FHP are delighted to confirm three further deals at intu Derby, signing up two more premium fashion retailers for intu Derby’s affluent catchment, with Hobbs and Whistles added to the centres line up.

Whistles and Hobbs will open on the Upper Mall alongside BOSS, which opened at intu Derby last month and Hotel Chocolat, which launched a new café store concept there last year.

Phase Eight have signed a new lease and will be completing a full refit in the New Year.

New speciality coffee, casual dining and craft cocktail brand BEAR has also launched its first shopping centre location at intu Derby this month as part of its nationwide expansion strategy.

Alan Pearson, Director of FHP commented: “I am delighted to have secured a further trio of lettings for intu Derby, expanding the centres aspirational tenant mix and providing a strong line up of retailers alongside BOSS and Hotel Chocolat”.

Nick Round, Regional Managing Director at intu, said: “Aspirational retailers are continuing to open in the most popular destinations where they can be sure their stores will flourish and intu Derby offers exactly the right location for the premium brands choosing to take space here.

“The centre has a strong retail and leisure mix, 22 million footfall and an affluent catchment boosted by the number of high-earning professionals working and living in and around Derby.”

For more information and opportunities at intu Derby contact Alan Pearson at FHP – 0115 8411138 / alan@fhp.co.uk

Cloud 57 have completed the letting on 15 Church Street in Bingham for their third site in a deal brokered by Oliver Marshall at FHP Property Consultants.

FHP were instructed to market the property on behalf of private landlords and have secured the letting on a new 5 year lease.  The shop, which provides accommodation of 720ft², sits in a prominent location with a double fronted shop front onto Church Street which is one of the two entry roads into Bingham town centre.  Along with good visibility from the road, the unit benefits from strong footfall throughout the day and evening from the nearby residential areas of the town.

Cloud 57 are a growing business which offer more than your average vape shop. They have completed a complete overhaul of 15 Church Street in Bingham to create a Vape Bar, they specialise in the sale of a wide range of devices, liquids and CBD products, whilst also providing customers with 200 Degrees Coffee and a range of soft drinks to sit in or take away.  The concept is a relaxed environment where customers can choose to either purchase their products and go or sit in and enjoy a drink.

Oliver Marshall of FHP Property Consultants commented:-

“Bingham is a popular market town on the outskirts of Nottingham.  It is already an established residential area, and there are over 300 more homes currently being built which will hopefully have a positive impact on the town centre retailers.

Cloud 57 have a quality concept with a great fit out.  They have got an excellent range of products in what is a growing market, that coupled with serving 200 Degrees coffee I’m sure it will go down well in Bingham.”

On their latest acquisition, Joe Fisher of Cloud 57 has said:-

“We are the only vape shop within about a 6 mile radius so we are looking to service a wide catchment area.  We do things a little differently to provide our customers with the best experience possible and would welcome anybody to come and take a look at the store whether it is to purchase vapes/CBD products or even just for a coffee and a chat. 

Oliver at FHP made the whole process smooth from the point of viewing right through to completion.  He listened to our criteria and was able to identify the right property for us.”

FHP acted on behalf of private landlords who were represented by Julie Pope at Fraser Brown solicitors.  Cloud 57 are an independent vape operator with stores in Nottinghamshire; Dunkirk, Lady Bay and now Bingham, they were represented by Chris Watterson at Edwards Clegg solicitors.

For more information, please contact Oliver Marshall at FHP Property Consultants on 07887 787885 or email oliver@fhp.co.uk

FHP who acquired the former Beechdale Baths site for discount food retailer Lidl, have now sold on the surplus land on their behalf to Nottingham and Birmingham based HDD Ltd.

The land will be developed alongside the Lidl supermarket for a Drive Thru Costa Coffee and a parade of 6 Retail units of 1,250 sq ft each around a shared car park.

David Hargreaves of FHP said “This is a great location fronting the Outer Ring Road, one of the busiest roads in the city, but also serving the densely populated residential areas of Aspley, Beechdale and Wollaton.  With Lidl and Costa as a draw and 144 free parking spaces, schemes such as this are the future of retailing.”

FHP have been retained to lease the shop units with 3 now under offer.  Rents are £27,500 pa per unit.

Works have now started on site with Beechdale Retail Park due to open in the Summer of 2020.

End

8 October 2019

Park Farm Shopping Centre in Allestree, Derby, continues to go from strength to strength.  Earlier this year discount health & beauty chain Savers opened along with Vype the national e-cigarette chain.   The latest addition to the shopping centre is the Peacock Lounge.

The Peacock Lounge have signed a new 5-year lease on Unit 10 and are due to open later this year.

Darran Severn from FHP Property Consultants comments:

“It’s great to welcome another A3 operator to the scheme.  The Peacock Lounge will sit well alongside George’s Tradition Fish & Chips, 3 Strikes micropub, Lemon Tree Café and 4 Seasons Café.

