Acting in conjunction with John Sambrooks of Gerald Eve, Tim Gilbertson is pleased to bring to the market a rare chance to rent superbly located well-specified distribution or potential production space at Junction 28 of the M1.

Set within minutes of the motorway, the building falls empty in March and at that stage, the landlords will undertake a full refurbishment to present the building in the best possible condition.

The specification is already excellent as Tim Gilbertson commented:

“After the amount of space that has been let and sold around Junction 28 over the last twelve months, it’s great to have this really good quality building coming available just off the A38 at Junction 28 of the M1.  Currently used for storage purposes but equally suited to production, the building benefits from both dock and level access loading, good sized car park, 10 metre eaves and a secure self-contained yard with easy access and trailer parking.

Our clients will also undertake a complete refurbishment of the building once vacant, and with it literally adjoining the A38 set within a couple of minutes’ drive of the motorway, this one should go quickly.

I’d be delighted to discuss the opportunity and show interested parties around at any time.”

For further information on the unit or to discuss or arrange a viewing, please contact either Tim Gilbertson (07887 787 893/tim@fhp.co.uk) or Chris Proctor (07747 464 770/chris@fhp.co.uk) at FHP Property Consultants or John Sambrooks at Gerald Eve (JSambrooks@geraldeve.com/07919 624 512).

ENDS

Tim Gilbertson

Date: 25 January 2021

Acting on behalf of private clients, Darran Severn of FHP Property Consultants is pleased to confirm the letting of Unit 8 Newmarket Court, Ascot Drive, Derby.   The property comprises 2,873ft² of modern warehouse accommodation situated in a prime position on Ascot Drive.

The premises have been let to local charity Community Action Derby.

Darran Severn from FHP Property Consultants comments:

“I’m pleased to say the industrial/warehouse market remains positively active.  2020 was an interesting year but despite the challenges we all faced this sector remained resilient and I am delighted this momentum has continued in to 2021.   

This was not a straightforward letting whereby we were instructed by the existing leaseholder who no longer required the property.  We were able to agree a simultaneous lease surrender alongside the granting of a new lease.  This resulted in an excellent scenario for all parties involved.  Ascot Drive continues to be a sought after location and that enabled us to put this unit under offer very quickly.”

Paul Brookhouse from Community Action Derby comments:

“It is great to now have this unit to allow us to access bulk quantities of food banks to those most in need at this time.  Thanks to FHP for their support with getting this over the line.”

For further information on this letting, please contact Darran Severn on 01332 343222 or Darran@fhp.co.uk.

20 January 2021

FHP Property Consultants are pleased to bring to market Unit 9 Prime Industrial Park, Shaftsbury Street, Derby.  Prime Industrial Park is situated fronting Shaftsbury Street on the A514 Osmaston Road, a main arterial road connecting the inner and outer ring road.

The property comprises industrial/warehouse space and incorporates a roller shutter loading door.  The accommodation extends to 8,560ft² and is available to let on new lease terms.

Darran Severn of FHP Property Consultants comments:

“This is a great opportunity to acquire economic industrial/production space.  There is further opportunity to combine this unit with Unit 8 Prime Industrial Park to provide total accommodation extending to 16,736ft².   We are seeking rents in the region of £3.50ft² which is extremely competitive.   I look forward to speaking with all interested parties.”

For further information or to arrange a viewing, please contact Darran Severn on 01332 343222 or Darran@fhp.co.uk.

20 January 2021

FHP Property Consultants have been instructed to market various warehousing and hardstanding sites at West Hallam Industrial Estate, Ilkeston, Derbyshire.  West Hallam Industrial Estate is located approximately 7 miles north east of Derby and 10 miles west of Nottingham and benefits from good road links being close to Junction 25 of the M1.

The estate is fully secure, with CCTV and full perimeter fencing, and benefits from 24-7 security incorporating a gatehouse.  The availability includes warehousing from 6,500ft² and hard surfaced land from 0.5 acres.

Darran Severn from FHP Property Consultants comments:

“I am delighted to have been instructed to market these opportunities and I expect these to be popular with local occupiers.  The warehouse accommodation offers low cost storage space and is ideal for anyone on a tight budget with rents starting at £2.20 per ft².  The hardstanding land is split into plots from 0.5 acres upwards.  The sites are to be herased fenced and will be finished with a hardcore surface.  Rents for the plots will start at £20,000 per acre.

Please do get in touch if you would like to discuss further or arrange to view.  I look forward to speaking with interested parties.” 

For further information or to arrange a viewing, please contact Darran Severn on 01332 343222 or Darran@fhp.co.uk.

20 January 2021

In difficult times we are delighted to have completed the sale with a local company who will be expanding in their business into this wonderful location. Tim Gilbertson and FHP have played a fantastic role for us in bringing together a sale which suits both parties, I can’t thank Tim and his expertise enough.

Acting on behalf of long-term clients, Tim Gilbertson of FHP Property Consultants is pleased to confirm the sale of substantial premises in Alfreton totalling just under 60,000ft² which have been sold to expanding local company Autochair Limited.

The strength of the freehold market throughout 2020 has been shown yet again by this sale which concluded just before the Christmas break, one of the few buildings of this size which has been available in the region throughout the last twelve months.

Tim Gilbertson who acted on behalf of the vendor commented:-

“It was a pleasure to act for what has been a long-term client of mine on this sale and see such a good result achieved just before the Christmas break.  Equally, it’s also always a delight to help a local company expand as part of any transaction and with the success that Autochair have had over the last few years which has necessitated their need for more space, it’s great to see a local company expanding and buying good quality space in such testing times as we have all endured over the last year.

