Investment Property

U.K. Occupiers Sought Greater Flexibility in Shorter Leases and Break Clauses in Face of Brexit and Economic Uncertainties

U.K. Occupiers Sought Greater Flexibility in Shorter Leases and Break Clauses in Face of Brexit and Economic Uncertainties

U.K. occupiers negotiated shorter leases or more flexible long-term tenancy commitments in face of Brexit uncertainties and sluggish economic growth, according to the annual UK Lease Events Review compiled by MSCI Inc. (NYSE: MSCI), a leading provider of research-based indexes and analytics. MSCI’s research, sponsored by BNP Paribas Real Estate and the British Property Federation, showed that new leases with a duration of less than five years accounted for 42.1% of new tenancy agreements signed …

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Investment Property

Box Property secures Birmingham site for Clean Cut Kitchen

Box Property secures Birmingham site for Clean Cut Kitchen

National retail and leisure commercial property agent, Box Property, has secured Clean Cut Kitchen’s third premises at the heart of Birmingham’s Colmore Business District, Snow Hill. Set to open in January 2019, the 174 sq m property; One Snowhill, will offer Clean Cut Kitchen access to mainline rail services as well as an endless list of leisure, retail and business opportunities. Birmingham will be the first city outside of Nottingham that the company has introduced …

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Construction Investment

History in the making – transformation works start at Nottingham Castle

History in the making – transformation works start at Nottingham Castle

Works have officially begun to transform Nottingham Castle into a world-class heritage destination, as Midlands contractor G F Tomlinson breaks ground on the £30m Castle Transformation Project. Thanks to a £13,883,400 Heritage Lottery Fund grant, Nottingham Castle – a beacon of power, protest and rebellion throughout the centuries – will be revitalised upon the project’s completion in 2020, when it is expected to attract more than 400,000 visitors a year, more than double the current …

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Construction Investment

£50M MAJOR MIXED-USE SCHEME PROPOSED FOR LEICESTER CITY CENTRE

£50M MAJOR MIXED-USE SCHEME PROPOSED FOR LEICESTER CITY CENTRE

A significant, mixed-use development has been proposed to transform and regenerate the St George’s North area of Leicester city centre in an investment representing circa £50m. Developers, LCL commissioned multi-disciplinary design practice, rg+p to design a high quality apartment scheme, known as Fleet Village, to revitalise derelict and disused former office buildings on Lee Circle and Old Milton Street in the city. The proposed development includes new apartments and associated amenities for residents such as …

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Business Construction Investment

FORMER ST MARY’S NURSING HOME IN EDNASTON TRANSFORMED INTO EXCITING NEW MANAGED WORKSPACE SCHEME

FORMER ST MARY’S NURSING HOME IN EDNASTON TRANSFORMED INTO EXCITING NEW MANAGED WORKSPACE SCHEME

Refurbishment work to transform the former St Mary’s Nursing Home in Ednaston into an exciting new managed workspace scheme is nearing completion and is set to open for business next month. Located off the A52 between Derby and Ashbourne, Ednaston Park is a magnificent period property dating back to the 19th Century and nestled in 18 acres of picturesque landscaped gardens. The building, which was operated as a nursing home until 2016, was purchased by …

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Business Investment

MERRITTS INVEST £1.4m IN MACHINERY LIFTING & TRANSPORT EQUIPMENT

MERRITTS INVEST £1.4m IN MACHINERY LIFTING & TRANSPORT EQUIPMENT

Joseph Merritt Group Plc has announced plans to invest £1.4 million in machinery lifting and transportation equipment as part of an ongoing strategy to expand services across the UK. The company, which specialises in the lifting, removal, transportation, installation, and storage of heavy machinery and equipment has already invested in 4 new Scania S500 tractor units and will shortly take delivery of 4 new customised Mercedes Benz Sprinter vans and 4 new Hyster fork lift …

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council Investment

Mansfield’s Developer Forum Launch a Huge Success

On Friday 5th October Mansfield District Council launched their Developer Forum. The event was well attended by a range of local land owners, developers and agents. The first Mansfield Developer Forum We recently held our first Developer Forum which forms part of the council’s new proactive approach on improving the delivery of housing and other schemes. The forum intends to create open and transparent channels of communication between developers and officers, which in turn will …

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Construction Investment

Focus Consultants and Guy Taylor Associates support Skegness foreshore improvement plan

Focus Consultants and Guy Taylor Associates support Skegness foreshore improvement plan

Economic development experts at Focus Consultants and architects Guy Taylor Associates have been appointed to draw up ideas to improve the foreshore of one of the UK’s popular seaside towns. Skegness has a long tradition as a holiday resort, not least as the first location for the Butlins chain, built in 1936. Now the seafront is looking forward to improvements which aim to boost Skegness’s appeal as an all year-round visitor destination, thanks to concepts …

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Investment

Businesses receive £1,000 helping hand to set up in empty shops and boost streets

Businesses receive £1,000 helping hand to set up in empty shops and boost streets

FOUR new businesses have opened in Ilkeston and Long Eaton with a helping hand from a scheme to revive empty shops. The Golden Hello Scheme gives grants of £1,000 – an initial £500 plus £500 after 10 weeks of trading – to owners of businesses moving into empty retail premises in the two towns plus Sandiacre and Sawley. It is managed by enterprise agency Erewash Partnership on behalf of Erewash Borough Council. Gemma Worthington opened …

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Investment Property

Lincoln developer announces new appointment and national expansion plans

Lincoln developer announces new appointment and national expansion plans

Luxury retirement developer Arbor Living has expanded its team with the appointment of Liam O’Sullivan as a land buyer to support the firm with its ambitious UK expansion plans. The company is currently developing two high-end park home sites; Lakeshore, which will have 64 properties when complete and is located next to the popular Burton Waters complex in Lincoln, and Willowpool in Lymm, Cheshire, which features 13 homes. Both are set within landscaped grounds, close …

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