On behalf of private clients, FHP Property Consultants are delighted to bring to the market this detached industrial/ warehouse unit on Belfield Street in Ilkeston for sale.

The property is situated in a courtyard environment off Belfield Street on the north side of Ilkeston town centre. Belfield Street links to the A6096 which provides easy access to the A610 dual carriageway, ultimately leading to Junction 26 of the M1 Motorway.

The property comprises a detached warehouse building with car parking to the front and a self-contained secure yard to the rear. The property is of steel portal frame construction, internally the accommodation is split into two self-contained units which can be converted back to one. The total site area extends to 0.38 acres.

FHP are marketing the property at a guide price of £500,000.

Corbin Archer of FHP Property Consultants commented:

“This property offers investors and owner occupiers a rare opportunity to purchase a 5,500 sq. ft industrial unit in Ilkeston. Units in this location rarely are available for sale and when they are we usually place them under offer within a matter of weeks, I therefore expect to receive a lot of interest in this property. If you are interested, please contact me on the contact details below.”

For further information on the above, please contact Corbin Archer on 07929 716 330 or corbin.archer@fhp.co.uk.

ENDS

August 2024

These are exiting times in the Mansfield secondary industrial market and in particular on the Albert Martin Business Park where further investment is being put into the business park by the landlords (Ivygrove Developments Limited) due to the great success we have had with lettings.

Our client (Ivygrove) purchased the Albert Martin Business Park as a distressed secondary industrial asset and have pumped serious capital into this estate already since their ownership with more investment to come.  This confidence coming from over 10 lettings completed on the estate by FHP and the high occupancy rates achieved.  We currently have on the market Unit 5 (27,138ft²) and Unit 6 (25,052ft²) available individually or combined (52,190ft²), which the landlord has been refurbishing alongside demolition, strip out works, upgrade works to the offices internally and the removal of all registered asbestos.  We are close to completion of these works at Units 5 and 6 and we are very excited about the product we will have at the end of this refurbishment programme and round of capital expenditure, with all other units let on the estate.

Talking more generally about the secondary Mansfield industrial market, in 2024 I personally have let the following secondary industrial properties in Mansfield which shows the demand for secondary accommodation:

• Unit 2, Albert Martin Business Park – 13,702ft²
• Unit 5A, Albert Martin Business Park – 11,663ft²
• Unit 3, Langham Park – 26,024ft²
• Unit 4, Langham Park – 13,937ft²
• Unit 5, Langham Park – 13,998ft²
• Units 1-3, Windsor Court – 40,133ft²
• 38 Brookhill Road – 10,020ft²

This space totals 129,477ft² (for more information on these transactions please get in touch).

Anthony Barrowcliffe of FHP commented:

“So far in 2024 I have personally let 129,477ft² of secondary industrial stock in Mansfield with demonstrates that the secondary industrial market in this area is performing very well with huge amounts of interest for space within the locality priced between £4.00-£6.50 per sq ft. 

I am already in deep negotiations/conversations with occupiers for Units 5 and 6 Albert Martin Business Park and have great space still available on the market including Portland Drive and Devonshire Court in Shirebrook, Bestwood Road in Pinxton and Queens Court on the Crown Farm Industrial Estate, to name but a few. 

I am excited to keep pushing this side of the market especially in the Mansfield area with more really exciting properties to come such as Unit A, Millennium Business Park, Concorde Way, Mansfield which extends to 40,325ft².  

I look forward to engaging with interested parties with the new stock coming as well as the existing stock on the market.”

For further information on the lettings completed in the Mansfield area, any properties we have on the market, the new properties I have coming, or for a general conversation on the secondary industrial market in Mansfield please contact Anthony Barrowcliffe of FHP on 07557 972008 or anthony@fhp.co.uk.

Following on from the agreement of the sale for a bespoke building of just over 100,000ft² for ABB at Fairham Business Park, Nottingham, steelwork is now up and the development is racing forward.

Due for completion in July 2025, the building will provide state of the art facilities for ABB, enabling their relocation from the centre of Nottingham to Fairham, which is probably the most accessible site by car, tram, bus and train in the region.

Sitting outside of Nottingham’s Workplace Parking Levy, the site provides quick access to the centre of Nottingham which sits a few minutes’ drive away and equally the M1 motorway at Junction 24.

To be constructed to a BREEAM ‘excellent’ standard and an EPC rating of ‘A’, this bespoke facility provides a mix of extensive office and laboratory space with manufacturing and storage facility combined, all on a self-contained site adjoining the dual carriageway A453.

The sale to ABB was agreed by Tim Gilbertson of FHP and the latest deal will see over 500,000ft² built at Fairham Business Park.  As a result, plots for manufacturing and distribution space are now running low and any parties interested in buying or renting a bespoke built facility at Fairham Business Park in Nottingham are encouraged to speak to Tim Gilbertson (07887 787 893 / tim@fhp.co.uk) at FHP Property Consultants or Rob Champion (07530259915 / Rob.Champion@fishergerman.co.uk) at joint agents Fisher German before it’s too late!

ENDS

Tim Gilbertson

19 August 2024

Following the recent deal on Unit 3 Brunel Drive, FHP Property Consultants are pleased to announce the disposal of another freehold opportunity in Brunel Drive, Newark, this time to Advanced Property Services UK Limited.

Unit 4 Brunel Drive comprises a 1,890 sq ft industrial unit with yard space, that is located on a secure and gated site and benefits from easy access to A46 and A1 dual carriageways.

Ketlin Maeorg from FHP Property Consultants comments:

“I am very pleased to have completed another sale in Brunel Drive, Newark.  It is always great to bring positive results to our clients and I wish the purchasers continuous success in their new property. 

This is further proof of the strong demand we have for freehold industrial space across the region. Capital values stay strong as we continue to produce a good level of interest across the industrial market.” 

For further information on the current industrial availability or to see how FHP can help you regarding your property requirements, please contact Ketlin Maeorg on 07929 673 232 / ketlin@fhp.co.uk.

On behalf of private clients, FHP Property Consultants are delighted to announce the letting of Unit 16, Cotton Brook Road, Derby, DE23 8YJ.  Cotton Brook Road is a popular industrial location positioned just off Shaftesbury Street which is accessed from the A514 Osmaston Road which connects to the inner and outer ring roads.

