News

Acting on behalf of private clients Wiggins and Lockett Chartered Surveyors have let 6,575 sq ft of industrial space on Stafford Park 4 to the City of Wolverhampton College. The college, who already occupy the neighbouring units, have expanded into this additional space which will allow them to offer a greater range of courses and have taken the premises on a new lease off an asking rental of £23,000.00 per annum.

Georghina Parker, Director of External Relations & PCIT added, “ I am really grateful for the support of Wiggins & Lockett in getting the Centre up and running within a very tight schedule”

Anthony Wiggins, partner at Wiggins and Lockett who handled the letting added; “We are delighted that this matter has concluded to everybody’s satisfaction.  Stafford Park 4 remains a particularly busy area of industrial property with this being the third industrial transaction we have completed there in as many months.”

Ironbridge Detached Offices

An attractive detached office is being offered to the market by Wiggins & Lockett commercial chartered surveyors in Telford. The premises which comprise 474 sq ft of on the main road to Ironbridge in Telford.  The premises are being refurbished once the current tenant The Severn Gorge Countryside Trust, move out in July to their new premises in Coalbrookdale. 

The premises are being marketed with a rent of £5,200 per annum. 

Anthony Wiggins, who is handling this letting, added,
“This is another example of one of the quirky office buildings that are sometimes available in the World Heritage Site.  We have set the rent at just £100 per week and there are few opportunities to have a detached office building with parking at that price.”

Springhill, Muckley Corner - Burial Ground available for Purchase

Acting on behalf of private clients Wiggins and Lockett’s Shropshire office and Staffordshire and West Midlands agent Edwards Moore have received instructions to find a buyer for a new 35.6 acre (14.4 hectare) cemetery south west of Lichfield in Staffordshire.  The site, which is located just off the A461, is intended to serve the towns of Lichfield, Walsall, Sutton Coldfield, Cannock and Tamworth has achieved planning permission for the burial ground and is currently awaiting approval for a brand new crematorium.

Mark Lockett who is handling the sale on behalf of Wiggins and Lockett added,

“This site would be suitable for operators wishing to establish a new business in an area that has a distinct lack of such facilities.”

Green Field Site at Muckley Corner

Unit 6, Stafford Park 12 - New Occupier Confirmed

Following extensive refurbishment undertaken by clients of Wiggins and Lockett Chartered Surveyors the surveyors have secured a tenant for Unit 6, Stafford Park 12. The new tenant, Bespoke Aluminium Ltd have moved from existing premises elsewhere in Telford and have benefited from a six month rent free period incentive offered by the property’s owner. The property was marketed off a headline rental of £23,000 per annum and the lease has been and completed within two weeks of agreeing terms and instructing solicitors.

Anthony Wiggins who handled the letting said; “Incentives of this nature are quite common in the market these days and are given in return for commitment on a tenant’s part to a commercial property. A great number of our properties are available with similar incentives available that can be structured to suite a tenants particular requirements or cash flow needs.” For further information or details of available property on Wiggins and Lockett’s client portfolio visit their website at .

Bespoke are leading manufacturers and installers of individually designed aluminium glazing solutions to both the home owner and commercial premises.  Richard Wallis, MD of Bespoke Aluminium said "By consistently putting the customer at the centre of everything we do, demand for our products has grown dramatically and our new dedicated premises will allow us to further increase the range and designs we can offer our customers.”www.wigginsandlockett.co.uk Aluminium 

Richard Wallis-Director at Bespoke Aluminium Ltd & Anthony Wiggins celebrate outside Unit 6 Stafford Park 12.

Letting to Frog Completes

Wiggins and Lockett commercial Chartered Surveyors have completed the letting of Unit D5 on Stafford Park 4 in Telford. The unit that comprises 5,100 sq ft has been let to Frog Vehicle Rental Ltd who have relocated within the town.  Anthony Wiggins MRICS, who handled the letting on behalf of private clients, alongside Bulleys added;

“Frog have relocated following an improvement in business at the start of this year.  Their old unit has now also been let and the entire block, including Frogs Unit, will shortly be refurbished including new roof and cladding works.  This is a very busy area of Stafford Park and the remaining 5,000 and 10,000 sq ft Units should be snapped up now the market is moving.”

