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!

Junction 26 of the M1 motorway has always been a hot spot for enquiries, estates around this area with access to the region’s main distribution network have always been favoured, and it’s great therefore that we have a new instruction to bring on just under 9,000ft² of space on Blenheim Park, within minutes of the motorway.

To be marketed by Tim Gilbertson and Chris Proctor, a new lease is available on the building which offers really good quality space at just under 9,000ft² which will be refurbished in the next few weeks with the imminent departure of the current occupier.

With the benefit of extensive allocated parking, the building offers simple straightforward production or storage space, and it’s hoped interest will be generated quickly in a market that still remains very short of stock.

Tim Gilbertson of FHP Property Consultants commented:-

“I let this building originally 10 years ago which proves two things.  Yes, I’m a lot older than I look and secondly this is a cracking location as the current occupier has had 10 years of good use out of the building.  Our landlord clients are going to refurbish and make the building look pristine, it’s immediately available to view and I suspect it won’t hang around for long.

If any party would like to discuss or arrange to take a look then please contact Chris Proctor or myself and we would be delighted to take matters from there.”

For full details or to arrange to view, please contact Tim Gilbertson (07887 787 893 / tim@fhp.co.uk) or Chris Proctor (07747 464 770 / chris@fhp.co.uk) of FHP Property Consultants.

ENDS

26 March 2021

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.

FHP Property Consultants are pleased to confirm the letting of units 3 and 4 Ecclesbourne Park Industrial Estate, Cotes Park Lane, Alfreton, Derbyshire.

The property comprises 9,897ft² of good quality industrial/warehouse accommodation and is situated on the well located and popular estate of Ecclesbourne Park.  The unit has been let to Lymers Assist who have signed a new lease for a term of 5 years.

Darran Severn of FHP Property Consultants comments:

“This is a great result for everyone involved and we were able to turn this letting around within 3 weeks from the initial viewing to lease completion. There continues to be a lack of stock around Junction 28 of the M1 and we are continually speaking with local occupiers in this area, who are actively seeking units for expansion.  There is great demand for modern warehouse units between 10,000ft² and 50,000ft²  both on a leasehold and freehold basis.

If you are looking for a similar property, then we have just placed units 1 & 2 Ecclesbourne Park on the market on a leasehold basis.  This unit measures 9,915ft²  and will be available in June.”

For further information on this letting or to discuss your property requirements from either a landlord or tenants perspective, then please contact Darran Severn of FHP Property Consultants on 07917 460 031 or darran@fhp.co.uk.

19 March 2021

Since starting my new role with FHP in September 2020, the increasing demand of industrial/warehouse units paired with the consistent lack of supply, has been an ongoing topic of conversation amongst the FHP industrial team. Despite the uncertainty of the past 12 months, demand for UK industrial/warehouse space continued to grow and fared better than any other commercial property sector.

Indeed, the pandemic and ensuing lockdowns has accelerated the shift to online, leading to a surge in demand from Ecommerce and Post & Parcel operators, however, encouragingly we have found the demand is no higher from distribution companies than it is from manufacturers, with enquiries coming from a plethora of sectors.

Over the year, demand has strengthened across all sizes ranges, but in particular for those units circa 5,000 sq ft and under. To showcase a few, I have recently put two small warehouse units under offer at Viking Business Centre, a popular trading estate in Swadlincote. 2,035 sq ft of office/workshop premises on Victoria Way, Pride Park, is under offer to an Ecommerce business, and 5,000 sq ft at Osmaston Park Industrial Estate in Derby is under offer to an operator within the distribution sector. Additionally, 611 sq ft at Amber Business Centre in Riddings went under offer within a matter of days of it coming to market.

This take-up arises from a mix of new start-ups alongside the expansion of existing businesses. In many circumstances, demand is so high that rental figures increase, and despite a challenging economic backdrop, we believe 2021 will continue to witness inflationary pressures on rents.

