The premises were let to Omega Red Group who are a UK market leader in electrical earthing systems and lighting protection. They have been recently acquired by South Staffordshire Plc group of companies.

The premises were let on a residue of a 12 year FRI lease from August 2002 expiring July 2014 at a rent of £75,500 per annum.  The sale price agreed was £500,000, to show an initial yield of 14.26% after costs.

Noel Roper of FHP advised the current owners throughout and comments:-

“This was a difficult property to sell, bearing in mind the relatively short unexpired term of the lease and the high office content. The property had been acquired by certain individuals and put within their pension fund. However, due to the expansion of the business it was necessary to carry out substantial works of extension and including a 2 storey office building which resulted in the property having an above average high office content. Consequently this was reflected in the sale price of the property and the appropriate yield of some 14.26%.

It should be noted that under the terms of the lease the permitted use was B1/B2 and B8 and it was on this basis that the rent was reviewed to that basis”.

END

Noel D. Roper                        

Date:  07 February 2012

Tel: 0115 8411132/Email: noel@fhp.co.uk  

A surveyor who won an award from the industry’s trade body before he had even started work has joined a key department at Nottingham property consultancy FHP.

David Richardson won the Royal Institution of Chartered Surveyors East Midlands award for the best dissertation when he was studying at Nottingham Trent University. He went on to graduate with first-class honours from a school which has produced many of the professionals in Nottingham’s property, planning and development industry.

Now, he has joined FHP’s retail and leisure department – one of the most high-profile teams serving the sector across the East Midlands and beyond. He took the job instead of another opportunity in London, and FHP retail and leisure partner Ben Tebbutt hailed the move as an endorsement of the department’s high profile.

Ben Tebbutt said: “David was torn between a job in London and the opportunity of joining us here at FHP. That David chose to come here is a very strong statement about the calibre of the work we deal with on a daily basis and the quality of the service we deliver. We have handled some of the most high profile retail developments in the city, and we routinely act on behalf of some of the most well-known High Street brands, not just in Nottingham but all over the country.

He added: “Clients expect the highest levels of advice and service and David is a welcome addition to a team which has a reputation for doing just that.”

David Richardson joins FHP from Savills, where he worked in the commercial team. At FHP, he will focus mainly on roadside retail and leisure development, together with high street disposals and shopping centre leasing.

He commented: “FHP’s reputation goes before them. Having previously worked on the delivery of some of the largest schemes in the East Midlands, it continues to play a major role in the delivery of a number of significant projects. FHP is recognised at regional and national level and I am looking forward to working on some great opportunities alongside a great team.”.”

David’s work will predominantly be focused on roadside retail and leisure development together with high street disposals and shopping centre leasing.

David can be contacted on 0115 841 1167 or by email at david.richardson@fhp.co.uk

FHP Property Consultants are delighted to announce that George Dunnicliff is now a qualified ‘Chartered Surveyor’.  George has completed two years of training and passed his Assessment of Professional Competence (APC).

George is now a member of the Royal Institution of Chartered Surveyors (RICS), the world’s leading professional body for qualifications and standards in land, property and construction.

Adam Wilson, Associate Partner and Head of the Derby Office of FHP Commented;

“I am delighted that George has now reached the status of Chartered Surveyor.  It is richly deserved and I am in no doubt that he will go on to have a successful career in property.  George has proven to be an invaluable member of the team and has already established himself as a commercial property agent.  In particular, George is now considered to be one of the key retail agents in Derby City Centre, with a number of lettings in the Cathedral Quarter area.  This qualification is testament to the hard work and efforts that George puts into his job, and I am sure that George will continue to become even more influential in the local property markets.

George Dunnicliff Comments;

“I was extremely pleased to pass my qualification and achieve the chartered status of which will put me in an excellent position for my future career. FHP has provided me with the platform of training and guidance to enable me to carry this qualification out and I would like to thank all at FHP who have helped in the process.”

Pictured left to right; Adam Wilson and George Dunnicliff.

East Midlands Property Advisor of the Year, FHP, have open a new residential office for their FHP Living brand.

The office, which sits between Caffé Nero and Escabeche and opposite Pizza Express on Bridgford Road, totals some 3,000 sq ft and has been designed by Roger Harrison Architects who commented:  “The ground floor was originally a bin store and by extending the property forward and also to the rear, we have been able to create a state of the art reception area with a stunning first floor showroom which has been finished by Charlotte Mawhood of FHP Living Interiors.”

Andy Avison of FHP Project Managers managed the £350,000 job, whilst Harry J Combellack Limited were the main contractors.

David Hargreaves, one of the founding Partners of FHP, said:  “The double height glazed shop front certainly stands out and has undoubtedly added to the attraction of West Bridgford.  Our offices, very much like our service, are very bespoke unlike anything offered by any other agent in Nottingham.”

David Hargreaves confirmed that Steve Parker will head the office, with Jules Hunt, Ollie Marshall and Alice Foster all moving over from the city centre office of FHP Living.

David Hargreaves went on to say that the opening of the West Bridgford office is a response to the demand for their sales and lettings services south of the river, but that the West Bridgford office will also benefit their clients in The Park, Mapperley Park and the City where FHP Living dominate these markets.

“We have learnt over the past 2 or 3 years that many customers look at The Park, Mapperley Park and West Bridgford and that there is significant movement between these areas.”

