FHP

Agents deal on Lidl site

Bondholders Salloway Property Consultants and FHP have completed a transaction on a site on Raynesway, securing an acquisition by Lidl for a seven-figure sum.

In June, Lidl announced it was opening 40 new stores, creating 1,500 jobs in the process as part of a £500million expansion plan over five years.

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Stephen Salloway of Salloway Property Consultants said “I am delighted to report the sale of this prime development site. Lidl and its agent, Phil Daniels of FHP, were very straight-forward to deal with and completed the sale in an impressively short timescale.

"The prominence of the site on Raynesway on the edge of Alvaston meant we were able to generate a considerable number of enquiries. We received interest from car dealerships, drive-thru operators, a range of retailers and also residential developers."

Director at FHP Property Consultants, Phil Daniels who represented Lidl in the transaction said “ We were pleased to secure this site on behalf of our retained client Lidl. We had been monitoring the site for 24 months and stayed in close contact with Stephen Salloway to ensure the opportunity wasn’t missed."

Phil added “Its always a pleasure to conclude a transaction with a fellow Bondholder, Stephen Salloway – keeping Derby business between Derby businesses!”

 

Property winners announced

Several Bondholders were winners at last week’s East Midlands Property awards 2019, celebrating deals and developments over the past year.

The awards were announced last week at a prestigious event held at the De Vere East Midlands Conference Centre, with Marketing Derby sponsoring the pre-dinner drinks reception.

Maya Yates, Inward Investment Executive for Marketing Derby said "It was a pleasure to be part of such a wonderful evening celebrating successes with the East Midlands property sector. Our Bondholders made us proud, winning in a number of categories, but a special mention goes to our former Chairman Mike Copestake for his incredibly well deserved Lifetime Achievement Award."

Bondholders amongst the winners on the night were:

Client Advisor of the Year
Winner: Smith Partnership, for their work on bringing together numerous funding sources, including their work on Derby Museums' new Museum of Making
Highly Commended: Gleeds

Agent of the Year
Winner: FHP

Construction Project of the Year
Winner: Waterside Campus, University of Northampton (Mace Group, Turner & Townsend, Moses Cameron Williams Architects, CPMG Architects, Bowmer+Kirkland, Kier, VolkerFitzpatrick, Vital Energi, Hydrock)

Lifetime Achievement Award
Winner: Mike Copestake, Freeths

Katie Delve from Marketing Derby adds "Congratulations to our Bondholders who won awards this year. This event recognises the talent in the East Midlands property sector and is always a fantastic opportunity to celebrate some of the highlights of the year.”

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Derby Business Games Returns

Applications have opened early for the second annual Derby Business Games due to the resounding success of the inaugural event.

The Derby Business Games will be held on June 14 2018 at Bondholder the University of Derby and is organised by fellow Bondholders HUUB and Timms Solicitors.

A maximum 32 teams of eight can enter.

Teams compete in a wide range of competitions from rounders and dodgeball, to egg and wheelbarrow races. The afternoon finishes with relays and a tug of war finale, before trophies and medals are presented.

One of the main winners at the first event this summer was Bondholder FHP, who won the rounders, sack race and wheelbarrow events.  

HUUB Events organiser Claire Duffin said: “The first Derby Business Games were such a huge success that we are already getting calls from companies wanting to reserve a place in the 2018 re-match.

“Teams will be entered on a first-come, first-serve basis so I would urge colleagues to get the date in their diary now and put their names down early to avoid disappointment.”

Fiona Moffat, Managing Partner at Timms, said: “Derby Business Games was so much fun that we were keen to work with HUUB Events to bring the event back for summer 2018.

“Everybody entered into the friendly but competitive spirit at this summer’s event and it was great to see so many people recapture their youth and hark back to their school sports day.”

For more information and to sign up for the Derby Business Games 2018, please email Claire@huubevents.com.

BAFTA-Nominated Company Expands into Friar Gate

A 4,500 sq ft office in a historic Grade II listed 19th Century building has been sold to a BAFTA-nominated game developer, in a deal brokered by Bondholders FHP Property Consultants and Rigby & Co

Strawdog Studios has moved to 99 Friar Gate, a building owned by Bondholder Clowes Developments, as part of its plans for expansion. 

