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.”

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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.

 

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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.”

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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.

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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.

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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.

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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.

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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”.

Latest News

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”.

Latest News

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”.

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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 19th 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

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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.

Latest News

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.

Latest News

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."  

Latest News

FHP have let yet another unit at Mayfair Court in New Basford just weeks after a letting to a local accountancy and bookkeeping firm.  Secure Serv Security Limited, a company who provide a wide range of manned security services, are the latest tenant to take advantage of the opportunity available at Mayfair Court having expanded from their offices in Arnold.

Mayfair Properties commented:

“The offices provide good quality accommodation with generous off street secure parking in a well maintained estate.  Furthermore, the services to each unit are excellent and independent, this gives prospective occupiers their own front door and a good commercial image.  We feel they provide a lot of building for a budget rent"

Mark Tomlinson, surveyor at FHP added:

“The take-up of these two units quickly follows the refurbishment of the offices.  Occupiers have been impressed with the fit out and as a result their ingoing costs are minimal this all means that prospective tenants can be in occupation and operational very quickly.

The landlord has been keen to explore the requirements of prospective tenants and we have therefore been able to structure deals with great success.  I am looking forward to further success in 2011 and hopefully we can get the site fully occupied.”

For the further information on this deal or for information on the opportunities available at Mayfair Court please contact Mark Tomlinson on 0115 8411134 or email mark@fhp.co.uk.

Latest News

Acting on behalf of Doncaster’s FHP are pleased to confirm the sale of 28-30 Derby Road Melbourne to local design agency The One Off. The former mill is arranged over 3 floors and extends to 5,280ft²

The One Off are a multi-disciplined retail and branding agency with offices in  Melbourne, Derbyshire and Islington, London providing graphic, digital and environment design and implementation services to a wide range of clients including Nokia, ASDA, Barclays and Rolls Royce.

Richard Collier, Creative Partner at The One Off commented,

“We have been located in Melbourne for the last seven years and have out grown our current site. The offices and studio will provide bigger studio space and improved client meeting areas including a new 500sqft state of the art photographic studio for the production of fashion and lifestyle shoots. The renovation work has already started with completion set for April 2011 and we are extremely excited to move into the new space.”

George Dunnicliff, Surveyor at FHP who agreed the sale of the property on behalf of Doncaster Limited commented:-

“It is always pleasing to see such an innovative and dynamic local company expanding and staying so close to where they started. We are delighted to have completed the sale to the One Off and once the property has been renovated we are sure it will provide a striking new home for the company, allowing them to expand. We wish them all the best for the future in their new offices.”

Pictured are George Dunnicliff (FHP), Su Stanley (The One Off), Alison Cockerill (The One Off), Jonathan Sayer (FHP), Richard Collier (The One Off)

To discuss your office requirement or for further information on opportunities in the locality please contact George Dunnicliff or Jonathan Sayer on 01332 343222.

Latest News

FHP are pleased to announce the sale of 29 Bridgford Road, a 4,028ft² office located in a prominent position close to Pizza Express and Caffé Nero, which enable FHP to celebrate another successful deal within the West Bridgford area.

James Hartley of FHP commented:

“The West Bridgford market is really strong at the moment across all sectors of the property market.  We have seen a spate of recent deals all within close proximity to each other.  You just need to look at Bridgford Road itself where you can see this sale completing at nearly £150 per sq ft.  Next door the restaurant Escabeche opened in October where we saw an unprecedented level of interest concluding in a best bids process.

On an industrial front at the popular Nottingham South and Wilford Industrial Estate we have recently completed at 30,000ft² freehold sale.  Not a million miles from here in Edwalton we have also recently completed nearly 10,000ft² of lettings at Wheatcroft Business Park.

Elsewhere a rent review carried out by FHP on Central Avenue saw a 16% increase in rent on the rent agreed 5 years ago.

Focusing on the office sale at 29 Bridgford Road we had a good amount of interest in this property, a substantial amount of this was on a restaurant front, however, we were unsuccessful on planning consent for this use.  Within days of the unsuccessful appeal and the property going back to the market we were still able to go to a best bids situation for an office use.  This demonstrates that there is still a great deal of interest in West Bridgford.”