 We have another unit under offer to an independent furniture retailer who’s details we will announce shortly”.

 Mark, Shelly and Alan, founders of The Peacock Lounge comments:

“We are thrilled to be opening our new venture in Allestree.  The Peacock Lounge will be an upmarket, fully licenced café bar and will provide a positive and vibrant social space within The Park Farm Centre for the whole community to enjoy.”

 If you are looking for shop opportunities within Park Farm Shopping Centre, then please contact Darran Severn of FHP Property Consultants on 01332 343 222 or darran@fhp.co.uk.

FHP are delighted to confirm a trio of new additions to the retail and catering offer at Intu Derby.  Leading international premium fashion brand Hugo Boss have opened a new 2,600ft² store on the first floor fashion mall showcasing the premium Boss collections including business wear, casual wear and accessorises, joining the existing aspirational retail line up at Intu Derby, situated adjacent to Hotel Chocolat which opened late last year.

Up and coming independent coffee brand BEAR is opening in October, their second store in the city, adding to their existing store on Iron Gate which opened 2 years ago and has been a great success.  The 3,000ft² store at Intu Derby forms part of Bear’s plans to launch a number of venues nationwide.  BEAR was founded in 2014 by entrepreneurs Craig Bunting and Michael Thorley, who took inspiration from Australia’s vibrant coffee shop culture to create a new speciality coffee, casual dining and craft bear and cocktail offer for the UK market.  This will be the brand’s fifth site with further opportunities scheduled to open later this year.

International footwear brand Skechers are fitting out their new 3,306ft² store on the ground floor mall, formerly occupied by Flying Tiger who have relocated within the Centre.

Alan Pearson, Director of FHP commented:-

“I am delighted to have secured three leading brands for Intu Derby providing a diverse product offer to Intu Derby’s shoppers.  The arrival of Hugo Boss continues to grow the aspirational fashion offer within the shopping centre for the wealthy catchment the centre benefits from, with the highest average salaries outside of London.

BEAR have been a great success since their opening in the city circa 2 years ago and I am delighted to have secured them for a second store underpinning their confidence in the city and to capitalise on the late night trade throughout the week, given the centre’s strong leisure offering from Showcase Cinema De Lux, Hollywood Bowl and Paradise Island Golf which we hope to grow with the grant of planning consent last month for further leisure space within the shopping centre.”

Craig Bunting, BEAR’s co-founder, said:

“We’ve traded successfully on the high street for a few years so we’re excited to be taking space within such a hugely popular shopping centre for the first time. This forms part of our future expansion strategy as we explore how a proudly independent business like BEAR can flourish within a high footfall retail and leisure destination like intu Derby.”

Our ambition has always been to create something different for the UK by offering sociable spaces with a coffee-focused, all day and evening offer, so we think we can really complement intu Derby’s great mix of brands and provide something very special for its high footfall.”

For more information and opportunities at intu Derby contact Alan Pearson at FHP / 0115 8411138 / alan@fhp.co.uk

Discount health and beauty chain Savers, has opened in Units 103-105, taking 3,784 ft² on a new 10-year lease, while Vype, the e-cigarette chain, has signed a 3-year lease on Unit 41.

The stores join more than 50 shops, restaurants and cafes at Park Farm, which is a popular centre in the heart of Allestree.  National retailers include Wilkos, Boots, Co-op Foods and Farm Foods, while independent retailers provide a wide variety of services and goods from hair and beauty, financial services, shoe repairs and key cutting, clothing, gifts and cards and homeware.

Simon Eatough, LCP Asset Manager, said:

“It’s good news for Park Farm shoppers that we have attracted two new tenants to the centre, both of whom have created new jobs.  We’re working hard to diversify the offering at the shopping centre, so that the local community has all it needs right on its doorstep.”

Darran Severn of FHP Property Consultants, retained letting agent on Park Farm Shopping Centre, said:

“Our aim is to bring together the best national and local independent retailers to Park Farm Shopping Centre, and we are delighted to announce these lettings to Savers and Vype.  There is definitely a lot more to come later this year as we continue to vary and improve the catering and retailer offer in what is a busy, convenience-led community shopping centre.  We also have a third unit at Park Farm under offer to an independent retailer and hope to announce details in the next few weeks.”

For further information, please contact Darran Severn on 01332 224 854 or darran@fhp.co.uk.

Doughnotts will take a 1,600 sq ft store within the recently redeveloped Cornhill Quarter.  Lincolnshire Co-op, owners of the scheme, recently spent £70m on the redevelopment and have successfully signed an array of new tenants including énergie Fitness, Seasalt, Cosy Club, Flying Tiger, 200 Degrees, Lakeland and The Botanist.