I’m sure the building will serve Autochair Limited well and I wish them terrific success as they continue to march forward and grow their business.”

Phil Young of Autochair commented:-

“It has been a pleasure dealing with the seller and their professional team of advisors, even more so during the challenging year of 2020 when we all had to adapt and make changes.  Moving forward into 2021, we look forward to moving into the new facility and continue the growth of Autochair.”

FHP acted on behalf of long-term clients who commented:-

“In difficult times we are delighted to have completed the sale with a local company who will be expanding in their business into this wonderful location.  Tim Gilbertson and FHP have played a fantastic role for us in bringing together a sale which suits both parties, I can’t thank Tim and his expertise enough”.

Tim Gilbertson concluded by adding:-

“What a great start to the year and let’s hope that 2021 is productive from a business perspective but hopefully more enjoyable and safer for one and all.

Even in these early days of the year, despite the further lockdown we are all now suffering, we have already seen the phone ringing and emails popping up regularly with enquiries from parties looking to rent or buy industrial or distribution space throughout the region, and it seems again most likely that stock levels will remain low despite the continuing economic challenges the country faces as a whole.

It’s always dangerous to try and predict ahead in such turbulent times, but from a pure “supply and demand” basis, it does seem as if we are set for another year of continued rent and capital value increases, coupled with an overall lack of supply and good demand throughout all sizes of the industrial and distribution market throughout the East Midlands.

Hopefully though, more stock will come forward and we would be delighted to discuss marketing any buildings within the East Midlands from clients old or new to try and satisfy the demand which seems to remain in place as it was throughout 2020.”

For further information on the sale or to see how FHP can help you with any commercial property matter please contact Tim Gilbertson on 07887 787 893 or email tim@fhp.co.uk.

ENDS

Tim Gilbertson

Date: 18 January 2021

I am pleased to announce the completion of this leasehold transaction.  P&S Healthcare had been looking to relocate for years and I had personally shown and discussed several options with them over the months/years, with none of these options fulfilling their needs, prior to being instructed on 2 Robey Close.  P&S Healthcare were previously based in Hucknall so Linby suited in terms of location and the building specification worked perfectly.

In this transaction I represented the tenant who had several years remaining on their lease but no longer had a need for this 4,035ft² unit.  I was instructed to assist them and to mitigate their position the best I could.  After a short period of marketing and reviewing live requirements we engaged with P&S Healthcare and managed to agree a surrender and re-grant which suited all parties involved.  Agreeing a surrender with the landlord on behalf of the existing tenant Oshino Lamps (UK) Limited and a new lease on excellent lease terms with P&S Healthcare.

Anthony Barrowcliffe commented:

“I am exceptionally pleased with this deal and to demonstrate that we also act on the tenant side as agents.  I thoroughly enjoyed working with all parties on this transaction with everyone acting professionally and efficiently rounding off a superb transaction, you could say the stars aligned on this one! 

P&S Healthcare are an established family run manufacturing business who have produced and distributed high quality garments for over 30 years and just recently face masks.  

The Hucknall and Linby market is a strong one and I hope to win more instructions in these areas as I most certainly have the requirements.”

For further information on this transaction, the industrial market, or 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.

Property development and investment company, CEG, has appointed Harris CM to deliver the next phase of the multi-million pound redevelopment of the Vesuvius site in Worksop.

The Yorkshire-based construction company will move onto site this week to deliver the first phase of 46,000 sq ft of industrial and retail space adjacent to the recently opened Asda superstore.

Providing three flexible food and beverage units and 16 light industrial units ranging from 1,200 to 5,000 sq ft, subsequent phases will offer larger employment units including speculative as well as pre-let, design and build development.

The first pre-let has already been secured to Burger King with a number of other deals well progressed with a variety of occupiers. This first phase will be ready for occupation in summer 2021.

Antonia Martin Wright, head of investment at CEG, said: “This first phase of employment units will establish Vesuvius as the prime industrial and business location in Worksop. It will be the largest speculative scheme of this scale and quality in Worksop for many years and demonstrates CEG’s commitment to the town.

“We are encouraged by the interest in the site and with such a shortage of supply of well located, flexible accommodation we expect it to swiftly let, particularly as improved road networks and new homes are bringing more inward investing businesses into the area.”

In 2018, supported by D2N2, CEG delivered a £5.5million package of works to create a new roundabout and access road opening up the site and remediating it for redevelopment. Asda completed its 70,000 sq ft foodstore and petrol filling station last year creating 200 new retail jobs. CEG has planning permission for more than 200,000 sq ft of employment space on the 47.5 acre site.

D2N2 LEP CEO, Sajeeda Rose said: “The Vesuvius site represents a landmark development for Worksop and the wider area. The major investment provided by D2N2 will have a transformative effect by attracting investors and businesses and unlocking opportunities for new jobs, supporting our collective ambitions to rebuild and grow our economy.”

Cllr Jo White, Cabinet Member for Regeneration at Bassetlaw District Council, said: “We very much welcome this next stage of development which achieves The Council’s long-term ambitions and vision for the former Vesuvius site, Worksop and Bassetlaw as a whole.  

“By working with developers like CEG, together we are able to create additional jobs and opportunities for local people, as well as provide extra services. Our strategic involvement in the site also means that there are good transport connections with a bus route that ensures the site is accessible to more people.

“We look forward to Harris CM starting work very soon and for this part of Worksop to become a key employment site.”

