Acting for Askew Properties Limited, FHP are pleased to announce a letting of 249 Horninglow Road, Burton to Flooring Superstore.

Tom Wragg, Associate Director comments:

“It’s great to get this deal over the line to a high quality tenant who will no doubt be a great addition to Burton on Trent.  It was a pleasure working for Askew Properties and dealing with Ian Thurlbeck of AT Retail acting for the tenant and my joint agents, HEB Chartered Surveyors.”

David Egan of Askew Properties Limited, added the following:

“Askew Properties are very pleased to secure an important letting to an excellent operator in Flooring Superstore.  This deal would not have been achieved without the hard work of FHP and Tom Wragg in particular.”

Ian Thurlbeck, who acted for Flooring Superstore added:

“The store in Burton as a great example of the sites my client is acquiring nationwide.  Its prominence, parking and accessibility are ideal.  We thank the landlord and their advisors for their cooperation in finalising the terms.”

For more information on how FHP Property Consultants can assist in leasing or selling your retail and leisure premises, please contact Tom Wragg on 07970 168 138 / tom@fhp.co.uk.

FHP are pleased to announce appointment as sole agents for Waters View, Carsington. The scheme comprises a stunning modern building set in 17.5 acres overlooking Carsington Water on the edge of Derbyshire’s Peak District near the town of Ashbourne. Anchored by renowned jeweller, CW Sellors, the offer will include luxury retail, hospitality as well as events and workshop facilities.

Available space includes a mixture of retail concessions, a rooftop terrace and 2,583 sq ft of restaurant space ready for fit out.

Rebecca Sellors of CW Sellors comments; “We are thrilled to be working with FHP, who are helping us engage with all interested parties to maximise the commercial potential and exciting opportunities the multi-purpose facility and stunning location Waters View provides.” 

Tom Wragg, Associate Director, adds; “I am very excited to work with CW Sellors on this instruction. We are seeing good initial interest from high quality F&B operators and expect the venue will be well positioned to capitalise on the tourist trade, outdoor pursuits market and affluent catchment in the surrounding area”.

For more information on this opportunity please contact Tom Wragg (tom@fhp.co.uk / 07970 168 138) or Harry Gamble (harry.gamble@fhp.co.uk / 07398 443 828).

Acting on behalf of long-established Nottingham based business, Pedigree Wholesale, FHP has represented the company in two important transactions for the expansion of the business.

Pedigree Wholesale was first established as a family run business in 1972 and is now one of the UK’s leading suppliers of food and products to the pet industry.

FHP has advised on the off-market sale of Harrisons Mill in Radcliffe on Trent.  This mill property dating back to the early 1900’s had been producing bird foods and products for the business but was outdated and inefficient.  Production was outsourced to a respected family run supplier and the majority of production staff continued employment within the group.  The property has been sold to Synergy Healthcare for demolition and construction of a modern care home facility.

Phil Daniels of FHP commented:

“This site of just over 1 acre on the edge of the affluent village of Radcliffe on Trent was ideal for the construction of a care home.  We directly approached, off market, developers and operators in this sector and attracted very significant interest. Following a competitive best bid process, we were able to secure a sale on an unconditional basis at in excess of the guide price.”

In preparation for the sale FHP also advised Pedigree Wholesale on the relocation of the pet food and product retail outlet that also operated from Harrisons Mill.

Given the very limited availability of retail shops in Radcliffe on Trent, FHP canvassed and identified an off-market opportunity.  Liaising directly with the owners of a vacant premises on Bingham Road on the edge of the village centre, FHP were able to secure the purchase of the freehold on favourable terms.

Now open and trading under Pedigree Wholesales retail brand ‘Just for Pets’ the new store is able to offer a full range of pet products and food to a wider market.  Just for Pets now trades from 24 locations throughout the UK.

Jack Shakespeare of FHP commented:

“It was a pleasure to represent Pedigree Wholesale in this important relocation.  Our expertise and tenacity allowed us to relocate the former store in a timely manner which was integral to the sale of Harrisons Mill.”

Steve Brown, Chief Executive Officer of Pedigree Wholesale commented:

“It has been a pleasure to work with FHP on these important transactions which will be integral to the future expansion of our business.”