The shop will be located on the Cornhill, as part of phase two of the redevelopment, delivering 23,000 sq ft of retail space.

Darran Severn of FHP Property Consultants, said:

“This is the fourth store we have acquired for Doughnotts.  Lincoln has been a priority target and I’m pleased to have secured this site.  Location is key, and The Cornhill Quarter has many excellent brands.”    

Wade Smith and Megan Scadden, founders of Doughnotts said:

“Lincoln is an incredible City with a massive history.  We are itching to open and add something new to Lincoln and be the first Doughnut company here.”

Lincolnshire Co-op was represented by Banks Long & Co and KLM Retail.

Tim Bradford, Managing Director at Banks Long & Co said:

“The Cornhill Quarter continues to secure an array of quality brands in line with our vision for a truly mixed use scheme.  We are having some good discussions with other quality retail and leisure brands and look forward to sharing more news on these as we move forward with the scheme.”

For further information, please contact Darran Severn at FHP Property Consultants on 01332 343 222 or darran@fhp.co.uk.

FHP Property Consultants are delighted to have recently acquired new retail premises for clients Spicerhaart in Derby.  Spicerhaart, who trade under Haart Estate Agents have in excess of 200 branches nationwide and have been established in Derby for over 20 years.

Darran Severn from FHP Property Consultants comments:-

“Haart have been looking to relocate from St James Street for some time and have previously looked at options within the City Centre and out of Town.  24 Cornmarket became available due to abortive negotiations and we were able to move quickly to secure the property.  Situated on the Cornmarket, the premises occupy an excellent corner position with visible frontage from the top of St Peters Street”.

If you would like to discuss your property requirements and see how we can assist you with your move, then

please contact Darran Severn on 01332 343222 or darran@fhp.co.uk.

The Nottingham Doughnut Company more commonly known as Doughnotts, opened their new flagship store this week in Nottingham.  The new premises, acquired by FHP Property Consultants are located on King Street within the City Centre.

Darran Severn of FHP Property Consultants comments:

 “We’ve been working with Doughnotts for nearly three years, and this is the third site acquired on their behalf.  The new store is excellent for grab and go, but also provides seating on the first floor for customers to sit back and relax.  Following the successful opening of the new Nottingham store we have agreed terms for a unit in Lincoln, and further details will be announced soon”.

Wade Smith and Megan Scadden, founders of Doughnotts commented:

“The new store is bigger, better and everything we’ve ever wanted.  Our staff, tradesman, friends and family helped get the new store off the ground and we couldn’t be happier with how things have gone”.

Kate Webster of Cleggs Solicitors acted on behalf of the Nottingham Doughnut Company in relation to this transaction.  Kate said:

 “It was an absolute pleasure working with Wade, Megan and Darran of FHP on this transaction.  I am looking forward to working with them again on future projects”.

For further information, please contact Darran Severn at FHP Property Consultants on 01332 343 222 or darran@fhp.co.uk.

Acting on behalf of Topland Group, Oliver Marshall has agreed a deal with Millets to open at the former Trespass unit at St Marks Place Shopping Centre.  The deal has seen Millets relocate from their current store on Middle Gate in the town to take 2,500ft² over ground and first floors on the main mall of the open air shopping centre in the heart of the town.

Oliver Marshall of FHP Property Consultants commented:-

“Millets are a top national brand and this is a great result for St Marks, the fact they are relocating from elsewhere in the town shows the strength of the centre.  St Marks has an excellent mix of retailers and Millets join the likes of Clarks, New Look, Wilko and Claire’s, as well as a great mix of independent operators.”

Even more good news comes as Jack Shakespeare has agreed lease renewals with both Clintons and Sally’s Hair & Beauty in order to retain their occupation within the scheme.

Jack Shakespeare comments:-

“The affluent market town of Newark-on-Trent has, despite the announced closure of the Marks & Spencer, remained a well shopped centre and has continued to retain national occupiers along with attracting new ones including some top quality independent operators.”

For further information, please contact Oliver Marshall or Jack Shakespeare of FHP Property Consultants on 0115 9507577 or oliver@fhp.co.uk / jack@fhp.co.uk.

FHP Property Consultants have been instructed by Mansfield District Council to market the retail and office space within the former Mansfield Town Hall which is undergoing a £1.4 million overhaul as part of a wider plan to regenerate the town centre.

The Old Town Hall will be transformed into a localised retail and office hub providing three internal retail units, two traditional external retail shops and two office suites to the upper floors.

The units being created are an extremely rare opportunity for local and regional operators to secure space in such an iconic building in the town.

Retail units are available from 451ft² up to 635ft² with office accommodation ranging from 511ft² to 1,308ft² and will be ready for occupation from July 2019.