Chris Proctor & Anthony Barrowcliffe from FHP and Fisher German have been appointed to market the site.

Chris Proctor, Associate Director at FHP, said: “This is a fantastic speculative development from CEG offering high quality brand new small trade and industrial units to rent. We already have both national and local occupiers under offer on the scheme, which shows the strength of the location and quality of the proposed new build units. I would encourage businesses to contact myself or Fisher German for more details on this excellent opportunity.”

Ben Flint from Fisher German added: “Fisher German is delighted the scheme is moving forward to the next stage. This is an important development for Worksop and its business community, and one which will provide plenty of new jobs within the area. It is very encouraging that we already have a good number of pre lets agreed to well-known national trade and industrial occupiers, and with the new Asda site next door, this is the foremost commercial development within Worksop. With the demand for industrial and trade space remaining strong over the past twelve months, we encourage any potential interested parties to get in touch with Fisher German or FHP as we expect take up to increase further now construction work has started.”

For further information please do not hesitate to contact Chris Proctor (07747 464 770 / chris@fhp.co.uk) of FHP Property Consultants.

ENDS

Date:  13 January 2021

Chris Proctor and Thomas Szymkiw of FHP Property Consultants are delighted to announce on behalf of the landlord Abbeyfield Investments, that a warehouse of 39,986ft² has been let to Pivotal Impartment Limited and the front office of 3,483ft² has been let to Kingfisher Professional Services Limited. This brings the site to full occupancy alongside existing office tenants Kier.

Andy Yang, Director of Pivotal Impartment Limited commented:-

“We are very pleased with the quick entry, it helped our business a lot with last years space emergency. Mr Cole and his teams are very professional and understandable, we are glad to do business with them.“

Chris Proctor of FHP’s Industrial Agency Team commented:-

“Having dealt with Andy Yang previously in 2017 when letting him his warehouse on Mark Street, Sandiacre we were quickly able to identify Abbeyfield Road as an excellent location for his e-commerce business expansion. Abbeyfield Road is excellently located in close conjunction to urban areas and with access directly onto the A52 and in close connection to J24, J25 and J26 M1. I wish Pivotal Impartment Limited all the best with their expansion.”

Thomas Szymkiw of FHP’s Office Agency Team commented:-

“This fantastic office building, located on Abbeyfield Road presented a rare opportunity for Kingfisher to move operations over from Grantham to Nottingham and provides them a modern office building in a prominent location, fronting the A52 Ring Road.

It is ever more pleasing that the company has decided to make such a key decision during these challenging times and I wish them all the best for the future.”

Innes England were joint agents on the deal.

For further information please do not hesitate to contact Chris Proctor (07747 464 770 / chris@fhp.co.uk) or Thomas Szymkiw (07896 035 805 / thomas@fhp.co.uk) of FHP Property Consultants.

ENDS

Chris Proctor

Associate Director

Date: 13 January 2020

Clowes Developments is set to bring forward the first phase of a new industrial park in the Derbyshire town of Long Eaton after planning permission was granted for almost 30,000 sq ft of space.

The scheme will consist of seven new trade counter and warehouse units totalling in 28,095 sq ft of speculative development.

Phase 1 will offer units available to buy or rent from 2,734sq ft up to 5,511sq ft with the ability to combine units if required. The units will be jointly marketed by FHP Property Consultants and  NG Chartered Surveyors.

Planning was granted by Erewash District Council in December 2020 and contractor Roe Developments will start on-site this month with a proposed completion date of third quarter of this year.

Clowes Developments says it will be offering further phases of the development on the 5-acre site with the ability to offer units up to 30,000 sq ft in size to buy or rent.

Hannah Bailey of Clowes Developments added: “There have been considerable changes impacting on the infrastructure in and around Long Eaton as a result of HS2. Many business owners will be looking to relocate, and this will be the perfect opportunity to brief our experts to design and build a facility that is exactly right for their specific requirements. We look forward to welcoming new business to the site on a freehold or leasehold basis.”

Chris Proctor, Associate Director of FHP Property Consultants said: “This is a fantastic new scheme by Clowes Developments, which will offer high quality trade and warehousing units. We already have one national name under offer, which highlights the strength of this location. This is an excellent opportunity to buy or rent a brand-new high-quality unit on a prominent well located new trading estate that has been starved of opportunities of this nature for well over a decade now. We look forward to talking with both local and national occupiers on the remaining available units.”

Richard Sutton, managing director of NG Chartered Surveyors, said: “The Long Eaton market has been crying out for a scheme like this for too long, it’s a really exciting proposition and a genuine good news story for 2021.

“The lack of stock in the area below 10,000sq ft is guaranteed to make these industrial units highly desirable to businesses who are ready to move to the next level and would be perfect for any ambitious company looking to expand, relocate or have a presence in Long Eaton. This is borne out by our first pre-let which is only the start of what promises to be a fantastic development and a welcome addition to properties available in Erewash.”

ENDS

12/01/2021

FHP Property Consultants are delighted to launch the marketing of a brand new office/warehouse development at Platt Lane in the village of Keyworth, south of Nottingham.  The opportunity will be situated next to a fine selection of new build homes and within walking distance of the village centre.

The units are being offered in a size range of 2,000ft² to 10,000ft² and will provide excellent quality office/industrial buildings all situated on a shared and secure yard area with additional private parking facilities.

The estate will also benefit from fantastic transport links to Nottingham, Newark on Trent and Leicester with the location being in close proximity to both the A46/A52 dual carriageways, the latter giving good access to Nottingham’s Inner Ring Road and M1 Motorway.

