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Bulleys management department expandsBulleys has recruited a property expert with two decades experience from a regional agent. Jason Morris has joined the leading commercial property specialist as a management surveyor after spending 21 years with Lex Allan, where his last role was lettings director. His new job at Bulleys involves the day-to-day running of industrial estates, retail parks and offices that the Wolverhampton-based firm manages on behalf of its clients. Steve Perriton, a partner..
Top DIY tools specialist helps to fill Wolverhampton trading estateA DIY and construction tools rental specialist has opened a branch with six new jobs at a refurbished Wolverhampton trading estate, thanks to a successful marketing campaign by Bulleys. The deal with Hire Station means frontages at the Wulfrun Trading Estate are now fully occupied with a range of other top builders, hardware and DIY brands already in place. The other trade counter brands that have taken units at the Stafford Road site include Selco Builders..
Flatpack furniture specialist moves 100 staff to historic aerospace site, helped by BulleysOne of the UK’s largest independent importers and wholesalers of flat pack furniture has expanded into an historic Wolverhampton building, in a deal arranged by chartered surveyors Bulleys. Seconique paid an undisclosed sum to purchase the 450,000 sq ft building off Wobaston Road for its headquarters, warehouse and trade showroom, housing around 100 staff. The building used to house the Boulton Paul Aircraft company – manufacturers of the World..
Engineering supply group moves 20 jobs into new Halesowen base, thanks to BulleysA West Midlands based distributor of specialist engineering products has moved 20 jobs into a 14,000 sq ft industrial unit in Halesowen, in a deal sealed by Bulleys. The leading commercial property specialist has attracted Hayley Fluid Power to take the last available unit on the Forge Trading Estate, on Mucklow Hill. The expanding division is part of the national Hayley Group, distributing hydraulic and pneumatic components, as well as providing related products..
Bulleys helps recruitment agency expand into new baseA fast-growing industrial recruitment agency has moved into a new and bigger base in the Black Country, in a deal sealed by Bulleys. The leading commercial property specialist has attracted Interact Recruitment Solutions Ltd to take an office on the Coneygre Industrial Estate, off Birmingham New Road in Tipton. Interact, which specialises in supplying labour on a temporary or permanent basis for the industrial sector, is moving from its previous base in Dudley..
Bulleys rewards loyalty and hard work with three promotionsBulleys, the leading Black Country commercial property consultancy, has made three promotions in its agency and property management teams. James Bird, who has been with Bulleys for 12 years, has been promoted to senior associate in the agency department. Max Shelley, who joined Bulleys six years ago, is promoted to associate. Richard Brookes, who joined Bulleys’ property management team five years ago, is also promoted to associate. Noel Muscutt, partner..
Bootcamp fitness centre opens on Black Country trading estateA former soldier has launched a bootcamp fitness centre on a Black Country trading estate, thanks to Bulleys. The leading commercial property specialist sealed the deal with Empire Fitness on the GK Davies Trading Estate on Hayes Lane, Stourbridge. Rhys Jenkins-Hayhow, owner of Empire Fitness, previously spent five years in the Queens Royal Hussars, serving in Afghanistan, Germany and Canada as a tank driver, gunner and loader . He has now used his Army experience..
More Midlands jobs adds to growing demand for commercial propertyGrowing employment has contributed to increased competition for industrial space, higher property prices and more construction projects across the West Midlands, according to Bulleys. The leading commercial property specialist was commenting after the Office of National Statistics (ONS) last week revealed that jobs in the West Midlands surged by 34,000 to 2.72 million in the three months to February, with people out of work falling by 12,000 to 143,000. Meanwhile..
Carillion’s former HQ up for sale for £3 millionThe former Wolverhampton headquarters of Carillion, the construction and services giant which crashed into liquidation earlier this year, has gone up for sale with a price tag based on offers in excess of £3 million. Leading Midlands property agents Bulleys and JLL have been jointly appointed to market the property at 84 Salop Street, which is currently known as Carillion House. The detached building is located on a 0.65 acre site next to the Chapel..
Newly refurbished West Bromwich offices come to the marketBulleys commercial property consultancy is helping Pargat Property Ltd to rent out a 10,000 sq ft building. Pargat Property Ltd has recently refurbished a spare roadside building next to West Bromwich Football Ground. The units are on the A41 Birmingham Road overlooking Junction 1 of the M5 motorway. They include a 3,072 sq ft retail counter area on the ground floor, with two offices above totalling 7,021 sq ft. Max Shelley, senior surveyor at Bulleys, said..
Ground Breaks On Multimillion Pound Speculative Development In Black CountryTo celebrate A&H Construction’s appointment to deliver the multi-million redevelopment of Vaughan Park in Tipton, Councillor Paul Moore joined CEG at a ground breaking ceremony. A&H Construction has been appointed by property investment and development company, CEG, to build five industrial units totalling 80,000 sq ft. Further phases of Design and Build opportunities mean that ultimately this well-located West Midlands business park will offer..
Bulleys appointed to prime Wolverhampton showroom siteBlack Country commercial property specialists Bulleys has been appointed to market a prominent showroom facility in Wolverhampton. The property at 177 Birmingham Road, which extends to 5,136 sq ft, is on offer at an asking rent of £48,000 per annum. Previously the home of Thermospas, Cold Seal Windows and National Tyre Services, surrounding occupiers include Ford Showroom, Plumb Centre, Motor Zone and Wolverhampton Tiles and Baths. Edward Jenkinson..
Companies flock to Black Country industrial estate after major refitEstablished companies are quickly moving into seven refurbished units on a Black Country industrial estate, thanks to a focused marketing campaign by Bulleys and joint agents Harris Lamb. The commercial property consultancy swung into action following the £600,000 refit of the units at Planetary Industrial Estate in Wednesfield. A total of 43,410 sq ft of space was refurbished and now all seven units are either let or under offer. Edward Jenkinson, assistant..
West Midlands industrial property outperforming marketHigh market demand combined with a lack of sites and buildings resulted in a strong West Midlands industrial property market performance, according to commercial property surveyors Bulleys. The explanation from Bulleys came as the latest RICS UK Commercial Property Market Survey today highlighted industrial property in the region as “the clear outperformer”. The RICS survey from the last quarter of 2017 also revealed that office space in the West..
Smaller units much in demand across Black CountryA Black Country estate, under new ownership and undergoing refurbishment, is set to provide desperately needed units for small firms. Hayes Lane Industrial Estate in Lye offers a range of premises for sale from 1,530 sq ft to 10,686 sq ft. Brought to the market by commercial property specialists Bulleys. A dozen units are available, part of a multi-let complex of industrial and warehouse space. Bulleys senior surveyor Max Shelley said: “This is an opportunity..
Major Telford office development back on the marketA prominent Telford office building which has been brought back to the market after an extensive refurbishment could attract a major new company to the West Midlands, according to the agents appointed to market the building. Wilkinson House on Stafford Park is now being marketed by Telford based Bulleys Bradbury and offers from 6,761 sq ft to a total of 13,641 sq ft. Bulleys Bradbury Director, Richard Bradbury, said the building’s excellent location..
Start up in style!Two of Wolverhampton’s smartest new offices to rent are being marketed by chartered surveyors Bulleys. The Westlands is a period building fronting Compton Road and dating back to the early 18th century. It offers Victorian styling, terrazzo flooring and similar features. Edward Jenkinson, agency surveyor at Bulleys, said: “The building provides occupiers with an alternative attractive setting away from the city centre. “The site is occupied..
Black Country benefitting from double boostChartered surveyors Bulleys have hailed a double boost for the Black Country industrial property market. Bulleys partner Noel Muscutt says Black Country “sheds” are increasingly in demand. The region is benefitting from a surge in interest as London investors seek solid returns and better yields than they can achieve in the over-heated property market in the south east. And the early economic ripples from HS2 are also adding to the Black Country..