In a year where Derby was much maligned in the national press, and even by some within the city, the benefit of hindsight offers a very different narrative. At FHP we concluded some 17 lettings on the high street and ended the year ranked number 1 in number of deals across the county by EGi. These deals brought in a number of high quality operators including:

• A relocation for well loved Greek restaurant The Souvlaki to Market Place
• Giving Derby Uncovered a bricks and mortar store on Sadler Gate
• An expansion of Matlock based games retailer Critical Hit which saw them open on Albion Street
• B&M taking the former Wilkos on London Road and Park Farm Allestree
• A letting of 48 St Peters Street to the excellent Japanese restaurant, Kokoro which will see them open in 2025

In more recent news, in December a letting of 1-5 The Strand completed. The stunning grade II listed building was best known until recently as Bar Revolution however after closing their doors during a group insolvency earlier in the year, this deal will see an experienced operator bring an exciting concept to Derby’s leisure circuit.

You can’t talk about Derby without mentioning the Derbion and the shopping centre remains a lynch pin of the city centre going from strength to strength welcoming high profile brands such as White Stuff, Castore and Pavers in 2024. New arrivals were bolstered by upsizes for Superdrug and Greggs and an extensive refit by New Look which demonstrate continued confidence in the location.

These standout deals tell a great story about the city but it’s also worth mentioning the many deals done along side these to local traders who fill spaces on the high street and play their part in ensuring the vibrance of the city centre and keeping footfall numbers solid. The easy thing is to criticize landlords and agents for these deals but in our view they play a vital role in the ever changing landscape of the high street. On top of this, we have a number of deals in the pipeline to high quality operators and expect to be able to make announcements in the first quarter of 2025.

Another highlight of 2024 was our instruction as sole agents by Devonshire Group at Peak Village Rowsley where we brought Clay Rooms and Young Ideas into the scheme as well as agreeing renewals to Regatta, Denby and Dotique. The scheme is now at full occupancy but there are exciting investments to come and we look forward to continuing the elevation of this fantastic shopping centre.

Continuing to look at Derbyshire, in August we saw a quick letting of 5a St John Street to Lichfield based restaurant chain, Poms Kitchen who are proving a popular destination. This deal was agreed within a few weeks of bringing the refurbished premises to the market. The F&B sector in the town seems revitalised since the opening of BEAR Kitchen & Coffee the previous year.

Further north, we are proud to be appointed as sole agents for Baileys Square, Clay Cross working along side North East Derbyshire District Council. This ambitious town centre regeneration scheme is funded by Levelling Up and will see the pedestrianisation of Market Street and creation of a new town square providing accommodation for high quality cafes, restaurants and leisure operators.

Derby in 2024 wasn’t just about new names and relocations. Acting for landlords, FHP agreed a renewals of Lloyds Bank’s lease on St Peters Street, H Samuel on Burlington Arcade Chesterfield and to Ashgate Hospice in Alfreton among many others.

In spite of rising inflation and a budget that was taken negatively by the vast majority of retailers, both big and small, we finished the year strongly with a number of deals sneaking in before Christmas and have kicked off 2025 with solid level of enquiries so are optimistic that momentum will continue…

Working in conjunction with North East Derbyshire District Council, FHP are pleased to confirm our appointment as sole agents for Bailey Square in the Derbyshire Town of Clay Cross.

The Town Centre Regeneration Project will see a creation of a new Town Square and the pedestrianisation of Market Street, which will provide a brand new high quality retail and leisure destination to accompany the strong existing retail offering which includes Tesco, Aldi, Iceland, Poundland, Card Factory, Peak Pharmacy and more.

The scheme will see significant investment into the Town with the creation of 17 leisure and food and drink units set within the vibrant new Town Square.  The individual units will range from 500ft² – 4,809ft² to accommodate a variety of uses and we are already seeing strong interest from a mixture of national operators alongside good quality regional independents.

For more information on Bailey Square, please contact Tom Wragg on 07970 168 138 / tom@fhp.co.uk or Alan Pearson on 07876 396 005 / alan@fhp.co.uk.

• Peak Village has appointed new letting agents to capitalise on continued growth and investment at the centre
• In the past twelve months alone, Peak Village has welcomed 535,000 visitors through its gates

Devonshire Property Group, part of the portfolio of Devonshire Group businesses, has appointed FHP Property Consultants to support with new lettings and lease renewal negotiations at its Peak Village retail centre in Rowsley.