The property provides clear span industrial/warehouse accommodation with kitchen, W/C’s and office facilities.  The property also benefits from an electric roller shutter door and a securely fenced yard to the front.  The unit has undergone a comprehensive refurbishment to include new cladding to the front, new roof, LED lighting, electric roller shutter loading door, new double-glazed windows and high-quality modern office space. The premises comprise 6,231ft² and have been let on new lease terms for a period of 10 years.

On the righthand side of the property is 14 Cotton Brook Road, to which FHP has just completed the sale on a freehold basis.  This property also comprises the same high-quality fit-out and refurbishment.

The demand for freehold and leasehold industrial/warehouse space in the heart of Derby still continues and FHP are more than happy to discuss your property with you.

Harry Gamble of FHP Property Consultants commented:

“Now that these units present extremely well, it was undoubtable that they were going to be snapped up quickly. Whilst we cannot disclose the freehold price, we can say, it was a strong capital value. There is still a limited number of high-quality mid-size industrial/warehouse units in Derby so if you have a property that you’re looking to sell or let, then please do not hesitate to get in touch with me.”

For further information on the above, please contact Harry Gamble on 07398 443 828 or harry.gamble@fhp.co.uk.

ENDS

August 2024

I am pleased to announce three individual industrial lettings in South Normanton, just off Junction 28 of the M1 Motorway.

The three lettings totalled 53,929ft² and all were transacted at £5 per sq ft.

These lettings clearly show the demand within the industrial market/sector for stock and that the secondary stock side of the market is still very popular and suitable for many occupiers.

FHP currently have a good amount of stock of this nature in this area and we would be glad to discuss these opportunities within any local occupiers, especially those not looking for new build stock.

Anthony Barrowcliffe of FHP commented:

“South Normanton/Mansfield in particular is an area FHP have had great success in and continue to do so.  We have transacted on some great deals in the Junction 28 area over the last 12 months and we have some exciting property opportunities to come. 

Enquiries are still very strong, we are undertaking a good amount of viewings and we are transacting on deals of this nature throughout the whole area. This market remains resilient and the message is still good and positive on any well presented, priced correctly, secondary industrial stock”

For further information on this letting or the available options we have in this area please contact Anthony Barrowcliffe of FHP on 07557 972008 or anthony@fhp.co.uk.

Development Director at Clowes Developments, James Richards, is delighted to formally announce that contracts have been exchanged with ABB Group for the bespoke development of a new 100,000ft² facility at Fairham Business Park, just on the edge of Nottingham adjoining the A453.

In a deal agreed by Tim Gilbertson of retained agents FHP Property Consultants, work has already started on site with the property due to be constructed at speed and ready for occupation by ABB in July 2025.  James and Tim are shown proudly in front of the rapidly rising new facility where construction is racing forward.

The new facility will replace ABB’s current Nottingham base closer to the City Centre and will provide state of the art accommodation for their market leading electrification and automation businesses.  As a world leader with over 140 years of excellence, and employing over one hundred thousand employees worldwide, ABB recognised the fantastic location that Fairham Business Park offered and following extensive discussions with James Richards of Clowes Developments and his agent Tim Gilbertson of FHP, a deal was quickly struck to construct a bespoke facility which will be sold to ABB upon completion.

ABB will be a further welcome addition to Fairham Business Park becoming the fourth occupier on the site, with further deals at Fairham to be announced shortly.

James Richards, Development Director at Clowes Developments, commented:

“We are delighted to welcome ABB to Fairham Business Park, their arrival is a great step for the business park and hopefully for ABB as well as we continue to capitalise on Fairham’s unique location, which adjoins the A453 providing quick access to the centre of Nottingham and Junction 24 of the M1 whilst also abutting a tram stop, park and ride and having the benefit of Parkway Station on the other side of the A453 and a location which still sits within minutes access of East Midlands Airport as well as the M1 motorway.

We have further deals to announce shortly at Fairham and once completed, the ABB building will take us to well over half a million square feet built and hopefully we will be in a position to formally announce further deals shortly.

We have the further fabulous opportunity at Fairham of being able to sell as well as rent space constructed and this, combined with the wonderful location we have, really is creating a lot of interest in the scheme.

The next phase of development will offer not only warehouse and industrial solutions but also gym, hotel, trade counter and retail opportunities and we look forward to providing more details on these elements in due course.

Many thanks to Tim Gilbertson at FHP Property Consultants who introduced us to ABB and agreed the deal on our behalf and thank you as well to our joint agents Fisher German.”

Tim Gilbertson, Director at FHP Property Consultants, commented:

“It is a pleasure to work on Fairham Business Park, we have a very capable client and a fabulous location and when combined, these factors are leading us to complete a number of deals on the site with this latest one seeing a further one hundred thousand square feet built bespoke for ABB who will purchase the building upon completion. 

The ability to sell as well as rent space on the park really is a massive advantage and in a market where there is still a real lack of stock, we are seeing more and more interest on design and build opportunities so that we can provide bespoke property solutions for occupiers.

I am sure Fairham will continue to go from strength to strength and together with our joint agent, we look forward to announcing further deals shortly.”

For further information on the transaction or to discuss Fairham Business Park or property matters in general, please contact Tim Gilbertson at FHP Property Consultants on 07887 787 893 or email tim@fhp.co.uk.

ENDS

Tim Gilbertson

5 August 2024

Located just off the A50 and M1/M6 link, only 12 miles from Derby, 23 miles from Stoke and 31 miles from Nottingham, Dove Valley Park is accessible to 48 million people within a 4-hour drive.

Dove Valley Park is a major 200-acre industrial/distribution development at the centre of one of the country’s most important manufacturing areas and consequently is home to household occupiers such as JCB, MEG Group, GXO, etc, all of which were drawn by the fantastic accessibility for both staff and deliveries.

The final phase consists of 34-acres which is available for design and build industrial/warehouse units, which we can offer on a freehold basis or leasehold basis.

Darran Severn and Tim Gilbertson of FHP Property Consultants, who are marketing the site commented:-

“There are not many other sites in the East Midlands where you could buy a unit from 30,000ft² – 400,000ft², particularly with such good connectivity to both the M1 and M6 Motorways.  The beauty of build to suit, is that we can offer occupiers bespoke units designed to their exact specification, whether that’s for storage and distribution or manufacturing and production uses.   As a certain famous brand of beer would say, probably the most competitively priced freehold design and build scheme in the Midlands? 