The Estates Gazette – the leading national property publication in the UK – featured FHP highlighting the fact that FHP have now won the East Midlands Property Advisor of the Year title four times.

They highlighted FHP’s solid financial background and the fact that the business is looking onwardly to succession.

Testimonials were provided to the EG by Charles Clowes, Chairman of the Clowes Group, who works closely with FHP on several schemes including EMDC and Castlewood who confirmed:-

“Our relationship is built on trust as we know FHP is forward thinking and highly regarded in the market.  As a consequence it protects and promotes our interests”.

Ian Shorrock of Westfield also confirmed:-

“FHP’s proactive and creative approach to leasing has enabled us to forge a strong partnership”.

FHP Property Consultants have attended a careers fair at Nottingham High School for Girls where surveyors Laura West and Lucinda Hancock were on hand to talk about career opportunities in the property sector.

Pupils, parents and staff were interested to hear about the range of different options available to those considering a career in the property industry.

Laura McAdam of Nottingham Girls High School commented:

‘’thank you for coming!  It was a great success, we are really pleased with how it went, and so grateful to yourselves and the other exhibitors that came.’’

Alastair Fearn has been invited by the partners of FHP to become an Associate Partner.  This promotion comes on the back of the change in role for Alastair which has seen him move from the Office & Industrial Agency Team to the Professional and Insolvency Department.

Andrew Chapman, Partner, commented:-

“The decision to promote Alastair to Associate Partner is a reflection not only to the contribution he has made to the Professional Department but also work in developing the growing Insolvency Department.  Since Alastair’s change in role he has been able to assist clients in a professional, personal and thorough way across a range of issues and types of property. 

His ability, attitude and work ethic are all valuable commodities which I am pleased to say contribute to an enjoyable and hopefully prosperous working environment.  I look forward to continuing to work with Alastair to ensure that we can as a team continue to develop ideas and skills to help serve both existing and new clients well.

Alastair first started FHP as a year out placement student in the summer of 2003 and after showing much enthusiasm and a willingness to get stuck into all manner of tasks, he was invited to rejoin the practice once he had completed his studies.  It was in 2006 that Alastair rejoined FHP and became a valuable member of a successful Office and Industrial Team acting on behalf of landlords and tenants in disposing of property across the region.

In 2009 Alastair gained full MRICS status and is now also an RICS Registered Valuer.

Alastair added:-

“I am pleased that my contribution to FHP has been acknowledged and rewarded.  I enjoy not only the work that I do for clients but also the working environment at FHP.  I am looking forward over the next couple of years to developing what is becoming a successful Insolvency Department and helping my clients realise the best out of their property portfolios.

END

Midlands property consultancy FHP is set to launch a new division of the business after the return of a former partner.

Jonathan Bishop has rejoined the award-winning firm to drive the development of a new corporate services department which will work with a range of public and private sector clients, including fire authorities, ambulance trusts and major businesses.

Bishop becomes a partner in the Nottingham-based/Derby consultancy, which he rejoins after seven years with another East Midlands commercial property firm HEB, where he was one of three equity partners.

At FHP, he will lead the development of solutions aimed at satisfying a range of property requirements among public and private sector clients looking for both conventional acquisitions and disposals and wider assessment of the best ways to unlock the potential within their estates and property portfolios.

John Proctor, one of the founding partners of FHP, said:

“We’re delighted to welcome Jonathan back into the business, though we’ve never really lost touch. He built up an excellent reputation during his time with HEB and he will be able to explore new opportunities with the support of FHP.

This is a challenging market for many organisations. In the public sector, financial constraints mean local authorities and emergency services are looking to deliver more efficient and effective services. They need innovative solutions to do that, whether that is by consolidating services in strategic locations or by maximising the financial potential of property which is surplus to requirements.

Jonathan will be able to develop this new FHP department in the knowledge that he has a variety of commercial, residential and technical expertise to call on.”

Bishop works with clients including fire authorities across the Midlands and ambulance trusts. He works for a number of major private sector clients, among them leading High Street optician Specsavers, for whom he handles all the office and industrial requirements, and the food production giant Samworth Brothers.

He commented:

“I very much enjoyed my time at heb and will always be grateful for the support of Jonathan Emmerson and Matthew Hilton. However, the market which I have been focusing on is changing, and I need to be able to call on the resources of a larger consultancy to be able to satisfy their requirements going forwards.

By wielding the expertise of FHP specialists in different areas of the commercial and residential market, I can enhance the service for these public and private sector clients.

Property can be a significant asset for these organisations and they need a breadth of knowledge and expertise to properly exploit it. But they want to find that expertise in one place and that is what this new approach is about.”

For further information contact John Proctor or Jonathan Bishop at FHP on 0115 950 7577.

NOTES TO EDITORS

FHP is a Midlands-based commercial property consultancy with offices in Nottingham and Derby. Its 60-strong team offers a full range of professional commercial property solutions for clients in the retail, leisure, office, industrial and investment markets.

It has been involved in some of the largest commercial property deals and developments in the region and works with national operators including Westfield and Clowes Developments.

FHP is also able to call on the expertise of its own residential property division, FHP Living, which handles the sales of select property across Nottinghamshire from boutique offices in Nottingham City Centre and West Bridgford.

FHP is the 2011 Estates Gazette East Midlands Property Advisor of the Year.

