New lease on roadside industrial instruction to let

New lease on roadside industrial instruction to let

A new lease on large warehouse premises to let in South Cambridgeshire is available to through the Huntingdon office of Eddisons incorporating Barker Storey Matthews.

The warehouse space available is at Middleton Business Park, on the edge of the village of Fen Drayton, adjacent to the village’s road junction to the former A14, now the A1307 local road.

The park is nine miles from both Cambridge in one direction and the A1 in another, with Huntingdon at seven miles.

The 12,787 sq ft (1,198.91 sq m) warehouse is a large open plan unit and is being offered to let with parking.

Eddisons advises that there is potential for division of the available space on application.

Viewing of the warehouse premises to let at Middleton Business Park, Middleton Way, Fen Drayton is by appointment only through Eddisons as the sole agent.

To arrange a viewing or for more information, contact Richard Adam at the Huntingdon office, tel 01480 451578, [email protected] or see eddisons.com/properties/middleton-business-park-middleton-way-fen-drayton-cambridge-cambridgeshire-cb24-4su.

Final unit fulfils premises search for IT solutions co

Final unit fulfils premises search for IT solutions co

The letting of the final unit by Eddisons incorporating Barker Storey Matthews at the latest phase of a business park in St Ives, Huntingdonshire sees an international IT solutions company relocate from premises in Duxford, South Cambridgeshire.

ISDM Solutions Ltd is the new occupier of Unit 6, the final unit, at Chestnut Court, Willow Road at The Lakes Business Park, St Ives.

Chestnut Court, together with Oak Court, are the latest new-build schemes to be developed at The Lakes Business Park and, as the sole agent, the Huntingdon office of Eddisons has confirmed that both schemes are now fully sold or leased.

Unit 6 Chestnut Court gives ISDM Solutions 207 sq m (2,225 sq ft) of brand new production/workshop and office space across two storey premises.

ISDM is one of the UK’s leading experts in remote working and space management solutions. The company was established in 2012 and has grown to become a global player with offices in China, the United States, Eire and a UK office in West Yorkshire.

Following an extended period of significant growth, the company required larger premises than those in Duxford where its Cambridge base had been for three years.

Ben Ketteridge, Project Manager, ISDM Solutions, explained, “The past twelve months has seen our local office scaling up to meet the demands of one of the world’s highest profile pharmaceutical companies and we had outgrown our former premises.

“In leasing a unit at Chestnut Court, we now have brand new premises of a quality, size, layout and location to enable us to continue to meet our key client’s growing needs at this important time in its field of work.”

The Lakes Business Park is adjacent to the former A14 (now designated as local road, the A1307, between Cambridge and Godmanchester), to the south of the market town of St Ives.

The park’s newest occupiers – those at Chestnut and Oak Courts join an established band of businesses at The Lakes Business Park, including Cambridgeshire Bathrooms, Vindis Bentley and Cambridgeshire Constabulary.

Eddisons, as the sole agent, confirmed that the developers of The Lakes Business Park are planning a further phase of light industrial units within the existing site this year (2021).

For more information on business units to let in the St Ives or Huntingdon areas, contact Richard Adam at the local office of Eddisons, tel 01480 451578, [email protected] or see eddisons.com/barker-storey-matthews.

Deal sealed on Ely mixed-use investment

Deal sealed on Ely mixed-use investment

The latest investment deal to be announced by the Cambridge office of Eddisons incorporating Barker Storey Matthews is the sale of a mixed-use period property in the cathedral city of Ely to a private individual.

The property spans 30-36 Market Street in the central area of Ely and is 2,381 sq ft (221 sq m) in total.

Two occupied ground floor retail units bookend the property at 30 and 36 and fully let residential 1-bedroom and 2-bedroom flats, with their own private courtyard gardens, at 34 and 32, respectively.

With an extensive yard, parking area and outbuildings to the rear, the premises were marketed for sale with a guide price of £625,000 and saw Eddisons acting as the sole agent.

The sale price achieved is undisclosed, but Laurence Gercke of the agent’s Cambridge office confirmed that the property attracted good interest from local investors.

He added, “This Market Street mixed-use property offered an attractive investment with established tenants and offered further potential for residential development in the rear yard.”

For more information on commercial property investment opportunities in the Ely and Cambridge areas, contact Laurence Gercke at the local office of Eddisons incorporating Barker Storey Matthews, tel 01223 456155, [email protected] or see eddisons.com/barker-storey-matthews.

RICS Q4 2020: UK Commercial Property Market Survey – Eddisons incorporating Barker Storey Matthews comments

RICS Q4 2020: UK Commercial Property Market Survey – Eddisons incorporating Barker Storey Matthews comments

The RICS has published its latest quarterly UK Commercial Property Market Survey (Q4 2020), headlined, ‘Widening disparity between strong industrial sector performance and struggling office and retail markets’.

In commenting on the survey, Eddisons incorporating Barker Storey Matthews reported that its experience of micro-local conditions in the Eastern region of England, in the same quarter, revealed a complex market.

