FHP ACHIEVE LETTING OF KINGFISHER HOUSE IN ILKESTON

Office News

FHP Property Consultants are delighted to announce the letting of Kingfisher House in Ilkeston, a self contained two storey office building constructed approximately 10 years ago.  The building has been let to P3 Charity, an organisation who provide services for vulnerable and disadvantaged people creating routes out of homelessness and social exclusion.

This marks an expansion in the Charity who occupy the neighbouring property and have doubled their size requirement following significant increase in take up of their services.

Mark Tomlinson of FHP Property Consultants commented: –

“The office market generally in this area of Nottinghamshire has been difficult over the recession years with the majority of activity in the area being from the industrial and distribution sectors which have been fairly positive for some time.  It now appears that the office market is slowly but surely catching up and I was very pleased with the amount of interest which we received in this building from the outset.  The property was marketed for 3 months, we undertook a number of viewings and completed the letting within 6 months of the initial instructions.  This is a very short time scale in the current market.

The main reason I can see for this is the lack of supply of good quality office accommodation in this area of Nottinghamshire, Kingfisher House offers modern open plan accommodation over two floors with decent levels of car parking onsite and these factors were not lost on the local office occupiers.

It is positive to see that the local occupiers were viewing the building and bringing forward serious proposals to expand their businesses.  I hope that this more progressive thinking among small to medium businesses continues into 2014.”