See the website www.fhp.co.uk

So, we have reached the mid-point of the year, a year in which we were supposed to build on the recovery of 2010, a year of growth and prosperity, a year in which we would see more activity both on a freehold and leasehold basis…and so how is it shaping up?  Well, without wanting to sound like a broken record there’s some good and some not so good.

Well as far as FHP Property Consultants are concerned, we have just completed our most productive and successful year as at our financial year end in May, we have created seven new jobs over the last 18 months and once again been named East Midlands Property Advisors of the Year 2011 for the fourth time in six years.  So if we are to be used as a yardstick for the state of the commercial property markets in the East Midlands, then people
should feel cautiously optimistic about the future – we certainly are.

As a firm we have been involved with the disposal of more than 2 million square feet of industrial space, 175,000ft² of office space, welcomed a staggering thirty five new tenants at Westfield Derby and let a further six retail units with three more currently under offer in Derby’s Cathedral Quarter.

However, we do need to keep our feet on the ground and be realistic.  We are not expert economic forecasters (unfortunately), however there is a lot of negativity coming from people who are, and as they say “there is no smoke without fire”.  We are far from being out of the woods and it will probably be quite some time before we are.

Beneath some of our headline deals such as the 920,000ft² letting to Marks & Spencer in Castle Donington, and all
of the lettings to the ‘high street’ retailers in Westfield Derby, lurks a market which is still particularly challenging.  Certainly the lack of funding available for smaller businesses remains a key issue and continues to impact upon demand and activity at the lower end of the market.  However, you do also sense that there is some hesitation from occupiers, uncertain as to what to do moving forward.

In our view, it is highly unlikely that better terms, whether to purchase or lease premises, can be secured than those that are currently available in the market.  There remain excellent opportunities for businesses to solve their property requirements and we would be more than happy to assist any company that is unsure as to how to take their property strategy forward.

Fisher Hargreaves Proctor are pleased to announce the appointment of Nick Trow to the residential land team. Nick successfully completed his Estates Surveying degree at Nottingham Trent University in 2000. After a number of years working for residential developers Nick switched to the other side of the fence and was appointed residential land agent with King Sturge, Initially within the Birmingham office and later as head of department within the Nottingham office.

Nick commented:

“I am delighted to join Fisher Hargreaves Proctor after what has been a challenging time for the residential development sector. It is difficult to predict the immediate future for the housing market but the general consensus seems to be that it will be a year of two halves with prices stagnating during the first half of 2011 but with something of a recovery from the summer onwards. The Centre for Economics and Business predict more mortgage finance availability in the second half of the year coupled with the “Olympic effect” in 2012 will encourage house prices to rise. It is difficult to generalise as regional variations can distort the facts, London and the South East are likely to see good price growth where the North of England who have a higher percentage of public sector workers by comparison are more likely to see a price reduction. The East Midlands however has been one of the better performing regions according to statistics released by the Land Registry where the average cost of a home based on 14,395 transactions up to the end of 2010 show a 4.7% rise across the whole region. An article by the chief economist of the RICS reported a rise in the level of transactions in the UK from 847,000 in 2009 to 900,000 in 2010. It is considered that the level of transactions in 2011 will remain at a similar level or show a marginal increase.

Despite the difficult economic conditions there has been a sustained period of deal completions during the past 12 months particularly amongst the larger house builders. The signs for the coming year are very encouraging; there remains a strong appetite for land and almost without exception all developers spoken to have expressed a desire for more development land and have the funds in place to secure it. FHP is well placed to service these developer requirements as we are currently working on a number of exciting and significant development opportunities which we will be bringing to the market this year.”

“We also understand that the nature of buying land is changing. Restrictions on obtaining and the spending of funds in addition to changes to the planning system require ever more creative solutions to achieving the best possible outcome for both vendor and purchaser.

My aim therefore is to work closely with developers to gain an informed understanding of their individual requirements and to service them accordingly. My main focus will primarily be on residential disposals and acquisitions but also looking at care home, retirement, student, hotel, pub diner/restaurant and convenience store development opportunities

“I feel that the opportunity to work for the well established and respected name of FHP will help to further develop my career. This is an exciting opportunity for me, I think FHP’s entrepreneurial, friendly and highly professional approach to business is an environment that will enable me to thrive.”

For advice in respect to land acquisitions and disposals please contact Nick on 07887 787 891 or by email nick@fhp.co.uk. 

Even in a tough market, this year’s EG award winners managed to earn significant fees and carry out some outstanding deals.  Special EG Report.

Click on link below for full article.

 Alastair Fearn who is primarily based at the Nottingham office of FHP has been appointed to act on behalf of 2 tenants in two reviews on warehousing premises located North Nottinghamshire.

The first review is on behalf of a tenant whose property is located on Crown Farm Industrial Estate, the former Enterprise Zone to the east of Mansfield. The unit extends to approximately 40,000 ft² and has a passing rent of £140,000 per annum. In this case the Landlord is seeking to gain a rental increase of approximately 20% and Alastair Fearn has been tasked with negating this increase.

The second review concerns warehousing premises on the County Estate close to Junction 28 of the M1 Motorway. This is the first review in a 10 year lease and the subject property extends to approximately 10,000 ft². The Landlord is seeking to increase the rent by approximately 35%. In this case the matter has been referred to a third party and an expert has been appointed, submissions are now being prepared for the experts consideration.

Alastair Fearn commented:

The increase in activity in the commercial marketing means that rent reviews are now becoming increasingly important as new lettings are creating evidence which Landlords are using to increase rent,. On the other foot tenants are of course looking to keep their overheads as low as possible to negate rent increases.

