent to this they are able to build out brand new offices known as One Cathedral Green which will be able to accommodate suites available from circa 2,000ft².

We are able to offer new build offices on St Mary’s Gate of 4,515ft², either on a design and build basis, or alternatively a land sale will be considered.

Whilst Derby is still very much a car based City, and availability of parking nearby is essential, the City Centre is the most sustainable location in terms of transport modes.

Pride Park as mentioned earlier continues to be popular and still has a reasonable availability of offices between the 1,000-10,000ft² size range, although if take-up continues in the way it has, then this stock will rapidly diminish and the final phases of schemes such as Pullman Business Park will come to an end leaving no new build available on Pride Park either.  There are still development opportunities available such as The Point on Hudson Way, which can accommodate requirements for new build offices up to circa 40,000ft² with easy accessibility and a two minute walk to the railway station.  We are seeing  improvements in rental values and capital values on Pride Park as the supply diminishes and the days when the tenant could take his pick of half a dozen properties and demand the best terms are now long gone.

We continue to see a higher level of enquiries for office space across the City both in the centre and out of town allied with increased confidence and there have been a number of key lettings to the professional services sector in the 1,000 -5,000ft² range.

The challenge moving forward is to make the jump between values for good second hand and brand new grade A space to make speculative new build viable and by the look of the market we are getting very close.

Contact:

Tim Richardson

FHP 01332 343222

FHP Property Consultants are delighted to announce that a further sale has been agreed at Ash Tree Court on Nottingham Business Park to Red Independent Financial Advisors a growing financial advisory company relocating from Strelley Hall.

Mark Tomlinson of FHP Property Consultants who concluded the sale commented:-

“This is the latest in a series of deals on Ash Tree Court marking a flurry of office activity on The Park which has seen vacancy levels reduce drastically. At the start of the year there were four units available on site, we now have just one unit remaining and have rental proposals out to two parties on this unit. This marks a significant change in the outlook of the office market which has been in the doldrums for some years and we are now managing to agree increasingly better freehold figures and stronger rental terms”.

“We have previously secured two further lettings on site to Community Solutions who are also relocating from Strelley Hall and also with Kelway”.

For more information about the Press Release, contact: Mark Tomlinson at FHP Property Consultants on 0115 950 7577.

ENDS

FHP Property Consultants are delighted to confirm the letting of a high quality 2 storey office building to GEW2 Limited.  The property has excellent access to the A38 and thereby M1 being located within the Key Point Office Village in Alfreton.  The premises extend to some 1,360ft² over two floors finished to an excellent specification providing a modern working environment with allocated parking within a court yard environment.

Tim Richardson of FHP comments:

“The lease to the previous tenant was due to expire in September 2015 but we identified a new tenant within days of placing the property on the market.  Terms were agreed and the new lease completed within a short timescale facilitating an early surrender of the previous lease to the mutual benefit of all parties.”

Iain Gorman from GEW2 comments:

“We were keen to secure a new premises and 4 Key Point offered modern space of exactly the right size and in the perfect location for us so it was an easy decision to take.  The property gives us an excellent base from which to drive forward the expansion of our business.”

Andrew Bock from Clowes Developments added:

“We are delighted to have secured a new lease to a high caliber tenant such as GEW2 within such a short timescale.  When we originally constructed the Office Village we had confidence in the location and the quality of buildings we constructed, and this view is supported by the level of interest FHP received.”

For further information please contact Tim Richardson at FHP on 01332 343 222.

Mark Tomlinson of FHP Property Consultants has recently concluded the sale of 29 – 31 Upper Parliament Street, Nottingham, a Grade II Listed Watson Fothergill Building fronting Upper Parliament Street and King Street in the heart of Nottingham City Centre.

The property comprises four floors of former office accommodation previously occupied by Freeth Cartwright and has been vacant for some time given the difficulties in the City Centre office market during the recession years.

The property has been purchased by 29 Stoney Street LLP, to carry out a residential conversion of the premises to provide a range of apartments for the private sector.

Mark Tomlinson of FHP Property Consultants commented:-

“I am delighted to have concluded this sale of such a landmark building in Nottingham City Centre and I am glad that it will now be put into use. I have worked with Andrew Davison-Hogg of 29 Stoney Street LLP on a previous project on Barker Gate and he does have an excellent track record in converting Listed Buildings to provide excellent quality product for the residential market.”