Paul Smith from Strawdog Studios said: “99 Friar Gate will be a perfect city centre base for the studio as we continue to execute our plans to grow the team and develop our mobile games publishing business over the next few years.”

Tim Richardson from FHP Property Consultants, added: “We had a lot of interest in the property from people looking to convert it into flats, but always felt that the best result would be to retain the building largely as existing as it will create a fantastic working environment once refurbishment works have been completed.”

FHP Deliver the Post House

Bondholder FHP has helped deliver a new restaurant serving local artisan and organic food, in the former Post Office building on Victoria Street.

The Post House Derby is a hub in which eight local independent producers each have an assigned area on the ground floor, alongside a communal dining area and bar for customers, and is due to open in May 2017.

Jade Devall, managing director of The Post House Derby, said: “This building is the perfect opportunity for our business which we have been planning for a while now. With its industrial features and heritage it makes the perfect place for our restaurant and bar. Derby needs a very different take on food and drink and we will be bringing 8 of the very best local independent companies from around the East Midlands”.

Darran Severn from FHP Property Consultants added: “The leisure scene in Derby has evolved over the last 18 months with a good mix of national and independent operators opening within the City Centre. We are continually speaking with other bar and restaurant operators but there are fewer well placed opportunities available.”

Prosperity Rising for Derby's Students

“We are delighted to see this latest development scheme involving bondholder companies working together, as the student accommodation sector in Derby continues to go from strength to strength.

An additional 300 students moving into the city centre will continue to see city businesses benefit from the increased vibrancy they bring.

Marketing Derby have worked closely with Prosperity Capital Partners on Cathedral Court, and will continue to do so going forward.”
— Tom Erskine, Marketing Derby
 

London-based Prosperity Capital Partners has announced plans to develop a second student accommodation building in Derby.

Following on from its successful £20.3m, 350 unit Cathedral Court scheme, which opened this September, plans have now been submitted to develop around 300 units in a new building on Cathedral Road.

The deal was brokered by Rigby & Co, alongside FHP, on behalf of the owner,  Peter Gadsby of Cedar House Investments.

Peter Gadsby said: “We considered a number of different commercial and residential schemes for this site, but ultimately were satisfied that Prosperity Capital Partners will meet the growing expectations of Derby’s student market – and this deal ensures there will be development activity in this region."

Gavin Barry, CEO of Prosperity Capital Partners, added:  “We were keen to build on the success of our Cathedral Court scheme and develop further high quality, contemporary accommodation for Derby’s students. These kinds of developments are incredibly important to the city’s economic wellbeing and provide invaluable support to Derby’s student population. It has been a pleasure working alongside Peter Gadsby and Rigby & Co to conclude this deal.”

 

Derby's Thriving Food & Drinks Scene

There's no question that Derby's food and drink offering has thrived in last two years — from the fantastic array of restaurants, cafés, pubs and bars across the city to Bondholder intu Derby's recent drive to establish itself as a destination for dining.

One of the forces behind the regeneration of Derby's food and drinks scene is Bondholder FHP, which has recently announced its 16th bar/restaurant to be secured by the firm in the city. 

Carluccio's will be joining other deals closed by FHP such as MEXico, Yo! Sushi, and Byron Hamburgers amongst others. The commercial property agent has also brought established brands to the city centre including Las Iguanas and Prezzo on Friar Gate and Turtle Bay on the Wardwick.

David Hargreaves, Director of FHP, commented: "Derby has been under-served for far too long, which is surprising given the wealth of investment and its strong catchment. It is now finally getting the quality of operators you would expect to see in a city of its size."

Alan Pearson, Director of FHP, added: "This is far from the end of catering and leisure interest, with further lettings to be announced. The city is now being recognised for its untapped potential, which is clearly shown by the wealth of brands we have been able to attract to the city."

Derby has been under-served for far too long, which is surprising given the wealth of investment and its strong catchment.
— David Hargreaves, Director of FHP
This is far from the end of catering and leisure interest, with further lettings to be announced.
— Alan Pearson, Director of FHP

BB's opens shop at intu

A premium coffee shop and café opens today on the ground floor of Bondholder intu Derby, bringing a range of coffees, frappes and smoothies as well as muffins, cakes, sandwiches, wraps and toasties.