Ben Green, Director, explained, “Each of our locations – Cambridge, Huntingdon, Peterborough and Bury St Edmunds – has its own strengths in particular market sectors but all would, collectively, point to the pre-eminence of the market for industrial units in their locale.

“Across the region, local markets always retain their nuances when set against the whole of the country but do, in the main, broadly reflect the wider UK picture during any one quarter.”

For the full RICS survey, see tinyurl.com/65exsekn.

Find out more 

For any press queries, please contact:
Richard Jones, Eddisons incorporating Barker Storey Matthews, 01733 897722, [email protected]

Eddisons boosts London operation with acquisition of HNG chartered surveyors

Eddisons boosts London operation with acquisition of HNG chartered surveyors

Property consultancy Eddisons has strengthened its presence in London after acquiring Hargreaves Newberry Gyngell (HNG), a London-based firm of chartered surveyors in a £1m deal. Based in central London, HNG’s 14-strong team will integrate with Eddisons’ team of 300 staff, who work across 20 UK offices.

HNG provides a wide range of commercial property services such as agency, management and lease advisory services to clients including private investors, property funds and commercial businesses. The acquisition will strengthen the Eddisons property services capability in London and provide a platform for the firm’s further growth across the South East.

Eddisons director Anthony Spencer said: “I am very pleased to welcome the HNG team to Eddisons and the acquisition significantly strengthens our property services capability in London. Like Eddisons, HNG has an excellent reputation for high quality professional advice, and we continue to seek opportunities for further growth.”

Torquil Gyngell, a director at HNG, said: “Through our talented team of people, HNG has developed a market leading reputation for delivering quality property advice throughout London and the Home Counties.

“We are excited to be joining the Eddisons team as there is a natural overlap with the services we offer and an opportunity to work with like-minded individuals. This strengthens our proposition to clients and I look forward to developing the opportunities the deal presents.”

 The acquisition continues Eddisons’ expansion which saw the firm acquire Barker Storey Mathews in the East of England in 2019.  In the last five years, Eddisons has also acquired planning consultant Croft, real estate and business valuers Taylors, and leading property auction business Pugh & Co.

Industrial instruction

Industrial instruction

Large, detached, two storey industrial business premises on the Stukeley Meadows Industrial Estate are the latest instruction of the Huntingdon office of Eddisons incorporating Barker Storey Matthews who is acting as the sole agent on behalf of the landlord.

The premises are on a self-contained site at 12 Blackstone Road and the accommodation offered is warehouse, production and office space across two connected warehouses, totalling 13,105 sq ft.

The main warehouse is 10,656 sq ft and the connected, warehouse extension is 2,448 sq ft. Additional features include 40kw solar panels, twin goods access doors and the site is gated and fenced.

Stukeley Meadows Industrial Estate is the principal commercial trading location in Huntingdon, with good access to the A1/A14 junction interchange.

Eddisons confirmed that the current tenant of 12 Blackstone Road is relocating so the unit is a ‘relatively rare’ opportunity to acquire a good, modern, well located industrial building.

Viewing of 12 Blackstone Road is by appointment only through Eddisons as the sole agent.

To arrange a viewing or for more information, contact Richard Adam at the Huntingdon office, tel 01480 451578, [email protected] or see eddisons.com/properties/blackstone-road-stukeley-meadows-industrial-estate-huntingdon-cambridgeshire-pe29

Find out more 

For any press queries, please contact:
Richard Jones, Eddisons incorporating Barker Storey Matthews, 01733 897722, [email protected]

The future is Bright with return to Huntingdon

The future is Bright with return to Huntingdon

Eddisons incorporating Barker Storey Matthews has announced the freehold sale of Burnett House at Ermine Street Business Park in a deal which sees Bright Instruments Ltd return to Huntingdon after four years in Luton.

Working in the highly specialised field of medical and laboratory precision equipment, Bright Instruments’ new headquarters sees the company as the exclusive owner-occupier in 11,646 sq ft (1,081.91 sq m) of production, warehouse and office space at Burnett House which is on Lakeview Court at the business park.

Sold for undisclosed sum, Burnett House was offered to let or for freehold sale through Eddisons who acted as the sole agent.

In seeking to return to Huntingdon in order to recruit skilled staff in line with its future growth plans, Bright Instruments had, initially, been looking to lease new premises to meet its property requirements.

Managing Director, Harry Nugent, explained, “We made the decision to return ‘home’ to Huntingdon – where we established the company over 85 years ago – to capitalise on its pool of skilled staff, many of whom are former employees.

“We had only been looking for business premises for a month before we saw the opportunity to buy the freehold of Burnett House.

“The Huntingdon area is well placed for our business and recruitment plans which are centred on recruiting 15 additional staff members this year and five each year thereafter as our plans for growth play out.”

Welcoming Bright Instruments Ltd back to Huntingdon, Richard Adam, of Eddisons’ local office, said, “Bright’s rationale behind its relocation to Burnett House is typical of that of many businesses in this area – whether indigenous or, previously, outside the area.

“Huntingdon is a business hub at the centre of a large catchment area of potential employees who can meet a range of employers’ contrasting needs when it comes to recruitment.”

