Eddisons plays its part in Louth’s new Lounge living scene

Alfredo Lounge, Louth

Eddisons has played its part in the revival of a Listed landmark in the Lincolnshire market town of Louth, which has been given a new lease of life as a food & leisure destination in the town by its new occupiers.

Loungers plc, the café/bar group, has recently opened its Alfredo Lounge in Louth in the former Eve & Ranshaw department store at 1 Market Place in the town centre following the conclusion of a deal in which Eddisons’ Lincoln team – formerly Banks Long & Co – acted as letting agent on behalf of the landlord, as well as development consultant for the refurbishment project.

The Alfredo Lounge in Louth is one of 35 new openings that Loungers plc is planning in the financial year, with the leisure group operator identifying Louth as a target location suited to its Lounge brand due to the strong immediate catchment area and existing retail offer.

Alfredo Lounge, Louth

The group had considered a number of property options in the town but secured the 1 Market Place premises through Eddisons when it became available after the closure of the Eve & Ranshaw department store in February 2023.

According to Eddisons and Loungers plc, historic features of the property which dates from the late 18th Century – such as the original staircase, fireplaces and cornicing & skirting details – have been retained as key features in the re-purposing of the building for its new modern dining and socialising use.

Speaking at the launch of the Alfredo Lounge in Louth, Gemma Irwin, Community Manager at Loungers, said, “As a brand, our Lounges strive to put community at the heart of hospitality and we aim to be a neighbourhood café/bar combining elements of coffee shop culture, the British pub and a good dining experience.

“Our sites are characterised by informal, unique interiors with an emphasis on a warm, comfortable atmosphere. Our new Louth location and premises perfectly complement the Lounge brand spirit.”

Tim Bradford, Director, Eddisons, added, “It’s a real testament to the drive and commitment of all parties involved that the deal and refurbishment project have come together so swiftly to ensure the continued commercial use of this fine, landmark Louth building which first opened its doors for trading in 1781.

For any press queries, please contact Tim Bradford on 01522 544515 or at [email protected].

Central Cambridge retail with residential presents a lot to let

Eddisons is the sole agent under instruction on a property letting in central Cambridge that has a lot to unpack by potential new tenants.

At 21-21A Victoria Road, between Mitcham’s Corner and the junction of Huntingdon Road & Histon Road, the three storey terraced property offers a ground floor retail offer, a maisonette with garden, two allocated parking spaces and a large garage.

Fronting on to Victoria Road, the retail offer is currently fitted out as a barber’s salon, and is 845 sq ft (78.47 sq m) including basement storage space, kitchen & WC cloakroom.

The one-bedroom maisonette has separate ground floor access and accommodation of a downstairs lobby, with living room, kitchen, bedroom & bathroom across the first & second floors. The residential element totals 506 sq ft (47.12 sq m).

According to the agent, the additional attraction of the property – particularly in this part of central Cambridge – is to the rear of the building and accessed via a nearby road: two allocated car parking spaces, a large garage and an outdoor area currently laid out as a covered, seated patio.

Just launched to the market and available to occupy from January next year, Eddisons confirms its agents are gearing up to expect serious interest in 21-21A Victoria Road in encouraging enquirers to register interest as soon as possible this autumn.

Viewing of 21-21A Victoria Road, Cambridge, is strictly by appointment through Eddisons as the sole agent.

To arrange a viewing or for more information, contact Oliver Brittain or Joe Berry at Eddisons in Cambridge, 01223 467155 or through eddisons.com.

Lincoln office looks to the future with trio of new hires

(L-R) Ashley Humphrey, Jacob Hage, and Jasper Nilsson

 

The Lincoln office of Eddisons incorporating Banks Long & Co has announced a trio of new appointments this autumn.

Jasper Nilsson has been recruited to the role of Graduate Surveyor and joins from Frasers Group where he was a trainee commercial manager.

He brings retail & leisure sector experience to the firm’s property agency offer in the region.

The second new appointment is Ashley Humphrey. He joins as a Property Management Surveyor, making the move to the commercial property sector after seven years’ in residential lettings with a focus on property management.

Ashley will, initially, work across a range of commercial property disciplines with a view to specialising in the future on attaining the RICS accreditation he is studying for with the backing of the firm.

The final new appointment announced this autumn is Jacob Hage who joins the office for the third of a four-year BSc honours degree course in Building Surveying at Nottingham Trent University.

The Lincoln office has a track record of offering student placement opportunities and it is, according to Tim Bradford, Director, Eddisons incorporating Banks Long & Co, one of which the firm is proud.

