FHP Property Consultants are pleased to bring to the market this former Distribution Depot which is 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 town of Ashby-de-la-Zouch is situated 3 miles to the south west and East Midlands Airport is located approximately 6 miles distant.

The property sits on a secure self-contained site extending to approximately 3.2 acres and comprises a single storey warehouse, separate workshop facility and a two storey office building.  There are extensive hard-surfaced areas providing access, parking and loading facilities to each of the buildings as well as being suitable for open storage.

The property is available on new lease terms at a rent of £175,000 per annum.

Darran Severn of FHP Property Consultants comments:

“I am pleased to place this property on the market.  This is a somewhat unique opportunity with its mix of building and storage land.  The major benefits of the site are the hardstanding storage areas which could suit a number of uses such as materials storage or vehicle/trailer parking.  We already have a number of interested parties but please do get in touch if this is of interest to you.”

For further information or to arrange a viewing then please contact Darran Severn of FHP Property Consultants on 07917 460 031 / darran@fhp.co.uk.

ENDS

April 2023

Agents FHP and Phillips Sutton acting on behalf of Northwood Urban Logistics have concluded a string of deals at the Teal Park Trade and Industrial Scheme in Nottingham which sees an established line up of trade occupiers now in place with just 1 of the 14 trade units remaining.

The latest occupiers to sign up on the trade scheme include ETB Tyres, a brand owned by Bridgestone, Clifton Trade Bathrooms, and Octopus Energy, who join an already established trade line up including PaintWell, Screwfix, Howdens, Toolstation and Karcher.

The scheme also includes a 155,000 sq ft industrial scheme with individual units from 9,606 sq ft up to 31,553 sq ft.  The recent letting of Unit 1 and Unit 2 to Yellow Octopus UK and Upcycle Labs leaves remaining availability from 17,785 – 31,553 sq ft.

The speculatively built industrial units benefit from up to 9.5m clear internal heights, electric loading doors, fitted offices with WCs and tea points, and secure yards with depths of up to 41.47m.

Anthony Barrowcliffe of FHP commented:

“This scheme has proven very popular and we are delighted to have secured such a high quality tenant line up for our clients.  The scheme is located on a busy arterial route to the east of Nottingham surrounded by a lot of new housing development taking place which makes it a perfect new location for new trade occupiers, last mile logistics companies and also production occupiers who can take advantage of the emerging population in this location. 

There are ongoing discussions on the remaining units and we hope to announce further occupiers in the near future.”

Brodie Faint of Philip Sutton commented:

“It is great to see this development fulfil its potential as a new location for both trade and industrial occupiers. The strength of the trade counter scheme has been further enhanced with the most recent lettings to Clifton Tiles & Bathrooms and Octopus Energy. With continuing demand and limited remaining availability, the goal of securing 100% occupation across the estate is now within reach.”

Iain Taylor at Northwood Commented:

“We are very pleased to welcome our latest occupiers 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.”

As a remote landlord I rely totally on FHP to find new commercial tenants and manage my property. Amy Howard managed two lettings for me recently – both negotiated successfully. She is commercial, responsive and gets results.

FHP are delighted to have secured a deal with My Spa UK Limited who have recently completed their lease for a unit on Thornborough Road, Coalville. My Spa Ltd are a fast growing company who have been in the market seeking bigger premises to continue their expansion plan. The unit comprised circa 3,300 sq. ft of warehouse, office and ancillary accommodation with a generous level of parking to the front of the property. Located on Comet Way in central Coalville, the unit provided direct links to the A511 to J22 of the M1 and was situated on an established industrial estate with a variety of occupiers.

My Spa were one of the first enquiries on the unit and managed to secure a deal within the first few weeks of it being on the market, a great result for all parties involved. The level of enquiries remained strong for the unit and continued even when the unit was marked as under offer, showing that there is a high level of demand within Coalville against the lack of stock that continues to be the case throughout the industrial sector.

Amy Howard, Surveyor at FHP Property Consultants commented:

“This type of unit was always going to generate a high level of enquiries given the limited stock available within Coalville, highlighting the lack of supply within the area with demand continuing to outweigh this.

If you are looking to dispose of your industrial unit on a leasehold / freehold disposal we would be confident in securing you a tenant / purchaser given the level of enquiries we have received throughout the marketing of this unit in Coalville.”

For further information, please contact Amy Howard on 07887 787894 or email amy.howard@fhp.co.uk.

ENDS

Amy Howard

23^rd March 2023

On behalf of private clients FHP Property Consultants are delighted to announce the sale of 43-44 The Parker Centre, Mansfield Road, Derby DE21 4SZ.

The unit is situated on Mansfield Road which is just off Sir Frank Whittle Road which provides great access to the A38 and the rest of the East Midlands.  The property is a semi-detached warehouse comprising of a roller shutter door, mezzanine, ground floor office space, W/C and kitchen facilities.  The property extends to a total of 4,637ft² with 3,482ft² being warehouse and 1,155ft² being mezzanine.