Two of the retail units inside the Old Town Hall are already under offer so any local craft and artisan businesses interested should get in touch if they want to be a part of this exciting project.

Rents start from £375 + VAT per month for the shops and £416 + VAT per month for the office space.

Oliver Marshall of FHP comments:-

“This is a really exciting opportunity for local and regional businesses.  Mansfield District Council are carrying out significant investment in this building which is situated in a prime position fronting the Market Square.  Mansfield is a busy market town and we are looking forward to seeing interest from a range of different operators for the space.

 Anthony Barrowcliffe of FHP comments:-

“Beautiful period offices in the heart of Mansfield offered at competitive prices and flexible terms. I look forward to practical completion and discussing this with all interested parties”.

For more details or to arrange a viewing of the Former Town Hall, please contact either Oliver Marshall or Anthony Barrowcliffe on 0115 9507577 or email oliver@fhp.co.uk / anthony@fhp.co.uk

St Peters Street, once a thriving retail pitch in Derby City Centre has suffered in recent years, due to changing market trends and consumer habits.  There are several vacant properties as a result of traditional high street brands relocating within the Intu Derby Shopping Centre.

Darran Severn from FHP Property Consultants comments:

“High Streets are having to evolve to become mixed-use destinations in order to attract shoppers.  This is not only evident in a local towns and cities but throughout the country.  People want an all-day outing, where they can shop, eat and play crazy golf for example.

We have been working alongside our clients to attract and accommodate new retail and leisure operators to Derby and are pleased to confirm two new lettings on St Peters Street.”     

Frites 33, an authentic Belgian frites restaurant and takeaway have recently signed a new 10 year lease at 46 St Peter’s Street, a property once occupied by Game, and a national occupier has recently completed a deal on 24 Cornmarket, a very prominent property fronting St Peters Street.

Darran Severn adds:

““This is an excellent run of lettings in an area which hasn’t seen much activity in the last 18 months.  In addition to these lettings, we hope to announce the name of an exciting new leisure operator shortly, who will be taking the former Sports Direct Space above Tesco.” 

For further information please contact Darran Severn on 01332 343 222 or darran@fhp.co.uk.

FHP Property Consultants continue to shape West Bridgford’s retail and leisure scene with 4 lettings in quick succession, which follows on from the deal done by FHP to put Portello Lounge into the former Mud Crab.

Acting on behalf of private clients, FHP have secured 3 new lettings at 52A Rectory Road to give the landlord full occupancy once again.  The units situated near to Central Avenue provided between 500-700ft² internal space each with prominent frontage onto Rectory Road opposite the mini-roundabout.  Lettings have been completed to Quarter Barbers – a hipster barber shop from the guys behind the well regarded TwentyEight and Quarter Barbers in Nottingham city centre, Mobile Lab – an independent phone repair and sales shop with 8 other shops across Nottingham, and a new lease to Fine & Country Estate Agents to retain them in place.

Oliver Marshall of FHP Property Consultants commented:-

“When we realised that the properties were becoming vacant we sat down with our client and identified a strategy to get the best outcome.  Initially we considered knocking the 3 units together to attract a larger requirement but it became clear the active requirements for this location were for smaller units.  We have secured 3 great regional operators who each bring something to the vitality of West Bridgford.”

In addition to this, FHP has also just completed the letting of 14 Tudor Square to 888 Vapour.  888 took a new lease on the 629ft² ground floor premises after Haart downsized into the next door property.

Oliver adds:-

“We are seeing an increase of vape store brands opening and 888 Vapour are a strong regional brand with a quality fitout and 12 other stores across the county.  West Bridgford remains a buoyant market with an eclectic mix of retail and leisure with national, regional and independent operators.

If there are any landlords out there looking for advice on their West Bridgford property whether that be a new letting or lease renewals/rent reviews then please get in touch.  Equally if you are a tenant looking for premises in West Bridgford we would be pleased to add you to our growing database of operators.”

For more information contact Oliver Marshall at FHP / 0115 8411142 / oliver@fhp.co.uk

I am delighted with the result of this rent review Mark.

FHP Property Consultants are pleased to bring to the market this prominent shop at Shardlow Road in Alvaston.

The property provides for a ground floor retail sales area of 1,795ft², together with 611ft² of first floor ancillary space. The property occupies an excellent position on Shardlow Road, being situated between Boots and William Hill, with 30 minutes free public car parking to the front of the property.

Alvaston is a busy neighbourhood retail location with a number of national chains together with local independent businesses.  The national multiples include Cardzone and Thorntons, Domino’s, Betfred, Birds, The Co-operative, Subway and the Post Office.

The property is available to let on a new lease with the landlord at a competitive rent of £25,000 per annum.

