A key building in the Lace Market has recently been brought back to life with a stunning office refurbishment in the historic Lace Market area of Nottingham City Centre.

1 Broadway has brought to the market just over 10,000 square feet of much needed, good quality office space encompassing open plan floor plates with a ‘stripped back’ feel of an old lace mill. The property also benefits from attractive period features such as large sash windows and cast iron columns which are complemented by a modern fit out including brand new lift access to all floors, LED lighting and exposed services. The fourth floor of the building also boasts panoramic views of the St Mary’s Church and beyond – providing a real ‘wow factor’ that just can’t be found in many other options on the market.

Such is the success of the building thus far, lettings have already been agreed for six of the seven suites available with new occupiers including The Reformer Studio, Bradstock Bourne, Integrated Transport Planning, Churchsuite and Cronofy Ltd – leaving only a 2,000 square foot opportunity on the Third Floor.

Thomas Szymkiw, who forms part of FHP’s Office Agency department commented:

“It is a pleasure to be involved in what is such a great building in the Lace Market – an area that in recent years has lost some of its key commercial buildings to residential conversion.

Due to a lack of supply, demand for good quality office space in this locality is strong – which coupled with strong rental values, means there is now real appetite amongst building owners to undertake these kind of refurbishment schemes.

It is testament to this as we already have the majority of the building let or under offer”

For more information on 1 Broadway or to arrange to take a walk around the space, please contact either Thomas Szymkiw on 07896 035 805 or thomas@fhp.co.uk.

Date:  22^nd January 2020

FHP Property Consultants acting on behalf of clients Rushcliffe Borough Council are delighted to announce the completion of the letting of Suite H at The Point Offices in West Bridgford to NutraTech Ltd.

The company was founded in 2005 and helps users achieve their weight management goals through its calorie counting app and website.

The suite provides the company with over 2,500ft² of good quality office accommodation situated on the top floor of this well regarded, prominent building located on the way into the City.

Thomas Szymkiw of FHP’s Office Agency Department commented;

“The Point Offices provide a rare opportunity for occupiers to have the best of both worlds and rent an office that is within easy reach of the city centre/train station, but also within the West Bridgford locality, with good levels of secure car parking.

I knew once I had initially spoken to Tim at NutraTech that the property would tick all the boxes and therefore pleased that they have found a new home which perfectly suits their needs going forward. It now also means that the property is fully occupied – which is a great result for our clients.

This letting concludes a number of office deals we have completed in West Bridgford in recent months and with demand in the area as strong as ever, we are continuing to see rents achieving premium values”

For more information on how FHP can help you with your office requirements, please do not hesitate to contact Thomas Szymkiw on 0115 841 1159 or thomas@fhp.co.uk.

Thomas Szymkiw

Date:  20^th January 2020

The bustling town of Chesterfield in North Derbyshire is a prime example of an innovative and thriving location making the most of its industrial heritage and accessible locatIon, being a short distance from the M1 Motorway.

FHP Property Consultants have been very active in the area marketing a number of schemes across the office, industrial and retail sectors in particular.  Tim Richardson of FHP Property Consultants comments:

“We are delighted to have been recently instructed on the high profile Chesterfield Waterside Scheme, which is a major regeneration project.  The first phase, Basin Square will provide a new build office where we have space coming available from 2,500ft² upwards and will sit within a courtyard environment together with a hotel, multi storey car park, ground floor retail/leisure and PRS residential development.  In addition, the team has a variety of other properties available in the area including shops, industrial units and development land.”

 At Brodi Park on the Sheepbridge Industrial Estate FHP Property Consultants are marketing a new development of industrial units providing space from 1,895ft² to 8,580ft² on new leases within a securely fenced and gated site.  To the south of the town at Clay Cross, Chris Proctor of FHP Property Consultants has had great success with the Railway View Business Park with recent lettings in the second phase to Edie Fabwrox and C & C Vehicle Services and terms being agreed on a further new build units there.

At Coney Green nearby, FHP are marketing 2 storey business units at Church View providing opportunities for a flexible bespoke fitout in units from 2,100ft².

Industrial land is in scarce supply, but there is an excellent opportunity just to the south of Chesterfield near the A617 at Grassmoor where up to 14 acres with outline consent for industrial/business space development is available either to buy as individual serviced plots, or as bespoke buildings on a turnkey basis.  Tim Richardson from FHP Property Consultants adds:

 “It is very difficult these days to obtain plots of land for your own use and we are able to offer sites from 1 acre.  Indeed interest in these from companies in Chesterfield has been very good and our client is due to start work on the infrastructure in 2020 so we would encourage potentially interested parties to get in touch.  We already have good interest in just over half of the site”.