Thanks to the high volume of transactions, there has been a significant decrease in availability and vacancy. As a result, we are now faced with a growing shortage of suitable stock as supply is unable to cope with the unprecedented demand. Every day I am speaking with parties who express their dismay that they have completely outgrown their unit, and every day I feel so disheartened to tell them that I don’t have any stock available in order to help. We need more stock!

If you would like to discuss disposing of your industrial or warehouse premises, then I would be happy to help. Please contact Estée Coulthard-Boardman on 01332 224 853 or estee@fhp.co.uk .

19 March 2021

I have recently employed the services of FHP to assist in finding a tenant for my commercial premises on Burma Road Blidworth. Chris Proctor and Steve Gillott visited the premises, advised on rent and proceeded to market the property. Within one day of viewings a suitable tenant was found. The whole process was completed within a month with Chris overseeing all and dealing with it in the most professional manner. I cannot thank the team at FHP enough for helping me with this process.

Chris Proctor and Steve Gillott of FHP Property Consultants are delighted to announce on behalf of private clients the letting of Units 1 and 2 Burma Road, Blidworth to PB Property Developments Limited.

From the date of instruction to completing the letting was inside 28 days, with FHP quickly organising the marketing, undertaking six viewings at the property, receiving three offers and selecting PB Property Developments as the preferred tenant.  PB Property Developments were swift in the legal process, agreeing the lease and arranging completion.

FHP’s client, Lucy Neville, commented:-

“I have recently employed the services of FHP to assist in finding a tenant for my commercial premises on Burma Road Blidworth.  Chris Proctor and Steve Gillott visited the premises, advised on rent and proceeded to market the property. Within one day of viewings a suitable tenant was found.  The whole process was completed within a month with Chris overseeing all and dealing with it in the most professional manner.  I cannot thank the team at FHP enough for helping me with this process.”

Chris Proctor of FHP Property Consultants commented:-

“The demand and interest received for this particular property was remarkable and we were able to quickly finalise negotiations with PB Property Developments and have the lease entered into within 28 days of taking on the instruction.  This has been a fantastic result for both the landlord and the new tenant who has expanded in the local area, and we would urge any property owners within Blidworth and Mansfield to please contact FHP as we had a number of parties miss out on this opportunity 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 Chris Proctor on 07747 464 770 or email chris@fhp.co.uk.

ENDS

16 March 2021

FHP Property Consultants are pleased to bring to market Units 1 and 2 Ecclesbourne Park Industrial Estate, Cotes Park Lane, Alfreton.

Ecclesbourne Park is located on the Cotes Park Industrial Estate, a well established industrial and distribution location with access directly off the A38, close to Junction 28 of the M1 motorway.

The property provides excellent storage/production space extending to approximately 921m² (9,915ft²).  The premises benefits from two full height loading doors and separate personnel access doors along with allocated parking and a large delivery yard.

The units are available on new lease terms at a rent of £52,055 per annum.

Darran Severn of FHP Property Consultants comments:

“I’m pleased to place this property on the market and I look forward to speaking with prospective occupiers.  We recently completed the letting of Units 3 & 4 Ecclesbourne Park in a deal which took 3 weeks from the initial viewing to completion.  There continues to be a lack of stock in this size range and I expect to receive good levels of interest.”

For further information or arrange to view, please contact either Darran Severn (07917 460 031/darran@fhp.co.uk), Estée Coulthard-Boardman (07917 576 251/estee@fhp.co.uk or our joint agent Stuart Waite of CPP (07432 472402/stuart@cppartners.co.uk).

12 March 2021

The Industrial and logistics market continues to perform and there is very much a lack of space throughout the East Midlands.  With this in mind, Darran Severn of FHP Property Consultants is pleased to bring to market approximately 50,000ft² of good quality warehouse accommodation at West Hallam Industrial Estate on the edge of Ilkeston, Derbyshire.

Darran Severn comments:

Located approximately 7 miles north east of Derby and 10 miles west of Nottingham, the property offers affordable industrial/warehouse space benefitting from both dock and level access loading bays. 

