FHP Property Consultants are pleased to announce the letting of 7 Boundary Court, Castle Donington, DE74 2UD.

Boundary Court is a high quality modern two storey purpose built semi-detached office premises.  Internally the property has a large entranceway which leads to open plan ground and first floor accommodation and externally there are 24 car parking spaces.

Boundary Court is located on the Willow Farm Business Park in Castle Donington within close proximity to East Midlands Airport.  The offices are situated in one of the most accessible areas of the East Midlands, accessed from Junction 24A of the M1 motorway.

Corbin Archer of FHP Property Consultants comments,

“I am pleased to have achieved an excellent deal for my client and I wish the new tenant, Allison Homes, all the best in their new office space.  The letting of this property shows that there is good demand for offices of such high quality.  FHP have found 2024 to be a positive year for the Derbyshire office market with deals still occurring on both a freehold and leasehold basis. 

We do have a number of offices that are still available so if you are interested, please do get in touch with me on the contact details below”.

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

ENDS

September 2024

Acting on behalf of Canal and River Trust (CRT) we are delighted to confirm that CRT are gearing up to transform Castle Wharf House – the former headquarters of Nottingham Evening Post and most recently the HQ of Land Registry Nottingham into a “best in class” Grade A office scheme.

Proposals have been unveiled which show how the building, which was constructed approximately 20 years ago, can be transformed to provide a modern office building.

Whilst the building could be occupied as a headquarters building, as it has historically been, it is anticipated that it is more likely to be transformed into a multi let building providing two suites of 2,700ft² and 5,300ft² on the ground floor and three further floors of circa 10,000ft² each which can be occupied as whole or combined.

John Proctor at FHP confirmed:

“CRT recognise that Nottingham’s office market is starved of high quality Grade A space and they are repositioning this building to provide space which is equivalent to new build space.  A collaborative impressive entrance reception, which will be both concierge managed and will allow informal meetings, will welcome both occupiers and visitors to the building.

 Occupiers seeking best in class space within the city are attracted to a location which is close to transportation (in particular the railway station) and provides the appropriate complementary onsite and offsite facilities – Castle Wharf is a stone’s throw from Nottingham Station and with a range of complementary facilities ticks all the boxes”.

 It is anticipated that the offices will be available in August 2025.  Further information can be obtained by speaking to either John Proctor or Mark Tomlinson at FHP on 0115 950 7577.

ENDS

23^rd August 2024

“This is the second successful letting that FHP has secured for us in Discovery House, we came to them for advice and they delivered on this in securing two tenants. Amy has been great to work with, she is extremely efficient and focused on achieving the best outcome for her client and getting the deal over the line, even with continued delays.”

FHP are delighted to complete a second successful sub-letting at Discovery House, situated on the popular Ruddington Fields Business Park . The ground floor suite comprised 2,769 sq. ft of open plan office accommodation that was undergoing a high quality refurbishment during the letting, which allowed the occupier to adapt their preferences alongside the refurbishment. Capita, the sublessor, occupy the whole of Discovery House offering a fully manned concierge area, WC and shower facilities, alongside meeting rooms that can be hired out for client meetings. Ruddington Fields Business Park is located to the south of Nottingham City Centre and houses a variety of occupiers including Vision Express, Experian, EmTech Ltd, Romax Technology amongst others. It benefits from its beautiful surroundings offering several walking routes at Rushcliffe Country Park. PremTech Ltd are the latest to agree a sub-letting at Discovery House, with their main office based in Ashby-De-La-Zouch.

Capita’s need for office space had significantly reduced since the Government introduced the working from home scheme which led to a reduced office footprint. Given the high levels of costs they were incurring, they reached out to FHP for some further guidance on this. We have previously carried out a successful sub-letting in 2023 for part of the ground floor, to Bentley Project Management Ltd. PremTech Ltd obtained the remaining space on the ground floor securing a successful 8,000 sq. ft of take-up for Capita to further reduce their expenditure.

Amy Howard, Surveyor at FHP Property Consultants commented:

“PremTech Ltd had been actively looking at offices for several months, considering numerous options along the way. Despite multiple viewings, it became evident that they had specific requirements for their new office space. Discovery House emerged as a strong contender, although a few of their needs remained unresolved. To address these concerns, we arranged an on-site meeting with Capita allowing a thorough discussion of the remaining issues. This meeting proved beneficial allowing us to secure them as an occupier. A key advantage of this collaboration was that Premtech could directly work with Capita on the refurbishment, ensuring the office was tailored to their preferred tastes.

PremTech are a great new addition to the Business Park, offering a diverse range of occupiers. I am thrilled to have successfully closed this deal for my client, achieving their primary goal of reducing their costs while also breathing new life into Discovery House. I wish both parties all the best in their next endeavours.”

Elizabeth Cashon, Estates Surveyor, Group Property at Capita commented:

“This is the second successful letting that FHP has secured for us in Discovery House, we came to them for advice and they delivered on this in securing two tenants. Amy has been great to work with, she is extremely efficient and focused on achieving the best outcome for her client and getting the deal over the line, even with continued delays.”

If your current office space is too large for your needs but you are locked into a long-term lease, we can help. Feel free to contact our office on 0115 950 7577 for some advice and assistance on how to optimize and reduce your space effectively.

ENDS

16 August 2024

Following the £7 million redevelopment of EastWest on Maid Marian Way in Nottingham, a further three tenants have leased more than 16,500 sq. ft. of office space.

An international domain registry and web hosting company has taken 5,500 sq ft of bespoke designed workspace within EastWest, signing a five-year lease. The Let Ready by CEG team has created a contemporary office as a full turnkey solution.

Two further deals have been agreed with leading audit, tax and consulting firm RSM UK taking 7,500 sq. ft. and Roythornes Ltd taking 3,291 sq. ft. on 10-year leases.

Ann Barrasso, operations director for Roythornes Limited, said: “As a firm we had been in Nottingham for several years but were ready, due to our ambitious expansion programme, to move to an office which reflected the law firm we are now, rather than the one we were some years ago. 

“In addition of course, we were keen to improve the working environment for our talented team – it’s so important that we look after our people and that staff look forward to coming in to work.  We’re delighted to say that EastWest ticked all the boxes – it gives us a brilliant base for the firm and our staff love the building, the environment and the facilities.  We’re looking forward to continuing to build our business from our new home.”

