With market demand remaining consistently good throughout the East Midlands for opportunities to buy or rent good quality production or storage space, hopefully, this positive market sentiment will continue for the foreseeable future as it still remains the case that there is an imbalance between supply and demand.

Therefore, as FHP bring to the market Unit D Salcombe Road in Alfreton, hopefully, this will provide a new home to at least one of the parties currently looking for space to buy or rent in the region.

At just over 20,000ft² it is a good quality building and Tim Gilbertson commented:-

“I previously let this building for our clients and once again they would like to rent or sell the property.  It is a really good simple building, forming part of a small development that sits on its own securely fenced and gated shared site.

It also benefits from a good location, just off the A38 and Junction 28 of the M1 therefore having easy access to the motorway network.

This building would be ideal for any production or distribution use given that it offers very simple configuration and with good loading access and allocated car parking, I hope that we can quickly encourage new interest.

For further information on the availability of this building or to arrange a viewing, please contact either Chris Proctor (07747 464 770 / chris@fhp.co.uk), Darran Severn (07917 460 031 / darran@fhp.co.uk) or Tim Gilbertson (07887 787 893 / tim@fhp.co.uk).

ENDS

Tim Gilbertson

Date: 17/08/2020

Chris Proctor of FHP Property Consultants put forward a detailed proposal to North West Leicestershire District Council (NWLDC) alongside several other local agents to be instructed on North West Leicestershire District Council’s Commercial Property Portfolio.

We are delighted to say we have been working with NWLDC for the past three months and are already seeing some excellent results achieved. Working with Stacey Harris and Nigel Hooper of NWLDC Property team a total of 6 deals have completed with a further 2 under offer currently.

Chris Proctor MRICS commented: –

“NWLDC had a total of 21 voids in their Commercial Property Portfolio, following a further 2 lettings due to complete this month this number will be down to 13.  Working with them in the past couple of months, we have put together a detailed marketing plan with a flexible leasing structure to allow many small businesses to benefit and progress despite the testing times.

This year has put pressure on a significant number of small businesses ability to be profitable. NWLDC are helping ease the pressure by providing good quality office & industrial space on flexible lease terms.”

If you are looking for a property in the North West Leicestershire area, please do not hesitate to contact Chris Proctor of FHP Property Consultants on 0115 841 4798 or email chris@fhp.co.uk for more information on availability.

ENDS

There are not many buildings throughout the East Midlands that have the benefit of cranage, so it is a pleasure to put on to the market cost effective production or potential storage space in Ripley, just off the A38.

The premises on Peasehill Road offer cost effective space with a secure shared yard and an additional self-contained car park.

At just over 12,000ft² the building is very flexible and could be used for a number of uses.

To be marked by Chris Proctor, Darran Severn and Tim Gilbertson of FHP they commented:-

“It is not often that buildings with cranes become available so hopefully for any engineering company where cranage would be of benefit, this building might appeal.

Equally though, it could be used for storage or alternative uses and so hopefully we will encourage interest in the building quickly.

 A new lease is available and we look forward to showing potentially interested tenants around.”

 For further information or to arrange to view please contact either Chris Proctor (07747 464 770 / chris@fhp.co.uk), Darran Severn (07917 460 031 / darran@fhp.co.uk) or Tim Gilbertson (07887 787 893 / tim@fhp.co.uk).

ENDS

Tim Gilbertson

Date: 5^th August 2020

Anthony Barrowcliffe of FHP Property Consultants on behalf of Clowes Developments is pleased to announce the completion of the off market investment sale of Unit B2, Crown Park on Parcel Terrace in Derby which provides a securely let industrial investment let to Screwfix.

FHP Property Consultants acted on behalf of Clowes Developments, the vendor, with Will Torr of HEB Chartered Surveyors acting on behalf of the purchaser, Bassi Properties Limited.

Crown Park is made up of five new build units ranging from 2,508ft² to 7,696ft.  The estate is situated just off the A516 Uttoxeter New Road which provides rapid access to both the centre of Derby and the A38.

Anthony Barrowcliffe who brokered the deal commented:

“I am delighted with the outcome of this investment sale having offered this to a select number of investors with Will Torr’s client agreeing a figure satisfactory to both parties.

I personally enjoyed dealing with my old university colleague on this deal and felt this was an excellent and efficient business transaction all round.”

Will Torr who acted for the purchaser commented:

“We are really pleased to have secured this off market investment which will provide Bassi Properties with an unbroken 10 year lease to the excellent covenant of Screwfix.  Thanks to Anthony for helping get this over the line given the uncertainty of the recent months.”

There are 3 more units remining  for sale or to rent on the estate, if you require further information please contact Anthony Barrowcliffe of FHP Property Consultants on 0115 9507577 or email anthony@fhp.co.uk.

The lockdown period has affected any number of planned speculative industrial and distribution schemes throughout the Midlands, delaying the development of much needed stock.

However though, Clowes Developments’ Stoney Stanton Business Park which is to be built just off the M69 south-west of Leicester within moments of Hinckley, is proceeding now at pace as a full Reserved Matters Planning Application has been submitted to the Local Authority.

Agents for the scheme are Tim Gilbertson and Chris Proctor of FHP and Mike Allwood and Geoff Gibson of Andrew & Ashwell and they commented:-

“It is great to see the progress Clowes are making with this site.  The submission of their full Planning Application shows their intent to move forward swiftly on what is a location very much in need of additional industrial and distribution stock to buy and rent.

