Eddisons boosts agency division with new marketing hire

Rosie Rea Eddisons

Eddisons boosts agency division with new marketing hire

Property consultant Eddisons continues to strengthen its agency division with the creation of a new marketing role within its marketing and PR team.

Rosie Rea joins the Eddisons team as marketing coordinator and brings with her five years’ cross-industry experience. She will be primarily based in the firm’s Peterborough office, headed by agency partner Stephen Hawkins.

Rosie will be responsible for coordinating marketing activity across Eddisons’ agency business, working closely with the firm’s 20 local and regional offices to promote its services. In addition to agency, Rosie will also provide support to Eddisons’ wider marketing division which has recently strengthened their leadership team by appointing Beth Hailey as their Head of Marketing based in the Leeds office.

The announcement comes as Eddisons’ agency team is ranked as the leading agent in Cambridgeshire, based on space transacted this year across lettings and sales, in the prestigious EG Radius rankings.

Stephen Hawkins said: “We’re really pleased to welcome Rosie to the Peterborough office at a particularly exciting time for the agency team, which is going from strength to strength, and as we gear up for an extremely busy few months ahead as covid restrictions are lifted.

“Rosie’s appointment enables Eddisons to provide an even better service for our clients in successfully marketing properties, whether for sales or lettings.”

The firm has also been ranked among the top 10 most active firms across the country and in the East of England, as well as in the industrial sector, based to the activity of its agents in Peterborough and Cambridge.

The EG rankings are based on the amount of space transacted, for all lettings and occupier sales, across UK regions, between 01 January to 12 July 2021.

Huntingdon office building let to medi-tech firm

Falcon Rd offices Hinchingbrooke Business Park

Huntingdon office building let to medi-tech firm

An office building on Falcon Road at Hinchingbrooke Business Park has been let by the Huntingdon office of Eddisons to medical diagnostic company, Cyted Ltd.

The 679 sq m (7,278 sq ft), three storey office building is on Hinchingbrooke Business Park, two miles north west of Huntingdon town centre.

The parks is home to a range of office and light industrial occupiers including Anglian Water, Cambridge Health Authority (NHS) and Kitchen Range Foods with a Marriott Hotel on the park too.

The office premises attracted interest from a number of office occupiers who were keen on its proximity to the A1 and A14 and onward links to national and local road networks, according to
Eddisons.

Richard Adam, Director, Eddisons – who led the marketing of the offices – commented, “Quality business space in Huntingdon, such as that on Hinchingbrooke Business Park, sees the town well
placed now in the much improved A14 corridor to Cambridge.

“Huntingdon is now presenting itself to a genre of business occupiers, such as scientific and technology R&D or high profile office operators, who, historically, may have looked to Cambridge
and its satellite business parks, more than to Huntingdon, to satisfy their property requirements.”

For more information on office opportunities in the Huntingdon area, contact Richard Adam at Eddisons in Huntingdon on 01480 415727, [email protected] or [email protected].

Retail unit let on neighbourhood parade

6 Hardwick Shopping Centre

Retail unit let on neighbourhood parade

A retail unit on a shopping parade in one of Bury St Edmunds’ popular residential neighbourhoods has been let by Eddisons to a dog grooming business who has relocated from premises nearby.

Number 6 Hardwick Shopping Centre is a 64.4 sq m (698 sq ft), glazed, double fronted lock-up retail unit, formerly occupied by an established local charity.

Eddisons acted on behalf of the landlord in negotiating both the new lease and the surrender of the existing lease and has confirmed that the unit attracted interest from a range of local businesses.

The new tenant has taken a 10-year lease and the completion of this letting maintains the 100 per cent occupancy of the shopping parade which serves the residential areas of Nowton and Hardwick in the Suffolk town.

For more information on retail units to let in Bury St Edmunds, contact Steven Mudd at Eddisons on 01284 702655 or [email protected].

Agent sheds light on office suite let at Beacon House

Beacon House

Agent sheds light on office suite let at Beacon House

The Bury St Edmunds of Eddisons has confirmed the letting of an office suite in Beacon House in the town to a new occupier.

Suite 1 is 98.66 sq m (1,062 sq ft) on the first floor of Beacon House and has been let by way of sub-lease to a company who specialises in the engineering and manufacturing of glazing and fenestration products for the construction sector.

