Eddisons Spring/Summer 2022 Commercial Supplement out now

Eddisons has published the latest edition of its commercial property supplement.

The Spring/Summer 2022 issue is the fifteenth edition in the series.

The supplement contains detail market commentary on the four core market locations in the Eastern region – Bury St Edmunds, Cambridge, Huntingdon and Peterborough – as well as showcasing a selection of recent and current agency instructions in each location.

This latest edition also profiles the expertise of the firm’s professional services teams in the region in which sit experienced professionals across a range of property disciplines including planning & development, property management and building surveying.

The commercial property supplement is mailed to circa 10,000 businesses and occupiers and investors with interests in the Eastern region.

The latest 2022 edition can be downloaded from the website here.

To request a hard copy, please contact any of the offices Bury St Edmunds, Cambridge, Huntingdon or Peterborough.

Eddisons expands Sheffield office with new building and project consultancy division

Eddisons has appointed newly promoted associate director Curtis Bowles to head the new Sheffield building and project consultancy team at its South Yorkshire office, which was launched in the city in October last year.

Joining Eddisons in 2016 as a building surveyor, Curtis was promoted to associate director at the Leeds-headquartered firm this year and will now head a four-strong team of building and project consultancy colleagues who will make the move to Sheffield with him from Eddisons’ Leeds office.

He will be joined by surveyors Jack Cooper and James Hunston, as well as a soon-to-be-appointed year-out placement surveyor. Jack has been with Eddisons for seven years, initially starting as a placement student. Also joining is Caitlin Belshaw, an undergraduate building surveying student on her placement year in industry from Sheffield Hallam University.

Ian Harrington, who heads Eddisons’ growing building and project consultancy team nationally, said: “We’re really pleased to have such a talented and capable young team led by Curtis heading up our building and project consultancy operation in South Yorkshire. Eddisons are fully invested in recruiting and nurturing young people and enabling them to progress upwards within the business. It’s fantastic to see such talented people thrive and rise to new challenges.”

He added: “The Sheffield office is seeing an increase in business across the board, with particularly strong growth in the education sector in South Yorkshire and the Midlands. The important work we are doing with schools and colleges is helping them generate winning bids to secure Government funding for much-needed physical improvements to grounds and buildings.

“Activity from the Government’s procurement frameworks, Crown Commercial Services and public sector professional buying organisation ESPO, is also increasing as Eddisons’ reputation grows in this area.”

Eddisons’ Sheffield office is headed by Adrian Lunn and has grown to become a team of 17 since its launch last autumn.

New letting at Harston Mill

Acting on behalf of The Science Group, Eddisons has completed the letting of an office unit at Harston Mill to premium business software provider, Formpipe.

Comprising 2,606 sq ft of office space, the unit forms part of Harston Mill, an established business and science centre offering high quality office and laboratory accommodation.

Harston Mill is conveniently situated just 5 miles from Cambridge, 2 miles from the M11 and 1 mile from Foxton train station. The River Cam flows through the site with nature walks and seating areas providing a superb working environment. Tenants benefit from the use of state of the art meeting and conference facilities and there is ample parking.

Mike Rogers, Commercial Director at Formpipe, comments: “Here at Formpipe we’re very excited to be making this beautiful space in Harston our new home! As a collaborative and people-centric organisation, we knew this location was perfect in offering us the open-plan layout we were looking for, as well as the space needed for our growing team. The agent Ben Green from Eddisons has been fantastic throughout and we can’t thank them enough for all of their help in making this move possible.”

Remaining availability at Harston Mill include offices suites of 1,700 sq ft and 3,146 sq ft and a laboratory suite of 2,047 sq ft.

For information on the remaining units, contact Ben Green at Eddisons on 01223 448791 or [email protected].

Eddisons completes sale of mixed-use property in Cottenham

Eddisons acting with joint agents Carter Jonas, has completed the sale of a mixed-use property in Cottenham at above asking price.

The two-storey property, situated at 203-207 High Street, comprises 1,799 sq ft of ground floor office accommodation plus a self-contained three bedroom flat on the first floor.

