Anthony Barrowcliffe of FHP Property Consultants is pleased to announce an excellent industrial letting at 17A Catton Road in Arnold to Aristeia Group Limited on behalf of our client Nigel Rhodes of D.L. Rhodes & Son Limited.
As soon as the marketing was launched the interest flooded in with ten viewings conducted and numerous offers received. After conducting the necessary due diligence on each party and getting in their final offers, we narrowed this down and I am delighted that in the end we went with Aristeia Group Limited. This company consists of two ambitious, young, hungry entrepreneurs which showed throughout our meetings and the presentation of offers made.
The unit comprised a simple industrial/warehouse unit within a shared, secure gated yard measuring 1,273ft².
Anthony Barrowcliffe of FHP Property Consultants commented:
“A great result was achieved and as always a pleasure to work with Nigel Rhodes whose proactiveness and willingness to conduct full refurbishments makes the whole process work seamlessly. The amount of interest this small unit generated was incredible and demonstrates how well the market in Arnold is performing and moving on. Due to this we urge any potential owners within Arnold, Daybook and Nottingham to please contact FHP as we had a number of parties miss out on this opportunity and they remain active in the market.”
Nigel Rhodes of D.L. Rhodes & Sons, the landlord commented:
“Anthony is the best agent I have worked with in a while, he is hungry, young and full of energy which is exactly what I am after from my agents. Not only does he know how to bring forward interest he knows how to broker deals. I can’t praise him enough on his performance on my two units in Arnold and his constant success at Quayside Court in Colwick”
Abriz Akbar of Aristeia Group Limited, the new tenant commented:
“Anthony was fantastic to work with as well as being true to his words with respect to terms and expectations.”
For further information on this transaction or to see how FHP can help you with any commercial property matter, please contact Anthony Barrowcliffe on 0115 9507577 / anthony@fhp.co.uk.
Throughout the sale Anthony was very professional and supportive. He always kept us up to date with where we were and I would give him a 5 star rating!
Anthony Barrowcliffe of FHP Property Consultants is delighted to announce on behalf of Independence Products Limited, the successful sale of the long leasehold of 30 Northern Court, Basford, Nottingham to Lee Jackson Air Conditioning Limited, the new owner occupier.
Immediately upon commencing the marketing interest and enquiries were being received and after the second block viewing we found the perfect buyer. After a short period of negotiation the price and terms were agreed and solicitors instructed.
30 Northern Court sits on a prominent corner plot in an established industrial location in Basford and consists of recently refurbished offices and warehouse space on a gated secure plot. The unit measures 2,479ft² and had 87 years remaining on the long leasehold.
Jennifer Cartwright of Independence Products Limited commented:
“Throughout the sale Anthony was very professional and supportive. He always kept us up to date with where we were and I would give him a 5 star rating!”
Anthony Barrowcliffe of FHP Property Consultants commented:
“I am thrilled with the outcome of this sale for my client and although at times this transaction was difficult as there were lots of moving parts, all parties pulled together to get it over the line. The interest has never stopped coming in for this property and throughout the legal process my phone has not stopped ringing with enquiries. This demonstrates that the market in Basford for industrial stock is hot with demand clearly outweighing supply.
Due to this we urge any property owners within Basford or Nottingham to contact FHP as we had a number of parties miss out on 30 Northern Court and they remain active in the market.”
For further information on this transaction or to see how FHP can help you with any commercial property matter, please contact Anthony Barrowcliffe on 0115 9507577 / anthony@fhp.co.uk.
“I know I am going to be really happy working here. It is such a beautiful, adaptable building and perfect for my business needs. We were on a tight timeframe when we put the offer in and Anthony at FHP was just brilliant! Such a great communicator and very proactive! Great job, well done! Thank you.”
FHP are delighted to announce the sale of the former Kingdom Hall Building on Redcliffe Road, Mansfield to Koolkids-Toys. The building consisted of a former religious building/assembly hall with a F1 Use Class measuring 2,414ft².
Jacqueline Lowe of Koolkids-Toys began the business as a hobby which quickly grew into a career and small business selling educational toys and books, party bag toys and wooden toys.
Anthony Barrowcliffe of FHP commented:
“I first met with Jaqueline at a viewing of another property I was selling. Koolkids were being made to relocate due to redevelopment of their existing property.
