On behalf of Northwood Urban Logistics, joint agents FHP Property Consultants and Phillips Sutton are pleased to confirm a further three new occupiers for Teal Trade Park, Nottingham.  Occupiers including the Wooden Floor Store, Exhausts, Tyres and Batteries (ETB), and Klarheit Aluminium Windows & Doors, have taken new leases on Phase 2 of Teal Trade Park.

These further lettings complement the existing occupier line-up of Howdens, Screwfix, Toolstation, Karcher, Trent Valley Windows, Trent Vehicle Charging and PaintWell.

This leaves just three remaining units of Units 8, 9 and 10, ranging from 322m² (3,483ft²) up to 370m² (4,013ft²) with the ability to combine units.

Iain Taylor, Director at Northwood Urban Logistics commented:

‘’Enquiries remain strong at Teal Park since the market for trade units of this size remains on the up, particularly when you add in Nottingham’s excellent transport links with the rest of the UK.”

Chris Proctor of FHP Property Consultants commented:

“Teal Trade Park is becoming Nottingham’s premier trading estate with a complementary range of national and local occupiers now secured on the estate.  We are down to the last three units and we see a real opportunity in particular for businesses from an electrical, plumbing and tiling background, which would further strengthen the line-up of trading occupiers on the estate.”

Brodie Faint of Phillips Sutton commented:

“It is fantastic to see the recent additions to the trade park, further improving the tenant line-up onsite and enhancing the offering to the surrounding customer base. Moving forward, the estate will only benefit further from the substantial residential developments being undertaken in the surrounding area.”

For further information, please contact Chris Proctor (07747 464 770 / chris@fhp.co.uk) of FHP Property Consultants or Brodie Faint (07852 529 977 / bfaint@phillipssutton.co.uk) of Phillips Sutton.

ENDS

15 August 2022

Hot on the heels of the letting of 81,000ft² to Cotton On Group at Blenheim Park just off Junction 26 of the M1 by FHP and joint agents M1 Agency on behalf of Urban Logistics REIT comes a further deal with the disposal of prime new build space of 24,000ft² to an undisclosed, pet food manufacturer.

Blenheim 24 was one of four speculatively planned and constructed prime manufacturing/distribution units on Blenheim Park, which sits just off Junction 26 of the M1 on the edge of Nottingham.  This is the third deal on the site following on from the lettings of speculative units of 18,000ft² and 81,000ft², leaving merely the final building available of 43,000ft² which has just completed and is ready for immediate occupation.

The letting of Blenheim 24 was completed by Chris Proctor and Tim Gilbertson of FHP Property Consultants on behalf of Urban Logistics and Chris commented:

“It was a pleasure to deal with our new occupier here and their investment in the building will no doubt create success and new jobs for the region. This is the third letting we have now completed on the site and we only have one unit left available of just over 43,000ft² which is immediately available on a new lease.”

John Barker, Head of Development at Urban Logistics REIT added:

“We have been pleased with the interest shown in the ten unit scheme where we partnered with Wilson Bowden. The six units in the East Midlands have generated strong interest and the four unit scheme at Kingsway in Rochdale, due for practical completion at the beginning of October, which is encouraging.”

Olivia Salisbury, Asset Manager at Urban Logistics REIT added:

“We are delighted to have let the third unit in the scheme so quickly after practical completion. This is testament to the quality of the units built by Wilson Bowden and their contractors, Glencar and the location of the scheme, so close to Junction 26 of the M1 and Nottingham City Centre.”

Toby Wilson at M1 Agency added:

“We are down to the last unit on Blenheim Park, which is a credit to the quality and location of these units. The remaining unit of 43,000ft² is the only immediately available Grade A warehouse within Nottingham of its size range currently, so we would urge occupiers to come forward before it is too late.”

For full details of the final unit remaining on the estate of 43,000ft², please contact Tim Gilbertson (07887 787 893 / tim@fhp.co.uk) and Chris Proctor (07747 464 770 / chris@fhp.co.uk) at FHP Property Consultants or our joint agent Toby Wilson (toby.wilson@m1agency.co.uk / 07500 926727) at M1 Agency.

ENDS

Tim Gilbertson

15 August 2022

Following the final letting to TJ Timber & Joinery Supplies Limited, FHP Property Consultants on behalf of a private client are delighted to confirm full occupancy at Castlewood Trade Park.

The Trade Park includes Screwfix, Howdens and TJ Timber & Joinery Supplies, which provides an excellent mix of trade occupiers for the estate sitting alongside retail offerings of Greggs, Costa Drive-thru and Co-op.

Chris Proctor and Tim Gilbertson of FHP Property Consultants brokered the deals and Chris commented:

“Castlewood Trade Park has been a huge success with an excellent line-up of occupiers now secured on long term leases for 10 or more years at headline rents in excess of £10 per ft², which really highlights the strength of the location and the quality of the units.  Clowes Developments have once again delivered an excellent scheme and I am delighted to have secured all three occupiers.”

For further information on this deal or to see how FHP can help you with the disposal or letting of your premises, please contact Chris Proctor on 07747 464 770 or email chris@fhp.co.uk.

