Emerald gets assayed

Emerald Technology Recruitment have just completed a 5 year lease on 2 adjoining suites comprising 2,763 sqft of ground floor offices in the TCN Property refurbishment of the old Assay office in Newhall Street, Birmingham. Boston Fieldgate acted for Emerald.

76-84 Warwick Road acquired

On behalf of a private investor client Boston Fieldgate has negotiated terms for the purchase of a freehold mixed use – retail and residential investment – at 76-84 Warwick Road in Kenilworth close to the prime retail trading pitch in the town. The property comprises 4 shop units one of which is Grade 2 Listed – all are let, 3 flats, two stores units and a number of lock up garages with some development potential. Boston Fieldgate has now been retained and is now advising on upcoming lease renewals and strategic management matters.

New player arrives at Euston

Estate agents row secures a new name. Shortland Horne Residential has taken a 6 year FR & I lease on 10 Euston Place in Leamington Spa. Let on a stepped rent averaging £17,500pa the unit offers 629sqft of sales / office accommodation at ground level. Boston Fieldgate negotiated the letting on behalf of the landlord.

PCM renew

Long time occupier of Unit 1 on Cotton Drive industrial estate in Kenilworth – Proctor Chester [Measurement] Ltd has just signed up a 7 year lease renewal on their 1,976 sqft unit with 8 car spaces at a commencing rental of £15,750pa  subject to review in 2021. Boston Fieldgate advised the landlord.

Miss Macaroon up and running

Community Interest company Miss Macaroon has just signed the lease on their first retail unit. Unit 8 Great Western Arcade in Birmingham in now being shop fitted for trading to start before the end of the month. Unit 8 offers 314sqft of ales space and has been taken on a 5 year lease at an average annual rental of £18,800pa. The lease has provision for a tenant break option at the expiry of the third year. Boston Fieldgate provides property advice to Miss Macaroon and negotiated terms on behalf of the company. This deal has attracted significant press coverage at local and national levels – the recent article in the Estates Gazette can be read by following this link  keep-it-sweet-estates-gazette-10-september-2016. Boston Fieldgate is currently negotiating terms for a a second unit in Leeds……

3 extend at Alvis Works

Three of the occupiers at the well located Alvis Works in Kenilworth have extended their leases to Dec 2018. Units 1/5/6 comprising some 4,753sqft are paying just over £4.50/sqft. Units 2 & 7 comprising 2,113sqft & 1,406sqft respectively are available to let immediately and a self contained single storey office building of 1,018 sqft with 7 car spaces will be available in April. Alvis Works provide a range of unit sizes available on flexible leases. Boston Fieldgate provide strategic management advice and negotiated the lettings for the landlord. Details of available units can be found on the properties section of our www.

Sepsis Trust takes on the Hill

36 Bennetts resized for wwwpost

Following its launch in 2012 UK Sepsis Trust has grown significantly and needed to move to larger offices from their original base in Sutton Coldfield. The ambition was to secure a base in central Birmingham so working with their retained property advisors Boston Fieldgate they looked at a number of options before negotiating terms and signing up for 1,845sqft of offices on the 2nd floor of the recently refurbished 36 Bennetts Hill in Central Birmingham within the Colmore BID area.. Sepsis is a life threatening infection that affects 150,000 people and kills 44,000 each year – to find out more visit www.sepsistrust.org.

Sweet deal at No 47

47 WR resized for www post

Following introducing the opportunity to a private investor client Boston Fieldgate were instructed  to negotiate terms to acquire the freehold mixed use investment at 47 Warwick Road in Kenilworth. The property comprises 3 flats all sold on long leases and 2 shops – Madison & The Kenilworth Sweet Shop let on 3 year occupation leases and currently yields just under 8% gross.

Bank gets in training

Units 2-3 resized for www brochure

Personal Trainer Alex Selby has taken a three year lease on units 2/3 at Bank Gallery in Old Town Kenilworth having secured planning consent for change of use. Boston Fieldgate negotiated the letting on behalf of the landlord.

Clearwater attracts multinational tenant

Unit 1 CBP frontage

Clearwater Business Park is a 7- acre commercial business park set in the heart of South Warwickshire and is home to a number of well established businesses.

The latest to join these is Fugro GeoServices, the world’s largest integrator of geotechnical, survey, subsea and geosciences services. Their services are specifically designed to support engineering design and large structure building projects. Fugro works around the globe, predominantly in energy and infrastructure markets, employing approximately 12,000 employees. They have taken occupation of Building 4, Clearwater Business Park in order to facilitate their latest contracts.

Fugro join the other impressive list of occupiers including:

The Retail Motor Industry Federation (RMI) is the UK’s leading automotive trade body. A powerful advocate for the retail motor trade, lobbying Westminster, manufacturers, oil companies and related industries and associations. And a major opinion former and influence in motor trade matters since 1913. 

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