Councils praised for bravery in bringing i54 to the marketStaffordshire County Council, City of Wolverhampton Council and South Staffordshire Council have been praised for their courage and foresight in bringing forward the giant i54 development site. Noel Muscutt is a partner in commercial property specialists Bulleys, who have been involved in marketing the complex from the outset. He said that in the early days of i54’s inception, the regional development agency Advantage West Midlands and then Homes and..
Bulleys successfully sell five Black Country industrial unitsCommercial property specialists Bulleys has succeeded in selling five industrial units in the Black County with a total space of more than 8,500 sq ft. The chartered surveyors sold four adjacent units at Willow Court, Crystal Drive, Smethwick, part of Sandwell Business Park, and a larger unit at Credenda Road, West Bromwich. The properties were all sold to different local businesses for figures which Bulleys said were either at or very close to the asking..
Bulleys named TWICE as ‘Most Active Agent’ in the MidlandsCommercial property specialists Bulleys has been named twice as the ‘Most Active Agent’ in the Midlands in separate awards. The chartered surveyors, with offices in Wolverhampton, Oldbury and Telford, was declared the Most Active Agent by Number of Disposals in the Midlands Industrial list of the CoStar Agency Awards 2017. These awards, presented on Thursday 12 October, recognise the UK’s top commercial property agencies through a detailed..
Bulleys helping firms expand in the Black CountryBlack Country property specialists Bulleys have brokered two major lettings on Wednesbury Trading Estate. Irpen UK has taken a lease on units totaling 16,293 sq ft. It is a specialist manufacturer and distributors of cast acrylic sheet and also has a base in Manchester. It is a wholly owned subsidiary of the Irpen S.A.U. group which has ten branches across Spain and outlets in France and Germany. And Warwickshire cleaning supplies business Cherwell has taken..
Bulleys appointed to manage Wolverhampton industrial estateCommercial property agents Bulleys have been appointed to handle management and lettings at one of the main Wolverhampton industrial estates. It follows a deal in which a private investor paid an undisclosed sum for the 7.32-acre Watery Lane Industrial Estate, Watery Lane. Sold by Brierley Hill-based Hovi Developments, who were advised by Colliers International, the asking price was offers over £6.85 million. The well-established complex comprises 37..
Speculative industrial development Airfield 55 at Aldridge starts on siteWork on site has commenced for a new build, 55,000 sq ft, industrial development in Aldridge, Walsall, that will see completion of the unit for occupation in April 2018. Trebor Developments, in conjunction with Kay Properties, are developing the scheme and have appointed A&H Construction Limited as their building contractor. The project benefits from grant support from the Black Country Growth Deal and sees an unused, brownfield site, brought forward to..
£1m refurb on St George’s House now paying dividendsA Wolverhampton landmark which recently underwent a £1 million refurbishment is already 70 per cent let. St George’s House on Lever Street beside the Ring Road is being marketed by commercial property specialists Bulleys. Built in 1996, the two-storey building was purchased by Loxton Developments and has since been upgraded to Grade A standard office space including LED lighting, a new cooling, ventilation and heating system plus comprehensive..
Bulleys appointed to manage Wynford Industrial EstateCommercial property specialists Bulleys have been appointed to manage a south Birmingham industrial estate. Wynford Industrial Estate in Acocks Green, comprises 21 units and nearly 60,000 sq ft. The complex was recently sold at auction and purchased by private investors for an undisclosed sum. Steve Perriton, partner with the firm, which has offices in Wolverhampton, Oldbury and Telford, said: “It is an established multi-let industrial estate on a site..
Bulleys’ growth continues with recruitment of Joseph ScottCommercial property specialists Bulleys have recruited Joseph Scott as a general practice surveyor. From Wolverhampton, he has two years’ experience in commercial property including valuations, lease renewals and landlord and tenant law. He has a degree in history from Leeds Beckett University and a Masters in real estate management from Birmingham City University, and is studying for the Royal Institution of Chartered Surveyors’ Assessment of..
Bulleys maintains award-winning level of dealsCommercial property specialists Bulleys has maintained its award-winning level of deals in the first six months of 2017, despite a general shortage of industrial sites and properties. The chartered surveyors, which has offices in Wolverhampton, Oldbury and Telford, was recently named both ‘Industrial Winner’ and ‘Overall Winner’ for the West Midlands in the EGi Deals Competition for 2016. The awards came after the company transacted..
Bulleys combs the Black Country for new barber’s shopMidlands commercial property agents Bulleys are revelling in the worldwide fame of a Black Country barber’s shop which hit the headlines with a floor entirely made up of 70,000 pennies. Far from being the biggest deal in the world, but definitely one of the most eye-catching, it didn’t cost a pretty penny to purchase the unit. But neither was it a snip. Angela Holland of Bulleys said: “It was acquired on a freehold basis for an undisclosed..
Bulleys deal for Phoenix Brands really takes the biscuitCommercial property specialists Bulleys have put together a tasty deal for expanding biscuit maker Phoenix Brands. The company is set to move from Bilston to new premises on Monmore Park Industrial Estate in Wolverhampton. It has taken 30,000 sq ft of space required for the installation of a new £1 million-plus production line. In total, it represents an investment of £1.5 million. Edward Jenkinson, agency surveyor at Bulleys, which has offices..
First unit at LCP’s Prime Point development ready three months earlyThe first unit at a multi-million pound speculative development in the Black Country has been completed three months ahead of schedule. The 20,000 sq ft unit – Building A – at Prime Point, which is being developed by LCP, the leading national property, investment and management company, at its flagship Pensnett Estate industrial estate is ready for occupation. The adjoining Building B, a 30,000 sq ft unit, has also been built and left as a shell..
A&J Mucklow appoints Bulleys to handle major industrial portfolioA&J Mucklow, the largest quoted investment property company in the Midlands, has shown its confidence in commercial property specialist Bulleys by appointing the firm to handle a further four Midlands industrial estates. Bulleys has handled lettings on the Enterprise Trading Estate in Pedmore Road, Brierley Hill, for some years, but has now been appointed to a further four estates. Bulleys, which has offices in Wolverhampton, Oldbury and Telford, will..
Bulleys brokers Costa’s arrival at The GatewayCommercial property specialists Bulleys are full of beans following Costa Coffee’s arrival at a major site off the M54 near Wolverhampton. The chartered surveyors, who have been marketing three acre The Gateway, near Junction 2, first secured a Porsche dealership, leased to Pendragon Group, for the Stafford Road complex. Now the firm is savouring this second letting – raising a glass to a newly-opened Costa Coffee Drive Thru. That leaves just under..
West Bromwich Trading Estate Reaches Full Capacity For The First Time In Over A DecadeCommercial agents in the Midlands are celebrating after securing full occupancy at a West Bromwich industrial estate for the first time in more than a decade. The Kelvin Way Trading Estate is one of the largest and most established commercial sites in the region, and Harris Lamb and Bulleys, joint agents for the estate, cite the ongoing demand for high quality industrial space as a huge contributing factor to every one of the 49 units now being occupied. Tom..
Wolverhampton Business Park banks another buildingDevelopers Broadlands Wolverhampton Ltd, the joint venture between B&R Properties and Peveril Securities, are adding a further 24,295 sq ft (2,257 sq m) of high spec office space to Wolverhampton Business Park. Construction of a new three storey Grade A building is already underway. Charter Court Financial Services (CCFS), currently occupy 22,816 sq ft (2,120 sq m) at the park and have pre-let the new building to accommodate its growing workforce. Occupiers..
Raleigh Industrial Estate Fully LetA prominent industrial premises located at Raleigh Industrial Estate in Smethwick has been let by Bulleys Chartered Surveyors on behalf of their client, resulting in the industrial estate being fully occupied. Unit 5 Raleigh was approximately 758 square feet, Angela Holland commented “I was very pleased with the level of interest generated by this property, which resulted in a letting to a local company”. The units on Raleigh Industrial Estate..