West Hallam Industrial Estate benefits from good road links with Junction 25 of the M1 located approximately 6 miles south east via the A52 and Junction 26 of the M1 located approximately 9 miles north via the A610. 

The property is immediately available on new lease terms and at £3.75ft² is very affordable.  I look forward to speaking with all interested parties.” 

For further information on the building or to discuss or arrange to view, please contact either Darran Severn (07917 460 031/ darran@fhp.co.uk), Tim Gilbertson (07887 787 893/ tim@fhp.co.uk) or Chris Proctor (07747 464770/ chris@fhp.co.uk).

11 March 2021

With the market still performing well and stock in short supply, FHP Property Consultants are pleased to bring to the market a good quality modern warehouse or industrial unit on the popular Park Lane Business Park in Kirkby-in-Ashfield just off the A38.

Offering modern storage/production space, the building is well-specified and immediately available.

Extending to 468m² (5,033ft²) the building is offered on a new lease and early interest is sought.

For full details or to arrange to view, please contact Chris Proctor (07747 464 770 / chris@fhp.co.uk) or Tim Gilbertson (07887 787 893 / tim@fhp.co.uk) of FHP Property Consultants.

ENDS

Tim Gilbertson

Director

9 February 2021

“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.”

Having to move an office complex at any time can be time consuming and expensive but during the current situation even more difficult.

FHP and Chris Proctor in particular have helped us make this move smoothly with the minimum amount of fuss and expense.

I would have no hesitation in using FHP for any further move or acquiring further space for our operation

Baxter House received a lot of interest both from a letting angle and interest from purchasers. The QTS offer made a lot of sense with a highly established tenant looking to invest into the property long term and make the premises its Midlands HQ. We look forward to working with QTS in the coming years and once again a big thanks to Tim Gilbertson and Chris Proctor of FHP Property Consultants who sourced and negotiated this deal on our behalf.

Signing the lease on Baxter House is a pivotal moment for QTS, in terms of our planned growth and our commitment to Nottingham. The site itself is perfectly located and the property provides us with the space we need to house our equipment and our people, when the time is right for us to fully return to the office environment.

Thank you to FHP for making the transition of this deal go smoothly and we look forward to making Baxter House the hub of our operations in England.

Opportunities to rent good quality warehouse or production space on a large site are always sought after in every area of our East Midlands market, so when given the chance to dispose of good quality production space on a large site in Linby close to Junctions 26 and 27 of the M1 motorway, Tim Gilbertson and Chris Proctor always anticipated strong interest in the building.

This expectation turned into reality having to turn down any number of disappointed parties for the building with a letting now completed to QTS Group Limited one of the country’s leading railway contractors providing specialist services across a range of areas.

With the deal moving from agreement of terms to completion and handover of keys within a matter of weeks, this is a deal that has hugely suited both landlord and tenant alike as Tim Gilbertson and Chris Proctor of FHP Property Consultants commented:-

“We put this property under offer originally within a couple of days of it coming to the market towards the end of 2020.  Unfortunately, our original intended tenant couldn’t proceed which is always a disappointing message to have to convey to clients.  However, we were confident that we could quickly replace this tenant as we had, as all good agents should, kept in touch with the market and ensured that there was at least one fallback option to take the building on.  As ever, when that situation happens it’s always frustrating to have to inform clients of the need to ‘go again’ but equally, it’s great to be able to make another potential tenant happy and conclude a deal as we have done this time around with QTS Group.

QTS have been a pleasure to deal with throughout, performing admirably as our clients and their solicitors have as well to ensure rapid exchange of contracts to enable keys to be handed over within a few weeks of the property coming back available again.

It’s yet another example of the strength of the local market and the speed of lettings, demand ranging across all sizes and locations throughout the East Midlands in what remains a pleasingly strong market where demand is far outweighing supply.

Hopefully we will have the chance to market similar premises in the near future as properties with large yards/car parks are always very well received and very much sought after.”

Thomas Marshall, Operations Director at QTS, commented:-

“Signing the lease on Baxter House is a pivotal moment for QTS, in terms of our planned growth and our commitment to Nottingham. The site itself is perfectly located and the property provides us with the space we need to house our equipment and our people, when the time is right for us to fully return to the office environment.