Mairéad Gethings of FHP Property Consultants comments: –

 “We are pleased to bring this property to the market. The property offers good accommodation in a busy neighbourhood location.  As well as retail use, it would also lend itself to a restaurant, café or takeaway use subject to obtaining the appropriate planning permission. I look forward to speaking with interested occupiers”.  

For further information or to arrange a viewing please contact Mairéad Gethings or Tim Richardson on 01332 343 222.

Exciting street food operator Wolf Italian Street Food are moving into 34 Market Street in a deal secured by FHP.  The growing brand currently has stores in Boxpark Wembley, Chiswick, Manchester, Reading, and Leeds.  Wolf offer an exciting Italian based street food menu featuring salads, pasta, piada and foccacia which will be available to grab and go or sit down.

The former Graham Hill menswear shop was sold by FHP in 2017 where the current owners set to work on a full refurbishment programme to include new shopfront, change of use for the ground and basement to A3 (café & restaurant) and conversion of the upper floors to residential accommodation.

Wolf have taken the ground floor and basement which comprises a total area of 1,927ft² on a 10 year lease at £37,500 pa. The upper floors have been converted into 2 self-contained, high specification two bedroom apartments which are accessed from the rear of the property.

Following the successful completion of the letting FHP are bringing the freehold investment to the market to include the upper floor apartments which could either be let out or sold off on a long leasehold basis.

Oliver Marshall of FHP Property Consultants comments:

“Wolf is a great brand and we’re pleased Nottingham has been chosen for their latest opening. We received strong interest in the property, resulting in 6 offers and the decision was made to go with Wolf.

The concept is sure to be a hit on Market Street which has strong footfall throughout the day and evening with it being close to the Market Square, Nottingham Trent University, The Royal Concert Hall, The Cornerhouse and Upper Parliament Street.

We are expecting the investment sale of the freehold as an income producing investment to receive good interest so I would urge anyone in the market to get in touch.”

For more information contact Oliver Marshall at FHP / 0115 8411142 / oliver@fhp.co.uk

FHP Property Consultants are pleased to confirm that the former Lidl store, Longton, Stoke-on-Trent, has been let to registered charity The Donna Louise Trust.

Following the opening of Lidl’s new store on Trentham Road close by, FHP were instructed to market the property on a For Sale/To Let basis.  A comprehensive marketing campaign identified a number of purchasers and potential lessees.

The premises comprised a 13,250 sq ft store together with 94 car parking spaces.

Lidl chose to let this property on concessionary terms to The Donna Louise Trust, a local charity which provides care and support services for children, young adults and their families who have a shortened life expectancy.

The Donna Louise Trust were represented by Legat Owen of Chester.

END

Phil Daniels

Date:  22 March 2019

Tel:        0115 950 7577

Email:    phil@fhp.co.uk

Stourbridge is a busy town situated within the West Midlands, approximately 13 miles west of Birmingham, and has a residential population of 63,000.

The Ryemarket Shopping Centre is the principle covered centre in Stourbridge.  Anchored by Waitrose and Home Bargains, the scheme provides a wide range of national brands including WHSmith, Bodycare, The Works, Costa Coffee, Boots, Holland & Barrett, Poundland and Card Factory together with independent jewellery retailer Jewellery Inspired.

The Centre totals 165,000ft² across 32 stores and benefits from a 214 space car park.

Doug Tweedie of FHP Property Consultants Birmingham office comments:

“Ryemarket offers an excellent fashion and value occupier line up.  The scheme offers great scope for improvement and we look forward to working with new ownership and existing management team.”

Darran Severn from FHP Property Consultants Derby office comments:

“Stourbridge is a busy town within the Black Country and continues to provide local shopping facilities for the local community.  We are already speaking with a couple of new names and hope to add to the current tenant line up.  We would be delighted to discuss availability and opportunities with any interested parties.”

For further information or to arrange a viewing please contact Doug Tweedie on 07887 787892 or Darran Severn on 07917 460031 or our joint agents Avison Young.

On behalf of private clients, FHP Property Consultants have recently been instructed to market Unit 7b Boscomoor Shopping Centre in Penkridge, Staffordshire.  Penkridge is a popular market town situated close to Wolverhampton and Stafford.

Boscomoor Shopping Centre consists of 12 modern retail units with free customer parking, and is anchored by a 14,000ft² Co-op Food Store.  Other occupiers include Greggs, Subway, Barnardos, Sizzling Wok, Compton Care, Balti Palace and Devils Haircuts.

Darran Severn from FHP Property Consultants comments:-

“We are pleased to bring this property to market, and I look forward to speaking with interested parties.  The unit is currently undergoing a minor refurbishment, and will be ready for occupation within the next few weeks. 

The scheme already has a complimentary mix of occupiers with a continual pull of customers throughout the day and evening.”

The unit is available to let on new lease terms at a quoting rent of £35,000 per annum.