ENDS

12 August 2022

Acting on behalf of private pension fund trustees, Tim Gilbertson, Director of FHP Property Consultants has completed the letting of substantial distribution space off Keys Road in Alfreton, moments from the A38 and Junction 28 of the M1 motorway.

This modern warehouse building was put under offer within days of coming to the market and a lease has subsequently been agreed and completed to an expanding local occupier who wish to remain nameless to enable their further expansion in the region.

The building sees just over 23,000ft² of high calibre warehouse space let, and Tim Gilbertson who dealt with the letting commented:

“This is the second time I have had the pleasure of letting this building for our clients and I am delighted with the outcome.  The ingoing tenants offer a good covenant and a long term lease has been agreed.  Equally, it’s always a pleasure to see a local company expand and to help them with their developing business.”

A spokesperson for the private pension fund landlords commented:

“Alfreton remains a popular location for businesses looking to grow and further strengthen their market positioning. The unit resides within a prime warehouse and logistics hub with excellent links to the wider East Midlands transport network, namely direct access to the M1.  We wish the new tenant all the very best in their new premises.”

Tim Gilbertson concluded by adding:

“Even though we are in the middle of the summer holiday season, we are still experiencing good demand for space on both a leasehold and freehold basis throughout the region with industrial and warehouse spaces from a few hundred sq ft to a few hundred thousand sq ft very much still in demand.

Despite the obvious economic pressures we are all encountering at present and indeed some supply chain issues which occupiers are also having to deal with as a result of Brexit, the market does seem to still be moving strongly and I would be delighted to put forward without cost or commitment marketing thoughts on any buildings which landlords and owners might be looking to bring to the market later in the year.

Traditionally, September and October are very strong months of the year so now is an ideal time to put forward thoughts for those parties looking to dispose of premises at some stage in the remainder of 2022.”

For further information on this transaction or to ask FHP to come and put forward a marketing report on your premises, please contact Tim Gilbertson of FHP Property Consultants on 07887 787 893 or email tim@fhp.co.uk.

ENDS

Tim Gilbertson

9 August 2022

I joined FHP during the summer in 2022 whilst completing my MSc in Real Estate at Nottingham Trent University. Prior to this I previously graduated from the University of Nottingham with a 2:1 in History.

I work predominately in FHP’s Derby Office dealing with the sale and lettings of all forms of commercial property from office, industrial and retail and I cover most of Derbyshire and assist on instructions across the whole of the East Midlands.

Clowes Developments has instructed groundwork contractor, J.C Ball s & Sons to commence the earthworks and implementation of first phase infrastructure ahead of the construction of a primarily industrial use scheme at Stud Brook Business Park, Castle Donington.

The brand-new business park located off the Castle Donington bypass, which connects Clowes developed and managed East Midlands Distribution Centre (EMDC) to East Midlands Airport, is now under construction. The reserved matters planning application for the infrastructure works was granted consent on the 26^th May 2022 and works commenced on site shortly after.

Groundwork specialists, J.C Balls & Sons, have started work on levelling the ground, creating plateaus and delivering essential infrastructure such as roads and services which will facilitate the construction of the commercial units over the next two years.

Dane Potts, Operations Manager, J.C Balls & Sons commented,

“Over the last couple of years, we have been working closely with Clowes and their planning team to give the most efficient engineering solution for the earthworks and infrastructure. Providing Clowes with a solution that gives them the development areas they need. It has been a pleasure working with team at the planning stage and being given the opportunity to self-deliver the enabling works in advance of the building contractors is a privilege.”

The mixed-use scheme will house bespoke build to suit employment, amenity, office, and industrial facilities ranging in size from 1,500 to 45,000 sq ft. The site will offer a mixture of detached and semi-detached commercial units with onsite car parking and adequate yard provisions.

Clowes have instructed a landscape architect to devise a comprehensive plan which will gently blend the commercial units at Stud Brook with the neighbouring residential development.

J.C Balls & Sons scope is to deliver a site that is prepped and ready to build straight away across 7 development plots. Involving earthworks, drainage, Stabilisation, road construction and the delivery of the services to the plots.  Once their works are completed, contractors will be on site to start the construction of the buildings.

Interest from occupiers for the Stud Brook development has been high with several design and build offers on the table. Interested parties are invited to contact the site’s agents, Tim Gilbertson, FHP Property Consultants via 0115 841 1146 or tim@fhp.co.uk, OR Richard Sutton, NG Chartered Surveyors via 0115 989 7094 or richards@ng-cs.com for more information.

FHP Property Consultants are pleased to bring the freehold interest of 2 The Green, Clowne to the market.

Clowne is a small town located in north-east Derbyshire situated 9 miles from Chesterfield and 7 miles from Worksop.  The location benefits from excellent connectivity with Junction 30 of the M1 motorway being within 2 miles.

This detached property comprises a single storey warehouse/office building with generous parking which is accessed through the adjoining public car park.

The premises is available to purchase at a guide price £130,000.

Jamie Gilbertson of FHP Property Consultants comments:

“This is a great opportunity to purchase a small business premises. Having both office and warehouse accommodation this property would suit a variety of different uses. The property could be used as offices or warehouse/studio space providing flexible working space.

I look forward to speaking with interested parties.” 

