Report a Fault 
Gadbrook Park goes ‘online’
Following the success of the first BID meeting for
If you want to know more about the website, log on to www.gadbrookpark.com or contact: Victoria.fifield@fifieldglyn.comTel: 01606 351 351.
Charles Fifield Elected UK Chairman of RICS matrics
Charles Fifield of Gadbrook Park based Surveyors, Fifield Glyn has got a busy few years ahead of him after being elected Chairman of RICS matrics UK Council, for which he had acted as Hon Secretary for 3 years. Charles was also Chairman of Greater Manchester for 2002/3.
Charles said ” I am honoured to have been elected as Chairman of RICS matrics. I have been involved in RICS matrics, and its predecessor the JO, since 1997 and I would strongly recommend all to get into contact with their Local RICS matrics group to take advantage of the networking opportunties/events it offers and to offer their assistance to help carry on the good work that it undertakes. RICS matrics not only organises networking events but is also at the heart of the Careers, Student Member strategy of RICS, trying to encourage more students to consider a career in Surveying.”
As part of his duties as RICS matrics Chairman he also sits on RICS International Governing Council and was a Trustee of LionHeart for 2006-2007, the benevolent fund for RICS members and their families. He will continue the RICS matrics “Under 35’s Raising £35,000” Appeal for LionHeart established in 2006, with the aim of completing it by 31 July 2008.
RICS matrics was formerly known as the Junior Organisation and covers all Chartered Surveyors aged 35 years and under as well as those training to become Chartered Surveyors, anyone wishing to find out more about Surveying should contact Charles Fifield at Fifield Glyn 01606 351351 or go to the RICS matrics website www.rics.org/matrics
‘Masterplan for Crewe Town Centre’
Masterplan for Crewe Town Centre
Crewe & Nantwich Borough Council have appointed Manchester based Urbed in conjunction with
TPM Landscape and Fifield Glyn, Chartered Surveyors, to produce a Masterplan for Crewe Town
Centre.
Their work, which is to be completed by October, will include evaluating the present
strengths and weaknesses of Crewe in relation to competing centres such as Chester and Hanley,
identifying development and investment opportunities and providing strategic advice for the
development of the town centre up to 2020.
The Masterplan will cover the prime retail centre and up to the station. The Urbed led consortium
will be consulting with local stakeholders as their plans evolve during the study period. They would
also welcome input and suggestions which should be emailed to andy@urbed.com or john.fifield@fifieldglyn.com.
‘No justification for rates on voids’
2007 Budget – Empty Property Rates,
(published in the Estates Gazette dated 14th April 200 written by Mr John Fifield, Chairman of Fifield Glyn)
I am very concerned about Empty Property Rates. The present position (up to 1 April 2008) is
that shops and offices have 3 months rates free after each occupation when unoccupied and are
then charged 50% of the rates. Industrial and warehouse property is completely rates free if it is
empty.
The new position will be that shops and offices will have 3 months rates free when unoccupied
then charged 100% rates. Industrial and warehouse property gets 6 months rates free then 100%
rates.
This is a vast increase in overhead and is probably the finest example of a stealth tax you will
find. Historically, empty properties were not charged rates but in the early 70’s Harry Hyam said
that he was deliberately keeping Centre Point in Central London empty until he found a single blue
chip tenant to take the entire building and each year it remained vacant he put the rent up. As far
as I am aware that is the only commercial building that has ever been kept empty on that basis
and it was extremely sad that a Conservative Government on a knee jerk reaction brought in
Empty Rates as a result.
There was no real justification for it then and there is no certainly no justification for what is now
proposed. It will add serious costs to businesses be they property investors or occupiers trying to
dispose of a building as they move elsewhere. It will be a severe deterrent to moving and it will
also be a deterrent to investors building speculatively, particularly in the poorer areas where commercial
property takes longer to let or sell. I suspect that the impact will reduce the investment value of commercial
property with the knock-on effects to Pension Funds, Stockmarket, etc and Banks who may well reduce their lending.
Most company borrowings are secured against their property.
Gordon Brown has said his new scheme will raise £900 million – I think the total cost to business could be many
times that enormous sum.
Farrier House leasehold interest sold to High Street Holdings Ltd
Farrier House, Farrier Street, Worcester
Farrier House leashold interest was sold at Barnett Ross’ September auction for a sum of £100,000 to High Street Holdings Ltd,
Fifield Glyn advised the vendors. The property comprises of a total of 2,268.5 sq m (24,422 sq ft) with twenty car parking space . It was previously let to Worcester City Council at a rent of £212,500 pa.