Roger Leach of The Nottingham Friendly Society, the vendors, commented:

“We were so disappointed to have missed out on the restaurant sale due to planning, however, on the plus side FHP’s excellent advice and strategy meant that were able to go to a best bids situation on an office front within days of the news.  Here we are just a short while later with a completed sale to Kevin Mansworth.  I understand Kevin is planning to occupy part of the building himself and market the rest of the building and wish him all the best in his future business at the site.  Our thanks go out to FHP for their involvement in this property which spanned a number of years both with short term lettings and a disposal strategy.

The sale marks the end of a long chapter in the near 200 year history of the Nottingham Friendly Society.  It was taken over last December by the Manchester based Independent Order of Oddfellows, Manchester Unity Friendly Society, who have taken over the administration of the business formerly based in West Bridgford.”

James Hartley further commented:

“I have dealt with a number of properties in West Bridgford and surrounding areas over the past 6-7 years and through that time it has always performed well, in large part due to its location within an affluent residential area but also because of its proximity to local amenities and accessibility from road and public transport.”

The purchaser,  a private individual, commented:

“I have had my eye on this opportunity for some time and I was disappointed when I heard that building was moving forward for a restaurant use, however, the outcome of the planning appeal gave me a second opportunity to purchase this building and I was happy to jump at it.  It is my intention to occupy part of the building with a number of different firms that I am currently working with and it is also my intention to let some vacant space out within the property. 

I think West Bridgford is an excellent area to be purchasing property of any kind in and I expect to see this building performing extremely well in the future and I would like to thank everyone at the Nottingham Friendly Society and FHP for their help in concluding this successful transaction.”

If you require any further information please contact James Hartley at Fisher Hargreaves Proctor on 0115 9507577.

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Chartered Surveyors, Fisher Hargreaves Proctor acting on behalf of private clients have completed the letting of 3 Key Point Office Village, Nix’s Hill, Alfreton to the MPS Group. The MPS Group have taken a new three year lease of the two storey office property extending to 1,954ft². 

The MPS Group operate a wide range of businesses from Care Homes to the Aviation industry and will use the offices as their new Headquarters. 

Jonathan Sayer completed the letting on behalf of the Landlord commented:-

We are very pleased to have completed the letting to the MPS Group and wish them all the best in their new home.  Both the location of the modern office and the fact that they were fitted out assisted in the letting process and meant that the MPS Group now has the room they need to further expand their existing business interests..”

For further details on office opportunities in the Derbyshire area please contact Jonathan Sayer at Fisher Hargreaves Proctor on 01332 343 222.

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Acting on behalf of B&K Thomas (Holdings) Limited FHP are delighted to announce the letting of 3,600 sq ft within Studio House on Mount Street in New Basford to Native Clothing Designs Limited.

Studio House offers a range of offices and studio space within an attractive period office building with designated car parking.  Suites are available from circa 500 sq ft up to 10,000 sq ft

Mark Tomlinson of Fisher Hargreaves Proctor commented:-

“Native Clothing were looking to expand their business and had been in the market for some time. Studio House was in the right location, offered the right quality of internal accommodation and we were able to meet their budget.

Occupation levels within the building have remained fairly low since Djanogly College vacated the premises but following a proactive marketing campaign and the pragmatic approach of the Landlord we are very pleased to have secured this letting which will breathe new life into the building.”

For further information on the opportunities still available at Studio House please contact Mark Tomlinson on 0115 9507577 or mark@fhp.co.uk.

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Acting on behalf of Si-Si investments, Tim Gilbertson, Partner of Fisher Hargreaves Proctor has recently concluded the letting of ground floor office accommodation at Phoenix House in Mansfield.  The deal secured sees the retention of W S Atkins in the premises for the foreseeable future, providing them with high quality Grade A office space on the fringe of Mansfield. 

As a result of the transaction, the first floor offices are now available to rent, offering prime space with the benefit of a specification including raised floors and air conditioning throughout together with extensive on-site parking. 

Tim Gilbertson who dealt with the transaction, commented:

“As a result of our negotiation with W S Atkins through their agent Phil Quiggin at Lambert Smith Hampton, we were able to agree quickly a sensible deal for their occupation of the ground floor which also freed up space on the first floor of the building which we have now been instructed to market.

This building always performs well as a result of its high calibre specification, fringe of town centre location and superb specification.  It is one of the few buildings in existence close to the centre of Mansfield which offers open plan, high quality, air conditioned Grade A space.

