Eddisons expands South Coast operation with hat trick of new appointments

Rapidly growing property consultant Eddisons has made three new appointments across its Fareham, Bournemouth and Isle of Wight offices as it expands its team in the region.

Based out of the Fareham office and operating across the South Coast, the three new appointments bring a wealth of experience and knowledge to the team. Dan Preddy joins the building and project consultancy department as a senior building surveyor, while Natalie Kyle joins the valuation team as a senior surveyor. Pauline Wilson has joined the successful property management department as property manager.

Prior to joining Eddisons, Dan Preddy spent five years at Southampton architecture and planning firm Simpson Hilder Associates where he started out as a graduate building surveyor. Natalie joins the firm with seven years’ commercial property industry experience in the region having worked at both JLL and Goadsby in Southampton, while Pauline has over twenty-five years of property experience, with four in property management.

Hampshire-based Eddisons director Chris Daniells said: “We’re really pleased to welcome Dan, Natalie and Pauline on board and all three join us with an expert knowledge of the South Coast market.

“As in the rest of the UK, Eddisons is leading the way in the breadth and quality of services we offer, ranging from agency and architecture to project and property management, as well as valuation, building surveying and residential surveys reports.

“Demand is driving the firm’s growth and we’re committed to investing in talented colleagues who embody our insistence on excellence, attention to detail and going the extra mile for clients, adding real value to the team.”

Previously known as Daniells Harrison Chartered Surveyors, the independent firm was acquired by fast-growing property group Eddisons in 2022. It employs a team of 27 people across its three South Coast offices.

Following a series of recent acquisitions, including that of SDL Property Auctions in December, Eddisons now employs around 500 people, including a 100-strong valuation team, across a network of more than 30 UK offices.

Half Million Pound North Lincolnshire Bike Auction

High end cycles, parts and specialist cycling kit valued at close to half a million pounds are to go under the hammer in a spectacular auction in North Lincolnshire this week following the collapse of what was claimed to be one of the region’s best bike shops.

The auction includes Italian racing machines that retailed for as much as three and a half thousand pounds a time, children’s cycles that cost over £600 and even balance bikes for toddlers that had price tags of £180. The mountain of parts going under the hammer covers everything from brake blocks (£45 a pair in the case of some Swiss productions) through to carbon frames that were priced at two and a half thousand.

The sell-off follows the liquidation of LC Leeds Bike Shop Ltd, a Yorkshire company that operated a large showroom, bike fitting studio and what was described as one of the country’s biggest cycle workshops. The firm closed the doors at its premises in the Bramley area of Leeds at the beginning of February and have instructed industrial auctioneers Eddisons to dispose of the stock. Everything has been removed to the firm’s Scunthorpe Auction Centre where it will go under the hammer in the online sale this Tuesday (30th April).

Eddisons director Paul Cooper said: ‘The thirty bikes in the auction include a number of handmade Italian Basso road racing bikes that usually carry price tags ranging from £2049 through to what’s expected to be the star of the show, a Basso Astra Ultegra that had a recommended retail price of £3,499’.

‘Meanwhile the company’s repair and servicing department handled work for cyclists all over the region – and indeed further afield – a business that involved carrying a huge stock of parts and accessories. The auction saleroom is currently an absolute sea of saddles, handlebars, wheels, tyres, cranks and all the other stuff that the serious cyclist needs to keep a mount, in absolutely tip-top condition’.

‘And there’s also a vast quantity of specialist clothing, we reckon over £25,000 worth of gear, from lightweight jackets with price tags up to £170, through to shoes that, in the case of Bont, sell for as much as £300 a pair’.

Paul added: ‘The good news for the area’s cyclists is that we have lotted the online auction with them in mind. They have just as good a chance to get involved in the bidding as trade buyers. Furthermore everything is being sold without reserve, so despite the jaw-dropping price tags that much of this equipment once bore, on Tuesday it will go for what it goes for. There could be some bargains’.

The full catalogue is available here. Viewing is 10am-4pm on Monday 29th April at the Eddisons Auction Centre on Dunlop Way in Scunthorpe. The online auction is scheduled to end at 1pm on Tuesday (April 30th).

Eddisons secures £20m funding for school buildings improvements

Property consultant Eddisons has secured £20m of Government funding to improve buildings at schools across the UK, including more than £10m for Yorkshire schools.