 As a further example of the shortage in supply of land in this area for commercial or industrial purposes, FHP have recently been called upon as an expert witness at a planning inquiry in North East Derbyshire to demonstrate the demand for such plots and the limited availability.

To receive our latest bulletin on the Chesterfield area or to discuss your property or requirements, forthcoming rent review, lease renewal, rating issue or valuation need then please contact in the first instance Tim Richardson at FHP Property Consultants on 01332 343 222 or timr@fhp.co.uk.

FHP Property Consultants have recently concluded the sale of Davy House on Phoenix Business Park in Nottingham leased by Storefeeder, a company wholly owned by the Royal Mail Group.  The property was substantially refurbished prior to Storefeeder taking occupation in 2019 and the investment has subsequently been sold.

The property was lease at passing rent of £91,140 per annum and has been purchased by the Trustees of the Sir Robert Douglas’ Will Trust at a price reflecting a net initial yield of 6.9%.

For further information please contact Mark Tomlinson of FHP Property Consultants.  Fisher German LLP acted on behalf of the purchasers.

FHP Property Consultants are pleased to announce the recent letting of 10 High Street, Alfreton to Stephen Toon Hearing Centre.

10 High Street is situated in the centre of Alfreton and comprises a detached office building with frontage to the High Street.

Stephen Toon Hearing have signed a new 5 year lease and are set to open early next year.

Darran Severn of FHP Property Consultants comments:

“10 High Street was originally built for the Post Office and has more recently been occupied by Derby College.  The property provides good office accommodation over two floors and benefits from a private car park to the rear. 

 It’s been a great result for all involved.  We were able to complete the lease within one week of Derby College vacating the property, therefore keeping any void period to an absolute minimum.”

 Stephen Toon of Stephen Toon Hearing Centre comments:

 “We are really looking forward to moving our family run business to 10 High Street, Alfreton.  With the big car park, and disabled access it’s perfect for what we need. We are hoping to be opening at the beginning of February”.

For further information then please contact Darran Severn of FHP Property Consultants on 01332 343 222 or darran@fhp.co.uk.

Following many years in the planning, a major regeneration scheme in a Derbyshire town is about to start, with construction of the first building due to commence in the New Year.

Chesterfield Waterside is an exciting £340m high quality mixed use scheme set on a canalside environment, situated on the edge of the town centre and directly adjacent to the mainline railway station.  Built across 16 hectares, the development will revitalise the eastern side of Chesterfield on an unprecedented scale for the town.

The first commercial element is Basin Square and will comprise a detached office building, hotel, 350 built to rent apartments and a multistorey car park.

Development will commence shortly on circa 35,000ft² of Grade A office accommodation, which will be the first step in delivering the Chesterfield Waterside vision.  FHP Property Consultants and Knight Frank have been appointed as letting agents for the offices.

The 7 storey building can provide floorplates to suit requirements from 2,500ft² upwards and the agents are pleased to confirm that 4 floors are already under offer with terms agreed, leaving up to 16,410ft² available.  The accommodation will be finished to a Grade A specification incorporating 2 passenger lifts, raised access flooring, air conditioning, LED lighting, high quality entrance foyer, showers and cycle parking facilities onsite.

The project is being delivered by Chesterfield Waterside Limited which is a joint venture between Bolsterstone Group, Laver Regeneration and Chesterfield Borough Council.

For information please contact Tim Richardson at FHP Property Consultants 01332 343 222 or Peter Whiteley at Knight Frank on 0114 272 9750.

The office sits in a prime position fronting Nottingham’s Ring Road, benefitting from access to the City Centre and the A52, with quick routes to Junctions 24, 25 & 26 of the M1 Motorway.

The office specification consists of a 2 storey fully fitted office accommodation with central heating/air conditioning, suspended ceilings and perimeter trunking alongside good levels of car parking.  The office measures 324m² (3,493ft²) set over two floors and is available immediately.

Anthony Barrowcliffe & Thomas Szymkiw comments:-

“Excellent office accommodation well situated logistically and well presented for immediate tenant occupation at a competitive price.”

For further information on this property please do not hesitate to contact Anthony Barrowcliffe on 0115 841 1148 or email anthony@fhp.co.uk or Thomas Szymkiw 0115 841 1159 or email thomas@fhp.co.uk.

FHP Property Consultants have topped the Radius Data Exchange Nottingham Office Disposals League Table for the seventh year running, towering above the competition having transacted 452,186ft² of office space in greater Nottingham alone over 51 deals.