Certainly the calibre of product, location and skill of the developers, Clowes Developments cannot be challenged and we would love to put our beliefs on pricing to the test! 

Clowes Developments are well versed in the delivery of these high quality industrial and warehouse units.  Given their extensive knowledge and excellent development history, they are well placed to deliver these units to occupiers at competitive market rates.

Please do get in touch with either myself or Tim for further details on availability, specification and pricing and we can come back to you with a tailored proposal within 48 hours.”

 For further information, please contact Darran Severn on 07917 460 031 / darran@fhp.co.uk or Tim Gilbertson on  07887 787 893 / tim@fhp.co.uk.

ENDS

July 2024

FHP are delighted to announce the successful completion of additional lettings at Headstocks Industrial Park, with two more units currently under offer and nearing completion. Headstocks is a newly developed scheme in Watnall, featuring 22 high-quality industrial/warehouse units. The Park offers excellent access to J26, of the M1 Motorway and is approximately 6 miles northwest of Central Nottingham, with nearby transport links. The locality of the units to the M1 Motorway is a key drive for industrial occupiers on-site, as well as a crucial attraction for potential new tenants.

Headstocks Industrial Park ranges in sizes available from as small as 2,500ft² to 30,000ft² all featuring high-quality finishes, WC facilities and well-fitted kitchens equipped with hot water taps – ideal for tea and coffee enthusiasts! Additionally, the units boast a high level power supply, ensuring they meet the demands of various businesses on the site.

Proving to be a successful site, we have now secured 11 lettings with a further 3 under offer leaving only two 15,000ft² and several 3,500ft² units remaining. The site benefits from a diverse range of occupiers on the estate including Oshino Lamps UK, Park Safe Ltd, Simcas Composites, CC Signs, Precision Engineering amongst others. FHP are pleased with the successful activity so far and look forward to generating new enquiries to hopefully lead to securing more lettings on the site.

A new occupier at Headstocks, commented:

“The transition from the initial viewing to securing the keys was smooth and the interaction with the landlord throughout the process allowed us to quickly resolve any outstanding queries and start to develop a good landlord-tenant relationship. FHP were helpful and efficient throughout and provided a professional but personal approach all the way through to securing the keys. It is great to see the mixture of tenants on the estate and we are excited to see who our new neighbours will be.”

Amy Howard, Surveyor at FHP Property Consultants commented:

“The scheme is off to a great start with the successful lettings at Headstocks, and it is always positive to see a happy client. The process from initial viewings to handing over the keys has been completed within a quick timeframe, benefiting all parties involved. It is also pleasing to witness the strong relationships already being developed between our client and the tenants.

Securing full occupancy on the site is a key target for us and we hope to achieve this within the upcoming months. Our aim is to push the marketing on this and hopefully secure some further successful viewings to lead to more take-up.”

If you are interested in the remaining units at Headstocks Industrial Park or require some further information, please feel free to contact myself on 07887 787894 or email me at amy.howard@fhp.co.uk.

ENDS

26 July 2024

Ashbourne based developers PMW Property, are speculatively building two new high specification industrial and logistics units at Dove Way, Uttoxeter.  The units range from 33,843ft² to 109,345ft² and are nearing completion with the larger of the two being ready for occupation in October with practical completion estimated for the smaller unit in December.

Situated on the A50, Dove Way, Uttoxeter is positioned between Burton-on-Trent and Stoke-on-Trent and comprises a new two unit development providing high quality industrial/logistics warehouses.  Dove Way provides direct access to the centre of Uttoxeter and the M6 (J16) is within 20 miles and the M1 (J24) is within 26 miles.

The units boast an excellent specification with minimum 10/12 metre eaves, dock and access level loading doors, floor slab load of 50kn M², 15% roof lights and a glazed entranceway.  In terms of ESG credentials, the developer is targeting an excellent BREEAM rating.  Both units are available to purchase or rent.

The scheme is being jointly marketed by FHP Property Consultants and Salloway Property Consultants.

Darran Severn of FHP Property Consultants and Phil Randle of Salloway Property Consultants commented:

“It’s great to see these units take shape and it still surprises me on how quickly they come out the ground.  Whilst the weather has not been on the contractor’s side, the delivery of these units is still on schedule with practical completion set in the next couple of months. 

The units will suit a mixture of uses including storage and distribution, production or manufacturing.  We have already been carrying out a number of viewings and are hopeful with completion nearing that one of these will lease to a sale or letting.”

For further information or to arrange a viewing, please contact Darran Severn on 07917 460 031 / darran@fhp.co.uk or Tim Gilbertson on  07887 787 893 / tim@fhp.co.uk or our joint agent Phil Randle on 07970 293 740.

ENDS

July 2024

FHP Property Consultants are delighted to confirm the latest sale of a good quality industrial unit in Brunel Drive, Newark to X2 Connect.

Acting on behalf of a private client, Ketlin Maeorg of FHP completed the sale of the 2,636ft² warehouse unit with fitted office space.  The property sits on a secure and gated site and benefits from a large shared yard.  Brunel Drive Industrial Estate is a well established industrial estate in Newark, which can be easily accessed via both the A46 and A1 dual carriageways.

Ketlin Maeorg commented:

“I am really pleased with the recent completion of Unit 3 Brunel Drive and to have secured this successful deal for our client.  This was a fantastic deal to complete and I believe a great result for both the vendor and the purchaser.  We are witnessing a continuous strong demand for freehold industrial stock throughout the East Midlands.  The high number of businesses seeking freehold space and the lack of available stock, create favourable conditions for anyone considering selling their industrial units.  With Unit 3 Brunel Drive sold and further units under offer in the area, we continue to achieve great results for our clients.”

For more information on this deal or to see how FHP can help you, please contact Ketlin Maeorg on 07929 673 232 / ketlin@fhp.co.uk.

On behalf of private clients, FHP Property Consultants are delighted to bring to the market these new build industrial/warehouse units on Digby Street, Ilkeston. Both units are now complete and ready for occupation offering 3,000ft² split or 6,000ft² as a whole at a rent of £27,000 per annum or £54,000 per annum respectively.  These units are refurbished to a very high standard with the external of the property being re-roofed and over cladded amongst an internal refurbishment. The premises offer 5.2 metre eaves height, 3 phase electric power, warehouse LED lighting and roller shutter loading door per unit.