We applaud their efforts in progressing so quickly during the difficult lockdown period and if all goes according to plan our Clients hope to be onsite within the next couple of months.

This should then enable us to hand over finished buildings to new Buyers or Tenants from early Summer 2021 (subject to planning), which is fantastic news for a market which is starved of space.

Despite the general economic uncertainty, demand for smaller industrial and warehouse units both to buy and rent in the Leicestershire and East Midlands market has remained strong.  Indeed we have upwards of 30 companies already registered as being interested in the site.  We will be contacting these over the coming weeks to try and progress and agree deals off plan as we suspect that once construction of these buildings starts there will be a further raft of interest so it would be great if we can agree deals during the Planning Application process which should complete in the next couple of months.

The positioning of the scheme is great, just off the M69 and therefore within moments access of the A5, Hinckley and indeed the edge of Leicester plus the M1.  As this scheme offers buildings from as little as 2,500ft² to over 30,000ft², all available to buy or rent, this will fill a real gap in the market.

We look forward to unveiling full details in the near future once planning has been confirmed and our Clients are onsite and up and running”.

For further information on the scheme or to register interest to buy or rent one of the fantastic new units planned please contact either:-

Tim Gilbertson      (tim@fhp.co.uk / 07887 787 893)

Chris Proctor         (chris@fhp.co.uk / 07747 464 770)

Geoff Gibson         (gmg@andash.co.uk / 07711 237 190)

Mike Allwood        (mra@andash.co.uk / 07969 149 386)

ENDS

Tim Gilbertson

Date: 29^th July 2020

It is not often we have the chance to market well-proportioned warehouse or workshop space which is set on a very large site but a new instruction at Birchwood Way, Alfreton, just off the A38 and therefore within minutes of Junction 28 of the M1 Motorway is available on a new lease.

Better still, the building on the site is to be completely refurbished by our client which will enable us to offer excellently presented, well-proportioned two storey office and ancillary space interlinking with clear span storage, production or workshop accommodation.

The key advantage with this property is the large site upon which the building sits, partially surfaced, the entire site is fenced and gated and extends to over 1.1 acres.

To be marketed by the Derby and Nottingham offices of FHP, Tim Gilbertson commented:-

“Our clients are just about to embark on a full refurbishment of this building which we suspect should be well-received in the market with plenty of interest generated.

Whilst the unit itself is well-proportioned and will offer, once the refurbishment has been completed, good quality storage or production space, the key selling point with this building is the large site upon which the property sits.

So often we receive enquiries from occupiers wanting to rent units which sit on an oversized yard, and this is a very rare opportunity where we can actually meet those demands as the building is just under 9,000ft² and sits on a site of approximately 1.12 acres.

Not only that, but it also sits on a popular estate which has terrific links to the A38 and provides fast access to the M1 at Junction 28 and Derby to the south-west.

A new lease is available and we can arrange viewings now whilst the refurbishment works are ongoing.”

For further information or to arrange a viewing, please contact either Darran Severn (07917 460 031 / darran@fhp.co.uk), Chris Proctor (07747 464 770 / chris@fhp.co.uk) or Tim Gilbertson (07887 787 893 / tim@fhp.co.uk) at FHP Property Consultants.

END

Tim Gilbertson

Tel: 0115 9507577

Email: tim@fhp.co.uk

Date:  29^th July 2020

I am excited to offer a rare freehold industrial unit to the market fully stripped out with full vacant possession.  The unit provides 5.5 metre eaves and benefits from a large service yard in close proximity to Nottingham City Centre.

The unit has a gross internal area of 5,073ft² and provides a large clear span storage/production space with a full height roller shutter door, 3 phase power and good lighting throughout.

Anthony Barrowcliffe of FHP comments:

“I am excited to be launching a freehold industrial unit to the market offering an excellently presented second-hand unit ready for immediate occupation.

I anticipate this unit to generate quick interest as it offers simple space in good condition with a large service yard in a desirable industrial location.”

For further information or to arrange a viewing please contact Anthony Barrowcliffe of FHP Property Consultants on 07557972008 or email anthony@fhp.co.uk.

Quality warehouse or production space in Alfreton and around the Junction 28, M1 market as a whole is always in demand and hopefully the latest opportunity brought to the market by FHP will be quickly snapped up by a local occupier.

3 Keys Road, Alfreton offers really good quality space of just under 25,000ft² with self contained secure yard and additional secure car park, all available to rent on a new lease immediately.

Being marketed by the Derby and Nottingham Offices of FHP, it is anticipated that this building will generate interest quickly as it offers simple space, in good order throughout, but to be improved still further by our Clients in the coming weeks to present immaculately.

It is not often detached space such as this with its own yard and additional car park becomes available and hopefully interest will be generated immediately.

For further information or to arrange a viewing please contact Tim Gilbertson (tim@fhp.co.uk / 07887 787 893) or Chris Proctor (07747 464 770 / chris@fhp.co.uk) at FHP Property Consultants.

ENDS

Tim Gilbertson

Date:  July 2020

With stock levels continuing to run low throughout the East Midlands, Tim Gilbertson and Chris Proctor at FHP Property Consultants are just bringing on to the market cost effective storage or potential production space in Sutton in Ashfield just off the A38 and therefore within quick access of Junction 28 of the M1 Motorway.