Thank you to FHP for making the transition of this deal go smoothly and we look forward to making Baxter House the hub of our operations in England.”

Matthew Wrigley from PMW Property, the Landlords, commented:-

“Baxter House received a lot of interest both from a letting angle and interest from purchasers. The QTS offer made a lot of sense with a highly established tenant looking to invest into the property long term and make the premises its Midlands HQ. We look forward to working with QTS in the coming years and once again a big thanks to Tim Gilbertson and Chris Proctor of FHP Property Consultants who sourced and negotiated this deal on our behalf.”

For further information on the deal or to discuss properties that we have available to rent and buy throughout the East Midlands, please do contact Tim Gilbertson (07887 787 893 / tim@fhp.co.uk) or Chris Proctor (07747 464 770 / chris@fhp.co.uk) at FHP Property Consultants.

ENDS

Tim Gilbertson

Director

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.

It’s great to bring to the market some much needed cost effective production or potential storage space in Kirkby-in-Ashfield, one of the region’s industrial and distribution heartlands just off Junction 28 of the M1 and the A38.

FHP Property Consultants have been appointed to market for sale or rent a detached unit which sits on a good sized securely fenced and gated site, which is currently used for production purposes but could potentially be used for warehousing too.

The building extends to 26,000ft² and it is anticipated that strong interest will be received on both a purchase and rental basis.

For further information or to arrange to view, please contact Anthony Barrowcliffe (07557 972 008 / anthony@fhp.co.uk), Chris Proctor (07747 464 770 / chris@fhp.co.uk) or Tim Gilbertson (07887 787 893 / tim@fhp.co.uk) of FHP Property Consultants.

ENDS

Tim Gilbertson

24 February 2021

We are delighted to have worked with Tim and the landlord to secure this fantastic space in Mansfield to continue our expansion plans. The extra space will allow us to increase our current production capacity significantly, create more jobs and expand the services we currently offer. After the last year which has been unprecedented for most of us and tough on everyone it is welcoming to have a positive milestone to focus on.

FHP Property Consultants has let good quality production space in Mansfield to expanding local business Foil Smart.

Acting on behalf of private pension fund clients, the deal sees just under 7,000ft² let to Foil Smart, one of the region’s leading trade laminators.

At a time when good quality production or warehouse space is in such high demand, it was pleasing to quickly dispose of this space after a previously abortive transaction.

Tim Gilbertson commented:-

“It’s been a pleasure dealing with Foil Smart throughout and I wish them well in their new premises.  We had extensive interest in this building which should come as no surprise given the excellent presentation our clients ensured, the ongoing good demand in the market and very limited supply of space.

A five year lease has been secured without break and we are sure this building and letting will serve both landlord and tenant well for many years to come.”

Foil Smart’s representative commented:-

“We are delighted to have worked with Tim and the landlord to secure this fantastic space in Mansfield to continue our expansion plans. The extra space will allow us to increase our current production capacity significantly, create more jobs and expand the services we currently offer. After the last year which has been unprecedented for most of us and tough on everyone it is welcoming to have a positive milestone to focus on.”

For further information on this deal or to have a chat and see how FHP can help you with the letting or sale of any property, please contact Tim Gilbertson on 07887 787 893 or email tim@fhp.co.uk.

ENDS

Tim Gilbertson

Director

19 February 2021

FHP Property Consultants are pleased to have been instructed to market 2B Aspen Business Park, Spondon on a leasehold basis.

The property has excellent access to the A52 dual carriageway on the east side of Derby and therefore has good access to the M1 motorway at Junction 25.

The building comprises an end terraced industrial/warehouse unit which has been extensively fitted out as good quality offices with ancillary storage.  The offices are fitted to a high specification including suspended ceilings with lighting, air conditioning and heating, double glazing and windows at first floor.  There is also a full height loading door and 3 phase power.

The property is available on new lease terms at a rent of £19,000 per annum.

