The fantastic ‘loft-style’ Fourth Floor office at the popular 34 Stoney Street has been let in a deal brokered by Thomas Szymkiw, office agent at FHP Property Consultants.

The circa 1,400 sq ft suite provides Budgeting Solutions a unique opportunity to acquire a high quality fully refurbished space within the roof eaves of this historic Grade II former Lace Mill.  The refurbishment included a full strip out with the installation of LED lighting, heating and cooling system, brand new kitchenette, WC’s and some really clever glass partition work between the roof trusses to create independent meeting spaces.

Thomas Szymkiw, Associate Director at FHP commented:

“This letting completes the final piece of the jigsaw for our clients who from acquisition of the property have undertaken a full and substantial refurbishment – sympathetically looking after its historic and period features whilst modernising the internal suites to the new tenants exacting specifications.

It just goes to show that in the current market occupiers are demanding quality and when this is delivered – fantastic results will follow.

It’s great news for the Lace Market office scene to have this building now fully let and I wish Paul at Budgeting Solutions and all the tenants the best of luck for the future.”

Paul Bavington, of Budgeting Solutions commented:

It’s been great working with Thomas/FHP on structuring the right deal with the landlord and being involved in specifying the fit out to ensure we created a workspace designed for hybrid working.

As a fast growing technology business, this space will enable colleagues and clients alike to embrace true digital working patterns.”

For further information on the Nottingham office market, or to discuss your requirements please give Thomas Szymkiw a call on 07896 035 805 or thomas@fhp.co.uk.

FHP Property Consultants are delighted to announce the completion of the First Floor offices at 12 Pride Point, Pride Park, Derby, DE24 8DX.

12 Pride Point is situated on Pride Park and benefits from excellent connections to the A52 and Derby City Centre.   Pride Park is a Derby’s premier business address with over 10,000 people working on the park every day.

The property comprises a modern first floor office suite measuring 151m² (1,623ft²). The accommodation benefits from an existing fit out providing open plan office space with meeting rooms and a staff break out area.

This office has been let out on a new lease period of 5 years at a rent equating to £10.50ft².

Jamie Gilbertson, Surveyor at FHP Property Consultants comments:

“I am delighted to have completed this letting and I wish the tenants every success.  There is still good demand for quality office space in Derby particularly on Pride Park.  It is also pleasing to see that companies are increasingly working from the office to boost collaboration and improve staff development.”

For further information, please contact Jamie Gilbertson on 07398 443828 or jamie.gilbertson@fhp.co.uk.

ENDS

October 2022

Acting on behalf of private clients, FHP have concluded the sale of Wyvern House on Phoenix Business Park, a detached 12,000 sq ft office building which was previously occupied by Eon prior to their rationalisation on the park.  The property has been sold to The Winners Chapel, a church group, predominately for office and administrative functions of the organisation which operates nationwide with ten branches in the UK to date.

The property was sold at a price of £1,450,000 and will now undergo a substantial refurbishment to provide modern office spaces and an open congregational hall area on part of the ground floor.

Mark Tomlinson, Director at FHP, who concluded the sale on behalf of the sellers commented:

“We are very pleased to have completed this sale which will hopefully breathe new life into this part of Phoenix Business Park which had suffered from reduced occupancy levels since the Coronavirus Pandemic.

 We are delighted to see that many of the occupiers within Phoenix Place are now returning to the office and this deal, alongside other projects we are working on in the business park will bring Phoenix Place back to full occupancy, which is very pleasing to see.”

Savills were joint selling agents on the deal.

FHP are pleased to confirm another successful transaction on Eldon Business Park, following the previous acquisition of Unit 32. The sale of Unit 31 has now been completed to Green Control Systems Heating Ventilation and Air Conditioning Ltd, a local occupier who was on the search for a new office home. The interest in the unit was strong and we managed to receive several credible offers.

The unit comprised 1,545ft² of office accommodation across two floors with a mixture of both cellular and open plan office space. The property also benefits from several car parking spaces to the front and offers good accessibility to Nottingham City Centre, Beeston Town Centre and the A52, J25 of the M1.

Amy Howard of FHP’s Agency Department commented:

“It is great to see the deal complete on Unit 31, with the property being previously under offer to another party, it was reassurance for all getting the property back under offer again so quickly.

Eldon Business Park provides good quality office units, situated in a prominent location which provided a perfect opportunity for owner occupiers or local investors and resulted in a high level of interest on the unit. These out-of-town business parks are still showing strong activity throughout Q3 2022, with FHP already achieving three deals on Eldon this year. The generous amount of car parking spaces available on these parks makes it an attractive alternative to city centre locations.

If you are interested in selling or renting your property, please feel free to contact me on 07887 787 894, or alternatively you can email me at amy.howard@fhp.co.uk.”

