Property consultants FHP are delighted to announce that they have completed the letting of 2.1 Clarendon Business Park to ILS English. 

ILS English are one the region’s leading providers of year round English courses and they work with individual companies and educational organisations from all over the world from their base on Clarendon Business Park.  The move has allowed for a consolidation and expansion of their space within Clarendon Business Park where they now occupy three buildings.

This letting means that the self contained office on Clarendon Business Park has been let within 10 months of coming to the market.

James Hartley of FHP commented:

“ILS English were one of the first companies we approached to take on this space given that they are already on the Park.  We always like to approach local occupiers when we first bring a property to the market and this strategy has proved successful in this instance.  It is great news to see a local firm with a global reputation taking more space and expanding and I hope that the move into 2.1 Clarendon Business Park is a success one for them.”

FHP Property Consultants are delighted to confirm that they have completed the letting of 1 Phoenix Place to Vinci Construction.

Vinci have taken on the whole of 1 Phoenix Place which totals 9,845ft².  The office will be a home for their special products team which will allow them to carry out the construction work on the tram lines.

The offices appealed to Vinci due to their close proximity to the Motorway allowing their team easy access to the office from other nationwide offices as well as the properties proximity to the tram line and its great access to Nottingham City Centre. 

James Hartley of FHP commented:

“I am delighted to have completed this letting to Vinci Construction.  There was no doubt once they viewed the property that they loved the location being so close to Junction 26 of the M1 Motorway and also Phoenix Office Park & Ride tram meant that it was the ideal spot for them.  Both Vinci, ourselves and the landlord had to work together very closely in order to complete the letting within a timescale that allowed them to move in before Christmas but I think that the team effort has paid off.”

A new joint venture set up by STAINTON, together with a group of Kuwaiti Investors advised by WW Advisors, has acquired Chapel Quarter Nottingham from Royal London Asset Management’s Scottish Life Fund for £20m representing a yield of 8.75%.

Chapel Quarter is a 145,000 sqft prime mixed-use island scheme in CBD Nottingham comprising four floors of offices, six prime retail units and a 120 bed Holiday Inn Express hotel.

The property is 91% let to nine tenants including Thomson Reuters, Barclays and Global Radio with an average lease length remaining of 14 years.

The prime retail units include restaurants ASK, CHINA CHINA, FAT CAT CAFÉ, LAS IGUANAS & MAN’S

James Longden, Chief Investment Officer, Stainton Group commented:

“We spent many months working with the vendor Royal London Asset Management to ensure the successful completion.  We are very pleased to have made this investment in the Nottingham market and we strongly believe in the fundamentals that Nottingham has to offer as a location.

“We look forward to working with the local, national and international tenants in improving and consolidating Chapel Quarter’s position and image in the centre of Nottingham.”

David Swan, Managing Director, WW Advisors commented:

“We are delighted to add Chapel Quarter to the rapidly growing list of properties we have advised as we build our client’s portfolio. Our strategy has seen the recent acquisition of three quality assets, each of which will deliver a good return, require low capital expenditure, and with active asset management, we believe will perform very well.

“We continue to seek more opportunities, both on and off market, where we can secure assets that fit our model and work with local partners to add value for our client.”

STAINTON, as well as being an equity partner has also been appointed Asset Manager to the new joint venture.

The owners are planning a refurbishment of the reception area and exterior of the building to improve the overall image of the building.

The recently purchased investment also offers the chance of an immediate increase in income as there is 12,975 sqft of vacant space available within the mix used scheme.

James Hartley of letting agent FHP commented on the space “It is a fantastic space and really stands out within the city. It is such a prominent position and the available specification within the building is high – no matter what the use be it retail, leisure or office, we can accommodate a requirement in the space as it can be easily and quickly altered to suit an occupiers needs.”

There are three areas available for letting:

• On the first floor, a vacant office comprising 5,238 sqft, this unit can be connected with B alongside, or C below via a private internal staircase, to create either a 10,943 sqft unit or a larger 12,943 sqft unit on two floors  – with private street entrance
• Adjacent to A above, a shell expansion space of 2,000 sqft – which can connect to either A above, or C below
• On the ground floor a 5,705 sqft unit (currently behind boarding) that has extensive street frontage onto Maid Marian Way and can offer either an office space with its own front door, a restaurant or retail unit – which can extend into units A and B above as well

There are various options of combining the spaces AB / AC / ABC / BC via an internal staircase, thus offering very adaptable and flexible layout options

Local agents FHP are being appointed as lead letting agents

Local firm Paragon Interiors are being appointed as contractors for the refurbishment programme

Debt finance was provided by Deutsche Postbank AG

The joint venture was advised by Pardoe Properties and CBRE

FHP are delighted to announce the letting of Unit K at The Steps on Plumptre Square in The Lace Market to NEST. The scheme offers a mixture of office and retail units located close to the Capital FM arena, perfect for small and medium sized businesses looking to benefit from the prominence that the location offers.

NEST, a residential management company are looking to benefit from the main road location and the quality working environment that has been created.

Mark Tomlinson, surveyor at FHP commented:-

“I am delighted that we achieved this letting, NEST already look well settled and their quality fit out really breathes new life into the scheme.  I am sure that other businesses will follow their lead and look to capitalise on the prominence of the location and the competitive rental terms on offer”

Mark Tomlinson added:-

“We are close to achieving a sale of the whole development and the new investors plan an extensive refurbishment programme to enhance the space on offer.  The benefits of well presented accommodation with its own front door should be plain to see in the coming months.”

FHP are delighted to announce that they have completed a letting on further space to Chinook, at its European headquarters at No. 1, Nottingham Science Park.  As a result Chinook are looking to start taking on more skilled engineers.