The site is located on the fringe of Ilkeston town centre on Digby Street, just off the A6096 Station Road which provides excellent access to the A610 leading onto Junction 26 of the M1 motorway.  Ilkeston is a popular industrial location that sits between the major cities of Derby (10 miles to the south west) and Nottingham (8 miles to the east).

The accommodation provides high-quality clear-span warehouse space benefitting from solid concrete load-bearing floors, car parking, levelled and painted floor, W/C facilities and a kitchenette.

Corbin Archer of FHP Property Consultants comments:

“I am pleased to confirm that these newly refurbished units are ready for occupation.  The client has done an excellent job in refurbishing these units to a high quality by re-roofing and over-cladding the property together with internal refurbishment works.  I am confident that this will bring a lot of interest into the property as this property brings more small to mid-range high-quality industrial/warehouse units into the market”

For further information or to arrange a viewing, please contact either Corbin Archer on 07929 716 330 / corbin.archer@fhp.co.uk or Harry Gamble on 07398 443 828 / harry.gamble@fhp.co.uk.

ENDS

July 2024

On behalf of private clients, FHP Property Consultants are delighted to announce the new build industrial/warehouse units on Sawmills Industrial Estate in Heanor are now complete and ready for occupation.  We have a range of sizes available starting from 1,507ft² as they can be split in a multitude of ways, and they are built to a very high standard.  The units offer very competitive rents ranging from £8.50 per sqft to £9.75 per sqft dependent on size.

The property is located off Longbridge Lane in Heanor which is a convenient location due to its links with the A610 dual carriageway leading to Junction 26 of the M1 motorway 9.5 miles to the east and the A38 to the west.

The accommodation provides high-quality clear span warehouse space benefitting from solid concrete load bearing floors, LED lighting, 3 phase power and an eaves height of 5.5m rising to 6.5m. Externally the site benefits from allocated car parking and yard space within a self-contained gated site.

Corbin Archer of FHP Property Consultants comments:

“I am pleased to confirm that the new build units have now completed and are ready for occupation. I am confident this news will bring interest into the property now they that they are ready to let as this development offers much needed small to mid-range high quality new build industrial/warehouse units in Heanor which offers excellent accessibility to the East Midlands and wider UK.”

For further information or to arrange a viewing, please contact either Corbin Archer on 07929 716 330 / corbin.archer@fhp.co.uk or Harry Gamble on 07398 443 828 / harry.gamble@fhp.co.uk.

ENDS

July 2024

FHP have seen firsthand the strong demand for industrial/warehouse premises in Ilkeston and its surrounds, including West Hallam.  Having placed a prominent detached warehouse consisting of 11,942ft² under offer on Manners Industrial Estate, we had originally placed it on the market to rent for which we had strong interest including three offers, we were then instructed to sell the premises which resulted in even greater interest.

At West Hallam Industrial Estate we have had great success letting the ‘Romney’ style World War 2 Ordnance Depot units offering flexible terms seeing five units let within 2024.  The new build units on the scheme also became fully let this year proving the location is popular for start up occupiers all the way to established large businesses.  We still have a small number of units available in the region, including recently refurbished 3,000ft² units on Digby Street, a 16,000ft² unit on Cossall Industrial Estate and new build units close by in Heanor.

The current market conditions in Ilkeston are strong despite the current economic and political climate of the wider country due to the lack of supply of warehouse premises available in the area and the high demand from local occupiers looking to remain in the region. The area has proven to be somewhat market proof with enquiries remaining constant and deals being done throughout a turbulent economic period within the UK.

The UK wider economy has struggled in recent years following the pandemic leading into the war in Ukraine, the conflict in the Middle East, high interest rates and most recently the general election which has just taken place.  All of this has a large effect on the commercial property market as occupiers are more cautious on moving or purchasing premises with such large uncertainty.  That being said, in Ilkeston demand has remained strong throughout this period largely in part due to the lack of available premises especially those of good quality.  There remain few new build schemes in the area, a key scheme currently under construction is at New Stanton Park but the smallest units available are 11,015ft², further afield is the best option at Headstock Industrial Estate in Watnall, where they have satisfied the much needed demand for small-mid range new build units.

Another reason for Ilkeston’s commercial market being strong is the demand from local occupiers looking to remain within the area and not look elsewhere causing a bubble effect in the region. The reason being is, if an occupier is looking to expand into another warehouse, the logistics involved with having two units in different areas causes issues, staff retention may be difficult as staff will not want to travel further and lastly, many of the local businesses all work with each other and therefore would not want to leave the area.

We are therefore seeking more stock in the area and if you are looking to sell or rent your premises then please do get in touch with us and we would be happy to advise you accordingly as I am sure we are already speaking to the potential purchaser or occupier.

For further information please do not hesitate to contact Corbin Archer on 07929 716 330 / corbin.archer@fhp.co.uk or Darran Severn on 07917 460 031/ darran@fhp.co.uk.

ENDS

July 2024

“I would like to thank Tim Gilbertson and all at FHP for yet another very smooth purchase of the property at Great Central Road in Mansfield.  FHP’s professionalism is seamless as always, no messing at all, FHP help get what’s needed done efficiently.”

Acting on behalf of long term clients, FHP’s Tim Gilbertson is delighted to confirm the disposal of another freehold opportunity in north Nottinghamshire, this time having concluded the sale of just under 20,000ft² of trade counter/warehouse space in the heart of Mansfield.

Sold to the continually expanding and successful Richford Motors, once agreed, the sale progressed quickly and takes yet another of the few available freehold manufacturing/distribution buildings out of the market.

Tim Gilbertson, who dealt with the sale, commented:

“My thanks to not only my longstanding clients here but also Phil Richford of Richford Motors for their assistance in ensuring that this sale went through quickly.  It’s another success story for us, a further building of just under 20,000ft² on a large site sold in north Nottinghamshire, reducing available stock yet again, particularly on a freehold basis.

As we enter the summer period, there is undoubtedly better momentum in the industrial and distribution sector, particularly for freehold sales of all sizes as stock levels continue to diminish, which is great when it results from successful sales and lettings, as is the case here, but we are finding more and more parties frustrated by the lack of available options.

Hopefully, this will change later in the summer once the holidays are over as it would be fabulous to build on the current momentum in the market and achieve more disposals before the end of the year.

My thanks and best wishes to our purchaser here for his continued success and expansion.”