The funding was announced in the Government’s latest round of the Condition Improvement Fund (CIF), which, despite growing concern about the state of schools, saw the lowest number of school building work requests approved since the funding system began in 2015.

The latest round of funding secured by Eddisons for schools in Yorkshire includes £1.75m for Polaris Multi Academy Trust, which runs five schools across West Yorkshire, with £1m allocated for a new roof at the trust’s Raistrick High School.

Ian Harrington, head of Eddisons specialist education team and regional managing partner for the North of England, said: “We are proud of the results we’ve achieved once again for our education clients, however this year’s funding announcement underlines the woeful lack of financial provision for school improvements, with less than a third of total bids approved.”

In Yorkshire, 145 (64%) of the total of 225 bids for school buildings improvements and repairs that were submitted were turned down by the Government for CIF funding. Nationally, only 866 of more than 3,000 bids were successful, down from 1,058 approved bids the previous year.

Mr Harrington added: “Eddisons will continue to work with those schools and academies whose bids for much-needed buildings improvements were unsuccessful this time, offering guidance on future bids, as well as advising on other current funding opportunities.

“The CIF bidding procedure is highly complex and our education team have built up huge knowledge and experience to help deliver successful bids and projects that make a real difference to schools, students and teachers.

“Unfortunately the process of submitting a successful CIF bid becomes more competitive each year and we are really pleased to have maintained our position as a key adviser to the education sector, with an excellent success rate.

The successful school improvement projects will all get underway shortly and will be project managed by Eddisons.

Eddisons wins place on new advisory services framework for NHS

We continue to expand our footprint in the public sector after securing a place on a new two-year Government procurement framework that will enable the firm to provide property-related services to the NHS.

The new NHS Shared Business Services (SBS) Consultancy and Advisory Services for Health Framework launched in March and will see NHS SBS partner with health service organisations across the country to increase efficiency, generate cost savings and improve corporate services.

The appointment is Eddisons’ fourth Government framework selection, with previously secured places on the Crown Commercial Services, schools buying organisation ESPO and Homes England procurement frameworks already generating significant work for the firm.

The latest framework appointment will enable the firm to provide property-related services in areas including capital asset strategy PFI, LIFT scheme reviews and hand backs and property consultancy and strategy.

Javid Patel, who heads our public sector team, said: “We have recently launched a suite of boutique consultancy services that are helping to drive efficiency and improvements for clients across the public sector.

“These include transformative AI tech that provides site feasibility appraisals in a matter of hours, and our PFI discovery services, which have been really successful in helping public sector clients to unwrap PFI schemes for smooth hand-back and negotiated settlements.”

The firm also recently launched its Infrastructure and decarbonisation services and has been appointed by Bradford City Council to carry out feasibility studies into developing solar firms at two sites in the borough.

Our appointment on this latest Government procurement framework underlines Eddisons’ continued investment in our services to the public sector, helping us improve our access to the market.” said Mr Patel.

Eddisons maintains ISO 9001:2015 and 14001:2015 certifications

We’re happy to announce our latest achievement of retaining our ISO 9001:2015 and ISO 14001:2015 certifications.

These qualifications further support our mission to ensure the highest levels of quality and compliance in commercial property.

The standard ISO 9001:2015 certification is awarded to businesses who can prove that they are a trustworthy organisation that applies continuous improvement to its habits, practices, and strategies.

Furthermore, ISO 14001:2015 is a measurement of the dedication that a company has to a sustainable future, showing that their actions and approaches are in line with creating a more environmentally conscious world.

Hand in hand, these ISO certifications show that Eddisons is a leading force in not only improving the quality of our business practices but also the sustainability of those practices too.

 

Director Charlotte Peel, who led Eddisons through this lengthy and complex process explains: “it’s not easy to gain the certification, but it is important to show our clients, peers, and staff what we stand for. Furthermore, it’s even more important to retain it each assessment period comes along.

“Keeping ourselves compliant and holding ourselves accountable helps us to provide the best quality service for our clients, which is paramount to us at Eddisons.”

The process includes understanding operational risk, proving that we know how to mitigate incidents that can occur, and understanding the process of maintaining consistency and compliance during all eventualities of business.

Eddisons is a company that has seen many different trends and innovations but one thing we have – and will always have – is a respect for quality and our future.

Eddisons strikes proptech deal with valuations platform

Eddisons has signed a partnership deal with proptech firm Valos in a collaboration which is designed to streamline the fast-growing property consultancy’s valuation process and enhance the valuation reports it produces for clients.