FHP acted on the stand out deal of the year, the 278,000ft² pre let of Unity Square to HM Revenue & Customs on behalf of Sladen Estates.

Other notable deals transacted by FHP include letting of 1 Royal Standard Place to the University of Law of some 28,885ft² pushing headline rents in Nottingham through the £20 per ft² barrier, a key milestone for the City.  FHP also acted on behalf of Chancery Gate in the letting of Waterfront House at Beeston Business Park to Go Daddy of 26,775ft².

The take up in Nottingham as a whole increased in 2019 as a result of these major deals, but there continues to be a significant lack of supply of offices in and around Nottingham City Centre and especially in the city core itself.  FHP are working on bringing forwards a number of refurbished schemes into 2020 and already have substantial pre-lets in place on much of the pipeline stock and as such the squeeze on available supply is set to continue.  Given the low supply levels squeeze we are seeing an increase in headline rents, with many new projects coming forwards likely to be pushing through £20 per ft².

For further information on the Nottingham Office Market please contact Mark Tomlinson or John Proctor in FHP’s Nottingham Office.

FHP Property Consultants are pleased to announce the recent sale of 10 Normanton Road, Derby to Derby City Mission.  The property was originally built in 1935 and comprises a detached two storey office building which extends to approximately 10,989ft².

Darran Severn of FHP Property Consultants comments: –

“10 Normanton Road is a fantastic building which sits in a highly prominent position.  We received lots of interest from a variety of different users.  Following a period of marketing, we invited best bids and successfully secured an offer at the quoting price.  Overall a great result for all parties.”

Derby City Mission will occupy the property themselves in a move to grow their presence and services in the City.

Julio Abraham from Derby City Mission comments:

 “We are delighted to be taking possession of 10 Normanton Road, a building that has served the City well for over 80 years.  As well as this building being our HQ, we look to move Safe Space and new services to heal and empower those most in need. We are planning to open a Community Wellness Café that will be central to all we do.  For more information on how you can partner with us please visit our website www.derbycitymission.org.uk.”

For further information please contact Darran Severn of FHP Property Consultants on 01332 343 222 or darran@fhp.co.uk.

FHP Property Consultants, who were instructed to sell for Nottingham College the 19.3 Acre former Central College Site at Farnborough Road Clifton, the 2.2 Acre Clarendon College Site fronting Mansfield Road and the 3.73 Acre former Broxtowe College Site on Chilwell High Road, have now called for “Best Bids” for October 15th.

John Proctor of FHP, who leads on the project, said “We have been marketing the 3 sites over the summer generating significant interest from a whole variety of sectors from Religious Groups to Retailers, House Builders to Student Developers, from Amateur to Professional Sports Clubs, as well as Education and Office Occupiers and so it was felt a “Best Bids” scenario on an “Unconditional Basis” in terms of planning was the way forward.”

David Hargreaves of FHP said:  “The 19.3 Acres at Clifton is available immediately, whilst Clarendon and Beeston will become vacant in September/October 2020 when the new £58million Nottingham College City Hub opens next to the Intu Broadmarsh Shopping Centre and Lace Market district.”

FHP Property Consultants and Eversheds Sutherland are advising Nottingham College.

Further details on all 3 sites are available by going to www.fhp.co.uk

End

8 October 2019

Interchange 25 Business Park, which lies just off Junction 25 of the M1 Motorway in Nottinghamshire has recently achieved full occupancy with the latest string of lettings on the park.  The Business Park itself comprises 8 detached self contained office buildings which are multi let to occupiers such as Air IT, Games Tech, Nurture Fertility and Arthur McKay Building Services.

The estate is owned and managed by Hortons Estate, an independent property company with a substantial investment and development portfolio containing office, industrial, retail and leisure assets located throughout the Midlands.

Hortons have undertaken a series of refurbishments on the site to reposition the assets within the market in order to reach full occupancy and to drive rental values.

Jeremy Boothroyd of Hortons Estates commented:-

“Our comprehensive refurbishment programme has been justified.  We now have an enviable tenant roster at the business park, and a highly attractive asset.”

Mark Tomlinson of FHP Property Consultants, who acts on behalf of Hortons Estate on the scheme: –

“Since our involvement as agents on this scheme, we have brought forwards tenants such as Arthur McKay Building Services, Colby Associates and Air IT.  The landlords have undertaken a series of refurbishments of the individual buildings as well as maintaining a very well managed secure site.  Most of the buildings have been refurbished to provide LED lighting, air conditioning as well as upgrading the welfare facilities and reception areas within the buildings.  As a result we have seen headline rental values improve by up to 25% over the last 3 years.”

