FHP continues its long standing involvement with the expansion programme for Betfred Bookmakers by acquiring three new shops in the first months of 2015.

Two of the units, Shirebrook and Great Barr, Birmingham were new locations and the third in Hucknall is a relocation for their existing branch which is subject to a CPO for the proposed town centre inner relief road.

Mark Bradley who acts for the bookies commented:-

“Betfred has been targeting Shirebrook for some considerable time but the lack of suitably sized premises had thwarted previous attempts. However a large unit at 26-28 Market Place was acquired by a local developer, and terms were quickly agreed off market for a pre-let subject to refurbishment to provide 1,200ft² on a prominent corner site fronting the Market Place.

At Great Barr, this was a strategic move at the Scott Arms Shopping Centre where an opportunity arose adjacent to the busy public house providing a better location than nearby competition. The unit has the benefit of an existing A3 consent so could be occupied for A2 enabling the lease to be completed in a relatively short timescale.

In Hucknall, the freehold of 41-43 High Street was acquired as a relocation for their existing branch. The new shop will provide a larger trading area and will ultimately benefit from the pedestrianisation of High Street once the new relief road opens.”

Betfred continue with their expansion programme throughout the Midlands and East Anglia and any suitable opportunities containing around 1,000 – 1,200ft² ground floor sales should be forwarded to Mark Bradley markb@fhp.co.uk / 01332 343222.

The retail market in Bulwell remains healthy despite the economic downturn with a bidding war occurring on a prime property in Main Street being marketed by FHP Property Consultants.

The premises at 223 Main Street were available to let on a new lease following the expiry of the existing tenancy to a beauticians.

There was a strong level of interest from both the national retailers and local independents which resulted in the property being let to Marie Curie Cancer Care at a rent in excess of the asking terms on a 10 year lease with no rent free incentives.

Mark Bradley of FHP Property Consultants commented:-

“Bulwell has bucked the trend in terms of retail demand due to a combination of factors including the lack of supply of prime retail units and the demographics of the local economy which are “value” orientated with the letting to the charity shop epitomising the situation.

The letting will now assist our private investor client as this transaction can be used as evidence on the forthcoming lease renewal of the adjacent shop within her ownership and will further improve the investment value of the property.”

FHP Property Consultants acting on behalf of a private property company landlord have let 75 High Street, Alfreton to Ashgate Hospice Charity Shops, who are a Derbyshire based charity operating from Chesterfield.

The premises, which comprise ground floor sales of 2,160ft² together with first floor storage of 1,081ft² were let on a 10 year lease subject to a tenant only break option at the end of the fifth year on a stepped rent averaging £28,200 per annum.

Mark Bradley of FHP Property Consultants who acted for the landlord jointly with Ockleston Bailey of Chester commented:-

“We were pleased to secure this letting to Ashgate to assist with their expansion programme throughout Derbyshire. The size of the sales area suited their requirements ideally and the fact that our client had taken the initiative to put the premises in a condition ready for immediate occupation enabled the transaction to move swiftly once terms were agreed.”

If you are looking to let or sell your retail premises in any of the Derbyshire towns, please contact Mark Bradley at our Derby office on 01332 224852 / 07887 787884 / markb@fhp.co.uk

• Prime pedestrianised location
• Fitted with suspended ceiling and air conditioning
• Opposite main entrance to Priory Shopping Centre
• Rear servicing

• Busy location opposite bus stops
• Fitted with suspended ceiling
• Close to Boots, Post Office, Barclays and HSBC Bank

• Established city centre leisure circuit location close to other bars/restaurants
• A3 planning consent granted
• Ground floor restaurant 5,452ft² – £77,500 pa
• Basement wine bar 1,981ft² – £35,000 pa
• Available separately or combined

• Busy pedestrianised location on Cornmarket
• Close to Primark, Superdrug and Caffe Nero
• Situated within the Cathedral Quarter BID
• Alternative uses considered

• Suitable for A2 or A1 use
• Rear servicing at ground floor level
• Disabled WC installed

• Opposite the main entrance to the Swansgate Centre
• Busy pedestrianised location
• Close to Costa Coffee, QD Stores and Orange
• Both front and rear servicing to the unit
• Current planning use Class A1 (retail)

• Prominent position fronting the busy Market Place
• Adjacent to Greenwoods and Lloyds Bank
• Fully pedestrianised location
• The freehold with vacant possession on the ground floor but subject to a lease on the upper floors is available for sale – price on application

• Prime frontage to Gaolgate Street
• Close to Marks & Spencer and Sports Direct
• Unit size 3,500ft² to 10,000ft² ground floor
• Smaller ground floor units can be made available by further subdivision
• First floor retail/leisure – up to 24,000ft²

• Retail units available individually or combined
• Locted on main pedestrian route between Asda and the town centre
• Individual units contain 774ft² (No.42) and 696ft² (No.44)
• Each unit fitted with suspended ceiling/lighting
• A2 planning consent granted for no.42

• Large retail unit with extensive frontage
• Busy pedestrianised location opposite Tesco
• Individual units of 2,182ft² and 2,495ft²
• Rent for individual units – £75,000 pa

• Prominent main road position
• Busy neighbourhood parade with nearby car park
• Close to Aldi and Iceland

• Prime pedestrianised location close to Marks & Spencer
• Benefit of A2 planning consent
• Nearby retailers include Topshop, Greggs and Dorothy Perkins

• Potential additional first floor sales available up to 148.64m² (1,600ft²)
• Close to Primark, Superdrug and Caffe Nero
• Alternative A2 or A3 uses considered
• Situated within the Cathedral Quarter BID
• Individual units available at rents of £25,000 pa for No.32 and £42,500 pa for No.34

• Situated on northern fringe of Stafford town centre
• Planning consent for A1, A2, A3 & A5
• Excellent opportunity
• Offers invited on sublease

• Prime city centre location
• Close to entrance into Intu Derby
• Property comprising three retail units available individually or combined
• Nearby occupiers include Lee Longlands, Poundland, Nationwide and Co-op Travel

• Prime position close to entrance into Intu Derby
• Can be taken as a whole or on a floor by floor basis
• GF Lobby 1,755ft², FF Sales 12,358ft², SF Sales 12,784ft² and TF Stores 7,356ft²
• A1 (shops) planning consent
• East Street is an established retail location with occupiers in the vicinity to include; Co-op Department Store, Thats Entertainment, Argento, The Co-operative Travel, HMV, Burger King, T Mobile, ELC and Poundland