The purchaser of the site and premises, Phil Richford of Richford Motors, commented:

“I would like to thank Tim Gilbertson and all at FHP for yet another very smooth purchase of the property at Great Central Road in Mansfield.  FHP’s professionalism is seamless as always, no messing at all, FHP help get what’s needed done efficiently.

We are very happy with our new site in Mansfield, this site is to complement Richford Motor Services Ltd in their continuing growth and keep vehicle recoveries local to the Mansfield area, create more jobs locally and help with minimising our carbon footprint.  The site will be fully refurbished to a high standard. We will be advertising for job opportunities to get the site up and running promptly.”

For further information on the deal or to see how FHP can help you let or sell your surplus accommodation, please contact Tim Gilbertson on 07887 787 893 or tim@fhp.co.uk.

ENDS

Tim Gilbertson

17 July 2024

On behalf of private clients, FHP Property Consultants are pleased to confirm the sale of 92 – 124 Wiltshire Road, Chaddesden, Derby to Derby Prestige Cars.

92 – 124 Wiltshire Road is well located in one of Derby’s largest suburbs, just 1.3 miles east of Pentagon Island which connects to the A52 and A61.

The property sits on a 0.6 acre securely fenced site and comprises a garage/showroom, three workshops, a 3 bedroomed flat and a beauty salon.  Externally there is a hard surfaced fenced and gated yard.

Darran Severn from FHP Property Consultants comments:

“I am extremely pleased the sale of 92 – 124 Wiltshire Road has completed.  There is a lot of history connected to this property having been owned by our client for over 30 years and it is good to see the property will be used for a similar use going forward.

Pleasingly there is still good demand for freehold properties not just in Derby but across the region and sales like this are continuing to complete.  Capital values remain constant and we are continually speaking with a number of businesses who are still actively searching for similar opportunities.”

For further information please contact Darran Severn on 07917 460 031 or darran@fhp.co.uk.

ENDS

July 2024

I am delighted to have assisted in the letting of Unit 4, Castle Park to 3 Line Electrical aiding in their expansion in Nottingham.

3 Line Electrical moved from Unit 12 to Unit 4 taking on a unit twice the size showing the clear expansion and growth of this trade counter occupier.

I am very proud to be involved in this estate made up of two terraces of units which face onto the main estate road/forecourt.  The buildings over the years have been substantially refurbished and offer everything to cater for an industrial occupier.

We have a fantastic mix of tenants throughout this scheme who trade well from this estate which is located on the south of Nottingham City Centre conveniently fronting the A453 and in very close proximity to Nottingham’s Inner and Outer Ring Road (A52).

Not only is this a superb location in terms of road connectivity there is also brilliant public transport to the site including the NET tram, bus routes to Queens Drive and Nottingham train station is located within 1 mile of the estate.

I am delighted that we have the following units coming to market which we look forward to working on and discussing with interested parties:

• Unit 12 – 397m² (4,269ft²)
• Unit 8 – 3,131m² (33,699ft²)
• Unit 6 – 1,326m² (14,277ft²)

Anthony Barrowcliffe of FHP commented:

“I really enjoyed working on this transaction with the landlord Mileway where we achieved very good terms alongside the tenant 3 Line Electrical who were very invested in this location with their staff and current client base.  All round this was a superb deal for all parties.”

Our joint agent Sean Bremner of CPP commented:

“Castle Park remains a popular estate in a location favoured by many occupiers, a position underpinned by 3 Line’s ambitions to grow in this location.  The calibre of occupiers on the estate continually goes from strength to strength and we anticipate good interest in the upcoming opportunities.” 

For further information on this letting or the available units please contact Anthony Barrowcliffe of FHP on 07557 972008 or anthony@fhp.co.uk or Sean Bremner of CPP.

“This is the second building we have purchased through FHP and my thanks to Tim Gilbertson again, it has been great to work with FHP once more.”

Perhaps a strong claim but as agents for Clowes Development at Dove Valley Park, when talking to occupiers it’s something they often raise as being one of the key attractions of this opportunity which sits adjoining the A50 just west of Derby and the M1, east of the M6, Stoke and Manchester whilst providing immediate access to the A50.

Being marketed by Darran Severn and Tim Gilbertson of FHP, they commented:

“With the North West, West Midlands and East Midlands all within one hour drive time, a regular theme in our discussions with occupiers regarding Dove Valley Park is its central location in what remains one of the country’s most important manufacturing and distribution areas.

The scheme has been developed by Clowes over a number of years resulting in household name occupiers coming to the site such as JCB, Lidl, GXO, etc, all of which were drawn by the fantastic accessibility for both staff and deliveries that Dove Valley Park offers.

Just look at its location on a map and you can understand why it’s so attractive, statistically there are 48 million people within a four hour drive time and with infrastructure in place and excellent support offered from the local authority, what more could an occupier want!

We have the ability at Dove Valley Park to offer bespoke built units on a purchase or rental basis from circa 25,000ft² to just under 400,000ft² and having the ability to sell or rent those finished buildings really is unique in our marketplace.

We are now down to the last few plots available on the park and with there being a general increase in activity in the build to suit sector, I do hope that any occupiers looking for their next move will seriously consider Dove Valley Park as it really is one of the best locations around.”

For further information on the scheme or to chat through your property requirement, please contact Tim Gilbertson (07887 787 893 / tim@fhp.co.uk) or Darran Severn (07917 460 031 / darran@fhp.co.uk) of FHP Property Consultants.

ENDS

Tim Gilbertson

5 July 2024

On behalf of private clients, FHP Property Consultants are delighted to announce that new build industrial/warehouse units on Sawmills Industrial Estate in Heanor are nearing completion with a practical completion date of the end of July.

The property is located off Longbridge Lane in Heanor which is a convenient location due to its links with the A610 dual carriageway leading to Junction 26 of the M1 Motorway 9.5 miles to the east and the A38 to the west.

The accommodation provides 1,507ft² to 6,620ft² of high-quality clear span warehouse space benefitting from solid concrete load bearing floors, LED lighting, 3 phase power and an eaves height of 5.5m rising to 6.5m. Externally the site benefits from allocated car parking and yard space within a self-contained gated site.

FHP Property Consultants are marketing the property to lease at a rent of £11.00 per sq. ft and the units are available to split or as a whole.