A major office complex in Nottingham city centre has been sold in a £7m deal.

BizSpace, the flexible workspace provider, has bought 31-35 Park Row, which includes three buildings totalling 52,600 sq ft.

BizSpace says it has bought the three buildings with a view to an immediate £1.8m refurbishment of 35 Park Row, which is currently vacant, into a business centre space. The remaining two buildings are currently occupied by Lloyds Bank and KPMG.

Emma Long, commercial director at BizSpace said:

“Our acquisition of Nottingham Park Row reflects our expanding business and the increasing demand we’re seeing for high-quality, flexible office space in the regions. With more people going freelance or setting up their own businesses, Nottingham is becoming an increasingly attractive hub for start-ups and, with around 3 million people living within an hour’s drive and our two other centres here already full, we anticipate strong take-up when we open early next year.”

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

“The refurbishment of 35 Park Row will provide some of the badly needed office space sought by occupiers in Nottingham City Centre. This will see some 23,000 sq ft of Grade A space brought to the market in the early part of 2020.

We are delighted to have secured this deal for our clients.”

Barry Riley of Alstonefield Real Estate acted of behalf of BizSpace in the deal.

RDC Aviation, a Nottingham based aviation technology and analytics company has expanded its operations within Nottingham taking new offices in the Imperial Buildings on Victoria Street.

The offices have been recently refurbished to provide an industrial style office specification.

RDC currently employs 22 staff and plans to expand their team to over 30 in the coming years and this building will enable them to accommodate that expansion.

Mark Tomlinson of FHP Property Consultants, who acted on behalf of the landlord’s in advising on the refurbishment and the letting of the space commented:

“There is an increasing shortage of good quality space of this type in Nottingham City Centre and a good depth of demand, with an increasing trend for companies to be located in City Centre buildings.  We received good levels of interest in this space and plan to refurbish further accommodation within the building in due course. 

RDC Aviation is an excellent quality tenant for my client, and we are delighted to have secured them within this building.”

Sean Bremner of Commercial Property Partners who acted on behalf of RDC commented:

“The search was challenging mainly due to the lack of credible options, however, we immediately recognised Imperial Buildings as a great opportunity to meet the client’s brief and reacted to secure the space.  The specification and layout provides RDC with a flexible working environment and potential for growth.”  

Peter Hind, Chief Executive at RDC Aviation commented:

“We are delighted to have agreed terms on such an iconic building in a great location. We are excited about making it into a vibrant new home for the business.”

Forester House, once home of the Job Centre, is situated on the corner of Newland and Becket Street within Derby City Centre.  The property comprises a detached 5 storey office building extending to approximately 42,565ft².

The premises have been recently acquired by Universal Total Care Limited for £1.6m.

Darran Severn of FHP Property Consultants comments: –

“I’m very pleased this sale has completed. The property is suitable for a number of uses and has planning consent for 59 apartments.   The immediate area will certainly benefit from this development and I look forward to seeing the finished product whether that’s housing or leisure.

There is continued demand for freehold premises of this nature not only in Derby City Centre, but throughout the region.  If you are thinking of selling your property then please get in touch.”     

For further information please contact Darran Severn of FHP Property Consultants on 01332 343 222 or darran@fhp.co.uk.

Although property development and transactions have a long lead-in time, the sector doesn’t stand still and trends change continually.  So what is the current situation in Derby?  Here’s a brief view from Tim Richardson at FHP Property Consultants’ Derby Office.

Over the last 15-20 years much of the take-up has been on Pride Park, a prime business park location with easy access to the A52, A6 and railway station on the east side of the City.  From its inception, it provided companies with new or modern second hand space, open plan, up to date specification, their own front door and onsite parking.  Those attributes still exist and has been very successful. But with over 10,000 people working on Pride Park this has inevitably put a strain on the infrastucture, a consideration which is being relieved by the extensive road improvements currently underway.

Elsewhere in Derby, there has been a massive reduction in the supply of secondary office space as the traditional City Centre multilet schemes such as Heritage Gate and St Peters House have been converted to residential.  The market has not really blinked at this reduction in supply, as much of the space suffered from a lack of investment over a long period and therefore had high void rates, but it has helped focus the attention to the remaining multilet offices such as Cardinal Square, Pentagon and RTC Business Park which have all seen extensive refurbishment and are enjoying high levels of occupancy.