Letting of Hale Trading EstateBulleys Chartered Surveyors, alongside joint agents Fisher German, are pleased to report the letting on the final unit available at Hale Trading Estate, Lower Church Lane, Tipton – Unit 12. Three other units were recently let by both agents. Angela Holland of Bulleys commented “We were all very pleased to have completed on unit 12 resulting in a fully let estate for the landlord”. The occupied units on Hale Trading Estate can be accessed..
Council helps Telling Architectural growSouth Staffordshire District Council’s recent investment in buying and developing a 60,000 sq ft industrial unit within the Four Ashes Industrial Estate has resulted in a local company expanding its business and creating more jobs. Telling Architectural, a specialist manufacturer of glass-reinforced concrete for building facade panels, moved into the new premises in July last year and is going from strength to strength. The company makes architectural..
Prime Point starts to take shapeA multi-million pound speculative development in the Black Country by leading commercial property investment company LCP is beginning to take shape, with the construction of the steel frame well under way. Four industrial and warehouse units, totalling 130,000 sq ft, are being built on a site at LCP’s flagship Pensnett Estate in Kingswinford. Work began just before Christmas and with the steel frames now up on Block A and B, it is now well on the way..
Units to let at Union Park, West BromwichThe Oldbury office of Bulleys Chartered Surveyors report the availability of four refurbished Industrial units at Union Park, Navigation Way, West Bromwich. The units offer warehouse/industrial accommodation from 2,508 – 16,032 sq.ft and are of steel frame construction with concrete flooring and metal clad elevation. Each unit has the benefit of large front service yards and a simple estate lease is available allowing quick occupation for interested..
LCP appoints agents to market Prime Point at Pensnett EstateLeading commercial property investment company LCP has appointed two West Midlands property agencies to help attract businesses to its multi-million pound speculative development. LCP is building Prime Point, a 130,000 sq ft development of four industrial and warehouse units, on a site at its flagship Pensnett Estate business estate in the Black Country. With building now well under way, it has appointed West Midlands commercial property specialist Bulleys..
“Apollo” lift off at Advanced Manufacturing Hub, BirminghamLeading Midlands’s commercial developer, Trebor Developments, in conjunction with funding partner Aviva Investors Pensions Limited, have launched the availability of their completed high quality, 94,500 sq ft new manufacturing industrial premises at the Advanced Manufacturing Hub, next to the A38 Aston Express Way. To launch the building, over 40 midlands industrial agents attended an open morning at the building to inspect the quality and discuss occupier..
Bulley's score a hat-trick at Kelvin Way!The Oldbury office of Bulleys Chartered Surveyors are pleased to report a hat trick of deals at Kelvin Way Trading Estate, West Bromwich. Units 19, 20 and 24 Kelvin Way have all been let at the start of 2017, and provide a combined floor area of 22,767 sq ft of industrial/warehouse accommodation. Kelvin Way is well located and situated on the A4182, approximately 1 mile southwest of Junction 1 of the M5 motorway. The estate is approximately 1 mile to the south..
REFURBISHED OFFICES TO LETBulleys Chartered Surveyors are pleased to report instructions to let refurbished office space at Quay House, The Waterfront. Quay House can accommodate single office requirements through to 46,000 sq.ft. Internally the property comprises 4 floors offering a mixture of private offices and open plan space. The offices benefit from a ground floor reception foyer with front desk, male and female WCs on each floor and 2 x 8 person lift which services each floor..
Business Rates 2017 RevaluationBy way of background, the last revaluation of commercial property for rating purposes was carried out in 2010 based on rental values as at April 1st 2008, before the collapse of Lehman Brothers and the financial crisis – since when the commercial property market has experienced considerable variations. The new “Draft” Rateable Values were first published on September 30th last year and come into effect on 1st April this year. The new rating..
TELFORD OFFICE PREMISES SOLDBulleys Bradbury, acting jointly with Barbers, confirm completion of a sale of a substantial office building in Telford Town Centre. The property known as Reynolds House, Ironmasters Way, Telford extends to approximately 30,460 sqft (2,830 sqm) and provides head office style office premises with onsite parking occupying a high profile location opposite Telford Town Centre. Richard Bradbury of Bulleys Bradbury, who acted on the sale commented “The market..
Deansgate Office AccomodationBulley are delighted to bring to the market the prestigious Deansgate office accommodation, located on Tettenhall Road. The building having undergone a transformation refurbishment now boasts an exciting new opportunity for businesses to enjoy luxury office accommodation in a grand setting located just outside Wolverhampton City Centre. The building provides a varied selection of suite sizes ranging from 260 sq. ft. (24 sq. m) - 1,540 sq. ft. (143 sq...
INDUSTRIAL PREMISES AND SITE FOR SALEBulleys Bradbury have received instructions to market a modern detached industrial building at Halesfield, Telford. The premises known as Unit F, Halesfield 10 provides modern industrial accommodation extending to 40,863 sqft on a large site in total extending to approximately 5 acres. The site incorporates a large fenced yard area, parking and an area of undeveloped land adjacent to the building providing an opportunity for expansion and development subject..
HALESOWEN PREMISES SOLDBulleys Chartered Surveyors are pleased to report the sale of an industrial unit in Lyde Green, Halesowen. The unit is located in a prominent position overlooking Lyde Green just off the A458 Park Road. The unit is approximately four miles from J2 and J3 of the M5 motorway and three miles from Halesowen Town Centre. The unit extends to a total floor area of 5,847 sq.ft and has been purchased by Lye Valley Windows & Doors who specialise in high quality..
REFURBISHED TIPTON UNIT FOR SALEThe Oldbury office of Bulleys Chartered Surveyors are pleased to report the availability of a refurbished Industrial unit at Cleton Business Park, Tipton. The end terrace unit extends to approximately 9,771 sq ft (904 sq.m) and is of steel frame construction with concrete flooring and brick and metal clad elevation. The unit also has the benefit of a newly created secure yard, which provides an area for loading/unloading and 18 car parking spaces. The quoting..
WEDNESBURY ONE PREMISES LETA Prominent warehouse/industrial premises located at Wednesbury One in Wednesbury has been let by Bulleys Chartered Surveyors on behalf of their client Mucklow. Wednesbury One occupies an excellent location with direct access from the A41 Black Country New Road, approximately 1½ miles from Junction 9 of the M6, 3 miles from Junction 10 of the M6 and 4 miles from Junction 1 of the M5. The 21,611 sq ft property comprises a modern warehouse/production..
Greenwood Court, ShrewsburyBulleys Bradbury are marketing newly refurbished industrial premises at Greenwood Court Industrial Estate, Shrewsbury. Greenwood Court is well located in an established industrial location, just off Lancaster Road close to the A5112. Units F3-F8 are available, each at approximately 2,000 sqft and a full refurbishment programme has just been completed. This includes provision of new roller shutter doors, new lighting, WC and kitchen facilities, full redecoration..
LONG ACRE STREET, WALSALL, WEST MIDLANDS.LONG ACRE STREET, WALSALL, WEST MIDLANDS. Bulleys are pleased to report the sale of a premises in Long Acre Street, Walsall. The property generated an immense amount of interest being currently set up as a garage workshop. The premises comprised of approximately 1,512 sq ft (140 sq m) of workshop, office and toilet accommodation and was purchased by a private individual. Acting on behalf of the Receivers, Angela Holland of Bulleys commented “We are very..
Business Rate Appeals – Enterprise Bill ReformsThere is widespread agreement that the Business Rates Appeal system is in need of reform and that too many appeals are made with little supporting evidence and take too long to be concluded. The Enterprise Bill had its second reading in the House of Commons on 2 February 2016 and recommends a reform built around an initial ‘Check’ and ‘Challenge’ to the Valuation Office Agency (VOA) before proceeding to the Valuation Tribunal for an..
2017 Business Rates Revaluation2017 Business Rates Revaluation The VOA are currently well underway with preparing, collecting and analysing rental information for the revaluation of over 1.8million commercial properties across England and Wales to be effective from 1st April 2017. The last revaluation undertaken was in 2010 based on rental information 9 years ago in 2008. A lot has changed since then including the UK entering into a double dip recession and more recently a significant..