The new appointment follows strong 2023-24 performance at Peak Village with continued investment and proactive asset management from Devonshire Property Group delivering £8m in turnover for the financial year, up over £4m in the space of three years. Amidst difficult trading conditions in the post-pandemic period, diversifying the centre’s offering, as well as delivering a mix of independent and high street brands, has also had a noted impact on footfall at the site, with over half a million people coming to sample what Peak Village has to offer.

In the last eight months alone, Peak Village has welcomed three new retailers to the centre, with Ashbourne-based premium lifestyle and country clothing and footwear retailer Henmores, local independent business Baxter & Co and artists and makers collective, The Derbyshire Makers all opening stores.

FHP will work with Devonshire Property Group to support the centre as it aims to continue evolving its retail and leisure mix to drive further footfall and attract local independent, luxury and national brands. FHP has the largest dedicated retail and leisure team of any agents in the Midlands, and has claimed the EG award for “Most Active Retail Agent in the East Midlands” for 12 successive years and was ranked 5^th nationally in 2023 for retail and leisure space transacted.

Katayune Jacquin, Centre Manager at Peak Village, added: “Devonshire Property Group is committed to bringing the most desirable, exciting and in-demand retailers to Peak Village. Working with FHP is a crucial part of our strategy for making the centre the go-to destination for both those from the region and the many tourists who visit Derbyshire every year. The past few years have been incredibly difficult for the retail industry, and I think it’s a testament to our resilience and approach to investment that Peak Village has not only been able to weather those storms but thrive.”

Tom Wragg, Associate Director at FHP said: “We are excited to be working with Devonshire Property Group in supporting the evolution of Peak Village and bringing premium retailer and leisure operators into the scheme alongside exciting independent and regional businesses. At FHP we pride ourselves in being a national agent with a regional presence which puts us in a prime position to attract the right mix of operators for Peak Village. We are already seeing strong levels of interest from high quality national retailers and look forward to building on that momentum.”

The Devonshire Group purchased Peak Village in 2021, with the aim of revitalising the centre by drawing on local expertise to enhance the site’s role in the economic and employment landscape of the Derbyshire Dales, as well as supporting the local community.

Significant investment since then – including ongoing work to transform the site’s central courtyard and Massarella conservatory to provide a modernised and more welcoming areas for customers – has enabled the site to continue improving and growing.

FHP’s Retail and Leisure team are delighted to announce the letting of 43 High Street in Oakham to the Banking Hub.  The circa 2,150 sq ft unit was snapped up by the Banking Hub in their Nationwide roll-out.

Ellis Cullen of FHP adds:

“Whilst this was a drawn-out process, and demand for the unit in the affluent market town of Oakham was strong, the Banking Hub makes a fantastic addition to the High Street, particularly as the unit was a former Lloyd’s bank.  There has been great anticipation for a hub to be established so I am pleased to have been involved in the letting.”

With the success of another bank being established, FHP also assisted with the surrender of the existing lease of 8-10 High Street in Oakham, previously let to Barclays Bank Plc.  FHP are sub-agents of JLL retained to assist with the Barclays portfolio to dispose of lease liabilities around the East Midlands, Lincolnshire, and Peterborough.

Ellis continues:

“As a consequence of the levels of interest, I was able to secure a rent above the quoting, on a new 10 year lease, with a 5 year break which our client was delighted with.

 Off the back of the recent letting to the Banking Hub, and a period of marketing the circa 4,000 sq ft unit on behalf of our client, Barclays, I was delighted to have negotiated a surrender settlement with the landlord to allow a swift exit from the premises.  The characterful period building occupies a prominent position on Oakham’s high street and despite Barclays having 2 years left to run on their existing lease, FHP successfully negotiated surrender terms which recently concluded.”

For further information or should you have a retail requirement for Oakham or the surrounding area, contact either Ellis Cullen on 07450 972111 or FHP’s Nottingham Office to discuss.

Derby City Centre saw a fast start to 2024, with a number of High Street lettings completing including 30 St Peters Street and 11 Sadler Gate, as well as a lease renewal to Lloyds Bank.  Generally we have seen increased activity in the market place, with a good number of enquiries for retail and leisure properties throughout the City Centre.  We have also seen interest from a host of national fast food operators looking at space on the High Street, which further supports our view that St Peters Street and the surrounding areas will continue their pivot towards the F&B market and away from retail in the long term.  Underpinning this, are recent lettings by FHP to Pieminister and Boo Burger on Victoria Street.  In fact, currently the issue faced in attracting national fast food operators to the City, is a lack of available units of a sufficient size.