Sheetal Sanghvi, managing partner in the East Midlands at RSM UK, said: “As part of our commitment to the East Midlands region, we’re thrilled to have extended our lease at the newly refurbished EastWest offices for the next decade. We look forward to welcoming our team, clients and contacts to our new home very soon, where we will continue to support fantastic businesses in the city and across the region.”

Alex Goode, investment manager at CEG, added: “We’re delighted to welcome three further businesses with strong covenants to EastWest. The building has fast become a thriving business community following its comprehensive modern refurbishment.

“Tenants are attracted to our Let Ready Custom offer as it provides design and fit out, so once they choose the space and style, we deliver all the benefits of a bespoke workspace. Our experienced in-house team manages the process from start-to-finish. Sharing best practices and meeting business goals from design and layout to productivity, health and sustainability, Let Ready guarantees your space is delivered on time, to budget and to the highest standard.”

Mark Tomlinson, Director at FHP which is the agent on the scheme, commented: “EastWest represents the ‘best in class’ office offering in Nottingham following its substantial refurbishment. In particular, the building offers the high-quality finishes and lifestyle aspects which are sought after by occupiers with the onsite café restaurant and a particular emphasis on the occupier experience.  The flexible ways in which CEG can structure deals means that we can cater for a broad range of requirements on size, lease length, fit out design and financial packages to suit prospective occupiers needs.”

EastWest offers an on-site Life team dedicated to making occupiers’ lives easier and healthier. They, along with the dedicated Life app, will help to create a more collaborative and productive community, be it booking meeting rooms, arranging dry cleaning, organising events in the café inclusive of catering, bike maintenance or fitness classes, to local shopping and activity discounts.

Centrally located on Maid Marian Way, East West is home to KPMG, Equifax, Nottingham Trent University, Arup, JLL, Faithful & Gould, Scape Group and RSM UK.

Ends

Mark Tomlinson

07917 576 254

August 2024

FHP Property Consultants are delighted to showcase a modern high quality office suite in Cardinal Square, Derby.  The offices provide a great working space for businesses especially with the air-conditioning in this recent summer heat.

Cardinal Square occupies a convenient position just off the A52 which subsequently leads to Junction 25 of the M1 motorway.  Derby City Centre is also easily accessible within a 10-minute walk of the offices.  They are well located and provide excellent access to regional city centres and the wider country.

The suite comprises 2,271ft² which is a prime corner location with floor-to-ceiling windows wrapping around the office. There is lift access up to the suite situated on the first floor. Internally, the office features LED lighting, kitchenette, air conditioning and is also fully fitted out.  The space offers open plan offices with two cellular meeting rooms.  There is also a reception area upon arrival into the suite.

This office is available to rent on new lease terms for a period to be agreed at a rent of £29,523 per annum.

Harry Gamble of FHP Property Consultants comments:

“This suite is in immaculate condition, and it offers the chance for an occupier to have their own space in an established office block with great transport links. The windows in this suite provide great natural sunlight and the office has air conditioning to keep you and your colleagues cool.  This particular suite is fully fitted out resulting in a low fit out cost for any occupier which leads to quick access. I look forward to speaking with any interested parties.”

For further information or to arrange a viewing, then please do not hesitate to contact Corbin Archer on 07929 716 330 / corbin.archer@fhp.co.uk or Harry Gamble on 07398 443 828 / harry.gamble@fhp.co.uk.

ENDS

August 2024

The first half of 2024 has been a busy period in Sherwood House as FHP Property Consultants have completed five office lettings to a variety of occupiers. The property offers serviced office accommodation on flexible terms with ample parking. Situated on Gregory Boulevard, Sherwood House benefits from excellent transport links via bus and tram connections. With further office suites currently under offer, we are expecting the successful completions to continue into the second half of 2024.

As we are halfway through the year, the office sector remains challenging in part. However, there has been a good level of deals done in the small office market and we continue to deal with a number of good-quality enquiries to take forward.

For further information on the current availability at Sherwood House or to see how FHP can help you in your office search, please contact Ketlin Maeorg on 07929 673 232 / ketlin@fhp.co.uk.

“I’d like to thank Amy and the team at FHP Property Consultants in Nottingham for the excellent care and guidance through the processing of securing a commercial office in Nottingham City Centre. Amy in particular was exceptionally personalised and her flexible approach helped us see the office on many occasions allowing the process to proceed quickly. Amy was more than happy to answer any questions and gather all the information we required. We would certainly recommend their service going forward.”

FHP have witnessed a flurry of deals complete within Nottingham City Centre, proving that the office market is still active and there is a continued level of demand throughout a range of sizes. Office occupiers needs have evolved over time, with the adaptations that followed from Covid-19 such as the working from home scheme that was put into place by the Government. It is evident that not all office occupiers have completely shifted to a full remote approach, which highlighted the importance of keeping some office presence to boost productivity and provide a change of environment for workers, adopting the ‘hybrid approach’.

Landlords more than ever are witnessing the need to listen to office occupier preferences and alter their office space to attract activity back into the market, with the main focus now being on excellent ESG credentials, amenities on-site and breakout areas to provide a relaxing home environment to allow a smooth transition back to the office. All these factors have been a primary focus in office searches, significantly influencing the level of occupancy within the City Centre.

Recent successful lettings have included Suite 202 Bridlesmith House, a small office space of 1,357 sq ft that has recently undergone a high level office refurbishment, as well as the refurbishment throughout the building including new shower facilities and bike storage being installed, with a key focus on improving the entrance area to the offices. WT Partnership are now one of the several occupiers to join Bridlesmith House offering a variety of tenants within the building.

Maximus U.K. Services Limited have secured another suite within The Atrium on the fourth floor, offering 3,535 sq ft of office accommodation. The Atrium is well located within Nottingham, offering excellent nearby transport links and allocated car parking spaces, at a competitive rent within the market.

2 Arkwright Street, Queens Offices has also been another successful recent letting for FHP to Thrive Tribe Ltd, now resulting in full occupancy on the property and another delighted client. The suite comprised 1,453 sq ft of refurbished modern office space, with a generous level of car parking spaces (8 spaces).