We were sure that even in these difficult market conditions that interest will be good from day one of our marketing campaign and therefore I urge any potentially interested parties to contact us to arrange to view and discuss without delay.”

Paul Simon of Si-Si Investments commented:

“We are pleased to further the excellent relationship we have with our tenant, W S Atkins.  I am confident that the remaining first floor space will now let quickly given the quality of these offices and our flexible approach.”

For more information on the deal or more pertinently the availability of the first floor space at this superb building then please contact Tim Gilbertson at FHP on 0115 9507577. 

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Fisher Hargreaves Proctor has been instructed to market No 3 Key Point Office Village, Nix’s Hill, Alfreton.  The good quality offices provide a open plan accommodation with an element of partitioned meeting space and are arranged over two floors and extend to 181m² (1,954ft²) with excellent car parking facilities set in an attractive office campus.

The Key Point Office Village is situated adjacent to the A38 dual carriageway and as such offers excellent access to the M1 Motorway at Junction 28 to the North, Derby to the South West and Nottingham to the South East.  The offices are available by way of a new flexible lease on competitive terms with incentives available subject to lease terms and covenant strength.

Jonathan Sayer of Chartered Surveyors Fisher Hargreaves Proctor commented:-

The offices are ideal for those occupiers who are seeking a good quality, modern office at a competitive price. The offices are well located affording excellent access to the main road network including the A38 and M1 whilst being in convenient access to Alfreton Town Centre and the local amenities the town offers.”

For further details of this property please contact Jonathan Sayer on 01332 343222 or Alastair Fearn on 0115 9507577.

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The latest occupier to Ash Tree Court, Nottingham Business Park is Atlantic Link who have taken a new lease on Unit G6 Ash Tree Court which extends to 2,060ft².  The unit is entirely self contained set over two floors providing Atlantic Link with a perfect mixture of:-

 

 

 

  • ¨ Open plan working space
  • ¨ Meeting area
  • ¨ Break out area

The deal was agreed on behalf of Wilson Bowden Developments by Alastair Fearn of Fisher Hargreaves Proctor at a rental equating to £17.50 per ft².  The arrival of Atlantic Link to Ash Tree Court means that Block G is now over half occupied with only 3 units remaining.

Atlantic Link are a specialist e Learning Software Developer and agreed to occupy the space at Ash Tree Court primarily because of the high speed internet connection available.  Tony Eddington of Atlantic Link commented:-

“Whilst the building itself and location are ideal for us the key to us taking occupation was the high speed internet connection that is now provided which is absolutely crucial for us.

It is an exciting time for Atlantic Link at the moment having entered into a new partnership with Catapult Venture Managers.  Ash Tree Court now provides us with the perfect base to build on this”.

Robert Grafton of Wilson Bowden Developments added:-

“We are sure that Atlantic Link will compliment the existing Tenant mix at Ash Tree Court and Nottingham Business Park itself and we are pleased to have them on board.

To have over half of Block G now occupied is great news for Ash Tree Court and we hope to be announcing the arrival of two other occupiers in the near future.”

Alastair Fearn of FHP noted:-

“Following a slow initial take up in units at Ash Tree Court a more flexible approach from Wilson Bowden in regard to lease lengths and freehold capital values has resulted in growing interest from a number of occupiers on both a freehold and leasehold basis.

This latest letting and the interest we currently have illustrates that even in difficult economic times there is still demand for high quality premises in an excellent location.”

There are still a number of units available at Ash Tree Court in sizes from 1,800ft² up to 2,500ft² on both leasehold and freehold basis.

For further information on availability at Ash Tree Court please contact Alastair Fearn at FHP on 0115 9507577.  For further information on Atlantic Link please visit www.atlantic-link.co.uk.

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Fisher Hargreaves Proctor, acting as sole agents, have secured Instant Cash Loans Limited as a tenant on the ground floor suite at Unit 15, Castle Bridge Office Village, Castle Marina, Nottingham.

Instant Cash Loans have taken a 7 year lease on the 1,211ft² office with 6 car parking spaces.

James Hartley, Surveyor of Fisher Hargreaves Proctor commented:

“It was good to see the letting achieved at Castle Bridge Office Village.  I think this letting shows that there are still people out there willing to take space on and in particular we found that there has been a good level of interest in the sub 2,000ft² sector at the moment.