Of the enquiries we have from businesses looking for office space we tend to find, and indeed positively encourage, that they look at space both on Pride Park, central Derby or elsewhere as they all have a different feel.  The quality of specification nowadays is often  consistently good in the refurbished second hand buildings and occupiers can put their own mark on them with their fit out.  Whilst the stand alone buildings can provide an HQ corporate image,  easy to drive to and park at the front, the multilet buildings can add a bit more interest with shared/communal break-out and coffee areas, gardens and staffed receptions.  Times have changed and people are often genuinely surprised when they walk through the front doors of some of Derby’s landmark office buildings.

The other sector which has fared well is serviced offices, providing flexible space chargable by the desk giving the occupier complete peace of mind, flexibility to grow or contract as needed and cost certainty.

So overall, the Derby market is healthy, there are a good number of deals being done and a selection of high quality buildings for business to look at.  Rents are still sensible, but with any new build options some time time away and supply diminishing, we could see these rents edging up.

For further information, please contact Tim Richardson at FHP Property Consultants on 01332 224 857 or email Tim at timr@fhp.co.uk.

The key developments and deals in the East Midlands property sector over the past year were celebrated at the prestigious East Midlands Property Dinner Awards on 12th September 2019.

The event, held at De Vere East Midlands Conference Centre and compered by Colin Murray, also celebrated the teams of planners, lawyers and architects across the East Midlands that made them possible.

The awards were sponsored by CWC, Freeths, Harworth Group, Lambert Smith Hampton, Lincolnshire County Council, Mace, Pegasus Group and Rizk McCay.

The drinks reception was sponsored by Marketing Derby and the networking booklets by Willmott Dixon.

Agent of the Year

Sponsored by Lincolnshire County Council
Winner: FHP

FHP helped get Nottingham’s long-awaited Unity Square office scheme off the ground and supported the development of one of the country’s largest speculative distribution schemes of the past year.

Property Deal of the Year

Sponsored by Freeths
Winner: HMRC’s 25-year pre-let deal for phase one of Unity Square, Nottingham (Sladen Estates, Peveril Securities, Legal & General Retirement, JLL, FHP)

The deal is set to be a massive catalyst for the redevelopment of the southside of Nottingham and will have an impact which will reverberate for many years to come.

FHP Property Consultants are delighted to be able to offer this high quality fully refurbished office suite in a prominent position on Pride Park.

The suite extends to some 1,150 ft² of office space, with new kitchen, carpets and completely redecorated.  There is also a shower, which is of great benefit for cyclists.  The suite has on-site parking and further spaces are available in the area, subject to separate agreement.

The property is available to let on a new lease and we would encourage early viewing.

For further information, please contact Tim Richardson at FHP Property Consultants on 01332 224 857 or email timr@fhp.co.uk.

FHP Property Consultants are pleased to have been instructed to market, this attractive Grade II listed building situated on Becket Street in Derby.

The property provides a mixture of open plan and cellular accommodation spanning over two floors, and totals 328.96m² (3,541ft²).  The premises are available to buy at a guide price of £245,000.

Darran Severn of FHP Property Consultants comments: –

“This is an excellent opportunity to acquire a self-contained office building in Derby City Centre.  The property benefits from a short-term income and has potential to be developed in the future. 

 As the City Centre evolves, we are seeing more properties in this category being converted into student and residential accommodation.  I look forward to speaking with interested parties.”  

For further information or to arrange a viewing please contact Darran Severn of FHP Property Consultants on 01332 224854 or darran@fhp.co.uk.

Located prominently within the Fishergate Point development on the junction of Lower Parliament Street and Fisher Gate being exceptionally visible from the road with high traffic flow through to the London Road roundabout.  The property is located within walking distance of the city centre and benefits from excellent public transport links and road frontage.

The property comprises of 6,653ft² and features a large ground floor showroom / meeting area and has a range of open plan / cellular offices with excellent road frontage.

The space can be split floor by floor to meet individual requirements with both floors having kitchen and WC facilities.   There is also an excellent underground car parking facility with the ability of parking up to 10 vehicles.

Anthony Barrowcliffe of FHP Property Consultants comments:-

“If what you require is affordable office / showroom space within walking distance of the city centre with excellent car parking and superb road frontage then look no further.”

For further information on this building please contact Anthony Barrowcliffe on 0115 950 7577 or anthony@fhp.co.uk.

We of course could not have done this deal, without the assistance of Thomas Szymkiw of FHP, who worked tirelessly on the transaction throughout the last 12 months.

FHP Property Consultants are pleased to announce the sale of Studio House to Hockley Developments Limited.

The property has, up until recently, been used as a multi occupied commercial building, however Hockley Developments are to now breathe new life into the Victorian former lace mill and have planning approved for residential conversion into 31 apartments for young professionals and families.