Demand from national retailers within the Derbion Centre continues with a string of exciting new additions due to be announced in the near future.  This follows successful openings in 2023 and early 2024 of Cards Direct, Tag Heuer, Rituals, TUI, Yankie Candle and the additions of Popeyes, KFC and Burgers and Sauce to the food court.

Moving our focus into Derbyshire, we have seen improved demand of late for units within Ashbourne and the Town seems revitalised since the opening of Bear Café on St Johns Street.  The renewed appetite for Ashbourne was clearly demonstrated when FHP brought 5a St Johns Street to the market and the property was placed under offer within one week of being listed in a deal which will bring an exciting restaurant into the town centre.

Continuing to look north, FHP have been appointed as sole agents at Peak Village, Rowsley.  Peak Village is a premium retail and leisure destination, boasting national brands such as Regatta, Cotton Traders, Henmores, Denby and more alongside a vibrant collection of boutique independent traders.  The scheme has also been bolstered by the revitalised and rebranded Chatsworth Kitchen, which offers a high quality dining experience and has opened to great success.  Located just off the A6 near Matlock, Peak Village is an excellent retail destination for the local population and those visiting the Peak District.  Since purchasing the scheme in 2021, the new owners have made significant investments as well as massive strides to improving the tenant profile, an ongoing project which FHP have been engaged to drive forward.

Despite ongoing financial pressures, the mood in Derby and Derbyshire is optimistic, a sentiment which is being backed up by good levels of activity in the occupier market and improved interest from investors with cash reserves in properties below £300,000 and we are looking forward to a strong 2024.

For more information on how FHP can assist in letting and selling your commercial properties or with lease renewals and rent reviews, please contact Tom Wragg (tom@fhp.co.uk / 07970 168 138), and Corbin Archer (corbin.archer@fhp.co.uk / 07929 716 330).

FHP have completed the sale of a double fronted shop with upper floor accommodation on Chilwell Road in Beeston on behalf of Executors.

The property was let to a tenant at a low rent which would have impacted significantly on the ultimate price that could be achieved.

David Hargreaves of FHP recommended to the Executors that FHP should negotiate to buy in the lease from the current tenants which would then enable FHP to sell the Freehold with vacant possession at a significantly higher price.  Terms were ultimately agreed with the tenants for them to surrender their lease for a premium, conditional upon a sale completing.

FHP then marketed the property with vacant possession with 9 offers ultimately received via a Best Bids process.  The sale was subsequently finalised at £300,000 with completion in January.

Hargreaves said: “Although the lot size was only small, our strategic advice to look at “the bigger picture” undoubtedly secured our clients £125,000+ more than they would have got on a straight forward investment sale.  This is agency at its best adding value to a client’s asset through the quality of the property advice and executing that strategy.”

FHP acted for the Vendor; the Buyers represented themselves in the transaction.

ENDS

David Hargreaves

1^st February 2024

We are delighted to announce the successful letting of 23-27 St Peter’s Street to DAPP UK (Development Aid from People to People UK), marking the largest letting on Derby’s High Street this year. The property boasts an expansive 6,565 square feet of retail space, featuring an excellent frontage onto St Peter’s Street. DAPP UK is a renowned charity organization dedicated to fostering education, training, environmental protection, and comprehensive developmental programs worldwide. Their mission centres on alleviating poverty and empowering disadvantaged communities across the globe.

Reflecting on this significant letting, Corbin Archer commented:

“The property at 23-27 St Peter’s Street has stood vacant for some time. We are thrilled to confirm this letting to DAPP UK, knowing their impactful initiatives will now fill these walls and contribute positively to the local community.

This letting signifies not only the revitalisation of a previously unoccupied space but also the expansion of DAPP UK’s philanthropic efforts. I look forward to seeing the positive impact their presence will bring to both the local community and the broader scope of their global projects.”

Dana Cernusca from Development Aid from People to People UK added:

“DAPP UK is thrilled to announce this expansion with the opening of a new branch, particularly in Derby.  This will become our largest charity shop to date, housing an impressive collection of over 15,000 clothing and shoe items for all the second-hand charity enthusiasts to explore.  We have just recently opened our store and would love for people to come down and visit.” 

Further information on this letting, please contact Corbin Archer on 07929 716 330 / corbin.archer@fhp.co.uk.

ENDS

November 2023

Acting on behalf of a private landlord, FHP have agreed a lease renewal with the Co-op for 2 Firs Parade ensuring the retailer continues their presence in the Derbyshire town and the landlord retains a valued tenant.