Thomas Szymkiw of FHP’s Office & Industrial Department commented:

“As high quality new build units south of the river are a rarity, I am delighted to be launching such an exciting scheme to the market.  As expected, interest has already been high and I would encourage any interested parties to also get in touch to discuss the opportunity”.

For further information on Platt Lane, or to see how FHP could help you with your property requirements, please do not hesitate to contact Thomas Szymkiw on 07896 035805 or thomas@fhp.co.uk.

Tim Gilbertson, Director of FHP Property Consultants, concluded 2020 with the sale of substantial premises on Belton Road West in Loughborough to expanding Leicester based company, Fashion UK Limited.

The deal completed sees over 30,000ft² of well-specified space occupying a prime position in Loughborough sold to this expanding Leicester company following the initial expansion and relocation of FHP’s client, Selective Marketplace Limited, to new facilities at a purpose-built site in Loughborough.

The deal was agreed and handled by Tim Gilbertson of FHP who commented:-

“This was a real race against time as both parties wanted the deal done before Christmas with simultaneous exchange and completion being achieved at 3:30pm on Christmas Eve!  A great effort all round and I’m delighted to have achieved a sale of our client’s former premises following their expansion and relocation to new purpose-built facilities in Loughborough.  The sale also helps the expansion of the new occupiers, Fashion UK Limited, who are based in Leicester and we wish them well in their new facility.

We generated lots of interest in this sale, Loughborough is always a strong market with very few freehold buildings being traded each year.  A great result but always disappointing to have to turn away other potential buyers but that’s a reflection of the East Midlands Industrial and Distribution market as a whole, good demand and not enough space.  Our market will hopefully remain strong throughout 2021 despite the ongoing uncertainty in the world.”

Tim Gilbertson acted on behalf of the former owners of the premises, Selective Marketplace Limited, and their Operations Director commented:-

“I have worked with Tim before on the negotiations to buy our new premises and was impressed with the speed in which we moved on that deal but the commitment to making the sale of our Belton Road site happen was exceptional.  Tim and the team are pragmatic, honest and exceedingly proactive.

I’m not sure there are many agents who would have pushed a deal over the line so late on Christmas Eve.  We retain FHP as our sole agents as we take the next step to rationalise our property portfolio.”

The new owners of the building, Fashion UK Limited, commented:-

“It was a pleasure working with Tim and the team at FHP, who came across as honest and professional, which allowed us to move forward with pace.”

For further information on the sale or to see how FHP can help you with any commercial property matter be it sale, letting, acquisition or any other commercial property concern, please contact Tim Gilbertson on 07887 787 893 or email tim@fhp.co.uk.

ENDS

Tim Gilbertson

Director

Date: 7 January 2021

It was a pleasure working with Tim and the team at FHP, who came across as honest and professional, which allowed us to move forward with pace.

I have worked with Tim before on the negotiations to buy our new premises and was impressed with the speed in which we moved on that deal but the commitment to making the sale of our Belton Road site happen was exceptional.  Tim and the team are pragmatic, honest and exceedingly proactive.

I’m not sure there are many agents who would have pushed a deal over the line so late on Christmas Eve.  We retain FHP as our sole agents as we take the next step to rationalise our property portfolio.

FHP Property Consultants acting on behalf of a private pension fund have completed the letting of premises at 195 Glaisdale Drive East in Nottingham to UK Plumbing Supplies Ltd who trade as Willbond,  whose roots go all the way back to 1896.

The building, which sits on a site of 1.72 acres, provides 20,000 sq ft of warehousing with 6,000 sq ft of showroom and offices, has been let on a new 10 year lease, with Willbond now open and trading.

David Hargreaves of FHP Property Consultants said: “Willbond have relocated from their former warehouse at Deakins Place off Ilkeston Road to these new modern facilities at Glaisdale Drive East with vastly improved parking and loading, to facilitate the redevelopment of their site with 703 student bedrooms and have now closed their Ilkeston Road showroom.

Willbond were very clear where they wanted to be locationally and finding the right property was very difficult with a real lack of supply in this sector, but after 2 years we were able to offer Willbond 195 Glaisdale Drive East which ticked all their boxes.”

FHP acted throughout for the Landlord with Victoria Bovington of Shakespeare Martineau, whilst UK Plumbing Supplies used their in house Estates Team.

Ends

With Christmas looming and thoughts turning to the end of the year, a few days of relaxation and hopefully even the chance to see family, this year’s retrospective review is certainly different to the previous ones I’ve written in a world none of us could have foreseen at this stage last year.

Looking back the year has flown, a standard first couple of months of the year with good trading conditions when we let and sold substantial amounts of new build, second-hand and older office, industrial and distribution space in a market that had continued in the vein of previous years where the underlying sentiment remained good demand and not enough supply.  Rents and capital values continued to nudge up during the first quarter and no one really expected anything other than a fairly standard year to unfold.

However, the world then changed and we were all thrown into a “new normal” (don’t you hate that phrase!) which nobody could have planned for and which no business could have foreseen.

At the time, as a board we sat around a virtual meeting table and discussed the way forward, planning accordingly but how do you plan for unprecedented circumstances with an open-end date?  With difficulty was certainly the answer and all we could do was look after our staff and clients as best as we possibly could, have everyone working from home as soon as possible and try our best to provide the premier service that we always aim for.

Normally when I’m looking back over the year I think about the deals done and the success had, and there is certainly plenty of deals and plenty of success which continues to please and amaze me in equal amounts, but the second quarter of the year will only ever undoubtedly be remembered as one where every business transformed itself as best it could and hopefully we managed ours well.