Alan Forsyth, of Hockley Developments Ltd commented;

“After several months of planning, we are delighted to finally get started on this development – one of several we have completed in the Nottingham area recently.

With its traditional original features, such as exposed brick walls and beams, high ceilings and large windows, combined with a modern fibre internet connection, new gas central heating and double glazed windows, the building will be an exciting place to live for both young professionals and families alike. In addition, the views from the apartments on the higher floors are breath-taking, some as far as East Midlands Airport.

With Help to Buy available, and a 10 year new build warranty – we are expecting strong demand and have already taken reservations on several apartments.  We of course could not have done this deal, without the assistance of Thomas Szymkiw of FHP, who worked tirelessly on the transaction throughout the last 12 months.”

Thomas Szymkiw commented;

”I am delighted to have completed on the sale on behalf of retained clients – a deal that took both effort and patience on both parties behalf.  The property was unfortunately no longer viable for commercial purposes and I am pleased that it will now provide much needed residential accommodation for local people.

I very much look forward to seeing the renovation work progress and working together with Alan and Hockley Developments again in the future.”

For further information on sale of the above premises, or to discuss any property requirement in further detail please do not hesitate to contact Thomas Szymkiw of FHP on 07896 035 805 or thomas@fhp.co.uk.

Thomas Szymkiw

Tel: 0115 950 7577

Date:  25^th June 2019

FHP Property Consultants are pleased to bring to the market 38 Royal Scot Road on Pride Park, Derby.

The Property comprises a self-contained modern office suite with an office/meeting room, kitchen and WCs to the ground floor and open plan offices to the first floor, together with kitchen and WC.

The office suite is of a high quality, with the specification including suspended ceiling with recessed lighting, raised access flooring, perimeter trunking and data cabling, signage to the front of the property and six car parking spaces. The property also benefits from views over Pride Park Nature Reserve.

Pride Park is Derby’s premier business address. The location offers excellent accessibility to Junction 24 of the M1 and East Midlands Airport via the A50.

The property is available to let on a new lease on an internal repairing basis at a rent of £14,250 per annum.

Mairéad Gethings of FHP Property Consultants comments:

 “This property presents a great opportunity for a small to medium size enterprise to occupy a self-contained office premises on Derby’s premier business park. The accommodation is of high quality and benefits from six car parking spaces to the front and views over Pride Park Nature Reserve. I look forward to speaking with all interested parties.”

For further information or to arrange a viewing please contact Mairéad Gethings or Tim Richardson on 01332 343 222.

A key office refurbishment has recently been completed at 1 Broadway in the historic Lace Market area of Nottingham City Centre.

The property has brought to the market just over 10,000 square feet of much needed, good quality office space encompassing open plan floor plates with a ‘stripped back’ feel of an old lace mill. The property also benefits from attractive period features such as large sash windows and cast iron columns which are complemented by a modern fit out including brand new lift access to all floors, LED lighting and exposed services. The fourth floor also boasts panoramic views of the Lace Market and beyond – providing a real ‘wow factor’ that just can’t be found in many other options on the market.

Thomas Szymkiw, who forms part of FHP’s Office Agency department commented:

“It is a pleasure to be involved in what is such a great building in the Lace Market – an area that in recent times has lost some of its key office buildings to residential conversion.

Due to a lack of supply, demand for good quality office space in this locality is strong – which coupled with strong rental values, means there is now real appetite amongst building owners to undertake these kind of refurbishment schemes.

It is testament to this as we already have four of the suites ‘under offer’ and only three remaining – which I don’t think will be available for long!”

For more information on 1 Broadway or to arrange to take a walk around the space, please contact either Thomas Szymkiw or Mark Tomlinson on 0115 957 7577.

Thomas Szymkiw

Date:  11^th June 2019

FHP Property Consultants are delighted to announce the letting of 29a Stoney Street to Tunstall Smith King Consulting Engineers (TSK).

Formed in 2016 by directors Garry Tunstall, Peter Smith and Stephen King, TSK is a niche practice of 14 professionals providing solutions for all aspects of structural and civil engineering design with a hands-on approach to clients.

The move to the new open-plan, ground floor space in the historic Lace Market area of Nottingham from its previous location in Beeston, is part of the company’s growth strategy to accommodate its growing workforce and to unlock new opportunities in the city centre.

The 1,334ft² office is within a former lace mill – designed by renowned local Victorian architect, Watson Fothergill – and boasts lots of natural light, exposed brickwork and beams and original cast iron columns.