Chinook Science moved into the building a year ago and has now agreed to take an additional 5,000 sq ft of office space on top of the 15,000 sq ft it already occupies. This means that there is now only 2,700 sq ft of office space within the 40,000 sq ft building and the design and build site left.  

James Hartley of FHP commented:

“This further letting is testament to the quality of the office space at No.1, Nottingham Science Park the No.1 development has been a hugely success development in recent years attracting an exceptionally high calibre of tenants.  The main area we are looking at on the park is the 6 acres design and build land that we have available.”

Chinook commented:

“The expansion has come after an increase in demand for industrial renewable energy technology RODECS. It is thought to be the world’s only industrial gasification system which universally develops waste material without any type of pre-processing.

Harry Perry, Chinook Sciences, Technical Director, commented:

“It is an easy decision to invest at the Science Park with the pool of talent available in the region, and combined with the quality of the current workforce, we will be able to grow and fully support Chinook’s wide ranging activity in the waste to energy field.”

Shields & Company are the latest firm to take advantage of the quality office space available at Quantum House on College Street in the Professional Quarter of Nottingham City Centre. The property is located a short walk from the Nottingham Playhouse and Cast Cafe and Bar and offers a range of offices suitable for both new businesses through to  more established local companies, such as Shields & Company.

Mark Tomlinson of FHP, who act on behalf of Quantum House commented:-

“This is the third letting we have completed at Quantum House since the refurbishment was completed. The offices were launched in early October and we are not surprised to see good demand for these quality offices in this location.”

Charles Fish, of Quantum House commented:-

“We are delighted with the initial positive response to our serviced offices at Quantum House which include in-house receptionist, boardroom and secretarial facilities.”

Joint agents are FHP and Innes England.

For further information on the availability within this building please contact Mark Tomlinson on 07917 576254 or email mark@fhp.co.uk

Property consultants FHP are delighted to announce that they have completed a further letting within The Atrium to Road to Health.  This is a company that provides an online system to calculate how healthy individuals are and offers simple steps to achieve personal health goals.  The company also provides this facility to national and international insurance companies and works alongside individuals to make them healthier and potentially reduce their insurance liabilities.

This letting means that there is currently only 3,000ft² of space available within the Atrium and within the last 12 months alone there has been circa 15,000ft² of lettings done over five separate deals.

James Hartley of FHP commented:

“Road to Health approached FHP in early 2011 looking for a new head office for their high tech organisation.  They spent some time viewing a number of different options both in and out of town and they decided that given the high quality specification of the offices and generous and impressive communal areas within The Atrium that this was the right space for them.  Moving from Bio-City enabled them to accommodate their ambitious expansion plans but also offers them the opportunity to have high quality offices which will improve their client relations and attract a greater workforce.

Colin Graham of LMP City Lets, who manage the property on behalf of the landlords, Cubic, commented:

“Space is really filling up at The Atrium at the moment and our sole agents FHP are doing a fantastic job and getting the space let.  If you had told me in 2010 that we would only have 3,000ft² available in the building then I would have been very surprised.  FHP have been incredibly flexible and have brought some interesting new ideas to our marketing and this appears to be paying off.  We are confident the remaining space will be let soon as we have interest in it and we look forward to working alongside FHP on other projects that we have on the market.”

FHP have completed their latest letting on Wheatcroft Business Park of Unit 1, a 4,500ft² self contained office to a financial services company specialising in financial management, insurance, mortgage and debt advice.  

This letting means that the Business Park which totals 65,500ft² is now up to a total occupancy. 

James Hartley of FHP Property Consultants commented:

“This letting is fantastic news.  Firstly to complete another letting is very satisfying but even more than that to have effectively filled this office park gives me and the whole team at FHP great satisfaction.  When we were originally brought on board to market Wheatcroft Business Park in January 2009, there was 35,000ft² of vacant space within the park, now we are able to announce that the park is full. 

The success at this Park has not come easy however and with the landlord we have had to be incredibly flexible and creative in our marketing.  There has been a mixture of incredibly incentivised deals, greater flexibility offered to tenants and also implementing the strategy of splitting some of the units so as to appeal to the more local market where we identified a lack of stock was available in the sub 1,000ft² category.  In fact the 35,000ft² that has been let has been made up of over 15 different lettings ranging from 300ft² up to circa 8,000ft².

Chris Wheatcroft of Wheatcroft Properties, the landlord, commented:

“We are delighted with the work of FHP on this Park.  When they came on board with the marketing in 2009 we were really struggling with high vacancy rates and this meant that not only was our rent rolled down but we were also being hit by large Rates bills.  With a combination of the Office Agency Team letting the space and changing our marketing strategies and FHP’s Rates Department helping us on Rates savings, they have really in the last 2 years been able to turn the Park around and I am pleased to say that we are now full.”

Acting on behalf of private investor clients, in a deal brokered by Tim Gilbertson, Partner of FHP a lease has been agreed on substantial high quality office space in Linby.

With the benefit of extensive on-site parking and presented in immaculate order, the deal was rapidly struck with the eventual occupiers and the lease concluded within a matter of weeks.

Tim Gilbertson of FHP commented:

“Having acted for our client on this building in three or four previous lettings over the years, I knew that its perfect presentation, excellent specification and attractive out of town location would appeal to the market and pleasingly, despite the difficult world in which we trade this would prove to be correct as terms were agreed for a deal with the eventual occupiers within a matter of days.

With the lease completed swiftly, we wish the new occupiers well in their new home as they take advantage of the excellent open plan office space available which is presented to the highest order and the extensive on-site car parking available.