Corbin Archer of FHP Property Consultants comments:

“I am pleased that this site is now nearing completion with the estimated date set for the end of July. The site offers much needed small to mid-range high quality new build industrial/warehouse units in Heanor which offers excellent accessibility to the East Midlands and wider UK. If you are interested, then please do give me a call on the contact information below.”

For further information or to arrange a viewing, please contact either Corbin Archer on 07929 716 330 / corbin.archer@fhp.co.uk or Harry Gamble on 07398 443 828 / harry.gamble@fhp.co.uk.

ENDS

June 2024

Fairham Business Park developers celebrate another practical completion as Unit A is handed over to the occupier.    

Works begun at Plot A4, Fairham Business Park back in October 2023, nine months later the 100,000 sq. ft unit has been built by lead contractor, TanRo and handed over to the occupier.

The unit is neatly located next to the stand-alone units totalling 260,000 sq. ft purchased by international property investment and asset management company Hines and a 100,600 sq. ft bespoke building for a local company who will be moving into their premises next year.

The brand-new purpose-built premises comprises of a 95,379 sq. ft warehouse with 12,292 sq. ft office and welfare space over three storeys, situated at the front of the building. There are 84 car parking spaces at the front of property with ten electric vehicle (EV) charging bays. There will also be a large service yard to the rear with ten dock levellers and four level access to meet the needs of the occupier. Clowes will be providing a fully photovoltaic (PV) ready frame.

James Richards, Director at Clowes Developments commented on the completion:

“Nine months after works began on site and we’re now handing over to our client, who will be formally identified in the next few weeks. It’s testament to our professional delivery team who can perform to such a high standard and according to a tight schedule. It is fantastic to see the ongoing development of Fairham Business Park, as one completes, another ramps up on plot A2.“

As the occupiers of A2 sign the deal for a bespoke 100,600sq ft unit, ground works have already been concluded and steel frames are due to be erected in the coming weeks. In total, this will mean over 600,000sq ft of industrial, warehouse, distribution and manufacturing space has been snapped up at Fairham Business Park, with further announcements expected in due course.

Tim Gilbertson, Director at FHP Property Consultants added:

“High demand for commercial units at Fairham says something about the transport links of Fairham Business Park and it’s positioning outside of Nottingham’s workplace parking levy. We are excited to market phase two of the business park, where potential occupiers can make use of more varied commercial opportunities such as office, trade counter or retail schemes.”

With well over half of the site now under offer or sold, there remains opportunities for build to suit facilities on the prominent site adjoining the A453 and outside of Nottingham’s Workplace Parking Levy. The next phase of the development will see not just manufacturing and distribution space available but also space suitable for offices, a hotel, leisure facilities and other conveniences including roadside retail and trade counters. Fairham Business Park offers a unique opportunity for Nottingham businesses to expand, harvest investment and nurture local talent.

The business park has excellent transport links into the city of Nottingham including fully accessible cycle routes and walkways. Fairham Business Park is within easy reach of Junction 24 of the M1, East Midlands Airport and adjoining the NET Tram Park & Ride site, with further transport improvements expected. Fairham Business Park offers the perfect location for conducting business and harnessing local talent.

Further information regarding site wide activity and latest news can be found at www.fairhambusiness.co.uk. Parties interested to learn more about the commercial opportunities at Fairham Business Park are invited to contact the site’s agent, FHP Property Consultants and Fisher German.

Ends 

26 June 2024

For more information, please email kate.henderson@clowes.co.uk or call 07961 604286

Notes to Editors

Fairham

Fairham is a 606-acre site on the southern edge of Nottingham, set to become the region’s prime commercial and residential destination.

Boasting world-class connectivity, Fairham sits alongside the new £150 million A453 Remembrance Way that links directly to the M1. It is also next to the NET tram terminus at Clifton, within a 15-minute drive of East Midlands Airport and a 15-minute drive or tram ride from Nottingham city centre.

The development includes more than £100 million of new infrastructure improvements as well as up to 3,000 new homes, a new neighbourhood centre with local shops, a health centre, community buildings and a new primary school. Up to one million square feet of employment opportunities will also be delivered at Fairham Business Park.

For more, visit www.fairhamlife.co.uk

About Clowes Developments – celebrating 60 years in business

Clowes Developments is one of the UK’s largest and strongest privately-owned property investment and development organisations, dedicated to a simple aim: to build a lasting legacy of strong, sustainable places that will enable future generations to prosper.

Charles W Clowes founded Clowes Developments on 17^th September 1964, he did so on the guiding principles of honesty, integrity, passion and innovation. That DNA still runs deep throughout the company, influencing the decision-making over half a century later.

The Clowes family still own and run the business, giving relief from the demands of Plc shareholders and allowing the freedom to build an extensive portfolio in creative and imaginative ways.

The Derbyshire-based property group has presented their strongest numbers in its history with a turnover of £253.2m and operating profit of £43.4m for the financial year 2022-23.

www.clowes.co.uk

On behalf of private clients, FHP Property Consultants are pleased to confirm the letting of a 37,302ft² former distribution depot situated on Melbourne Road, Lount, Leicestershire, LE65 1RS.

The site is strategically located just 2 miles from Junction 13 of the A42 with Junction 23a of the M1 only 9 miles away to the north east.

The property itself sits on a self-contained site extending to approximately 3.2 acres and comprises a single storey warehouse, a separate workshop facility and a two storey office building.

The premises have been let to Summit Platforms Ltd on a new 10 year lease.

Darran Severn of FHP Property Consultants comments:

“I am pleased this letting has completed in what has been an excellent result for all parties.  This was not a straight-forward letting and there were a number of difficulties which arose during the due diligence.  Pleasingly all parties took a pragmatic approach which enabled everything to be resolved to suit both landlord and tenant.

Given the nature of the site, there are a number of businesses who we are speaking to that have missed out on this opportunity, therefore I would be delighted to speak with any landlords who have any similar properties becoming available soon.”

For further information on this letting, please contact Darran Severn on 07917 460 031 or darran@fhp.co.uk.

ENDS

June 2024

On behalf of private clients, FHP Property Consultants are delighted to bring to the market a good quality industrial/ warehouse unit on West Meadows Industrial Estate in Derby.

West Meadows Industrial Estate is conveniently located off Pentagon Island, at the intersection of the A52 (Derby to Junction 25 M1) and the A61 Sir Frank Whittle Road , which leads up to the A38 dual carriageway.  The property therefore has good road connections to the M1 motorway, the city centre, and inner and outer ring roads.