A Good Year for Offices in WolverhamptonRod Spiby, partner at Bulleys Chartered Surveyors, looks back at some significant sales and lettings of office buildings undertaken by the company over the last 12 months. Bulleys let the 28,700 sq ft Coniston House in Chapel Ash to well-known local company Marstons Plc whilst undertaking a significant refurbishment of their current head office and have ongoing interest on file for when Marstons vacate. Next to this building, they sold the landmark 45,800..
Celebrating 50 years in the businessBulleys Chartered Surveyors is celebrating 50 years in business, providing professional advice on all aspects of commercial property. Established in 1965 by Richard Bulley, the company has built an enviable reputation as local and regional specialists in the field of industrial and commercial property consultancy. With a wealth of experience and reputation for professionalism focused around consistently delivering core services such as sales and lettings..
New Premises For LEM IndustriesBulleys Chartered Surveyors are pleased to report the sale of an industrial unit on a popular Kingswinford estate to paint finishing system specialists, LEM Industries Limited. Unit 2 Oak Park Industrial Estate extends to approximately 7,669 sq.ft (712.5 sq.m) and has been sold to Wombourne based LEM Industries. LEM Industries specialise in electropaint and powder application systems and are able to provide bespoke solutions covering all aspects of finishing..
Unit 11 Union Park, West BromwichThe Oldbury office of Bulleys report the availability of an Industrial unit at Union Park, Navigation Way, West Bromwich The end terrace unit extends to approximately 2,967 sq ft (275 sq.m) and is of steel frame construction with concrete flooring, metal cladding and a front service yard. The quoting rent is £16,350 per annum, with a simple estate lease available allowing quick occupation for interested parties. Bulleys are letting agents for the estate..
Planning Application For 640,000 sq ft Telford WarehouseThe Homes and Communities Agency (HCA) has submitted a planning application to Telford & Wrekin Council to build either one 640,000 ft.² warehouse unit or two units of 330,000 ft.² and 230,000 ft.² respectively at the Telford 54 site. The site is being marketed jointly by Bulleys Bradbury and Lambert Smith Hampton and the proposed development is a collaboration between the landowner HCA and Telford and Wrekin Council. Rod Spiby from Bulleys..
Zoom Arrive at MiddlemoreBulleys Chartered Surveyors are pleased to report the letting of an industrial unit on a popular Smethwick estate. Unit 34 Middlemore Industrial Estate, Smethwick, extends to approximately 42,895 sq.ft (3,985 sq.m) and has been let to Zoom Imports & Distribution Limited. Starting as a family run company in 1996 based in London, Zoom Imports and Distribution Ltd has grown into one of the UK’s leading suppliers and wholesalers of general household..
Wolverhampton Gateway Phase 2 Development ContinuesBulleys have been instructed to market Phase 2 of the Gateway Wolverhampton development site on behalf of Ask Developments Limited and Trebor Developments, following the successful completion of Phase 1, representing a new Porsche Dealership leased to Pendragon Group. Phase 2 will shortly be submitted for planning and will include a new Costa Coffee drive-thru facility based on terms agreed with Costa Coffee on a leasehold basis, and a further 4,000 sq ft..
Exciting Times AheadFollowing the merger between Bulleys Chartered Surveyors and Martin Bloomer Associates, the company has relocated to accommodate the newly expanded business. After 23 years at Lincoln Lodge, Tettenhall Road, Wolverhampton, Bulleys has a new home at 43 Bell Place – also in Wolverhampton city centre. The new premises are highly prominent, overlooking Dudley Road. Bulleys now occupies the first floor and all departments can now operate in an open plan arrangement..
The Telford Office has merged with Bradbury Commercial to form Bulleys Bradbury!Shropshire’s leading commercial property consultancies Bulleys and Bradbury Commercial have merged to form Bulleys Bradbury. The Telford based companies have worked closely together for the last eight years, providing complementary niche services across the Shropshire market. “This merger creates one of the most experienced commercial property consultancies in the area,” explained Rod Spiby, Partner at Bulleys Bradbury. “Both companies..
Bulleys and Martin Bloomer Associates have merged!Two of the Black Country’s best known names in commercial property consultancy have merged to form Bulleys incorporating Martin Bloomer Associates. The two companies have worked closely for many years providing complimentary niche services in the local, wider West Midlands plus Shropshire markets and beyond. “This merger strengthens one of the most focused and dynamic commercial property consultancies in the area” said Noel Muscutt, partner..
Marine Specialists Expand at Narrowboat WayThe Oldbury office of Bulleys Chartered Surveyors are pleased to report the letting of a modern industrial unit on Narrowboat Way in Dudley on behalf of Pall Mall Investments. Unit 18 Blackbrook Valley, Narrowboat Way, extends to approximately 19,535 sq.ft (1,815 sq.m) and has been let to Metalast Limited who specialise in the supply of Heavyweight Ballast and Counterweight Products for use within the wave technology, offshore power, ship, boat, train, heavy..
Howard Street Is Now Fully LetThe Oldbury office of Bulleys Chartered Surveyors are pleased to report that they have successfully negotiated lettings at the last two available units at the popular Howard Street Industrial Estate, West Bromwich, which is now fully let. The recently refurbished units extend in total to approximately 68,131 sq.ft (6,330 sq.m.) and consist of single storey industrial units of steel portal frame construction incorporating works offices and WC’s. The well..
Expansion at Wolverhampton Business Park is a signal of growing demand in the regionsBulleys has acted on behalf of Broadlands Wolverhampton on the following deal. Mortgage specialist Exact Mortgage Experts Ltd has more than tripled its space at Wolverhampton Business Park, reinforcing the site’s reputation as a leading home of financial and professional services organisations. Originally occupying 5,378 sq ft on the first floor of 2 Charter Court, the mortgage lending specialist has taken 5,137 sq ft on the building’s ground floor..
An Expansion In The Agency DepartmentBulleys Chartered Surveyors are pleased to announce an expansion of their agency department with the recent recruitment of Andrew Dixon. Andrew joins Bulleys in an Agency capacity dealing with commercial property matters within both the Black Country and Shropshire. He has over seven year’s commercial property experience having previously worked for both BNP Paribas Real Estate in Birmingham and Lex Allan Commercial in the Black Country. He was elected..
New Builds Plug The GapRod Spiby Partner at Bulleys Chartered Surveyors reports that 2014 saw a significant improvement in the economic outlook, probably experienced strongest regionally for business in an increased order book for the manufacturing sector. Increasing cost and time taken moving products around the world, a stronger pound and often better quality products made in the UK, all contributed to manufacturing, rather than storage and distribution this time, leading the..
Modern Brierley Hill Premises LetA modern production/warehouse unit in Brierley Hill has been let by Bulleys Chartered Surveyors to Supply Technologies Limited who will be relocating from their Kingswinford premises. The property known as Two Locks extends to approximately 23,045 sq.ft. (2,142 sq.m.) and comprises two storey offices and ancillary accommodation to the front, with a rear warehouse and secure yard. Fastener distributor Supply Technologies Limited provide global, point-of-use..
Speedy Letting at George Henry RoadThe Oldbury office of Bulleys Chartered Surveyors are pleased to report that a substantial industrial/warehouse building prominently located on George Henry Road has now been let to equipment and tool hire specialists Speedy Asset Services Limited. The building extends in total to approximately 21,562 sq.ft. (2,003 sq.m.), comprising refurbished ground and first floor office/ancillary accommodation, a secure fenced yard, all within 2.5 miles of the M5 motorway..
2014 - Out With The Old, In With The New?Steve Perriton, Partner, Bulleys Chartered Surveyors reports a strong finish to 2013 and in the first few weeks of 2014 enquiries have continued to pace. Whilst this is very good news for the commercial property market which has struggled over the last 5 years during the recession, this welcome return to activity brings with it a reminder of the lack of awareness of companies of the limited availability of modern built and available commercial property..