For further information or to arrange a viewing please contact Jamie Gilbertson of FHP Property Consultants on

07398 443828/ Jamie.gilbertson@fhp.co.uk  or Darran Severn on 07917460031/ Darran@fhp.co.uk

ENDS

August 2022

West Hallam Industrial Estate is situated close to Ilkeston and benefits from good road links with Junction 25 of the M1 located approximately 6 miles south east via the A52 and Junction 26 of the M1 located approximately north east via the A610.  The estate covers some 118 acres and currently includes 106 buildings.

FHP Property Consultants are pleased to offer to market three new build warehouse units which will be positioned within West Hallam Industrial Estate.  The new build warehouse units are approximately 1,114.80m² (12,000ft²) and will provide open plan modern warehouse accommodation.  The units will be available for occupation in Q4 2022.

Darran Severn of FHP Property Consultants comments:

“West Hallam Industrial Estate is currently fully occupied and is extremely popular with local businesses.  I expect these new units to prove popular with both existing tenants and new businesses.  The units will be available on new lease terms at a rent of £5.50ft.”

For further information or to arrange a viewing please contact Darran Severn of FHP Property Consultants on 07917 460031 / darran@fhp.co.uk or Jamie Gilbertson 07398 443 838 / jamie.gilbertson@fhp.co.uk or Giles Davis at Geo Hallam on 01159 580 301 / giles@geohallam.co.uk

August 2022

ENDS

On behalf of Urban Logistics Reit Plc, FHP Property Consultants in conjunction with joint agents M1 Agency have successfully let their speculatively built 81,000ft² unit on Blenheim Industrial Estate at Junction 26 of the M1.

One of four units built on the site, the 81,000ft² prime distribution unit has been let to Cotton On Group, Australia’s largest online retailer.  This deal complements the previous letting of a speculatively constructed 18,000ft² unit on the estate.

The letting was completed by Tim Gilbertson and Chris Proctor of FHP Property Consultants who commented:

“A great result for all parties involved here and a pleasure to act on behalf of Urban Logistics.  They took the sensible option of developing out the final four plots on the established Blenheim Industrial Estate speculatively to provide prime manufacturing/distribution space in a wonderful location just off Junction 26 of the M1 motorway.

Their positive and sensible approach has yielded terrific results and we are delighted to announce the first two lettings on the estate, the larger of which saw 81,000ft² let to Cotton On Group.

We wish the new occupiers well in this pristine Grade A building.

We would also like to thank their agent, Toby Smith of Harper Dennis Hobbs for helping seal this transaction.”

John Barker, Head of Development at Urban Logistics Reit Plc said:

“The funding venture with Wilson Bowden Developments has worked well and they have completed the buildings to a high standard. The East Midlands element of the portfolio was recently completed so early lettings to Cotton On and All Shires Foods is testament to the tenant demand in the market and that we’ve let two of the four Nottingham units so quickly after practical completion, with further interest in the remaining two, is satisfying.”

Olivia Salisbury, Asset Manager at Urban Logistics Reit Plc added:

“We’re pleased to welcome Cotton On and All Shires to the ULR portfolio and look forward to working with them going forward.”

For full details of the final unit remaining on Blenheim Industrial Estate, please contact the agents Tim Gilbertson (07887 787 893 / tim@fhp.co.uk) and Chris Proctor (07747 464 770 / chris@fhp.co.uk) at FHP Property Consultants or Toby Wilson (toby.wilson@m1agency.co.uk  / 07500 926727) at M1 Agency.

ENDS

Tim Gilbertson

22 July 2022

The process of finding a facility was made considerably easier with the help and assistance of the FHP team, their commitment to user requirements and professionalism throughout the process was greatly appreciated.

Safeguard SVP have recently leased a new site near Ashby-de-la-Zouch, Leicestershire in a deal brokered by FHP Property Consultants.   Safeguard SVP was established to meet the increasing requirements of the Blue Light Fleets and the transport requirements of the emergency services.

The site extends to approximately 3.2 acres and comprises a single storey warehouse, separate workshop facility and a two storey office building.

A new 10 year lease has been agreed.

Darran Severn of FHP Property Consultants comments:-

“I’m pleased this letting has completed and its been a pleasure dealing with all parties.  We were able to place this property under offer within weeks of going to market and due to the high levels of interest we agreed a deal above the quoting rent.  There is still a shortage of good quality industrial/warehouse units across the region and we could have placed this property with at least four other businesses.”

Phil Peel of Safeguard SVP Ltd comments:-

“The process of finding a facility of this nature was made considerably easier with the help and assistance of the FHP team, their commitment to user requirements and professionalism throughout the process was greatly appreciated.”

For further information on this letting please contact Darran Severn of FHP Property Consultants on  07917 460 031 / darran@fhp.co.uk.

Darran Severn

ENDS

June 2022

Demand for logistics real estate in the East Midlands is showing no signs of slowing, according to the leasing agents of Trent Gateway which is now fully let.

Due to the especially high demand for industrial properties, particularly those that possess green credentials, the property’s landlord Northwood Urban Logistics has seen five units let in five months.