Set on its own securely fenced and gated site, the building offers simple two bay space in a good location.

Tim and Chris commented:-

“It’s good to have this space on the market as this size bracket has little or no stock in the region.  This is a very simple building set on its own secure site but in a good position.  It is ideal for anybody needing short or long term storage space, or indeed for production use, as our Clients are prepared to offer flexibility on length of lease.

Most importantly of all though is the cost effective rent, just over £3.50 per ft², which represents really good value for a building of this nature.

A new lease is immediately available and we would be delighted to speak with any potential Tenants or arrange to show them around”.

For further information or to arrange a viewing please contact Tim Gilbertson (tim@fhp.co.uk / 07887 787 893) or Chris Proctor (07747 464 770 / chris@fhp.co.uk) at FHP Property Consultants.

ENDS

Tim Gilbertson

Date:  July 2020

The new owners of The Lakeside Nottingham on Mansfield Road, which is currently undergoing an extensive refurbishment to provide the highest specification of wedding, dining and bar venue, have taken an additional 5,122ft² industrial unit for the production of their new craft beers.  The new brewery site is due to open later this year with The Lakeside venue opening later this year as well.

Richard Berridge, the co-owner of The Lakeside, commented:-

“These new premises for our brewing operation complements our business model perfectly, we want to offer the community real local food, beer and a safe and enjoyable place to visit. The Lakeside will open at Christmas and will offer alongside your usual favourites its very own range of beers made locally by locals. It’s a very exciting time for us now that we have emerged from lockdown and look forward to seeing our guests very soon.”

Chris Proctor of FHP Property Consultants commented:-

“This letting will complement Richard’s plans at The Lakeside, and I very much look forward to having a pint of his new craft beer soon. 

 We are once again in a position where we have a lack of stock available around 5,000ft² in the industrial/warehousing market within Nottingham, and I would urge landlords and property owners to get in touch if they do have a property they are looking to sell or let.”

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

ENDS

Chris Proctor

Tel: 0115 841 4798

Email: chris@fhp.co.uk

Date: 8^th July 2020

The commercial property market has undoubtfully been impacted by COVID-19 with a lot of businesses’ putting property requirements on hold or pulling out of deals.

Despite these testing times, at FHP Property Consultants, we have experienced an influx of deals in the sub 5,500ft² industrial and warehousing sector.  It is quite remarkable to have achieved 12 completed deals in this size range with a further 15 deals under offer and currently with solicitors (all since April 2020).

Why this demand is being received? We are experiencing new businesses being created and taking the opportunity of either furlough or redundancy as an opportunity to start a fresh.  Others are coming from backgrounds such as e-commerce, logistics and certain sectors of manufacturing which have seen an increase due to the results of COVID-19.  Other cases are using the quieter lockdown period to manage property size and also increase efficiency by moving to better buildings or locations.

Chris Proctor of FHP Property Consultants who brokered a number of these deals along with Tim Richardson, Mark Tomlinson & Tim Gilbertson commented: –

“I am actively seeking and speaking with property owners who either have empty units or those with tenants close to lease expiry as I believe we have a number of good quality small businesses seeking units currently.”

Warehouse / Industrial Deals completed in lockdown of under 5,500ft

1. Trent Gateway, Beeston – 2 completed
2. Unit 5 Central Court, Nottingham
3. Ropewalk Industrial Estate, Ilkeston
4. Unit C Plot 5 Merlin Way, Ilkeston
5. 37-39 Sneinton Hermitage, Nottingham
6. Forest Court, Coalville
7. Unit 2 Rawson Street, Basford
8. B1 Crown Park, Derby
9. Units 1 & 3 Balderton Business Park, Newark
10. Unit 2 Machins Place, Gotham

For further information or if you wish to market your property with FHP Property Consultants please do not hesitate to contact Chris Proctor of FHP Property Consultants on 0115 841 4798 or email chris@fhp.co.uk.

 ENDS

 Chris Proctor

Tel: 0115 9507577

Email: chris@fhp.co.uk

Date: 3^rd July 2020

Production space with a major existing power supply is always hard to find, so we are delighted to make available (particularly as the opportunity can be purchased or rented) a substantial production / warehouse unit with high calibre offices on a site of over 2 acres at Linby / Hucknall just north of Nottingham.

The fact that the building can be bought or rented is an even bigger bonus and Tim Gilbertson and Chris Proctor at FHP who are marketing the opportunity are hopeful of disposing of the property quickly and they commented:-

“We so often hear from occupiers the need for a large power supply which is almost impossible to find but hopefully with this rare visitor to the market in Linby, just north of Nottingham, we might be able to satisfy some occupiers requirements.

This building is presented in terrific order throughout, it has been augmented by the addition of high calibre offices and the fact that it sits on such a large site of 2.25 acres offering scope, subject to planning, for extension of the existing building or external storage etc means that the high power supply and excellent building really should create interest from the word go.

It is a good location as well, quick access to Junctions 27 and 26 of the M1 Motorway and with such a large site, offering large car park, and the high calibre building it will hopefully create interest from the start of our marketing campaign”.

For further information or to 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.