Trevor Mealing, People Experience Lead at Thrive Tribe Ltd, commented:

“I’d like to thank Amy and the team at FHP Property Consultants in Nottingham for the excellent care and guidance through the processing of securing a commercial office in Nottingham City Centre. Amy in particular was exceptionally personalised and her flexible approach helped us see the office on many occasions allowing the process to proceed quickly. Amy was more than happy to answer any questions and gather all the information we required. We would certainly recommend their service going forward”.

Amy Howard, Surveyor at FHP Property Consultants commented:

“It is encouraging to see activity remaining at a good level within the Nottingham office market, particularly for spaces ranging from 1,500 to 3,500 sq ft. This reassures us that the office market is active and demand is still present. We also have several offices under offer that are hopefully due to complete over the next few months, which is especially encouraging for other landlords.

Nottingham and its surrounding areas offer a substantial supply of high-quality office spaces that cater to the varied needs of businesses. The city boasts excellent transport links, including the NET Tram, Nottingham Station, various bus routes, and ample car parking, ensuring easy accessibility for tenants. These factors make Nottingham an attractive location for office occupiers. We offer a diverse range of office spaces catering to all needs. From affordable options ideal for start-ups and smaller businesses, to Grade A offices designed for those seeking a premium, professional environment to impress clients.”

For further information on our office availability, please feel free to contact me on 07887 787894 / email me at amy.howard@fhp.co.uk.

ENDS

Amy Howard

24 July 2024

On behalf of a private client, FHP Property Consultants are delighted to bring to the market, First Floor, Rodin House, 1 Ivy Grove, Ripley, DE5 3HN.

The premises are well located in the centre of Ripley on the corner of Ivy Grove and High Street opposite to the Co-op. Ripley lies to the west of the M1 Motorway with easy access onto Junction 28 via the A38 and Junction 26 via the A610. There are several national retailers in the area such as Costa Coffee, Birds Bakery and Boots amongst regional/local operators.

The property occupies an excellent position in the centre of Ripley and comprises a detached office building with parking.  The accommodation provides open plan offices set across the first floor comprising 135m² (1,453ft²). The property comprises self-contained first floor office space with its own entranceway. Internally the property benefits from open plan accommodation across two rooms with a kitchenette and W/C facilities.

Harry Gamble from FHP Property Consultants comments:

“The location is great being situated in the popular town centre of Ripley allowing easy access the M1 Motorway. These offices are of good quality and are serviced offices.  An all-inclusive rent of £36,325 per annum includes the rent, service charge and business rates.  I look forward to speaking with all interested parties”

For further information on this office or to arrange a viewing, please contact Harry Gamble on 07398 443 828 or harry.gamble@fhp.co.uk .

ENDS

Harry Gamble

July 2024

A further three tenants have leased more than 16,500 sq ft of office space at CEG’s East West complex on Maid Marian Way in Nottingham.

An unnamed international domain registry and web hosting company has taken 5,500 sq ft of workspace within East West, signing a five-year lease.  Two further deals have been agreed with audit, tax and consulting firm, RSM UK, taking 7,500 sq ft and law firm, Roythornes, taking 3,291 sq ft on 10-year leases.

Ann Barrasso, Operations Director for Roythornes, said:

“As a firm we had been in Nottingham for several years but were ready, due to our ambitious expansion programme, to move to an office which reflected the law firm we are now, rather than the one we were some years ago.

 In addition, of course, we were keen to improve the working environment for our talented team – it’s so important that we look after our people and that staff look forward to coming in to work.  We’re delighted to say that East West ticked all the boxes – it gives us a brilliant base for the firm and our staff love the building, the environment and the facilities.  We’re looking forward to continuing to build our business from our new home.”

Sheetal Sanghvi, Managing Partner in the East Midlands at RSM UK said:

“As part of our commitment to the East Midlands region, we’re thrilled to have extended our lease at the newly refurbished East West offices for the next decade.  We look forward to welcoming our team, clients and contacts to our new home very soon, where we will continue to support fantastic businesses in the city and across the region.”

Alex Goode, Investment Manager at CEG, added:

A further three tenants have leased more than 16,500 sq ft of office space at CEG’s East West complex on Maid Marian Way in Nottingham.

An unnamed international domain registry and web hosting company has taken 5,500 sq ft of workspace within East West, signing a five-year lease.  Two further deals have been agreed with audit, tax and consulting firm, RSM UK, taking 7,500 sq ft and law firm, Roythornes, taking 3,291 sq ft on 10-year leases.

Ann Barrasso, Operations Director for Roythornes, said:

“As a firm we had been in Nottingham for several years but were ready, due to our ambitious expansion programme, to move to an office which reflected the law firm we are now, rather than the one we were some years ago.

In addition, of course, we were keen to improve the working environment for our talented team – it’s so important that we look after our people and that staff look forward to coming in to work.  We’re delighted to say that East West ticked all the boxes – it gives us a brilliant base for the firm and our staff love the building, the environment and the facilities.  We’re looking forward to continuing to build our business from our new home.”

Sheetal Sanghvi, Managing Partner in the East Midlands at RSM UK said:

“As part of our commitment to the East Midlands region, we’re thrilled to have extended our lease at the newly refurbished East West offices for the next decade.  We look forward to welcoming our team, clients and contacts to our new home very soon, where we will continue to support fantastic businesses in the city and across the region.”

Alex Goode, Investment Manager at CEG, added:

“We’re delighted to welcome three further businesses with strong covenants to East West. The building has fast become a thriving business community following its comprehensive modern refurbishment.

Tenants are attracted to our Let Ready Custom offer as it provides design and fit out, so once they choose the space and style, we deliver all the benefits of a bespoke workspace.  Our experienced in-house team manages the process from start-to-finish.  Sharing best practices and meeting business goals from design and layout to productivity, health and sustainability, Let Ready guarantees your space is delivered on time, to budget and to the highest standard.”

Mark Tomlinson, Director at FHP and agent on the scheme, said:

“EastWest represents the ‘best in class’ office offering in Nottingham following its substantial refurbishment. In particular, the building offers the high-quality finishes and lifestyle aspects which are sought after by occupiers with the onsite café restaurant and a particular emphasis on the occupier experience.