In welcoming the new recruits, Tim Bradford said, “All three add something fresh to the firm’s offer in the region.

“We strive to attract new young talent to the business, so we are pleased to have secured these three new recruits who are the up & coming generation of property professionals.”

The changing shape of Greater Cambridge’s new industry

A rigorous discussion about the scale, nature & regional reach of Cambridge’s industrial future was at the centre of seminar discussions at Fitzwilliam College earlier this week.

Organised by the Cambridgeshire Development Forum with Endurance Estates, over 60 professionals from the private & public sector came together to consider the future industrial profile of the area.

Eddisons’ Ben Green was one of the members of the panel sharing on-the-ground experiences and answering questions from the audience.

From the presentation & subsequent Q&A session, it became clear that there were fundamental barriers to future and, indeed, current development in the industrial sector.

Poor transport & utility infrastructure capacity, combined with local land use allocations based on an outdated perception of ‘industrial’ operations are contributing to significant suppressed demand in the sector which has built up during the past decade.

What also needs to be addressed is the redefinition of ‘Greater Cambridge’ beyond the limits of its historical geographical boundaries.

As Lord Andrew Lansley, Chairman of Cambridgeshire Development Forum, pointed out to all in the room, the formation of the Government-backed Cambridge Delivery Group – announced in the summer by the Secretary of State for Levelling Up, Housing & Communities – provides a vehicle for commercial interests & local policy makers to help shape the new industrial profile of the regional economy.

Labs and offices to let in Cambridge village R&D location

Eddisons is the sole agent on laboratory & office accommodation to let in the South Cambridgeshire village of Bourn, eight miles west of Cambridge.

Available immediately and on flexible terms, the 418 sq m (4.504 sq ft) of available space is on the first floor of a modern, purpose built research facility called the Bertarelli Building.

In combination, the business space to let offers laboratory, office and break-out meeting space as well as a more formal boardroom. Other accommodation features are a kitchen, a lift and air conditioning & air handling.

The security of the building is met by CCTV and door entry arrangements.

The premises are set within 22 acres of parkland and are offered to let with ample parking.

According to Eddisons, the first floor of the Bertarelli Building would suit a research-based company seeking a campus-style environment in a leafy setting.

To add to its appeal is proximity to the amenities of an established village but with convenient access to Cambridge city and other high profile scientific campuses located around South Cambridgeshire.

Viewing of the first floor accommodation of the Bertarelli Building is strictly by appointment through Eddisons as the sole agent.

For more information or to arrange a viewing, contact Ben Green at Eddisons in Cambridge, tel 01223 467155 or through eddisons.com.

Freehold with vacant possession in town’s established industrial location

The freehold of two storey premises with offices on Depot Road in Newmarket is the latest industrial instruction represented by Eddisons’ Cambridge office.

Offered with vacant possession for £550,000, Beechwood House is a detached, two storey building of 725.48 sq m (7,809 sq ft), on a self-contained site of 0.18 hectares (0.45 acres), approximately.

On the ground floor there is warehouse & office space with a front office and trade counter layout to a net area of 598.99 sq m (6,448 sq ft).

The first floor has offices of 126.46 sq m (1,361 sq ft).There is a gated yard to the side & rear and ample parking.

Depot Road is one of Newmarket’s established industrial locations off the town’s Exning Road commercial district.  It is under one mile from the town centre and the same distance from Junction 37 of the A14.

Onward transport connections link with Stansted airport and the M11 in one direction and the East Coast ports and Cambridge in opposite directions on the A14.

Viewing of Beechwood House, Depot Road, Newmarket is strictly by appointment with Eddisons as the sole agent.

For more information or to arrange a viewing, contact Ben Green at Eddisons in Cambridge, tel 01223 467155 or through eddisons.com.

Freeholds available on latest phase of Yaxley industrial scheme

September sees our Peterborough office launch the latest industrial units for freehold sale at Enterprise Park in Yaxley.

Enterprise Park is adjacent to Eagle Business Park, the modern 30 plus acre trade counter, industrial unit & showroom development where occupiers include Howdens & Screwfix.

Now under construction, and with completion scheduled for Spring 2024, the 11 units just released for freehold sale are on Trent Way and Eden Way on the latest phase of Enterprise Park, a new industrial/warehouse development on Broadway.

Over 32 units are already completed on the Enterprise Park scheme.

The units launched to market this September are terraced and arranged in a courtyard formation with reserved car parking. They range in size from 1,225 sq ft to 2,080 sq ft (114 sq m to 193 sq m) and freehold sale prices start at £226,000.