The accommodation provides 3,007ft² of clear span warehouse space with single storey offices and staff welfare facilities. Externally the property benefits from forecourt parking and loading bay. Internally the specification includes LED lighting, 3 phase power, 6m eaves height and concrete flooring.

FHP Property Consultants are marketing the property to lease at a rent of £25,560 per annum.

Corbin Archer of FHP Property Consultants comments:

“I am pleased to bring this property to the market as it offers a good quality industrial/warehouse unit close to Derby City Centre and with great connectivity to the wider region via the A52 intersection at an affordable rent. If you are interested then please do give me a call on the information below.”

For further information or to arrange a viewing, please contact either Corbin Archer on 07929 716 330 / corbin.archer@fhp.co.uk or Harry Gamble on 07398 443 828 / harry.gamble@fhp.co.uk.

ENDS

June 2024

One of the country’s leading supply chain solution providers Excor Services, part of Park Logistics Group, has acquired a new warehouse property in Nottingham to service their ongoing expansion requirements.

The deal agreed between agents FHP and Innes England saw the acquisition of the brand new 26,409 sq ft facility with a large secure yard at the Teal Park scheme, which provides a 20 unit warehouse and trade park scheme totalling 160,000 sq ft owned by national investors, Northwood Urban Logistics.

Teal Park is located at the intersection between Stoke Lane and Colwick Loop Road. It is strategically situated to benefit from the new £40m Gedling Access Road opened in 2022, as well as being only four miles from Nottingham City Centre. Directly adjacent to the industrial park is Bardolph View, a housing development from Persimmon Homes with 700 new units nearby, with more amenities such as a new Aldi supermarket, a primary school and other retail café and restaurant amenities.

Iain Taylor, director at Northwood Urban Logistics, said:

“’We are very pleased to welcome our latest occupier to Teal Park demonstrating that it is appealing to a wide range of occupiers who will be able to adapt the units for a variety of uses.”

Mark Tomlinson, director at FHP who acted on behalf of Northwood commented:

“It is great to welcome another good quality Tenant to the scheme. There are very few units which offer such good quality space around the City and there are now only 4 units remaining of this 20 unit development. The remaining warehouse units are of a very high quality on large secure fenced plots with substantial yard depths. There are just 2 trade units remaining sitting alongside established occupiers which as Screwfix, Howdens, Toolstation, Paintwell and Karcher.”

Craig Straw, director at Innes England, who acted on behalf of the Tenant commented:

“We have advised Park Logistics for many years and are delighted to have assisted Excor Services in their latest acquisition.  Securing a Grade A warehouse close to their existing base at Colwick was key so Teal Park offered the perfect solution.”

Phillips Sutton and JLL act as joint agents on the scheme.

One of the country’s leading supply chain solution providers Excor Services, part of Park Logistics Group, has acquired a new warehouse property in Nottingham to service their ongoing expansion requirements.

The deal agreed between agents FHP and Innes England saw the acquisition of the brand new 26,409 sq ft facility with a large secure yard at the Teal Park scheme, which provides a 20 unit warehouse and trade park scheme totalling 160,000 sq ft owned by national investors, Northwood Urban Logistics.

Teal Park is located at the intersection between Stoke Lane and Colwick Loop Road. It is strategically situated to benefit from the new £40m Gedling Access Road opened in 2022, as well as being only four miles from Nottingham City Centre. Directly adjacent to the industrial park is Bardolph View, a housing development from Persimmon Homes with 700 new units nearby, with more amenities such as a new Aldi supermarket, a primary school and other retail café and restaurant amenities.

Iain Taylor, director at Northwood Urban Logistics, said:

“’We are very pleased to welcome our latest occupier to Teal Park demonstrating that it is appealing to a wide range of occupiers who will be able to adapt the units for a variety of uses.”

Mark Tomlinson, director at FHP who acted on behalf of Northwood commented:

“It is great to welcome another good quality Tenant to the scheme. There are very few units which offer such good quality space around the City and there are now only 4 units remaining of this 20 unit development. The remaining warehouse units are of a very high quality on large secure fenced plots with substantial yard depths. There are just 2 trade units remaining sitting alongside established occupiers which as Screwfix, Howdens, Toolstation, Paintwell and Karcher.”

Craig Straw, director at Innes England, who acted on behalf of the Tenant commented:

“We have advised Park Logistics for many years and are delighted to have assisted Excor Services in their latest acquisition.  Securing a Grade A warehouse close to their existing base at Colwick was key so Teal Park offered the perfect solution.”

Phillips Sutton and JLL act as joint agents on the scheme.

After spending my placement year in the office and industrial team, in FHP’s Derby office, enjoying the experience and improving my knowledge, I was delighted to be asked to return to FHP this summer after completing my BSc (Honours) Real Estate degree at Sheffield Hallam University. I’m excited to continue learning and developing my knowledge whilst hopefully completing some deals!

The mixed-use development will include employment, amenity, office and industrial units for sale or let ranging in size from 1,500 to 45,000 sq ft – as well as a retail offer.  TanRo Construction have secured the role as the lead contractor for Units 2-7, which have been designed by IMA Architects.James Richards, Development Director at Clowes Developments, said:

“With the recent success and speed of delivery at Fairham Business Park, we have secured a contract to work with TanRo again on this development which is just a stone’s throw away from Fairham in Castle Donington. We are really pleased to see this site coming to life and we look forward to further cementing our relationship with TanRo on this project.”

Duncan Paterson, Contracts Manager at TanRo added,

‘We are delighted to work with Clowes Developments again on this brand-new mixed-use development at Castle Donington. At Fairham Business Park, we have consistently delivered high-quality units ahead of schedule, and we are excited to bring the same level of excellence to Stud Brook Business Park. This collaboration underscores our commitment to developing premier commercial property that meet the needs of its occupiers and contributes to the growth of the local economy.”

NG Chartered Surveyors have been appointed as joint agents with FHP Property Consultants to market leasehold opportunities at Stud Brook Business Park.

Parties interested to learn more about the leasehold opportunities are invited to contact the sites agents, FHP Property Consultants and NG Chartered Surveyors.

ENDS

June 2024

Acting on behalf of longstanding clients, Tim Gilbertson of FHP Property Consultants is pleased to confirm the letting of substantial well-presented warehouse space at Sherwood Park just off Junction 27 of the M1 motorway.