The final deals, brokered by JLL and FHP, have included MMC Materials UK Ltd which manufactures sustainable and compositable packaging and has taken 10,488 sq ft, and Upperton Pharma Solutions (Upperton), a UK-based specialist contract development and manufacturing organisation. Confident in the location, Upperton is investing circa. £15m in the design and bespoke build of its new 50,000 sq ft facility on the estate.

MMC Materials UK and Upperton join a range of other established businesses based on the 18-unit industrial site, including BW Flexible Systems, RSK Group and SRL Traffic Systems Ltd.

Northwood’s success is reflective of the high demand for space in the region. JLL’s own research has revealed that prime headline rents have risen by an average of 25.5% across the Midlands. The multi-let and mid box industrial market Spring 2022 report revealed that, in the East Midlands specifically, there remains eight months’ supply of space available, but is seeing comparatively little new speculative development. Regional demand for small units is particularly strong in the 3,000 sq to 5,000 sq ft and 10,000 sq ft to 20,000 sq ft range, with local and regional occupiers driving the majority of demand.

Trent Gateway’s sought-after green credentials include the likes of electric vehicle charging points; low air permeability design; warehouse skylights making up 15% of roof surface area increasing natural lighting; high performance insulated cladding and roof materials; and secure cycle parking all provided as standard.

Iain Taylor, Director at Northwood Urban Logistics said:

‘’We are very pleased to welcome our latest occupiers to the scheme. Trent Gateway has been proven to accommodate a wide range of occupiers who have been able to adapt the units for a variety of uses.”

Gemma Constantinou, industrial director at JLL East Midlands, said:

“Trent Gateway has benefited from having high-quality units in a market that is increasingly calling for more space. Crucially, though, this market also understands that the need to make greener choices, in the push towards Net Zero, is only intensifying.

The speed in which the entirety of Trent Gateway has been snapped up should be a clear, green light for developers to invest further in the East Midlands. We expect take-up to remain at a consistently high level for the next few years while the battle for availability continues at such a pace.”

Mark Tomlinson, Director at FHP commented:

“We are delighted to have delivered fully occupancy and such a strong Tenant lineup at Trent Gateway, which was delivered to service a pent-up demand from occupiers who have been hampered by an undersupply of industrial property in the region.

The East Midlands still has one of the lowest vacancy rates in the country, so we were not surprised to have brought forward such strong demand for the scheme.”

Located within Beeston Business Park and just one mile outside of the town centre, Trent Gateway is a 40-acre hub providing a mix of industrial and office space, all overlooking the Attenborough Nature Reserve.

ENDS

The demand for hardstanding land has continued to thrive across the Derbyshire region with a collection of leasehold deals completed in June.

FHP Property Consultants are pleased to have completed on 0.5 acres of land at Drakelow Business Park located in Burton on Trent to a UK leading provider of bond coat spraying and grab lorries.  Furthermore, a deal was agreed to let a 0.4 acre yard at Booths Industrial Estate in Ilkeston to a local civil engineering firm.

Dan Mooney of FHP Property Consultants comments:

“There is good demand from all types of businesses for small plots up to 1 acre.  We are almost fully occupied at Booths Industrial Estate with another plot under offer and a 0.2 acre plot remaining.  The lack of availability is also mirrored at Drakelow Business Park.  We are continuing to achieve market rents for our client and have further witnessed a 10-15% increase in rental values in the past 6-12 months across various estates. 

In addition to the recent success we are also under offer on two smaller plots comprising 0.25 and 0.33 acres at Drakelow Business Park and a 0.7 acre plot at Booths Industrial Estate.  In terms of other availability we are currently marketing a 1.2 acre plot of land at Cat & Fiddle Lane in Ilkeston.  The site is suitable for a variety of options such as storage and parking and benefits from good access to Junction 25 of the M1.”

For further information or to discuss any property related matter you have then please contact the FHP Derby Office on 01332 3434222.

FHP Property Consultants have been given the green light to market Unit 14.3, Amber Business Centre, Riddings, Alfreton.  The property is located in the popular and well established distribution and manufacturing estate which can be easily accessed by the A38 an A610 dual carriageways linking with the M1 Motorway (Junction 28).

The property comprises a mid terraced industrial/warehouse unit with roller shutter loading doors.  Internally the property is currently undergoing a light refurbishment and the specification includes – maximum 4.4 metre eaves, 3 Phase power and office/WC facilities.  The property comes to a modest size of 118.17m² (1,272ft²) and benefits from generous parking in front and to the side of the unit.

The industrial/warehouse unit is available on new lease terms at a rent of £12,000 per annum. Jamie Gilbertson of FHP Property Consultants comments:

“This could be the perfect property to start that new business venture or if you are an existing business looking to expand it could provide the additional space required.  The property could suit a variety of uses including storage, production and manufacturing.  I anticipate there will be good levels of interest in this property and I look forward to speaking with prospective tenants.”

For further information or to arrange a viewing please contact Jamie Gilbertson of FHP Property Consultants on 07398 443828 / jamie.gilbertson@fhp.co.uk or Darran Severn on 07917 460031 / darran@fhp.co.uk.

On behalf of a private client, FHP Property Consultants are pleased to have completed on the letting of Unit 2 Shipley Court located on Manners Industrial Estate in Ilkeston, on undisclosed terms. The latest success follows the letting of Units 4 & 5 Eagle Road on Quarry Hill Industrial Estate in March 2022.