Deal activity during the second and third quarters of the year did fall, but again it’s staggering how resilient the distribution and manufacturing sector remained as we still agreed and completed on numerous sales, lettings and acquisitions, never once failing in our aim to put our clients first and go that extra mile.

What is clear looking back is that the last few months have actually removed many time-wasters from the market and whilst enquiries and viewings undoubtedly fell, often as we simply weren’t allowed to undertake viewings or go to meetings, the resilience and determination of the sector and indeed businesses throughout the East Midlands shone and with the pandemic conditions eased slightly the world looked a much better place.

The remainder of the year then saw a continuation of those conditions and whilst the second lockdown in November undoubtedly hampered the economy hugely and indeed our market, we continued as before to rent, sell and acquire property for clients throughout the East Midlands and beyond with startling regularity.

As I write this at the end of the year it makes me truly proud of the team that I am part of at FHP and the way in which we have somehow navigated what could have been the worst year on record and managed to make it instead one of the best certainly financially, but even more so by the way we have looked after our clients and also our staff, and we can look to re-energise over the Christmas period and hopefully come back fighting fit for 2021 when again we are in a position of not knowing what the twelve months ahead of us will throw up.

Bizarrely though as we turn into the New Year the market sentiment remains the same as it was before the pandemic, there isn’t enough space, there is good demand and in simple terms we need more stock across all industrial and distribution sizes and in all parts of the region.  Predicting the year ahead will be even more impossible than normal, but I would love to think that when I look back on 2021 overall from a business perspective it will have been as positive as 2020, but from a personal and human perspective let us all hope that we can really look forward to celebrating Christmas 2021 in style to make up for the lack of celebrations in 2020.

As I seem to end almost every press release I write, if any clients old or new would like to discuss disposing of their industrial or distribution premises then please do give me a call, we need more stock and I would love to help!

ENDS

Tim Gilbertson

07887 787 893

tim@fhp.co.uk

Date: 18^th December 2020

FHP and JLL are delighted to announce that we have completed on the leasehold transactions for Unit 3B, Unit 11 and Unit 28 at Roseland Business Park, Newark.  This flurry of lettings demonstrates that the A1 region remains a strong market, proven by the fact that these recent lettings mean we only have one unit remaining at the estate up for grabs before full occupancy is achieved.

Unit 3B measured 15,712ft² and benefited from an excellent 0.9 acre gated yard and was let to Thielmann UK Limited, one of the world’s leading manufacturer of stainless steel containers.

Unit 11 measured 3,603ft² and benefited from excellent outside space being let to Fernn Limited, who run a successful recycling business.

Unit 28 measured 12,731ft² offering fantastic storage space being let to Cardzone, a family run retail business operating over 170 gift card stores all over the UK.

Anthony Barrowcliffe of FHP commented:

“The Newark and A1 region remains a strong industrial market and I look forward to achieving full occupancy at Roseland in the future.  In the last two quarters of 2020 FHP and JLL have let 32,046ft² of industrial space on strong commercial terms to tenants I believe will trade from this location for many years to come.  

There are also various design and build options available at the estate ranging from 15,000ft² to 200,000ft² which is really exciting and I look forward to working at Roseland Business Park for many years to come.  This location and estate is only improving and growing and I look forward to being involved in many more transactions in the future.”

Helen Macrow of Summer Estate Holdings commented:

“Since bringing FHP on board jointly with JLL we have been really pleased, this new relationship has been a huge success and both agents have worked fantastically well collectively.  The estate is almost at full occupancy with further development to follow, I have particularly been impressed with Anthony’s proactive approach, local knowledge and hard work”.

For further information on these leasehold deals or for other opportunities within the industrial sector or to learn how FHP can help you please contact Anthony Barrowcliffe of FHP Property Consultants on 07557 972008 or email anthony@fhp.co.uk.

Since bringing FHP on board jointly with JLL we have been really pleased, this new relationship has been a huge success and both agents have worked fantastically well collectively.  The estate is almost at full occupancy with further development to follow, I have particularly been impressed with Anthony’s proactive approach, local knowledge and hard work.

I am pleased to inform the market that we have six of the units at Quayside Court Industrial Estate under offer.  This new development consists of twelve industrial/warehouse units, which means we are at 50% occupation before practical completion has been announced, which is expected on 1 January 2021.

The Developers DL Rhodes & Son have ensured to deliver this scheme to a high specification and are so pleased with the standard and location they have relocated their head office and warehouse from Blenheim Industrial Estate to Unit 1, Quayside Court.

The six remaining units vary in size and we can offer from 2,500ft² to 7,500ft² on leasehold terms.  The units provide an excellent eaves height of 6 metres, 3 Phase power, electric roller shutter doors, lighting, and WC blocks.  This site provides excellent security via a private electric gate, CCTV and security lighting alongside offering good car parking provisions.

Anthony Barrowcliffe MRCS from FHP Property Consultants commented:

“An excellent scheme in an established industrial and office location.  This development was very much needed as demand is still outstripping supply especially in the Colwick area, this demand being demonstrated by having 50% of the site let before practical completion has even been announced. 

I look forward to 2021 with optimism that we will gain full occupation and am proud of the remarkable resilience that is being witnessed across the region with property transactions continuing with local businesses growing and, in some cases, even flourishing. 

I advise all businesses looking to relocate or expand to engage with either myself or Musson Liggins early in the new year before the site is full.”

For further information on the industrial market, other opportunities, or how FHP can assist you please contact Anthony Barrowcliffe of FHP Property Consultants on 07557 972008 or email anthony@fhp.co.uk.