The flexible ways in which CEG can structure deals means that we can cater for a broad range of requirements on size, lease length, fit out design and financial packages to suit prospective occupier’s needs.”

“We’re delighted to welcome three further businesses with strong covenants to East West. The building has fast become a thriving business community following its comprehensive modern refurbishment.

Tenants are attracted to our Let Ready Custom offer as it provides design and fit out, so once they choose the space and style, we deliver all the benefits of a bespoke workspace.  Our experienced in-house team manages the process from start-to-finish.  Sharing best practices and meeting business goals from design and layout to productivity, health and sustainability, Let Ready guarantees your space is delivered on time, to budget and to the highest standard.”

Mark Tomlinson, Director at FHP and agent on the scheme, said:

“East West represents the ‘best in class’ office offering in Nottingham following its substantial refurbishment. In particular, the building offers the high-quality finishes and lifestyle aspects which are sought after by occupiers with the onsite café restaurant and a particular emphasis on the occupier experience.

The flexible ways in which CEG can structure deals means that we can cater for a broad range of requirements on size, lease length, fit out design and financial packages to suit prospective occupier’s needs.”

“The process from initial marketing through to the successful sale of the unit, was handled in a very efficient and professional manner by FHP. We are extremely pleased with the result in what is clearly a challenging market place in the office sector.

My special thanks to Amy for her tenacity and enthusiasm throughout the process, the regular updates of the marketing and enquiries was reassuring to see the unit was being handled well. We would highly recommend FHP for their professionalism and personal approach throughout.”

FHP are delighted to have completed on the sale of Unit 17 Maisies Way, South Normanton to an owner occupier known as Secur-It. The property comprised 8,289ft² of self-contained office accommodation situated across two floors offering a mixture of open plan and cellular floorplates throughout the property. Situated just off Junction 28 of the M1 Motorway, the property provides excellent connectivity and Mansfield Town Centre within a short distance drive.

Maisies Way is an office development scheme with a variety of sizes available with self-contained access and ample parking. The Village is within a few minutes’ drive of East Midlands Designer Outlet and Castlewood Business Park which anchors a variety of national and regional occupiers providing over 1.5 million sq. ft. of distribution and production space.

Amy Howard, Surveyor at FHP Property Consultants commented:

“It was a great result to get this over the line for my client and secure a strong price on the property. Unit 17 had been on the market for some time and even though we explored several marketing options such as leasehold / freehold disposal and renting individual floors, interest was slow. Secur-It were after a good level of office space near J28, and this property seemed perfect for their requirement. After the initial viewing, it was clear the property was suitable for them and we were under offer within a short timeframe following on from this.

The property highlighted the difficulty we face within the office market, especially on larger floor plate within out-of-town office locations. It is evident that marketing is essential in the disposal of these types of properties and exploring all options available to secure a tenant / purchaser. After the initial interest was slow on the rental side, it emphasized the push for a purchaser, especially given the vacancy period my client was facing.

I am delighted to have got this over the line and welcome Secur-It onto Maisies Way, they will be a great asset to the estate and I wish them all the best in their next endeavours.”

Our retained client, commented:

“The process from initial marketing through to the successful sale of the unit, was handled in a very efficient and professional manner by FHP. We are extremely pleased with the result in what is clearly a challenging marketplace in the office sector.

My special thanks to Amy for her tenacity and enthusiasm throughout the process, the regular updates of the marketing and enquiries was reassuring to see the unit was being handled well. We would highly recommend FHP for their professionalism and personal approach throughout.”

If you are looking to dispose of your current office premises, either on a leasehold or freehold basis and are seeking further advice on this. Or you have adapted to the working from home approach and no longer require all your office space and wish to explore your options available. Please feel free to call me on 07887 787894 or alternatively you can email on amy.howard@fhp.co.uk.

ENDS

Amy Howard

20 June 2024

After spending my placement year in the office and industrial team, in FHP’s Derby office, enjoying the experience and improving my knowledge, I was delighted to be asked to return to FHP this summer after completing my BSc (Honours) Real Estate degree at Sheffield Hallam University. I’m excited to continue learning and developing my knowledge whilst hopefully completing some deals!

FHP are pleased to have completed the letting of the first floor at Unit 5 Interchange 25 Business Park to Equans Ltd. Interchange 25 Business Park comprises a development of eight self-contained detached office buildings providing high quality office specification throughout, with a variety of occupiers including Ait IT, Nurture Fertility, GPA Global, Keepmoat Homes and more. The business park is situated with excellent connectivity to the M1 motorway, just off J25 and the A52 which connects Nottingham and Derby.

Equans Ltd are the newest occupier to the scheme, securing a first floor suite comprising 2,071ft² of high quality open plan office accommodation with ample car parking spaces. Equans Ltd expressed interest from their initial viewing which quickly resulted in an offer and solicitors instructed, a great result for all parties involved. Interchange 25 has been a popular estate over the years with strong tenants throughout the site and is accessible to both Nottingham and Derby locations.

Amy Howard, Surveyor at FHP Property Consultants commented:

“After a slow start with initial interest, it was a great result to secure Equans on the first floor offices. It was evident that the demand for the whole space of circa 4,000ft² was limited following on from a few viewings that resulted in no offers on the property. We therefore looked at different options to secure full occupancy. The out-of-town office market continued to show a strong level of demand between the 2,000ft² and 2,500ft² size bracket, which resulted in us changing our marketing approach and offering both the whole space and on a floor-by-floor basis.

Once we added the additional availability options, it resulted in several further viewings and we secured Equans Ltd. Equans were a delight to work alongside from the start and they will be an excellent addition to the park.

Securing a tenant for the ground floor space is a priority for us in order to achieve full occupancy for our client, interest remains strong so we are hopeful to achieve this over the course of the next few weeks.”

The ground floor office suite remains available at Unit 5, comprising 2,071ft² with a fully fitted out kitchen, open plan floor plates and high quality office specification throughout. The suite also benefits from eight designated car parking spaces, self-contained WC facilities and an intercom system. We are currently quoting £31,250 per annum on a new FRI lease for a number of years to be agreed.

For further information on the availability at Interchange 25 Business Park, please feel free to give me a call on 07887 787 894 or alternatively you can email me at amy.howard@fhp.co.uk.

