Immanuel College gains funding with Eddisons

Written by

Eddisons is delighted to have assisted Immanuel College in a successful bid to the Post 16 Capacity Fund.

As part of the Bradford Diocesan Academies, the College is one of just 42 institutions across the country to secure this award to improve their higher education offering with the Fund.

We were proud to be chosen to assist Immanuel College in applying for and using this money to create a dedicated sixth form block, as well as supporting the whole sixth form provision at the College.

Eddisons was chosen to act as ‘trusted technical advisors’ to the College once they were invited to apply for funding as an eligible institution.

 

A conceptual design of the newly-created sixth form block for Immanuel College
Conceptual designs from Eddisons’ qualified team show what Immanuel College’s dedicated Sixth Form block will look like. 

 

What are the objectives of the Post 16 Capacity Fund?

  • To create additional capacity in 16-19 school providers where a demographic increase in learners is predicted.
  • To ensure that the college’s provision meets the needs of the local and national skills requirements as well as the actual learner demand.
  • To deliver the project in the most efficient and sustainable way: to ensure value for money in the investment of public funds as well as support the Government in achieving their Net Zero goals by 2050.

Where did Eddisons come in?

Immanuel College and Bradford Diocesan Academies Trust selected Eddisons to provide advice on the College’s existing capacity, conduct feasibility studies and create concept designs, designed to fulfil the need for additional space. We then assisted with pre-planning and wrote the Post 16 Capacity Fund application on behalf of the Trust.

On top of this preliminary work, we have been appointed as Contract Administrator, Principal Designer and Architect/Designer for the duration of the works. We anticipate that the delivery of this ambitious project will allow for occupancy in late 2024.

Both Immanuel College and Eddisons are delighted with this funding, and look forward to advancing their teaching and learning environment for many years to come.

Our famous five gear up for regional business games

Written by

Five Eddisons colleagues from the Kettering & Northampton offices are gearing up for second annual HCR Hewitsons Business Games taking place later this month.

Described by the organisers, HCR Hewitsons & Northampton Sport as a ‘friendly competition’, colleagues across building consultancy, agency and property management will come together to pit their prowess against other East Midlands business professionals at the University of Northampton’s
Waterside Campus on 22 June.

While the Business Games centre on physical activity in the pursuit of a trophy, the focus is on fun over the five games which include Dodgeball, Hobby Horse Show Jumping & New Age Curling to name but three.

Team Eddisons will run out under the captaincy of Tom Freer, Director, Property Management, who, having put the team together in April, is the team’s mentor & motivator.

The other team members are Nick Galloway, Will Howells, James Barker, and Gilbert Harvey. Describing the team as a ‘famous five mix of youth & experience’, Tom is reluctant to admit which member will be his ‘man of the match’.

He said, “We’re set to enjoy ourselves with 20 teams of peer professionals in the region and, as the saying goes, it is more important to take part than to win.

“However, in games as in business, at the end of the day, Team Eddisons expects to show its competitive edge – and not just in the refreshments round at the post-Games award ceremony.”

The HCR Hewitsons Business Games will take place at the University of Northampton’s Waterside Campus on Thursday 22 June 2023.

Leading property auctioneers merge with combined auctions

Written by

Two of the north’s largest property auction houses, North-West based Pugh and South Yorkshire based Mark Jenkinson, are combining their online property auction listings from this month.

Mark Jenkinson, which has been based in Sheffield for over 125 years, was acquired by Eddisons earlier this year, joining Pugh & Co which was bought by Eddisons in 2016. Between them the two firms have sold a wide range of commercial, residential and land assets worth £94m in the last year.

Combining the lots of both auction houses will provide a more extensive list of investment opportunities across the regions.

Pugh managing director Paul Thompson said: “This is an exciting development for our business and reinforces our strength and leading position in the northern property auction market. Combining the two very capable teams ensures we continue to deliver a high performing service to our selling and buying customers.”

Mark Jenkinson senior partner, Adrian Little, added: “Working with Pugh, as part of Eddisons, gives us a superb geographic reach, unrivalled market insight and a vast network of buyers and sellers.

“The personalised customer service our clients have always enjoyed will be backed by cutting-edge technology and strategic marketing support.”

The first combined online auction, featuring over 70 properties, includes a former chapel in Poulton Le Fylde amongst a number of city centre properties in Sheffield. The auction will be held on 21 June.

If you have property or land to sell and want to include them in the upcoming auction or a future one, click here to request a FREE auction appraisal.

Eddisons secures over £20m for school building improvement projects

Written by

Millthorpe School Eddisons

Eddisons secures over £20m for school building improvement projects

We are delighted to announce we’ve secured more than £20m of funding to improve buildings at schools across the UK in the latest round of the Government’s Condition Improvement Fund (CIF).