FHP Property Consultants, acting on behalf of institutional clients of Barings Real Estate, are delighted to welcome window and door specialists Safestyle UK plc to Unit 2 Glaisdale Point, Nottingham. The 15,762ft² unit was refurbished recently and had not been on the market for very long.

Steve Caves, national operations manager at Safestyle UK, commented:-

“Nottingham is a great location for the new Safestyle depot and was chosen specifically because of its central location and excellent transport links.

“This has been a challenging year for the whole country so we’re particularly pleased to be opening our Nottingham depot just before Christmas and creating around 70 new jobs in the local economy.”

Chris Proctor & Tim Gilbertson who brokered the deal on behalf of the Landlord commented:-

“The location of Glaisdale Drive continues to show its strength with another household name secured on this good quality warehouse unit which had only come to the market earlier this year. FHP have completed over 75,000ft² on the Glaisdale Drive estate in 2020 and have Units 4 & 5 Glaisdale Point under offer currently, which is due to complete shortly as well. We wish Safestyle UK all the best with the expansion, which has been led by a growth in home improvements in 2020”.

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: 11^th December 2020

RHQ ZombieCo has doubled the size of its distribution operation by signing a lease at Evelyn Street, Beeston.

Kit Pierce of RHQ Zombie, which was previously in Chilwell, commented:-

“Our primary focus is the design and manufacture of miniature figurines, paint and accessories for hobbyist around the world.  We’re pleased to announce an expansion to our UK and EU distribution unit.”

Chris Proctor of the Office and Industrial Agency Team at FHP Property Consultants, who acted for the tenant, added:-

“I am pleased to have found my client RHQ ZombieCo a property to suit their UK expansion.  The new facility will allow a greater level of production with double the space available to them.”

Scott Osborne, Director at Innes England, acted for the landlord Mileway who acquired the site last year, commented:-

“It’s good news for the area that another growing business has moved to the popular industrial estate. With everything we have experienced this year, it’s great to know that ambitious businesses are still keen to locate to Evelyn Street.”

Its location and specification have proved to be in demand with local businesses over the last couple of years and I was pleased to help another client achieve their full rental potential.”

Joint letting agent, Sean Bremner at Commercial Property Partners added:-

“There is a good balance of businesses on the estate and this unit is an excellent match for RHQ ZombieCo.”

For further information on this deal or to discuss your property requirements 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: 9^th December 2020

As the year draws to a close, activity and demand in the manufacturing and distribution sector throughout the East Midlands continues with no sign of demand for storage and production space in the region diminishing.

Opportunities to buy and rent are few and far between so hopefully the forthcoming availability of a unit of over 25,000ft² on the popular Cotes Park Industrial Estate at Somercotes in Alfreton, which sits on a large site of over 2 acres, might appeal to any number of potential occupiers.

Tim Gilbertson of FHP Property Consultants commented:-

“We helped our client purchase this building a couple of years ago, and with the current tenant due to vacate shortly, they are taking the sensible step of refurbishing the building to create a very good quality industrial unit set on a popular estate with quick access to the A38 and Junction 28 of the M1 motorway.

The building totals over 25,000ft² and will be presented in excellent order throughout, but perhaps the key attraction here is the large site upon which it sits extending to just over 2 acres.

It’s always incredibly difficult to find good quality space on a large site so hopefully, as a new lease is available on what will be a really good building, we should be able to generate interest quickly and agree a new lease in the not-too-distant future.

Whilst the refurbishment won’t start for a few weeks, we can show potentially interested parties around the building now and advise as to the extent of works that our clients will undertake to create a good quality building here.”

For further information on the refurbishment or to make an arrangement to view please contact any of Tim Gilbertson, Chris Proctor or Estée Coulthard-Boardman on the details below.

ENDS

Date:  08 December 2020

On behalf of clients Travis Perkins, FHP Property Consultants are pleased to confirm the disposal of a 7,000ft² industrial/warehouse unit on Trent Lane, Castle Donington.  The property is situated within an established and popular industrial location and has most recently been used by Travis Perkins as a builder’s merchants.

Darran Severn of FHP Property Consultants, commented:

“The property sits on a site of approximately 1.5 acres, making this an extremely rare opportunity.  Travis Perkins, who lease the site, were looking to limit their liability and assign the lease to a new party. 

Following our inspection, we placed the property on the market and within one week of marketing we had received four offers from local businesses.  Although I cannot disclose the full details of the deal, I’m pleased to say we achieved an excellent result on behalf of our client.”

Should you require any further information on this deal, then please contact Darran Severn on 07917 460 031 or darran@fhp.co.uk.

Darran Severn
Date: 3^rd December 2020

I am pleased to announce that I have now completed on an off market industrial investment property on Pintail Close in Netherfield, located behind the Victoria Retail park.  The units totalled 8,103ft² and had a 5-year lease in place to an excellent tenant on attractive terms.  The investment included two steel portal frame mid-terrace industrial units with 5.5 metre eaves on an excellent service yard benefiting from quick access to Nottingham City Centre via the Colwick Loop Road.

Anthony Barrowcliffe MRICS of FHP Property Consultants acted on behalf of the vendor and Ross Whiting MRICS of Innes England acting on behalf of the purchaser.

Anthony Barrowcliffe of FHP Property Consultants who brokered the deal comments:

“I initially let these Units on Pintail Close for the landlord, so I am particularly pleased that I could go on to sell the investment.  Having offered this to a select number of investors I was able to obtain off-market interest. Ross Whiting of Innes England represented the eventual purchaser and terms were agreed and a deal was concluded. 