Yet again this letting shows that even in these troubled times if premises are presented well and agents react quickly to market premises extensively and sensibly then deals can still be done.

I am delighted to have secured further income for my client on this building, for whom I have acted for over 10 years.  It is these ongoing long term relationships which help secure deals despite the ongoing travails in the economy.”

For further information on this transaction please contact FHP on 0115 9507577.

Acting on behalf of private clients, joint agents FHP Property Consultants and Raybould and Sons have successfully completed the letting of 4 Riverside Court to Parker Hannifin. Parker Hannifin have taken a long-term lease of the 4,441ft² office building.

Parker Hannifin is the world’s leading manufacturer of motion controlled technologies and systems, providing precision engineer solutions for a wide variety of commercial, mobile, industrial and aerospace markets.

The Derby office will be home to Parker Hannifin’s local Parker Aerospace team.  The new location provides extensive meeting room and business support facilities to enable business to be conducted efficiently and comfortably within easy reach of their local clients. Co-located with Parker Aerospace is Parker Hannifin’s Fluid Connectors team.

Jonathan Sayer of FHP Property Consultants who completed the letting commented:

“The recent letting to Parker Hannifin is particularly appealing. The office building delivered the correct balance of accommodation and storage, enabling Parker Hannifin to locate both their Parker Aerospace and Fluid Connector teams within the same building. I wish the Parker team all the best for their future in their new facility.”

Jim McShane of Parker Aerospace added:

“This location provides the Parker team with the facilities to support the growing aerospace business and industrial customer base and underlines Parker Hannifin’s commitment to premier customer service. The facility includes new conferencing capabilities that complement and enhance our customer on-site support team service. “

Helen Longstaffe of DTZ acted on behalf of Parker Hannifin.

FHP have recently received instructions to market two period buildings on Regent Street in the heart of Nottingham’s Professional Quarter.

FHP’s Nottingham Office have confirmed that Coca Cola Enterprises Limited are to be the latest Tenant in McAleer and Rushe’s nine storey Waterfront House in the heart of Nottingham.

Coca Cola are moving on to the second floor and occupying approximately 8,700ft².  John Proctor at FHP handled the letting.

Acting on behalf of Clowes Developments (UK) Limited FHP has put offices under offer on the Strand Arcade in the Heart of Derby’s Cathedral Quarter in only six weeks. The offices had previously been on the market for over 12 months. From being instructed FHP were proactive in their approach to the marketing, highlighting the quality of the accommodation and the excellent value the offices provided.

George Dunnicliff of FHP added:

“Our proactive approach and market coverage enabled us to transfer this enquiry and put the office under offer within only 6 weeks of coming to the market. The good quality of office space and their great location within the Cathedral Quarter offer so much with the many shops, cafes and bars all within walking distance.”

For further details on office and retail opportunities within the Derby City Centre, please contact George Dunnicliff 01332 343 222.

Acting on behalf of Howard Pratt, Chairman of Godwin Developments, joint agents FHP and NG Chartered Surveyors are delighted to announce the letting of the offices at 52 The Ropewalk to Hallbrook Partners Limited, a financial services company specialising in redress claims.

Matthew Hall at Hallbrook Partners commented:

“We are delighted with our move to The Ropewalk, it fits the company’s planned expansion perfectly. Since 2008 we’ve established a unique business in financial services protecting our clients from securities fraud and seeking financial redress for investors who lost money as a result of negligent stockbroker advice. The relocation means we can now develop new services and grow the business further.”

Mark Tomlinson of FHP commented:

“This letting adds to a number of other deals that have taken place in the professional quarter in the last month.  Hallbrook Partners have been based in serviced offices since their inception and were quick to realise that they could vastly reduce their occupation costs by moving.”

Mark added:

“From putting the board on the property we had agreed terms within 2 weeks and completed the process 6 weeks thereafter.  This undoubtedly bucks the trend in the area and is a testament to the manner in which the offices were presented and the pragmatism shown by the landlord.”

Andy Smith of NG Chartered Surveyors commented:

“Since coming vacant the landlords have taken a proactive approach refurbishing the property to a high standard both inside and out. It was decided to provide an occupier with furniture in addition and in the case of Hallbrook this was a key factor.  A combination of the refurbishment and prominent position at the head of Oxford Street and The Ropewalk means the offices will offer a real presence for this growing local firm.”

For further information on this letting please contact Mark Tomlinson at FHP on 0115 841 1134 or Andy Smith at NG Chartered Surveyors on 0115 989 7099.

FHP are delighted to announce the letting of 9 East Circus Street to the Nottingham Yamaha Music School on a new 10 year lease.  The property comprises an attractive period office building set over four floors in this much sought after location, being located just a stones throw away from the Playhouse Theatre and the Cast café and bar.

Nottingham Yamaha Music School provides piano, keyboard and guitar tuition for children from the age of 3 right up to adults and currently have just under 300 pupils per week in attendance of their classes.  Their teaching methods have been developed and approved by Yamaha since 1954 and they have been based in Nottingham for the last 25 years, being 1 of only 3 approved Yamaha Music Schools in the UK.

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

“The quality of this property, having recently been refurbished throughout, and its excellent location made it an almost perfect proposition for Yamaha Music School.  This property sits very well with their desired image for the high end clientele who they attract.

The property was brought to the market in February having been refurbished to a good standard.  This was the key to getting this space let in such a short period of time.”

Linda Jackson of Nottingham Yamaha Music School further commented:

“We had been looking for premises in Nottingham city with no luck, I contacted FHP gave details and was immediately sent the details, the property was perfect for us and with the help and support of Mark we breezed through what usually would be thought of as a very traumatic time.  We look forward now with a smile on our face.”