ENDS

FHP are pleased to confirm that a deal has completed between their client and EHL Solicitors on the letting of 8 Forest Road, Loughborough. The property comprised a semi-detached self-contained two storey period office building across cellular accommodation with excellent car parking facilities to the rear of the property. 8 Forest Road was located in a prominent position fronting Forest Road, just south of Loughborough town centre that was well served by a plethora of amenities and transport links.

It generated a good level of enquiries from the commencement of the marketing, given the lack of available stock within Loughborough and we secured a high level of viewings on the property. Alongside receiving a number of offers on the property in which our clients were delighted with.

Our retained client, commented:

“Amy and her Team at FHP have provided exceptional service and support throughout. Always proactive and supportive in dealing with the many questions we asked.  We have no hesitation in recommending them for all commercial property matters.  Very pleased indeed and many thanks too”.

Amy Howard, surveyor at FHP Property Consultants commented:

“It was a great result to finally get this letting over the line and the new occupier to be handed over the keys. The level of interest we received on the property portrays the demand for office stock within Loughborough is high although there is limited availability within the market. The ample parking available within the demise was certainly an attractive feature upon the marketing, something that is typically limited. Rents across Loughborough remain competitive, and we achieved a good result for our client, in which they were delighted with.

If you are currently occupying office space within Loughborough and looking to explore your options to vacate. Either by looking to surrender your lease early or sub-let, please feel free to get in touch with FHP Property Consultants so we can further advise on your potential options.

Alternatively, if you are a landlord looking to rent or sell office space, this is something we would be happy to assist with disposing and securing you the best possible deal going forward”.

For further information, please feel free to contract me on 07887 787894, or email me at amy.howard@fhp.co.uk.

FHP are delighted to have completed on the third floor suite letting at 55 Maid Marian Way to Metric Search Ltd.  The suite comprised an open plan layout that had recently undergone an extensive refurbishment offering high quality office space situated within Nottingham City Centre.  Refurbishment works had also taken place within the communal areas further modernising the space and entrance areas to provide further depth and warmth throughout as well as enhancing the experience for the current tenants and professional nature for their clientele.   55 Maid Marian Way is located centrally within Nottingham City Centre benefitting from excellent transport links and a plethora of nearby amenities.

The suite generated a strong level of enquiries from the commencement of the marketing, and we managed to achieve a strong headline rent going forward for 55 Maid Marian Way.  It is evident that there is continued demand for high quality office space within the City Centre and refurbishments are being pushed in order to generate more Grade A office supply.

Amy Howard, Surveyor at FHP Property Consultants commented:

“It was an excellent result getting this over the line, and we are pleased to achieve a new headline rent for our client. We advised our client on a high quality refurbishment to meet with the ever changing demands of office occupier’s needs. The level of interest we received further highlights this and the need for landlords to adapt to occupier’s preferences.

It was great to assist both my client and Metric Search Ltd on this deal, especially as we managed to get the deal agreed early on in the marketing period.   All parties worked together to achieve completion in a swift timeline, that coincided well with completion of the landlord refurbishment works.  I wish Metric Search Ltd all the best in their new premises.”

Zac Flint, Director of Finance at Metric Search Ltd, commented:

“FHP provided us with access to multiple properties across Nottingham in the search for our new office space, and understood the requirements we were looking for which ultimately helped us get the right property with 55 Maid Marian Way.  Their portfolio of properties and knowledge of the local area is second to none and I would recommend them for your next move or if you are interested in information on quality office space within the Nottingham City Centre.”

Rhys Jones, Asset Manager at Clearbell, commented:

“The refurbishment works at 55 Maid Marian Way have completely transformed the property.  Metric Search are a great new occupier for the property and they complement the current tenants currently in occupation, and will no doubt thrive in their new space.

FHP have been excellent throughout the letting period, and their assistance has been key to securing an ideal new tenant for the space. Both Amy Howard and Mark Tomlinson have been professional throughout and updated us regularly on both the letting and legals period.  We look forward to continuing working alongside them and highly recommend their service”.

If you are interested in disposing of your property on a leasehold or freehold basis, or currently seeking new office space and require further advise please feel free to contact myself on 07887 787894, alternatively you can email me at amy.howard@fhp.co.uk.

ENDS

May 2024

FHP Property Consultants are pleased to bring to market Unit 7 Chase Park, which consists of a two storey office building suitable for both hybrid and office use. The property is available on both leasehold and freehold options and it benefits from excellent access to both Nottingham City Centre, West Bridgford and Colwick providing a plethora of amenities. The former hybrid unit has a level loading access door installed on the ground floor providing the opportunity to reinstate it to warehouse space. Alternatively, the ground floor has recently undergone a refurbishment providing good quality office space, with additional open plan office space on the first floor. It also benefits from substantial parking, positioned within a Cul-de-Sac allowing further spaces available. There are currently two self-contained entrances for both floors making it suitable for a variety of uses (STP) and the opportunity for the suites to be split per floor.

7 Chase Park is available on new lease terms at a quoting rent of £48,000 per annum, or for sale with vacant possession at an asking price of £575,000.

Amy Howard, Surveyor at FHP Property Consultants commented:

“We have previously marketed 7 Chase Park on a leasehold basis only, although with limited interest we faced given the changing demands for the office market it was clear that we needed a new approach on the property. After several discussions with my client, we felt the best possible strategy was to have it on a freehold basis also.

The property is situated within a well established industrial location with a variety of national and regional occupiers. It presents itself well from both a hybrid and office perspective and I imagine we will generate a strong level of interest given the flexibility the space provides and location. The ample car parking with the unit is also an attractive feature, with Chase Park being a popular estate throughout the years.”

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

ENDS

9 April 2024

FHP Property Consultants are delighted to bring the market a two-storey detached office building in Holmewood, Chesterfield on an established business park with quick access to Junction 29 of the M1 Motorway.

The premises occupy a convenient position within a private business park off Chesterfield Road which leads to the A6175 and subsequently Junction 29 of the M1 Motorway, just a five minute drive away. Chesterfield City Centre is also easily accessible within a ten minute drive of the office. The offices are well located and provide excellent access to regional city centres and the wider country.