The purchaser Andrew Davison-Hogg of Stoney Street LLP commented:-

“We are very excited to have the responsibility of converting such a beautiful building and bringing it back into use.”

The purchaser is working with DL Design Studio Ltd to create a sympathetic scheme taking into account the Listed nature of the building.

Daniel Lacey of DL Design Studio Ltd, who is working with the new owners in designing the new scheme, commented:-

“We are excited to be working with Andrew to bring a new vibrancy into a prominent but vacant city centre listed building. He is a proactive and conscientious client and we are looking forward to helping him extract the best from the space, improve the life of the building and preserve the existing historical architecture.“

ENDS

FHP acting on behalf of private clients are delighted to announce the most recent letting at 36 Regent Street to Your Hair Clinic in Nottingham’s Professional Quarter.

Lucinda Hancock of FHP Property Consultants who concluded the letting commented:-

“Your Hair Clinic had targeted the Professional Quarter as their preferred location for the new clinic and I was thrilled that their chosen suite which recently became available at 36 Regent Street matched the key criteria of their requirement.”

Dwane Castillo of Your Hair Clinic commented:

“Your Hair Clinic offers a specialist treatment, so it was very important to us that we found suitable premises that complimented the needs of our business.

We are really pleased to have moved into 36 Regent Street; the property not only meets the requirements of our licencing legislation but also instils confidence to our customers that we are based in a quality environment.

36 Regent Street is well located for us in the well-respected Professional Quarter which is a beautiful area and accommodates sensitive and discreet nature of our business perfectly.”

For further information with respect to this letting, please contact Lucinda Hancock of FHP Property Consultants on 0115 841 4794 or lucinda@fhp.co.uk

FHP acting on behalf of private clients are delighted to announce the most recent letting at the now fully let Quantum House on College Street to The Framework Web Development Limited who have opened a new office based in Nottingham.

Lucinda Hancock of FHP Property Consultants who concluded the letting commented:-

“The team at The Framework Web Development Limited considered a number of options across the City Centre before focussing their requirement on the Professional Quarter. Having shortlisted two properties handled by FHP I was pleased that the opportunity at College Street was selected to satisfy their requirement.”

Stephan Hayward of The Framework Web Development Limited commented:-

“We are extremely excited to be moving into Quantum House, and feel it’s the perfect place from which we can grow our business. FHP (Lucinda) was pivotal in our decision to move into the property, they were professional, curious and reactive – meeting us with only 20 minutes’ notice!”

For further information with respect to this letting, please contact Lucinda Hancock of FHP Property Consultants on 0115 841 4794 or lucinda@fhp.co.uk

FHP Property Consultants are delighted to bring to market an office suite at Hope Drive on the prestigious Park Estate.

The suite comprises 318ft² of high quality office space in a multi let Victorian character building. The property is close to bars, restaurants, theatres, museums and is therefore ideally located for both business and entertaining.  It benefits from a bright, communal kitchen with seating and 24 hour access. The rent is inclusive of utilities, business rates and broadband.

Thomas Szymkiw of FHP’s Office Agency Team commented:

“With this suite offering the opportunity for any prospective tenant to essentially ‘plug in and go’ and with FHP seeing increased activity in the serviced office market I am confident that we will receive a high level of interest.  This is coupled with the fact that we previously let a suite in the building after only the first viewing.”

For further information or to arrange a viewing, please contact Thomas Szymkiw of FHP Property Consultants on 0115 8411159 or thomas@fhp.co.uk.

EAST MIDLANDS property developers Sladen Estates and Peveril Securities have purchased the flagship Nottingham site Unity Square – with the aim of driving forward its development, and further improving the city’s important southern gateway.

Sladen and Peveril, one of the East Midlands most successful commercial development partnerships, have bought the key development site opposite Nottingham Railway Station from Peel Land and Property Group for an undisclosed sum.

The site, which is at the heart of the city’s burgeoning regeneration zone, has planning permission to provide up to 460,000 sq ft of grade A offices and a new hotel with complementary retail and leisure uses surrounding a new public square.

Nick Sladen of Sladen Estates said the deal was proof that the Nottingham economy was growing, and that the lack of new office development in the city meant the time was right to proceed with the project.