TSK’s portfolio is UK-wide and includes hotels, private housing, student accommodation, industrial and food retail developments. Locally, the team is currently working on a number of high-profile projects including the ‘The Waterside’ scheme at Trent Bridge, a landmark student accommodation development adjacent to Sneinton Market, the residential scheme at Trivett Square in the heart of the Lace Market, the regeneration of Beeston town centre and a state of the art YMCA Sports and Community Village in Newark. Collectively, TSK is working on schemes with a construction value in excess of £90m within Nottinghamshire.

Director Stephen King of TSK commented;

“Myself and the team are excited to be in our new office which looks fantastic but also meet the needs of a growing firm. It has always been our intention to be based in Nottingham city centre as part of our growth plans and we’ve have had our sights set on the creative quarter as the area perfectly suits the business.

“The central location enables us to be closer to a number of our clients and projects and will help to attract further talent to the business. We are a proactive team providing innovative engineering design solutions and we are also sociable and see the benefit of networking events, of which there is an abundance in the city centre.

“As directors, we have a combined experience of more than 60 years, and a strong presence in the residential, commercial, industrial and education sectors. As a team we are growing organically, and the new office can accommodate up to 20 employees which is where we aim to be in the next few years as we continue to employ talented professionals.

“The new office gives us the additional space that we need to work, and we also encourage our team to take a break where possible. The office pool table certainly helps with this, as well as encouraging a bit of healthy competition.”

Thomas Szymkiw of FHP Property Consultants commented;

“I was pleased to assist the team at TSK with their search for a new office. After viewing several options in the Lace Market, I was pleased that 29 Stoney Street was the one that ticked all of the boxes for them. It’s an impressive space and I wish them all the best there.”

For further information on the letting of the above premises, or to discuss any property requirement in further detail please do not hesitate to contact Thomas Szymkiw of FHP on 07896 035 805 or thomas@fhp.co.uk.

Date:  24^th May 2019

I am very pleased to announce the successful sale of the Former Children’s Day Nursery on Sherwood Rise in Sherwood, Nottingham. A beautiful period detached property set over two floors on a 0.3-acre plot with prominent frontage to Sherwood Rise and being located just 1 mile from the city centre. Planning was submitted on the 15^th February to convert the building into six 2-bedroom residential apartments and was granted on the 18^th April 2019.

Anthony Barrowcliffe of FHP comments: –

“From the initial development appraisal right through to completion this has been an exciting journey and I look forward to seeing the conversion over the coming months. There were several challenges on the way which I am delighted we overcame to see this through to completion”.

The purchaser Paul Foster from Simpull Limited, commented: –

“We are delighted to have secured the purchase of 8 Sherwood Rise with the intention of converting the building into six high quality 2-bedroom apartments. The character of the building will be retained by ensuring we keep all existing features wherever possible thereby contributing to the regeneration of Sherwood Rise. We would like to thank Anthony Barrowcliffe whose professional approach was instrumental in driving this purchase to completion and look forward to working with FHP again in the future.                                                                                                             

The former landlord John & Rashem Johal added: –

” A big thank you to Anthony Barrowcliffe who worked hard and methodically to ensure the sale went through, and for all of his support throughout the process”.

For further information on how FHP can help with the sale or letting of your commercial property, or for assistance helping you find the right property to meet your requirements, please do not hesitate to contact FHP. For more information on this deal, please contact Anthony Barrowcliffe of FHP Property Consultants on 0115 841 1148 or alternatively email anthony@fhp.co.uk.

Anthony Barrowcliffe

Date:  22^nd May 2019

Fully refurbished self-contained office, 3 miles from the M1 Motorway.  The office is a barn conversion and consists of ground floor offices with kitchen and WCs, alongside 8 allocated car parking spaces with an overflow car parking facility available if required.

The location is exceptionally well positioned to the A453 and Junction 24 of the M1 Motorway, being well situated to service Nottinghamshire, Derbyshire and Leicestershire.  Not only has the office got great road access it is also within close proximity to East Midlands Airport, and the train services.

Anthony Barrowcliffe of FHP comments: –

“An attractive building offering a tremendous secure working environment in an attractive rural setting with superb transport links.  The office is part of a small business park, which is exceptionally well managed and provides excellent car parking.  Another attribute is the fact this office is eligible for small business rate relief; therefore I look forward to discussing this prospect with all interested parties.”

For more information on this property, please contact Anthony Barrowcliffe of FHP Property Consultants on 0115 841 1148 or alternatively email anthony@fhp.co.uk.