It is a common misconception at the moment that there is not scope for rental increases and it is really a case of market knowledge to prove or disprove whether a rent increase is justified.

In the case of the Crown Farm Unit referred to above I was approached because of my knowledge of recent transactions in the Mansfield area which puts me in a strong position to illustrate to the Landlord where the true market value of the property lies. On a building of this size pence do count so it is important to have a thorough knowledge of the area and the market.

With regard to the rent review at Huthwate we have been unable to agree with the Landlord a suitable agreement so we have referred the matter to an independent expert appointed by the RICS and submissions are being prepared.

Should you have a rent review or lease renewal coming up then it is important to gain professional advice to ensure that most appropriate terms are agreed. For a free initial consultation please contact Alastair Fearn on 0115 841 3913 or alastair@fhp.co.uk.

No, it is not a relaunch of the 70’s TV Series or an announcement for a bulk order of Audi Quattro’s but the Professional Department at FHP, headed by Equity Partner Andrew Chapman has added to its ranks with the appointment of Alastair Fearn.  Alastair has been with FHP for approximately five years working predominantly in the Office and Industrial Agency Team.  Throughout this period Alastair has gained his professional status through undertaking a wide range of instructions throughout the East Midlands in both the office and industrial markets.

The change in role for Alastair will enable the Professional Department at FHP to broaden its offer to clients through Alastair’s knowledge of the transactional market in the region. 

Alastair Fearn commented:

“I have been increasing the amount of professional based work that I have undertaken for some time so the natural progression for me was to become a full time member of the Professional Services Department.  I feel that my predominately agency background does assist me in providing the best advice to clients, whether it be landlord or tenant in relation to issues such as:-

• Lease renewal
• Rent review
• Lease re-gear

I am also in the process of advising a number of clients in relation to mitigating their business rates liabilities and have been able to make successful applications for discretionary relief on behalf of clients who are not fully utilising their premises.”

Andrew Chapman added:

“The addition of Alastair to our team will certainly enable us to service our clients across all sectors more efficiently and I am very happy to be able to draw upon his knowledge gained for the past five years in our Commercial Agency Department.  His enthusiasm and commitment are a welcome addition.”

If you have a query regarding any aspects of your property then please feel free to contact Alastair on an initial no obligation basis on 0115 8413913 or alastair@fhp.co.uk.

Award winning Chartered Surveyors Fisher Hargreaves Proctor (FHP) are delighted to announce the promotion of David Powell to Associate Partner within the Property Management Department.

David graduated from Sheffield Hallam University with a Second Class First Division degree in Urban Land Economics in 2003, and after joining Fisher Hargreaves Proctor in 2004 subsquently became a Chartered Surveyor in 2008 after passing the Royal Institution of Chartered Surveyors Assessment of Professional Conduct.

During his time at FHP David has gained a wealth of experience managing properties ranging from freehold shops, offices, and industrial units, through to multi-tenanted office blocks, mixed use schemes, and business parks predominately situated around the East Midlands. This has been undertaken on behalf of private investors, developers, management companies, and pension funds.

David commented;

“I am thrilled with my promotion to Associate Partner. Property management is often viewed as a poor relation but I believe it plays a crucial role in maintaining and improving the investment value of the properties we manage on behalf of our clients. The past couple of years have been extremely challenging and hard work, with the focus of property management work shifting. I do however consider that the experiences gained will only serve to improve the service we offer, and as such I look forward to assisting in the growth of the department!”

Rob Spencer, Head of the Property Management team at FHP commented;

“I am really pleased that Dave’s contribution and hard work within the Property Management Department has been recognised and rewarded by my fellow Partners. Dave has gained a wide range of property experience within FHP, and is now utilising this to improve the service to both clients and tenants, and to enhance our management systems.”

Fisher Hargreaves Proctor are pleased to announce the appointment of Mark Tomlinson to bring further strength to their office and industrial agency team in the Nottingham office.

Mark graduated in 2007 having achieved a second class first division degree in Business Property Management from Sheffield Hallam University and has previously worked at Mark Jenkinson and Son Valuers and Auctioneers in Sheffield and more recently in the office and industrial agency team at Innes England Property Consultants where he was mainly involved in disposals of commercial property throughout Nottinghamshire.

Mark is delighted to have joined FHP and comments:

“This is a fantastic opportunity for me having worked through a somewhat difficult market over the last 2 years. I am very excited to develop my career further as part of this highly active team at FHP and to continue working towards becoming a Chartered Surveyor.”

For advice in respect of office and industrial agency matters please contact Mark on 0115 841 1134 or by email at mark@fhp.co.uk.

Fisher Hargreaves Proctor are delighted to announce the appointment of Laura West to strengthen their office and industrial agency department in their Nottingham office.

Laura who graduated in 2006 achieving a second class first division degree in Urban Land Economics from Sheffield Hallam University has recently passed her Assessment of Professional Conduct (APC) to be elected a Member of the Royal Institution of Chartered Surveyors (RICS).  Laura joins FHP having spent the last 4 years with NG Chartered Surveyors where her experience has been focused around acquisitions and disposals of commercial property within the East Midlands.

Laura comments:

“My career started at a young age, with a clear pathway set out ahead I have enjoyed the challenges that I have been faced with along the journey.  I am excited about the opportunity of developing my future career with FHP who continue to have an active and progressive agency team as well as a major presence in the East Midlands.  Whilst the past two years have been difficult I believe I have joined the right team that will make for a interesting and very rewarding future.”