“Nottingham has made a strong economic recovery, but the challenge it faces is that the downturn halted new development,” he said. “It left it with a shortage of grade A office space. We know the demand for space is out there, but professional occupiers looking for room to grow in the right location are struggling to find suitable accommodation in the city.

“The area around the railway station has undergone some substantial long-term investment, with the transformation of the railway station into a transport interchange and the exciting plans from intu for the redevelopment of intu Broadmarsh. Unity Square will put occupiers in the perfect place to take advantage of these investments, which is why we are delighted that Peel is passing the baton to us to push on with the scheme.”

The approved scheme has been designed and evolved by North West-based Peel which has been working closely with Nottingham City Council with the intention of starting demolition on the site shortly.

Richard Mawdsley, Peel’s development manager, said: “Unity Square is an excellent scheme which is now well shaped to take advantage of the upturn in the regional office market. With the economic improvement, the delivery phase of a number of our strategic projects are all coming to life at exactly the same time.

“We are naturally having to focus resources on our strategic land holdings and we feel Sladen Estates and Peveril are the right team to take Unity Square forward now and we are confident they will realise the vision for Unity Square.”

Based in the East Midlands, and headquartered in Derbyshire, Sladen Estates and Peveril Securities have an established background in the regional commercial property market with a track record of delivering large-scale developments across the country. Over the last 16 years, they have jointly completed projects worth more than £300 million in sectors including office, industrial, leisure and student accommodation.

Nick Sladen added: “Sladen and Peveril have an intimate knowledge of the local market and national development and contracting expertise so we jointly have the scale, expertise and resources to make the most of the opportunity that Unity Square now presents.”

Unity Square is being marketed by Nottingham property consultants FHP.

John Proctor, FHP director, said: “Unity Square has been a long time in the making and its delivery is a vital component of the regeneration of the southern gateway district of the city. It will bring much-needed new office space to a market which has been struggling to meet demand.

“The city council has been proactive in supporting the scheme which has also generated strong interest from both existing office occupiers and national enquiries. When the existing buildings are demolished, we will then start to see the potential for this scheme and start to fit the individual pieces of the jigsaw together to deliver both the business district and for us to be able to deliver an environment around Nottingham’s transportation interchange which will genuinely provide the standard of environment that you would expect to see when arriving in one of the country’s most progressive provincial core cities.”

For more information about the site, contact: John Proctor at FHP Property Consultants on 0115 950 7577.

ENDS

On behalf of private clients, FHP Property Consultants are delighted to bring to the market 12 Charnwood Street, Derby. This self contained office building extends to approximately 1,673ft² over three floors and offers a mixture of open plan and cellular office space.  The property also benefits from a secure private car park.

Charnwood Street provides a mix of office, healthcare and residential users and is situated half a mile from Derby City Centre, just 15 minutes walk from Derby train station.

The property is available to let by way of a new lease direct from the landlord at a rent of £12,950 per annum exclusive.

For further information on the property or to arrange a viewing, please contact Darran Severn at FHP Property Consultants on 01332 343 222 or email darran@fhp.co.uk.

Acting on behalf of clients FHP have recently completed a letting of the 1,060ft² Upper Floors at 1 East Circus Street to DLP Planning Limited for a 5 year term. DLP had been looking to relocate their East Midlands office to Nottingham for some time and having shortlisted a number of options in the City Centre opted to satisfy their property requirement in the Professional Quarter.

Lucinda Hancock of FHP who concluded the letting commented:

“DLP knew they wanted to be in Nottingham and I was delighted that 1 East Circus Street suited both their locational and operational requirements. I have no doubt DLP will swiftly settle in to what is now a fully occupied building and wish DLP every success in the continued development of their Midlands expansion onwardly.”

Jim Lomas of DLP Planning Limited commented:

“DLP Planning Limited have successfully relocated their East Midlands operation to 1 East Circus Street in Nottingham to provide increased opportunities for company expansion. The premises will provide an ideal platform to grow the East Midlands venture now based in the heart of Nottingham’s business district. The premises offer the opportunity to meet operational requirements in terms of office space, accessibility, visibility and off street customer parking all of which are qualities that attracted DLP to East Circus Street.”

“It has been a pleasure working with Lucinda in our quest to relocate the offices to Nottingham. Lucinda’s local knowledge of the market has assisted greatly in our decision to locate to the Professional Quarter following examination of various options within the City Centre. Lucinda has adopted a professional approach throughout our office search and has responded promptly to questions arising often at very short notice.”