Tom Wragg, Associate Director, comments:

“I am pleased to have secured a good outcome in this lease renewal for my client to ensure their investment value is maintained and a high quality tenant retained on good terms. With the tenant having their own professional representation, the matter came down to a good understanding of the retail market in Matlock, the relevant case law and thorough research of the evidence which, being the prominent agent in the region, FHP are well placed to do. This then allowed both sides to reach an agreement with confidence.”

Landlord, William Grant added:

“By appointing FHP to act on my behalf in advising and negotiating this lease renewal, I am happy to say that we renewed the lease at a strong, market rent and secured the investment income for the future.”

For more information on how we can assist you with retail agency, lease renewal and rent review advice, please contact Tom Wragg (tom@fhp.co.uk / 07970 168 138).

Acting on behalf of private clients, FHP are pleased to confirm a letting 27 Cornmarket, Derby has completed within 10 weeks of bringing the instruction to the market.  The property occupies a prominent position within Derby’s busy pedestrianised Cornmarket.

Tom Wragg, Associate Director of FHP Property Consultants commented:

“By getting the level of rent right and taking a proactive approach to marketing, we were able to let this property extremely quickly thereby minimising the landlord’s void period and creating one less vacant unit on the high street.   Whilst the sentiment in some quarters about the high street remains pessimistic, FHP have completed this and a number of other high profile lettings in the vicinity recently.”

For more information on how FHP can assist you in finding tenants for your high street property within the Derby area, please contact Tom Wragg on tom@fhp.co.uk / 07970 168 138 or Corbin Archer on corbin.archer@fhp.co.uk / 07929 716 330.

ENDS

Tom Wragg

November 2023

Acting on behalf of the private landlord, Devon Air Ambulance have agreed a new 10-year lease on 60 Boutport Street, Barnstaple.

Doug Tweedie, Head of FHP’s Birmingham office, commented:

“We were delighted to act on behalf of the private landlord of this former Poundworld store. Extending to nearly 7,000ft² over two floors, this is a substantial letting and we were delighted to secure Devon Air Ambulance Trust for a term of 10 years. We would like to wish all at Devon Air Ambulance the very best with their new premises.”

ENDS

Doug Tweedie

24th October 2023

FHP have sold the former Argos in Canning Street, Burnley with vacant possession. Located opposite Burnley College and with other occupiers in the vicinity including Asda and McDonalds, the building extended to over 10,500ft² with the benefit of car parking and secure delivery area.

Doug Tweedie, Head of FHP’s Birmingham office, commented:

“We were delighted to sell 11 Canning Street on behalf of a private property fund to a northwest based investor/developer. Having been let to Argos for almost 20 years, we look forward to seeing new life being brought to the building under its new ownership.

We were delighted to act on behalf of the private property fund, and we would like to thank Mike Hayhoe of MVH Property Limited for acting on behalf of the purchaser.”

ENDS

Doug Tweedie

23^rd October 2023

FHP are delighted to have acted on behalf of Wesleyan Assurance Society in the new letting of 237 Hagley Road, a former restaurant premises located adjacent to Boots Opticians on Hagley Road, Birmingham.

The space extends to approximately 3,000ft² on the ground floor with additional first floor ancillary storage and shared car parking is located to the rear. 237 Hagley Road is an enormously prominent building located on one of the busiest A roads serving Birmingham City Centre and securing an occupier such as Tesco Express is a real testament to the strength and quality of the location.

Doug Tweedie, Head of FHP’s Birmingham office, commented:

“We were delighted to get this one over the line. This was complicated transaction which took a little over 12 months to deliver. Working on behalf of the landlord, Morgan McKenzie of Wesleyan Assurance Society, our thanks extend to Simon Smith of Wright Silverwood who acted on behalf of Orla Betts and team at Tesco Stores Plc. We are delighted with the outcome, and it is great to see Tesco Express now open and trading.”

ENDS

Doug Tweedie

20^th October 2023

FHP are delighted to have acted on behalf of One Stop Stores Limited in relation to the acquisition of the former McColl’s in Belgrade Plaza, Coventry.

Doug Tweedie, Head of FHP’s Birmingham office, commented:

“I would like to extend our thanks to Steve Berry of One Stop Stores Limited who we acted on behalf of in the acquisition of this former McColl’s unit in Belgrade Plaza, Coventry. The fitout looks fantastic and compliments this quality asset located in the heart of Coventry. 