Our education sector specialist team has raised more than £200m in school funding over recent years and the latest round of secured funding includes £4m for school building projects in Yorkshire, £1.6m for heating upgrade projects in Gosport and Southampton and £650,000 for fire safety works at Corley Academy SEN school in Coventry.

Ian Harrington, head of our specialist education team, said: “This is another year of fantastic results for both our clients and the team. However, the success also highlights once again the fact that education is one of the more poorly funded sectors, with 2,000 projects unsuccessful in their bids in this round of funding alone.

“We will continue to work with those schools and academies that were unsuccessful, to offer guidance on future bids, as well as offering advice on other funding opportunities that are available. With the total CIF pot remaining unchanged on last year, despite base rate inflation being at 11% and construction inflation nearer 30%, it was one the most fiercely competitive rounds of funding we’ve experienced.”

The CIF programme is an annual round of bidding under which academy schools and colleges can apply for funding for the upkeep and improvement of their buildings and to fund expansion projects for schools that have been rated good or outstanding by Ofsted. In total, the Department for Education received funding requests for over 3,000 projects this year, with 1,033 projects across 859 academies being allocated a share of the £456m.

Ian added: “The CIF bidding procedure is highly complex and Eddisons’ education team   have built up huge knowledge and experience over the years to help deliver successful bids and projects that make a real difference to schools and to the people who study and work in them.

“Every year the process of submitting a successful CIF bid becomes ever more competitive and we are really pleased to say that we have maintained our position as a key adviser to the education sector, with an excellent success rate for our bids.”

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

If your project was not successful we offer a free audit of your bid so you can apply the insights in any future applications, please click here to find out more.

    By ticking this box you give consent to Eddisons Commercial Limited to email you in respect of news, sales and services. Where consent is not provided we will only use your information for the purposes of your enquiry. Please See our Privacy Policy for further information.
  • This field is for validation purposes and should be left unchanged.

Falling in to back Armed Forces Day in Peterborough

Written by

Eddisons is backing Peterborough Armed Forces Day, that is returning to the city on Saturday 24 June.

Organised by the City Council and supported by the main sponsor Barnack Estates UK Ltd, it’s a day for the city to come together to support and thank those presently serving, as well as those who have served in the armed forces, their families & today’s reservists and cadets.

Come along to Cathedral Square on Saturday 24 June to commemorate, celebrate & support and enjoy the displays & live entertainment on the Eddisons Stage.

More information about the day’s events running from 10am to 4.30pm can be found here.

Focus on final units at second phase of Eagle Business Park

Written by

The spring months have seen the Peterborough agency of Eddisons focus on the final units available in the second development phase of Eagle Business Park, Yaxley.

Eddisons remains the sole agent under instruction on the remaining 7 units being offered to let or for freehold sale, and ranging in size from 900 sq ft to 10,081 sq ft.

This second phase of Eagle Business Park has seen 117 units built, adding 250,000 sq ft of industrial space to this now well established business location.

Both phases of the development have proved popular with a range of business occupiers. Some already based in the Peterborough area, others relocating from other parts of the region or further afield, and some brand new businesses too.

According to Eddisons’ Peterborough agents, it’s the quality of the new build units and the proximity to transport links, specifically Junction 17 of the A1(M) and the city’s own Parkway network of roads, that have been central to the popularity and success of Eagle Business Park.

For more information on the final units available at the second phase of Eagle Business Park, contact Gavin Hynes or Fred Seaby at Eddisons in Peterborough, 01733 897722, [email protected], [email protected] or through eddisons.com.

Latest deals done tell of Cambridge industrial demand in Q1

Written by

Two industrial units in Soham have new occupiers following deals completed in the spring by the Cambridge agency of Eddisons.

Both units are at Northfield Business Park, an established industrial business location north of the Cambridgeshire market town.

Unit 2, at 5,165ft² (480m²), was the larger of the units to let. Its new tenant is a national occupier who has taken a 20-year lease.

At 3,030ft² (281m²), Unit 3 has been let on a 5-year lease to a new occupier operating in the beauty & cosmetics sector.

Eddisons was the sole agent instructed by the landlord.

Demand is high in Cambridge

Ben Green of the Cambridge office recently remarked on the local industrial market following the release of the first RICS UK Commercial Property Market Survey for the year.

He said, “There has seen a pick-up in demand in Q1. Historically, there has been limited development of new industrial units in Cambridge and this – plus lack of available older stock – is putting upwards pressure on rents in the sector.

“In line with the general findings of the RICS survey, we anticipate industrial rents in the region will likely increase in the next 12 months.”

For more information on industrial units to let in the Cambridge area, contact Ben Green, at Eddisons Cambridge on 01223 467155 or at [email protected].

Cambridge director Ben Green responds on RICS survey comments

Written by

The RICS has just published its latest quarterly UK Commercial Property Market Survey (Q1 2023), titled, ‘Headline occupier demand metric stabilises as the weaker trend in investor activity eases’.