For advice in respect to office and industrial agency matters please contact Laura on 0115 841 1149 or by email at laura@fhp.co.uk

Award winning property consultant Fisher Hargreaves Proctor (FHP) has appointed Steve Young as Associate Partner within the Retail and Leisure Department of their Nottingham office.

Steve graduated from the University of Nottingham with an Upper Second Class Honours Degree in Law.  He then went on to joint Aldi’s Area Manager Graduate Scheme before joining Fisher Hargreaves Proctor in July 2006. 

Since joining Fisher Hargreaves Proctor, Steve has focused on high street retail and leisure transactions throughout the East Midlands, acting on behalf of individual clients and institutional investors such as Westfield, Hermes and Scottish Widows.

His current role is centred around Shopping Centre leasing with this year’s main project likely to be the long awaited refurbishment and reconfiguration of the Broadmarsh Centre, Nottingham for which there are likely to be a number of exciting announcements with the next eight to twelve weeks.

Steve commented:-

“I am delighted with my appointment to Associate Partner and I am relishing the opportunity of developing Fisher Hargreaves Proctor’s brand and business further over the forthcoming years.  Having worked for a corporate organisation prior to joining FHP, I have enjoyed the cut and thrust of working within a medium sized business and the entrepreneurial mentality that prevails within it.  Whilst the last eighteen months have been particularly challenging for the property sector, it has been a great opportunity for us to consider our strengths and weaknesses and improve as individual surveyors and indeed as a Practice.  I believe that the changes we have made during this period will stand us in good stead as the market improves and I am looking forward to being a part of that!”

David Hargreaves, Head of the Retail & Leisure team at FHP commented:-

“Steve approached me some 3 years ago with a rather unusual background, in that he had a law degree instead of a surveying degree, had managed supermarkets for Aldi and had worked as a waiter at World Service – not your normal CV for a surveyor.   However, the legal background and the hands-on retail and leisure experience, in my mind, would help give FHP an edge and would allow Steve to relate to our clients on the trading side as much as on the property side.  Most firms would not have given Steve the opportunity, but I am pleased to say that FHP are well-known for being forward thinking and our reward has been to see Steve develop rapidly, to the extent that he is now an Associate Partner at FHP.”

As part of the strategy to strengthen the property team in Derby, leading commercial surveyors Fisher Hargreaves Proctor have announced further key appointments.  Mark Bradley has moved from the Nottingham office to head the retail agency and landlord and tenant department and Alan Pearson has joined the practice from Nottingham agents heb.

Mark will be heading High Street retail agency in respect of disposals, lettings and acquisitions within the city centre and also covering a wider geographical area extending from the M62 to Bedfordshire and the West Midlands to East Anglia.  His retained clients include Betfred Bookmakers, for whom he acquired the former Derbyshire Building Society premises in Market Place and Cardzone trading as Paper Kisses who have recently opened in Westfield Derby Shopping Centre.

A partner of FHP, Mark has over 30 years experience in the retail property market.   A well known surveyor in the national rent review arena, Mark has undertaken numerous rent review and lease renewal cases in Nottingham, Derby and throughout the majority of towns in the East Midlands.  Mark has handled major instructions for institutional landlords on prime retail units including flagship stores such as Zara and Sports Soccer in Clumber Street, Nottingham and several cases involving properties on St Peters Street and East Street, Derby.

Alan Pearson has been appointed as Associate Partner within the retail and leisure team and brings a wealth of high street and shopping centre experience.  Alan has been appointed as joint agent for Westfield Derby, which comprises over one million square feet of space over 200+ stores and is anchored by Debenhams and Marks and Spencer. The shopping centre benefits from an annual footfall of in excess of 25 million.  Alan also acts on behalf of a number of institutional and regional landlords on disposals and lettings and is retained by menswear brand Duck and Cover who are actively seeking further stores for 2010, with 2 currently under offer, Coffee Shop operator Kona Blue who operate from Westfield Derby and Highcross Leicester and milkshake brand CookieShake.

Alan commented “There is a tremendous opportunity to build upon our existing retail presence in Derby city centre following our appointment on Westfield Derby and to extend our services into other major towns such as Chesterfield and Burton upon Trent, where we are already active but not to the degree that we would like to be.  The intention is to grow the business in Derby and the surrounding towns.

I am delighted that Westfield have appointed Fisher Hargreaves Proctor with respect to the Westfield Derby Shopping Centre. This is a fantastic scheme, which is a real asset to Derby, increasing its profile in the eyes of retailers and assisted with increasing the retail spend in Derby by £245 million and lifting it in the retail rankings from 53 to 31 (source CACI)

There has been a positive approach by retailers in early 2010 with enquiry levels significantly increasing on 2009. These have been across all sectors from branded fashion, furniture and homewares to service operators. Notable lettings in Westfield Derby this year include Pandora, Lee Longlands Furniture, Ditsch and Select.”

Mark added “Fisher Hargreaves Proctor’s continuing commitment to the city is firmly underlined by the strengthening of the retail team at the Derby office.  We will operate the retail landlord and tenant department entirely from the Derby office covering the wider Midlands region.  In the current economic climate, we are also advising several clients in respect of lease re-gearing opportunities which in the longer term can benefit both landlord and tenant and in the more serious cases, can help the business to remain solvent.”