With thanks also to Tom Bromwich of Bromwich Hardy who acted on behalf of the landlord Clearbell Capital.”

ENDS

Doug Tweedie

18^th October 2023

National clothing retailer Edinburgh Woollen Mill have now opened on Bakers Lane in Lichfield’s Three Spires Shopping Centre, continuing the raft of new lettings delivered in the centre since it was acquired by Evolve Estates, part of the M CORE Group of companies.

Doug Tweedie, Head of FHP’s Birmingham office, commented:

“Edinburgh Woollen Mill are a quality clothing retailer, and it is great to see them commit to a 5-year term in the Three Spires Shopping Centre. Edinburgh Woollen Mill have done a fantastic job of the fitout, trading over two levels offering both, EWM and Ponden Home ranges.

I would like to thank Matt Shields of EWM for making this one such a smooth transaction and we wish the EWM team all the very best in their new store.”

FHP and Prime retail are retained advisors to the landlord.

ENDS

Doug Tweedie

18^th October 2023

Acting on behalf of Clowes Developments, FHP have agreed a letting of Unit 7 The Royal Buildings to well loved local business, Fone Gods.

Tom Wragg, Associate Director, commented:

“We are pleased to have agreed terms to re-house this popular business from the now closed Eagle Centre market to this up and coming city centre location. Ideally situated opposite the Condor apartments, this property is well located to benefit from the wave of exciting projects that are happening in Derby’s city centre.”

FHP can assist you in finding tenants for your retail property in and around Derby, please contact Tom Wragg on (tom@fhp.co.uk / 07970 168 138) or Corbin Archer on (corbin.archer@fhp.co.uk / 07929 716 330).

FHP are pleased to report the sale of 29 Queens Road in Nuneaton.

Comprising a ground floor retail unit with first floor accommodation, currently used as ancillary storage, but potentially suitable for residential conversion. Having achieved a price in excess of 20% of the guide price, and having received over twelve offers for the property we were particularly pleased with the outcome, as was the private vendor, the client we represented.

Doug Tweedie, Head of FHP’s Birmingham office, who conducted the sale, commented:

‘’We are seeing huge amount of interest for freehold town centre and neighbourhood retail premises, particularly those that are sensibly priced, and are vacant, offering the opportunity to refurbish and in some cases re-purpose the upper parts. With this and another recent sale we have been involved with for the same client, it is interesting to see the broad range of bidders and the level of interest generated.’’

ENDS
Doug Tweedie
19th April 2023

FHP are pleased to have represented the landlord on the latest letting within the Ryemarket Shopping Centre.

Unit 27 has been taken by Crested Schoolwear who run a successful multiple site business across the West Midlands and have chosen Stourbridge as their latest market to enter.

Doug Tweedie, Head of FHP’s Birmingham office, commented:

‘’Crested Schoolwear was established in 2005 and currently serves over 400 schools, having 6 town centre stores across the region.

Kelvin and his team were a pleasure to deal with on their latest store acquisition in Stourbridge and we were delighted to represent the landlord in this transaction. Crested Schoolwear is a great addition to the Ryemarket Shopping Centre which with one remaining void unit and footfall rising on a weakly basis is certainly bucking the regional trend for town centre retail schemes and we are delighted to be part of Ryemarket’s continued success.’’

For leasing enquiries, please contact Doug Tweedie, at FHP Property Consultants or Harvey Pearson/Jack Summers of Hexagon Commercial.

ENDS
Doug Tweedie
19th April 2023

Major fashion brand, Vivienne Westwood, have committed to retain their Nottingham store within Flying Horse Walk.  Tom Wragg of FHP acted for the Landlord in negotiating a lease renewal and securing the ongoing occupation of this mainstay of the Nottingham retail scene.

Tom Wragg, Associate Director comments:

“I am delighted to have been able to agree terms for a lease renewal to such a high profile fashion brand as Vivienne Westwood.  Flying Horse Walk is Nottingham’s premier retail destination and Vivienne Westwood continue to be an excellent fit for this location.”

For more information on how we can assist with your retail and leisure lease renewals and rent reviews, please contact Tom Wragg on (tom@fhp.co.uk / 07970 168 138).

Long time Derby electrical goods retailer and repair service, Anderson Electrical, have relocated from the city centre to Unit 33 Park Farm Shopping Centre, Allestree.  For the last 60 years, this popular business has called Derby city centre home, but has taken the decision to relocate.