The property was sold for a price equating to £122 per ft².

Jamie Gilbertson, Surveyor at FHP Property Consultants comments:

“The sale of this property brings me and FHP Property Consultants great delight to achieve such a good price in selling this unit. The property had strong interest from the beginning and was quickly put under offer after only couple months of it being on the market.  While the property was under offer, I was still receiving calls enquiring about the unit, which shows there is still strong demand for units of this size.  This was a great outcome for our client, FHP and the new owner, and I wish them every success.“

For further information, please contact Jamie Gilbertson on 07398 443 828 or jamie.gilbertson@fhp.co.uk.

ENDS

Jamie Gilbertson

March 2023

FHP are pleased to have completed on the successful letting of 32 Miall Street, the former Start Fresh site situated just off Ilkeston Road. The unit has been let to BM Wholesale Ltd who have been trading for over 10-years and looking to expand their business within Nottingham.

The unit comprised 4,358 sq. ft of warehouse accommodation with internal office, ancillary and storage space available on the first floor. The property was situated on a secure self-contained yard with car parking space available.

Amy Howard, Surveyor at FHP Property Consultants commented:

“It was a great result for both parties on this unit, BM Wholesale Ltd have been in the market for a number of weeks now and we took them around several properties with 32 Miall Street being the most suited to them.

As the unit was fit out to a former cold store occupier, we were aware that it was entering into a niche market and only attractive to a certain type of occupier. That being said, there were a number of enquiries made on this unit, all being cold store occupiers and we conducted several successful viewings on the site.

I am pleased with the outcome of this for our client and I wish all the best to the ingoing tenant.”

If you are looking to dispose of an industrial / warehouse unit fit out to a certain type of occupier, please do not hesitate to contact Amy Howard on 07887 787 894, alternatively you can email me at amy.howard@fhp.co.uk.

ENDS

Amy Howard

2 February 2023

Acting on behalf of Legal & General, Tim Gilbertson of FHP Property Consultants is delighted to bring to market this fantastic warehouse which sits within moments of the A38 and Junction 28 of the M1 motorway.

Offering an existing fantastic specification with two bay simple clear span space and two storey office and amenities to the front elevation, the property is being augmented and enhanced by our clients with a net zero carbon targeted refurbishment which will include items such as a full PV system, air source heat pump and electric vehicle charging being installed.

Director at FHP Property Consultants, Tim Gilbertson commented:

“Having let this building a couple of times before, I am delighted to have it back on the market again, particularly given the fantastic market-leading environmentally friendly refurbishment our clients are targeting.

Corporate social responsibility is an increasing driver for many relocations in our industry and rightly so as we all must “do our bit” so it is a pleasure to see our client’s proactive stance here.  Not only is net zero carbon being targeted for the refurbishment but also as a result of the photovoltaic installation this will provide substantial anticipated electricity savings equating to over £1 per ft² for the next occupier which again in these testing times is a huge boost.

At just over 40,000ft² and with the benefit of a large yard and extensive parking, I really hope that potential tenants will come forward quickly for this great opportunity.

This really should be a market-leading refurbishment which will augment still further the fantastic specification of this property.

Ideally suited to manufacturing or distribution purposes in an unrivalled location within minutes of the motorway, I do hope and expect this building to be very well received in the market.”

Senior Asset Manager at Legal & General, Nigel Marsden commented:

“Net Zero is at the top of the agenda at L&G – evident across our real estate portfolio, targeting net zero carbon by 2050.  This is a real example as to how we’re futureproofing our portfolio and turning our commitments into action.”

For full details on the refurbishment, please contact Tim Gilbertson on 07887 787 893 /  tim@fhp.co.uk or Amy Howard on 07887 787 894 / amy.howard@fhp.co.uk.

ENDS

Tim Gilbertson

2 March 2023

Castle Donington is a proven industrial and logistics location benefiting from not only East Midlands Airport but also excellent road connectivity via the A50 and M1 Motorway.  There has been a continued demand for industrial/warehouse premises in this location over the past 10 – 15 years.  To satisfy this demand, there is an excellent mix of new and existing buildings catering for manufacturing, production, storage and distribution businesses.

The most recent developments are very much dominated by large distribution warehouses accommodating the rapid growth in e-commerce that we have witnessed over the past 18 to 24 months.  A prime example of this is at East Midlands Distribution Centre where we have seen two speculatively units built, which completed towards the end of last year.  Both units are immediately available to lease and provide 189,573ft² and 279,418ft² of modern warehouse accommodation, benefiting from level access and dock level doors, 15m eaves and 50m yard depth.  The units are extremely well positioned with immediate access to the new Castle Donington relief road.