ENDS

Tim Gilbertson

Date:  June 2020

Nigel Brown of Pera Business Park and Chris Proctor of FHP Property Consultants the marketing agent are delighted to confirm 20,503ft² has been let at Pera Business Park to Waverly Carbon.  The letting sees the majority of the ground floor workshop/warehouse space within the rear building of Pera Business Park now occupied to a single tenant on a long term lease at competitive lease terms.

Nigel Brown of Pera Business Park commented:-

“We are very happy to have successfully filled the workshop. It’s another positive step for the business park and Melton Mowbray to attract a company like Waverly Carbon that wants space for an engineering research and development project.”

Daniel Turner of Waverly Carbon commented:-

“With its well lit space, overhead cranage, and substantial power provision the workshop on the Pera Business Park in Melton Mowbray ticks all our boxes.  With fantastic support from Pera’s helpful and friendly management team, we are very pleased with the location of our new production plant. We look forward to a long and fruitful association with Pera Business Park.

Waverly Carbon is a producer of sustainable material used in the rubber,  plastics and coatings industries.”

Chris Proctor of FHP Property Consultants who brokered the deal commented:-

“FHP were appointed by Nigel at Pera Business Park to find a single tenant for their large warehouse/workshop space, which had historically been a multi-let space with a high level of management required. After producing detailed marketing and working with Nigel for several months, we agreed a deal with Waverly Carbon who are an excellent fit for the building and highlights a major letting for Melton Mowbray and North Leicestershire.”

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

ENDS

Chris Proctor

Following the sale of Unit B1 to Sunset VW, FHP Property Consultants are pleased to have brokered the letting of Unit B2 to national chain Screwfix.

Tim Richardson of FHP Property Consultants who negotiated the agreement commented:-

“This was an obvious spot for Screwfix to take their fourth store in Derby, being on the western side of the City Centre with easy access to the inner ring road and arterial routes in and out of the city. It is readily accessible from a large part of the city.”

The building extends to just over 5,000ft² and was taken on a new lease.

The remaining units range in size from 4,465ft² up to 7,750ft², or in combination to provide up to 17,992ft² with generous yard space within a landscaped managed environment.

The units are available either For Sale or To Let and further information can be obtained from the sole agents, FHP Property Consultants.

Please contact Tim Richardson of FHP Property Consultants on 01332 224 857 or email timr@fhp.co.uk.

ENDS

A brand new industrial / warehouse scheme being developed by DL Rhodes & Son on the Colwick Quays Business Park in Nottingham is well under way, having commenced just prior to the lockdown.

This is a superb quality scheme which will provide units from 2,500ft² up to 10,000ft² on a secure shared courtyard on the Colwick Quays Business Park to the east of Nottingham.

It is anticipated that the scheme will be completed by the end of the Summer period this year.

Interested parties can contact Mark Tomlinson at FHP’s Nottingham Offices on 0115 950 7577 / mark@fhp.co.uk or the Joint Agent, Musson Liggins.

ENDS

Contact:                  Mark Tomlinson

Tel / Email:              0115 841 1134 / mark@fhp.co.uk

Date:                       22^nd June 2020

Over the last few months we have disposed of quite a lot of warehouse space on both short and long term leases, often driven by NHS requirements but also retailers who need storage for surplus stock and also online companies who have seen a boom in demand in recent times.

High bay storage space with dock and level access loading has therefore been in demand and so hopefully as we launch a property of just over 70,000ft² on the market at Worksop, just off the A1, timing could be good to encourage interest from the start of our campaign.

To be dealt with by Tim Gilbertson and Chris Proctor at FHP, Tim commented:-

“I have let this building before and it always seems to encourage interest, it is well set for the A1 and offers high bay space with over 11m eaves, all available for rent on a short or long term basis.

The unit really is ready to go now, it is one of the few in the region which is immediately available and we hope that interest will be good from the start of our campaign”. 

For further information or to discuss / arrange a viewing please contact either Chris Proctor or Tim Gilbertson at FHP on 0115 950 7577 or chris@fhp.co.uk / tim@fhp.co.uk.

Becoming available as a result of our Client’s expansion and relocation, Tim Gilbertson and Chris Proctor are pleased to bring to the market this terrific little warehouse and office building on Millennium Business Park, just north of Mansfield.

Good access to the centre of Mansfield.  Excellent access to the A38 and Junction 28 and 29 of the M1.  The building is presented immaculately.

At just under 7,000ft² there is very little competing stock of this size available and with the quality of accommodation on offer hopefully this unit will generate interest quickly.

For further information or to 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.

ENDS

Tim Gilbertson

Date:  11^th June 2020

Acting on behalf of Muse Developments and Rolls-Royce, Tim Gilbertson of FHP Property Consultants has completed the letting of bespoke built storage and distribution space for RM Group at Harrier Park in Hucknall.  The deal concluded has seen the construction of a bespoke 200,000ft² state of the art warehouse for RM Group enabling them to consolidate their various existing spaces locally.

Harrier Park sits between Junctions 26 and 27 of the M1 motorway and offers 60 acres of superb development land available for occupiers to purchase or rent bespoke built storage or manufacturing space.

This is the first deal on the park and sees a major investment by joint venture partners, Muse Developments and Rolls-Royce, with their initiative being rewarded by this fantastic distribution deal which is a great starting point for the site.