Being built to new insulation standards, the units are of steel portal frame, have 6 metre eave heights, LED lighting and electric loading doors.

Eddisons are acting as joint agents with Savills on behalf of the developer, Broadway Developments Yaxley Ltd. Barnack Estates UK Ltd is the main contractor at Enterprise Park.

According to the agents, both companies have ‘solid track records in delivering quality commercial accommodation’.

Over the past 15 years, the contractor has built over 300 industrial, office and showroom units across Cambridgeshire.

Enterprise Business Park is three miles from Junction 16 of the A1(M), known locally as ‘Norman Cross’, and has onward access via Peterborough’s Parkway system to the historic city centre two miles north east of the development, approximately.

For more information about the forthcoming units at Welbeck Way, Fletton, Peterborough, contact, contact Gavin Hynes at Eddisons in the city 01733 897722, [email protected] or Ed Gee at Savills 01733 344414, [email protected].

Office/R&D premises to let in South Cambs village location

A self-contained office premises in the South Cambridgeshire village of Toft is available to let on flexible terms through Eddisons’ Cambridge office.

Acting as the sole agent under instruction, Eddisons advises that the two storey premises of Building 5 at Old Farm Business Centre would suit mainstream office or R&D use and are available to let as a whole or the ground floor only.

Laid mainly to open plan, the total accommodation is 2,010 sq ft (186.7 sq m) with the ground floor offering 1,194 sq ft (110.9 sq m).

The premises have good natural light and are set in landscaped grounds with allocated car parking. There is an outdoor break out space for communal use by the occupiers at the Business Centre.

Old Farm Business Centre is 6 miles west of Cambridge and 4 miles from the M11.

On the corner of Church Road and Comberton Road, Toft, it is close to the village high street amenities including a general convenience store and Post Office.

According to the agent, Old Farm Business Centre attracts occupiers who prefer the vibe of a South Cambridgeshire village location in the quality of offer to employees when it comes to landscaped settings and commuting as opposed to denser, more high profile central Cambridge locations.

Eddisons adds that the premises are in the kind of quiet setting that will suit an occupier with a business operation that requires a low key, unobtrusive setting.

Viewing of the premises to let at Building 5, Old Farm Business Centre, Toft is strictly by appointment through Eddisons as the sole agent.

To arrange a viewing or for more information, contact Oliver Brittain at Eddisons in Cambridge, 01223 467155 or through eddisons.com.

Office suite to let in central Cambourne location

Eddisons’ Cambridge office is the sole agent under instruction on an office suite in central Cambourne – available to let immediately and on flexible terms.

The 1,636 sq ft (152 sq m) office suite, Unit 6, is on the first floor of Caxton House, a mixed use retail & office parade on Broad Street at the junction of School Lane and High Street in Cambourne.

With a high quality specification, the office accommodation is mainly open plan but there is partial subdivision providing opportunities for a meeting room or additional, more private, office space.

Developed in the 1990s as the first of Cambridge’s new settlements in the modern era, Cambourne is now an established residential and business location in South Cambridgeshire.

Other occupiers in the Caxton House parade include Connells estate agency, Domino’s Pizza and Ladbrokes, with Morrisons supermarket opposite.

Behind Caxton House is the Cambourne Eco Park and a Wildlife Trust nature reserve.

Viewing of the office suite at Unit 6, Caxton House, Broad Street, Cambourne is strictly by appointment through Eddisons as the sole agent.

To arrange a viewing or for more information, contact Oliver Brittain or Joe Berry at Eddisons in Cambridge, 01223 467155 or through eddisons.com.

Eddisons appointed as agent on new-build industrial scheme in Peterborough

Eddisons has been appointed as the sole agent for a new-build industrial scheme in Peterborough following planning consent in August.

Welbeck Court in the Woodston commercial district is the latest development in the city by Barnack Estates UK Ltd and will consist of 10 high specification light industrial/business units in sizes ranging from 1,300 to 6,580 sq ft.

Eddisons has acted on behalf of the developer on a number of schemes across the eastern region including the high profile Eagle Business Park in Yaxley and, currently, at Enterprise Park in Yaxley as well as Vision Business Park, near Biggleswade, Bedfordshire.

Image courtesy of Barnack Estates UK Ltd

 

Work on site at Welbeck Way is already underway, with the units estimated to be ready for occupation by Spring 2024.

Eddisons confirms that initial enquiries are already being handled by its Peterborough office, with interest already higher than expected.

For more information about the forthcoming units at Welbeck Way, Woodston, Peterborough, contact Gavin Hynes at Eddisons on 01733 897722, [email protected] or through eddisons.com.