New Tenants at Bloomfield ParkA new letting to report at Unit 36 Bloomfield Park, Bloomfield Road in Tipton. Bulleys Chartered Surveyors and joint agents, Halls are experiencing a boost in lettings on the above mentioned popular estate, with 3 more lettings to date. As well as the successful letting by Bulleys on Unit 36 Bloomfield Park, Halls have successfully let 2 other units on the estate, namely Unit 12 and Unit 23. Unit 36 comprised 2,287 sq ft (212 sq m), and with the..
Units 21 & 22 Willow Court, SmethwickTwo newly refurbished unit based on Sandwell Business Park have subsequently been let and sold, by Bulleys Chartered Surveyors and joint agents, Harris Lamb. The smaller of the two units, Unit 21 Willow Court, has been let to Malwa Crockery Hire Limited. The premises was ideally situated for their business, being closely located to the local motorway network added to the attractiveness of this unit for the tenants. The unit amounted to approximately 1,044..
Amphion Court, TiptonBulleys Chartered Surveyors are pleased to report the sale of a modern detached industrial unit known as Unit 8 Amphion Court. Amphion Court is situated to the rear of the popular Hale Trading Estate off Lower Church Lane in Tipton. The unit is approximately 1,503 sq ft with an additional 727 sq ft of mezzanine storage space, and benefits from a trade counter operation also. The new owners, who were previously based in Dudley, found the unit to be ideal. Angela..
Sandwich Kiosk Opens at Popular Office ParkJamie Rixom has opened the Kiosk at the Euston Park office development close to Telford Central Train Station to operate as a sandwich bar for the surrounding occupiers and general public. Mr Rixom commented, “It is really exciting to open my first business and I cannot wait to start providing all my customers with well priced, good quality and freshly made food and drinks.” The Kiosk extends to approximately 83 sq.ft (8 sq.m) and is constructed..
Wellington Office Building SoldLocal home care agency, Priority Care (Shropshire) Limited have acquired an office building in Wellington as their Head Quarters building offering services connected with dementia, learning disabilities, mental health conditions, personal care, physical disabilities, sensory impairments, substance misuse problems, and caring for adults. Tracy Davies and Sara Johnson of Primary Care comment, “We are pleased with the professional assistance and service..
Modern Staffiord Park Unit LetAllsave Textiles Limited have relocated from Wolverhampton to Telford in order to facilitate growth plans for the business. The property known as Unit 18 at Stafford Park 12 extends to approximately 3,500 sq.ft. (325 sq.m.) with single storey office/ancillary accommodation and a clear span warehouse with a minimum eaves height of approximately 5.2 metres. Car parking is provided to the front with a rear loading yard. The letting was negotiated through the..
New Tenant For Unit 13 Lodge Forge Trading EstateBulleys Chartered Surveyors are pleased to report the letting of an industrial unit on the popular Cradley Heath Trading Estate, Lodge Forge. Unit 13 Lodge Forge Trading Estate to approximately 1,708 sq ft (159 sq m) and has been let to Pure Water and Heat Limited. The property comprises an open warehouse and a single office. Pure Water and Heat Limited are Mechanical and Electrical Specialists. Acting on behalf of the Landlord, jointly with White Rose, Angela..
Prominent Hortonwood Premises LetActing on behalf of Birmingham based Hortons’ Estate Limited, the Telford office of Bulleys Chartered Surveyors are pleased to report the letting of a prominent warehouse premises on Hortonwood Industrial Estate. The property known as Unit D8 at Hortonwood 7 is a modern terraced unit extending to approximately 2,537 sq.ft. (236 sq.m.), comprising a single store office to the front with a clear span warehouse that has a minimum eaves height of approximately..
Lots Of Activity At Popular Trade LocationBulleys Chartered Surveyors in Telford have sold a warehouse and received instructions to market three others at Stafford Park 4 in Telford. Unit E1a has been sold off an asking price of £120,000 exclusive and extends to approximately 3,160 sq.ft (294 sq.m) to include first floor office and store. Wiggins Lockett Thompson acted for the purchaser. In the same terrace, Bulleys are instructed to market Units E4 and E5 on a leasehold basis, with the units..
Estate Fully Let at Hurst Business ParkThe Oldbury office of Bulleys Chartered Surveyors have successfully negotiated a letting of the last available unit at the popular Hurst Business Park in Dudley. The recently refurbished unit 3 extends to approximately 20,083 sq.ft. (1,866 sq.m.) and consists of a single storey industrial unit of steel portal frame construction incorporating works office and WC’s. The well established industrial and warehousing location, located on Navigation Drive..
Quantum Expands to WednesburyMax Shelley surveyor at Bulleys Chartered Surveyors reports “A modern production/warehouse unit has been let at Potters Lane, Wednesbury, just off the main A41 Black Country Road, to Willenhall-based Quantum Print and Packaging Limited. Bulleys were instructed to let the building on behalf of the freeholder, Fletcher Estates Ltd”. With Ian Roberts, partner of chartered surveyors Towler Shaw Roberts acting on behalf of Quantum, the privately owned..
Double Award For Bulleys Telford OfficeBulleys Chartered Surveyors, who have offices in Telford, Wolverhampton, and Oldbury, are celebrating after receiving a double award from Estates Gazette (EGi), the industry leading national commercial property publication. Widely recognised as one of the top accolades for agents across the country, Bulleys have received the regional award for the most active agent in Shropshire for 2013. The competition celebrates the number of transactions completed each..
New Tenant for Unit 13 Lodge Forge Trading EstateBulleys Chartered Surveyors are pleased to report the letting of an industrial unit on the popular Cradley Heath Trading Estate, Lodge Forge. Unit 13 Lodge Forge Trading Estate to approximately 1,708 sq ft (159 sq m) and has been let to Pure Water and Heat Limited. The property comprises an open warehouse and a single office. Pure Water and Heat Limited are Mechanical and Electrical Specialists. Acting on behalf of the Landlord..
Shift Towards 'Built to Suit' SolutionsIt is widely considered in the commercial property market that the majority of existing Industrial/warehouse property is unsuitable for current requirements for large modern facilities. The lack of suitable existing stock is seeing the re-emergence of the ‘built to suit’ solution as evidenced by the success of i54 South Staffordshire at Junction 2 M54, with sales completed to Jaguar Land Rover, Moog Aerospace, Eurofins, and International Security..
Mechanics choose Greenwood CourtL&J Autos have more than doubled their floor space at Greenwood Court Industrial Estate in Shrewsbury whilst DJ Transmissions have also chosen the estate for their established clutch and gearbox repair business. Units E1&E2 is the new home for L&J Autos who began at Greenwood in April 2013. The business has quickly grown requiring them to expand in to two adjoining units extending to approximately 2,567 sq.ft. DJ Transmissions was established..
Further success at Ketley Business ParkBulleys Chartered Surveyors successfully negotiated and completed three further lettings at the popular Ketley Business Park in Telford towards the end of 2013. A first floor office extending to approximately 372 sq.ft has been let to TOPS Typewriter Services, a family business established in 1979 specializing in office equipment maintenance and repair covering Shropshire, Hereford, and North Wales. Unit 33, extending to approximately 2,702 sq.ft, has been..
Activity at popular Stafford Park EstateiThink IT Limited have relocated from Hortonwood to Unit 17, Stafford Park 12, Telford, in a deal negotiated by the Telford office of Bulleys Chartered Surveyors. The property is well presented and extends to approximately 3,522 sq.ft (327 sq.m) with additional mezzanine first floor storage and reception, offices, workshops, and WC’s beneath. Car parking is provided to the front of the building with roller shutter access at the rear leading to a loading..
Online business news publisher is on the moveA Worcestershire-based online publisher of global business information with over 375,000 visitors per month is moving its operations to a new headquarters after buying modern offices in Bromsgrove. Aroq Limited has acquired the freehold of Delta House, at Harris Business Park, Stoke Prior, for £425,000. The company’s team of journalists, researchers and executives provide accurate and up-to-the-minute global business information for thousands..