In this latest letting on the park, a long lease has been agreed to expanding local occupier Staytite, who have taken over 30,000ft² of top quality accommodation all set on a large site.

Tim Gilbertson, Director of FHP commented:

“Once again it has been a pleasure acting on behalf of our longstanding clients to dispose of another unit for them here, this is the latest in a number of lettings we have undertaken over the last few years and it has been a pleasure once more to act on their behalf.

Equally, it has been enjoyable to work with Staytite and see their expansion and relocation from slightly further north taking benefit of this excellent building which sits adjoining the M1 motorway.

In a market where demand remains healthy, supply levels are really dropping now but we continue to see disposals happen in this mid-range sector, and this latest letting of 30,000ft² takes more space from our market so I applaud Staytite in securing this building so quickly.

From our client’s perspective, it’s been a great deal as not only have we given them a new occupier but also done so in double quick time leaving virtually no void period between the departure of the former tenant and the arrival of the new one.

My best wishes to both parties and I’d be delighted to speak to clients both old and new for any industrial or distribution space that they have coming available in the East Midlands as we continue to experience decent levels of demand and very limited supply in all locations and sectors.”

Andrew Black, Managing Director of Staytite commented:

“This fantastic facility quadruples our previous storage capability and will allow Staytite to expand in line with the needs of our manufacturing and rail customers.  Its strategic location offers swift delivery of expertise to the Midlands and North of England, ensuring we meet our clients’ demands with enhanced efficiency and reduced lead times.”

Tim Gilbertson concluded by adding:

“If you have space in the East Midlands and need help with disposing of it be that for sale or let then I would be delighted to chat through and either myself or one of our team would equally be delighted to assist.”

To see how FHP can help you on any commercial property matter, please contact Tim Gilbertson on 0115 950 7577 or email tim@fhp.co.uk.

ENDS

Tim Gilbertson

17 June 2024

FHP are delighted to have finalised on the remaining two units in Beeston.  Situated on Evelyn Street Industrial Estate, a popular location approximately 4.1 miles Southwest of Nottingham City Centre, benefitting from excellent transport links with the NET Tram Route and Beeston Railway Station nearby.  Both units comprised circa 5,500ft² of clear span warehouse / industrial space benefitting from office and ancillary areas.

In order to achieve an attractive rental figure and set a new headline rent throughout Evelyn Street Industrial Estate, our client carried out a refurbishment on all three remaining units to secure an attractive rental of £8.00 per ft², a great tone to set going forward on this scheme.  Initial interest in the units was slower than anticipated, although over time it was evident that the desire and need for circa 5,000ft² units had shifted and increased, generating a number of enquiries leading to several offers brought forward on both units.

Mission Room Ltd and Vaunt Design Ltd are the latest occupiers to secure a unit on Evelyn Street, with a further deal being agreed by our joint agents CPP, Sean Bremner for Unit 37.

Amy Howard, Surveyor at FHP Property Consultants commented:

“It was a great result to get both of these deals over the line for our client.  After a slow start with interest, it was certainly challenging, but this quickly changed with an increase in enquiries and all three units going under offer within two months of each other. Securing a new headline rent for the site was also a positive for our client and further highlights the industrial market rental tones rising due to limited stock availability. Secondary industrial units of this size bracket are achieving £8.00 to £8.50 per ft², it is evident there is limited availability of units within this size range as demand still continues to be on the rise.

Both Vaunt Design Ltd and Mission Room Ltd worked with our client from initial discussions and developed a landlord-tenant relationship which is key to driving deals across the line. It was a delight to work alongside both tenants and I wish them all the best in their future endeavours.”

Sean Bremner, Director at CPP commented:

“Great to see Evelyn Street back to 100% occupancy.  Working alongside FHP, we advised our clients on the essential refurbishment works and they have been rewarded for their investment.  Enquiry levels got stronger with multiple parties pressing to secure the final unit, reinforcing the growth in the rental tone.   A fantastic result for the estate.”

As highlighted above, we continue to see a strong level of enquiries within the 4,000ft² to 6,000ft² range of industrial units.  If you currently own an industrial unit and are exploring the possibility of generating some income, please feel free to give me a call to discuss this in further depth on 07887 787 894 or alternatively, you can email me at amy.howard@fhp.co.uk.

ENDS

Amy Howard

14 June 2024

Clowes Developments’ 20-acre Stud Brook Business Park in Castle Donington has taken a major step forward with construction starting on Units 2-7, which comprises Phase 1 of the exciting scheme.

The mixed-use development will include employment, amenity, office and industrial units for sale or let ranging in size from 1,500 to 45,000 sq ft – as well as a retail offer.

TanRo Construction has been named as the lead contractor for Units 2-7, which have been designed by IMA Architects.

James Richards, Development Director at Clowes Developments, said:

“We’ve been concentrating on the groundworks at Stud Brook for some time now, and so it’s very satisfying to be able to look forward to the steel frames coming out of the ground.

“We look forward to working with TanRo, IMA Architects and our joint agents NG Chartered Surveyors and FHP Property Consultants to work towards welcoming new occupiers into their brand-new premises.”

Jack Mellor, Associate at IMA Architects added,

“Stud Brook Business Park is our latest project with Clowes Developments in Castle Donington and we are proud to be playing our part in creating a thriving business location. Being involved in the site from planning through to completion, means we are able to create premises bespoke to the needs of end users which is important in the current market.”

NG Chartered Surveyors have been appointed as joint agents with FHP Property Consultants to market leasehold opportunities at Stud Brook Business Park.

Richard Sutton, Director at NG Chartered Surveyors, said:

“The level of demand we’ve seen for these units at Stud Brook has been exceptionally high – but that shouldn’t come as a surprise with a quality developer such as Clowes Developments.

Now that the scheme is under construction, we should be in position to finalise deals across all units – ensuring another successful scheme for Clowes.”

Tim Gilbertson of FHP Property Consultants, said:

“Prime location, top quality specification and units being speculatively developed for occupation around the end of this year – what more could an occupier want!  With a number of deals agreed already, we look forward to seeing this scheme continue to fly as work on site progresses.”

Parties interested to learn more about the leasehold opportunities are invited to contact the sites agents, FHP Property Consultants and NG Chartered Surveyors.

ENDS

June 2024