Beacon House is a detached office building with a range of high quality office suites on Kempson Way – part of the wider Suffolk Business Park, which is one of the premier office locations in Bury St Edmunds.

The agent has acted on instructions on Beacon House for a number of years. Two separate office lettings within the building having been completed ahead of the most recent letting of the first floor suite on which it was the sole agent.

Commenting on the letting of Suite 1, Beacon House, Steven Mudd of Eddisons, said, “Kempson Way is highly prized by office occupiers in the Bury St Edmunds area and Beacon House offers a high quality business location for a range of office occupiers.”

For more information on office suites or offices available to let in the Bury St Edmunds, contact Steven Mudd at Eddisons on 01284 702655 or [email protected].

Retail lets in cathedral city

5 Buttermarket Ely

Retail lets in cathedral city

Eddisons has confirmed the successful letting of three retail units in the Cambridgeshire cathedral city of Ely.

Eddisons was the sole agent under instruction on the three units in the city’s historic centre, 5 Buttermarket and 20-22 Market Place. All three units have been let to independent traders.

The Buttermarket property was formerly occupied by HSBC Bank and its new tenant has a new lease on 153 sq m (1,649 sq ft) of ground floor and first floor accommodation.

The units at Market Place see the consolidation of two previously separate units (20 & 22 Market Place) which have been the premises of two separate residential sales and lettings estate agencies.

The mid-terrace units at 20-22 Market Place gives the new occupier 110.26 sq m (1,188 sq ft) of accommodation over two floors with prominent display frontage to the popular market square.

Laurence Gercke, of the Cambridge office of Eddisons, led the marketing of the instructions.

He said, “The opening up of retail opportunities post-lockdown is something property agents are keeping a weather eye on.

“Our ongoing experience in this sector would indicate that good, well presented units in vibrant, compact and accessible locations – such as Ely’s historic city centre – are proving attractive to
independent traders.”

For more information on retail units to let in Ely and Cambridge, please contact Laurence Gercke at Eddisons on 01223 467155 or [email protected].

The Planning Bill trailer: a practitioner’s point of view

The Planning Bill trailer

The Planning Bill trailer: a practitioner’s point of view

Last summer saw what was hailed, by some, as the most radical revision to the planning system proposed by central government for decades. Almost a year on, Kate Wood – a chartered town planner with over 25 years’ planning practice – looks beyond those initial headlines in considering some of the main issues that would make the planning system deliver.

The Planning for the Future White Paper was published almost a year ago (August 2020). In commenting on the Queen’s Speech in May – in which the forthcoming Planning Bill was the centrepiece of the script and the news coverage – we pointed to a missed opportunity to unlock the current planning system.

In the opinion of many seasoned planning professionals, particularly those of us in commercial practice who also have extensive experience as local authority (LA) practitioners, the chief failure of the current planning system is the lack of proper investment and resourcing of local planning authorities.

One of the main planks of what is proposed in the white paper is ‘faster planning permissions’. Yet it is not clear how this is to be achieved other than, in addition to a replacement levy for Section 106 (S106) and Community Infrastructure Levy (CIL), that there will be digitised processes. In many planning authorities digitised application processes are already in place anyway.

Faster planning permissions are, fundamentally, down to the way planning departments are resourced and managed. The white paper’s suggestion of a chief planner is a good one as this will promote culture change and credence.

Planning is, after all, a collaborative and iterative process not a tick-box exercise.

While planners are scarce, LA planning departments should be looking to invest in more support staff to carry out the admin intensive tasks to free up the qualified planners to practise their craft.

Many council planning departments take weeks to register an application.

If applications were assigned to planners on day one for validation (following initial listing of constraints and policies by admin) they would be able to have an immediate discussion with the applicant around any further requirements. Thereby establishing an early working relationship and being able to start to deal with an application as soon as it came in, rather than half way through the statutory determination period.

Meanwhile, admin staff can retrieve and deal with consultation responses, including chasing, write the factual sections of the officer’s report and request amended or additional information from applicants under the direction of the planning officer.

Another plank of the proposed bill as it stands is ‘more emphasis on design’. This is already a current feature of the system through design guides. So would more of the same really achieve ‘better design’?

