Bromwich Hardy

WORK PROGRESSING WELL AT EARLSDON PARK OFFICES Work is progressing very well at Earlsdon Park, creating Grade A offices within the imposing former Technical College.
Already home to The Department for Education, Premier Inn and NASBM, the rest of the building is being transformed to create office suites of 3,487 sq ft to 36,145 sq ft, which will have been fully refurbished to include all new M&E, raised floors, suspended ceilings and generous on-site parking.
... Tom Bromwich comments
" It is fantastic to see work having started at Earlsdon Park, under the new owners , Clearbell and xlb Property. We already have strong interest in the new office space which is one of the only available Grade A office buildings available in the City Centre."
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39,900 SQ FT GRADE A OFFICE AT TACHBROOK PARK AVAILABLE NOWBromwich Hardy and Avison Young are marketing plot 1600 at Tachbrook Park
Following on from site 1000, which has recently seen 60,000 sq ft presold to Tata Technologies Ltd for their new £16 million office headquarters, site 1600 has detailed planning permission for 39,900 sq ft and is ready to go.
The site is located off Plato Close, Tachbrook Park, Warwick in close proximity to occupiers including AC Lloyd, Calor Ga...s, Co-operative Energy, JLR, Milward Brown and Tata Consultancy Services. There is a Holiday Inn hotel close by on the Park.
The site has detailed planning consent for a 39,900 sq ft (NIA) office building with B1 use on a site of 2.4 acres. The office building is set out over three storeys with 230 parking spaces at a ratio of 1:168 sq ft.
Tom Bromwich comments
"This is the only opportunity of it's kind currently in Warwick District, with a detailed planning consent for an office of this size. Our clients, A C Lloyd Group, are able to deliver the building very quickly once occupational terms have been agreed"
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BROMWICH HARDY WIN NEW MANAGEMENT INSTRUCTION AT CENTROVELL Bromwich Hardy have been appointed as managing agents for Centrovell Trading Estate, Caldwell Road, Nuneaton.
Following the recent acquisition of the estate by clients The Wigley Group, the day to day service charge administration and its management has been awarded to Bromwich Hardy.
... Tom Bromwich comments
" The Wigley Group have been particularly acquisitive over the last six months and we are delighted to have been instructed on Centrovell Trading Estate. This fits well with our other instructions in Nuneaton, including Eden Business Park and Elliott Business Park"
James Davies, Director of The Wigley Group adds
" This is an important acquisition for us, and we are pleased that Tom and his team will be looking after this asset, jointly with our in house FM Team, in addition to the other Estates they manage on our behalf."
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WORK NEARING COMPLETION AT SHIPSTON BUSINESS VILLAGE Work is progressing well and on time at Business Village's brand new development at Shipston.
The 6 Industrial units are due for completion in March and 4 have already been sold with strong interest in the remaining 2. Occupiers will be joining BPS and Paul Carr Racing on the successful development and one further plot remains for larger design and build opportunities.
... Tony Gaymond, Director of Business Village comments
" We are very pleased with how this latest project has gone. To have pre-sold 4 of the units during construction is a testament to our belief in the market and our commitment to building high quality commercial buildings."
Tom Bromwich adds
" The development has been very well received in the market and we are confident that the remaining 2 units will be sold shortly. It is great that our clients have reacted to market demand and got on and built speculatively."
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BROMWICH HARDY ACT FOR MUCKLOW AT TRITON PARK Mucklow Plc have recently let Unit 7 Triton Park , Rugby to CTI Balloons. Their parent company CTI Industries is based in Chicago, USA and has been manufacturing balloons for every occasion since 1977.
Rugby is their UK headquarters and 7 Triton Park provides 8,958 sq ft of modern Warehouse accommodation.
... Bromwich Hardy acted jointly with Drake Commercial on behalf of Mucklow Plc
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NEW COVENTRY TRADE PARK ATTRACTS TWO MAJOR TENANTS AND CREATES 40 JOBS
A new business and trade park has been developed in Coventry attracting two major retailers and creating 40 jobs.
Vantage Park, just off the A444 near the existing Gallagher Retail Park, has reached practical completion and secured another major tenant.
... The brand new business park has been developed by The Wigley Group and features four units from 4,000 sq ft to 12,000 sq ft.
F1Autocentres has announced it will occupy new 5,000 sq ft premises at the site creating 20 jobs.
The leading autocentre group is currently undergoing rapid expansion having recently opened branches in Clacton-on-Sea, Reading, Chichester, Cannock and St Albans.
Magnet, the UK’s biggest kitchen retailer, has already started to fit out its 12,000 sq ft premises and will open its new flagship store incorporating a kitchen showroom, trade counter, warehouse and offices, in August.
The two remaining 4,000 sq ft units are available through Coventry-based commercial property agent Bromwich Hardy and JLL, which has an office in Birmingham.
James Davies, director at The Wigley Group which is located at Cobalt Centre, in Siskin Parkway East, said: “We are delighted to have attracted two major retailers to the new Vantage Park development.
“The new business park offers much sought-after, high-quality industrial and warehouse space perfect for firms offering trade products and services to the public.
“We have already handed over the keys to two of the units and are looking forward to seeing F1Autocentres and Magnet opening stores at the site later this year.
“The old Alfred Herbert works area has undergone considerable regeneration over the last few years including improvements to the A444 which has transformed links to the north of the city.
“Vantage Park will help to strengthen the areas offering and we are confident that the two remaining units will receive significant interest from prospective tenants.”
The new trade park is the latest of several developments in the area from The Wigley Group.
It created a new northern hub for Royal Mail and sold land to Lidl for a new store, while the Signal Box pub was opened in the summer, all off the A444 between the Gallagher Retail Park and Foleshill Road roundabouts.
For further information on opportunities at Vantage Park contact James Brookes on 02476 308902