I think that potential tenants are seeing that there are some fantastic offers available in both the rental and freehold market at the moment and this has led to a number of enquires either resurfacing or coming to us fresh.  We are certainly starting to see our enquires and number of viewings increase which is a good sign given all the doom and gloom in the press at the moment.

In terms of Castle Bridge itself we are delighted to have secured a 7 year lease to such a high calibre of tenant with a presence already on the park.  It is especially pleasing when you consider this a company who are able to grow and prosper under the current economic climate.

Office Parks close to Nottingham City Centre such as Castle Bridge can provide excellent savings for occupiers particularly when you account for the generous parking provision that is often on offer with these types of schemes.

This letting comes off the back of a number of recent lettings throughout Nottingham by Fisher Hargreaves Proctor to all different size ranges and it just goes to show that given a flexible and open minded approach from landlords there is the ability to achieve successful lettings at the moment.”

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

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Acting on behalf of Rectory Road Properties, Tim Gilbertson BSc (Hons) MRICS Partner of Fisher Hargreaves Proctor has recently concluded the letting of superbly presented refurbished office accommodation close to the centre of West Bridgford.

The deal was concluded after marketing created good levels of interest from day one which, bearing in mind the superb presentation and excellent location close to the centre of West Bridgford was not surprising.

Offering well proportioned, but most importantly excellently presented space, the deal concluded suits both landlord and tenant providing income for three years for our client at a time when any leases are hard to conclude.

Dick Edwards of Rectory Road Properties commented:

“We are delighted to have secured new tenants of our property at 25 Rectory Road.  Throughout the refurbishment and letting programme we have been excellently advised by Tim Gilbertson of Fisher Hargreaves Proctor both as to the nature of the works required and also the rent levels achievable which have been met.”

Tim Gilbertson who dealt with the letting commented:

“Whilst we still have some premises available in West Bridgford, the location still continues to be a very much sought after area with its excellent local facilities and transport links into the centre of Nottingham.

This deal was pleasing to see concluded as it reflects our client’s hard efforts to present the building in the best possible condition which is of paramount importance in this difficult market.

This advice cannot be over emphasised to any clients as presentation really is key in these testing times for any property to be let or sold.”

For further information to see how FHP can help you with your property please contact the team on 0115 950 7577.

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Acting on behalf of private clients, Fisher Hargreaves Proctor have the pleasure of confirming that they have now successfully filled 23 Regent Street.

You may have noted that only recently Fisher Hargreaves Proctor were able to report three lettings towards the back end of 2008 and we can now confirm a two further lettings within the five storey period office.

James Hartley, Surveyor at Fisher Hargreaves Proctor was pleased to comment:

“We were previously offering this building as whole at 2,069ft² and were finding that both the competition within this size range and the levels of demand within Nottingham in general were making interest in the property hard to come by.  There was no real reason for this as the clients did a fantastic job on the refurbishment.

Due to the cellular nature of the five storey period building we decided to offer the property on a floor by floor basis.  Following that decision we have now been able to fully let the space within 6 months.

The final two floors of this high quality refurbishment were let to SMSK who expanded from their existing space as well as Nottingham and London Estates who relocated from elsewhere within Nottingham City Centre.

I think this development has been so successful due to the high level of refurbishment offered within the building.  This was able to give small companies/occupiers a smart image, at an affordable price, with parking, within a sought after NG1 professional location”

For further information on the lettings for if you are interested in similar space within Nottingham City Centre please contact James Hartley of Fisher Hargreaves Proctor on 0115 9507577.

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Fisher Hargreaves Proctor acting as sole agents have secured the British Red Cross as tenants at Unit C, King Edward Court in Nottingham.

The Red Cross have taken a 10 year lease on the 1,830ft² self contained office with eight car parking spaces.

James Hartley, Surveyor at Fisher Hargreaves Proctor commented:

“This deal has been extremely pleasing although it did take some time for both sides to agree and finally complete the deal due to the complicated nature of dilapidations and refurbishment within the building.  Securing a tenant of the calibre of The British Red Cross is highly satisfying and great news for both ourselves and the client and is another sign that a good product and flexible approach by a landlord is able to attract a good quality tenant for a long period of time, even within this highly publicised credit crunch.”