Tim Gilbertson who dealt the deal, in conjunction with Joint Agents Knight Frank in Sheffield, commented:-

“What a great way to start this site.  The 200,000ft² new letting to RM Group enables them to put all of their existing facilities under one roof and from our client’s perspective is a wonderful way to announce Harrier Park in the region as one of the East Midland’s leading manufacturing and distribution locations.

With good access to both Junctions 26 and 27 of the M1, this 60 acre site still has plenty of land left and we are actively marketing opportunities there now for occupiers to buy or rent bespoke built space from as little as 30,000ft² upwards.

We wish RM Group well with their new base which they take possession of at the end of 2020 and with active discussions ongoing with other parties who are keen to relocate to the site, hopefully there will be further deals to announce on this scheme shortly.”

ENDS

Tim Gilbertson

07887 787 893 / tim@fhp.co.uk

As a result of the forthcoming relocation of our Client, the current owner occupier of this fantastic unit on Heanor Gate Industrial Estate, we are pleased to provide a rare opportunity to buy substantial modern space with the key benefit of a large yard and expansion land.

The sale is being handled by Tim Gilbertson, Chris Proctor and Darran Severn of FHP and Tim Gilbertson commented:-

“I bought this unit for our Client some years ago and it has served him well.  It’s a credit to him as it has been maintained in an immaculate condition with fantastic ground floor offices and ancillary space, including canteen and board room, leading to large open span storage or production space beyond.

There is also a first floor which is currently used for storage but could equally be turned into additional office space.

The key benefit of the building though is the large site upon which it sits which is currently configured to provide a substantial yard but also has additional expansion land to the rear which would enable (subject to planning) expansion of the building and / or expansion of the car park and yard area.

A really good quality building.  Fully fitted throughout with heating and lighting in the warehouse and excellent offices and I hope that we receive interest immediately”.

For further information on the building or to discuss or view please contact either Tim Gilbertson (07887 787 893 / tim@fhp.co.uk), Chris Proctor (07747 464 770 / chris@fhp.co.uk) or Darran Severn (07917 460 031 / darran@fhp.co.uk).

ENDS

Tim Gilbertson

Date:  2^nd June 2020

It is really fulfilling to see the press releases confirming that Hermes are now opening at Panattoni Park, Nottingham and creating 100 jobs.

For us at FHP it is the culmination of more than 15 years’ work – when we first became involved in the site it was being reclaimed and filled by our Clients, BGL Landfill.

We worked with a number of Developers and finally Panattoni have delivered such an exciting scheme building 714,000ft² in a deal of regional and national significance.

We are continuing to work on a number of strategic new schemes throughout the region.

Contact one of the team to discuss any of your requirements, whether they be small or large.

ENDS

Contact:  John Proctor

Tel:            0115 950 7577

Email:       johnp@fhp.co.uk

Date:        1^st June 2020

Clowes Developments, through their Agent Tim Gilbertson at FHP, are delighted to announce details of the latest building to be constructed at Castlewood Business Park, a bespoke unit of just under 25,000ft² for CST Industries who are relocating from Alfreton to this prime site adjoining Junction 28 of the M1 at its intersection with the A38.

With lockdown measures eased work has now started on site following completion of the deal and the keys to this bespoke built production and office facility should be handed over towards the end of 2020.

CST Industries are the global leader in storage tanks and covers and their relocation to Castlewood Business Park is recognition again of the fantastic location and facilities available on the park and more importantly should provide all of the property market with a real lift at this difficult time.

Not only will Clowes Developments commence construction of a bespoke unit for CST but simultaneously they will speculatively develop two further units on the site. Another great show of faith in the strength of Castlewood and hopefully one which will provide a boost to the East Midlands property market.

UK Director of Financial and Administrative Affairs, Rachael Hallam from CST Industries, commented:-

“CST are very excited about this move, which will see our team currently situated in Alfreton, relocate approx. 3 miles down the road to the state of the art Castlewood Business Park.  The project has been handled by myself and Danny Gibbons our General Manager with the support of FHP Property Consultants and Clowes Developments.  This new facility will give us a more energy efficient building and will also give us an excellent opportunity to streamline CST+ supported processes.  With the attractive building, it will provide us opportunities from a PR and customer relations perspective, plus with an enhanced working environment, the facility will also attract high grade candidates to join our growing UK team.”

Development Director at Clowes Developments, James Richards, commented:-

“Perhaps now more than ever before we are thrilled to have concluded a further design and build deal at Castlewood Business Park, one of our flagship schemes in the East Midlands.  Given the awful environment that we are all working in at present, where our hearts go out to anyone adversely affected by this terrible pandemic, business deals such as this seem trivial.  However, whilst so insignificant in many ways, for the property market this deal is major news given the commitment of our intended occupiers to the site at a time when so few deals are being completed.

It has been a pleasure dealing with Rachael at CST and her team throughout and I can’t thank them enough for their commitment and assistance with seeing this deal over the line.

Similarly I can’t thank enough our Agent, Tim Gilbertson at FHP, and Solicitor, Heather Dixon of Geldards, for their perseverance as they really have both gone above and beyond the call to ensure that this deal completed.

Work has now started on site and we will deliver CST’s new building before the end of the year.

Perhaps as well we should mention that in conjunction with this bespoke unit for CST we are speculatively developing out two further units on the site at just over 11,000ft² and 30,000ft, each of which will also be ready for the end of the year and will be available to either buy or rent.