ENDS

19 October 2022

FHP Property Consultants are delighted to bring to the market Unit 20, The Village which is located approximately 0.5 miles east of Junction 28 of the M1 via the A38 dual carriageway offering excellent road access throughout the Midlands and UK.

The property comprises of modern ground floor office space of 96m² (1,035ft²) with on-site security.  The building benefits from a large open plan office with air conditioning fitted throughout and a fully fitted kitchenette and WCs.

Corbin Archer and Jamie Gilbertson at FHP Property Consultants commented:

“We are pleased to bring this unit to the market and are looking forward to speaking to potential new tenants. This office is open plan offering a collaborative workspace with the option of creating multiple working destinations, minutes from Junction 28 of the M1. The building also benefits from being on an office development park within close proximity to East Midlands Designer Outlet Village. If you are interested in this property and would like to arrange a viewing, feel free to contact us.”

For further information, please contact Corbin Archer (07929 716 330/ corbin.archer@fhp.co.uk) or Jamie Gilbertson  (07398 443 828/ jamie.gilbertson@fhp.co.uk) of FHP Property Consultants.

ENDS

October 2022

FHP Property Consultants are delighted to announce the letting of 38 Royal Scot Road, Pride Park, Derby DE23 8AJ.

38 Royal Scott Road benefits from excellent connections to the M1 and East Midlands Airport via the A50 and A52. The location on Pride Park provides excellent links into Derby City Centre as well as a host of local amenities.  Pride Park is Derby’s premier business address and has over 10,000 people working on the park each day.

The property forms part of a hybrid style unit and comprises of modern first floor office accommodation with a ground floor entrance, meeting room and reception area.  The offices are ready for immediate occupation and benefit from on site parking for 6 cars.

The offices have been let on new lease terms for a period of 5 years at a rent equating to £11.55 per sq ft.

Jamie Gilbertson, Surveyor at FHP Property Consultants comments:

“I am delighted to have completed this letting and I wish the tenant well in their new offices.  There is still demand in the market for small conventional office space and this is a great example of that.  Of the businesses I am speaking with on a daily basis, they all require clean and creative space which is ready for occupation as soon as possible.  It’s pleasing to see companies are moving back into the office and away from 5 days a week of “home working”.

For further information, please contact Jamie Gilbertson of FHP Property Consultants on (07398 443 828/ jamie.gilbertson@fhp.co.uk).

ENDS

October 2022

Granite House at Watermead Business Park is due to undergo a substantial transformation following its recent acquisition by Boundary Real Estate Partners (BREP).  The building provides a 50,000 sq ft office building set on a large car park with some of the highest parking provision provided within the East Midlands region at a ratio of 1:147 and is outside of the parking levy zone.  The new owners have started work to reposition the building within the marketplace to provide a ‘best in class opportunity’ to meet occupier demand.  The plans include a substantial refurbishment of the reception to create a new full height entrance area with feature staircase, full refurbishment of the welfare facilities and with the installation of showers.  The landscaping will be improved to create a leisure area incorporating bike storage, outdoor seating and break out areas.

New owners, BREP, are particularly focused on the ESG credentials of the building and, through the refurbishment works, are targeting EPC B rating, over and above minimum standards for 2025 and beyond.  The asset will also be future proofed for electric car charging with the installation of EV charging points.

Working alongside Leicester County Council’s Sustainable Travel Coordinator, the owners are seeking to secure Modeshift accreditation and are now trialling the use of e-bikes encouraging occupiers of the scheme to get the most out of the amenities provided by Thurmaston Retail Park and the use of Watermead Country Park.

Agents, FHP and CBRE have commenced marketing of the first floor office space within the building which provides some 24,863 sq ft of Grade A space on a single floorplate, the largest single available floorplate within Leicester.

Mark Tomlinson, Director at FHP commented:

“We have seen a drive towards quality among occupiers with a particular focus on lifestyle and wellbeing alongside continued focus on energy efficiency and it is important that the regional office market delivers office buildings to cater for these requirements.  These are exciting plans for the building, many of which are unrivalled within the Leicester market.”

Michelle Mills, Director at CBRE commented:

“The Leicester office market remains undersupplied with Grade A options for corporate occupiers looking to change the way in which they work going forwards. Granite House will deliver one of the premium options within the City.”

There are a number of discussions underway with prospective occupiers.  For more information on the scheme, please contact Mark Tomlinson at FHP or Michelle Mills at CBRE.

FHP are delighted to bring to market this Grade II listed building positioned on Market Place.  Southwell is a popular market town and is anchored by their Southwell Minster and a plethora of nearby amenities. The property benefits from good access and is a short walk to a mixture of retail and leisure shops and restaurants.