Darran Severn of FHP Property Consultants comments:

“The unit is currently used for offices but would equally be suited to light storage or lab/studio space.  The accommodation provides a total of 5,440ft² which is split over two floors.  I’d be delighted to discuss the opportunity and show interested parties around at any time.” 

For further information or to arrange a viewing, please contact either Darran Severn (07917 460 031/darran@fhp.co.uk) or Estée  Coulthard-Boardman (07917 576251/estee@fhp.co.uk).

17 February 2021

Acting on behalf of Clowes Developments, we are delighted to see practical completion of the latest three new units to the Castlewood Business Park scheme, Castlewood Court at Junction 28 of the M1/A38.

The units were practically completed in the first week of February and during the early stages of construction, the first deal was struck with CST Industries who relocated from Alfreton taking just under 25,000ft².

During construction there have been plenty of interested parties in both Unit 11B and Unit 11C, respectively 31,000ft² and 11,000ft², each available to buy or rent, with one of the units likely to go under offer in the next couple of days.

As ever, space is moving fast at Junction 28 of the M1!

Tim Gilbertson of FHP Property Consultants, who is marketing the scheme, commented:-

“We were so delighted when our clients, Clowes Developments, confirmed that they would speculatively build further space on the site.  We have moved over 1.5 million sq ft of space at Castlewood over the last few years and having more speculatively built stock available is great news.  It’s no surprise that one of the three buildings is already let and another is virtually there, and therefore for any occupiers looking to buy or rent in the region, we do hope they will contact us shortly to arrange to have a look around as I don’t think these units will be available for long.

There is further speculative build on the site in the pipeline for the future but as the old saying goes – once these units are gone, they’re gone!”

James Richards, Development Director at Clowes, commented:-

“I’m very hopeful that we will be confirming the second occupier at Castlewood Court within the next few days and with the amount of interest already generated in the remaining building, hopefully it won’t be long until the third and final occupier comes along.

We intend to build out speculatively again on the site but that does provide a time delay so for any occupiers wanting space sooner rather than later, please do speak to our Agents now, although we do have further land available for both speculative and Design and Build deals for occupiers to buy or rent manufacturing or distribution space on the site.”

For further information on the scheme, please contact Tim Gilbertson (07887 787 893/tim@fhp.co.uk) or Chris Proctor (07747 464 770/chris@fhp.co.uk) of FHP Property Consultants.

ENDS

Tim Gilbertson

Director

15 February 2021

The building took much longer than usual to sell, due to Corona Virus lockdowns, with 3 potential purchasers pulling out. Throughout this time, however, Chris Proctor remained totally positive with a substantial number of showings, so that he now knows the building better than anyone. He was also instrumental in keeping momentum going in the final weeks of the selling process when discussions became protracted. Thank you to FHP and to Chris Proctor in particular.

On behalf of retained clients, FHP Property Consultants are delighted to announce the completion of Unit 2 Moreland Street in a long leasehold sale to Nottinghamcar.com.  The property, which extends to over 13,000ft² in size, has been sold to local business Nottinghamcar.com who will utilise the space for their expanding business.

Angus Macrae, the Vendor, commented:-

“The building took much longer than usual to sell, due to Corona Virus lockdowns, with 3 potential purchasers pulling out. Throughout this time, however, Chris Proctor remained totally positive with a substantial number of showings, so that he now knows the building better than anyone. He was also instrumental in keeping momentum going in the final weeks of the selling process when discussions became protracted.  Thank you to FHP and to Chris Proctor in particular.”

Chris Proctor of FHP Property Consultants commented:-

“This was a difficult property to sell given the age and fairly short long leasehold term remaining, however, we worked tirelessly with the client and Russell Thompson of Massers, the client’s solicitor, to achieve an excellent result and both a happy client and new owner of the property.”

For further information, please do not hesitate to contact Chris Proctor on 07747 464 770 or email chris@fhp.co.uk of FHP Property Consultants.

