Acting on behalf of a private Client, Fifield Glyn Chartered Surveyors, have negotiated terms for the reletting of a shop on the pedestrianised George Street in Altrincham to The Money Shop.  The company has taken a new 10 year Full Repairing and Insuring Lease of 64 George Street at a rent of £25,000 per annum.  Richard Smith of Fifield Glyn comments “Given the number of empty shops on George Street and the difficulties facing High Street retailers at the present time, this represents an excellent deal for our Clients in an extremely challenging market”.  The Money Shop were advised by Hynes & Co.

Commercial Development Projects have landed a double with two new occupiers at Admiral Court, Cheshire Business Park.    ITC Consulting and KBC Advanced Technologies Plc have both agreed five and ten year leases respectively on a further 8,000 sq ft in two separate transactions.  The quoting rental level for the scheme is £14.50 per sq ft and freehold prices are £150 per sq.ft.

 

These latest lettings have led to Admiral Court – the first speculative office phase of the Cheshire Business Park, which is being developed by Marshall CDP – becoming 50% let with other occupiers including CommsCare, K&L Freight and Elliot Packaging. An 80 bed Travelodge and Marston’s Pub have also recently opened on the Park. 

 

Richard Smith of joint letting agents, Fifield Glyn who acted jointly with Cushman and Wakefield for CDP comments: “Despite the challenging economic and general market conditions, we are continuing to experience a strong level of occupier demand in North Cheshire and these latest transactions are evidence of this. Cheshire is one of the most affluent counties in the country and many businesses in the region are continually looking to review their operational requirements for new premises. Admiral Court offers exceptional high quality office accommodation in an unrivalled environment, with excellent motorway links and the recent opening of the other amenity will only further compliment our offer.”

Edward Fifield (Director) and Ros Fifield (former Company Secretary) raised over £2,000 during 2011 for the Neuro Muscular Centre, which is one of Fifield Glyn’s chosen charities.
Edward took part in the June 2011 Cholmondeley Castle Triathlon raising £1,750 (pictured in the centre) and Ros Fifield raised £350 dressed in Hawaiian theme at a horse show in August 2011.

Chester based Denton Clark Rentals have opened their second office on Gadbrook Park, Northwich. The 220 sqft (20.4 sqm) office with 2 car spaces is on a 12 month all inclusive licence. Victoria Mead of Fifield Glyn advised Osborne House in connection with the letting. For more information on Denton Clark Rentals – www.northwichlettingagents.co.uk

Fifield Glyn would like to wish everyone a Merry Christmas and a Happy New Year. Fifield Glyn has donated to the Neuro Muscular Centre, Cheshire this year in lieu of sending Christmas Cards.

   

Following a competitive tender process, Pochin Developments Limited have been appointed to develop the UK headquarters office building for Tata Chemicals Europe in Northwich.  Pochin Developments Limited have secured development funding from the Royal Bank of Scotland to finance the new headquarters to be built for Tata alongside their Winnington complex which will be subject to a 25 year lease.

 

 Planning permission for the 1,672sq.m. (18,000sq.ft.) high quality offices with parking for 100 cars has been secured and Pochin Developments sister company, Pochin Construction Limited will build the offices.  Work is expected to start on site in the next few weeks.

 

Stephen Isaacs, RBS Relationship Director, said: “This is a prestigious development and once complete it will provide Tata’s employees with an office working environment of the highest standard.  We are very happy to provide Pochins with the financial support they need to undertake this project.” 

 

 

Martin Ashcroft, MD of Tata Chemicals Europe, said “I am delighted that we can now proceed to create a new head office in Winnington as a sign of our continued commitment to centring our business in Middlewich and Northwich. This is an exciting time for our business; having recently acquired British Salt and re-branded as Tata Chemicals Europe. Now we will have a new office built to the latest environmental standards as well as developing a project demonstrating the use of zero carbon heating via process waste heat which forms  an important part our wider carbon emission reduction plans .”

 

Bob Nicholson, Head of Property Development at Pochin Developments Limited comments: “We are delighted with Royal Bank of Scotland’s continued support of Pochin Developments in financing this prestigious project.  Our experienced project team has engaged extensively with the client and stakeholders to ensure that the design and ultimately the completed building, is of the highest quality, sustainable and energy efficient.  The design incorporates several unique principles for example, heating is provided solely by waste heat from the adjacent manufacturing facilities, permeable surfaces and rainwater harvesting will also virtually remove surface water run off.”