The property comprises 1,061 sq ft of office accommodation across three floors with a generous yard space to the rear of the property.  The building is available with vacant possession and at an asking price of £240,000 or by way of lease at £17,000 per annum.

Amy Howard of FHP Property Consultants commented:

‘It is great to bring this rare opportunity to the market and have an FHP presence in the market town of Southwell.  I am excited to work on this sale and I imagine that we will receive high interest.  The property is the perfect fit for an owner occupier and also provides an excellent opportunity for residential redevelopment (STP).”

If you are interested in the property, please feel free to contact me on 07887 787 894, alternatively you can email me at amy.howard@fhp.co.uk.

Upon the instructions of Henry Brothers Ltd, FHP Property Consultants are delighted to have acquired Unit 32 Eldon Road in Chilwell.

The 3,044ft² office building provides fully refurbished accommodation over two floors – of which Henry Brothers are now subjecting to a high specification fit out, providing not just office space but also bespoke meeting spaces and break out areas.

There is also a substantial car parking provision to the front with the location easily accessible to Beeston Town Centre, the M1 Motorway and Nottingham City Centre.

Thomas Szymkiw, of FHP’s Agency Department commented:

“Henry Brothers contacted us with a specific requirement for a certain type of office building that would be suitable for their needs going forward. 

After initially undertaking an extensive search of availability on the market and providing recommendations on the options – it was clear that 32 Eldon Road was the front runner. 

We subsequently managed to get the transaction completed within a swift timeframe – resulting in a smooth transition for Henry Brothers.

I would therefore be delighted to hear from any other occupiers who are looking to move office premises to see how we can also be of assistance.”

Ian Taylor, Director of Henry Brothers commented:

“This is the second time that we have engaged FHP to find an office for us. They were involved when we launched the business in the East Midlands 8 years ago and due to our continued growth in the Midlands we returned to them to find a more suitable office for our expanding team. 

I’m pleased to say they worked tirelessly to offer up options, show us round the market and then hone in on a short list of viable offices.”

For further information on this acquisition, or to speak with FHP in regards to your office requirements going forward – please do not hesitate to contact Thomas Szymkiw on 07896 035 805 or thomas@fhp.co.uk.

FHP Property Consultants are delighted to announce the letting of Suite GA at Pentagon House, Sir Frank Whittle Road, Derby to Wowcher.

Pentagon House is a landmark multi tenanted office building providing high quality modern accommodation across four floors.  The building benefits from a staffed reception, air conditioning and excellent on site parking with a ratio of 1 space per 200ft².

Wowcher have taken a new 5 year lease on a ground floor suite measuring 3,919ft².

Darran Severn, Director at FHP Property Consultants comments:

“It was a pleasure to deal with Wowcher.  We first discussed an office relocation with them back in 2021 and it is great to have now found them suitable accommodation.   There has been significant investment in the building recently and it really shows.  The modern reception leads to newly refurbished open plan office space which benefits from showers and individual WC’s.

In addition to the Wowcher letting, a 786ft² pavilion suite has been let to Dovedale Logistics and another entire wing is under offer of which we hope to release further details shortly.  There are still suites available within the building starting from 3,747ft² and if you would like to take a look, then please do get in touch.”

Mark Roberts of Loxton Developments who own the property commented:-

“Pentagon House is one of the most prominent office buildings in Derby city centre overlooking Derbyshire County Cricket ground.  The suites are refurbished with kitchens and data cabling so ready to occupy now with minimum fit out required.

With an EPC of B the building is very energy efficient which is increasingly important to tenants.

We are delighted to welcome some new tenants to the building which previously has been occupied by Alstom, Citi and Balfour Beatty.”

Innes England acted as joint agents.

For further information or to arrange a viewing please contact Darran Severn on 07917 460031 / darran@fhp.co.uk or Corbin Archer on 07929 716330 / corbin.archer@fhp.co.uk.

August 2022

ENDS

I joined FHP during the summer in 2022 whilst completing my Masters Degree in Real Estate at Nottingham Trent University which I gained a Distinction in. Prior to this I gained work experience at Carter Jonas in Birmingham and I graduated from the University of Nottingham with a 2:1 in History.

FHP are delighted to confirm that Nexus Multi Academy Trust have secured a unit on Broadfield Court, Sheffield.  The established company, specialising in teaching support will be a great asset to the business park and provide further diversity.  The unit comprises 1,895 sq ft and is situated just south of Sheffield City Centre, providing great access links for the Academy.

Amy Howard, of FHP’s Office Department commented:

“With the property being situated in Sheffield, it was certainly new territory being predominantly based in Nottingham, that being said the traction received on this unit remained strong and we received several offers.

 It is great to see this deal cross the line and within such a quick timeframe.  The Academy’s goal was to complete within a month of being under offer, the consistency and focus from both parties allowed this to happen.  It has been a pleasure to work on this deal and I wish Nexus Multi Academy Trust all the best at Broadfield Court”.