Whilst no one really knows how the economy and property market will react in the coming months, the continued interest we have received for Castlewood means that speculatively constructing space on site is the route forward we believe, particularly at a time when so few other sites within the East Midlands and indeed the nation as a whole are seeing speculative stock constructed.

We are sure though that with the team we have in place, economic conditions permitting, they will quickly find new buyers or tenants for the units to be constructed on site”.

The deal was put together by Clowes’ Agent, Tim Gilbertson of FHP, who added:-

“I don’t think I’ve ever been happier to see a design and build deal complete!  It is great to bring such positive news for the East Midlands property market and economy at a time when we are all concerned and suffering from the awful conditions that this pandemic has created for businesses across the board.

 As James suggests, personal health and wellbeing is all we should really be focused upon during these difficult times but with many individuals throughout the region worried not only about the health of their loved ones and themselves, but also having fears over business success or indeed job security, it is nice to bring a little positive news on the latter which might raise spirits a little.

None of us know where the market is going over the coming months but from enquiries received during the lockdown period we are still cautiously optimistic that our resilient local economy will continue to pull out all of the stops and protect the businesses and jobs throughout the region and hopefully therefore, with the speculative space to be constructed on Castlewood Business Park, there may well be companies wanting to take advantage of this and benefit from occupying prime warehouse or production space by the end of the year.

I would be delighted to discuss the availability of the two new units with any interested parties and with still over 30 acres of land left to develop at Castlewood I would equally be pleased to discuss any company’s requirements for accommodation from as little as 20,000ft² to well over 200,000ft² on the site”.

Guiding Clowes Developments through the legal process on this deal was Heather Dixon of Geldards.  Heather stated:-

“Coming at a time when we are all having to cope with unique, worrying and difficult circumstances, this has been a magnificent  ‘win’ for all parties involved.  With the help of Clowes Developments’ professional team, and many behind the scenes, it has been a tonic to be able to focus on concluding the deal.  COVID-19 threw up a number of challenges in the deal so particular thanks to Tim for providing a bespoke courier service to assist with signing the agreed documents.

When we are all yearning for things to get back to normal, this deal demonstrates the resilience we have in our East Midlands economy and I look forward to concluding other deals in the coming months.”

For further information on this exciting development at Castlewood Business Park and CST Industries’ relocation to their bespoke 25,000ft² new facility, or indeed to discuss the speculative units to be constructed and the availability of bespoke design and build space on Castlewood Business Park to either buy or rent, please contact Tim Gilbertson at FHP on 0115 950 7577 / tim@fhp.co.uk .

END

Tim Gilbertson

Date:  11^th May 2020

Tel: 0115 9507577

Email: tim@fhp.co.uk

Following completion of the new industrial development at Crown Park FHP Property Consultants and their clients, Clowes Developments, are pleased to announce the first sale.

The first unit has been purchased for occupation by Sunset VW as part of their expansion. Sunset VW have been established at Parcel Terrace since 1986, being specialists in the VW/Audi Group and have expanded organically over the years. They have continued to invest in the business and this new property acquisition is a natural next step.

Tim Richardson of FHP Property Consultants who brokered the deal commented:

“My clients have constructed a really high quality scheme with an excellent specification and a generous secure yard area. We are delighted that Sunset VW will be expanding into Crown Park which will provide additional facilities to supplement their existing premises. We are shortly due to complete on another letting to a national business and we will release further details of that in due course.”

Matt Jordan of Sunset VW adds:

“We are delighted with this new unit, the whole site looks fantastic and gives us the opportunity to continue to grow and offer the best possible service for our customers”

Crown Park is in a prime location for trade and other commercial uses and has already been a popular destination for many years.

During 2019 and into 2020, Clowes Developments undertook a new build of 5 terraced units ranging from 2,508sq ft to 7,696sq ft plus a separate, standalone unit measuring 4,426 sq ft with its own secure yard.

The design and layout of the new buildings was influenced by previous successful developments within the Clowes portfolio and incorporates design details which ensure optimal efficiency for both occupiers and consumers.

Amenities include generous car parking, circulation areas allowing large delivery vehicles to manoeuvre easily, an entrance barrier for security out of hours, cycle storage and an EV charging station at every unit.

Hannah Bailey, Development Surveyor at Clowes Developments, says:

“Understanding the local market conditions and demands, as well as thinking through our options meant we were able to bring forward a project that neatly fitted together with our existing offer and gave us greater flexibility and appeal on this site.

“To see the site come to fruition has been a really satisfying moment with the scheme now focused on offering high quality, sustainable units close to Derby city centre.

“Interest from local and national occupiers has already been healthy. The almost instant success of the first unit sold means we know we’ve put together an appealing scheme and look forward to working with local and national businesses old and new on the rest of the development.”

Units between 4,426 and 7,696 sq ft are available now for sale or to rent via Tim Richardson at FHP Property Consultants.

For further information please contact Tim Richardson of FHP Property Consultants on 01332 224 857 or email timr@fhp.co.uk.

ENDS

Tim Richardson

Date: 18th May 2020

In a deal brokered by FHP Property Consultants, Rotherhill in partnership with a private investor client have recently completed the purchase of an industrial facility and development land in Riddings, Alfreton.

Extending to 20,879 sq ft upon 1.88 acres with additional development land, the existing industrial facility is occupied by Silver X Logistics, a growing storage, warehouse and distribution occupier. The development land extends to 2.5 acres split across two plots of 1.7 and 0.8 acres.