BB's Coffee and Muffins is situated opposite Marks & Spencer and claims it is the largest shopping centre coffee shop/café operator in the country.

A spokesperson said: "At BB's we're all about delicious, freshly-made food and a great place to enjoy it in."

Jack Shakespeare, of the retail and leisure team at Bondholder FHP, commented: "It's great to get the corner reactivated with such a great café offer. It keeps the momentum going of the last 12 months, where new leisure arrivals including Joe's Kitchen, Yo! Sushi, Krispy Kreme, Byron Burger, Zizzi and MEXico opened in Eat Central further enhancing the centre's leisure offering."

He continued: "This comes alongside the great news that a Hollywood Bowl and Paradise Island Adventure Golf are due to open in early 2017."

Dan Murphy, General Manager at intu Derby, said: "We're really excited to be undertaking such an ingenious project where we're converting a deck of the multi-storey car park into further leisure facilities."

FHP secures third city centre deal this month

Bondholder FHP Property Consultants recently completed a deal for a new ice cream café to open in Derby's Central Hall this July - just in time for summer.

The deal with Diletto adds to previous city centre deals outside of intu Derby this month including national homeware retailer Pondon Homes and gym franchise Xercise4less.

Diletto takes a twist on the American style diner concept seen spreading across many UK cities, offering an alternative to after dinner drinks and acting as a daytime social hub, serving up delights such as ice cream, sundaes and milkshakes.

This signals wider activity happening in the city as vacant units are reducing in central Derby, and more retailers are signing up, including Dr Martens on Sadler Gate.

Darran Severn from FHP commented: "It's great to see new businesses coming to Derby and East Street has proved popular due to the high footfall between intu Derby and the bus station. With less opportunities around, it's only a matter of time until rents begin to increase."

Bondholder FHP is also highlighting modern two story offices in an excellent location in Derby - 61 Canal Street - which are in close proximity of the railway station, bus station and intu Derby shopping centre as well as the inner ring road.

Tim Richardson from FHP said: "This is a rare opportunity to acquire good modern space in a very convenient location being just outside of Pride Park, at a competitive rent. We already have an offer on the ground floor suite which will leave just the first floor suite of 1,444 sq ft available."

For further information, please call (01332) 343 222 or email timr@fhp.co.uk

 

Xercise4less Derby gets green light

Gym chain Xercise4less has been given the green light by Bondholder Derby City Council this month and will move into 8 East Street (formerly occupied by TK Maxx) in a deal brokered by Bondholder FHP.

This addition to the St Peters Quarter is in line with Derby City Council's masterplan and brings new investment and jobs to the area. A statement on the decision notice said: "In this instance, the loss of retail floorspace is outweighed by the wider benefits of the proposal in terms of combating a long-term vacancy."

"The local planning authority is satisfied that sufficient units would still remain in retail use within this particular frontage and the proposal would provide a complimentary use which, subject to conditions, would add to the vitality and viability of the city centre shopping area."

The new gym will create 50 jobs and have 400 pieces of equipment, large studio for classes and ladies-only section.

FHP Recognised for its Outstanding Service

Bondholder FHP has been shortlisted for its Outstanding Customer Service at a prestigious national award ceremony.

We’re absolutely delighted to have been shortlisted. Customer-led awards are obviously very important as it’s a clear indication of how well we’re doing as a business and how we value our service as a top priority.
— Ian Marriott, Associate Director

The ESTAS, sponsored by Zoopla, uses customer feedback to determine the UK’s best estate and letting agents. A shortlist of 22 regional awards has been established using research collected from more than 30,000 customers.

The award ceremony will take place on the 15th April at the Grosvenor House Hotel in London.

 

Dr Martens joins Sadler Gate

Derby's newest addition, shoe store Dr Martens, is set to open next month, where Bondholder FHP acted on behalf of longstanding client and fellow Bondholder, Clowes Development Ltd.

Dr Martens will complement the existing mix of independents, bars, restaurants and national retailers, and being such a worldwide name, it will hopefully bring even more business to the street
— Darran Severn of Bondholder FHP Property Consultants

Moving into its 478 sq ft store at 50 Sadler Gate, Dr Martens will sit alongside an array of national and local retailers including White Stuff, Cruise Clothing, Canopy and Silvarious. The store will create six new jobs and follows the success of recent openings in London's Oxford Street, Cheshire Oaks and Sheffield.