If you are looking to dispose of a freehold / leasehold office unit within Sheffield, please feel free to call me on 07887 787 894, alternatively you can email at amy.howard@fhp.co.uk.

FHP Property Consultants are pleased to confirm the letting of The Barn, Main Street, Kings Newton, Derbyshire, DE73 8BX.  The Barn is situated within the Kings Newton Hall Estate in the village of Kings Newton and comprises a two storey Grade II listed property that has been converted to use as an office building.

The property has been let on new lease terms for a period of 10 years at a rent of £18,000 per annum.

Darran Severn of FHP Property Consultants comments:

“This is a really unique office building set within the countryside but also has excellent connectivity  via the A50 and A38.  I am pleased to confirm we have secured this letting within a matter of months and both our client and the new tenant are extremely happy with the result. 

There has been good activity within the office market over the last 12 months across Derbyshire and it is clear that businesses are seeking higher quality accommodation which is accessible and close to amenities.”

For further information on the letting please contact Darran Severn on 07917 460031 / darran@fhp.co.uk.

August 2022

ENDS

Law firm Potter Clarkson is moving to new offices in the heart of Nottingham city centre. The intellectual property specialist has signed a 10 year lease for 16,000 sq ft at Chapel Quarter.

Potter Clarkson plans to move in next January after refurbishment works have been completed.

The office space will be stripped back to a shell, fully refurbished and fitted out as Grade A offices by Claremont Group Interiors, with an element of the cost being funded by the landlord.

Steve Smith, Managing Partner of the Potter Clarkson group, said:

“We are excited by the opportunity to design and develop a new working environment that supports greater flexibility and productivity – something that is tailor-made for our staff and clients.

Our new office will provide the highest quality environment to meet the new and future needs of our business, ensuring that Nottingham remains the beating heart of our firm.”

The lease negotiations were overseen throughout by Roger Davis of Geo Hallam & Sons and supported by Freeths.

Mark Tomlinson, Director at FHP, brought forwards the occupier interest and acted on behalf of the Tenant in the surrender negotiations.

Additional support was provided by Oval Real Estate, as advisers to the landlord.

It is rare that a freehold period office building comes to market and we are therefore delighted to have received instructions to sell Thiskey House on St James Terrace – a fine example of a three storey Georgian former townhouse located in the heart of Nottingham’s prestigious Professional Quarter.

The building itself retains much of its original charm – with tiled flooring to the entrance hall, staircase, fireplaces throughout and even the original stove (although we are not sure this is still useable for cooking!)  Additionally, there is a delightful courtyard style garden to the rear. Perfect for any office occupier looking to purchase their own building in a great spot in the city centre close to shops, bars and restaurants – there could also be the potential for residential conversion to either one dwelling or apartments (subject to planning).

Interest in the property is therefore sure to be high and we would welcome any interested parties to get in touch to discuss the opportunity further. For more information, please do not hesitate to contact Thomas Szymkiw of FHP’s Office Team on 07896 035 805 or thomas@fhp.co.uk.

FHP Property Consultants, on behalf of clients are delighted to have completed the letting of 10 Colwick Quays to Cellomatics Biosciences Ltd.

The building provides circa 5,000ft² of modern office accommodation over two floors, that recently has been fully refurbished by the current owners and benefits from a substantial car parking provision. Cellomatics, with the help of APSS Ltd have themselves now undertaken a transformational refurbishment internally that provides high specification laboratory and office accommodation.

Thomas Szymkiw of FHP’s Office Team commented:

“Cellomatics were a pleasure to work with from start to finish and I am therefore very pleased that we have been able to accommodate them at 10 Colwick Quays. 

The building provides purpose built accommodation that has now been subjected to a state of the art fit out that suits their needs perfectly going forward and I wish them the best of luck for the future. 

It just goes to show that the office market is still very much alive and kicking and I would be delighted to assist any other companies who are also in the market.”

Stuart Gibson, Finance Director of Cellomatics Biosciences Ltd:

“The new building provides us with the space to accommodate our growth plans and the team are really enjoying their new working environment. 

Thomas was extremely helpful and professional to deal with throughout the whole process from the first interactions through to completion.”   

For further information on this letting, or to discuss your office requirements moving forwards – please do not hesitate to contact Thomas Szymkiw of FHP on 07896 035 805 or thomas@fhp.co.uk.

FHP Property Consultants acting on behalf of clients have completed on the sale of 52A High Pavement in Nottingham’s historic Lace Market – also known as ‘The Creative Quarter’.