ENDS

Chris Proctor

Associate Director

Date:  15 February 2021

FHP Property Consultants are pleased to have been instructed to market Unit 7 Prime Industrial Park, Shaftsbury Street, Derby, DE23 8YB.

Prime Industrial Park is situated fronting Shaftsbury Street on the A514 Osmaston Road, a main arterial road which connects the inner and outer ring roads in Derby.  The property comprises industrial/warehouse accommodation and incorporates a roller shutter loading door accessed from a courtyard.  Along the side elevation of the unit are 2 storey offices ideal for administration, light assembly or packing.  The accommodation totals 359.26m² (3,867ft²).

The property is available to let on new lease terms at a rent of £20,950 per annum.

Darran Severn of FHP Property Consultants comments:

“I’m pleased to bring this opportunity to market.  The industrial sector remains active and we have recently placed units 9 and 10 at Prime Industrial Park under offer.  Unit 7 offers a mix of warehouse and office accommodation and presents well.  I look forward to speaking with all interested parties.”

For further information or to arrange a viewing, please contact Darran Severn of FHP Property Consultants on 07917 460 031 / darran@fhp.co.uk or contact joint agent, Stuart Waite of CPP on 0115 896 6611 or stuart@cppartners.co.uk.

10 February 2021

We’re delighted to get this over the line. We are expanding our Nutritional Supplement manufacturing capacity and delighted to do this within Nottingham with the creation of new jobs. We are very grateful to Chris and Tim of FHP for their support and assistance throughout the process.

Acting on behalf of long-term pension fund clients, Tim Gilbertson and Chris Proctor of FHP Property Consultants are pleased to announce the successful letting of Units 4 & 5 Glaisdale Point on Glaisdale Parkway, one of Nottingham’s favoured locations.

The two deals that completed at the end of January saw the estate, with twelve good quality industrial/distribution units, return to full occupancy following the completion of five year leases to Chrysalis Health & Beauty Business Solutions Ltd and ProTec Nutra Ltd.

Having worked on behalf of our clients on this estate now for well over a decade, Tim Gilbertson commented:-

“It’s great to have concluded the letting of these two units on Glaisdale Point, an estate I helped our clients buy many years ago now which has served them well.

By their judicious management and investment in the estate, we continue to run it at nearly always full occupation and when units do become available, they tend to let quickly due to their good specification, excellent location and a landlord which is both proactive and sensible in its approach to marketing.

Over the years, the investment value of the scheme has risen hugely and it’s been a pleasure to work with our clients throughout.

Indeed, given the state of the market at present, we would be delighted if there were more units available as we’ve had to turn down any number of other parties for the last two units on the estate when agreeing these deals and that’s symptomatic again of the state of the market in general – good demand and just not enough space!

We wish our new tenants well and thank them for their assistance in seeing the deals over the line, they’ve been a pleasure to deal with throughout.”

Chris Smith of Chrysalis Health & Beauty Business Solutions Ltd, the new tenants, commented:-

“We’re delighted to get this over the line.  We are expanding our Nutritional Supplement manufacturing capacity and delighted to do this within Nottingham with the creation of new jobs.  We are very grateful to Chris and Tim of FHP for their support and assistance throughout the process.”

Tim Gilbertson concluded by adding:-

“It’s lovely to conclude deals with expanding companies already based in Nottingham and surrounding areas and we are sure the buildings will serve the new occupiers well.  It’s just a shame that due to the lack of space available we have had to disappoint any number of other good quality potential tenants.”

For further information on these deals or to see how FHP Property Consultants can help market your commercial property, please contact Tim Gilbertson (07887 787 893 / tim@fhp.co.uk) or Chris Proctor (07747 464 770 / chris@fhp.co.uk).

ENDS

Tim Gilbertson

Director

9 February 2021

When acting for landlords it’s obviously key to not only try and obtain long-term tenants and competitive rental figures, but also to minimise void periods between the departure of one tenant and the start of a new lease to another.