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NEW LETTING AT MIDDLEMARCH BUSINESS PARK
Bromwich Hardy have recently let 2E at 4020 , Middlemarch Business Park on behalf of private client DCS452 Ltd.
The unit has been let to GV Multi-media,an award-winning AV solutions provider. They have over 30 years of experience in the audio-visual industry and have branches covering the country.
... Tom Bromwich comments
" We are delighted to have secured this letting at Middlemarch. 4020 is a quality development and the enhancement of the Tollbar Island has improved the location aswell"
For further information on 4020 contact Tom Bromwich 02476 308901
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BROMWICH HARDY ADVISE ON COVENTRY SALE TO CLEARBELL/XLB
Bromwich Hardy have acted as joint agents in agreeing a sale to a fund managed by Clearbell Capital which has completed its acquisition of Earlsdon Park, Coventry, from the receivers to MCD (Coventry) Ltd. Earlsdon Park is a mixed-use scheme which comprises 100,000 sq ft of offices, 8,000 sq ft of retail, a 100 room hotel, a 620 seat theatre and 476 car parking spaces.
... The site is located 0.6 miles from Coventry town centre and near to J2 and J3 of the M6 and J15 of the M40, giving the site direct access from both the North and South of England.
Earlsdon Park is 62% occupied by four tenants: the Department for Education, Premier Inn, The Albany Theatre and the National Association of School Business Management. The asset generates rental income of £1.6m pa, with an average rent of £18 per sq ft across the office element. The acquisition represents an initial yield of 6.9%.
Clearbell said that for the six-months to the end of Q1 2015, the demand for office space in Coventry increased by 20% from the previous six-months.
Rob West, Partner at Clearbell Capital, said: “Clearbell has an established track record of generating high returns via intensive asset management and well-executed development projects. Earlsdon Park has real potential in both respects. Coventry has just 60,000 sq ft of grade A office availability and growing demand led by the growth of the automotive industry, the excellence of Warwick University and rail and road connectivity.”
Clearbell was advised by XLB, who will be retained going forward with Savills. BNP Paribas and Bromwich Hardy advised the receivers.
Bromwich Hardy will be retained with Savills as joint letting agents for the scheme.
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CENTRAL CITY TAKES OFF WITH NEW LETTING
Following their recent purchase of Central City Industrial Estate in Coventry, Grafton Associates Ltd, are delighted to announce that they have let Units 1 and 2 to a national trade counter operator. The two units were formerly occupied by Autoglass and this new letting firmly establishes Central City as a trade park location and sets an increased rental tone.
Charles Lochrane, Director of Grafton Associates Ltd comments
... “ Since our acquisition of Central City we have worked hard to enhance the development and this recent letting at the entrance to the estate is a real coup. We look forward to continuing our asset management strategy for development and welcoming new occupiers “
Tom Bromwich of joint letting agent Bromwich Hardy adds
“ This letting underlines the strengthening occupational market for commercial property and the proven location of Central City. We are pleased to have achieved rental growth for our client and look forward to continued letting activity “
Central City Industrial Estate is ideally located off the A444 with easy access to the M6, M1 and M42 motorways. For further information on available units contact the joint letting agents Bromwich Hardy 02476 308900 or Shortland Penn + Moore 02476 232970
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COMMERCIAL OCCUPANCY HITS 96% FOR WIGLEY GROUP
A Coventry property, risk and facilities management company has witnessed a substantial uptake in commercial stock with occupancy levels rising to 96 per cent.
The Wigley Group, which owns and manages several business and industrial parks across the Midlands, has let around 200,000 sq ft of space across 10 different lettings through Coventry-based commercial property agent Bromwich Hardy.
... The deals, completed over the last 12 months, signal the returning strength of the Coventry commercial property market, bringing fresh inward investment to the area.
The largest transaction for The Wigley Group included the letting of 88,000 sq ft premises, located off John Wigley Way in Foleshill, Coventry, to London-based recycling and haulage firm Dancebuy.
James Davies, director at The Wigley Group which is based at The Cobalt Centre in Siskin Parkway East, said: “We are very pleased to have witnessed a hive of activity over the last 12 months with substantial demand for high-quality office and warehouse premises.
“Henley Park Industrial Estate has become a hub for large international companies looking to open in the UK with both Atlantic Fluid Tech and Interserve Fire Services able to expand at the site.
“We are now looking at a range of development opportunities after occupation levels rose from 73 per cent to 96 per cent and have outlined plans to build additional warehouse premises at Henley Park in the next year.”
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BROMWICH HARDY EXPANSION
30th June 2015
Bromwich Hardy has welcomed two new members to their team.
... Michelle Pearson has joined to provide an administration role and support for the whole office. Michelle has been a legal secretary for over 15 years and during that time has worked within commercial property and agricultural property departments. Michelle has also studied for her legal executive qualification and is now looking forward to using what she has learnt during this time within the team at Bromwich Hardy being a busy commercial environment.
Richard Sidaway has arrived as a graduate surveyor, assisting both the agency and management teams. Richard has been working in property/surveying for 4 years and is in his final year of BSc Hons Real Estate degree at Birmingham City University. He was 1st XV Rugby Captain at Princethorpe College.
Tom Bromwich comments
” We are delighted to welcome Michelle and Richard to the team following an extremely busy six months. Both have an important role to play in our continued success”
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BROMWICH HARDY ACT FOR MUCKLOW PLC
Bromwich Hardy have recently acted on behalf of Mucklow Plc in the letting of unit 2 3040, Middlemarch Business Park, Coventry. The building comprises 26,228 sq ft and has been let on a new 15 year lease to Grupo Antolin
For further information on Commercial Property Agency services offered by Bromwich Hardy contact Tom Bromwich 02476 308900