To accommodate smaller requirements, we are pleased to see the development of Stud Brook Business Park, which will provide a range of BREEAM industrial/warehouse units ranging in size from 8,000ft² to 30,000ft².  The groundworks are well underway and we anticipate the units will be available for occupation towards the end of the year.  Each unit will provide a high specification including 8m eaves height, level loading roller shutter doors, glazed entrance and a highly efficient EPC rating.  They will be available on new lease terms and we are already in ongoing discussions with several businesses looking to take space here.

In terms of existing units, we have a couple of smaller units available at Air Cargo Centre which is within close proximity of East Midlands Airport on Argosy Road.  These range in size from 3,706ft² to 5,612ft² and are available to lease.  Both units are within walking distance of the Cargo Terminal and offer modern warehouse space.  If you are looking for a unit with a secure self-contained yard, we have an excellent opportunity which is situated on Trent Lane.  This property extends to 22,992ft² and is sat on a site of 1.64 acres.

Whilst we faced a period of uncertainty towards the last quarter of 2022 due to economic uncertainty, the industrial and logistics sector is pleasingly performing better than expected so far this year not just in Castle Donington, but also across the wider East Midlands.

For further information on the availability of any of these properties,  to arrange any viewings, or simply to discuss your businesses property requirements, then please contact Darran Severn on 07917 460 031 or darran@fhp.co.uk.

ENDS

March 2023

The final letting to conclude prior to the Christmas break, FHP were delighted to advise Falcon Panel Products Limited in the assignment of their lease of circa 22,000 sq ft of industrial / storage space in West Bromwich to Trucks Direct UK Limited.

This was a particularly pleasing result as assignments are, by nature, a lot more complicated than they would actually appear. Our client had outgrown their space and had agreed to move to larger premises in North Birmingham. With just over 2 years remaining on their existing lease, we were tasked with finding a way of mitigating their liabilities. We were able to identify an assignee in this case who will assume all lease responsibilities to expiry of the lease term.

We would like to thank all parties for their efforts in seeing this one over the line.

The market for industrial/warehouse accommodation under 10,000ft² continues to prove popular due to an ongoing lack of supply of good quality units across the East Midlands.  FHP Property Consultants are pleased to confirm the letting of E9 Ashlyn Road on West Meadows Industrial Estate, which follows on from the letting of G5 Cranmer Road earlier this year.

The West Meadows Industrial Estate is situated in Derby just off Pentagon Island/A52 and provides a mix of industrial, warehouse and trade counter units.

E9 Ashlyn Road comprises a terraced industrial/warehouse unit comprising 7,427ft² of accommodation.  The property benefits from a comprehensive refurbishment including new roller shutter loading door, LED warehouse lighting and newly painted warehouse floor.

The unit has been let on new lease terms for a period of 5 years at a rent equating to £6.50ft².

Darran Severn of FHP Property Consultants comments:

“This is another excellent result for our client who own a significant part of West Meadows Industrial Estate.  I’m pleased to say all units are now fully occupied and we have seen rental growth in excess of 20% in the last 18 months.  There is currently good demand for industrial/warehouse space in Derby despite the economic uncertainty we faced towards the end of last year”.

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

ENDS

February 2023

Anthony Barrowcliffe is pleased to have completed on the letting of the rear warehouse at Ash House, Private Road No.8, Colwick, Nottingham to Logo International whose requirement I am delighted to have met.

Logo International have been producing embroidered and printed clothing for over 40 years, working with local business right through to large scale multi-national companies, producing everything from staff uniforms to promotional campaign clothing.

The rear warehouse of Ash House is located a short distance away from Logo International’s former premises but provided circa 11,000ft² of clear span warehouse space with 5 metre eaves, excellent ancillary space and yard circulation.

Anthony Barrowcliffe of FHP comments:

“I am really pleased to have completed this letting to Logo International having met Sue and Andy several years ago and working for them on one of their properties within their ownership and now I have let this unit to their business.  Therefore, it was great to aid their expansion/growth.  The landlords in this transaction were excellent and allowed for a very commercially sound deal to be done.” 

For further information on opportunities on this letting or how FHP could help you please contact Anthony Barrowcliffe on 07557 972008 / anthony@fhp.co.uk.

On behalf of private clients, FHP Property Consultants are delighted to bring to the market the freehold interest of 92 – 124 Wiltshire Road, Chaddesden, Derby.

The property is located on Wiltshire Road and is approximately 1.3 miles east of Pentagon Island which connects to the A52.  The M1 motorway lies approximately 10 miles to the east at Junction 25 and the A38 is approximately 2.3 miles north.

Situated on a 0.6 acre site, the premises comprises a garage/showroom, three workshops, a three bedroom flat and a beauty salon.  Externally there is a hard surfaced, fenced and gated yard.

The property is being sold with vacant possession and we are inviting offers in excess of £800,000.