For further information on this letting please contact Mark Tomlinson at FHP on 0115 841 1134 or mark@fhp.co.uk.

Avonside Renewables has just moved into new premises in Carriage Court at the historic Welbeck Estate, marking another important milestone in the continuing drive to create a sustainable community at Welbeck and underscoring Avonside’s commitment to sustainability.

Avonside Group Services recently launched Avonside Renewables to provide a range of environmentally sound micro-generation roofing solutions to house-builders, housing associations, ALMOs, councils, construction companies and builders. 

Robert Mayo, Development Director at Welbeck Estates, said:-

“We are delighted to welcome Avonside Renewables to Welbeck. The focus of its business could not be more appropriate to our own vision and it is especially heartening to see such a forward-looking organisation now at work in such a historic setting.”

Andrew Morley, Group Operations Director at Avonside Renewables, said:-

“Choosing to base our operations at the Welbeck Estates was obvious, since both The Welbeck Estates Company and Avonside Renewables’ business models share a common goal – sustainability.  Welbeck Estates are determined to provide accommodation that is sustainable and Avonside Renewables is dedicated to providing relevant, innovative solutions, turning sustainability goals into reality.”

One of Britain’s leading roofing contractors, Avonside Group Services has been working for over five years with manufacturers of solutions and installing systems such as solar thermal and PV panels for improving the energy efficiency of properties on both the new build and refurbishment fronts. 

The launch of Avonside Renewables was a logical progression of the Group’s environmental credentials and a clear indication to the industry of its ambitions to offer the markets it serves with a complete package for the ‘design, supply, install and commissioning’ of Solar PV and Thermal systems. 

This new business has already been awarded the Micro-generation Certification Scheme (MCS) accreditation and the Renewable Energy Assurance Limited Scheme (REAL), certifying that it follows an accepted code of practice and meets robust quality standards.

For centuries, the story of Welbeck, one of England’s finest country estates, has been one of continuing and innovative evolution. The arrival of Avonside Renewables at Carriage Court, an important historic building offering modern office space in its grounds, opens a new chapter in that story.

Carriage Court will play a central role in bringing the Welbeck Project to life. The Welbeck Project aims to create a sustainable and thriving community in this setting of unique natural and architectural beauty.  Bringing together rural and creative industries, education and the arts, Welbeck will provide new opportunities for people to work, live, learn, and create.

Andrew Morley continues:-

“Being part of a well established nationwide group of companies, Avonside Renewables has complete access to the full facilities of Avonside Group Services, including financial  and management support in addition to access to resources from the extensive network of branches.” 

Avonside Renewables can also call upon the wealth of experience available. Avonside operatives are experienced in ‘Working at Height’ and are fully trained in risk analysis and follow safe systems of work. The management teams are NEBOSH qualified with supervisory staff qualified to either IOSH or more recently SMSTS.  Personnel ensure that all installations are left secure and watertight, regardless of the type of roof covering, which is core to ensuring customer satisfaction. 

“As Avonside Renewables’ logo suggests, its ambition is to play a part in making Britain greener,” concludes Andrew. “There can be nowhere better equipped to highlight that ambition than at Welbeck, which offers historic surroundings combined with the latest technologies and we are all very excited to be here.”

Laura West, Surveyor at FHP Property Consultants concluded:-

“The arrival of Avonside Renewables brings about a further piece of good news to Carriage Court which provides an ideal setting for creative and sustainable businesses. We are pleased to report interest in the remaining suites and hope that it won’t be too long before Carriage Court will be fully occupied.”

For further information on the remaining office suites please contact Laura West on 0115 841 1149.

FHP acting on behalf of Receivers are delighted to announce the successful sale of 14 High Pavement to The Stone Soup project who have purchased the development opportunity to house part of their social enterprise organisation. 

The 9,504 sq ft former office and stores of Storm Clothing was purchased for £390,000 by The Stone Soup Project who have since been carrying out a series of repairs and a course of restoration that is much needed on the run down building.

James Hartley who handled the Sale for FHP commented:

“We took this instruction as part of our growing Insolvency Service and we are delighted that we have been able to complete this sale on behalf of the Bank so quickly and efficiently.  There were a number of issue with the building that we had to proactively manage as part of the insolvency work.  

Insolvency instructions do tend to require a greater deal of day to day management and care and attention to other jobs within the portfolio but with such a strong Management Team working alongside the Agency Departments we are able to offer a high quality insolvency service.”

James further commented:

“We had a great deal of interest in these offices from a number of different end users from hotels to marketing firms, bars and residential developers and in the end we were able to agree a sale with the Stone Soup Project to purchase the building as part of the social enterprise charity.”

Chris Manze from The purchasers The Stone Soup Project went on to further comment:

“We have been looking for some new premises for quite a while now to house our construction training element of our social enterprise charity and when we came across this building we just felt that it was a perfect option for us.  We were aware of a number of different issues with the building but thought that given the nature of training that we want to carry out in the building where better to do it than in a property that requires a lot of work.”

Acting on behalf of Derbyshire County Council, Joint Agents FHP Property Consultants and Knight Frank have completed the letting of the first floor at C1 Holmewood Business Park to Greenpark Energy limited. Greenpark Energy has taken a new 3 year lease of the 2,260ft² office suite enabling their relocation from Corbriggs.

Greenpark Energy is a leading Coal Bed Methane Exploration and production company, with the largest on shore acreage position of any Oil and Gas company operating in the United Kingdom.

Greenpark Energy plans to initiate Coal Bed Methane Gas production throughout the UK as early as 2012.