The former lace works has been snapped up by Waste Studio, an expanding creative design agency – who were already based in the area.  The building provides circa 2,800 sq ft of office accommodation over three floors and benefits from some fantastic views over south Nottingham.  Built in 1897 the property has only had two previous owners, thankfully both of which have retained many period features including original goods lift hoist, sash windows, wooden flooring, staircase and heating system – all of which provide a building with great character and history.

Thomas Szymkiw of FHP’s Office Agency Team commented:

“Buildings such as this in The Lace Market rarely come on the market, therefore I am delighted for Norman and the rest of the team at Waste Studio who have secured a fantastic base for their operations moving forward. 

The office market in the area really is going from strength to strength and with several disposals already completed this year, The Lace Market continues to be in high demand for occupiers. 

Therefore, it would be great to hear from any companies who are considering their options moving forward to see how we can be of assistance.”

Norman Hayes, Creative Director of Waste Studio commented:

“We’re super excited and proud to have now completed purchasing our first property as Waste Studio. 

Nottingham has been the home to our business for the last 12 years and we feel proud to finally invest and further lay foundations within Nottingham, especially in the beautiful Lace Market area. 

Our new building is full of original character and the space it provides is perfect. We plan to create an epicentre for creativity, providing flexible spaces that will work not only as our studio environment but also allow for events, talks and collaborations to happen. 

Over the coming months, we will develop the building bringing it up to date whilst preserving all of the original features.”

For further information on this sale, or to discuss your office requirements in further detail – please do not hesitate to contact Thomas Szymkiw of FHP on 07896 035 805 or thomas@fhp.co.uk.

Cardinal Square is a multi tenanted landmark office building within Derby City Centre which provides high-quality office accommodation.  FHP Property Consultants are pleased to confirm details of the most recent letting to Smile Dental Triage.

Smile Dental Triage have signed a new 6 year lease at a rent of £14.00 per ft² on 1,260ft² situated within the Third Floor South at Cardinal Square.

Darran Severn of FHP Property Consultants commented:

“Smile Dental Triage are a great addition to the mix of tenants already at Cardinal Square.  We have had success letting suites between 1,000ft² and 3,000ft² over the last 18 months, so much so that we are now dividing up the Third Floor East to provide three newly refurbished suites ranging in size between 1,111ft² to 3,748ft², the larger benefiting from dual aspect windows.  In addition, the office garden has been redesigned and now provides an excellent outdoor space providing meeting pods, breakout areas and outdoor games such as table tennis and golf.”

For further information on this letting or to come and take a look at the available space at Cardinal Square, please contact Darran Severn of FHP Property Consultants on 07917 460031 or email darran@fhp.co.uk.

ENDS

7 July 2022

After working with our Clients, HPPUT, for the past 12 years refurbishing and letting the former HQ of the Leicester Mercury newspaper and transforming the building into one of Leicester’s best quality office buildings we are delighted to have been instructed jointly with Gerald Eve to market the freehold of the property.

We are seeking offers in excess of £10,500,000 which reflects a net initial yield of 8.75% and a low capital value of £123 per ft².

There is great opportunity to add value through rental growth within the office areas and in due course a potential repositioning of the leisure unit to the rear.

A video tour of the property can be seen at https://www.youtube.com/watch?v=U6vBSlZFSpQ

For more information contact either John Proctor or Mark Tomlinson at FHP on 0115 950 7577.

A software development company has snapped up the final available premises at a now fully let business park in the East Midlands, landlord Hortons’ Estate Ltd announced today.

DIGI-Steel has agreed a new five-year lease on Unit 4, a recently refurbished 5,440 sq ft office building at Interchange 25 Business Park, Bostocks Lane in Nottingham.

The company, which delivers cloud based solutions to the steel processing fabrication sectors, is taking further space on the estate where it has been based since 2019.

It is the third letting to be completed at Interchange 25 Business Park in less than six months and follows recent deals with UK house builder, Keepmoat Homes and global packaging solutions provider, GPA Global.

Hortons’ has also agreed a five-year lease renewal with accountants Coleby Associates LLP on Unit 3, a 4,240 sq ft property near the entrance to the business park.

Jeremy Boothroyd of Hortons’ said all eight buildings at Interchange 25 were now let and hailed the recent spate of deals as a positive sign for the out-of-town office market.  He said:

“We’re very pleased that DIGI-Steel has chosen to expand its business at Interchange 25. The letting demonstrates the company’s commitment to the location and is indicative of the excellent working relationship we have with our tenants.

We undertook a programme of building refurbishments on the estate which has been an important factor in letting the remaining properties in quick succession and in securing good rents. The business park benefits from a superb location and good facilities, with a high quality of established occupiers.”

Mark Tomlinson, Director at property consultants FHP, who marketed the estate, said:

“Occupier sentiment continues to move towards securing the best quality office spaces and those landlords who have invested in their buildings to present good quality specifications, finishes and eco credentials are reaping the rewards. We are seeing continued rental growth in the sector for the prime end of the market and increased deal activity and I am delighted that we have now secured full occupancy at Interchange 25.”