Darran Severn of FHP Property Consultants comments:

“This is a rare opportunity to acquire a substantial site in the suburb of Chaddesden.  Whilst I imagine the site will sell to an owner occupier, it could also be a great option for an investor or even a developer as the site could suit alternative uses.  I am already speaking with interested parties and have the first viewings arranged so please get in touch if this site is of interest.”

For further information or to arrange a viewing, please contact Darran Severn on 07917 460031 /darran@fhp.co.uk or

Corbin Archer on 07929 716330 / corbin.archer@fhp.co.uk.

ENDS

February 2023

Drakelow Business Park benefits from good access to the A38 and is situated just south of Burton upon Trent. The business park provides a mix of industrial/warehouse units and hardstanding land. The park provides 24/7 gatehouse security, CCTV and secured fencing.

FHP Property Consultants are delighted to announce multiple lettings at Drakelow Business Park. Over the last 6 months FHP have completed three deals that have now resulted in the business park almost becoming fully occupied. The deals range from parcels of hardstanding land to a freestanding warehouse unit totalling just below 30,000ft².

Jonathan Sinclair of Talland Capital Ltd commented:

“We have successfully concluded a number of lettings at Drakelow Business Park, on behalf of the landlord Countryside Properties (UK) Limited, bringing us close to capacity.  Thank you to Corbin and the team at FHP Property Consultants and Trowers & Hamlins, our legal advisors, for progressing enquiries to completed deals within a quick timeframe.”

Corbin Archer of FHP Property Consultants commented:

“I am happy to announce multiple lettings at Drakelow Business Park bringing the park to almost full capacity. This is a great achievement for FHP and for our clients as we have managed to secure three more deals over a short period of time. There is only a small amount of land left available and I expect that to be let quickly as we currently have no more land available to lease in the Derbyshire region. If you need help with any property related matter, whether that is bringing one to market or wanting a valuation on your current property, consider reaching out to me on the contact details below.”

For further information on Drakelow Business Park please contact Corbin Archer of FHP Property Consultants on 07929 716 330 / corbin.archer@fhp.co.uk or Darran Severn on 07917 460 031 / darran@fhp.co.uk.

ENDS

February 2023

I am very pleased to have successfully completed a long-term lease of 3a Bradley Park, Ripley, to St Ann’s Sheet Metal Co who were a pleasure to work with. The offer we received quickly turned into a completed deal within a short time frame. Thank you to Corbin of FHP Property Consultants and our legal advisors for acting on our behalf and ensuring the letting process was quick and easy.  

On behalf of private clients FHP Property Consultants are delighted to announce the sale of 2 The Green, Clowne, Chesterfield, Derbyshire, S43 4JJ.

The property is situated in Clowne, a small town situated in north-east Derbyshire between Chesterfield and Worksop. The premises comprised a detached hybrid office/warehouse benefitting from air conditioning, kitchen facilities and parking.

The property was sold to a local investor for a price equating to £129 per ft².

Jamie Gilbertson, Surveyor at FHP Property Consultants commented;

“I am delighted to have completed the sale of this property in what has been a great result for all parties.  The sale presented a number of challenges which we were able to overcome to successfully complete the transaction within the agreed timeframe. 

There is currently excellent demand for small freehold units both in the office and industrial sectors and I am currently speaking with several parties that missed this opportunity who have cash to spend on similar assets.”

For further information on this sale, please contact Jamie Gilbertson on 07398 443828 or jamie.gilbertson@fhp.co.uk

ENDS

Jamie Gilbertson

January 2023

Acting on behalf of PMW Property Ltd, Corbin Archer of FHP Property Consultants is pleased to announce the letting of Unit 3a Bradley Park, High Holborn Road, Ripley.  The property is located on Codnor Industrial Estate which provides a securely gated and fenced site entrance and has great connections onto the A610 leading to both the A38 to the west and M1 Junction 26 to the east.

Unit 3a Bradley Park provides 7,161ft² of warehouse accommodation and 2,794ft² of office space. Internally the property comprises ground floor clear span warehouse space with a large amount of office accommodation on the first floor.  The property has been let for a period of 5 years to St Ann’s Sheet Metal Co Ltd.

Corbin Archer of FHP Property Consultants comments:

“I am delighted to have let Unit 3a Bradley Park, working closely with my colleagues and Victoria Wrigley on this. The letting is an excellent result for all parties involved and we were able to secure a new 5-year lease for our clients. I wish Neil Bradshaw and the rest of the team at St Ann’s well in their new warehouse space and I am sure they will make a great addition to the estate.”

Amy Howard of FHP Property Consultants comments:

“It has been a pleasure to work alongside both parties on this deal and to see it cross the line within a required timeframe.  The unit has been on the market for a while so we are pleased to see it occupied.   St Ann’s have been in the market looking for a unit suitable for their requirements and Unit 3a ticked a lot of boxes for them which will allow them to have the potential to grow their business to the next level.   I wish St Ann’s all the best in their next adventure and look forward to working with them again.”