Surely the appropriate measure is for a local authority to employ skilled planners and urban designers who can interpret good design as appropriate to the locality of an application without recourse to a government checklist or one-size-fits-all standard?

An aspect of the planning white paper that grabbed the headlines is ‘more development by small builders’. We would argue that a more flexible approach to zoning and land allocation would facilitate this.

Many local plans are not open to such flexibility, drawing lines around villages beyond which development is not permitted. Better plans have policies that allow for small scale growth at the edges of villages by defining which character of site is appropriate to develop.

The emphasis on the community benefits from tens of houses than a small scheme of two or three houses also pre-loads the system against development by small developers.

Flexible zoning is also an argument that carries through to, surely, what is one of the biggest challenges of the post-pandemic economy: the changing nature of the high street.

Local authorities should – and could already – be addressing this issue now. They need to look to remove policies from their ongoing local plans which restrict certain parts of town centres to certain uses, eg ‘principle shopping frontages’.

The market should be allowed to evolve town centres for new uses and not be artificially constrained by planning uses defined at local authority level.

This will then have an effect on prices and/or vacancy levels. That’s something on which investors and agency professionals have the inside track.

We planners should defer more to their knowledge and experience to ensure high streets have sense of vitality, albeit that such vitality may be different to previous experience, and towards more diverse ‘quarters’ where activities may cluster.

And this respect for peer professionals brings us back to the main thrust of the argument when it comes to critiquing any Planning Bill which follows the policy tenets if the white paper: the concentration on regulation as opposed to valuing and resourcing the skills of planners.

Not until the planning system and the vital role it plays in the public realm is appreciated and financed at local authority statutory level will the planning system be unlocked to the benefit of all interested parties and communities alike.

For more information about Eddisons’ planning services, contact Kate Wood in the Peterborough office, [email protected].

Recently refurbished and extended premises to let in popular South Cambs village location

Station Road Impington

Recently refurbished and extended premises to let in popular South Cambs village location

The latest letting instruction for the Cambridge office of Eddisons are commercial premises in the popular South Cambridgeshire village of Impington.

At 103 Station Road, the recently refurbished and extended 1,330 sq ft (123.54 sq m) premises have been the site of a café which has served the popular residential neighbourhoods of Impington and Histon and the nearby Vision Park business location for a number of years.

Located three miles north of Cambridge and with excellent access to the A14 and the Cambridgeshire Guided Busway and cycle corridor, 103 Station Road has a spacious open plan area on entrance, store, cloakroom facilities, kitchen and staff office.

It is air conditioned throughout and ‘character’ features include exposed beams and feature light fittings. There is a landscaped terraced area to the front and parking to the side for one vehicle with free, on street parking in the immediate vicinity.

The property is being offered to let by the landlord through Eddisons on a new, full repairing lease. Fixtures and fittings are offered by separate negotiation.

While formerly trading as a café, the agent advises that alternative uses for the premises would be considered, for instance office or retail.

Viewing is strictly by appointment with Eddisons as the sole agent.

To arrange a viewing or for more information, contact Laurence Gercke at the Cambridge office, tel 01223 467155, [email protected].

Industrial pressure powers new-build demand for 2022 estate

Eagle Business Park Eddisons

Industrial pressure powers new-build demand for 2022 estates

Demand for industrial unit space continues apace in Peterborough, reports the local office of Eddisons, with 12 out of 27 available new-build units at the Eagle Business Park development in Yaxley already reserved a full year ahead of their scheduled occupation date of summer 2022.

The 27 units are arranged across three new courtyard schemes – Firecrest Court, Razorbill Court and Ravens Court.

The three schemes are the latest new-build additions to be offered to let or for freehold sale at Eagle Business Park which fronts on to Broadway in Yaxley and is now a well established business location.

Eddisons confirms that of the 12 out of the 27 units under offer, eleven are freehold sales. Firecrest, Razorbill and Ravens Courts form the main part of an estate which will complete the final phase of Eagle Business Park which has been successfully developed by Barnack Estates UK Ltd for whom Eddisons has been – and remains – the sole agent under instruction of the new-build units.

Ranging in size from 84.1 sq m to 157.9 sq m (905 sq ft to 1,700 sq ft) on a fenced and gated estate, all the units are of steel portal frame construction with eaves height of six metres.