FHP Property Consultants are pleased to offer the leasehold interest of 12 Mallard Way, Pride Park, Derby to the market.

12 Mallard Way is conveniently located within walking distance of the railway station on Pride Park, and offers excellent accessibility to the A52 linking up with the M1 Motorway.

The property comprises a two-storey office building with the benefit of air-conditioning and 8 allocated car parking spaces.

The property is available to lease at a rent of £22,500 per annum.

Darran Severn from FHP Property Consultants comments:

“This is a great opportunity to occupy a self-contained office premises on Pride Park.  The accommodation presents well, and is ready for occupation.  The property would suit any small to medium sized business and could provide space for approximately 18-20 people.  I look forward to speaking with all interested parties.”

For further information or to arrange a viewing, please contact Darran Severn on 01332 343 222 or darran@fhp.co.uk.

Great deal done within a very quick time frame, the whole process taking one month, this demonstrating in all the doom and gloom of Brexit deals are still being done.

15 Hockley is set over three floors and is in the heart of the Lace Market, formerly being used as a marketing suite for Nottingham’s Eastside Regeneration.  The building measures in at 218.86m² (2,355ft²) and was let on a 5-year term.

Progress Law Solicitors are the new tenants, who are currently based in Halifax, using this new office as a new base to establish a presence in Nottingham.

Anthony Barrowcliffe of FHP comments: –

“My instruction was clear, to find a A2 occupier quickly preventing a void period and mitigating all costs associated with an empty building alongside a good level of rental return.  We managed to do this, and I am thrilled that all parties are happy with the terms agreed”.

For further information on how FHP can help with the sale or letting of your commercial property, or for assistance helping you find the right property to meet your requirements, please do not hesitate to contact FHP.  We also offer a variety of other services to both landlord and tenant such as reducing your business rate liability or assisting with upcoming lease events such as lease renewals or rent reviews.

For more information on this press release, please contact Anthony Barrowcliffe of FHP Property Consultants on 0115 841 1148 or alternatively email anthony@fhp.co.uk.

Excellent ground floor office suite let to Boccia England Limited at Media House on Padge Road, Beeston.  Boccia England Limited are the national governing body and charity for this Paralympic sport and are now the newest tenants of the fully occupied Media House.

The office suite measures 130m² (1,401ft²) and offers a clear span space with a shared entrance, shower, and WC facilities with excellent levels of car parking.  The specification within the suite includes gas central heating, LED lighting, suspended ceilings and perimeter trunking throughout.

Anthony Barrowcliffe of FHP comments: –

“Boccia England have been looking for a new office for some time, viewing several options with FHP.  Therefore, I am delighted we could find them an office to meet their requirement.  Currently with everything going on politically and the levels of uncertainty in the market it is encouraging to see businesses and charities making progressive office moves, especially to non-city centre office locations.”

 Chris Ratcliffe CEO of Boccia England Limited comments: –

“After an exhaustive search, we are pleased to be in an office that suits our requirements. We are grateful to FHP and Venus Estates for helping us through this process and getting things in place and the team at Boccia England is already benefitting from a much-improved working environment”.

 For further information on how FHP can help with the sale or letting of your commercial property, or for assistance helping you find the right property to meet your requirements, please do not hesitate to contact FHP.  We also offer a variety of other services to both landlord and tenant such as reducing your business rate liability or assisting with upcoming lease events such as lease renewals or rent reviews.

For more information on this press release, please contact Anthony Barrowcliffe of FHP Property Consultants on 0115 841 1148 or alternatively email anthony@fhp.co.uk.

FHP Property Consultants are pleased to be able to offer a substantial open plan office in the market town of Ripley, having excellent access to the A38 dual carriageway and also A610 Nottingham Road.

The first floor accommodation is within the Amber Valley Borough Council headquarters office building and extends to some 11,500ft² of high quality space incorporating LED lighting, raised floors, data cabling, double glazing, passenger lift and central heating.

The accommodation is offered at a very competitive rent of only £5 per ft² per annum, with service charge, utilities and with rates also very reasonable this represents an excellent opportunity to acquire economic space in an accessible location, with town centre facilities on tap.

Tim Richardson of FHP Property Consultants comments “With a shortage of open plan space available on a single floorplate this represents a great opportunity to acquire good quality office space at a very affordable rate.  Access is good, car parking is available nearby and the landlords deal with the main building maintenance and shared facilities thereby reducing the tenants obligations.  We would encourage anyone with a requirement for offices of this size in the area to visit.”

Further information is available from the agents, FHP Property Consultants, contact Tim Richardson on 01332 224 857 or email timr@fhp.co.uk.