Darran Severn of Bondholder FHP Property Consultants, commented: "Dr Martens will complement the existing mix of independents, bars, restaurants and national retailers, and being such a worldwide name, it will hopefully bring even more business to the street."

Andrew Bock from Bondholder Clowes Developments, said: "Clowes have worked hard to secure this letting that will have a positive impact on the rest of Sadler Gate. It's great to see fashion retailers returning to what was Derby's fashion location."

Cathedral Quarter Launches Prospectus

Bondholder Derby Cathedral Quarter Business Improvement District has launched its new high-quality prospectus which showcases strengths of the area, investment opportunities and details of developments.

The Cathedral Quarter is renowned for its historic setting, vibrant atmosphere and high-quality products. Already home to over 450 independent and national businesses, the new prospectus provides and overview of office and retail accommodation in the area. 

The largest sector in the Cathedral Quarter is professional services which makes up 37% of businesses. And, with 550,000 square feet of commercial office space available - including serviced office space via the Connect Derby scheme - there's plenty of room for more.

The Cathedral Quarter is an address which carries a kudos and value
— Martin Langsdale, Chair of the Cathedral Quarter Board

The second largest sector is retail, with top-notch retailers and the area boasting the highest density of premium brands in the city.

Martin Langsdale, a chartered surveyor and chair of the Cathedral Quarter Board, said: "We have seen a resurgence in both independent and national retailers looking to relocate or expand... The Cathedral Quarter is an address which carries a kudos and value."

Darren Severn from FHP Property Consultants explained: "The Cathedral Quarter is becoming increasingly popular and offers a very unique setting. It draws both high-end independent and national retailers as well as an excellent mixture of new bars and restaurants."

YMD Boon moves to Pride Park

Architectural and construction consultant YMD Boon has moved into Derby with the help of Bondholder FHP Property Consultants who acted as agents for the expansion, letting an office in Pride Park. Fellow Bondholder Rigby & Co also advised the tenants during their search.

The architectural and construction company, headquartered in Market Harborough, has also joined Marketing Derby as Bondholders after looking to reinforce their presence in Derbyshire for some time. The appointment of local Architect Sharareh Setayesh provided the company with the opportunity to open an office in the perfect location. 

The directors are delighted to be opening an office in Derby. The location is excellent and local services are first class.
— David Yates, Director at YMD Boon

The company will have a start-up team of six staff, and will provide architecture and building surveying services to the education (primary, secondary, further and higher), industrial, retail and residential sectors. 

Some of YMD Boon’s clients include Bondholders Derby College and Derby City Council as well as GF Tomlinson. 

David Yates, Director of YMD Boon, said: “The directors are delighted to be opening an office Derby. The location is excellent and local services are first class. The launch of our new offices has been timed to coincide with our proud announcement that Shari (Sharareh) has become a full Director of the Company and heads up the Pride Park office. Shari’s appointment reinforces the Company’s drive to provide outstanding services to our Clients in Derbyshire. “

Friar Gate Welcomes Las Iguanas

Following on from the freehold purchase of 21-23 Friar Gate earlier this month, popular restaurant operator, Las Iguanas, is set to open on Monday 13th October.

Bondholder FHP worked closely with Las Iguanas to convince them that Derby is the ideal spot to invest in. FHP visited Derby on seven consecutive nights to survey how many people were in various outlets at various times; this evidenced to Las Iguanas that there was sufficient mid-week trade to justify their £1/2 million investment.

Las Iguanas creates delicious Latin American specialities with the freshest, highest quality produce from the best British suppliers and carefully sourced authentic ingredients from around the world.

This latest restaurant from Las Iguanas is a truly one-of-a-kind venture, taking the passion and spirit of the Grade II listed building on Friar Gate. The restaurant will be decorated with Latin wall art and artisan tiling with an authentic 18th Century bakery, there will also be a stunning double-height atrium with tumbling foliage, from which diners can watch the expert chefs at work in the open kitchen.

FHP’s Director, David Hargreaves, said: “FHP hope to announce two or three more new arrivals to the Derby market in the next few weeks to complement this letting and the various restaurant operators we have achieved at intu Derby.”