Units on each scheme have fibre connections in place, LED lighting and electric loading doors and are offered with what the agent describes as good levels of parking.

There is also the option to include additional offices on the remaining available industrial units, subject to build stage.

With almost half of the 27 units under offer twelve months ahead of being ready for occupation in summer 2022, Eddisons points to the pace of take up in urging potential investors, owner occupiers or tenants to register serious interest as early as possible in the remaining months of this summer (2021).

Richard Jones of Eddisons’ Peterborough office said, “Interest in these, some of the final units at Eagle Business Park, reflects the national commercial property market.

“Demand for industrial units by investors and occupiers alike continues to fuel a very active and fast moving market.

“However, the pace of reservations and offers this spring on these schemes which will form part of the final estate – so far ahead of scheduled readiness for occupation next summer – has been remarkable, even for Eagle Business Park which has always been a popular development.”

Adding to comment about the ongoing popularity of Eagle Business Park, Rob Facer, Managing Director of developer Barnack Estates UK Ltd, added, “The success of the latest stage of Eagle Business Park has been exceptional, especially considering the impact of the pandemic.

“Prospective owner occupiers tell us that they value providing employment close to the conurbation of Yaxley as it allows for walkable, bikeable and brief commutes for themselves and employees that make for a positive work life balance.”

For more information on the remaining units available at Firecrest Court, Razorbill Court or Ravens Court, Eagle Business Park, Yaxley, contact Richard Jones, tel 01733 897722, [email protected] or through eddisons.com/barker-storey-matthews.

Eddisons on a half year high in industry rankings

Richard Jones Eddisons

Eddisons on a half year high in industry rankings

Eddisons is celebrating success this summer in being ranked by industry insiders in the top ten most active firms across the country and in the East of England and, in addition, in the industrial sector through the activity of its agents in Peterborough and Cambridge.

The plaudits have come this month (July) from property research specialists, EG Radius who run the sector’s much coveted annual deals competition and who, for the first time, have published mid-year rankings identifying the top ten dealmakers.

The rankings are based on the number of transacted deals, for all lettings and occupier sales, completed from 01 January to 25 June 2021.

Activity in the market since the beginning of the year (2021) sees Eddisons’ agency feature in the top ten in two of the national categories: for the number of deals based on the amount of space transacted (82,307 sq ft) and the number of transactions in the industrial sector (20).

Regional success in the East of England means Eddisons’ agents occupy four out of the top ten individual dealmaker positions for the number of deals in all sectors (74) and the number of transacted space – the latter with a cumulative total of 208,429 sq ft in the past six months alone.

Identified as one of the top ten individual dealmakers in the national and regional rankings, Eddisons’ Richard Jones said, “It’s a great achievement for us – individually, regionally and, collectively, for Eddisons.

“We always feature strongly in the annual deals competition and currently occupy the top slot as the East of England’s most active commercial agent for the eight successive year in the competition based on the deals of 2020 across all sectors, including industrial.

“Our extensive presence on the ground in the eastern region and the expertise of our agents means we are continuing to push deals through this year.

“It’s encouraging to see that, mid-year in 2021, we’re on course with the pace of transactions in what is yet another challenging year – as the complex effects of lockdown and the impact of the Covid-19 pandemic play out on the regional and national business stages.”

Find out more 

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

Freehold investment sold on Cambridge’s Mill Road

97 & 97a Mill Road

Freehold investment sold on Cambridge’s Mill Road

The freehold interest of a mixed-use, end terrace, Victorian building in one of Cambridge’s popular commercial and residential districts has been sold by Eddisons now incorporating Barker Storey Matthews on behalf of Cambridge City Council.

The property, 97 & 97a Mill Road, on the corner of Gwydir Street, is one of a series of property instructions forming part of the city council’s agreed planned disposals and divestment programme in Cambridge.

Laurence Gercke, Associate Director at Eddisons, commented “With an award winning restaurant in occupation on a long lease, it came as no surprise that we received strong interest in the property which sold in excess of the asking price of £400,000.”

For more information on freehold investment opportunities in Cambridge, contact Laurence Gercke at Eddisons on 01223 467155 or [email protected].