Victoria Wrigley of PMW Property Limited comments:

“I am very pleased to have successfully completed a long-term lease of 3a Bradley Park, Ripley, to St Ann’s Sheet Metal Co who were a pleasure to work with. The offer we received quickly turned into a completed deal within a short time frame. Thank you to Corbin of FHP Property Consultants and our legal advisors for acting on our behalf and ensuring the letting process was quick and easy.  I look forward to working with St Ann’s Sheet Metal Co and wish them every success for their future.”

ENDS

Corbin Archer

February 2023

On behalf of private clients, FHP Property Consultants are pleased to confirm the availability of a detached industrial/warehouse unit at Amber Business Centre, Riddings, Alfreton, Derbyshire, DE55 4BR.

The 27,979ft² unit benefits from a large securely fenced yard and being situated on an established industrial estate with security.  The unit has two level access roller shutter loading doors, 3 phase power and is undergoing a basic refurbishment.  The property will be available in Q2 2023 on new lease terms at a rent of £167,874 per annum.

Darran Severn of FHP Property Consultants comments:

“We are pleased to offer this good quality unit to market which will present extremely well following the refurbishment and has the added benefit of a good sized yard and access to the M1 Junction 28/A38, which links to Nottingham and Derby to the south and Chesterfield and Sheffield to the north.”

For further information or to arrange a viewing, please contact Darran Severn on 07917 460 031 / darran@fhp.co.uk or Jamie Gilbertson 07398 443 828 / jamie.gilbertson@fhp.co.uk

ENDS

February 2023

FHP are pleased to have completed on the letting of 2A Victoria Road, Netherfield, Nottingham to TBH (Thomas Buckle Health).

The property underwent a full landlord refurbishment and comprises of a 3,337ft² prominent roadside commercial space with fenced and secure rear yard.

Anthony Barrowcliffe of FHP, who acted on behalf of the landlord commented:

“I was involved in the initial purchase of this property via auction from initially advising the landlord, Tempophase Limited, through the full refurbishment to completing on this letting to TBH.  

It was great to place TBH in this unit having been engaging with Thomas for several weeks.  I always felt this property would suit a brilliant operator like Thomas and I have no doubt he will flourish with this new venture.  

The most pleasing part of this transaction was being able to round it all off by seeing the end product.” 

Tom Buckle of TBH Bootcamps commented:

“Anthony helped us out with one of the most important decisions we’ve ever had to make as a business.  We have successfully moved into our new facility and are already welcoming a ton of new customers to start exercising with us. 

To have a facility like this is fantastic, we are able to provide the best service, help our clients stay fit and healthy and give them a space where they enjoy exercising.  Our goal is to help as many people in Nottingham lose weight and live a healthy and happy life.  With this brand new gym, we are taking another step towards that and anyone wanting to join us can check out our webpage at www.tbhbootcamps.com.”

For further information or to see how FHP can help you with commercial property, please contact Anthony Barrowcliffe on 07557 972008 or anthony@fhp.co.uk.

Chancerygate has been granted planning permission for 98,000 sq ft of Grade A trade counter and urban logistics space in Colwick, Nottingham.

Called Colwick Gateway, the scheme will comprise 13 units ranging from 3,600 sq ft to 27,600 sq ft. The projected gross development value is around £25m.

Units on the 6.35-acre site will be available on a leasehold basis and construction work is expected to commence in early Q2 2023.

All properties at the development will benefit from electric vehicle charging points and solar cells on their roofs which provide up to 35 per cent of the units’ energy needs. In addition, the units will be constructed from high-performance building materials to reduce CO2 emissions.

Located off Colwick Loop Road approximately five miles east of Nottingham city centre, the Colwick Gateway site benefits from excellent access to the M1.

The scheme forms part of a wider regeneration scheme, encompassing a range of new developments and occupiers aimed at transforming the area.

Neighbouring occupiers include leading high-street brands such as Sainsburys, Argos, Habitat, Specsavers and Starbucks. Nearby trade suppliers include Jewson, Nottingham Steel Supplies, Tile Tec Fireplaces, Biffa Waste Services and MKM Builders Merchant, which is currently under construction.

Chancerygate development director, Mark Garrity, who is based in the company’s Birmingham office, said:

“The demand for Grade A, sustainable accommodation remains high not only in Nottingham, but also across the wider East Midlands. Colwick Gateway will help satisfy this demand by bringing new high-quality trade counter and urban logistics units to the region.

 “Sitting in an already-established industrial location also means the development will be best placed to serve businesses operating in the region while stimulating economic growth and job creation.”