The firm has adopted the Valos technology across its 100-strong valuation team in a move which the firm says will drive efficiencies and increase the speed with which valuations are delivered to clients.

The platform automates the routine elements of carrying out valuations, improving accuracy and cutting production time, as well as producing enhanced data, enabling valuers to generate more comprehensive valuations.

Eddisons’ regional director Phil Deakin, who heads the firm’s North West and West Midlands valuation team, said: “Valuation is an important and growing area of our business, with more than 100 people in our team nationally and increasing demand from our clients for the highest quality valuation advice across the commercial and residential sectors.

“As technology plays an increasingly central role in our operations, we are committed to embracing best-in-class solutions to help our valuers and enhance the service we provide to our clients.

“When we evaluated the technology options, Valos emerged as the clear choice and that was down to the breadth of the product. The platform has clearly been built by valuers that understand our core needs, seamlessly combining accurate data in bespoke templates. This will transform the delivery of our valuation services for clients, improving our efficiency, and freeing up time for our valuers to focus on providing informed insight and the best advice.”

Valos co-founder and CEO Alex Kountourides said: “Eddisons are an innovative firm that are renowned for their client-focused approach and we are proud to be working with them and helping them to drive positive change in their valuation work through the incorporation of new technology.

“Of course, valuers remain integral to the valuation process and with Valos I think we have achieved the perfect blend of automation and valuer input to empower and not replace them.”

 

What could Labour’s £28bn U-turn mean for the property sector?

As it increasingly looks more likely that the Labour Party will form our next government, what will walking back their £28bn Green Prosperity Plan mean to the property market?

Announced in 2021, the programme focused on local and national environmental schemes including the creation of GB Energy – a publicly owned energy company that would prioritise clean power, all generated in Great Britain. Other initiatives included improving home insulation, investing in offshore wind, and updating the National Grid.

This might have been proposed concepts, but these initiatives could massively change how the property sector operates.

Insulation

It was estimated that The Labour Party was to invest £6bn a year into adequately insulating homes across the UK. Now that has been scaled back, after the current government argued it would cost at least double. With these public bouts of misinformation, ordinary people will be discouraged in making the steps to make their houses more sustainable.

Offshore Wind

Labour’s plans to quadruple offshore wind will most definitely be in crisis now the tides have turned inside their party. Offshore wind is a burgeoning energy sector but, without investment, we can’t rely on its development generating any business for the property sector and the surrounding construction industry.

Grid updates

A better National Grid creates more opportunities for infrastructure, and these opportunities can lead to huge property works. Works such as commercial construction and building and development projects would then make way for transport planning, cost consultancy, and lease advisory services.
All these opportunities disappear without investment, and what’s more is we will still have a sub-par power network.

Moving the goalposts

In the months leading up to yesterday’s leak by the Guardian’s Pippa Crerar and Kiran Stacey, the £28bn amount was cut, changed, and moved around – gaining scrutiny over how they would meet these ambitious ideas.

Ambitious it may have been, but with the current government’s rolling back of their green pledges including moving the date for banning petrol back by 5 years, delaying the phasing out of gas boilers, ruling out any taxes on flying and ensuring landlords are exempt from energy efficiency rules.

The Labour Party is believed to be ditching the plan as it didn’t reflect the financial state that the current government would leave in their wake. However, to not prioritise green objectives and wider sustainability goals feels like a more costly decision.

To learn more about Eddisons’ ethos are sustainability and what we are trying to do help you achieve your green goals, go to our Decarbonisation page.

Eddisons’ public sector team adds four new wins to client list

Leeds-headquartered property consultancy Eddisons has added three local authorities and the national regulatory body for MPs to its list of public sector clients.

Javid Patel, head of public sector 

Since gaining approved supplier status on the Government’s Crown Commercial Service (CCS) estate management services framework in 2021 and on the ESPO public sector professional buying organisation in 2022, the firm’s public sector team has rapidly grown the number of councils and other public bodies in its client portfolio.

The City of Lincoln Council, Portsmouth City Council, Rushmoor Borough Council in Hampshire and the Independent Parliamentary Standards Authority (IPSA), the body which regulates and administers all MPs’ business costs and pay, have become the latest organisations to appoint Eddisons’ public sector advisory services.