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

Acting on behalf of a private investor client, FHP Property Consultants have sold the freehold interest of 22-26 Low Street, Sutton in Ashfield to the Mansfield Building Society as a relocation for their existing branch in the town centre.

The premises were formerly occupied by Dorothy Perkins who vacated upon lease expiry with the premises containing a ground floor sales area of 1,317ft² together with first floor ancillary accommodation of 978ft².

Mark Bradley of FHP Property Consultants who acted on behalf of the owners commented:-

“We were pleased to be able to dispose of the freehold to Mansfield Building Society fairly swiftly after Dorothy Perkins vacated.  There was other interest for these premises from potential tenants but ultimately our client decided he wished to dispose of the freehold and due to the GDO provisions relating to planning rules allowing A2 financial services businesses to occupy former A1 retail units without the need for a change of use consent, the deal was able to proceed smoothly and quickly to completion.”

Park Farm Shopping Centre provides the principal retailing destination for Allestree, a large residential suburb, approximately one mile north of Derby City Centre.  Allestree benefits from an affluent catchment with a residential population in excess of 60,000 within a 10 minute drivetime and is located close to the main University of Derby Campus.

The Centre totals 165,000ft² of retail space across 60 units and is anchored by a Co-op Food Store, Wilko, Boots and Farm Foods.  Other occupiers include; Birds Bakers, Dominoes, Papa Johns, Scarsdale Vets, Penmark Cards and Co operative Travel.

There is currently a range of good quality units available to rent, from 500ft² to 1,500ft².

Darran Severn from FHP Property Consultants Derby office comments:

“We all know from our own shopping habits that we are shopping closer to home, multiple times a week for top-up items and comparison goods. Park Farm is the perfect environment for this, with good footfall, a strong catchment, ample free parking (2 hrs) and a varied offer that includes national names such as Co-op, Boots and Wilko, and great independent businesses such as Seasons for Flowers and Bloke Barbers. We look forward to anouncing new names soon, and would be delighted to discuss availability and asset management opportunities.”

Doug Tweedie from FHP Property Consultants Birmingham office comments:

“Park Farm Shopping Centre is a popular neighbourhood shopping destination serving a large catchment. We continue to be impressed with interest in the scheme from a number of national, regional and local businesses, and are pleased to work with a client with a modern approach to shopping centre ownership, where all new business ideas are welcome.”

For further information or to arrange a viewing please contact Darran Severn on 07917 460031, Doug Tweedie on 07887 787892 or our joint agents Innes England.

Lichfield is an affluent Cathedral City located approximtely 15 miles north east of Birmingham and 13 miles south west of Burton upon Trent.  Supporting a district catchment of approximately 93,000, and growing tourist numbers, Lichfield’s retail and leisure offer includes quality names such as Fat Face, White Stuff, Café Nero and Loungers, together with thriving independent businesses.

Three Spires Shopping Centre sits at the heart of the retail area and provides the City’s prime trading location and parking facilities. Anchored by Debenhams, best in class High Street brands represented include Argos, WHSmith, Sports Direct, Vodafone, Boots and Mountain Warehouse. Recent lettings include those to Holland & Barrett, Flying Tiger, Coffee #1 and popular lifestyle brand Seasalt, who opened in November 2018.

The available units can accommodate a range of requirements from 500ft² to 4,000ft² plus.

Doug Tweedie from FHP Property Consultants Birmingham office comments:-

“Lichfield provides a perfect blend of architecture, history, cobbled streets, affluence and tourism. This combination makes Lichfield a great retail environment, whether it’s the routine top-up shop or a leisurely browse. Three Spires Shopping Centre combines great High Street brands in an attractive setting and we are delighted to be retained as part of a very strong management and leasing team.”

Darran Severn from FHP Property Consultants Derby office comments:

“Three Spires has a great tenant mix, with a line up that continues to evolve and improve. We look forward to announcing further entrants later this quarter, and continue to welcome discussion with retailers and business owners with great ideas as we seek to make further improvements.” 

For further information or to arrange a viewing please contact Doug Tweedie on 07887 787892, Darran Severn on 07917 460031 or our joint agents Rowley Hughes Thompson.

My background is predominantly within the retail and leisure sector, having advised landlords, investors and developers on a wide range of UK wide transactions since 2005. I have also provided strategic acquisition and disposal advice to widely known occupiers such as Apple, Vodafone, Starbucks, One Stop, Wolseley, Barclays, Cash Access UK and a host of other national and regional names.

Previously I was Head of Midlands Retail & Leisure at Cushman & Wakefield, where the Birmingham based team had some huge successes, most notably the retention of EGi’s most active agent award for 5 consecutive years.

