Professional Services News

FHP Property Consultants continue as a business to build upon our previous years successes, offering a full property consultancy service including valuations, rent reviews and lease renewals, together with business rates and compulsory purchase advice.

We also remain recognised as one of the leading experts in providing valuations into the education sector, in particular helping schools achieve Academy status.

At FHP, we act for many different types of occupiers throughout the region. Within the team, we have a wealth of experience in dealing with diverse properties both further afield and within the East Midlands, from the offices in Nottingham and Derby.

However, when local knowledge is helpful, the FHP team are particularly well experienced when it comes to Derbyshire, Staffordshire, Leicestershire and Nottinghamshire.

The main areas of work our team is able to offer include the following:

VALUATIONS

FHP are panel valuers to most high street banks and also provide valuation advice for a number of other lending institutions, for loan security purposes, acquisition and refinancing.

We also undertake valuations for other purposes including pension funds, accounting purposes and acquisitions. We have valuation experience in all commercial property sectors and residential development sites.

With an improvement in both the commercial and residential property markets, the need for valuations has grown as the banks have become more able to lend. We have seen evidence of this with an increase in the levels of work across Derbyshire and other areas of the East Midlands.

Values have been increasing due to the increase in demand and a relatively stable supply.

The feel good factor is back in the market. However, with the economic conditions and a potential “Brexit” looming, there is some delay being experienced within some businesses decision-making process.

Once the referendum is over, we will have some certainty although leaving the European Union could be many years into the future, should the decision be taken to leave the EU.

BUSINESS RATES

In readiness for the impending 2017 Rating Revaluation, when all non-domestic properties throughout the UK are being revalued for the first time since 2010, it is important to remain ahead of the game and be fully prepared when the draft list is published later this year.

LEASE RENEWAL AND RENT REVIEWS

FHP are able to undertake all aspects of landlord and tenant work, and our local expertise is invaluable when negotiating new terms.

FHP act for either landlords or tenants, and can extend across the spectrum of commercial (offices and retail predominantly) and industrial properties.

COMPULSORY PURCHASE ADVICE

The continued improvement of road and public infrastructure has meant that we have been very busy advising claimants on Compulsory Purchase matters.

Existing clients include Broxtowe Borough Council, Nottinghamshire County Council and the University of Nottingham, who are all impacted by the Nottingham Express Transit System where Phase 2 opened in August 2015.

PROPERTY MANAGEMENT

We have an experienced and dedicated property management team who collect rent, administer service charges and deal with day to day property matters across a range of estates. We act for a diverse range of clients and properties across both commercial And residential sectors.

We are more than happy to provide non obligation initial advice to any concern or problem – simply call one of the team.

Contact Kate Cholerton or Jon Marriott at FHP Property Consultants on 01332 343222.

End May 2016.

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