Agents for Colwick Gateway are Mark Tomlinson at FHP and Gerald Eve.

In December 2022 FHP completed on the letting of Unit 2, Albert Martin Business Park, Kirkby Road, Sutton in Ashfield to Crytec Limited.

The unit comprised 13,702ft² of simple, cost effective, warehousing/manufacturing space close to Junction 28 of the M1.

Anthony Barrowcliffe commented:

“I am really pleased with this letting, Crytec Limited are a great addition to this estate with ample room to aid their rapid expansion. 

We have lots of exciting opportunities still on the Albert Martin Business Park and I welcome any conversations with any live requirements within the East Midlands market.” 

Matt Cryans of Crytec Limited commented:

“We needed additional warehousing at short notice and Anthony was extremely quick in getting us the right space quickly.   

Anthony also played a key role in getting the lease over the line in a quick fashion, we would look to use FHP and Anthony again for our business needs in the future.”  

For further information on opportunities on the Albert Martin Business Park or how FHP could help you please contact Anthony Barrowcliffe on 07557 972008 / anthony@fhp.co.uk.

We needed additional warehousing at short notice and Anthony was extremely quick in getting us the right space quickly.   

Anthony also played a key role in getting the lease over the line in a quick fashion, we would look to use FHP and Anthony again for our business needs in the future.

Acting on behalf of long term clients, Darran Severn of FHP Property Consultants is pleased to confirm the letting of G5 Cranmer Road, West Meadows Industrial Estate, Derby.

G5 Cranmer Road is situated in an excellent location just off Pentagon Island on the A52.  The unit provides 8,598ft² of clear span industrial/warehouse accommodation and benefits from a self-contained yard to the rear.

Darran Severn, Director at FHP Property Consultants commented:

“This is an excellent result for all parties involved and we were able to secure a new 5 year lease for our clients.  The building benefitted from a comprehensive refurbishment and attracted good interest due to its self-contained secure yard which is always a big selling point these days.   

Due to the demand, we were able to secure a rent which breaks back to £6.50ft².

We currently have unit E9 “under offer” which is situated on the same estate and I look forward to announcing details on this in the coming weeks”.

For further information on this deal or to discuss your requirement in more detail, then please contact Darran Severn on 07917 460 031 or email darran@fhp.co.uk.

ENDS

January 2023

[Stud Brook Business Park, Castle Donington. Left to right: Tim Gilbertson – FHP Property Consultants, Dominic Jackson & James Richards – Clowes Developments, Richard Sutton – NG Chartered Surveyors]

Clowes Developments’ Forbes Park Scheme in Long Eaton, where agents Tim Gilbertson of FHP Property Consultants and Richard Sutton of NG Chartered Surveyors have acted on their behalf, can be considered nothing but an unmitigated success.

Formerly the home to a substantial manufacturing complex, the 6.5 acre site was initially fully remediated by contractors for the scheme, Roe Developments, and then a carefully planned and executed development of small to large industrial and warehouse units, augmented by trade counter facilities and roadside retail was carefully crafted and implemented, designed by Ben Hall of IMA Architects and once the agents had quickly found occupiers, leases and freehold sales were documented by Heather Dixon of Geldards.

With many units put under offer before and then during the construction phase, disposal of the opportunities could not have been swifter and just before the end of 2022 the final unit of over 26,000sq ft was delivered to the last local occupier to enable their relocation and expansion.

[Block C – last unit to be built at Forbes Park]

The finished scheme sees over 78,000sq ft built and developed on the park and all involved on behalf of Clowes Developments are delighted with the success of this scheme.

This is not the end of similar size development for Clowes in the region as pleasingly the developers, together with their agency, architectural and legal team, are now rolling forward and starting to progress the marketing and development of Stud Brook Business Park at Castle Donington, merely a few miles drive away.

[Stud Brook Business Park Masterplan]

Stud Brook will see the development of 23 units totalling 180,000sq ft all to be delivered before the end of 2023.

Occupying a fantastic location on the new Castle Donington bypass, therefore providing access to the A50 within moments and similarly literally within sight of East Midlands Airport and therefore moments away again from the M1 motorway, already interest is strong in this scheme with a number of pre-lets already in place.

Further information on the scheme will be released throughout 2023 but for any industrial or distribution occupier seeking fabulous accommodation in the region then now is the time to act and speak to the agents for the scheme Tim Gilbertson at FHP Property Consultants (07887 787 893 / tim@fhp.co.uk) and Richard Sutton of NG Chartered Surveyors (07977 121 340 / richards@ng-cs.com). www.clowes-studbrook.co.uk.

ENDS

FHP Property Consultants are delighted to announce the sale of E15 Langham Park, Lows Lane, Ilkeston, DE7 4RJ.