In Lincoln, Eddisons will advise the city council on the Lincoln Western Growth Corridor, providing strategic development consultancy services for 3,200 new homes, a neighbourhood centre, a business park and transport infrastructure to alleviate congestion.

The firm is providing strategic development consultancy and other input for Portsmouth City Council on its flagship City Centre North master plan. Proposals include 2,300 new homes, public green space and space for new community facilities, retail, hospitality and leisure uses, as well as walking and cycling routes.

Eddisons’ property management team has also been appointed by Rushmoor Borough Council to manage the 375,000 sq ft Kingsmead and the Meads shopping centres in Farnborough on a three-year contract. The contract from IPSA will also see Eddisons provide lease advisory services for MPs’ constituency offices across the UK.

Javid Patel, Eddisons’ head of our public sector strategic advisory team, said: “We are really excited to have added these latest clients to our public sector portfolio. Our approach is always to build collaborative relationships and help bring innovation, including using AI technologies, to aid the quality and speedier delivery of our services.”

He added: “Local authorities and other public sector bodies are increasingly looking to Eddisons for new ideas and direction on capital projects and masterplans and we are building a solid reputation for delivering expertise in areas such as residential, commercial portfolios and town centre regeneration.

“We look forward to growing our market share in the public sector still further as part of our wider strategic business plan.”

New Grantham location gives Dutch-owned agri-tech business room to grow

Photo courtesy of Farm Electronics.

A Dutch-owned crop storage engineering business has started the year in new leased warehouse premises in Grantham, confirms the Lincoln agency office of Eddisons – formerly Banks Long & Co.

The move sees Farm Electronics Ltd, who manufacture ventilation & refrigeration crop storage equipment, consolidate from two sites on Grantham’s Alma Park Trading Estate, to a single building on the other side of the Lincolnshire town at Mallard Business Park on Trent Road.

The new premises, Unit 1, gives the engineering firm 15,898 sq ft of warehouse and office accommodation set on its own, independent site within Mallard Business Park’s wider secure and gated setting.

Mallard Business Park is managed by Grantham Estates, who manage in excess of 200 properties across the East Midlands and Eastern region.

There are four units in total at Mallard Business Park where Farm Electronics Ltd joins operators and distributors from a range of sectors, including stone & porcelain tiling, sewing & crafting, and clothing care tools & accessories.

According to Adam Fryer, Commercial Director, Farm Electronics Ltd, the company had been seeking new premises in which to expand for a while in looking to the end of its lease at Alma Park Trading Estate.

He said, “Our search had been low key for the past couple of years. While not retained as our agent, when Eddisons alerted us to availability at Mallard Business Park and brokered the introduction to Grantham Estates, it became clear that Unit 1 was the obvious location for the next phase of our planned business growth – which already sees us adding two new recruits this month to our current headcount of 13.”

In welcoming Farm Electronics to Mallard Business Park, James Moore, Estates Manager, Grantham Estates, added, “The park’s proximity to the A1 is one of its strongest features and, as such, Unit 1 attracted a number of enquiries after we began to market it last spring.

“However, following Eddisons introducing Farm Electronics to us, it was clear that this firm was in the best position to become the new tenant. That negotiations proceeded swiftly from there and concluded before the end of the year is a testament to the professionalism and focus of all parties involved.”

For any press queries, please contact: William Wall on 01522 544515 or at [email protected].

Another deal done confirmed as the year ends for Huntingdon agency

Eddisons’ Huntingdon office has confirmed the conclusion of the letting of Collingwood House on Alington Road, Eynesbury, St Neots, Cambridgeshire to a tenant who already has a substantial presence on the estate.

Eddisons was the sole agent acting on behalf of the landlord in the transaction that sees a new lease on the modern, 7,177 sq ft, semi-detached business unit which has offices and workshop/warehouse accommodation.

Matthew Hunt of Eddisons Huntingdon led the agency in the marketing of Collingwood House. Commenting on the deal, he said, “St Neots’ Eynesbury commercial district is a long-established business area. Its accessibility to and from the A1 & A428 is key to its appeal.

“It is popular with operators in a range of business sectors and it is not unusual for occupiers with a presence on the estate already, to secure additional premises there when they come forward.

“We are currently instructed on units similar to Collingwood House in St Neots.”

For more information on commercial property to let in the St Neots and surrounding area, contact Matthew Hunt at Eddisons’ Huntingdon office on 01480 451578, [email protected] or through eddisons.com.