The property adjoins the established Amber Business Centre and is accessed off Charity Road. The location offers easy connectivity to the A38 and J28 of the M1. Rotherhill will shortly be launching the opportunity to the market, offering flexible design and build accommodation ranging from 1,500 sq ft to 29,000 sq ft. Amber Business Centre is an established and well occupied industrial estate immediately adjoining the site.

Edward Jeffrey from Rotherhill comments:

“There is a shortage of high specification, newly developed industrial units below 30,000 sq ft across the region, with J28 of the M1 and the surrounding industrial areas being no exception.

Our intention is to develop to suit local business needs, providing a flexible range of unit sizes allowing businesses to future proof their presence in the region. Importantly, buildings will be available on both a freehold and leasehold basis.“

Tim Richardson from FHP Property Consultants adds:

“This area has proved very popular over the years, benefitting from easy access to the A38 and thereby the M1 motorway, Derby, Nottingham and the surrounding areas. There are a wide array of local manufacturers and warehouse operators alike in the Alfreton area and we expect this opportunity will appeal to businesses looking for their next move and in particular purchase their own property.”

Sean Bremner from CPP, joint marketing agents said:

“This scheme is another boost to the local market. It will present businesses with a new and rare opportunity to buy new build premises alongside leasing. The size range will suit the local and regional occupiers and we expect a good level of demand from its forthcoming launch.”

For further information please contact Tim Richardson of FHP Property Consultants on 01332 224 857 or email timr@fhp.co.uk.

ENDS

Tim Richardson

Tel: 01332 224 857
Email: timr@fhp.co.uk
Date: 21st May 2020

A few weeks ago we were able to report news of a completion of a sale of substantial warehouse premises on Glaisdale Drive and pleasingly, even in these hard times for one and all, the strength of this location has been proved again as Tim Gilbertson and Chris Proctor of FHP have completed the sale of a further property on Glaisdale Drive, one of Nottingham’s foremost industrial and distribution locations.

This time, acting on behalf of Malcolm White of Granada Glazing, a sale has been concluded of impressive warehouse and production space extending to just over 20,000ft² on the estate to an expanding Nottingham company.

Tim Gilbertson commented:-

“This is the second sale on Glaisdale Drive that we have managed to complete during the lockdown period and we thank both our Clients, the Vendor and the Purchasers for their commitment to the sale.  At a time when so few deals are being completed it is great to report such positive news for what remains one of Nottingham’s premier industrial and distribution locations.

We are still seeing some enquiries for space come through and equally are managing to complete some deals as well and it is lovely to bring news of a sale which will enable a successful Nottingham company to continue with their expansion plans for the future.

As a company we are still very much open for business and are advising property owners and occupiers across the board on a number of commercial property considerations and we continue to offer advice to Property Developers, Tenants, Landlords and Owners in this unprecedented period and are able to assist on any commercial property matter.”

The new owner of the building, an expanding Nottingham company who wish to remain anonymous at present, commented:-

“The purchase of this property has been smooth throughout.  Without Chris Proctor’s consistent hard work we wouldn’t have managed to get this deal over the line.  All at FHP have been very professional and helpful throughout and we really appreciate their coordination from the first day our offer was accepted.”

Malcolm White of Granada Glazing commented:-

“Tim and Chris went above and beyond in their efforts to market and sell our property. They were extremely knowledgeable, helpful, attentive, honest and responsive. Having dealt with many commercial property sales before, I would say this has been one of the most professional and impressive teams I’ve worked with and I strongly recommend their services.” 

For further information on this deal or to ask for help on any commercial properties please contact the team on 0115 950 7577 or email tim@fhp.co.uk.

END

Tim Gilbertson

Date:  18^th May 2020

Tel: 0115 9507577 / Email: tim@fhp.co.uk

We are pleased to confirm that construction of three industrial/warehouse units at Victory Park in Derby are well underway with completion anticipated in Autumn.  The first unit has been pre-sold to Scitek Consultants as part of their expansion.  The remaining two units are approximately 12,700ft² and 28,050ft² and are available either for sale, freehold or alternatively to let on new leases.

The development is being marketed by joint agents FHP Property Consultants and Salloway Property Consultants and comprises the final phase of this successful development which includes occupiers such as Gardner Aerospace, Intertek, Western Power Distribution and Seamers Joinery.

Tim Richardson of FHP Property Consultants comments:

“It is great to have some positive news that this development is on track and will provide much needed space for the local market upon completion.  It is situated directly next door to the Rolls-Royce Civil Aerospace main campus and provides a rare opportunity for companies to buy or lease their own premises.  Each unit is detached and sits on its own secure site and will be finished to an excellent specification.”

If you are looking for space in the area then please get in touch with the agents.

For further information please contact Tim Richardson of FHP Property Consultants on 01332 224 857 or email timr@fhp.co.uk.

ENDS

Tim Richardson

Tel: 01332 224 857

Email: timr@fhp.co.uk

Date: 18^th May 2020

On behalf of retained clients, Chris Proctor of FHP Property Consultants is pleased to confirm the completion of the sale of Unit C3 Linkmel Close, Queens Drive Industrial Estate, Nottingham to John E Wright Limited.

The 11,582ft² premises will be used by the well-known national and local providers of high quality digital printing services, sign printing and exhibition systems who have been trading in Nottingham since 1900.