George Dunnicliff has also re-joined FHP at the Derby office to assist with the retail agency instructions having previously spent a year with the firm as a sandwich course student and he is now working towards his professional qualification as a chartered surveyor.

Since opening the Derby office four years ago, FHP have been involved with several key projects including the Jurys Inn Hotel, Victory Park, The Carter & Carter training complex at Pride Park, the Riverlights retail and leisure development and Cathedral Quarter initiatives.

For advice in respect to retail and leisure agency and landlord and tenant matters please contact Mark and Alan on 01332 343222 or by email at markb@fhp.co.uk and alan@fhp.co.uk respectively.

Fisher Hargreaves Proctor (FHP) is pleased to announce the appointment of Graduate Surveyor, George Dunnicliff to the Derby Office.

George graduated with a BSc (Hons) in Estate Management from Northumbria University in June 2009 and rejoins Fisher Hargreaves Proctor following a yearlong placement in 2007/2008 as part of his degree. George will be working with the Agency Team, dealing with a range of office, industrial and retail instructions whilst also assisting with Professional and Valuation instructions.

George is looking forward to his role and commented,

“Accepting a graduate position at Fisher Hargreaves Proctor was always going to be a very easy decision for me.  Having had an enjoyable placement year, it was always my intention to secure a position within the firm once I had completed my degree.  This is a very exciting opportunity and one which should enable me to gain the necessary experience in becoming a Chartered Surveyor.”

This follows the recent appointment of Adam Wilson as Head of FHP’s Derby Office.

Adam Wilson commented,

“I am absolutely delighted to welcome George back into the fold at FHP.  George proved to be a bright and ambitious individual during his placement year and we fully expect him to become an important and integral part of the team”. 

Leading commercial property firm, Fisher Hargreaves Proctor (FHP), has appointed a new Associate Partner within their Derby office; Adam Wilson takes up the role as Head of FHP’s Derby office.

Adam, who specialises in professional advice including, rent reviews, lease renewals, rating, compulsory purchase compensation and valuation will now manage the day to day operations of the Derby office.

Fisher Hargreaves Proctor has long since recognised the growing importance of Derby as a successful commercial centre and is playing its part in the regeneration of the city.  The Westfield Centre shows the true ambition of Derby and Fisher Hargreaves Proctor is reflecting that in the promotion of this key member of staff.

Adam joined Fisher Hargreaves Proctor as a graduate from Nottingham Trent University in June 2005 to work within the Professional Department at their Nottingham office.

Adam says "I am absolutely delighted to have been promoted to Associate Partner and gladly accept the role as Head of the Derby office.  Since joining the Derby office in 2007 I have been involved in a variety of projects across the county and have worked with some interesting people.  I look forward to further building relations in the Derby property markets and overseeing the onward growth of this office ".

Fisher Hargreaves Proctor continues to work hard to strengthen its ties with and show commitment to the City.

Partner, John Proctor comments

"When we originally formed FHP some 20 years ago we viewed the Nottingham, Derby, Leicester triangle as one market and we have been actively involved in Derby from day one.

In response to our increased involvement within the City we opened our Derby Office approximately four years ago – over this period of time we have built stronger links with the Banks and Derby professionals and have been fortunate enough to have been involved in a number of key projects such as the Jury’s Inn Hotel, the Carter and Carter Training Complex on Pride Park, Victory Park and the Riverlights Retail and Leisure proposals.”

Of Adam, John continues..

“He has been instrumental in the onward growth of our office over the past two years and fully deserves his new status within the company – he is a highly qualified, articulate and ambitious surveyor whose long term future is committed to Derby.”

Proctor concludes by saying

“Whilst our headquarters is based in Nottingham the founding Partners are all from outside of the area.  The Derby market is equally important to FHP as Nottingham is and indeed with the changing face of Derby – particularly as a consequence of the Westfield Centre – we are excited by the challenge of continuing to help change the face of Derby.

Alongside Adam we are placing experienced Retail and Industrial Surveyors with a high level of expertise in each area.

We are excited by Derby’s progressive outlook and the future of our office – we look forward to being part of the ongoing success story within the City."

Edward Hine of FHP comments:

“FHP has always historically been strong in Newark from the Brian Fisher days and it is also gratifying for me to secure this prestige instruction in my home town.

The site is very prominently located alongside the A1 and we have planning permission in place for a range of buildings from 100,000 ft² to up to over 750,000 ft² which means that we are able to satisfy requirements very efficiently and quickly. Our clients, Gazeley have a fast track method of construction which has meant that they have completed similar buildings within a 11 week construction programme once all the legal documentation has been completed.

Before the advent of the motorway system, Newark used to be called “the key to the north” as it stands at the intersection of the A1, A46, A17 and A617 which provides good trunk road access to all points of the compass.

We have seen the emergence of the A1 as a major transport corridor over the last 10 years which is witnessed to by the fact that Dixons/Mastercare have a National Distribution Centre located opposite our site which extends to over 1,500,000 ft² and B & Q and Wilkinsons have similar facilities a little further north up the A1. The upgrade, being on the A1 from Peterborough up to the M62, will further enhance its attraction and the area is benefiting from the increased traffic coming through the Humberside ports, and as such G Park Newark offers occupiers the opportunity to secure prime space in this rapidly developing transport corridor.”  