Modern Hortonwood Warehouse LettingThe Telford office of Bulleys Chartered Surveyors have reported the letting of a modern warehouse premises located at Hortonwood 32 in Telford. The property known as Unit 4, Hortonwood 32, has been let to toy company Primary Products Limited, who have relocated from smaller premises on the Hortonwood Industrial Estate. The new premises extends to approximately 6,504 sq.ft. (604 sq.m.), and provides a clear span warehouse with integral two storey offices..
Further Letting Success at Ketley Business ParkThe Telford office of Bulleys Chartered Surveyors have successfully negotiated two further lettings at the popular Ketley Business Park in Telford. Unit 21/22 extends to approximately 2,963 sq.ft. (275 sq.m.) and has been let to Telford Motors Limited and Unit 41, extending to approximately 1,162 sq.ft. (108 sq.m.), has been let to Shropshire Volkswagen Specialists Limited. Located to the rear of the Shropshire Star newspaper headquarters building, Ketley..
Modern Stafford Park Premises LetA modern production/warehouse unit on Stafford Park has been let by Bulleys Chartered Surveyors to Go Green Reprocess Limited who will be relocating from their Bridgnorth premises. The property known as Unit 2 Stafford Park 17 extends to approximately 16,436 sq.ft. (1,527 sq.m.) and comprises two storey offices and ancillary accommodation to the front, with a rear warehouse and secure yard. Go Green Reprocess Limited provide smart sustainable lifecycle..
Unit 3 Bridgeman Street, WalsallBulleys are please to announce that Tech Reclaim Limited have undertaken a 3 year lease on Unit 3 Bridgeman Street, Walsall, which is approximately 1,746 sq ft and comprises an office, wc facilities and warehouse accommodation. With the added benefit of the local town amenities being close to hand and the flexibility offered by the Landlord, the unit turned out to be ideal for the needs of Tech Reclaim Limited who refurbish IT equipment and were looking for..
Unit 21 Lye Business CentreBulleys Chartered Surveyors in Oldbury have let an industrial unit on the Lye Business Centre to Elite Body n Paint. The premises extend to approximately 595 sq ft (55 sq m) and comprises of an office, WC facilities, and an open span warehouse. Acting on behalf of the landlord, Angela Holland of Bulleys stated, “This Business Centre is becoming more popular with new start-up or small businesses. We are delighted in the interest to date. Bulleys..
Roebuck Street, West BromwichAllswage UK have purchased a premises in Roebuck Street, West Bromwich, alongside their current establishment in Smethwick. The unit extends to approximately 9,111 sq ft (846 sq m) and comprises a warehouse building with integral two-storey offices, and parking. Allswage UK, founded in 1983, are the UK distributor for Techmaflex Hose Assembly and tube forming equipment and other associated products. Dave West of Allswage commented “The premises..
Unit 16 Lye Valley Industrial EstateA successful letting has been undertaken on Unit 16 Lye Valley Industrial Estate, Bromley Street, Lye to Tiger Cub Stationer & Craft Limited. The unit is approximately 1,060 sq ft (98 sq m) and comprises of WC facilities and an open span warehouse. Acting on behalf of the landlord, Angela Holland of Bulleys stated, “After viewing several other units locally, Tiger Cub Stationer & Craft Limited settled upon Lye Valley with the estate benefits..
Expansion at Shrewsbury Industrial EstateHope Initiatives (Shrewsbury) have expanded their operation at Greenwood Court Industrial Estate in Shrewsbury by taking two units extending in total to approximately 2,000 sq.ft. (186 sq.m.). The local charity, which operates programs called “Grease Monkeys” and “Geared Learning”, aims to help young people gain confidence, motivation and accreditation for employment through mentoring and coaching in the motor vehicle and engineering..
Carpet Wholesaler in HortonwoodA prominent industrial/warehouse premises on Hortonwood 7 extending to approximately 3,191 sq.ft. (296 sq.m.) has been let to Carpet Wholesale.com Limited who will be specialising in the wholesale of carpets to the trade and public. Peter Panayi stated, “We are delighted with the new premises as it provides us with an excellent modern unit in a prominent and popular Hortonwood location.” Acting on behalf of Hortons’ Estate Limited, the letting..
Employment Land For Sale At The Gateway To TelfordTelford & Wrekin Council and Bulleys Chartered Surveyors have launched the availability of up to 80 acres (32 ha) of employment development land off Junction 4 M54. The scheme known as Telford54 is accessed from the A464 and is situated adjacent to the established Stafford Park Industrial Estate, only 15 minutes from the i54 South Staffordshire development that is seeing the development of the Jaguar Land Rover new advanced engine facility. ..
Unit 16 Coneygre Industrial EstatePHS Plc have taken Unit 16 Coneygre Industrial Estate in Dudley. The building provides 14,042 sq.ft. (1,304 sq.m.). PHS are a leading UK workspace service provider employing over 5,000 staff. “The new facility has been completely rebuilt including new offices and a new roof to the warehouse which together with a large secure yard area was key for a decision to locate this division of PHS in this building” Andrew Knight, Group Property..
New Tenant for Unit 2 Peartree Business Park, DudleyBulleys Chartered Surveyors are pleased to report the letting of an industrial unit on a popular Dudley Industrial Estate based Crackley Way, Dudley. Unit 2 Peartree Business Park extends to approximately 2,368 sq ft (220 sq m) and has been let to KM Fasteners Limited. The property comprises an open warehouse with minimum eaves of approximately 15’8” (4.8 m) and a single office. KM Fasteners are importers and stockists of a wide..
Offices Let at Lye Business CentreA local internet based company have taken occupation of a modern office premises on the Lye Business Centre, Lye. The offices amount to approximately 2,279 sq ft (212 sq m), and are prominently located at the entrance to the estate. Bulleys successfully negotiated the lease with Angela Holland commenting “The layout and location of the offices suited the occupier and they were able to expand their business even further with well maintained showrooms..
Yard Let at Birmingham New RoadBaldwins Crane Hire Ltd are pleased to announce a new facility in the Black Country on the Birmingham New Road, Dudley. Andy Skelton, Operations Director of Baldwins confirmed that they have taken a site from Dudley based family firm, Thomas Dudley Ltd. The site of 0.76 acres fronts on to the Birmingham New Road and will provide an additional operational depot for Baldwins Crane Hire. Baldwins have been involved in the crane industry since..
New Tenant Arrives at Blackbrook ValleyBulleys Chartered Surveyors are pleased to report the letting of an industrial unit on a popular Dudley estate. Unit 17 Blackbrook Valley, Narrowboat Way extends to approximately 20,500 sq.ft (1,904sq.m) and has been let to Stourbridge based Electrical component experts Deligo Limited. Deligo Limited provide a range of consumables supplied to the electrical wholesale market. More information can be found at www.deligo.co.uk or by calling the office on 01384..
New Build Deals Alive At BulleysFor a significant time now the commercial and industrial property market has reported concern over the lack of good quality commercial/industrial building supply coming to the market following virtually no speculative development in the last 4 or 5 years due to economic conditions. 2012 saw a series of commercial property deals at Bulleys which demonstrates the take up of existing stock and intensifies the point on shortage of new existing stock. Amongst..
Shopfitters Expansion at HortonwoodThe Telford office of Bulleys Chartered Surveyors are pleased to announce the letting of Unit C2 at Hortonpark Industrial Estate to adjoining occupier Activ Projects Limited. Unit C2 extends to approximately 7,761 sq.ft. (721 sq.m.) and brings Activ’s occupation on the estate over two units to approximately 16,663 sq.ft. (1,548 sq.m.). Founded in 2005 Activ Projects Limited are approved suppliers to various well known symbol groups supplying the convenience..