Darran Severn of FHP Property Consultants comments:

“We received a good level of interest which translated into a great deal, and we were able to achieve the quoting rent. It is no surprise that the property was let in a matter of a couple of months from marketing to completion, given its presence on a well-established industrial estate.”

With two further properties, E15 Langham Park off Lows Lane, and Unit C West Hallam Industrial Estate, currently under offer, there are very few options remaining across Ilkeston either to purchase or let, but demand for good quality warehouse space remains particularly strong.

To discuss any property related matter you have, please contact Darran Severn on 07917 460 031 / Darran@fhp.co.uk or Jamie Gilbertson on 07398 443 828 / Jamie.gilbertson@fhp.co.uk.

ENDS

Darran Severn

June 2022

FHP Property Consultants are delighted to bring Unit 2 Canalside Industrial Estate, Ilkeston Road, Sandiacre to the market.  The property is situated on Ilkeston Road with excellent connectivity being 2 miles from the M1.

This industrial/warehouse unit provides a generous 297.15m² (3,197ft²) over two floors with the mezzanine being  102m² (1,107ft²).  Included in the property are two offices, one located on the ground floor and one on the first floor. The property has a generous amount of parking and is highly visible from Ilkeston Road which is one of the main roads into Sandiacre.

The property is available on a freehold basis at a guide price of £375,000.  Consideration will be given to leasehold offers with the guide rent being £22,000 per annum.

Jamie Gilbertson of FHP Property Consultants comments:

“It is great to bring a freehold industrial/warehouse unit to the market as there are currently very few freehold units available.  I have had a good amount of interest in this property so far, and I believe that this will continue with this being such a good property.  I look forward to hearing from interested parties.”

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

Jamie Gilbertson

ENDS

June 2022

Clearbell UK Strategic Trust (CST or Clearbell), a Trust advised by Clearbell Capital, today announces that it has fully let its Flintstone Portfolio, with two news leases agreed at Orchard Court industrial park in Nottinghamshire.

The Trust has agreed leases totalling nearly 18,000 sq ft at Orchard Court. This includes a 12,900 sq ft warehouse, which has been let to Dawson Group, and a 5,000 sq ft unit, now let to AF Switchgear Limited. Orchard Court is well-located close to the M1, with connections to London and the North of England. The lettings follow asset management work to improve the EPC ratings of the assets, to an A and B rating respectively.

As a result of these agreements, the Flintstone Portfolio, purchased in February 2022 is now fully let. The portfolio of eight properties comprise distribution, industrial and an office.

Clearbell was advised by joint agents FHP Property Consultants and Commercial Property Partners.

Alice Murray, Asset Manager at Clearbell Capital LLP, commented:

“Investor and tenant appetite for industrial and logistics assets shows no signs of abating. The strong letting activity we have seen across the Flintstone Portfolio is also testament to demand for quality assets and the importance of strong ESG credentials when tenants are making leasing decisions.”

Chris Proctor of FHP Property Consultants, commented:

“I am delighted that Stuart and I have managed to conclude two lettings on behalf of Clearbell within a very swift marketing period. A high level of interest was achieved in both units and excellent commercial terms secured. The two units at Orchard Court provided modern good quality warehouse and distribution space within a strong location close to the A38 and Junction 28 of the M1.” 

Stuart Waite of Commercial Property Partners, commented:

“We are pleased to have concluded two leasing deals on behalf of our client following their recent acquisition of the estate. The units were let swiftly, at strong headline rental levels following competitive interest. To attract tenants the calibre of AF Switchgear and Dawson Group is a fantastic result for our client, who concluded a refurbishment programme within a tight timeframe post acquisition”

For further information on this deal or to see how FHP can help you with the disposal or letting of your premises, please contact Chris Proctor on 07747 464 770 or email chris@fhp.co.uk.

ENDS

30 June 2022

We are delighted to have moved to our new property. The whole process from start to finish has been smooth with a special thank you to Chris Proctor of FHP for assisting us every step of the way. We also have gained some new friends in James and David Bullock (Prospare / Conspare) who have been fantastic sellers. The new facility will really allow us to expand our operation and fulfil our long-term business plans.

On behalf of Conspare and Prospare Limited, we are delighted to announce the completion of their move to Castlewood Business Park, which has involved the business taking a bespoke design and build unit for their new home.  FHP Property Consultants additionally completed the sale of their former site at Bestwood Road, Pinxton to SIS Pitches, an internationally recognised leader in sports pitches, who will utilise the Bestwood Road site for their own occupation and investment.

James Bullock, Managing Director of Conspare and Prospare Limited commented:

“Having built both of our businesses at Bestwood Road over the last 45 years, we are sorry to be leaving our long-term home as a result of continued expansion. However, it’s good to know that we are leaving our Pinxton site in the hands of Paul and his team at SIS Pitches, who have been great to work with throughout the sale and handover process. We wish them every success in the future.”