With an extensive parking area and development potential, the premises were marketed for sale with a guide price of £420,000.

Ben Green, Director at Eddisons, commented, “We are delighted to have completed the sale of this mixed use property to a private company. The property offered an attractive investment
opportunity which resulted in a good level of interest and a price being agreed £20k above the asking price.”

For more information on commercial property investment opportunities in Cambridgeshire, contact Ben Green at the local office of Eddisons on 01223 448791 or [email protected].

Contract wins propel Eddisons’ public sector property and land portfolio to £1bn

A string of council contract wins has propelled the value of Eddisons’ public sector property and land portfolio on which it advises to over £1bn.

The contracts were secured via Eddisons status as a newly approved supplier on the Government’s Crown Commercial Service (CCS) estate management services framework.

Since October last year, Eddisons’ public sector team has added Cambridgeshire, Reading and Dudley councils to its list of local authority clients, which also includes Southampton, Enfield, Blackpool, Peterborough and Kirklees councils.

Reading Borough Council has appointed Eddisons to bring the site of its former Civic Centre, which was demolished in 2016, to the market this summer through a formal procurement process.

A major development opportunity, the site is expected to attract high levels of interest from prospective investors.

Eddisons has also been appointed by Dudley Council to provide land assembly advice, combining adjacent parcels of land to form a single site, on the town’s multi-million-pound Portersfield and Castle Hill regeneration schemes.

Eddisons’ head of public sector, Javid Patel, said: “As local authorities and other public sector organisations increasingly turn to us for fresh ideas and new direction on stalled capital projects and masterplans, we are rapidly building a reputation for bringing innovative new thinking to problematic portfolios and development sites.

“As we emerge from the pandemic, clients are seeing immense value in appointing us as an alternative adviser in areas such as build to rent (BTR), residential, extra care housing, 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.”

Eddisons was confirmed as an approved supplier on the CCS estate management framework in summer last year. The framework is available to all UK public sector bodies when commissioning real-estate advice.

Eddisons bring Easter cheer to North Fawdon Primary School

Eddisons is donating over 200 Easter eggs to make Easter egg-stra special for pupils and staff at North Fawdon Primary School in Newcastle.

The building and project consultancy team at Eddisons answered the call from the school’s business manager, Nikki Lumley, who was concerned that many children would go without this Easter.

Scott Lambert, building surveyor at Eddisons, said: “Our specialist education sector team works with schools across the country to help them secure the funding to make them better places to learn and work. We build strong relationships with the school communities we work with and have been working with North Fawdon Primary for four years now. We’re really pleased to be able to give this small gift to students and staff and hope everyone enjoys their Easter eggs.”

In recent years, the Eddisons team has helped North Fawdon Primary School to secure funding for improvements to their buildings and grounds through the Government’s Condition Improvement Fund (CIF) including roof refurbishment works and safeguarding works. The team is currently working on a cladding replacement project at the school.

Ms Lumley said: “Eddisons have been helping the school to make improvements to its infrastructure for four years and are a trusted partner of ours. We’re grateful for all that they do and give special thanks for this thoughtful gift. It’s certain to bring smiles to the children’s faces over Easter.”

Eddisons completes Grade A office letting in Bury St Edmunds

Acting as joint sole agents on behalf of the landlord Pigeon, Eddisons and Merrifields have completed the letting of a first floor office suite at Linden Square to an established regional solicitor’s firm.

Ellisons Solicitors will be relocating to larger offices in the town centre from their existing premises at Guildhall Street to meet increasing client demand.

The 4,413 sq ft Grade A office suite is situated within the highly sought after business district and provides open plan accommodation benefiting from air conditioning, suspended ceilings, meeting rooms and onsite parking.

The property is located in the heart of Bury St Edmunds town centre, adjacent to the Arc Shopping centre and with excellent road links to the A14 and A134.