For more information on business premises for sale or to let, contact Richard Adam at the Huntingdon office of Eddisons, tel 01480 451578, [email protected] or see eddisons.com/barker-storey-matthews.

 

Find out more 

For any press queries, please contact:
Richard Jones, Eddisons incorporating Barker Storey Matthews, 01733 897722, [email protected]

Eddisons advises at major new Cambridge tech business campus

Eddisons advises at major new Cambridge tech business campus

The local office of Eddisons incorporating Barker Storey Matthews has confirmed its role in a major new Cambridge business park for which planning permission has recently (January) been granted.

Bourn Quarter will be on a site of over 10 hectares and is part of the wider redevelopment of Bourn Airfield, between Cambourne and Cambridge, west of the city centre, where there are also plans for substantial residential development.

Eddisons acted on behalf of client Cambridge Design Partnership (CDP) – who has been confirmed as the first tenant at Bourn Quarter which, as a new business park, is modelled on the High Tech Campus at Eindhoven in the Netherlands.

CDP was represented in lease negotiations by Eddisons who also advised on the construction contract and is retained as CDP’s appointed adviser to monitor the build process too.

The Eddisons team working on the project is led by directors Mark Critchley and David Park who are based at the firm’s Cambridge and Peterborough offices, respectively.

Speaking following the announcement of planning approval for Bourn Quarter, Mark Critchley commented, “The new high tech campus is the principal commercial element of the overall scheme that is centred on Bourn Airfield.

“It’s a real privilege to be working for CDP who, as the Quarter’s anchor tenant, will have a top quality headquarters building in blazing the trail for other high profile occupiers.

“Cambridge’s pre-eminence in scientific and engineering fields is acknowledged globally and we are looking forward to playing our part in bringing forward another top calibre business park in the area.”

Construction will begin this year (2021) with CDP’s occupation of its new headquarters scheduled for summer 2022.

Construction complete at new-build industrial units in Huntingdon

Construction complete at new-build industrial units in Huntingdon

Construction of a small, brand new scheme of industrial business units on the Stukeley Meadows Industrial Estate is now complete, with the Huntingdon office of sole agent Eddisons incorporating Barker Storey Matthews confirming that the first unit has already been let and strong interest in several of the other units.

The Meadow, on Alms Close, is a scheme of six brand new business units built by Huntingdonshire District Council, suitable for light industrial and warehouse/distribution use.

The units range in size from 1,350 sq ft to 3,228 sq ft (125.42 sq m to 299.88 sq m) and each unit is offered to let with allocated parking.

Stukeley Meadows Industrial Trading Estate is the principal industrial trading area of Huntingdon and is where a number of established local and international companies operate.

The Meadow scheme is one mile from Huntingdon town centre and is conveniently located for access to the A14, the A1(M) and beyond.

Stephen Power, of the agent’s Huntingdon office, commented, “All indications are that the demand for industrial business units will endure well this year.

“Given the lack of availability of brand new, quality stock in the Huntingdon area when set against local demand and the boost to the town’s profile given by the A14 upgrade, The Meadow development is well placed for industrial occupiers who are looking to capitalise on the units’ availability, quality and location.”

For more information about the availability of the remaining units to let at The Meadow, Alms Close, Huntingdon, contact Stephen Power at Eddisons incorporating Barker Storey Matthews, or see eddisons.com/properties/the-meadow-alms-close-huntingdon-cambridgeshire-pe29-6ef.

 

Furnishings firm makes itself at home in new Peterborough premises

Furnishings firm makes itself at home in new Peterborough premises

An independent home furnishings retailer has relocated to new premises in Peterborough in a move which saw the local agency of Eddisons incorporating Barker Storey Matthews  act on behalf of the landlord in the letting of the property.

At 1,428 sq ft (132.66 sq m), 31 Alfric Square sees Homesoft Ltd (also known locally as Upholstery Centre) now trading from larger premises than its previous unit on Oundle Road’s trading district, where it had been located for the past 25 out of the 30 years since it was established in 1990.

In seeking new premises, the upholstery, fabric, curtains, blinds and flooring retailer had wanted larger premises to meet the needs of its domestic and contract customer base who are, mostly, within a 15 mile radius of Peterborough.

Peter Beckerton, one of the firm’s co-directors, explained, “We had been looking for a larger unit for about 12 months before securing 31 Alfric Square for use as our main showroom premises and office base.

“As a local independent business who has been trading for so many years and, in having such an established and loyal customer base – in trade circles, in particular – our property requirements were quite exacting when it came to size and location.

“We are currently stocking our new showroom and are looking forward to opening for business soon.”

The Peterborough office of Eddisons incorporating Barker Storey Matthews acted as sole agent in letting 31 Alfric Square.

For more information on similar properties to let in the local area, contact Freddie Dade, tel 01733 897722, [email protected] or see eddisons.com/barker-storey-matthews.

Find out more 

For any press queries, please contact:
Richard Jones, Eddisons incorporating Barker Storey Matthews, 01733 897722, [email protected]