Paul Barker, Managing Director of SIS Pitches, the new owners of Bestwood Road, Pinxton commented:

“We are delighted to have moved to our new property. The whole process from start to finish has been smooth with a special thank you to Chris Proctor of FHP for assisting us every step of the way. We also have gained some new friends in James and David Bullock (Prospare / Conspare) who have been fantastic sellers. The new facility will really allow us to expand our operation and fulfil our long-term business plans.”

(Conspare / Prospare’s new property on Castlewood Business Park)

Chris Proctor and Tim Gilbertson of FHP Property Consultants commented:

“Overall, this has been an excellent result for all parties involved with Conspare and Prospare moving to a superb new facility to aid their further expansion and growth, along with being able to find a new home for SIS Pitches. We are delighted to be involved in both transactions and are pleased to see both these businesses growing in the local area.”

Freeths Solicitors acted on behalf of Conspare in relation to the property transactions.

For further information on this deal or to see how FHP can help you with the disposal or letting of your premises, please contact Chris Proctor (07747 464 770 / chris@fhp.co.uk) or Tim Gilbertson (07887 787 893 / tim@fhp.co.uk) of FHP Property Consultants.

ENDS

24 June 2022

FHP Property Consultants are pleased to bring to the market a two storey warehouse unit at Days Space Business Centre off Litchurch Lane in Derby.  Litchurch Lane is situated off Osmaston Road which is approximately 1.5 miles south of Derby City Centre.

The accommodation provides warehouse space over two floors totalling 674.08m² (7,256ft²).  The ground and first floor benefits from full concrete floors and an eaves height of 3 metres.  There is forklift access through a loading passage via a full height roller shutter door.

The warehouse is available on new lease terms at a rent of £35,000 per annum.

Jamie Gilbertson from FHP Property Consultants comments:-

“This is a very unique warehouse providing accommodation over two floors, but I believe with stock running low and the accessible location, we should receive a good level of interest.  I look forward to speaking with any interested parties.”

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

Jamie Gilbertson

ENDS

June 2022

Tile Mountain, one of the UK’s largest and expanding tile merchants, has taken on a new showroom and trade counter unit in Nottingham. The new showroom is prominently located along Lenton Lane surrounded by a number of occupiers including BMW Sytner, Ferrari, Aston Martin, Audi, B&Q, Screwfix and more. The deal has been agreed between FHP Property Consultants, acting for the Landlord and Knight Frank acting on behalf of Tile Mountain for the new letting of a refurbished trade counter unit, which was formerly occupied by Plumbase and prior to that Michael Pavis Plumbing.

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

“It is fantastic to have secured the fast-growing and exciting occupier of Tile Mountain on a long term lease. They will be a good addition to Nottingham and have secured a very prominent position in the heart of Nottingham’s trade & car dealership area. This was a long deal that required everyone to work together, so a big thank you to all involved; Tile Mountain, Knight Frank, DLA Piper Law, Node Building Consultancy and Office Innovations to achieve this result.“

Edward Kennerley of Knight Frank who acted on behalf of Tile Mountain commented:

“We are delighted to work with Tile Mountain once again on the acquisition of this new store. Tile Mountain are a superb example in the growth of ecommerce, but they continue to invest in key retail & trading locations such as here in Nottingham. Knight Frank continue to seek out new premises and look forward to further announcements in the near future.”

Tile Mountain Group Chairman, Mo Iqbal, said:

“We’re delighted to be bringing what will be our fifth flagship store to Nottingham as part of our retail estate expansion programme.

This unit is ideal for the type of retail experience that Tile Mountain offers – a tile shopping experience like no other in a large, spacious environment with an array of displays showcasing over one thousand different styles of tiles and an unrivalled selection of outdoor tiles and tiling products.

We’re incredibly happy to have secured such a site and thank both Knight Frank and FHP Property for their efforts in helping us to bring Tile Mountain to the city of Nottingham.”

For further information on this deal or to see how FHP can help you with the disposal or letting of your premises, please contact Chris Proctor on 07747 464 770 or email chris@fhp.co.uk.

ENDS

13 June 2022

As agents for Clowes Developments on their fantastically successful Castlewood Business Park at Junction 28 of the M1 Motorway, FHP Property Consultants are pleased to confirm the further disposal of five trade counter units fronting the A38 and adjoining the access road to the business park.

Positioned alongside the successful Shell Petrol Filling Station, Greggs and Costa Coffee units adjoining the A38 which continue to trade very well, the latest deal sees five trade counter units disposed of, four let to renowned trade counter operators Screwfix and Howdens Joinery, both taking two units each.

Therefore, the final unit on this five unit scheme is available and provides a terrific opportunity for trade counter or even standard warehouse or industrial operators to lease prime new build space adjoining the A38 and within minutes of Junction 28 of the M1 itself.

The deal for the disposal of the five units was brokered by Tim Gilbertson of FHP who commented:

“It’s great to see further quality additions to the fantastic list of occupiers we have at Castlewood Business Park.  With the best part of 2,000,000ft² now built on site, the disposal of these five small trade counter units really augments the scheme as they sit prominently at the entrance to the estate adjoining Costa Coffee, a Shell Petrol Filling Station and Greggs.

The strength of the location is clear from the fact that four of the units have been let already, Howdens Joinery taking two and Screwfix taking two, and both should be up and running and trading in the very near future.