Guy Longhurst, Managing Partner of Ellisons Solicitors, commented: “Wanham Longhurst & Co who we merged with marks its 40th anniversary this year, and as the successor practice, it couldn’t be a better time to be relocating to further enhance the service we are able to offer to our existing and new clients and contacts. We know our clients really like our existing Bury St Edmunds location because it is so convenient for them. It is why we are moving just round the corner, so we can continue to offer the best possible service they have come to expect from us.

“We are really looking forward to enhancing the experience and services we can provide our clients while still maintaining our excellent location, right in the heart of Bury St Edmunds.”

William van Cutsem, Investment Director at Pigeon, said: ‘The decision made by Ellisons to relocate to Linden Square reinforces our belief that the market for prime Grade A offices remains strong. It is clear that the long?term shift in working practices, following the Covid 19 pandemic, will see a continued move towards higher quality accommodation such as that offered at Linden Square as employers seek to remain attractive in the increasingly competitive battle for talent.”

For more information on office units to let in Bury St Edmunds, contact Simon Burton at Eddisons on 01284 715005 or [email protected].

Eddisons lease new St Neots outlet

Eddisons acting on behalf of the landlords has completed the letting of Unit 19, Chester Road, upon the Colmworth Business Park, St Neots.

The building, which extends to 4,128 sq ft, has been taken by AJW Distribution Group Ltd, which has depots throughout the Eastern Region and is involved in the supply of roofing materials.

Tom Woods, Sales Director at AJW Distribution, commented; “We are proud to announce that we have opened our 6th Depot in St Neots this week. The business has continued to grow year on year however we were waiting for the perfect time to expand our portfolio and open up our next depot. St Neots will work alongside our Sawston depot as a Roofing hub for St Neots and the surrounding area.

“We have always looked to develop further West and feel that St Neots will be a great additional location to our portfolio with key links to the A1 corridor and quick access into Bedfordshire, Northamptonshire and Hertfordshire.”

Eddisons’ Director, Richard Adam, who handled the letting commented “We are pleased to welcome A J W Distribution Group Ltd to the Colmworth Business Park as part of their further expansion and look forward to seeing the premises formally opened in the next few weeks. We are continually looking for new modern buildings within the area particularly at well located positions such as the Colmworth Business Park”.

New Greek café and delicatessen opens on Mill Road

Eddisons has confirmed the successful letting of a retail unit on Mill Road in Cambridge.

Eddisons was the sole agent under instruction on 32 Mill Road which has been let to an independent trader named Mill Mediterranean. The mid-terrace unit gives the new occupier 775 sq ft of accommodation over two floors with external seating and prominent display frontage onto Mill Road.

Filippos Papakonstantinou, owner of Mill Mediterranean commentated “We’re looking forward to bringing the flavours of Greece to Mill Road which is known as the multicultural centre of Cambridge. We have been looking for the right premises for a while and knew Mill Road was a perfect location for our brand. The local community is very supportive to independents and has a fantastic food and drink scene”

Mill Mediterranean is open from 8:00am to 8:00pm 7 days a week and will offer an array of freshly baked sweet and savoury goods, tea and freshly ground coffee.

Laurence Gercke of the Cambridge office of Eddisons led the marketing of the instruction.

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

Business growth prompts office move for children and young people’s care provider

Eddisons has completed the letting of an office suite in one of the city’s main arterial routes to a children and young people’s care provider, who are relocating from their current premises in Grantham.

24/7 Support UK Limited, which provides independent living support for young people in crisis, has taken a new 12-year lease on 81 Broadway in Peterborough to meet the growing demand for its service.

The two storey Victorian property comprises 1,215 sq ft of self-contained office space and benefits from a prominent frontage onto Broadway, allocated parking and kitchen facilities.

Nyasha Banhire, Director of 24/7 Support UK Limited, comments: “We support vulnerable children and young people in care, and due to our rapid expansion, we required new, larger headquarters.

Expanding our team of support workers will give us the resources to help more people children and young in need, and we’re aiming to recruit in and around the city.

The company is growing across the country and Peterborough is central. “

For more information regarding office premises in Peterborough, contact on Richard Jones or Julian Welch on 01733 897722.