The property comprises a detached two-storey office building with brick elevations under a pitched tiled roof with 20 car parking spaces. Internally the ground floor is fitted out as a storage/ lab space with concrete flooring and suspended ceilings. The first floor offers open plan office accommodation with carpeting, perimeter trunking and suspended ceilings.

FHP recently let a 3,951ft² office on Holmewood Business Park in January 2024 after only having it on the market for a couple months, we have also just placed under offer another office on this office park which is 7,933ft².  Both deals show that Holmewood Business Park is a popular place for office occupiers given its great location and offering.

This office is available to rent at £60,000 per annum.

Corbin Archer of FHP Property Consultants comments:

“I am pleased to be bringing to market this property at Holmewood Business Park as it offers an occupier the chance to have their own detached headquarter building on an established business park with great transport links. Given the success we have had recently on this estate I expect there to be a good level of interest and I look forward to speaking with interested parties.”

For further information or to arrange a viewing at any of these properties, then please do not hesitate to contact Corbin Archer on 07929 716 330 / corbin.archer@fhp.co.uk or Darran Severn on 07917 460 031/ darran@fhp.co.uk.

ENDS

April 2024

FHP are delighted to confirm the letting of Unit A Bradmore Business Park in Bunny to Geo Green Power Ltd. The property comprised a detached high quality two storey office building situated within a Parkland Campus to the south of Nottingham.

Benefitting from 25 designated car parking spaces falling outside of the Nottingham Workplace Parking Levy, it was certainly an opportunity not to miss out on. Bradmore Business Park comprises three sister buildings that were developed in 2011, all consisting of high quality modern detached office space and has proved to be popular over the years, with their architecturally stimulating design, showcased through timber clad and curtain wall elevations.

Unit A Bradmore Business Park generated a strong level of enquiries with the majority of interest leaning more towards a floor-by-floor option of circa 3,000 sq. ft, which seems to evidentially be in strong demand for ‘out-of-town’ business park floor space requirements. Ideally, we wished for one occupier to take the whole space available to make it more of an attractive option for our client, although they were open to either. We were delighted when GeoGreen Power Ltd came along and expressed their interest in the whole property. After viewing the suite only once, they were already set that this was the office for them as the characteristics of the building appealed to them and their type of occupation.

Amy Howard, surveyor at FHP Property Consultants commented:

“It was a great result in the end for both our client and GeoGreen Power. The demand for ‘out-of-town’ office space especially in this size bracket is not as high as it once was, so it was a great result to secure a deal so quickly and complete on the legals within four weeks of being under offer.

This property is an example that if a landlord maintains their property well and offers high quality modern office space then the demand is still there and prospective tenants are keen to move. GeoGreen Power Ltd had only recently started their office search but had not yet come across one that suited their needs and ultimately fell in love with Bradmore Business Park on their first viewing and I wish them all the best on continuing their journey.

We are witnessing demand increasing for offices situated within business parks, with accessibility being a key requirement alongside ample car parking making it attractive for employees and accessible. I am excited to see what this year brings with the office market as in recent months we have seen a rise in take up.”

If you are interested in marketing your property, whether situated within an in-town or out-of-town location, please feel free to call me on 07887 787894 or alternatively you can email me at amy.howard@fhp.co.uk.

FHP Property Consultants are pleased to have completed a double deal at Wetherby Business Park. The property is located just off Ascot Drive in Derby with easy access to the city centre just 2 miles away.  This is an excellent deal for both FHP Property Consultants and the client as one tenant has taken both an office and an industrial/warehouse unit adding to the mix of occupiers within the business park.

We are constantly talking to potential occupiers who are looking for office space in Derby.  Due to the lack of stock, there aren’t many options for potential tenants to look at so if you’re a landlord and looking to let or sell your property then please do not hesitate to contact me.

Harry Gamble of FHP Property Consultants comments:

‘’It was great to find a tenant that was suitable for these offices, and it was an added bonus that he was going to take an industrial unit as well.  This is a great result for our client, and we now currently only have three offices available to rent.  They range from a size of 97ft² to 1,99ft².  The offices are good quality and present a great space for a business to thrive in.  I wish the new tenant every success in the future.’’

For further information on these vacant offices, or if you would like us to help you find an office of your own, please do not hesitate to contact Harry Gamble on 07398 443 828/harry.gamble@fhp.co.uk.

ENDS

Harry Gamble

March 2024

FHP are delighted to confirm that we have now reached full occupancy at Castlebridge Office Village, with the remaining suite secured by Altia Solutions Ltd. The Village is set within Castle Marina and benefits from being situated within 1.25 miles from Central Nottingham with retail and leisure facilities in immediate vicinity. Altia Solutions Ltd secured a high quality self-contained office suite situated on the ground floor and benefited from a generous level of parking set within an ‘in-town’ location. Castlebridge Office Village is occupied by a diverse range of tenants including legal, technological, professional services and more.

Initially the property was available over two floors with a floor area of circa 5,000sq. ft. Although the demand for this type of office size was scarce due to government implements that have been put in place such as the ‘working from home’ / hybrid approaches. With further advice and discussions with the client, it was evident that we needed to reduce the size available to attract further enquiries to achieve occupation. It was a risk, but one that paid off as we now look to welcome Altia onto the estate and achieve full occupancy.

Amy Howard, Surveyor at FHP Property Consultants commented:

“Castlebridge is an estate I have been working on from the start of my FHP journey, so to achieve full occupancy is a great result, having secured 6 new tenants. It portrays the desire for office space is still apparent and that demand is still there within the market. If landlord’s are open to spending capital on their properties and listening to the market to improve overall quality of the office space, the demand is still there and tenants will pursue these spaces.

Altia Solutions Ltd have been in the market for several months and viewed numerous properties over this time frame, so not only was it a good result for my client but also great to see Altia secure their new premises and I wish them all the best in their new premises.”

Sarah Venn, from Altia Intel Ltd commented:

“After diligently searching for alternative office space throughout 2023, we are thrilled to have found the perfect unit to accommodate our needs.  Amy Howard and John Proctor’s support and expertise made the entire transaction seamless and efficient.  Their professionalism ensured that every aspect of the process was handled with the utmost care and attention to detail.

As Landlords, FHP have proven to be a breath of fresh air – their approachable nature, coupled with their commitment to simplifying processes and addressing queries promptly has made our transition into Castlebridge a smooth and enjoyable experience.”