In responding to the survey, Ben Green, Director, Cambridge office, reported that his agency team’s experience of the local market so far this year is broadly in line with the trends in the RICS Q1 survey.

Office & laboratory

In Cambridge, secondary offices are seeing limited demand, especially older stock with poor energy ratings. In contrast, prime offices are performing reasonably well.

We are seeing several office buildings, particularly on the city’s surrounding business parks, being repurposed for laboratory use to meet the high demand and lack of supply in this sector locally.

Industrial & industrial rents

There has seen a pick-up in demand in Q1. Historically, there has been limited development of new industrial units in Cambridge and this – plus lack of available older stock – is putting upwards pressure on rents in the sector.

In line with the general findings of the RICS survey, we anticipate industrial rents in the region will likely increase in the next 12 months.

Retail & vacancy rates

Unlike the UK wide picture of falling retail demand, Cambridge has seen a rise in enquiries in Q1 compared with Q4 2022.

This is, in part, attributed to Cambridge’s attraction as a tourist destination and the rise in visitor numbers and footfall.

As such, retail vacancy rates have fallen marginally and rents appear to have stabilised.

To learn more about what the Cambridge office do for you, get in touch with Ben Green today on 07825 309599, or at [email protected].

Property agency acquisition advances Eddisons’ regional reach

Written by

L-R James Foster (Eddisons), Simon Bridge, James Butcher & Tim Bradford (formerly Banks Long & Co)

National property consultancy Eddisons has acquired Banks Long & Co in a deal which sees the Lincoln-based firm boost Eddisons’ presence in the East Midlands & the East of England.

Established in 1989, Banks Long & Co is a multi-disciplinary firm of consultants & surveyors whose property agency and professional services are highly regarded in its local and regional markets.

Banks Long & Co’s headcount of 38 will now integrate with Leeds-headquartered Eddisons’ existing network of 25 UK offices.

This latest acquisition sees Eddisons reinforce its existing operations in the East Midlands and the East of England where it already has offices in Peterborough, Kettering, Northampton, Huntingdon, Cambridge & Bury St Edmunds.

The addition of Banks Long & Co to Eddisons’ operation follows the national consultancy’s acquisition of East Midlands-based firm Budworth Hardcastle last year and its pre-pandemic purchase of the East of England property agency Barker Storey Matthews.

Eddisons now employs around 400 people and is one of the UK’s fastest growing property consultancies.

Commenting on the acquisition, Banks Long & Co Director Tim Bradford said, “Through our talented team of people, Banks Long & Co has developed a market leading reputation for delivering quality property advice.

“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.”

Announcing the acquisition, Anthony Spencer, Eddisons managing director, said, “Banks Long & Co has an excellent regional reputation and I am delighted to welcome their team to Eddisons.

“The acquisition complements our existing strengths in these regional areas and I look forward to working with Tim and the team to seek opportunities for further growth.”

To find out how our multi-disciplinary team can help you across the range of property services, get in touch.

Industrial interest has set sights on Vision Business Park, Biggleswade

Written by

Eddisons’ Huntingdon office is reporting that interest has been strong from industrial occupiers and investors in setting their sights on Vision Business Park, near Biggleswade in Bedfordshire, where 25 of 27 brand new units have been agreed off plan with another due to go under offer shortly.

Vision Business Park, Upper Caldecote, near Biggleswade is the third and newest phase of the Woodlands Estate development which is, itself, according to the agents, gaining profile with the area’s industrial owner occupiers & investors.

Set in three distinct courtyard schemes – in keeping with the style and setting of the wider development – the new-build units at Vision Business Park offer small to medium sized industrial accommodation from 1,410 sq ft (131 sq m) to 11,895 sq ft (1,105 sq m).

The lack of quality new-build industrial schemes in the area and its wider satellite region – as well as the development’s proximity to the A1 north and south and, via Bedford and Milton Keynes, to the M1 – have been key in attracting industrial occupier and investor interest in the earliest phases of the development, according to Eddisons – who is the sole agent.

Matthew Hunt, of the firm’s Huntingdon agency office, who is leading the agency at Vision Business Park on behalf of the developer Barnack Estates UK Ltd, believes that the remaining units will prove attractive for the same reasons.

The appeal of the industrial unit

He said, “For industrial occupiers, many of them involved in manufacturing or warehousing and storage, ease of access to the country’s road networks and key interchanges will always be a top priority.

“Interest and offers at Vision Business Park have come from a range of owner occupiers and investors to date.

“With the building phase now complete this spring, we expect to capture some interest in lettings now as we have now been instructed by a number of investor owners.”

Vanessa Pomeroy, Managing Director Designate, Barnack Estates UK Ltd, added, “We are delighted at the uptake of units for Vision Park.

“It’s great to see occupiers moving in and using our buildings to expand their businesses.

For more information about availability at Vision Business Park, Biggleswade, contact Matthew Hunt at Eddisons in Huntingdon, 01480 571578, [email protected].