At present there are very few opportunities within Nottinghamshire to secure good quality industrial investments with few assets coming to the market of this size and nature, which meant I was able to agree the sale of this property before placing it on the market. There is strong investment demand for high-calibre industrial assets like Pintail Close which has meant investments like this have become very sought after. 

FHP have new and exciting things happening in Netherfield and Colwick, and we look forward to engaging with businesses and investors alike, so we can understand requirements and put together more transactions like this in the future. 

The industrial market sentiment remains positive with demand outstripping supply and we continue to see rental and capital values in the industrial sector improve, with some of the highest occupancy levels in 10 years, despite everyone’s fears of the implications of Brexit and Covid-19.” 

For further information on the industrial market, other opportunities, or how FHP can assist you  please contact Anthony Barrowcliffe of FHP Property Consultants on 07557 972008 or email anthony@fhp.co.uk.

4 December 2020

An industrial/warehouse property is undergoing a complete refurbishment and remodelling to provide high quality production or storage space at the established Amber Business Centre in Derbyshire.

The building totals some 27,000 ft² and will provide both level access and dock-level loading facilities, with integral office area.  Externally there will be dedicated parking and yard space.  The Amber Business Centre is located in Riddings, Alfreton, with easy access to the A38 dual carriageway and thereby onto junction 28 of the M1 motorway to the north or to Derby and the West Midlands to the southwest.

Tim Richardson of FHP Property Consultants, comments:

“The Amber Business Centre extends to some 400,000 ft² of industrial space and, with the exception of this unit, is currently fully occupied.  Our clients have made the right decision to fully refurbish this building, which will present an opportunity to lease high quality space in a popular and established location and at a competitive rent.”

Plans, specification and timescale are available from the agents and, given the shortage of industrial and distribution premises on the market at this time, we would encourage early discussions.

For further information, please contact Tim Richardson at FHP Property Consultants on 01332 224 857 or email timr@fhp.co.uk or Darran Severn on 01332 224 854 or email darran@fhp.co.uk.

Tim Richardson
Date: 2^nd December 2020

FHP Property Consultants have completed the sale of Unit 39 Chequers Industrial Estate to a local investor for an undisclosed sum.  The property comprises a modern industrial/warehouse unit and extends to approximately 2,325ft².

Darran Severn of FHP Property Consultants commented:-

“There are few opportunities available if you are looking to buy an industrial/warehouse unit between 1,000ft² and 5,000ft² in Derby.  As a result, we were able to agree the sale of this property before placing it on the market.  Although I cannot disclose the sale price, I can confirm we achieved a figure over £90 per ft² which is strong for second hand stock.

I am currently speaking with a number of local occupiers and investors, who are actively seeking similar buildings up to 15,000ft², and I would be pleased to discuss any further opportunities.”

For further information on this sale or to discuss your property requirements, please contact Darran Severn on 01332 224 854 or email darran@fhp.co.uk.

ENDS

Darran Severn

Date: 26 November 2020

The Duchess of Rutland, Emma Manners is offering a range of industrial units to let for commercial use in Belvoir, Grantham.

The estate of warehousing which was previously a site of Belvoir Fruit Farms is located a few minutes drive from Belvoir Castle and the Engine Yard and is located close to the A52 and A46 dual carriageway and most importantly the A1 trunk road.  The units provide excellent access to Nottingham, Leicester, Lincoln and Grantham and are in the process of a full landlord refurbishment.

The site comprises several steel portal framed warehouse/industrial units with roller shutter doors, 3 Phase power and lighting on a large gated and secure yard.  Units can be combined to meet size requirements ranging from 1,000ft² to 7,500ft² and can be adapted to suit lots of requirements also offering a hardstanding gated yard with a portacabin office.

Anthony Barrowcliffe of FHP Property Consultants commented:

“This is an excellent opportunity to get industrial space on flexible terms and competitive rents to service the local or East Midlands market.  Landlord works are to follow and over time I believe this will become a thriving industrial estate.  Not only can we provide lots of different size options, but we can also offer flexible lease terms and can do specific works to the units to appeal to individual requirements. 

The appetite within the Grantham, Newark and A1 region is exceptionally strong and offering refurbishes small to medium sized industrial units ideal for B1, B2 and B8 uses fulfils the shortage of stock within the market and this region.   

I look forward to engaging with interested parties and discussing this with occupiers wanting to benefit from the A1 and A46.  I have had great success in this region over the last few months and continue to build FHP’s profile in this area.” 

For further information on Belvoir Business Park or for an informal chat to discuss the local industrial market or free initial property advice please contact Anthony Barrowcliffe of FHP Property Consultants on 07557 972008 or email anthony@fhp.co.uk.

Acting on behalf of the landlord Storer Holdings Limited FHP are pleased to announce that we have successfully let three small industrial units within an exceptionally short time frame in Daybrook and Arnold.

The units varied in size and consisted of simple commercial space ranging from 1,184ft² to 2,772ft² proving very popular throughout the marketing receiving strong interest and lots of enquiries.

The lettings were as follows:

Unit 2, Newstead Industrial Estate, Arnold – 2,772ft²

Unit 1, Morley Street, Daybrook – 1,412ft²

Unit 3, Morley Street, Daybrook – 1,184ft² 

Anthony Barrowcliffe of FHP commented:

“The landlord contacted me regarding three industrial instructions he wished to market.  Upon receiving the initial call and inspecting the units I had the properties on the market within the week and received strong interest almost immediately after conducting a thorough marketing campaign.