Interchange 25 Business Park is a development of eight self-contained office buildings, located at the intersection between Junction 25 of the M1 and the A52 (Brian Clough Way) which connects Nottingham and Derby.

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

FHP Property Consultants are delighted to have completed on the sale of 10 Royal Scot Road on Pride Park, Derby to a local investor. The property was sold on behalf of private clients who are relocating to a larger premises close by, which shows that there is still a desire for businesses to remain in the Pride Park area.

Dan Mooney of FHP Property Consultants commented:

“To have concluded this sale is fantastic and I wish both the vendor and new owners every success with their respective moves. The need for office premises across Derby is slowly on the rise again, and it is clear to see that Pride Park remains a significant focus in Derby. Unfortunately, at present there aren’t many, if any, freehold options out there to cater to the interest we are currently receiving.”

In regard to alternative options, we do have a few leasehold properties on Pride Park that are immediately available on new lease terms, including 38 Royal Scot Road and First Floor, 12 Pride Point.

For further information or to discuss any property related matter you have, then please contact the FHP Derby office on 01332 343 222.

ENDS

Dan Mooney

June 2022

Pride Park continues to be a popular choice for office occupiers and that is apparent in a recent deal concluded by FHP Property Consultants.  Edward Lloyd House situated on Pinnacle Way, Pride Park has recently been let.

Edward Lloyd House is one of the best detached office buildings on Pride Park and extends to approximately 9,700ft².  The high quality self-contained office premises benefits from open plan accommodation and good on-site parking facilities.

The office has been let on new lease terms for a period of 8 years at a rent which breaks back to £16.50ft².Darran Severn of FHP Property Consultants comments:

“I am delighted to have let Edward Lloyd House.  This is an excellent building being one of the most recent offices built on Pride Park and the property offers excellent headquarters accommodation.  As a result we have achieved a rent of £16.50ft² which is an excellent result for our client.  There are currently few sizeable detached offices available on Pride Park particularly in the 7,500ft² to 15,000ft² bracket and we may start to see businesses looking further afield at some of Derby’s high profile multi let office buildings such as Cardinal Square and Pentagon House.”

For further information on this letting or to discuss your office requirement, please contact Darran Severn of FHP Property Consultants on 07917 460 031 / darran@fhp.co.uk.

Darran Severn

May 2022

FHP Property Consultants, acting on behalf of Rushcliffe Borough Council, are delighted to have already secured several pre-lets for the currently under construction Bingham Enterprise Centre.

The brand-new, state of the art building is situated next to the also under construction Bingham Arena leisure facility located on Chapel Lane in the very heart of the popular market town west of Nottingham. The location itself provides excellent amenities in close proximity including Lidl and Aldi supermarkets – with cafes, bars and restaurants in the town centre also close by. Additionally, transport links are fantastic with both the A52 and A46 providing quick access to Nottingham, Leicester & Newark – with Bingham also benefiting from its own train station linking it to the national rail network.

The development of the site is progressing at pace, with the overall structure complete and the focus now shifting to the interior of the building with practical completion of the site envisaged for mid to late Summer 2022.  The suites comprise a range of different sizes from 500 to 1,200 sq ft across two floors of accommodation, each unit benefiting from their own kitchen/WC facility with communal shower, bike storage and generous car parking provision.

Amy Howard, of FHP’s Office Department commented:

“I am delighted to be working alongside Rushcliffe Council and this exciting new development.  The level of interest we have already received for the building so far has been very positive and we hope to achieve further pre-lets prior to the building officially opening later this year.

I would therefore encourage any interested parties to please get in touch directly with FHP to see how they can be accommodated.”

For further information on the remaining units available please contact Amy Howard on 07887 787 894 / amy.howard@fhp.co.uk or alternatively, contact Thomas Szymkiw on 07896 035 805 / thomas@fhp.co.uk.

FHP Property Consultants are delighted to bring to the market a two-storey Grade II listed office premises in Kings Newton, Derbyshire. The Barn is situated within the Kings Newton Hall estate and provides convenient access to Derby via the A50.

The property comprises 1,923ft² with a good specification including open plan office accommodation, first floor meeting/breakout space and welfare facilities.  Externally, the property benefits from 5 car parking spaces.

The offices are available on new lease terms and would be shared with the landlord who wishes to remain in occupation.

Dan Mooney of FHP Property Consultants commented:

“The Barn provides modern office accommodation within a historic Grade II listed barn conversion. It’s a great choice for a business looking for characterful office space situated within private grounds. The offices are located within a 15-minute walk of the market town of Melbourne which offers plenty of local amenities including cafes and restaurants. This is a great option for any business who are currently looking for office space on the outskirts of Derby and/or those who may require travel as part of their business operation given its proximity to East Midlands Airport.”