MAJOR SITE BROUGHT TO MARKET
A leading business park and development site in South Warwickshire has been placed on the market. The Clearwater Business Park, just outside Southam, has been developed over the last 10 years by businessman Roger Allen, managing director of the Clearwater Group. The group developed ground-breaking water recovery technology in 2012 after 30 years of working with aerospace and automotive manufacturers separating paint and many other process fluids. ... And now, in light of rising water costs, the firm, which was founded in 1981, has developed technology to aid the long-term development of water recovery in residential and commercial applications. Its headquarters is just one of three buildings on the 6.7 acre site on the Welsh Road at Southam, while there is consent to develop two more industrial and office units each of 7,500 sq ft. Allen, who owns several companies across the UK, said the sale had been brought about by the changing work patters in the business and the need to grow. He said: “All businesses evolve and as Clearwater and the services we provide have developed, we have found ourselves based out of our client’s premises right across the UK so the need for a larger unit has lessened. “We see considerable growth in our commercial, industrial and residential operations, but the pattern of our work has changed. “But we have developed Clearwater Business Park over the last decade to a very high quality and it offers a very good opportunity for a property or investment firm. Not only is there a well-established tenant, but there is a newly-completed building which can be let as a whole or two self-contained units. “We have consent for two further buildings and there is plenty of space for potential expansion. What drew us to the site – its potential, location, parking, ease of travel and great connections – are exactly the qualities which we believe will appeal to potential purchasers.” Clearwater Park is being marketed by Bromwich Hardy and Boston Fieldgate for £2.35 million. Charles Smith, of Boston Fieldgate, added: “Clearwater has done a very good job in developing this site and it still has great potential for further development and we are expecting considerable interest. “It is unusual to find such a high-quality development with growth potential in a lovely rural location yet so well connected.” For more information contact Tom Bromwich of Bromwich Hardy on 02476 308901 or Charles Smith of Boston Fieldgate on 01926 852199. Left to right: Glyn Cadwallader (Site Manager), Charles Smith (Boston Fieldgate), Roger Allen (Clearwater Group), Lianne Bishop (Company Secretary, Clearwater Group), Tom Bromwich (Bromwich Hardy).
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DEVELOPMENT SITE AVAILABLE IN KENILWORTH
Bromwich Hardy are marketing a residential development site in Kenilworth . Located in the town centre this is a superb opportunity to build a quality residential environment.
For further information contact Tom Bromwich 02476 308900

BROMWICH HARDY USE CUTTING EDGE PHOTOGRAPHY
Bromwich Hardy have been using the latest Drone technology to get cutting edge high level photography , enabling entire sites to be photographed .
The quality of the pictures is superb and we will be rolling out for clients this year.

BROMWICH HARDY SELL KETTERING SITE
5th June 2015
28th June 001... Acting on behalf of Volvo Group UK Limited Bromwich Hardy has successfully sold the freehold of Volvos former site in Kettering and which totalled about 35,000 sq ft of workshop buildings on 3.2 acres. The purchasers are Wigley Contracts (Barby) Limited who have in turn let the majority of the buildings to Weee Environmental GB Limited who are a specialist electrical and electronic waste recycling company.

Volvo have moved to a new state of the art workshop facility at Wellingborough with Bromwich Hardy acquiring the freehold of the site on their behalf.
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