Tom Wragg, Associate Director, comments:

“I am pleased to have been able to secure this letting for Park Farm Shopping Centre.  This district shopping centre has a really interesting mix of businesses and Anderson Electrical make a perfect addition.”

FHP have played an essential part in securing the mix of businesses that makes Park Farm such an attractive retail location.

For more information on how we can assist with your district shopping centres, please contact Tom Wragg on 07970 168 138 /  tom@fhp.co.uk  or Corbin Archer on  07929 716 330 / corbin.archer@fhp.co.uk

ENDS

July 2023

FHP have acquired a duo of properties for separate clients in West Bridgford adding to the already thriving mix of independent and national operators in the affluent suburb of Nottingham.

Bombay Sweet Centre, the purveyor of authentic Indian cuisine, has opened its second venue on the ground floor of 16 Gordon Road.  The company has been specialising in samosas street food, classic curries and Indian Sweets since 1995 from its original outlet on Radford Road in Nottingham.

Now, Bombay Sweet Centre is branching out to West Bridgford, its home suburb with the help of FHP Property Consultants with NG Chartered Surveyors acting on behalf of the landlord.

Alicia Lewis of NG acted for the landlord on the deal.  She said: “It’s fantastic to have successfully completed this deal for our landlord client.

“Bombay Sweet Centre has been feeding the people of Nottingham for almost 30 years and is renowned in the city for producing some of the finest authentic Indian food on offer.  Our landlord client is delighted to have secured such a high quality tenant and we all wish them well for the future in West Bridgford.”

Jack Shakespeare, Director at FHP, who acted for Bombay Sweet Centre, added: “I am very pleased to have secured such a great unit for our clients who have sought to open in the area for some time.  They have been incredibly well received by their existing and new customer base and have really added to the vibrant mix of operators in West Bridgford.”

In addition Oliver Marshall has acquired yet another unit for the popular Doughnotts brand opening their ninth outlet next door on the ground floor of 18 Gordon Road.  Doughnotts was set up by Wade Smith and Megan Scadden in 2015 and has become famous for its delicious doughnuts.

Lewis added: “The residents of West Bridgford are in for a real treat with these two new food concepts coming to Gordon Road.  West Bridgford is booming and we’re sure both new tenants will be a huge success.”

Oliver Marshall, Director at FHP, acted for Doughnotts. He said: “We are thrilled to have helped Doughnotts secure their 9th store and such a perfect spot for them in central West Bridgford.  This is off the back of their opening in Birmingham Bullring earlier this year and they have two more new sites to announce soon.  West Bridgford is the ideal location to complement their network of stores across Nottingham.”

For further information on Doughnotts and Bombay Sweet Centre’s requirements, please contact Oliver Marshall or Jack Shakespeare respectively on oliver@fhp.co.uk or jack@fhp.co.uk.

On behalf of private clients, FHP Property Consultants are advertising this excellent opportunity to move into your own retail unit directly opposite Derby’s Becketwell Regeneration Scheme, with 259 apartments nearing completion.

There is currently one vacant unit in The Royal Buildings, Victoria Street.  Unit 4 benefits from an existing fit out as a clinic, meaning that any incoming tenant will have minimum fit out costs and have the ability to move straight in.

The property sits opposite Derby’s £200 million Becketwell Regeneration Scheme.  Construction work is well underway on Phase 1, which is to include a 259 apartment block, is nearing completion.  Other planned phases include a performance venue, new offices and commercial space, a hotel and a multi-storey car park.  Nearby occupiers include; Primark, Tesco Metro, McDonalds, Caffe Nero, Savers, Cosy Club, Superdrug and Carnero Lounge.

Corbin Archer of FHP Property Consultants comments:

“The availability of this unit offers a great opportunity to move in and be positioned next to the brand new regeneration scheme which I expect will increase footfall in the area drastically, especially with the 259 apartment block, completing soon.  I look forward to speaking with all interested parties.”

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

ENDS

8 June 2023

FHP are pleased to have acted for the landlord in letting 2c Central Hall to Busy Beans Cafe. Busy Beans are an established local café who are relocating from the Eagle Market to this Derby city centre location.