Clients I have worked particularly close with include LCP, M&G, Wesleyan, Bruntwood, Cala Homes, Calthorpe Estates, Heimstaden, Starbucks and Goodstone Living.

Standout career transactions include the investment acquisition of Gracechurch Shopping Centre Sutton Coldfield, Exchange Buildings New Street Birmingham, The School Yard Harborne, and high-profile leasing transactions including Flight Club Temple Street Birmingham, Cotswold Company Leamington Spa, Tesco Express Hagley Road Birmingham, Koi Ki Harborne and Coffee #1 Moseley.

FHP Property Consultants are pleased to have recently been instructed to market the leasehold interest of 10 High Street, Alfreton.

Alfreton is a busy town situated 14 miles north of Derby and 17 miles north west of Nottingham.  It has great road links via the A38 providing access to the M1 Motorway (Junction 28).

The property is prominently positioned on Alfreton High Street and offers 199m² (2,138ft²) over two floors.  There is a private secure car park to the rear providing excellent loading/access.

The property is available to let on new lease terms at a rent of £18,000 per annum.

Darran Severn from FHP Property Consultants comments:

“This property was originally built for the Post Office, however has more recently been used by Derby College.  The accommodation currently provides a mixture of open plan and cellular rooms which could be opened out if required.  The space could be used for a number of use’s including, office, retail, or leisure.

 Given the location, I expect to receive a good number of enquiries, and I look forward to speaking with interested parties”.

For further information or to arrange a viewing please contact Darran Severn on 01332 343222 or darran@fhp.co.uk.

Alan Pearson, Director of FHP Property Consultants, has agreed the letting of 54-56 Bridlesmith Gate on behalf of Intu Properties Plc to leading activewear retailer, The Realbuzz.

54-56 Bridlesmith Gate comprises ground floor sales of 801ft², first floor sales of 597ft², basement of 756ft² and ancillary of 1,135ft².  The Realbuzz have taken a new 10 year lease subject to a fifth year open market rent review at a commencing rent of £85,000 per annum exclusive.  The Realbuzz will be opening in time for Christmas, with an additional sales area at first floor opening in the New Year.

The Realbuzz Group are a leading retail provider in the active endurance sector dedicated to inspiring and empowering people to live healthier and happier lives.  They are organisers of the London Marathon and a number of sporting events nationally.

The Realbuzz retail arm trade from 12 stores nationally, with the Bridlesmith Gate opening taking them to 13.

Alan Pearson of FHP commencing:-

“The Realbuzz are another great new addition to Bridlesmith Gate, providing quality running and fitness apparel together with footwear and accessories and a full gait analysis for their customers.

Bridlesmith Gate continues to attract retailer interest with upsizes for the likes of Fat Face, Joules and Pretty Green in the last 12 months and recent additions such as Kanoo for their relocation, Goldsmiths and David Clulow Opticians.  We have good interest in the units we are marketing opposite and hope to be in a position to announce further openings shortly.”

Stephen Tregenza of Metis Real Estate acted on behalf of The Realbuzz and JLL were joint agents alongside FHP Property Consultants.

Lidl UK has confirmed its new store in Clifton, Nottingham will open its doors for the first time on Thursday 6 September.

The supermarket, which is located on the Clifton Triangle development at Green Lane, will open at 8am with MP Lilian Greenwood and local Councillors on hand to cut the ribbon.

Customers will be offered the chance to sample some of Lidl’s award winning products throughout the day, along with exclusive deals and offers on selected products for the first week of opening.

The Clifton Triangle site is being developed by well-known East Midlands-based property developers Cedar House Investments. “The development will create an exciting addition to the existing retail provision as well as 24 apartments which are being delivered in partnership with Nottingham City Homes”, said Peter Gadsby, Chairman of Cedar House Investments.

Peter said: “We are delighted with the progress of the Clifton Triangle scheme and the opening of Lidl next week is a significant milestone in the development. It will provide local residents with more choice of supermarkets as well as a number of other high-quality retailers.

“We are pleased to be working in partnership with Nottingham City Council on the scheme, as part of a wider regeneration strategy to build a better Nottingham. The support we’ve received from the council has been vital, and once the whole scheme is complete, it will have a big impact on the local community.”

Lidl UK’s Regional Head of Property, Jo Hawley, commented: “We would like to thank all those who have played a part in bringing this new Lidl store to Clifton. It is great for us to have been able to create more jobs and invest in the area. We can’t wait to start serving our multi-award winning products to the local community.”

The mixed-use scheme will bring 130 jobs and further retail opportunities to Clifton and is benefitting from a £15m investment from Cedar House Investments.

Councillor Graham Chapman, Deputy Leader of Nottingham City Council, said: “We had a plan three years ago to improve the retail offer in Clifton and to make sure that the development of 3,000 new homes to the south of Clifton did not become isolated.