“Whilst the last 18 months have proved extremely challenging throughout the property market there are more positive lights on the horizon. The recent letting to Greenpark Energy underlines the flexibility and excellent value for money that is afforded at Holmewood Business Park whilst offering room for expansion. We were able to meet Greenpark’s demanding timescale to relocate and the flexible approach of our client meant that Greenpark could meet their deadlines.

We wish them all the best in their new premises and with further units available at this scheme and welcome the opportunity to speak with occupiers on how we can accommodate their requirements at Holmewood Business Park.”

 
Holmewood Business Park provides high quality business space comprising of first floor open plan office and the ground floor suitable for research, storage or further office accommodation in a well maintained environment. Built by our clients, Derbyshire County Council the scheme was funded in part by East Midlands Development Agency and The European Regional Development Fund.

Two lettings have been secured in as many months at the Hounds Gate office development in Nottingham city centre.

The deals have been brokered by joint agents, DTZ in Nottingham and FHP acting on behalf of landlord, Catalyst Capital LP.

In the first of the deals, 5,635 sq ft of office space on the second floor of the scheme has been let to Severn Trent on a 10 year lease. Severn Trent was represented by Lambert Smith Hampton. 

A further 2,041 sq ft of space on the fifth floor has been let to recruitment consultancy, Badenoch & Clark on a five year lease.

The Hounds Gate scheme provides high quality refurbished office space and is centrally located with good access to Nottingham’s amenities and transport links. Other occupiers in the multi-let building include Browne Jacobson and Vasek Insurance.

The remaining available space at the building is due to undergo refurbishment later this month. This includes 7,689 sq ft of self contained accommodation on the ground floor which benefits from sole use of the courtyard garden and a further suite totalling 3,607 sq ft on the third floor. Once complete the refurbishment will provide high quality open plan office space which will maximise natural lighting and benefit from comfort cooling throughout, suspended ceilings, new carpets and LG7 compliant lighting.

James Hartley, Surveyor at FHP, said:

“This is a great way to start the year with these two deals completing in such quick succession. The two suites were already refurbished to the same high standard as the remaining suites will be, so we are very confident that once the refurbishment works have been finalised we will see a great deal of interest.”

He added:

“The lettings are testament not only to the quality of the office space on offer but also to the landlord’s flexible and tenant friendly approach which is a real aid in what is a very competitive city centre office market.”

George Alcock, Surveyor at DTZ in Nottingham, commented:

“We are confident that the quality of the refurbishment will see the remaining space being snapped up by occupiers keen to secure centrally located and well specified office space.”

Acting on behalf of Family Care, FHP are delighted to announce the letting of 2 Pelham Court in Sherwood to the Nottingham Women’s Counselling Service (NWCS).

Unit 2, Pelham Court is situated on Pelham Road in the Sherwood area of Nottingham and provides 2,211ft² of office accommodation over three floors with own front door access and seven on-site car parking spaces. 

NWCS who provide person centred counselling and support have been in the area since 1991.  They now have 18 volunteers and have expanded their services into this building. 

Jackie Worthington of Family Care commented:

“The building was previously occupied by Family Care prior to our expansion and we are very pleased that the offices are now being occupied by another local charity.”

Mark Tomlinson, surveyor at FHP added:

“I am delighted that we have achieved this letting within a relatively short period of time.  This is a testament to the flexibility and open mindedness of the landlord in order to try to meet the tenant’s needs in this challenging market place.” 

Further information on this letting or for more information on opportunities in the area please contact Mark Tomlinson at FHP on 0115 8411134 or email mark@fhp.co.uk.

FHP are delighted to announce a letting of a further 2,500ft² within The Atrium at Wollaton Street in Nottingham City Centre.  The letting has been completed to Modacs who operate as Credit Safe for a call centre for the credit company. 

This latest letting sees Modacs nearly double in size in terms of their occupation in The Atrium, just 6 months after they first moved in.

James Hartley of FHP commented:

“We have seen a great deal of interest in The Atrium of late which has seen six lettings since January last year and means that there is now less than 4,000ft² available in the building.  This is a very satisfactory position to be in.”

For further details on this letting please contact James Hartley on 0115 9507577.

Acting as joint agents FHP Property Consultants and NG Nattrass Giles are pleased to confirm the letting of 2 Boundary Court, Willow Farm Business Park, Castle Donington to Countrywide Surveyors, a division of Countrywide plc.  Countrywide Surveyors is one of the UK’s leading surveying and valuation practices operating throughout the UK specialising in the residential property sector.

Countrywide Surveyors have taken the assignment of the existing lease until 2016 of the two storey modern office extending to 8,394ft² which following extensive refurbishment will allow them to relocate from their base at Lockington Hall and provide ample room for their upcoming expansion plans. 

Jonathan Sayer Surveyor at FHP Property Consultants who agreed the deal commented:

“This recent letting to Countrywide Surveyors is particularly pleasing and underlines the potential that Willow Farm Business Park has to offer companies that seeking to service and draw upon the employment markets of Derbyshire, Nottinghamshire and Leicestershire whilst being only moments from the M1 Motorway.”

” A concerted effort from all parties involved with this letting meant that from instructing solicitors on the Friday we were able to complete the transaction by the following Thursday enabling Countrywide Surveyors to commence fitting
out the premises ahead of their April move. I wish Countrywide Surveyors and the rest of their team all the best
for the future in their new premises.”

Boundary Court is already home to Hollister Services Limited, Morris Homes, CET Safehouse, Applied CAE, DDC Precision and
PJD Group.

Acting on behalf of Cubic Property Holdings, James Hartley of FHP has secured the letting of a 1,600ft² office suite within the highly popular Atrium on Wollaton Street in Nottingham.  This office deal sees Kelly Recruitment move from their current base on Bridlesmith Walk into a high quality refurbished office suite.