Langham Park is an established industrial estate situated near the J25 of the M1.  The property comprises of a mid-terraced modern warehouse unit benefiting from a roller shutter loading door, LED lighting, 3 phase electricity and WC facilities.   The accommodation extends to a total of 70m² (759ft²) and provides clear span space.

The premises was sold to a local investor for a price equating to £200 per ft².

Jamie Gilbertson, Surveyor at FHP Property Consultants comments:

“I am delighted the sale of this property has completed. The property had strong interest throughout the process and having multiple offers enabled us to achieve a very strong price of £200 per ft². I rarely went a week without a call or enquiry on this unit and I wish we had more to sell given the popularity.  This has been a great outcome for both our client and the new owner, and I wish them every success.”

For further information, please contact Jamie Gilbertson on 07398 443 828 or jamie.gilbertson@fhp.co.uk.

ENDS

January 2023

Acting on behalf of private clients, Darran Severn of FHP Property Consultants is pleased to confirm the availability of an industrial/warehouse unit situated at Raynesway Park, Derby.  The location benefits from excellent links to the A38 and A52 leading to Junction 24A and 25 of the M1 Motorway.

The property provides 11,660ft² of storage, production or trade counter space and comprises of clear span accommodation with a small office, two roller shutter doors and excellent yard space. The premises are immediately available by way of new lease at a rent of £75,790 per annum.

Darran Severn of FHP Property Consultants comments:

“I am pleased to bring this property to market.  It is not often a unit such as this becomes available on Raynesway Park given the good quality accommodation and location.  We are starting to see a few more units come to market but pleasingly demand remains high, units are being placed and deals are completing.  I expect there to be good interest in this property and I look forward to speaking with interested parties.”

For further information or to arrange a viewing, please contact Darran Severn on 07917 460 031 / darran@fhp.co.uk or Jamie Gilbertson on 07398 443828 / jamie.gilbertson@fhp.co.uk.

ENDS

December 2022

On behalf of private clients, FHP Property Consultants are delighted to bring to market Unit 7 Stretton Business Park, Brunel Drive, Burton upon Trent, DE13 0BY. The property is situated on an established industrial estate approximately 1.5 miles northeast of Burton on Trent town centre. This location provides great access to the A38 via the A5121 and subsequently the M1 Motorway via the A50.

The property comprises of an end terraced industrial/warehouse unit. It provides a mix of office and clear span warehouse accommodation extending to approximately 472m² (5,082ft²). The unit itself benefits from a full height electric level access loading door, 6.10m maximum eaves height and three phase power.

The premises is available on new lease terms at a rent of £38,500 per annum.

Darran Severn, Surveyor at FHP Property Consultants comments:

“I am delighted to place this unit on the market and I look forward to speaking with interested parties.  There is still a lack of good quality warehouse accommodation in the Derby/Burton area and I therefore suspect there will be a good level of interest in this property.”

For further information, please contact Darran Severn in 07917 460031 / darran@fhp.co.uk.

ENDS

December 2022

Fairham Business Park sits proudly on the edge of Nottingham just off the A453, outside the workplace parking levy, within minutes drive of both the City Centre and Junction 24 of the M1 motorway, and agents for the scheme Tim Gilbertson of FHP, Christian Smith of Savills and Adam McGuinness of Carter Jonas were delighted to review progress on site earlier in the week as the three planned speculative units shoot up.

Acting on behalf of forward funders Hines and developer Clowes Developments, three units of 102,000ft², 101,000ft² and 66,000ft² will provide much needed warehouse and distribution space for Nottingham in a fantastic location with probably some of the best transport links in the country being sited next to a dual carriageway leading to the M1, but also benefitting from adjacent tram and park and ride facilities, Nottingham Parkway Station within moments drive and East Midlands Airport within quick access.

The three agents for the scheme commented:

“What a fantastic opportunity this site is!  With three units being speculatively built, all ready for occupation in Q2 2023, we are excited to see the units speed forward, with progress being made very quickly on the development of all three buildings.

This is undoubtedly one of the best served sites in the country for access, sitting adjoining a dual carriageway, within moments drive of the M1 and also an adjacent tram and park and ride stop.

Throw East Midlands Airport into the mix, which is a few minutes drive away as well and you would really struggle to find a better spot in the country for transport links.

Pleasingly, we already have initial interest in the buildings and would hope that upon seeing progress made, other manufacturing or distribution companies looking for a superb location will come forward now to progress their interest.”

For full information on the availability of the space, please contact Tim Gilbertson (07887 787 893 / tim@fhp.co.uk), Christian Smith (07808 784 789 / Christian.Smith@savills.com) or Adam McGuinness (07860 943 735 / Adam.McGuinness@carterjonas.co.uk).

ENDS

Tim Gilbertson

12 December 2022

Acting on behalf of private clients, Darran Severn of FHP Property Consultants is pleased to confirm the availability of an industrial/warehouse unit situated at Air Cargo Centre on Argosy Road, next to East Midlands Airport in Castle Donington.