Fifield Glyn provides Sofresh acquisitions
Press Release
Fifield Glyn provides Sofresh acquisitions
Sofresh Limited, advised by Fifield Glyn Chartered Surveyors, have acquired 3 shops as part of their first stage of growth; Unit 4 Chorlton-cum-Hardy, 107 King Street Stretford and 19 Albert Road Widnes, comprising a total rent roll of £51,750.
Sofresh Limited is a fresh produce ‘farm shop’ style proposition offering high street shoppers today’s lunch, tonight’s dinner and fresh gifts. Further information can be found at www.sofresh.co.uk
Jamie Watson of Sofresh said “Working closely with us Fifield Glyn are helping to realise our plan to develop a regional chain of shops in locations that maximise our potential”.
Sofresh are continuing to look for further acquisitions in the North West. For further information please contact
Charles Fifield at Fifield Glyn
01606 351351 or log on to www.fifieldglyn.com
Hollywood Park, Aberavon Seafront, PortTalbot
Hollywood Park, Aberavon Seafront, PortTalbot
Work has started on the second phase of the Hollywood Park Leisure Development by Express Park Development Ltd. This will include a 20 lane, 20,000 square foot bowl building to be occupied by Bowling International ltd and a 3,200 square foot drive thru restaurant to be occupied by Burger King. The buildings are due to be completed by Summer 2007. The first phase of the scheme was a 6 screen Apollo Cinema. Works also include upgrading the Leisure Parks landscaping and signage and increasing the car parking provision to 389 parking spaces.
Marketing will start shortly for the final part of the development, which will be a 7,500 square foot family pub.
Fifield Glyn acted for Express Park.
For further details please contact Rod Welfare of Fifield Glyn.
Nelson’s Quarter – 63 High Street & Top Farm, Tarvin, Cheshire
Osborne Kinsey (a partnership between Osborne Investments Limited and Claim Farm Development Company Limited) have acquired these two properties extending to about 10,000 sq ft on a 1.08 acre site for around £2 million.
Osborne Kinsey have instructed the Ratcliff Partnership in Manchester to prepare a scheme to refurbish and extend the existing accommodation to provide a Convenience Store, Unit Shops, Cafe Bar, Offices fronting a pedestrian walkway linking High Street to a 70 space car park with direct access off the A54.
The development will be known as Nelson’s Quarter after Nelson Money Managers who occupied the site for many years and it is hoped a planning application will be made Spring 2007 with construction commencing Spring 2008 and completion Christmas 2008.
Fifield Glyn introduced the property to Osborne Kinsey and negotiated the acquisition and have been retained for the project management and letting of the development.
It’s a family affair!!
Gadbrook Park has a new addition to its marketing team, thanks to a new recruit to Chartered Surveyors Fifield Glyn – Victoria Fifield. Gadbrook Park has become one of the best known Business Parks in the North West due to its location, amenities and buildings and has been developed over 20 years by Osborne House and Vale Royal Borough Council.
John Fifield, Chairman of Fifield Glyn, is delighted to finally have all three of his children working in the business as both his sons, Edward and Charles, are already Directors of the company. John said ‘Victoria joining us means that we can focus fully on the development and marketing of Gadbrook Park throughout the North West’.
Fifield Glyn are not only one of letting agents for Gadbrook Park, but have a large range of services concerned with commercial property including purchase, disposal, leasing, rent reviews, arbitrations and investments to name but a few.
Following its 33rd birthday this year, the company has grown to 10 surveyors in total with three based in Westminster, London, allowing Fifield Glyn to work all over the UK and Channel Islands.
‘I am delighted with the prospect of developing the marketing of Gadbrook Park and building relationships with the current occupiers and Vale Royal Borough Council’ said Victoria. Victoria will also be responsible for promoting Fifield Glyn in both London and Cheshire, allowing her to fully immerse herself in the family business!
Unit A1, Millbrook Court, Middlewich, Cheshire
Osborne Investments purchased the long leasehold interest at Pugh & Co Auction at Manchester Airport on Wednesday, 19th July for £300,000.
The property comprises 5,738 sf accommodation including showroom together with mezzanine floor providing offices and store rooms with a Sui Generis retail use. Osborne Investments intend to refurbish and will be offering the property on a new lease at £35,000 pa.
Fifield Glyn acted for Osborne Investments in the purchase and have been appointed Project Managers and Letting Agents.