44 Elwell Street, Great BridgeSteve Perriton, Partner of Bulleys is pleased to announce that Anbuma UK Ltd, a leading supplier of hydraulic and pressure products, has taken a modern 9,235 sq.ft. (858 sq.m.) unit in Great Bridge. Anbuma supply tube and bar products which are certified to exacting standards with full traceability and cut to customer requirements. Peter Shepherd, MD of Anbuma Ltd commented “The company invests in the latest cutting machinery to ensure fast..
FORMER ACCIDENT AND REPAIR CENTERS TO LETThe Oldbury office of Bulleys Chartered Surveyors have been instructed to let three self contained industrial units in Walsall, Wednesbury and Stourport. The units located at Great Western Street Wednesbury, Portland Street Walsall and Sandy Lane Industrial Estate Stourport range in size from 11,767 sq.ft. (1,093 sq.m) to approximately 20,645 sq.ft. (1,918 sq.m.). The units are all modern self contained units and offer ample external space for car parking..
Commercial Market 2012We can look back on 2012 with some fondness I think, we had the Queens Diamond Jubilee, the Olympics and The Paralympics, all of which gave us a sense of patriotism and optimism. We even had a guy skydive from outer space! On a work note, it’s hard not to wonder what 2013 will bring for the Black Country commercial property market, and of course look back at 2012. The most recent RICS UK Commercial Market survey reports a fall in occupier demand in quarter..
Spelsberg Els UK Limited have expanded their occupation in Telford.Spelsberg Els UK Limited have expanded their occupation in Telford by relocating from Stafford Park to Queensway Business Park at Hadley Park. Spelsberg is the UK arm of the successful German company Spelsberg GMBH with over 100 years experience in the design and manufacture of IP Rated enclosures. The Queensway Business Park premises extends to approximately 10,433 sq.ft (969 sq.m) and will be used to distribute a diverse range of electrical enclosures..
Business Rates, A Change For The Better?Non-domestic business rates is about to go through one of its most significant changes in the last 20 years. Outlining the coalition Government’s most significant reforms to Local Government finance to date, Communities Secretary Eric Pickles has announced that Local Councils will be able to retain some business rate income and borrow against future growth from 2013/14 onwards. At present, the Government yields £26bn per annum from business rates..
New tenant arrives at Greenwood CourtBulleys Chartered Surveyors are pleased to report the letting of a workshop unit on a popular Shrewsbury Industrial Estate. Unit E3 on the Greenwood Court Industrial Estate extends to approximately 993 sq.ft (92 sq.m) and has been let to Shrewsbury based car mechanics L & J Autos. The property comprises of an open span warehouse with a minimum eaves height of approximately 3.8 metres. Lee Green of L & J Autos commented "Our urgent requirement..
Ionic Park, Birmingham New Road, DudleyBulleys were appointed by Ashfield Land as agents to advise on a proactive marketing strategy acting on their behalf in the letting or sale of the newly built industrial units at Ionic Park, Birmingham New Road, Dudley. The development comprises eight industrial units of varying sizes ranging from 3,583 sq.ft. to 11,227 sq.ft. The units are built to a high specification and have proved to be popular with “trade” operators given the prominent roadside..
Empty Rates ReliefThe government’s decision to demand rates from vacant industrial space was roundly condemned by the property industry, as a damaging additional burden on recession-hit developers. The move, aimed at bringing more than £1 billion a year into the Treasury’s ever-dwindling coffers, was also seen as the catalyst for a subsequent wave of demolition programmes, as owners flattened redundant buildings to avoid paying rates. However, after the failure..
Vacant Property - The Pitfalls!Vacant buildings are at an increased risk from fire, general deterioration and criminal activity. This can damage the reputation of property owners, strain relations with neighbours and dramatically increase insurance premiums even though sensible precautions have been made. The Association of British Insurers has recently reported that insurers are paying out more than £1m a week to victims of metal theft. Incidents have doubled in the past five..
Richmond Street South, West BromwichUnit 4 Richmond Street South. The building provides approximately 10,000 sq ft (929 sq m) of industrial accommodation with yard and car parking being prominently located overlooking the A41. The letting has been completed to Boulder Central to provide the Midlands biggest indoor bouldering centre. The centre provides a low level climbing facility with deep foam crash mats, but without the need for ropes or helmets. This new state-of-the art facility has a..
1982 Capital Gains Tax ValuationBulleys were instructed to carry out a valuation as at 31st March 1982 for Capital Gains Tax purposes on behalf of a private client who had historically occupied industrial premises in Wolverhampton but who had recently sold the premises. Capital Gains Tax arises as a result of a sale of property and the Inland Revenue broadly calculate the gain on the difference between the value of the property as at 31st March 1982 and the value of the property when it..
Kuka RoboticsKuka Robotics Ltd a worldwide company based in Germany has relocated its UK headquarters to Wednesbury. They are Europe’s number one robot manufacturer having supplied over 85,000 robots to various industries ranging from aerospace, automotive, foundry, food and logistics. Kuka have been established in the UK for over 30 years and have just relocated their UK headquarters to a new 10,000 sq ft premises overlooking the Black Country New Road in Wednesbury..
Hortonpark Industrial Estate, Hortonwood 7, TelfordBulleys have enjoyed a successful longstanding relationship as Managing Agents for Hortonpark Industrial Estate in Telford providing a fully encompassing Management Service on behalf of our Clients since 1998. Our initial instruction was on behalf of Clerical Medical Investment Group Limited with the current Landlord being Invista Foundation Property Limited. The industrial estate which was constructed in the early 1990’s is set in a beautifully landscaped..
Acquisition Of The Mount Hotel, WolverhamptonBulleys were instrumental in the multi million pound investment acquisition of the Mount Hotel, arguably the most established and prestigious hotel in Wolverhampton. We were instructed by a local private client to acquire hotel premises within the West Midlands. Despite the Mount Hotel not being on the market, we made a cold approach to the Signature Group who owned the hotel at the time and it transpired that the hotel may be available to purchase. Negotiations..
Haulier Arrives in Stafford ParkThe Telford office of Bulleys Chartered Surveyors is pleased to report the letting of a modern end of terrace industrial premises on Stafford Park in Telford. Unit 11 Queensway Link, Stafford Park 17, extends to approximately 1,539 sq.ft (143 sq.m) and has been let to Shropshire haulage company PAE Transport Limited. The property comprises of a reception/office, WC, and an open-span warehouse with a minimum eaves height of approximately 5 metres. PAE Transport..
Calibre Industrial Park, Four Ashes, WolverhamptonA local developer has transformed an area of Four Ashes area over the past six years, with the construction of new industrial units providing employment opportunities in the area. The project is a joint venture between Calibre Developments Limited, Jessup Brothers Limited and Possum Investments Limited. The development comprises 31 units over four phases, totaling 136,000 sq ft (12,635 sq m). Phase 1 of the development in Laches Close, off Enterprise..
Rating - Car Showroom DealershipsThe Rateable Value applicable to a commercial property is the Valuation Officers’ opinion of the Annual Rental Value for the property, on assumed terms and conditions on a particular date. Revaluations of all commercial property currently take place every 5 years the most recent in 2010 and the next revaluation is in April 2015. Bulleys are instructed to act on behalf of a number of car showroom dealerships in the Shropshire and West Midland area. In..
Continuing the fight for local businesses at Ketley Business ParkCombat Athlete is the latest Tenant to choose Ketley Business Park for the next phase of their business development. Specialising in MMA, submission grappling and personal one to one training, Combat Athlete is an established martial arts gymnasium that offer classes for men, women, and juniors. The new property extends to approximately 1,964 sq.ft (182 sq.m), and will cater for all ability levels from beginners to those looking to compete at the highest..
Bank Loan Security ValuationBulleys were instructed by one of the leading High Street Banks to carry out a loan security valuation report in accordance with the RICS Valuation Professional Standards Incorporating the International Valuation Standards Global and UK Edition (March 2012). The commercial property comprised an industrial factory/warehouse premises with ancillary 2 storey office block extending to approximately 14,600 sq.ft including adjacent land of approximately 0.58 acres..