We had been trying without success to market our commercial property near Mansfield for 6 months before we turned to Mark Tomlinson at FHP.

Within a week Mark had introduced us to a buyer and a deal was quickly struck.

Inevitably there were the usual transactional issues but Mark stayed with the process and intervened when necessary to ensure that the deal stayed on track to completion.

Accordingly, we are very happy to recommend Mark and the FHP service to potential clients.

FHP Property Consultants are delighted to announce the letting of the 4th Floor at Pearl House which has recently been taken by Reed Specialist Recruitment Limited who have moved from King Street in Nottingham City Centre.

This marks the latest in a string of office deals in Nottingham City Centre on multi-let offices which is reducing the availability of stock further.
Mark Tomlinson of FHP Property Consultants commented:-

“Shortly following the expiry of the previous lease and before we could even commence a refurbishment on the space we brought forward interest from Reed Recruitment for the building and the deal was completed from the initial viewing to completion of the lease in a matter of 4 weeks. Such is the lack of availability of good quality office space of this size in Nottingham City Centre we were able to obtain a strong deal on behalf of the Landlords”.

With full occupancy now achieved at The Pearl and also at Bridlesmith House and the city centre office levels are ever decreasing. As a result we hope to see rents increase and greater appetite amongst Landlords to refurbish existing buildings instead of turning to the student residential market, which has been a major theme in Nottingham city centre.

END

FHP Property Consultants are delighted to announce the letting of a 3,000ft² office suite within Bridlesmith House achieving full occupancy on the site on behalf of the Landlords.
The offices have been taken by The Together Agency, a brand and design agency currently based in the Creative Quarter of Nottingham who have expanded their offices within the city.

Mark Tomlinson of FHP Property Consultants who concluded the letting commented:-
“There is a lack of good quality office space within Nottingham City Centre especially in the Creative Quarter of the city, but we have achieved this letting to the Together Agency due to an early surrender of a 3,000ft² suite within the building following a refurbishment by the previous occupiers”.

The offices were due to be vacated when the lease on the offices was due to expire at the end of March 2015, but the letting was concluded in February achieving an excellent result both for the outgoing Tenant and the Landlord alike”.

“The Together Agency has been looking in this area of the city for a while for the right style of accommodation; such is the nature of their business. The open plan nature of the suite within an attractive period building such as this is hard to come by”.

“We spent quite some time with The Together Agency to find the right option for them and I am delighted that we have now concluded the letting with them”.

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Mark Tomlinson of FHP Property Consultants has now been instructed to sell 11 Glaisdale Drive, the former Capita offices, totalling 26,000ft² following an extensive refurbishment.

The property comprises a mixture of offices and warehousing and is suitable for a variety of uses such as offices purposes, industrial uses and also congregation and community uses, subject to planning.

For further information please contact Mark Tomlinson on 07917 576 254 or email mark@fhp.co.uk

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FHP Property Consultants are delighted to announce that Hargreave Hale, stockbrokers and investment managers established in 1897 with offices throughout the UK, have taken offices within The Point on Loughborough Road in West Bridgford. This follows the acquisition of some high quality personnel who have been operating within this field in the local area for a number of years.

Mark Tomlinson of FHP Property Consultants, who acted on behalf of the Landlords, Rushcliffe Borough Council, commented:-

“I am delighted to have achieved a letting to such a good quality company within this building following the previous letting to Handelsbanken onsite. We are now building a very strong Tenant profile in the building and now have only one unit remaining, which we hope to bring forwards interest on in the near future. The Landlords of the premises continue to present this building very well as it is very well managed and it is no surprise that such good occupancy levels are being achieved”.

We approached FHP to search for options in central Nottingham. They really listened to our needs; creative studio space, meeting rooms, parking and a central location with flexible terms, and responded swiftly. From first approach to moving in has been 4 months! Mark Tomlinson has guided us through the whole lease process with diligence, patience and a pragmatic approach at all times.

We identified Quantum House as the solution to base our business in Nottingham.  Its location within the professional quarter was exactly where we wanted to be and the suite we have taken will gives us a presence there with the ability for immediate growth.  FHP were excellent in reacting to the speed of our requirement and helped to facilitate our swift and smooth arrival into the building.