Telford Unit Refurbishment Picks up Pace

Wiggins & Lockett Chartered Surveyors are pleased to announce that a great number of commercial unit refurbishments are now underway in Telford.  With the refurbishment of Unit 6 on Stafford Park 12 complete and a letting soon following, several of Wiggins and Lockett’s clients have commenced substantial refurbishments on their units to ensure that the exacting requirements of the prospective tenants in the market are met.

Anthony Wiggins partner in charge of Agency at Wiggins & Lockett said,

“We feel it is only sensible that occupiers are offered units that allow them to gain occupation and commence business with as little difficulty as possible. Even on these new refurbished units many clients are agreeing to Schedules of Condition so that the often debilitating arguments and dilapidations negotiations at the end of leases are avoided.”

Anthony added that,

Ketlet BP "Before"

Ketlet BP "After"

Commercial Property Overview - Issued to press Mar 2010

It seems that Shropshire’s industrial centre Telford has suffered more than most but, thankfully, Telford’s overall position of strength has seen it not only take the losses without crying to loudly, but witness it take significant steps forward to position itself well for the upturn. 

Examples include the local government sponsored Telford railfreight terminal which is being “tested” by substantial users who, if deeming it economically viable look likely to acquire and develop on adjacent sites.  Also the £250 million redevelopment of Telford Town Centre being driven hard by a local authority who have seemingly grown weary of simply talking about the subject.

Those industrial developers that have persevered with refurbishments and speculative developments, where they have been possible in Telford, have secured occupants as there remains great demand for freehold units from the many self made businessmen and women in the area.  New developments in the north and south of Telford have seen significant increases in uptake over the last three or four months and well built, quality industrial locations such as the Hortonwood 32 Estate and Hortonpark, (who both now have their own dedicated websites at hortonwood32.co.uk and hortonpark-telford.co.uk), have seen interest picking up as the quality units start to be picked off by occupiers now wishing to expand their businesses.

Whilst there is a large amount of stock available in Telford it is mismatched to the enquiries.  This is particularly acute in the 20,000 – 30,000 sq ft sector.  Offices remain a particularly challenging area of the market but the commercial agencies in the Town continue to forge ahead with efficient marketing programmes and those prepared to advise clients honestly and diligently will succeed.

Telford’s reliability in producing and allowing solid, pro-active companies to expand will continue and good quality tenants, who will remain faithful to those landlords who provide them with buildings that are well maintained and well managed.  Telford tenants and prospective tenants, more than ever, need to be treated as the customers they are.  Loyalty works both ways.

Property Hunted!

Wiggins and Lockett have received instructions to find a number of industrial properties on behalf of Telford occupiers looking to expand their businesses.

Anthony Wiggins who is handling the search on behalf of several retained clients detailed,
“We are currently searching for a single industrial building of 100,000 square feet for a Telford manufacturer, a 30,000 square feet for an importer and distributor and a plot of land suitable for a Telford company to build their own offices.

We would be delighted to hear from anyone considering disposal or aware of a potential proeprty disposal."

Unit B Stafford Park 7

Wiggins and Lockett have concluded the sale of one of the largest properties on the Telford industrial market.  The 70,000 sq ft Unit B Stafford Park 7 has been purchased by Hoshizaki UK Ltd who has relocated from smaller premises elsewhere on Stafford Park, Telford.

Anthony Wiggins who handled the sale added,

“We were pleased to have been brought in to complement the existing agency on this property and even more delighted to have secured a purchaser for our client. This is a substantial building in Telford, and the fact that this has now sold marks a real sea change in the economic climate in Telford where the regular sales and lettings of large buildings seemed to have dried up over the last two or three years.

Hoshizaki are an excellent Telford based firm and we are delighted that this building has been able to be provided to them on a time scale and budget that suited them perfectly”.

Unit B Stafford Park 7. Previous occupant Maxell. Now occuopied by Hoshizaki UK Ltd.

Unit 6 Stafford Park 12

Owners of Unit 6 Stafford Park 12 have completed the refurbishment of this 6,133 sq ft unit and are now offering a substantial discount off the first year’s rental.

The units annual rent is normally £23,000.00 and has been discounted to £14,000.00 for a tenant taking a three year lease.