Investment Sale Of Hawk HouseHawk House is a grade ‘A’ office building of 8,248 sq.ft located at Central Park, Telford. Central Park is a recognised and established office and commercial area with occupiers including Telewest and CAP Gemini. Bulleys were instructed to dispose of the long leasehold interest with the benefit of a ten year lease to the First Secretary of State at an annual rent of £91,000 per annum. We were seeking offers in the region of £1,250,000..
Percy Business Park, OldburyActing on behalf of Coltham Developments Limited, Bulleys Chartered Surveyors and Knight Frank are experiencing continued success at Percy Business Park in Oldbury. Percy Business Park offers a mixture of refurbished units alongside a newly built development of 14 industrial/trade counter units. The estate is prominently located on Rounds Green Road, being just 1 mile from Junction 2 of the M5 and 3 miles from Junction 1 of the M5 motorway. Angela Holland..
The Protection of Freedoms ACT 2012 - Stopping Rogue ClampersThe Protection of Freedoms Act 2012 – Stopping Rogue Clampers For private landowners, the most cost effective method of enforcing parking control on private land has, for many years, been to wheel clamp vehicles. However, in order to protect the general public against unscrupulous parking enforcers, new government legislation under the Protection of Freedoms Act 2012 means it is now an offence for landowners to employ such traditional methods without..
Offices Fully Let at Ketley Business ParkThe last remaining office suite at Ketley Business Park in Telford has been let to Tinman New Media Limited who provides Website Design, Mobile App Development, Hosting Services and Online Digital Marketing including search engine optimisation and social media marketing. For more information visit them at www.tinmannewmedia.com or call 0843 523 6575, or simply drop into their new office. The first floor office extends to approximately 372 sq.ft (35 sq.m)..
Lack Of Commercial Stock Proving To Be A ProblemJames Bird Senior Surveyor at Bulleys advised that research they have carried out into the Black Country commercial property market is showing that there is a lack of freehold property currently on the market which in turn has been a contributing factor to a lack of freehold transactions. Whilst there has been a healthy number of enquires looking to purchase commercial property the lack of supply and the reluctance of owners to sell their premises, if they..
Kiosk Opens at Popular Office Development in TelfordBulleys Chartered Surveyors are pleased to report the letting of a modern retail kiosk unit located close to Telford Central Train Station amongst the popular Euston Park office development. Mr Steve Golden trading as ‘Mocha’ will be serving hot and cold food along with fresh roast bean coffee. Having previously worked for fifteen years with British Airways in the catering department and at ‘The Coffee Den’ in Wellington, Mr Goldens..
Rating - Telford ManufacturerAppealing and reducing the Rateable Value applicable to a commercial property is only one of a number of options that can be potentially pursued to reduce an occupier’s liability to pay rates. Acting on behalf of a major industrial manufacturer in Telford, Bulleys negotiated and agreed "Section 44a Void Rate Relief” in respect of vacant areas within this large automobile manufacturing facility. Section 44a Void Rate Relief is a discretionary..
Proposed Changes To Empty Property Relief ConfirmedMark Linning, Head of Professional at Bulleys outlines some of the possible ramifications together with a number of legitimate measures to avoid business rates on vacant commercial property. Mark comments:“One of the most controversial announcements in Gordon Brown’s final budget speech before becoming Prime Minster was to change the existing vacant property relief provisions for commercial property”. Prior to 1st April 2008, all vacant industrial..
Development Of Titan 10Bulleys were instructed to dispose of the former Thompson Chassis premises which had become vacant at the corner of Millfields Road and Spring Road, Bilston by Advantage West Midlands. The site comprised some 13 acres (5.26 hectares) with 341,823 sq ft (31,764 M2) of industrial and office accommodation in 7 bays with 2 self contained office buildings. The majority of the accommodation was of late 1950’s/1960’s construction and had reached the end..
133 – 137 Oldbury Road, Greets Green, West BromwichActing on behalf of the Proprietor of Allpak, Bulleys Chartered Surveyors are pleased to announce the recent sale of the prominently located premises known as 133 – 137 Oldbury Road, West Bromwich. The detached property is approximately 2,400 sq ft and was marketed with an asking price of £150,000. The building has been purchased by Mr Models, who were originally based in Smethwick, been established since 1985 and specialise in various plastic..
General Office DemandThe demand for offices in the Black Country is improving. Bulleys are pleased to report a good level of active enquiries, a letting and a sale. Acting on behalf of private clients, Bulleys have completed the letting of approximately 1,300 sq ft (120 sq m) on the ground floor of Building 1A Swallowfield Courtyard, Oldbury to SEM Consultants Limited who are one of the leading companies in Google search engine optimisation. This deal was closely followed..
Development Of Wolverhampton Business ParkWolverhampton Business Park is the premier business and office park in Wolverhampton. Although initially this Park, located within 200 yds of junction 2 of the M54 motorway, entered the market as a local/regional development, more recently it has attracted high quality investment from further afield and is now recognised on a more regional/national basis. Bulleys have been an integral part in the development of Wolverhampton Business Park over the past 5 years..
Property Acquisition In A Challenging MarketThe Governor of the Bank of England has recently given his opinion that the UK economy will shrink again within the next 12 months – so nothing positive on the economic front! Despite the ongoing economic doom and gloom, there are a number of manufacturing sectors that are trading well and expanding. Bulleys Chartered Surveyors have a number of active client acquisition requirements – most of which are for occupier clients in the manufacturing..
Acquisition Of Elwell Street, Great BridgeOn behalf of Entity, which is the property arm of the Siddons Group, Bulleys were instrumental in negotiating the acquisition of a modern industrial/ warehouse unit with offices at Elwell Street, Great Bridge, comprising some 9,154 sq ft of accommodation. We initially provided our advice on the refurbishment works required to present the property in the best possible light for marketing and importantly the likely demand for the unit. The clients instructed..
New Home For Centreline Machine GuardsCentreline Machine Guards have completed a strategic relocation from their long established base in Lye to larger and more modern premises on Heath Mill Road, Wombourne. The business, a specialist manufacturer of safety enclosures for the automotive and robotics sectors have been expanding on the back of new contracts with major customers, and needed additional manufacturing space to accommodate the new work. Shropshire House, owned by..
Wednesfield Way Industrial Estate, Well Lane, WolverhamptonBulleys have provided Property Management to Wednesfield Way Industrial Estate for over 7 years since originally advising on the refurbishment on the industrial units. This established Estate is ideally located in a recognised industrial/commercial environment and comprises a total of 6 units totalling 40,000 sq ft. The units are of part brick/block and clad external elevations with herringbone steel trussed roofs. The industrial estate was originally part..
Encouraging Start To The YearIt is easy to become consumed by the negative coverage of the wider economy through the various media streams available to us. We have seen the high profile collapse of HMV, Jessops, and Blockbuster, the downgrade of the UK’s triple-A credit rating by Moody’s for the first time since the 1970s, and the Bank of England reported in February that growth in the economy could “continue to disappoint” in the short term. Even my local pub..
Unit 34 The Wallows Industrial EstateA sale on the premises known as Unit 34 The Wallows Industrial Estate has now completed to DJB Welding Services Limited, based in Brierley Hill. The premises amounts to approximately 1,250 sq ft (116 sq m) and comprises of an open span warehouse, WC facilities, and a yard area to the side. Acting on behalf of the client, Angela Holland of Bulleys Chartered Surveyors Oldbury office commented “DJB Welding Services are currently based..
Contemporary Log Living Make Home At Stafford ParkThe Telford office of Bulleys Chartered Surveyors is pleased to report the letting of a modern semi-detached industrial unit on Stafford Park in Telford. Unit 16 Stafford Park 12, extends to approximately 3,487 sq.ft (324 sq.m) and has been let to Shropshire based Contemporary Log Living Limited. The property comprises of a reception/office, toilets, and an open-span warehouse with a minimum eaves height of approximately 5.1 metres. Contemporary Log Living..