Chris Proctor of FHP Property Consultants commented:

“John E Wright have been pragmatic and sensible throughout the sale process and despite difficult circumstances we have managed to achieve an excellent result for both my client and the purchasers. It is pleasing to provide some positive news to the East Midlands property market, in tough times we are adapting and working harder than ever to ensure we can continue to offer the best property solutions for businesses to fulfil their property requirements.”

FHP’s client commented:

“We purchased Units C2 & C3 Linkmel Close back in August 2019 with both units vacant. We have now, with the help of Chris Proctor and Tim Gilbertson, successfully asset managed the units to achieve a long term letting to Doughnotts (bakery facility) on Unit C2 and dispose of Unit C3 Linkmel Close to John E Wright. This is a cracking result in such short space of time and we are now back in the market looking for our next opportunity.”

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

ENDS

Chris Proctor

Date: 18^th May 2020

Tim and Chris went above and beyond in their efforts to market and sell our property. They were extremely knowledgeable, helpful, attentive, honest and responsive. Having dealt with many commercial property sales before, I would say this has been one of the most professional and impressive teams I’ve worked with and I strongly recommend their services. 

On behalf of retained private clients MBH Investments Ltd, we are pleased to report the sale of Arlo House, 82-84 Daleside Road, Nottingham.

After a short marketing period from Chris Proctor and Noel Roper the property received a high level of interest from a number of parties.  In order to conclude the interest received the client brought on board joint agents Allsops LLP to allow the property to be sold at auction and achieve exchange as soon as physically possible, given the current market conditions.  The property received the asking price at Allsops Auction from one of the interested parties.

Chris Proctor who brokered the deal commented:

“A good result for both parties, with my client receiving the asking price and the purchaser planning to re-let the building in the short-term with long term intentions for regeneration.”

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

ENDS

Chris Proctor

Tel: 0115 841 4798

Email: chris@fhp.co.uk

Date: 18^th May 2020

A joint venture between industrial developer and asset manager Chancerygate and international real estate firm Hines says it has pre-sold almost a quarter of its 18 unit, 156,812 sq ft Trent Gateway industrial and warehouse development in Beeston.

As well as selling a 4,877 sq ft unit to Midlands-based Eden Tyres & Servicing, the JV has sold three units totalling 25,099 sq ft to private investors. One of the units, consisting of 13,003 sq ft, will be occupied by gym equipment companies, Indoor Sport Services and Again Faster.

Trent Gateway forms part of the former Siemens Communications site. Construction is scheduled to complete by the end of May.

Chancerygate development director, Mark Garrity, said:-

“The level of interest in Trent Gateway has been consistently high since even before work started on the site. These pre-sales are testament to the high quality of the accommodation and its excellent location.

“Interest in the remaining units is high and we look forward to continuing discussions with potential occupiers looking to take advantage of such an attractive opportunity.”

 Greg Cooper, Hines UK director of industrial and logistics, added:-

 “Our joint venture with Chancerygate goes from strength to strength, with our portfolio of prime industrial space representing around one million square feet. Our leasing success at our developments across the UK demonstrates the growing demand for high quality, well-located industrial and logistics space.”

Trent Gateway is located within the wider 48-acre Beeston Business Park which is a JV between Chancerygate and Bridges Fund Management. Beeston Business Park’s 220,274 sq ft was recently fully let following a deal with housing Metropolitan Thames Valley Housing to secure 34,400 sq ft of Grade A office space on a 20-year lease.

FHP and Innes England are joint letting agents for Trent Gateway. FHP advised Chancerygate on all four of the pre-sales and all values relating to the sales are undisclosed.

ENDS

Contact: Mark Tomlinson

Tel:          0115 841 1134

Email:     mark@fhp.co.uk

Date:      15^th May 2020

On behalf of investor clients, FHP have completed the sale of substantial warehouse and industrial premises on Glaisdale Drive, Nottingham.  Handled by Tim Gilbertson and Chris Proctor of FHP, the sale sees just under 30,000ft² of space sold.

Tim Gilbertson commented:

“At a time when we all need a bit of a lift as each and every one of us has our concerns over the future, it is good to report some positive commercial property news as we have just completed on the sale of nearly 30,000ft² of good quality space on Glaisdale Drive.  This shows that some deals are still progressing as well funded purchasers realise that opportunities to buy remain very thin on the ground throughout the East Midlands and hopefully this situation will continue in the future and a glut of property won’t come to the market reflecting bad news for the economy all round.

It is great to see this deal complete, we also have the neighbouring premises under offer on behalf of a completely separate client and hopefully there might be some more good news to show then.

We remain still very much open for business and whilst obviously enquiries from occupiers looking to buy or rent space are at low levels we would still be delighted to speak with any potential buyers or renters looking for space even if it is vwith a view to taking something on in a few weeks or months time even, when hopefully we are all through the other side of this horrible period.

Please feel free to pick up the phone or drop an email to Chris Proctor (07747464770 / chris@fhp.co.uk) or Tim Gilbertson (07887 787893 / tim@fhp.co.uk).

For further information on the transaction or to see how FHP could help sell or rent your building or find you a new property to occupy please contact us on the details above.

END

Tim Gilbertson

Date:  25 March 2020

Tel: 0115 9507577 / Email: tim@fhp.co.uk