For further information or to arrange a viewing, please contact Dan Mooney on 07929 716 330/ dan.mooney@fhp.co.uk or Darran Severn on 07917 460 031 / darran@fhp.co.uk.

ENDS

Dan Mooney

May 2022

We are delighted to have witnessed continued office market activity in early 2022, with 45 deals already agreed by FHP this year – representing circa 145,000 sq ft of office space transacted.

It is evident that this is a result of improving confidence – with occupiers now seizing the opportunity to make key decisions regards their office strategy going forward. Safe in the knowledge of how they are to operate post-pandemic, many occupiers are now more than ever considering different locations – with a big emphasis to downsize and up-spec their operations. This, coupled with the new ways of working has therefore fueled increased uptake in both the city centre and the out-of-town business parks.

There also appears to have been a culture shift regarding office lay-outs – whereby there is much less emphasis on a traditional fixed desk environment to one that now supports a more flexible, hybrid working approach promoting better social interaction and collaboration between colleagues.

Additionally, the power of the office as an important sales tool is becoming increasingly evident with companies understanding that a high specification office fit-out can be key to both enticing their employees back to the office and attracting the highest calibre of personnel. We are currently marketing some great opportunities that are suitable for a wide range of requirements. Therefore, if you are considering your office strategy going forward, please do not hesitate to get in touch with us to discuss.

FHP Property Consultants are delighted to have been instructed to market St Helens House, King Street, Derby,

DE1 3EE.  St Helens House is a three storey office building providing 900.53m² (9,693ft²) of accommodation and benefits from onsite parking.  St Helens House is well located off Derby’s inner ring road providing excellent access to the city, the M1 at Junction 25 and the A38.  The city centre is a short walk away with local shops and amenities within 10 minutes.

The property is available on new lease terms direct with the landlord at a rent of £130,000 per annum.

Darran Severn of FHP Property Consultants commented:

“This is a truly magnificent building and would be a great home for any business.  The accommodation provides a mixture of open plan and cellular rooms all with high ceilings and benefitting from great natural light.  One trend I have noticed over the past several months is that businesses are seeking a higher quality office environment and this building can certainly do that.

I look forward to speaking with any interested parties”.

Alternatively, if you require slightly less space, we are also bringing to market a 306.57m² (3,300ft²) suite within the adjacent Pearson Building which is known as the Big School Suite.

For further information or to arrange a viewing, please contact Darran Severn of FHP Property Consultants on 07917 460 031 / darran@fhp.co.uk or Dan Mooney on 07929 716 330  / dan.mooney@fhp.co.uk.

ENDS

Darran Severn

April 2022

FHP are delighted to have recently completed on the sale of Unit 1 Park Lane, a self-contained office building acquired by a rapidly growing care company, Nationwide Care.

The property is situated on a prominent position on an established business park known as Park Lane Business Park in Basford which has a wide variety of occupiers. The unit comprises approximately 1,700 sq ft of modern office accommodation situated over two floors with a generous amount of car parking also provided.

Amy Howard, of FHP’s office and industrial team who agreed the sale, commented:

“Unit 1 Park Lane is situated in an excellent location and provides high quality office space, for which we expected a high level of interest.  It was the perfect opportunity for both owner occupier and also for investment purposes, resulting in a high level of interest on the property within the first month alone.  We managed to generate several competitive offers from the interest we received resulting in an excellent outcome for our client which saw the property under offer in under a month of it being on the market.

The office market may not be in as high demand as other sectors, but the level of interest received on this unit alone shows that the demand is still there.  That being said, interest is still high for freehold units and demand is certainly outweighing supply. 

 It has been a delight to work alongside both our client and Nationwide Care in securing this deal and I wish them all the best in the future.”

For further information on this sale or if you are looking to dispose of a freehold or leasehold office or industrial unit, please do not hesitate to contact Amy Howard on 07887 787894 or amy.howard@fhp.co.uk.

FHP Property Consultants, on behalf of clients, are delighted to have agreed the letting of Unit 2, Redwing Court in Castle Donington to The Recruitment Group for their new Head Office.

The property provides the company with just under 2,000ft² of modern, self-contained office accommodation over two floors with a good designated car parking provision. Redwing Court itself is a purpose built office development on Willow Farm Business Park – a location benefitting from fantastic access to Junction 24 of the M1 motorway and East Midlands Airport, all within around 30 minutes drive of Nottingham, Derby and Leicester.