From our initial meeting we discussed not only Koolkids requirement but their feelings towards a traditional industrial estate premises which Jacqueline felt was too cold and a bit stark. Therefore, with some vision and lateral thinking we considered Kingdom Hall which was a self contained building steeped with character. Jaqueline made an offer subject to a change of use application which we were delighted was accepted and we proceeded to sale.”
Jacquline Lowe, owner of Koolkids-Toys commented:
“I know I am going to be really happy working here. It is such a beautiful, adaptable building and perfect for my business needs. We were on a tight timeframe when we put the offer in and Anthony at FHP was just brilliant! Such a great communicator and very proactive! Great job, well done! Thank you.”
For further information on this transaction, other opportunities or to see how FHP can help you with industrial, office or retail premises please contact Anthony Barrowcliffe of FHP Property Consultants on 07557 972008 or email anthony@fhp.co.uk.
Whilst always focused on ‘doing the deal’ and letting, selling and acquiring industrial and distribution space throughout the East Midlands, we constantly monitor the local market to try and keep on top of market trends from quarter to quarter and indeed year to year.
Even in the bizarre year of 2020 we received some of the highest numbers of weekly and monthly enquiries we had ever seen, generating record numbers of viewings and indeed deals.
Looking back on the year now, 2020 was very busy!
Manufacturing and distribution sectors and specialities across the board created demand, but in particular, we found ourselves constantly engaging with a huge range of occupiers across a broad spectrum of business sectors. Restructuring was certainly on the minds of many occupiers but equally expansion plans were prevalent and whilst it would be wrong to ignore those companies downsizing, we found that the vast majority of enquiries were from companies looking to take on more space not reduce their gross floor area.
The year was capped off in December 2020 when we encountered more enquiries than we had ever had in that month since our records began. As frivolous as it seems, we put this down to a lack of holidays, business parties and Christmas celebrations as we all seem to be working harder and longer than ever which saw a terrifically busy if frantic end to the year with success achieved across the board.
All size ranges in the market in the East Midlands seem to be strengthening still, probably the star performers are those units of less than 10,000ft² where supply is virtually non-existent and demand is strong; as soon as we put a property on the market in that sector it seems to be let or sold within days.
This strength is mirrored through so many size ranges and whilst we found ourselves still in the midst of a pandemic with limited information as to when it may end, our market continues to remain strong and demand outstrips supply leading to us regularly searching and asking clients for more space to market to meet the ongoing demand encountered.
Is this the new normal? Who knows is the answer, but what can be guaranteed at the moment is that we are working as hard as ever to find and let/sell space to a market which seems set fair for another positive and productive year despite the ways of the world and the conditions we are all having to endure.
FHP remain here to help and we would be delighted to discuss how we can assist clients old and new with the marketing of their surplus space or indeed try and help tenants and purchasers alike to find their new building and continue the economic positivity we have found throughout 2020 and early 2021.
Please contact the FHP Team at any of our offices in Nottingham (0115 9507577), Derby (01332 343222) or Birmingham (0121 7525500).
FHP are very pleased to bring this industrial unit to the market on the established Moorbridge Road estate in Bingham, Nottingham.
A semi-detached industrial unit with excellent car parking/yard to the front with a gross internal area of 5,588ft². The unit benefits from 4.5 eaves, full height roller shutter door, 3 Phase power and offers a clear span warehouse space with small office.
The unit is a virtual freehold with the benefit of the original 999-year lease (Title NT278127) and is available to purchase at a price of £395,000 (£70.68 per sq ft).
Anthony Barrowcliffe of FHP Property Consultants who is marketing the property commented:
“Yes, it is true, I am selling a 5,588ft² warehouse in Bingham….
A great warehouse ideal for an owner occupier or potential investor in the ever-growing Bingham which provides superb road links to the A46, A52, A1 and M1 Motorway.
The market is starved of good quality industrial units within this size bracket, especially on a freehold basis so I look forward to marketing this site and engaging with the market.”
For further information on this transaction, the industrial market, other opportunities or to see how FHP can help you please contact Anthony Barrowcliffe of FHP Property Consultants on 07557 972008 or email anthony@fhp.co.uk.
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