If you are looking for advice on your current office space, or in the market for new premises, please feel free to call me on 07887 787894 for further advice, alternatively you can email me at amy.howard@fhp.co.uk.

ENDS

7 March 2024

Chartered surveyors, Geo Hallam & Sons and FHP realise CWCS expansion

Following increased demand for managed hosting and data centre services, fast growing CWCS Managed Hosting has acquired a 9,300 sq ft building in Nottingham to increase the company’s data centre footprint.

Headquartered in Nottingham, with locations throughout the UK and USA, CWCS provides 24/7/365 enterprise-grade infrastructure for mission critical data systems, websites and applications through a choice of cloud, bare metal, dedicated servers, and colocation services.

The acquisition of the new site follows extensive research and the data centre is due to be online in 2024.  The announcement forms part of CWCS’s strategy to support growing demand from existing and new customers, as well as supporting the growth for current and future acquisitions.

Karl Mendez, Managing Director of CWCS Managed Hosting, explains why the expansion is so important and timely:

“In the last three years, we have embarked on an ambitious growth strategy to expand our portfolio of services through company acquisitions.

There’s an increasing demand for hosted solutions, especially private cloud and server colocation where customers want their data in a redundant and secure data centre facility with technicians available 24/7, and that’s exactly what we can offer.

Opening a new data centre in Nottingham significantly increases our capacity to offer flexible options comprising of cloud hosting, dedicated server hosting, and colocation services.

Above all, it ensures we can continue to meet the individual needs of our customers and positions us as a partner in mission critical data hosting.”

Final specification details will be announced later in 2024 but the data centre will continue the CWCS strategy to uphold certifications ISO 27001 and 9001 in security and quality management.  The company also aims to be become carbon neutral by 2030.

Giles Davis, Partner at chartered surveyors, Geo Hallam & Sons, acted as the agent to find premises for the state-of-the-art facility.  Giles explains the how they met the tough brief:

“The search to find a suitable facility was a challenging brief, given the nature of the CWCS business.  We looked for premises that were well located and could be stripped back with planning permission.  The building we’ve secured is an ideal canvas for CWCS to fit out with their new data centre and associated offices.  We wish the team every success.”

Mark Tomlinson at Director at FHP, who acted for the sellers in the sale commented:

“The lack of industrial freehold opportunities could have prevented CWCS from achieving its expansion, but by working with Giles Davis at Geo Hallam we’ve been able to solve the problem by putting forward a building they can repurpose, securing a sale for our client, and helping CWCS achieve its vision.  We are delighted to have completed this deal with them and wish CWCS every success with its expansion.”

The new site will be a leader in energy efficiency, as Karl explains:

“This is an energy hungry industry so it’s imperative we take responsibility for the energy our centres consume and help our customers manage their energy overheads and emissions too.

We are committed to becoming a leader in secure, low-emission hosting and our goal to be carbon neutral by 2030 is evidenced by this acquisition.  CWCS data centres are already powered using renewable energy and our new site will be no exception.”

For more information visit our blog which will follow the progress of the build and fit out www.cwcs.co.uk.

ENDS

Mark Tomlinson

04 March 2024

FHP acting on behalf of Bridgford Business Centre have completed the sale of 29 Bridgford Road, West Bridgford which sits next door to Escabeche, just off Central Avenue.

The 2 storey building, which totals 5,525 sq ft gross (4,028 sq ft net) and benefits from on 8 site parking spaces, was sold Freehold.

David Hargreaves who acted for the Vendor, Kevin Mansworth, said:

“When I reported to Kevin I suggested that the property would be of interest to not only Office occupiers but Developers looking at extending and converting the building to Apartments or 1 or 2 additional Bar and Restaurant units bearing in mind the strength of that sector.

We therefore targeted the Office, Residential, Leisure and Developer sectors with our marketing and interest was immediate with 12 viewings in the first week alone.

As such we were able to seek “Best Bids” only 4 weeks after the launch, securing 5 final offers all in excess of the guide price of £975,000.”

Hargreaves said:

“We quoted a relatively low asking price to generate interest as the market back in October last year was still rather uncertain due to the significant increases in Base Rate and the general lack of confidence in the economy.

The strategy worked and we achieved a price in excess of £1,100,000 for the building which breaks back to £280/sq ft net which we are delighted with.

Kevin Mansworth said:

“The strategy and advice from David Hargreaves was absolutely spot on.  He also introduced me to Lisa Poole of Gunner Cooke who was excellent on the legals, with Landsmiths on the other side we managed to get the sale completed within 10 weeks of starting marketing which included the Xmas and New Year break. I am really thrilled with the speed of the sale and price they achieved for me.”

Vik Moothia of Landsmiths acted for the buyer, David Hargreaves of FHP and Lisa Poole of Gunner Cooke for the seller.

ENDS

David Hargreaves

5^th February 2024

“It has been a delight to work alongside Amy Howard of FHP, & Will Torr of heb Surveyors on the acquisition of The Exchange Building, a great effort by all in seeing this over the line. This iconic building on one of the main routes into Nottingham is a great asset to add to our fast growing portfolio in our hometown.”

Anthony Barrowcliffe of FHP has completed on the office letting for the entire second floor of the i2 Centre, Oakham Business Park, Mansfield which comprised five suites and totalled 10,243ft² (951m²).

This was not a straightforward transaction with tenants vacating, dilapidations, landlord works and a phased move in by the new tenant.

The property comprises high quality refurbished Grade A office suites which are located in close proximity to Mansfield town centre and the A38.  Each office suite has been refurbished to a high standard and there are excellent levels of on-site car parking with a fully manned reception/concierge, heating and air condition throughout alongside passenger lifts in this modern multi occupied building.   The building has several floors with a range of open plan office suites which benefit from excellent specifications to include LED lighting, raised access floors, thermostat controlled air conditioning, high speed internet and high specification WC and welfare facilities.

Anthony Barrowcliffe of FHP commented:

“I am particularly pleased with this letting as we have managed to complete the occupation of a full floor across five suites at the i2 Centre to a large local occupier.  This was a fantastic deal to complete and entailed lots of moving parts, but I am delighted we could put all the jigsaw pieces together in the end.