This letting comes on the back of a number of recent lettings throughout Nottingham by Fisher Hargreaves Proctor at all different size ranges and just goes to show that there are leads out there that can develop into successful lettings.”

James Thornton of, Mayfair Capital, the landlords, commented:

“It has been excellent for us to secure a 10 year lease to a tenant of the calibre of The Red Cross is fantastic news for us.

The office needed a large level of refurbishment and we were happy to work with The Red Cross in order to achieve exactly what they wanted.  In return for this we have a long guaranteed term within the building.

We had only had this property on the market for a few months when we were able to secure this interest from The Red Cross.  I think being able to offer as many as eight parking spaces within Nottingham City Centre is very attractive for any user.

We are delighted to have completed this lease with a company who had viewed within a month of the property coming to the market.”

This leaves Mayfair Capital with Regent House on Clinton Avenue in Nottingham.  This is a 3,735ft² Grade A, quality office with extensive parking.  This is a rare opportunity to secure a well presented, high specification office on the fringe of Nottingham City Centre.

If you would like any further information on this letting or any other property within Nottingham City Centre then please do not hesitate to contact James Hartley of Fisher Hargreaves Proctor on 0115 9507577.

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Fisher Hargreaves Proctor are delighted announce they have successfully completed the letting of a second floor office suite of 1,147ft² within Enfield Chambers on Low Pavement in Nottingham City Centre.

The new tenants are Kick Start Media who are as the name suggests a media training company for people wishing to get into television and media.  Kick Start Media have committed to a 3 year lease at a rent of £14,000 per annum exclusive.

James Hartley, surveyor at Fisher Hargreaves Proctor commented:

“We are delighted to have completed this second letting and so quickly to Kick Start Media.  They viewed the property on the 16 December and the lease was completed by Christmas.  

This sort of timescale is virtually unheard of and everyone concerned was extremely keen to see this deal completed as swiftly as possible. 

This means that there is only one floor of 1,125ft² available in Enfield Chambers.”

A spokesperson for Cubic Property Holdings, the landlord commented:

“We are delighted to have completed such a swift letting to Kick Start Media.  Everybody involved really wanted to see this deal completed as soon as possible and with that kind of energy behind the deal we were able to do so successfully.”

This leaves us only one floor of office space left within Enfield Chambers.  We are proud of this high quality refurbishment within such a landmark period building within Nottingham City Centre.”

This letting comes on the back of a previously successful letting to Education for the Children in August 2008 and shows that quality refurbishments such as Enfield Chambers are still able to attract interest even within this highly publicised credit crunch. 

If you would like any further information on the lettings or Enfield Chambers themselves, then please contact James Hartley of Fisher Hargreaves Proctor, or their joint agent HEB.

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Acting on behalf of Langham Park Developments, Tim Gilberston of Fisher Hargreaves Proctor in conjunction with joint agents NG Nattrass Giles and Salloways has completed the letting of the last unit in the small office development.

The office has been let on a ten year lease without break to expanding local company Mobifon to enable their plan to grow and expand in the area.

The deal concluded sees the disposal of the final unit on the site after previous success with Langham Park onwardly looking for new industrial and office opportunities throughout the region.

Tim Gilbertson who dealt with the letting commented:

“It was a pleasure to see this deal over the line and equally pleasurable to deal with the ingoing tenants.

After having sold the adjoining two units it was a pleasure to complete a leasehold disposal of the final building and we wish both our clients and the new occupiers of the building well, for a property which I am sure will serve them particularly well for the future.”

For further information of this transaction please contact Tim Gilbertson at Fisher Hargreaves Proctor on 0115 9507577.

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Fisher Hargreaves Proctor, acting on behalf of Braemore Group, have completed the fourth and final letting at Ashbourne House (winner of Best Regeneration Project at the recent Nottingham Evening Post Commercial Property Awards).

The letting is to GPS Construction and is a 3 year lease on the lower ground floor suite of 1,225ft².

James Hartley of Fisher Hargreaves Proctor commented:

“This is fantastic news particularly given all the bad press at the moment.  To see a building of such high calibre fully let in just the 5 months that Fisher Hargreaves Proctor have been involved really does go to show that given the right marketing and calibre of property there are property deals to be done.”