Thomas Szymkiw, of FHP’s Office Agency Department commented:

“I am delighted to have secured The Recruitment Group as tenants for Unit 2 Redwing Court.  The property was previously under offer to another party – however as soon as it came back to the market, I knew it would be perfect for their requirements and after a brief viewing we agreed a swift deal with my client.  Paul and the team were a pleasure to deal with throughout the process and I wish them all the best of luck for the future.”

Paul Hipkiss of The Recruitment Group commented:

“I would like to thank Thomas and his team at FHP for their hard work getting us into our new Head Office which we are absolutely delighted with.  This new office will give us the platform to continue our growth plans as we look to build on a very successful last 2 years.”

For further information on this letting, or to speak FHP’s Office Agency Department in regards to your office requirements moving forward – please do not hesitate to contact Thomas Szymkiw on 07896 035805 or thomas@fhp.co.uk.

Independent property company, Hortons’ Estate Ltd, has announced the letting of two of the final three available properties at a business park in the East Midlands.

Top 10 UK house builder, Keepmoat Homes has agreed the largest of the two lettings at Interchange 25 Business Park, Bostocks Lane in Nottingham.

The firm has signed a five-year lease on Unit 1, a two-storey standalone office space of 6,094 sq ft and has taken occupancy of the building following completion of an internal fit out.

Unit 2 is a fully refurbished two-storey detached office building of 5,424 sq ft and has been let to global packaging solutions provider, GPA Global on a six-year lease.  They are undertaking a fit out prior to moving into the premises.

Shaun Fielding, Regional Managing Director, Keepmoat Homes, said:

“We’re excited to have relocated to Interchange 25 and were attracted by the ability to create a great working space for the team, good connectivity to the M1 but within a well maintained and pleasant location.”

Guy Gisborne, Chief Commercial Officer, GPA Global, said:

“Interchange 25 is a perfect environment for our UK design and development hub and will be a great place for our clients to work with our team to design beautiful packaging.  The hub will also form the HQ for our growing EU sustainability team.  We look forward to opening the hub once we have completed our extensive fit out.”

Interchange 25 Business Park is a development of eight self-contained office buildings, located off junction 25 of the M1 motorway.

The last remaining property on the business park is Unit 4A, a recently refurbished 2,700 sq ft office space that is currently under offer.

Jeremy Boothroyd of Hortons’ said:

“We are very pleased to welcome two new occupiers to Interchange 25.  To have attracted tenants of the calibre of Keepmoat Homes and GPA Global is a testament to the facilities on offer at the estate and its superb location.  Interchange 25 is a well managed and maintained site that delivers modern office space and designated onsite parking with secured access off Bostocks Lane.  The interest that we have received in these properties is a really positive sign for the business park market.”

Interchange 25 is being marketed by Mark Tomlinson of FHP who commented:

“We have been working alongside Hortons’ Estate Ltd for some years in undertaking a programme of building refurbishments and new lettings at Interchange 25.  These two deals are the latest in a string of new lettings at the site and add to the high quality of established occupiers such as Nurture, Air IT and Arthur McKay.”

For further information on the availability at Interchange 25 Business Park, please contact Mark Tomlinson on mark@fhp.co.uk  or 07917 576 254.

2NB Property Investments Limited, a Derby based investment company has recently acquired Prospect House which is situated on Pride Park, Derby.  Prospect House was one of the first HQ office buildings built on Pride Park and must be one of the most well-known buildings in Derby.  The property occupies a highly visible position directly opposite Pride Park Stadium and the accommodation spans over three floors offering modern open plan space.

The property was sold on behalf of private clients by joint agents FHP Property Consultants and Andrew Butcher & Associates.

Darran Severn of FHP Property Consultants commented:

“I am pleased this sale has completed and I wish the new owners every future success with their investment which I understand will be occupied later this year after a comprehensive refurbishment.  There is a continued demand for office premises across Derby with a significant focus on Pride Park at present.  Occupiers are seeking to increase the quality of their working environments and to create more of a collaborative lifestyle choice to boost collaboration, mental health and wellbeing, team building and to support the upskilling of junior members of the workforce.  With a general lack of stock in market particularly on Pride Park we are starting to see capital values rise”.

David Nelson from 2NB Property Investments Limited commented:

“We’re delighted to complete the purchase of Prospect House and wish to thank all the professionals that assisted with the transaction.  We look forward to turning the building into high specification grade A office accommodation that will be occupied later this year”.

Andrew Butcher of Andrew Butcher & Associates also commented:

I am delighted to have concluded the sale of this property on behalf of our private clients, following a relatively short marketing period. The demand for freehold properties and the short supply saw competition for this property and it is good to see that after a refurbishment, this will be home to a growing professional occupier, further extending the occupational life of the building”.

For further information or to discuss your property requirements, please contact Darran Severn of FHP Property Consultants on 07917 460 031 or darran@fhp.co.uk

ENDS

Darran Severn

April 2022