Tahsin Kambir of Busy Beans commented:

”I have been managing Busy Beans Cafe in Derby city centre since 2012. Relocating my business to this fantastic location and beautiful building is really exciting for everyone in my team.  We always aim to serve fresh, great tasting food and drinks with a friendly service to our customers each time they visit our cafe.  Me and my team can’t wait for refurbishment to complete so we can meet the lovely people of Derbyshire again and serve our extended menu under our new name which will be revealed later.” 

For more information on how FHP can assist in letting your commercial property in and around Derby, please contact Tom Wragg (tom@fhp.co.uk / 07970 168 138) or Corbin Archer (corbin.archer@fhp.co.uk / 07929 716 330).

FHP were delighted to represent the landlord investor in the lettings of 31 High Street and 32A Sheaf Street, representing further letting successes for FHP in the town.

Karpet Kingdom have taken a new 5 year lease of 31 High Street and Zest Hearing Care Limited have also taken a new 5 year lease at 32A Sheaf Street.

Doug Tweedie, Head of FHP’s Birmingham office, commented

‘’With Daventry’s population set to increase significantly over the next decade through new housing development and the local government investment into the town centre, particularly with the Mulberry Place Leisure Complex, Daventry Town Centre has  a very bright future ahead of it and the two most recent lettings concluded, both of whom are new entrants to the town, are a testament to this. I would like to wish Chris and Dean and the rest of the team at Karpet Kingdom all the very best, and the same to Aphra at Zest Hearing Care as she starts her new venture.’’

For leasing enquiries for a variety of retail space across Daventry Town Centre, please contact Doug Tweedie at FHP’s Birmingham office.

FHP Property Consultants are pleased to confirm that the former Superdrug unit on Carrington Street in Nottingham has been let swiftly to WEX Photo and Video.  WEX Photo and Video have taken a new lease of 103-105 Carrington Street in Nottingham that provides accommodation over the ground floor, totalling 3,100 sq ft.  Established in 1997, WEX are a photography and filmmaking equipment retailer trading over 25,000 products.  Following recent success, WEX are on a rapid UK expansion plan with Nottingham becoming their 14^th store.

Ellis Cullen comments:

“WEX Photo and Video will make an excellent addition to Carrington Street and compliment the other new tenants FHP have positioned directly opposite.  The southside of Nottingham City Centre is proving to be increasingly popular and the former Superdrug unit was ideal for WEX given it is prominent frontage.  Being in such close proximity to Nottingham Train Station and Broadmarsh Bus Station and Car Park provides the much desired footfall many tenants look for.”

Jamie Simms of Bildurn comments:

We’re excited to welcome WEX to our parade on Carrington Street, they’re offering something different to the retail scene and we’re looking forward to seeing them open.  Many thanks to Ellis and the FHP Retail and Leisure team for getting this over the line.”

FHP acted on behalf of Bildurn to secure WEX Photo and Video on a long term lease, WEX Photo and Video were represented by Stuart Williams at Carter Jonas.

For more information on this letting or to discuss other availability across Nottingham City Centre, please contact Ellis Cullen on 07450 972 111 or via e-mail ellis.cullen@fhp.co.uk.

“Corbin was so professional and helpful from the first day. The sale was so smooth and I would definitely love to work with him again in the future.”

“Corbin Archer at FHP handled the sale of a property for one of our clients and he was very helpful and excellent throughout.”

Acting on behalf of Clowes Developments, Ellis Cullen of FHP has successfully completed the investment sale of Block E at Forbes Park in Long Eaton.  Block E comprises a terrace of four retail units with a prominent roadside presence and convenient parking.

Once home to a manufacturing complex, the Forbes Park development was strategically executed and now boasts over 78,000 sq ft of industrial/retail accommodation featuring a host of regional and national occupiers, including Greggs who occupy unit E1.

Ellis Cullen adds:

“It has been a pleasure to act on Clowes behalf to find a purchaser for the retail element of the site.  Following a good period of marketing the scheme, we were able to identify the right buyer to sweep up the last remaining freehold availability at Forbes Park.

“We’re also thrilled to confirm we have been retained by the new freeholder to find suitable tenants for the remaining three units that are vacant, with one already under offer to a national occupier.  The units offer a versatile space for a range of occupiers, available either individually or combined totalling some 2,000 sq ft.  With the benefit of prominent roadside frontage, in a busy commercial and industrial location, I would strongly encourage early viewings to ensure the opportunity isn’t missed.”

For further information on the two remaining vacant units, please contact Ellis Cullen on 07450 972 111 or via email ellis.cullen@fhp.co.uk