James Hartley went on to further comment:

“I am sure that the success of this property is in large due to Braemore’s expertise and flair in producing and developing such an award winning building.  Few commercial properties of this scale offer the technological and IT solutions available at Ashbourne House and because the design specification and attention to detail are second to none it is not surprising that the interest in this period property has been outperforming others within the market.

We have spent a good deal of time in the past couple of years with GPS Construction, helping them to find a product that will suit their needs.  It appears that this letting on Ashbourne House is a step in the right direction for them.”

Ashbourne house is a four storey regency building which has been sensitively restored to its former glory.  This high quality office accommodation combines period style with modern efficiency to create outstanding open plan working environments. 

All the suites within the building benefit from comfort cooling, keyless access, raised floors, preinstalled cabling, LG7 Lighting and a bespoke fitted kitchen with granite work services.  All this is within a secure gated compound with car parking.

Oliver Wheatcroft at Braemore Group commented:

“Ashbourne House was purchased in 2006 and we felt that given the building had been disused since 1998 it was important to restore and make benefit of its obvious character and standing.  A great deal of time and imagination has gone into retaining the integrity of the building and many original features have been restored to their former splendor whilst at the same time ensuring that the building meets the needs of todays modern office requirements and demands such as double glazing, security shutters and comfort cooling.

We have in fact decided to keep one of the floors as our UK Head Office and as such it was essential for us to ensure that the interior design and finish of the building mirrored the high level of style and quality that we expect and produce within our hotels and residential developments overseas.”

Adam Smith of GPS Construction added:

“We are delighted to have completed this lease, the space is absolutely ideal for us.  The Braemore Group and Fisher Hargreaves Proctor have been very supportive during our latest office search.  Ashbourne House is ideal for us given the high quality of office accommodation and its location to the north of Nottingham City Centre means that we are able to access our key sites and clients quickly and easily. 

I truly believe that the interior design and specification is unrivaled, certainly when compared to the other office schemes which we have viewed within Nottingham and now that the lease is signed I can’t wait to get moved it.”

This means that all floors of Ashbourne House have been successfully let following on from the previous letting to the Confederation of British Industry and the Bistro Pierre Restaurant Head Office. 

Should you require any further information on Ashbourne House or any of the lettings within the building then please contact James Hartley at Fisher Hargreaves Proctor on 0115 9507577 or their joint agents Innes England.

Latest News

Fisher Hargreaves Proctor are delighted to have been instructed as joint agents on the marketing of Wheatcroft Business Park on Landmere Lane in Edwalton, Nottingham.

This well established business park which already boasts occupiers such as ADT and Balfour Kilpatrick offers Grade A standard office accommodation within a mature landscaped business park setting along with extensive car parking.

Wheatcroft Business Park is extremely well located being situated on the Wheatcroft roundabout on the Nottingham Ring Road (A52) which gives excellent access to both Nottingham City Centre and onwardly to the M1 Motorway.

James Hartley, Surveyor at Fisher Hargreaves Proctor commented:

“We are delighted to have been brought on as joint agents on Wheatcroft Business Park.  There are currently three units immediately available here and we are able to accommodate requirements from approximately 3,000ft² up to 15,000ft².

I think this park will be extremely popular due to its well kept landscaped areas and extensive parking.  Not only this but the location on the Ring Road at Edwalton is ideal for access to both Nottingham City Centre and the M1 as well as East Midlands Airport and other vital transport links. 

We are expecting a good level of interest in these offices and our client is willing to be flexible towards tenants in terms of lease length and incentives offered.”

Chris Wheatcroft of Wheatcroft Property Limited commented:

“I am delighted to appoint Fisher Hargreaves Proctor to market this property along with Geo Hallam and we are currently undertaking an extensive refurbishment of all the offices available which means we are able to offer a Grade A fit out. 

I truly believe this Business Park is second to none in terms of its landscaping and car parking on offer which is reflected in the high standard of occupiers within the Business Park already.

Most people in Nottingham know the location due to the garden centre and commonly known Wheatcroft Roundabout and they will therefore know just how good the transport links are from this Business Park.  It will not only appeal to local users but also national and international users as it gives such good access to the M1 and areas such as the East Midlands Airport.”

For further information please contact James Hartley at Fisher Hargreaves Proctor on 0115 9507577.

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