James Hartley commented:

“We have had a great run of interest in The Atrium throughout 2010 and by the looks of it this seems to be continuing into 2011 where we currently have a further 5,000ft² of space ‘under offer’ already.  I think it is largely due to a combination of location and high quality affordable suites but also the unique nature of the communal space within the building which is spanned by a large glass atrium which appeals to the tenants.  I do not think you can get such generous communal space anywhere else in Nottingham.

In 2010 we let over 16,000ft² in the Atrium and the amount of space we already have ‘under offer’ in 2011 is testament to how good the quality of space here is.” 

Colin Graham from the landlords commented:

“It is great to see a building gain such momentum.  You hear such bad news stories in the press but we have been incredibly delighted with the number of tenants and the amount of space we have let in the last 12 months.  Our aim is to be as flexible as possible in our approach to all tenants.  This along with the quality of space on offer here seems to be working.

Last year we had Esendex, Capital Cranfield Trustees and Credit Safe move in and now following this deal to Kelly Recruitment we will have a few more names to add to our tenant list in the not too distant future.”

For further information on this letting please contact James Hartley on 0115 9507577.

Acting jointly on behalf of PPG Southern Limited, FHP and Innes England have confirmed that they have concluded the sale of St Nicholas Court on Castle Gate in Nottingham to a consortium of Investors who intend to refurbish the property and offer managed/serviced high quality office suites.

The 24,424ft² building was refurbished in the early 1990s by Sole Construction, being originally occupied by the Inland Revenue prior to their move to their UK Headquarters on Wilford Road in Nottingham and now part let to the National Heritage Lottery Fund and The Arts Council, with approximately 13,000ft² vacant.

The building complements the original Georgian street scene on Castle Gate and provides four wings of offices around a central courtyard.  The property has been purchased by a consortium of Investors who intend to offer the property through Business Homes For You – the Nottingham Specialist Serviced Office Centre Provider.

PPG had evolved a refurbishment program and were intending to relaunch the property themselves to the market but decided that the size and nature of the building did not conform with their UK property portfolio, leading to the sale.

It is understood that whilst the financial terms of the transaction have not been agreed that there was good interest in the building and that the property was purchased in a competitive bidding scenario by the consortium.

Chris Sinclair at Innes England confirmed:-

“We generated good interest in the property and it is pleasing that the property has been sold to a consortium of Investors who have existing interest within the Nottingham City Centre.

It is essential to identify a buyer who would look to show interest in the property and actively market the premises in order for it to be able to compete in what is a competitive market – the Purchasers will offer that little bit extra by letting out the space as flexible serviced business space”.

The consortium was led by David Ajose who runs a number of business centres already within the Nottingham City Centre, David confirmed:-

“We pride ourselves at Business Homes For You in offering a well managed personal office environment that can enable businesses to concentrate on their core activities and have an environment in which they can grow.

Our existing centres primarily cater for the smaller occupier and we saw St Nicholas Court as the logical next step to be able to offer larger individual suites to our existing Tenants are new Tenants to cater for their onward growth”.

The sale of the building is announced in parallel with the Nottingham office forum (a consortium of all of Nottingham’s main Commercial Agents) who have released the commercial office market review for Nottingham demonstrating the regional significance of Nottingham as an office location.

John Proctor at FHP confirmed:-

“This sale is a further piece of good news for the Nottingham office market – we need as a City to be able to cater for all sectors of the market and Business Homes For You will provide a well managed good quality environment within which small to medium sized firms can occupy good quality space and take occupation quickly.

This adds to the variety of offices that can be made available to Occupiers and can only help us to all collectively seek to work in a manner which brings greater life and vitality into strengthening our central business district”.

Acting jointly on behalf of PPG Southern Limited, FHP and Innes England have confirmed that they have concluded the sale of St Nicholas Court on Castle Gate in Nottingham to a consortium of Investors who intend to refurbish the property and offer managed/serviced high quality office suites.

The 24,424ft² building was refurbished in the early 1990s by Sole Construction, being originally occupied by the Inland Revenue prior to their move to their UK Headquarters on Wilford Road in Nottingham and now part let to the National Heritage Lottery Fund and The Arts Council, with approximately 13,000ft² vacant.

The building complements the original Georgian street scene on Castle Gate and provides four wings of offices around a central courtyard.  The property has been purchased by a consortium of Investors who intend to offer the property through Business Homes For You – the Nottingham Specialist Serviced Office Centre Provider.

PPG had evolved a refurbishment program and were intending to relaunch the property themselves to the market but decided that the size and nature of the building did not conform with their UK property portfolio, leading to the sale.

It is understood that whilst the financial terms of the transaction have not been agreed that there was good interest in the building and that the property was purchased in a competitive bidding scenario by the consortium.

Chris Sinclair at Innes England confirmed:-

“We generated good interest in the property and it is pleasing that the property has been sold to a consortium of Investors who have existing interest within the Nottingham City Centre.

It is essential to identify a buyer who would look to show interest in the property and actively market the premises in order for it to be able to compete in what is a competitive market – the Purchasers will offer that little bit extra by letting out the space as flexible serviced business space”.

The consortium was led by David Ajose who runs a number of business centres already within the Nottingham City Centre, David confirmed:-

“We pride ourselves at Business Homes For You in offering a well managed personal office environment that can enable businesses to concentrate on their core activities and have an environment in which they can grow.

Our existing centres primarily cater for the smaller occupier and we saw St Nicholas Court as the logical next step to be able to offer larger individual suites to our existing Tenants are new Tenants to cater for their onward growth”.