 

Richard Smith, Director of Chartered Surveyors, Fifield Glyn, who has advised Tata Chemicals Europe from the outset said “Everyone is pleased to welcome Pochin as Tata’s Preferred Developer and this deal represents the culmination of a lot of hard work by all the parties. Tata Chemicals Europe can now look forward to the development of a new Head Office that will meet their brief for a sustainable building that forms part of their wider business objective of carbon emissions reduction”

 

Geoff Hope-Terry of The Weaver Valley Partnership said: “This area has a lot of innovative people and some great companies and this project shows what can happen when the various elements come together.  As well as introducing some exciting design ‘firsts’ into the structure, it’s also good news for local jobs, both within the construction sector and for the on-going position at Tata.  My congratulations go to everyone involved.”

Fifield Glyn have formed an association with APC London Limited to promote the firm’s services in New Delhi. Sameer Ahuja of APC London Limited based in New Delhi says “I have an increasing number of Indian clients looking to invest in the UK particularly in Central London high value residential properties.  Fifield Glyn have considerable contacts with such property owners through their block management business from their Mayfair base in Carlos Place opposite the Connaught Hotel. I believe that they can provide the sort of service my clients are looking for and I am very pleased to have entered into an association with them.”

Chairman, John Fifield and his wife, Ros made a short visit to New Delhi at the beginning of October to meet with some of APC’s clients and to look at the development prospects in New Delhi which might appeal to Fifield Glyn’s developer clients. John said “New Delhi is a fast-expanding market with a huge development programme in both commercial and residential properties to meet the very strong local and international market for the nation’s capital city. New Delhi’s population is 21.72 million and is scheduled to grow to 30 million by 2021. I have no doubt that there will be some great opportunities for UK developers and investors over the next few years.”

Ros and John Fifield are pictured in front of the Taj Mahal at Agra, some 150 miles from New Delhi, which they managed to visit during their brief trip.

For further information please contact: john.fifield@fifieldglyn.com

Comms-care, the leading provider of channel network and server support solutions, has chosen Cheshire Business Park to relocate their Head Offices from Crewe.  The company has acquired two detached brand new office buildings totalling 13,000 sq.ft. on Admiral Court, Commercial Development Projects’ 57,000 sq.ft. speculative office development forming part of Cheshire Business Park near Lostock Gralam, Northwich.  Comms-care has taken Leases on Numbers 3 and 4 Admiral Court for Terms of 10 years incorporating Rent Reviews at the end of the 5^th year of the Term and Tenant Break Clauses at the end of the 7^th year at Initial Rentals equating to £14.50 psf.

 

This deal represents further activity on the Park which, in recent months, has seen the completion of a new 55-bed Travelodge, Marston’s Pub and the sale of 9½ acres to a residential developer to provide approximately 160 dwellings.  Richard Smith of Fifield Glyn advised Commercial Development Projects in connection with the letting to Comms-care.  Joint agents were Cushman & Wakefield.

Fifield Glyn has kindly sponsored polo shirts for the Staff of Northwich Multi-Sports Club. The Club, run by volunteers, is for disabled children and their carers held on Saturday mornings at the Northwich Youth Centre. The Club provides a safe place where Children with both physical and learning disabilities can make friends, enjoy sport, art and take part in activities which they would otherwise not be able to access due to the amount of support and care they need.

For further information on the Club check out www.multisports-northwich.co.uk

 

Roberts Bakery Invite you to a charity ball in aid of The Genesis Breast Cancer Prevention Appeal

Join Roberts Bakery for an evening of dinner, dancing and live music at the beautiful Cranage Hall in Cheshire to raise funds for a fabulous cause. Entertaining the evening will be the renowned singer Cole Page, who will delight all with a selection of swing classics.

Saturday 24 September 2011, Cranage Hall, Holmes Chapel, Cheshire

Drinks reception 7pm, with dinner at 7.30pm & carriages at midnight. Dress: Black tie

Tickets £55 per person, Tables of 10 at £500

BOOK YOUR PLACES BY CALLING 01606 41122

www.robertsbakery.co.uk

Download invitation