This is deal I am very proud of, achieving good terms which both parties were happy with.  From my research and understanding of the market, I believe this to be the largest office transaction in the Mansfield area in 2023. 

I look forward to more success at the i2 Centre which I think is an absolutely beautiful building with so much to offer for the Mansfield area with great transport links, great connectivity to the Motorway alongside great parking ratios and a high quality internal specification.  This is a high quality product with a fantastic line up of tenants, a sense of community and a feel of professionalism.   

I have the two final suites available currently at the i2 Centre available on flexible terms and suitable for a variety of uses.  The ground floor suite extends to 170m² (1,832ft²) and the first floor suite extends to 200m² (2,159ft²).” 

Martin Betts, of M7 Real Estate, the landlords commented:

“We are delighted, in conjunction with FHP, to have achieved this significant letting at the I2 Centre. It demonstrates that there is clearly ongoing demand for well-located and well specified offices.” 

 For further information on this letting or the available suites please contact Anthony Barrowcliffe of FHP on 07557 972008 or anthony@fhp.co.uk.

FHP were pleased to handover the keys to SHAPE (Safe Haven Alternative Provision of Excellence) for the premises known as The Exchange Building, Alfreton Road, last week as they start their new project for bringing further teaching support for children within Nottingham. The former CityCare building on Alfreton Road presented a rare opportunity to acquire a prominent office / warehouse property within close proximity to Nottingham City Centre, consisting of a modern detached two storey office building providing a mixture of open plan and cellular office space with an additional clear span warehouse to the rear. The Exchange Building providing excellent accessibility fronting onto the A610 with further access to J26 of the M1 Motorway and good transport links nearby.

The property, as expected, generated a high level of enquiries throughout the marketing, resulting in numerous viewings and offers, which lead to best and final bids in order to secure the best possible price for our client. It certainly exceeded our expectations with the achieved sale price and was an excellent result for our client who was thrilled with the result.

Amy Howard, Surveyor at FHP Property Consultants commented:

“The Exchange Building was always going to be in popular demand, given the lack of freehold stock within easy access to the City Centre and the hybrid approach the property offered, making it suitable for a variety of uses. The sale reflected a great price and I am delighted to see SHAPE handed the keys to endure their new project. It is a great concept for the property and the area, providing additional support for students and I wish them all the best.”

Shamraiz Younas, CEO at SHAPE commented:

“It has been a delight to work alongside Amy Howard of FHP, & Will Torr of heb Surveyors on the acquisition of The Exchange Building, a great effort by all in seeing this over the line. This iconic building on one of the main routes into Nottingham is a great asset to add to our fast growing portfolio in our hometown.”

Will Torr, Partner at Heb Surveyors added:

“The search to find an alternative education facility for our client was a difficult brief to meet but the availability of The Exchange Building meant we could fulfil the requirement perfectly. The prominent building is ideally located and the internal configuration enables all of the education provisions to be provided under one roof. Thanks to Amy at FHP who ensured a smooth transaction and we hope Shamraiz and the team have a successful launch.”

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

On behalf of private clients, FHP Property Consultants are delighted to bring to the market this modern office situated in Lockington Hall Business Centre, Lockington, DE74 2RH.

The premises occupies a convenient position, within 1 mile of Junction 24 of the M1 motorway and a short distance from the A50. The accommodation provides a mixture of open plan offices with cellular offices and additional meeting rooms. The property extends to approximately 200m² (2,152ft²) and benefits from LED lighting, gas central heading and 20 designated car parking spaces.

FHP Property Consultants are marketing the property to rent at a price of £29,700 per annum.

Corbin Archer of FHP Property Consultants comments:

“I am pleased to bring this property to the market as it offers good quality offices for a reasonable price breaking down to £13 per sq. ft. The location is great, situated so close to the M1 and the A50 allowing for an occupier easy access to Nottingham, Derby and Leicester.  I look forward to speaking with all interested parties.”

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

ENDS

Corbin Archer

January 2024

FHP Property Consultants are delighted to have completed the letting of Unit 2, Holmewood Business Park, Holmewood, Chesterfield, S42 5US.

The property is situated in Holmewood to the south of Chesterfield and benefits from quick access to the A617 and M1 motorway which is within 2 miles of the office.

Unit 2, Holmewood Business Park is self-contained and comprises of 3,951ft² of high quality office accommodation.  The property recently underwent an extensive refurbishment and provides a mix of open plan offices, meeting rooms, two kitchens and break out space.  The impressive specification includes LED lighting, air conditioning, lift, intercom entry system and meeting pods.  In addition the offices offer excellent parking with 16 designated spaces.

The property has been let on new lease terms for a period of 5 years.

Darran Severn of FHP Property Consultants comments:

“We were initially instructed to sell the long leasehold interest in this property, which was somewhat restricted due to short unexpired term of approximately 80 years.  Whilst we were in discussions with the freeholder to extend the lease, we were approached by a business interested in taking a lease of 5 years.  Following some restructuring it was decided that this was actually a more preferable solution and allowed our client to hold on to the property as an investment”.

For further information on this letting please contact Darran Severn on 07917 460 031 or darran@fhp.co.uk.

ENDS

Darran Severn

January 2024

On behalf of private clients, FHP Property Consultants are pleased to announce the sale of Unit N, Ivanhoe Business Park, Ashby-de-la-Zouch, LE65 2UY.

The office building sits in a superb location on the Ivanhoe Business Park, an established commercial development just 2.5 miles from Junction 13 of the A43. The building comprises a two storey detached building with a further mezzanine and generous parking.  In total the accommodation extends to approximately 5,326 sq ft.

Darran Severn of FHP Property Consultants comments:

“This is a high quality building in an excellent location.  We were initially instructed to place this property on the market and invite leasehold interest only.  Whilst there was interest on a leasehold basis we were finally approached by a business who were looking to purchase the property.  Whilst this was not our clients initial intentions, we were able to agree a strong sale price which our client was happy to proceed with.  This turned out to be an excellent result for both our client and the purchaser”

There is currently good demand for freehold office buildings across the region on both office parks and within town/city centres.  As a result capital values remain strong and more importantly transactions are completing”.

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

ENDS

Darran Severn

January 2024