The sale of the building is announced in parallel with the Nottingham office forum (a consortium of all of Nottingham’s main Commercial Agents) who have released the commercial office market review for Nottingham demonstrating the regional significance of Nottingham as an office location.

John Proctor at FHP confirmed:-

“This sale is a further piece of good news for the Nottingham office market – we need as a City to be able to cater for all sectors of the market and Business Homes For You will provide a well managed good quality environment within which small to medium sized firms can occupy good quality space and take occupation quickly.

This adds to the variety of offices that can be made available to Occupiers and can only help us to all collectively seek to work in a manner which brings greater life and vitality into strengthening our central business district”.

Acting jointly on behalf of PPG Southern Limited, FHP and Innes England have confirmed that they have concluded the sale of St Nicholas Court on Castle Gate in Nottingham to a consortium of Investors who intend to refurbish the property and offer managed/serviced high quality office suites.

The 24,424ft² building was refurbished in the early 1990s by Sole Construction, being originally occupied by the Inland Revenue prior to their move to their UK Headquarters on Wilford Road in Nottingham and now part let to the National Heritage Lottery Fund and The Arts Council, with approximately 13,000ft² vacant.

The building complements the original Georgian street scene on Castle Gate and provides four wings of offices around a central courtyard.  The property has been purchased by a consortium of Investors who intend to offer the property through Business Homes For You – the Nottingham Specialist Serviced Office Centre Provider.

PPG had evolved a refurbishment program and were intending to relaunch the property themselves to the market but decided that the size and nature of the building did not conform with their UK property portfolio, leading to the sale.

It is understood that whilst the financial terms of the transaction have not been agreed that there was good interest in the building and that the property was purchased in a competitive bidding scenario by the consortium.

Chris Sinclair at Innes England confirmed:-

“We generated good interest in the property and it is pleasing that the property has been sold to a consortium of Investors who have existing interest within the Nottingham City Centre.

It is essential to identify a buyer who would look to show interest in the property and actively market the premises in order for it to be able to compete in what is a competitive market – the Purchasers will offer that little bit extra by letting out the space as flexible serviced business space”.

The consortium was led by David Ajose who runs a number of business centres already within the Nottingham City Centre, David confirmed:-

“We pride ourselves at Business Homes For You in offering a well managed personal office environment that can enable businesses to concentrate on their core activities and have an environment in which they can grow.

Our existing centres primarily cater for the smaller occupier and we saw St Nicholas Court as the logical next step to be able to offer larger individual suites to our existing Tenants are new Tenants to cater for their onward growth”.

The sale of the building is announced in parallel with the Nottingham office forum (a consortium of all of Nottingham’s main Commercial Agents) who have released the commercial office market review for Nottingham demonstrating the regional significance of Nottingham as an office location.

John Proctor at FHP confirmed:-

“This sale is a further piece of good news for the Nottingham office market – we need as a City to be able to cater for all sectors of the market and Business Homes For You will provide a well managed good quality environment within which small to medium sized firms can occupy good quality space and take occupation quickly.

This adds to the variety of offices that can be made available to Occupiers and can only help us to all collectively seek to work in a manner which brings greater life and vitality into strengthening our central business district”.

The Prince of Wales’ interest in architecture and rural diversification was confirmed during his recent visit to Welbeck Estate in Bassetlaw District.

His Royal Highness and the Duchess of Cornwall made their first ever visit together to the district to see the latest phase in the Welbeck Project, an ambitious plan to create a sustainable community to include creative and media activity as well as the arts, education and rural diversification.

The Prince visited the recently completed £2.1m Carriage Court office development, which provides high quality offices for creative and digital media businesses, followed by a tour of the School of Artisan Food, a world-class institute dedicated to rediscovering the benefits of using local produce with traditional baking, butchery and cheese-making methods.

As well as meeting students from the college, estate workers and directors, the Royal couple will unveil a commemorative plaque to mark their visit.

Robert Mayo, Development Director at the Welbeck Estates Company Limited, said: “We were all honoured and very excited about the royal visit. The Welbeck Project is a unique and ambitious project which will be transformational for the estate, and will bring significant economic and social benefits to Bassetlaw District and the wider East Midlands region”.

“The visit demonstrates their particular interest in the project, which is based upon the Four Pillars of creative and digital business, the arts, rural diversification and education – all of which are close to Prince Charles’ heart”.

“He has a well-known passion for architecture, and we were delighted to show him how we are finding new uses for the many historic and listed buildings on the estate”.

Carriage Court, the 19^th century former carriage house and stable yard is one of the extraordinary model estate buildings built by the fifth Duke of Portland in around 1860, and has been converted to provide state-of-the-art offices.

An inspiring range of businesses are part of the Welbeck Project including the Harley Gallery, Welbeck Farm Shop, the School of Artisan Food and the Welbeck Bakehouse, and a micro-brewery will soon add a new flavour to the mix!

The Welbeck Estate covers more than 15,000 acres of rural North Nottinghamshire and Derbyshire. At its heart stands the historic Welbeck Abbey and Welbeck Village, the site of the Welbeck Project.

For further details on Carriage Court project contact either Laura West at FHP on 0115 8411149, Robert Mayo at Welbeck Estate on 01909 500211, or Tim Bottrill at Knight Frank on 0114 272 9750

Ten Wealth Management Limited have acquired and moved into new premises at the popular Sladen Estates and PMB Holding’s development Poplars Court on Lenton Lane.

Ten Wealth are a firm of Independent Financial Advisers that are committed to providing excellent, personal service to its clients.  The two Principals, Martin Walker and Peter MacPherson recently formed the business by bringing together their respective clients, recognising the benefit of sharing their expertise and experience, and the purchase of the 1,617 sq ft offices at 16 Poplars Court will facilitate the new business going forward.