In the latest deal completed by Tim Gilbertson of FHP Property Consultants pleasingly all three key criteria have been satisfied and in particular the complete lack of void period was well received by FHP’s client as Tim Gilbertson comments:-

“I put this building on the market in the last quarter of 2020 and was delighted to do so having let it to the current tenant a few years ago who was moving on to bigger and better things but had a lease running until the second quarter of 2021.  With his imminent departure though there was a great opportunity here for us to market the building and try and find a new tenant immediately in the hope that we could then agree an early surrender with the outgoing tenant, allied with simultaneous completion of the lease to a new occupier to ensure no void period or lack of income for our client.

There’s never any guarantee in this scenario that deals will happen this way, but it was great to see that our aims were achieved here as a new long-term lease was concluded to Direct Roofing Systems for their local expansion, providing them with a fantastic new home, and also importantly seeing continuity of occupation and income for our client with the original tenant moving out on the same day that the new tenant took occupation.

A great result all round, and again it’s great to see a locally based company expanding further in modern storage space for which there continues to be a real lack of supply.  We wish Direct Roofing Systems well for the future.”

FHP acted on behalf of private pension fund clients and their spokesman commented:-

“It was a pleasure working with Tim Gilbertson at FHP once again who has an excellent knowledge of the local property market. Mindful of the previous tenant’s intention to vacate the property to a larger unit in June, we seized the opportunity and secured Direct Roofing Systems as a new tenant at an improved rent to reflect this resilient market sector. It was important for Direct Roofing Systems to take occupation within an extremely tight timescale but the collaborative effort of all parties concluded the transaction in both a timely and satisfactory manner.”

Direct Roofing Systems are a locally based company and their expansion into the building will hopefully serve them well for their future.

For further information on this deal or to see how FHP can help dispose of your property then please give Tim Gilbertson a call on 07887 787 893 or drop him an email tim@fhp.co.uk.

ENDS

Tim Gilbertson

Director

3 February 2021

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.

Chris Proctor of FHP Property Consultants is delighted to confirm on behalf of FR Somerset Limited that their newly refurbished site at Birchwood Way, Somercotes, Alfreton has been let to Burrows Recovery Limited.

Chris Proctor of FHP Property Consultants who acted on behalf of the landlord commented:

“This site suits Burrows Recovery perfectly given the oversized yard area on a self-contained securely fenced and gated site.  My client has undertaken a good quality refurbishment which has resulted in a successful letting to Burrows Recovery.

Myself and Tim Gilbertson from the FHP Industrial & Logistics team are looking for further space to Let and Sell in the area with more active business requirements currently unfulfilled. Please get in touch with us today if you have a property you’re considering renting or selling or you’re a tenant/purchaser searching for property.”

For further information please do not hesitate to contact Chris Proctor of FHP Property Consultants on 0115 841 4798 / 07747 464 770 or email chris@fhp.co.uk.

ENDS

Chris Proctor

Date: 26 January 2021

FHP Property Consultants are pleased to have been instructed to market Units D1 and D2, Long Eaton Industrial Estate, Long Eaton on a leasehold basis.

Long Eaton Industrial Estate is located on the South side of the town centre within close proximity of J24 of the M1 motorway.  The two units are available individually or combined and offer accommodation of 21,162ft², 41,301ft² or 62,463ft².  The warehouses will offer top quality refurbished space which is immediately available on a new lease for a duration of 5 to 10 years.  The refurbishment is due to complete in March 2021.

To be marketed by Darran Severn and Chris Proctor of FHP, they commented:-

“We are delighted to have put these units on the market.  There is little stock of this size available in Long Eaton so we are hopeful of finding a new tenant quickly. 

The specification includes lighting, level access loading and 6 metre eaves.  The landlord is currently carrying out a comprehensive refurbishment which includes a new roof and roof lights.  In addition the property benefits from a good sized yard and car parking. 

We look forward to speaking with interested parties.”

For further information or to arrange a viewing, please contact Darran Severn (07917 460031/ Darran@fhp.co.uk), Chris Proctor (07747 464770/Chris@fhp.co.uk) or our joint agent Sean Bremner of CPP (07541 505980/sean@cppartners.co.uk).

21 January 2021