The last unit therefore represents a fantastic and final opportunity on the site for a trade counter business or indeed a more standard warehouse or industrial occupier to take prime space and benefit from fantastic passing trade, together with superb access to the A38 and M1 at Junction 28.

The final unit extends to approximately 370m² (3,982ft²) and is available for occupation now.

I’m sure this will be snapped up quickly by an occupier wanting to benefit from the fantastic location and terrific footfall created by the adjoining household name occupiers.

The disposal of these five trade counter units isn’t the most recent deal at Castlewood though, a further unit of 18,000ft² has been bespoke built and sold to a local occupier and more details will be revealed shortly.”

Development Director of Clowes Developments, James Richards who has overseen Castlewood from its inception commented:

“We are delighted at this latest deal, having lived and breathed Castlewood now for nearly 15 years, it’s terrific to see the huge range of quality occupiers we have and I’m sure the final unit on this scheme will be let quickly.

We have news of other deals at Castlewood to bring forward shortly and I’m sure that this market-leading business park will continue to go from strength to strength as we reach the point of nearly having developed out the entirety of the scheme.”

For further information on the last available trade counter unit at Castlewood Business Park, please contact either Tim Gilbertson (07887 787 893 / tim@fhp.co.uk) or Chris Proctor (07747 464 770 / chris@fhp.co.uk) of FHP Property Consultants.

ENDS

Tim Gilbertson

9 June 2022

On behalf of investor clients, Tim Gilbertson and Chris Proctor of FHP Property Consultants are delighted to make available a high calibre warehouse or manufacturing unit on the ever popular Stanton Hill Industrial Estate at Sutton in Ashfield.

In a market where existing stock is still so hard to source, this will be a welcome addition to the J28, M1 offering and provides detached pristinely presented potential manufacturing or production space with car park and self-contained delivery yard.

This will be marketed by Tim Gilbertson and Chris Proctor of FHP who commented:

“It is great to have this building on the market which should be very well received, particularly as it benefits from not only a great location but also is fully fitted to include heating and lighting to the warehouse.

With self-contained car park and additional self-contained separate delivery yard, the building also benefits from a circa 700KVA electricity supply, making it terrific for manufacturing purposes as well as distribution.

We are sure that there will be strong interest in this opportunity and hopefully, a new tenant can quickly benefit from this excellent space.”

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

ENDS

1 June 2022

Pride Park continues to be a popular choice for office occupiers and that is apparent in a recent deal concluded by FHP Property Consultants.  Edward Lloyd House situated on Pinnacle Way, Pride Park has recently been let.

Edward Lloyd House is one of the best detached office buildings on Pride Park and extends to approximately 9,700ft².  The high quality self-contained office premises benefits from open plan accommodation and good on-site parking facilities.

The office has been let on new lease terms for a period of 8 years at a rent which breaks back to £16.50ft².Darran Severn of FHP Property Consultants comments:

“I am delighted to have let Edward Lloyd House.  This is an excellent building being one of the most recent offices built on Pride Park and the property offers excellent headquarters accommodation.  As a result we have achieved a rent of £16.50ft² which is an excellent result for our client.  There are currently few sizeable detached offices available on Pride Park particularly in the 7,500ft² to 15,000ft² bracket and we may start to see businesses looking further afield at some of Derby’s high profile multi let office buildings such as Cardinal Square and Pentagon House.”

For further information on this letting or to discuss your office requirement, please contact Darran Severn of FHP Property Consultants on 07917 460 031 / darran@fhp.co.uk.

Darran Severn

May 2022

FHP are delighted to bring to the market Unit 3 Park Lane Business Park, Kirkby in Ashfield.  The park is located to the southwest of Kirkby has good accessibility, with excellent road links to A38 and J28 of the M1 motorway.

The property offers a well presented warehouse space, including additional office and ancillary areas providing clear span accommodation with 2 roller shutter doors extending to 502 sq m (5,405 sq ft) on a securely palisade fenced and gated site.

Amy Howard, of FHP Property Consultants commented:

“As the industrial market continues to see low supply levels across the region, I anticipate the unit to spend very little time on the market. It is a great opportunity to occupy a property that is situated on a 0.75-acre site with a generous amount of car parking spaces.  The unit is in a good condition, positioned in a prime location with excellent links to the M1 and is suitable to a variety of different occupiers.

The unit is immediately available and I look forward to speaking with all interested parties.

For further information please contact Amy Howard of FHP Property Consultants on 07887 787894 / amy.howard@fhp.co.uk.

FHP Property Consultants are delighted to have been instructed to market a rare freehold industrial opportunity at Langham Park off Lows Lane in Stanton by Dale, Ilkeston.  The property is situated within an established industrial and distribution location and provides convenient access to Junction 25 of the M1.

The premises comprises a 759ft² mid-terraced unit providing clear span warehouse accommodation. The unit benefits from an excellent specification including 3 phase power, 5.8m eaves height, LED lighting, disabled WC, and security grilles. Externally, there is some dedicated parking and loading access via a roller shutter door.

Dan Mooney of FHP Property Consultants commented:

“Freehold opportunities within the small to medium size bracket do not come by very often, particularly in Ilkeston. There is hot demand from local businesses looking to purchase their own property and I anticipate this will be very well received. Therefore, I would urge any potential buyers to contact me in the first instance as this is not an opportunity to be missed.”