After several viewings we managed to agree strong terms on all three vacant units bringing the landlord’s portfolio back to full occupation.  This demonstrates how strong the small industrial sector is performing and how quickly stock is moving with still so many live requirements out there with simply not enough stock.

I believed our reactive response from initial enquiry through to completion met the client’s requirements perfectly and I look forward to working with the client again in the future.”

Graham Storer (the landlord) commented:

“Your company has been brilliant in getting our three units let.  Anthony has worked very hard on these lettings and I wanted to state that he has looked after us so well that I would always use FHP for any future lettings we may require.”

For further information on this transaction or for other opportunities within the industrial sector or to learn how FHP can help you please contact Anthony Barrowcliffe of FHP Property Consultants on 07557 972008 or email anthony@fhp.co.uk.

After an extensive search of the market and thorough negotiations, Tim Gilbertson of FHP Property Consultants is delighted to confirm completion of the acquisition of a new 140,000ft² distribution centre at Worksop for Hancock Cash & Carry Limited.  The acquisition of this space will enable Hancock to continue their growth and it’s another great news story for the region as an existing East Midlands based company takes on a facility.

Tim Gilbertson commented:-

“After an extensive search and detailed negotiations, I am delighted that we have finally pushed this deal over the line to acquire for Hancock Cash & Carry a further building of 140,000ft² in an excellent location close to the M1 at Worksop. 

It has been a pleasure to deal with my clients on this instruction and to bring it to such a successful conclusion enabling them to continue their growth and success story despite the troubling times we have all encountered over the last few months is great to report.

They are currently fitting the space out and should be up and running shortly enabling them to consolidate their presence within the region and react efficiently and effectively to their client’s demands which have increased since the start of the year.

After having introduced to them any number of buildings and viewed many options too, it’s great that we’ve finally settled on a property that’s suited and it was a pleasure dealing with James Keeton of JLL and Rebecca Schofield of Knight Frank who acted on behalf of the outgoing Tenant to agree and conclude terms for a transaction.”

James Keeton of JLL, in conjunction with Rebecca Schofield of Knight Frank, acted on behalf of the outgoing occupier, Saint-Gobain, commented:-

“Working with our clients, we are pleased to have implemented an effective exit strategy on the building, ultimately relinquishing their interest and in the process enabling another occupier to utilise the space to grow their business. A good result all round.”

Supply Chain Director at Hancock Cash & Carry, David Nelson, commented:-

“It has been a pleasure working with Tim and the team at FHP throughout this project. The new site at Manton Wood will enable the Hancocks Group to continue its omnichannel growth while unlocking broader operational efficiency.

On a backdrop of sustained Covid-19 business interruption it was a great relief to secure this site.”

Tim Gilbertson concluded by adding:-

“Acquisition work on behalf of occupiers often goes “under the radar”.  However, when appointed to source, negotiate, and complete an acquisition of premises for occupiers it’s a very satisfying process and one which invariably ends up with a client who is grateful given the time and resources they would have to spend otherwise in undertaking such a role themselves and often treading well out their “comfort zone” in doing so.

Myself and all of my colleagues at FHP Property Consultants have undertaken numerous acquisitions for clients in all property sectors over the years and the market sector specific knowledge we have enables us, I hope, always to give the right advice and act expeditiously and effectively on behalf of clients throughout any sector.

Our acquisition work often goes unpromoted as frequently we are undertaking work for clients who don’t wish to publicise their property dealings but it’s always a very fulfilling and satisfying process when playing a small part in enabling a local occupier to expand, particularly when on such a scale as on this occasion.

David and his colleagues have been a pleasure to deal with throughout, I really wish them well for their continued success in this fantastic new 140,000ft² facility.”

For further information on the acquisition work that FHP Property Consultants can undertake for you should you and your company be considering relocating to either purchase or rent new space then please contact Tim Gilbertson at FHP on 07887 787 893 or email tim@fhp.co.uk.

ENDS

Tim Gilbertson

Date: 12^th November 2020

At FHP we are proud to have worked with Panattoni in the evolution and implementation of their three unit 714,000ft² 55 acre speculative development at Panattoni Park, J26, Nottingham.

The letting of the final 89,000ft² unit to Food Innovations sees all three units now let and occupied, with 75,000ft² being occupied by Hermes and the largest showpiece unit of 551,000ft² being let to a global e-commerce retailer.

The completion of the lettings brings to an end FHP’s 20 year involvement in the scheme.  Our original instruction was on behalf of BGL Landfill who were remediating the former British Coal Colliery Lagoons which served the decommissioned Moorgreen Colliery.

Working with BGL the site was promoted through the Local Plan process, planning consent was obtained and ultimately the site sold to Panattoni.

Panattoni Park, Nottingham is one of Panattoni’s first phase of developments within the UK and as one of Europe’s largest Industrial Developers they are now one of the most dominant and active operators within the UK.

We are delighted and proud to continue to work closely with Panattoni and we are currently offering their 523,400ft² unit at EMDC 525, Junction 24, M1 and are working on a number of strategic projects with them throughout the region.

It has been a pleasure working with Simon Norton & Sam Robinson at Colliers and Rob Rae & Rob Watts at Avison Young on the Panattoni Park, Nottingham scheme.

At FHP we are continuing to look for strategic sites which can be promoted through the Local Plan process, together with sites which have a planning consent in place and are ready for immediate development.

Contact: John Proctor

Tel:          0115 950 7577

Email:     johnp@fhp.co.uk

Date:      November 2020