Edward Hine of FHP comments:

“FHP has always historically been strong in Newark from the Brian Fisher days and it is also gratifying for me to secure this prestige instruction in my home town”.

The site is very prominently located alongside the A1 and we have planning permission in place for a range of buildings from 100,000 ft² to up to over 750,000 ft² which means that we are able to satisfy requirements very efficiently and quickly. Our clients, Gazeley have a fast track method of construction which has meant that they have completed similar buildings within a 11 week construction programme once all the legal documentation has been completed.

Before the advent of the motorway system, Newark used to be called “the key to the north” as it stands at the intersection of the A1, A46, A17 and A617 which provides good trunk road access to all points of the compass.

We have seen the emergence of the A1 as a major transport corridor over the last 10 years which is witnessed to by the fact that Dixons/Mastercare have a National Distribution Centre located opposite our site which extends to over 1,500,000 ft² and B & Q and Wilkinsons have similar facilities a little further north up the A1. The upgrade, being on the A1 from Peterborough up to the M62, will further enhance its attraction and the area is benefiting from the increased traffic coming through the Humberside ports, and as such G Park Newark offers occupiers the opportunity to secure prime space in this rapidly developing transport corridor.  

Fisher Hargreaves Proctor are delighted to announce the appointment of James Hartley, 27 as a Surveyor within the Nottingham office.

James who has had over three years experience within the Nottingham market at EMDA and the Nottingham Office of Savills, graduated with a Masters in Property & Investment Management from Nottingham Trent University in 2004 and is currently working towards the final stages of his APC to become a member of the Royal Institute of Chartered Surveyors.  James will primarily be focussing on office and industrial agency within the Nottingham market.

James commented, “As soon as the opportunity with Fisher Hargreaves Proctor came along I knew I had to jump at it.  It is not everyday that you get an opportunity to work for the leading East Midlands commercial property consultants.  This is an exciting move for me that will enable me to build upon the experiences I have already developed whist at the East Midlands Development Agency and Savills and I look forward to progressing my career at FHP.”

John Proctor, Partner with Fisher Hargreaves Proctor commented, “We are delighted that James has joined our team and it is further evidence of our commitment to grow and develop our dedicated team of property professionals.  I am sure that James’s experience within the Nottingham market from both a public and private viewpoint will prove a great asset in providing personal and knowledgeable professional advice and enable us to continue with our ongoing expansion plans.”

This appointment follows the appointments of Jonathan Sayer and Tom Houghton who have also joined the Office & Industrial Team at FHP’s Derby Office, increasing the size of the Office & Industrial Team to 10 surveyors at the two offices.

John Proctor added, “It is our intention to continue to grow and develop our Teams at FHP, these appointments confirming our commitment to look for talented people who have a desire to add value to what we collectively have to offer.”

FHP WIN NATIONAL AWARD FOR THE SECOND YEAR  

Nottingham firm of chartered surveyors, Fisher Hargreaves Proctor, have scooped a top national award, beating contenders from both the East and West Midlands.

Last week (26 September) in the Great Room of the Grosvenor House Hotel, London, the winners were announced by Jack Dee to a 1400-strong audience from the property community at a glittering awards ceremony and celebration.

Fisher Hargreaves Proctor (FHP) was named ?Midland Property Adviser of the Year 2007? the property industry?s most prestigious awards in the Midlands, for the second consecutive year.

In the category of Midland Property Adviser of the Year FHP beat 12 other finalists, the 12 had been whittled down to three in an on-line poll in June, the other finalists were Innes England and national firm GVA Grimley.

These annual, national property awards were run by leading property trade magazine Estates Gazette.

It?s been an exciting year for FHP. Staff numbers have increased to 60 with turnover up by 15% on the previous year. Also, for the last 3 years, FHP has been voted the most active regional agents within Nottinghamshire by Estates Gazette.

Founded in 1990, David Hargreaves, John Proctor and Andrew Chapman have built an outstanding reputation for services across its Office & Industrial, Retail & Leisure and Professional Departments as well as its FHP City Living division. The company specialises in the retail, leisure, business and residential sectors of the property market and is now one of the top 70 firms of chartered surveyors in the UK, by turnover.

Commented David Hargreaves; ?We?re delighted to win for a second year running which is down to the hard work of every member of the FHP team. We have to thank our clients and fellow professionals who voted for us which is what makes this a very special accolade. This is the top award in the Midlands and we are all very proud.?

The firm has gone from strength to strength over the years and turnover is anticipated to increase to £4.2 million this year. FHP City Living has advised on more than 30 successful developments over the past four years and is responsible for the sale of more than 1000 apartments.

Midlands’ Property Agent of the Year, Fisher Hargreaves Proctor, has acquired one of the region’s largest independent residential rentals agencies, Letting Made Easy, for its FHP City Living division for an undisclosed sum.  The Letting Made Easy client portfolio and employees will now join the FHP City Living team at their Lace Market office at Weekday Cross.

Letting Made Easy was founded 8 years ago by managing director, Claudine Edwards.  She will join Fisher Hargreaves Proctor as an associate partner and a further 3 Letting Made Easy employees will join as lettings consultants.

Letting Made Easy specialises in the rental and management of residential properties across Nottinghamshire to the professional market ranging from one bedroom city centre apartments to luxury country mansions.

David Hargreaves, equity partner of Fisher Hargreaves Proctor, commented: “The takeover of Letting Made Easy will strengthen our position as the region’s leading residential rental and management consultancy.