The purchase was facilitated on behalf of the developers by James Hartley of property consultants FHP who commented:

“Ten Wealth were immediately attracted to the style and quality of fit out on offer at Poplars Court I think it matched the profile of their new company perfectly.  I also think that what really clinched the deal was the fact that Sladen Estates were able to oversee and manage the Ten Wealth fit out prior to them moving in. This meant they could concentrate on their merged companies whilst the potential time and pressure of the fit out works were taken away from them by Sladen Estates.”

Ben Taylor of Sladen Estates further commented:

“We are pleased to welcome Ten Wealth to Poplars Court who join an already impressive list of businesses which extends to IT consultants, graphic designers, accountants and M&E consultants.  What has been particularly appealing to these types of firms in moving to these high quality premises, is that they are able to have a say in the design of a bespoke layout to meet their requirements, but have the benefit of it being managed and delivered by ourselves, thus taking away one of the most time consuming aspects of any office move.

It has also been great for us as we have seen in practice the number of different ways the offices can be partitioned and configured underlining how flexible they are.”

Martin Walker of Ten Wealth commented:

“Being based in Nottingham was important to us, as the majority of our clients are connected in some way to the East Midlands although we do have a small number of connections further afield.  Our clients tend to be ‘high net worth’ individuals, professionals and academics who expect a high level of service.

Poplars Court gave us the opportunity to purchase new office premises where the developers provided scope to customise the property to our specific design, which was very attractive.  The purchase demonstrates our long term commitment to both existing and prospective clients and allows us to develop the business in line with our growth plans.”

This latest sale has capped a busy 6 months for Sladen estates and PMB Holdings at Poplars Court with five deals completing in that timescale.  There are still a few units remaining on the market that can accommodate requirements from 1,383 sq ft up to 3,240 sq ft.  For more information contact James Hartley at FHP 0115 8411148 or joint agent Scott Osborne at Innes England on 0115 924324.

FHP are delighted to announce that they have successfully completed the sale of Unit 3, Alder Court to the Association of Person Injury Lawyers who have purchased the 5,166ft² office for £575,000. 

The Association of Personal Injury Lawyers (APIL) have over 4,700 members and are a not for profit organisation dedicated to changing Law, protecting and enhancing access to justice and improving the services provided for victims and of personal injury for over 20 years.  The purchase will re-house their Head Office function of over 30 dedicated full time staff.

James Hartley of FHP who dealt with the sale commented:

“We were approached  to dispose of this property in late July and have been able to complete the sale to the Association of Personal Injury Lawyers without formally placing the property on the market.  Using our extensive database of freehold requirements and interested parties we approached potential purchasers and from this exercise we had two parties that expressed an interest.  We then successfully took the sale through to a conclusion with the Association of Personal Injury Lawyers who will be moving to these premises from Castle Quay and this will be their new Headquarters within Nottingham.

This deal highlights that in this market using good market knowledge and having a practical approach to disposing of a property a fast and effective deal can be completed.  There are purchasers out there it is just a case of matching the right people to the right property.”

This sale to the Association of Personal Injury Lawyers marks a historical day in terms of their new Nottingham head office as they will be moving from rented property to their own freehold owned property”.

Ted Parsons of the Association of Personal Injury Lawyers further commented:

“We have been reviewing our property position for some time now and we decided to take the plunge and take on a freehold property as a change in strategy for APIL.  We have been discussing options with FHP for some time and when this property came on the market they approached us suggesting that it would be perfect for us and on viewing I had to agree.  The premises offer high quality office space in a pleasant environment along with plentiful parking for our staff and I think will offer a greatly improved environment for all our staff and we are all looking forward to moving in over the Christmas period.”

For further information on this deal please contact James Hartley at FHP.

One of China’s biggest car companies is doubling the size of its research and development operation at the ultra green No.1 Nottingham Science Park with plans to create up to 175 new jobs over the next few years.

Changan, which first moved into the sustainable building in July, has taken an extra 5,000 sq ft of office space in a suite that overlooks University Boulevard.

This is the carmaker’s first UK Research and Development Centre, and it plans to invest £20 million in the operation over the next five years.

Initially employing around 25 people, the company plans to increase this to as many as 200 by 2013. Some of the new recruits are expected to be engineering graduates from Nottingham’s universities, with whom the company is working closely.

Changan uses its suite at No. 1 Nottingham Science Park to research and develop automotive engine and transmission systems for the new generation of Changan’s products, including hybrid and electric cars.

The building was created by specialist regeneration developer Blueprint, and development director John Long said:

 “Nottingham Science park has attracted some of the most innovative and successful firms since we embarked on its extension a few years ago, and it’s a real pleasure to see them excel here and expand. 

“It’s good for the Park, of course, but more importantly it’s good for Nottingham – these businesses are creating sustainable, high quality jobs in large numbers. Now we need to make sure we can accommodate firms like this in the future too in order to remain competitive with other cities in the UK and beyond. That’s something we’re starting to explore at the Science Park.”

Brent Liu, Vice General Manager at Changan UK R&D Centre, said:

“Part of the reason we came to No.1 Nottingham Science Park was because the building has this green and environment friendly idea behind it, and that fits well with Changan’s view of our future development direction and automotive industry trend.”

James Hartley from property consultants FHP further commented: 

"To see Changan doubling in size in such a small period of time is incredibly pleasing and rounds of a great 12 months at No. 1 Nottingham Science where we have seen in excess of 25,000 sq ft of space taken by a number of different companies.  This kind of take up in the past year is testament to the quality of space and product on offer here. No. 1is really helping to put Nottingham on the map as a destination for innovative high tech companies."