“It was essential that we invested in the area and so we’re pleased to see that large companies like Morrison’s and Lidl have also chosen to invest in Clifton. This, combined with the benefits of the extended tram line, has given a real boost both to Clifton and the local housing market – which is one of the most buoyant in Nottingham.”

The new 20,000 sq. ft Lidl will join discounted retailer B&M Bargains, which successfully opened its doors on the Clifton development last month.

JLL and FHP are joint agents of the Clifton Triangle scheme. David Hargreaves, founding director of FHP said: “This is a great scheme in Clifton which offers a great deal to the local community in terms of retail, leisure and residential. We have been involved in the site for ten years and we are really pleased that Lidl has chosen the site for its 12th store in Nottingham.”

Cedar House Investments sister company Miller Birch, is also developing the Guildhall site in Nottingham. It previously developed the Eon building in the city centre, along with NG2 – the hugely successful business park on the fringe of Nottingham City Centre with occupiers such as Experian, Specsavers and Speedo.

End

30th August 2018

FHP Property consultants have completed two retail lettings in Loughborough this week.

55 and 56 Market Street are well positioned within Loughborough town centre and comprise two ground floor retail units, both extending to approximately 480 ft².

55 Market Street has been let to E Cig Wizards and 56 has been let to Healthy Hearing.

Darran Severn from FHP Property Consultants commented:

“This is an excellent result for our client, who owns both these properties.  Both units went under offer within weeks of going on the market.  Loughborough is a busy market town, which is bolstered by the University and we are seeing more and more interest within the town centre.”

Should you require any further information or wish to discuss your property requirement in more detail, then please contact Darran Severn on 01332 343222 or darran@fhp.co.uk.

FHP Property Consultants retained clients, Cardzone Limited, have continued to pursue their expansion programme through the acquisition of an independent Hallmark Cards business located in King Street, Belper.

Cardzone purchased the business subject to a simultaneous completion of a new 5 year lease from the landlord at a rent of £13,000 per annum.  FHP Property Consultants provided rental valuation advice and a condition survey for the premises.

Mark Bradley of FHP Property Consultants commented:-

“Cardzone’s policy is to concentrate their expansion strategy on the acquisition of existing independent businesses where they can benefit from the established goodwill and known turnover levels.  In the last 12 months they have acquired Occasions Greetings, a 7 store business trading throughout the south and south west, a business in Bristol with two stores and an independent based in Buckley, North Wales.  They have also acquired a four shop business in Scotland.  They have not ruled out new sites if the deal is absolutely right but these are very carefully scrutinised and will definitely need to have flexibility in the lease terms.”

Cardzone now trade from 110 units, including 20 Hallmark stores located in Outlet Centres throughout the country and are continuing to seek similar opportunities to purchase existing businesses or administration situations in their sector.

FHP Property Consultants have been instrumental in helping Skipton Building Society relocate to larger premises in Newark town centre.

The new branch is at 37 Stodman Street, previously occupied by Co-operative Bank which closed as part of their nationwide downsizing strategy, with Skipton taking a new 10 year lease at a net rent equating to approximately £40 Zone A.

Their former branch at 20 Market Place, which is freehold owned, was subsequently sold by FHP Property Consultants to a local mortgage broker BB Properties (Newark) Ltd who was able to benefit from the existing A2 planning consent.

Mark Bradley who acted for Skipton on the acquisition of their new branch commented:-

“My clients Skipton had been looking to relocate to larger premises in Newark for some time and once I became aware that Co-operative Bank were closing, an off market deal was brokered with the owners of 37 Stodman Street, whom I knew well and had acted for in the past, to enable Skipton to secure the property on a new lease rather than by way of an assignment of the unexpired residue of the Co-op Bank lease.  I was pleased to be able to put together this transaction to the benefit of both our client for their relocation and also for the landlord who had the certainty of a new tenant from an early date once Co-op Bank had announced their closure”.    

Nottinghamshire based card and gift retailer, Cardzone Ltd, continue their expansion programme with the acquisition of the business of Occasions Retailing Limited from the Administrator.

Mark Bradley of FHP Property Consultants who acts for the retailer commented:-

“Six shops have been acquired in the south west in towns including Didcot, Plymouth, Fareham, Warminster and Royal Wootton Bassett.

 In addition, two shops were acquired from the administrator representing ICandy, the chain established by the former chairman of Clinton Cards.  The two stores are in Witham and Epping.

 A further two stores were acquired from a local independent trading in Gloucester and Bristol and most recently a single shop business acquired in Buckley, North Wales.”

With the acquisition of the Hallmark UK retail business in 2016 trading from some 20 factory outlet centres throughout the UK, Cardzone now operate from some 115 branches and are currently pursing further opportunities to expand through the acquisition of independent businesses, relocations and new sites.