For further information or to arrange a viewing, please contact Dan Mooney on 07929 716 330/ dan.mooney@fhp.co.uk.

ENDS

Dan Mooney

May 2022

[Block F right to left, Hannah Bailey – Clowes Developments, Richard Sutton – NG Chartered Surveyor, Chris Proctor – FHP and James Richards – Clowes Developments]

Clowes Developments update the market on their progress at brand new industrial hub, Forbes Park located off Fields Farm Road in Long Eaton.

Forbes Park construction works began in Spring 2021. Despite nationwide challenges within the construction industry, main contractor Roe Developments and the wider team including IMA Architects, Millward Consulting Engineers and Postins Project Services have delivered the first phase of the development.

Clowes together with their agents, NG Chartered Surveyors and FHP Property Consultants, are pleased to announce that occupiers of Block F including Toolstation and City Plumbing are open and trading. The final occupier, yet to be named, are completing their fitout and are aiming to begin trading by the summer.

Block D comprising of four individual units totalling circa 13,700sq ft has been sold in its entirety to a private investor. Occupiers are expected to move into their new premises later this year.

[Block D]

The construction of Unit A, comprising a standalone 19,500sq ft unit with a secure goods yard and private car park, completed in April 2022, this unit will soon be occupied by its new owners.

[Block A]

Construction continues in other areas of the site. Unit C is expected to be ready for occupation by the end of the year with a private investor already lined up to take occupation of the building upon completion.

Block E comprises four terrace retail / fast food units with a prominent roadside presence and convenient parking. The target completion date for the units is the 19^th of May 2022 with a national bakery chain due to take occupation of Unit E1 once complete.

Richard Sutton from NG Chartered Surveyors commented,

“This is a landmark moment for Long Eaton’s newest development and for Clowes who have created something very special. It’s been fantastic working for them alongside the team at FHP to achieve a fantastic result with nearly all the units sold or pre-let ahead of the practical completion date.”

Chris Proctor of FHP is also anticipating the completion of further units, saying,

“Clowes Developments have created a fantastic new trading estate for Long Eaton, which is supported by the fact all units have either been pre-let or pre-sold. It has been a pleasure working on the scheme alongside Clowes, NG Chartered Surveyors, IM Architects, Geldards and Roe Developments on this highly successful scheme of new trading units. I look forward to the completion of further units on the estate, with a number of these already under offer.”

Three units remain available to let in unit E’s retail/fast food facility. Interested parties are invited to contact agents Chris Proctor of FHP Property Consultants via chris@fhp.co.uk or Richard Sutton of NG Chartered Surveyors via richards@ng-cs.com directly.

ENDS

3 May 2022

I’d like to take the opportunity to personally say a massive thank you to Chris Proctor from FHP Property Consultants, for helping our team find our perfect premises to help continue our growth as a company. For any other local businesses in Mansfield looking to relocate and expand their companies, I highly recommend FHP Property Consultants, their service is 10/10, and Chris is brilliant, he was very polite and professional and we cannot recommend him enough!

FHP Property Consultants are pleased to confirm the letting of Unit 5 Anglia Way, Mansfield on behalf of Ash Bow Estates Limited to AM Packaging (Mansfield) Limited, a local expanding business who were looking for larger warehouse premises in the local area.

Chris Proctor of FHP Property Consultants commented:

“It has been a pleasure dealing with AM Packaging with this deal requiring a real team effort in respect of the vacating occupier moving out and AM Packaging moving into the unit, which was all done within 24 hours of one another!  I wish AM Packaging all the best with their new unit, and I would be delighted to speak with any other Mansfield businesses looking to expand and relocate in the area.”

Lee Childerley of AM Packaging commented:

“I’d like to take the opportunity to personally say a massive thank you to Chris Procter from FHP Property Consultants, for helping our team find our perfect premises to help continue our growth as a company. For any other local businesses in Mansfield looking to relocate and expand their companies, I highly recommend FHP Property Consultants. Their service is 10/10, and Chris is brilliant, he was very polite and professional and we cannot recommend him enough!”

For further information on this deal or to see how FHP can help you with the disposal or letting of your premises, please contact Chris Proctor on 07747 464 770 or email chris@fhp.co.uk.

ENDS

20 April 2022

2022 has been a busy start for FHP’s Industrial and Logistics Team with 89 deals agreed that are either under offer, acquired, let or sold. This equates to a total square footage agreed in 2022 of 1,173,505ft², which includes both existing and new build properties all due to complete within 2022.

We understand from wider market data that the total take up of logistics space in the UK in terms of completed deals in Q1 2022 was 12,700,000ft², which is 79% above the long-term Q1 average.  Supply has fallen to 16,800,000ft², the lowest level ever recorded reflecting a vacancy rate of 2.8% across the UK.

Most notably from the statistics, given the low level of supply in the marketplace, in Q1, 53% of total take up was either build-to-suit units or speculatively built new units, which is the highest level ever on record.

If you do have a requirement for industrial space or are struggling to find your next property, please do not hesitate to contact FHP’s Industrial and Logistics Team who would be happy to assist on 0115 9507577.