The property provides 3,706ft² of storage space and benefits from a comprehensive mezzanine providing an additional 3,313ft².  Air Cargo Centre is located equidistant to both Nottingham and Derby and is directly accessed from the A453 which links to Junction 23a and 24 of the M1 motorway.

The premises are available by way of a sublease or alternatively a new lease may be available subject to separate negotiation and covenant strength.

Darran Severn of FHP Property Consultants comments:

“I am pleased to be bringing this property to market.  The unit itself provides good quality storage space which is immediately available for occupation.  It’s not often a space such as this becomes available on this estate due to the popularity of the location with freight forwarders.  I expect there to be good interest in this property so please be sure to contact me if you would like any further information or to arrange a viewing.”

For further information or to arrange a viewing, please contact Darran Severn on 07917 460 031 / darran@fhp.co.uk or Jamie Gilbertson on 07398 443828 / jamie.gilbertson@fhp.co.uk.

ENDS

November 2022

FHP are delighted to announce the completion of Unit 5a Rani Drive on behalf of Chartwell Properties Limited to Green Buildings Renewables who have been actively looking in the market for some time now.

The unit comprised industrial / warehouse with office and ancillary space situated across two floors of accommodation. Rani Drive Business Park is an established estate and is positioned within an excellent location just off Nottingham’s ring road with good access links to the A610 and J26 of the M1 Motorway. The estate has a mixture of both office and warehouse occupiers and has now achieved full occupancy throughout the site.

Amy Howard, Surveyor at FHP Property Consultants comments:

“It has been a delight to work alongside both parties on this deal and seeing it cross the line, achieving a rental tone of £7.00 per sq. ft. Although it placed itself on the market for a few months, it confirmed that persistence is key and maintaining communication and relationships between present and past enquiries is vital, especially as we are now facing uncertain times approaching 2023.

It has been a pleasure to work alongside Jack Digva at Chartwell Properties Limited and I look forward to working alongside him in future endeavours and securing him more tenants. I also wish Green Buildings Renewables all the best in their Nottingham branch.”

Jack Digva at WSD 1 Limited comments:

“We are delighted with working with FHP, we were confident this unit would let in a short space of time.

There is a large demand for high-end industrial units and Rani Business Park ticks all the boxes. Chartwell Properties have been in the property market for over 25 years, and we have seen demand has outstripped supply.

We have many new and exciting projects on the go and look forward to working with FHP in the future.”   

If you are looking to market your industrial unit on a leasehold or freehold basis, please feel free to contact me on 07887 787894 or email me at amy.howard@fhp.co.uk

ENDS

Amy Howard

24 November 2022

As we approach the New Year, I thought it would be an opportune time to take a quick look back at the past 12 months.  Overall its been a busy year and activity throughout 2022 has very much mirrored the previous 24/36 months.  That said, we have started to see a slight easing across some sectors of the market during Q4 due to economic and political circumstances.

Across the East Midlands, the industrial and logistics sector has continued to be driven by a general lack of supply, particularly of good quality units available for immediate occupation.  To overcome this lack of supply we have been working with a number of clients who have speculatively built units in key locations along the M1, A38 and A50 corridors.

Enquiry levels have remained high for the majority of the year particularly from third party logistic companies, but also from both local and regional occupiers.  This has led to us receiving multiple offers on units resulting in many businesses not being able to find a suitable property.  As a result, we have spent more time this year speaking directly with businesses who are genuinely struggling to find suitable premises across the region.  Whilst it has been difficult, we have been able to successfully work with these businesses to acquire premises on their behalf to take away the stress of a property move from their day to day business duties.

Whilst we are beginning to see more units come back to the market, there is still a lack of good quality industrial/warehouse space available today to both rent and buy.  I suspect and very much hope this slight easing will return us to a more “normal” market where supply and demand is relatively balanced.  I also expect rents and capital values to remain strong albeit I see these stabilising across the next 12 months.  Over the last 12 months we have seen rents and capital values increase by 10% – 20%.

The office market has been surprisingly active this year and we have pleasingly disposed of some 50,000ft² on Pride Park alone.  Generally, the trend in the office market has continued on from 2021 and whilst many occupiers maybe downsizing, they are spending more money on their fitout to create a better working environment.  It is all about creating collaborative working zones where employees can be more creative and share ideas.  Working from home has created a more flexible week, but there is a drive to lure employees back to the office and many businesses are investing heavily in their office design to achieve this.  I believe the office market will continue this trend through 2023.

Whilst we do not know what the New Year will present us with, we are positive as always and it will very much be work as usual.  We are pleasingly working with a number of clients who are bringing some interesting schemes to market next year across, Derby, Ashbourne and Castle Donington and I very much look forward to launching these in the New Year.

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

ENDS

November 2022