“Letting Made Easy’s established corporate client base will complement our business within the City Centre, The Park and Mapperley Park.  The highly regarded team led by Claudine will see our residential lettings and management team increase to 10 people.

“This acquisition will also see our management portfolio increase to over 300 individual properties, whilst we also manage 21 residential apartment blocks.”

Since launching 2½ years ago, the FHP City Living rentals division has firmly established itself as one of the city’s leading operators, specifically in the Park, Mapperley Park and city centre areas, more than tripling its team and turnover within this time.  The firm also launched the subdivision FHP Student Living earlier this year to manage specialist student accommodation schemes. 

FHP City Living has recently expanded into additional office accommodation on Weekday Cross and is installing new IT systems in preparation for the arrival of the Letting Made Easy team.  The transition is due to complete in full early September.

Claudine Edwards commented: “The excellent client relations for which Letting Made Easy is renowned will be maintained throughout the transition and continued.  The takeover will strengthen our established market position – FHP City Living is a well recognized and aspirational brand, known for its cutting edge marketing and results led strategy and I am sure the two businesses will merge seamlessly.  We’re all looking forward to joining forces with a progressive company and taking our combined market leadership to an even higher level.”

Nottingham Minis played their first fixture at Northampton Old Scouts in the presence of world cup winner Steve Thompson with yet more successes on the pitch.   U7 & U8, both fielding 2 sides each ended up as Runners Up.   U10 shared the spoils with Bedford after a 1-1 draw.   And U9, again fielding 3 sides saw the C group battle valiantly narrowly losing 2 games through missed tackles to finish the season on a high note beating Bedford 5 – 2. Nottingham B won all their league games against some quality opposition to end up cruelly drawn against Nottingham A in the semi final. Nottingham A then beat a strong touring side from Marlow in the final 2 – 0.   U11 and U12 enjoyed mixed fortunes although there were smiles all round as they signed off their Minis careers by backs and forwards swapping roles in their last games for some serious fun to end of the season.  

This has been a phenomenal season for the Fisher Hargreaves Proctor sponsored Minis and for the first time ever every age groups has won some silverware.   Head of Minis, and U9 Coach Tom Mawhood said ‘We have enjoyed a wonderful season supported by some excellent coaching and management teams, supportive parents, and enthusiastic and talented children. Our U6 group has grown from 5 to 35, every age group has seen an increase in numbers with U9 topping out with 42 active players at the end of the season. Mini rugby at Nottingham is a credit to the hard work and dedication of a sizeable volunteer group and hugely rewarding for me personally. Special thanks to David Hargreaves at Fisher Hargreaves Proctor who has been  our lead sponsor for the second year running and who also spends time with coaching sessions with each of U11, U9 and U8 as he juggles his time between his 3 sons.

Its not over yet though – U9 still have their Twickenham final to look forward to with the possibility of extending their trophy haul to 8 for the season.’   The Minis are having their end of season BBQ and awards on Sunday 6 May – fun kicks off at 11.30 when the mums take on a team of 1st XV players and/or Coaches with the awards commencing about 12.00.  

Fisher Hargreaves Proctor (FHP), Midlands Property Advisor of the Year, has signed up for a second year of sponsorship with Nottingham Rugby Football Club’s (NRFC) Minis and Juniors.

Last Sunday (24^th September), FHP partner, David Hargreaves, presented a cheque for £6,500 to NRFC chief executive, Tom Mawhood.

The backing of the Minis and Juniors not only provides the team with FHP emblazoned kit for the second year running.

Tom Mawhood, said: "The support of Fisher Hargreaves Proctor has helped us to develop the Minis and Juniors section of Nottingham Rugby Football Club. Primarily the objective is to provide a fun and enjoyable environment in which to nurture children’s participation in sport. When this is combined with high quality training there is a wonderful opportunity for the children to make lasting friendships whilst developing into players who may go on to play amateur club rugby or represent the senior first  XV. The Minis and Juniors are essential in ensuring the future success of the Club.” 

In total more than 300 children attend the Sunday morning sessions, ranging from the under 6 squad through to the Academy Under 19 team.

David Hargreaves, said: "Our sponsorship of Nottingham Rugby Football Club is about putting something back into the community. It’s great to see so many children with their parents attending training on a Sunday morning and participating in team sports.  Last year the Minis and Juniors competed in numerous tournaments around the region and we hope that they have an equally enjoyable and successful season this year. 

“What we like about Nottingham Rugby Football Club is the family spirit and the camaraderie between all members of the Club; children, parents and coaches, right through to the professional first XV players, who come down to help with training sessions during the season. This means the children have full access to their ‘heroes’ in the First Team both on the training ground and at their home matches at Meadow Lane."

The renewal of FHP’s backing of the Minis and Juniors squad follows other activities with the Club. Becoming the official sponsors of Nottingham Rugby Football Club’s first home game of the season against Exeter showed recognition of the other sporting achievements currently taking place in Nottingham.

John Proctor, partner at FHP, added: “It’s important that Nottingham businesses get behind sport.  If we have successful sports teams, be they Rugby, Football or Cricket, the City becomes an easier proposition to sell. This is why in the past we have also sponsored the Trent Bridge Juniors at Nottinghamshire County Cricket Club, the teams representing the West Bridgford Colts Football Club and not forgetting Ben Dunbar who has risen through the world under 18 tennis rankings in his aspirations of reaching Wimbledon.