Anthony Wiggins who is handling the marketing of this premises added;
“It is astounding just how quickly our client has managed to undertake a substantial and very impressive refurbishment of this unit.  Units on Stafford Park 12 offer some of the best value space in Telford.  With an eave height in excess of five meters, substantial loading areas and attractive offices, premises at this location offer discrete warehousing units or high profile head quarters properties depending on how an occupier wishes to dress their unit.  Expressions of interest in this unit has been encouraging and we hope that the up-turn in the market that we have seen over the last few weeks sees an occupier take advantage of this most generous discount.”

Unit B5/6, Halesfield 11

Wiggins and Lockett have received instructions from an Telford company to market their unit as the company is look to expand in Telford.  The premises known as Units B5/6 on Halesfield 11 have been much improved by their current award winning occupier Thermserve, who have upgraded the offices, added additional canteen and mezzanine facilities and secured the yard at rear. The premises, that comprise 10,114 sq ft of offices and warehouse are available of an asking price of £410,000 or should an occupier wish to rent this premises, £30,000 per annum.

Anthony Wiggins who is handling the marketing of this premises added;

“The Halesfield 11 development of units has provided excellent facilities again and again for local companies.  We are delighted that Thermserve are trading strongly enough to be considering substantially larger premises and we are sure that this property, which has been maintained incredibly well, will be of interest to a number of companies in Telford.

Marketing steps up

Wiggins & Lockett have taken the marketing of their clients industrial property on Hortonwood in Telford to a new level with the launching of two dedicated websites. The new websites highlighting the tenants occupying the estates and the space available.

Anthony Wiggins,  Partner in charge of marketing at the firm said, 
“Whilst the traditional site boards remain the best way to highlight availability, many more enquiries are received via the internet as people undertake initial searches form the comfort of their workstations.  As a firm we constantly strive to add value to tenants who are located on estates we manage.  The pace of the property market is expected to quicken this year and these website are simple to maintain and provide the most up-to-date information on availability.  This is just another efficient way of marketing our clients property to as wide a market as possible.

The websites can be viewed at hortonpark-telford.co.uk and hortonwood32.co.uk.

Unit F3 Lets soon after refurbishment completes

Wiggins and Lockett have completed the letting of F3 Castle Trading Estate in Telford. The unit that comprises 2,300 sq ft has been let to R & R Services Ltd who are expanding within the town.  Anthony Wiggins who handled the letting on behalf of private clients to added;

“Our client took a great deal of time and effort to refurbish this unit to ensure that these premises were ready and able to be occupied immediately. This is of particular importance in a demanding market such as this.”

Another letting at Stargate

Wiggins and Lockett Chartered Surveyors in Shropshire report that only one suite remains at Stargate Business Centre on Faraday Drive in Bridgnorth. This follows the completion of the letting to Maelstrom Event Solutions who have taken the last remaining ground floor suite on a new lease.

The suite which comprised 400 sq ft was let off an annual rental of £4,800 per annum exc. Anthony Wiggins who handled the letting said;
“Stargate has performed very well in a difficult market as suites offer simple and straight forward methods of occupying commercial premises.  The “no frills” approach that our landlord has taken suits many companies perfectly.

Only one suite remains at Stargate with the 1971 sq ft Zone C being under offer.

Double units available on Hortonwood

Shropshire Chartered Surveyors Wiggins and Lockett and Bulleys have received instructions to market two substantial double terraced units on Hortonwood in Telford.

The units, 18,000 sq ft at D2 and D3 on Hortonpark and 15,500 sq ft at 11 and 12 on Hortonwood 32 both comprise modern mid terrace high bay warehouse units with integral offices and both would split down by half to their individual unit size.

Anthony Wiggins who is handling the marketing of the units on behalf of Wiggins and Lockett added;
“Both of these units offer an excellent opportunities for company’s looking to expand in Telford into some of the finest warehouse space available on the market. The landlords at both of these estates approved us to offer these units on terms to suit new tenants including flexible leases and step rentals.  Strong interest in the units on Hortonwood 32 has already been registered and we expect that the double unit on Hortonpark will be snapped up equally quickly.”

Internet Connectivity Reports

Telford Chartered Surveyors Wiggins & Lockett have teamed up with Bespoke Computing who are based on Stafford Park in the Town to provide simple reports highlighting the available Internet connectivity of buildings being marketed.

Anthony Wiggins who undertakes the marketing on behalf of Wiggins and Lockett said;
“Fewer buildings than we expect are already well connected to the internet. We hope that this additional documentation assists in providing information required to move which can be very difficult and time consuming to manage for an established business. With so much trade and administration being done over the internet and on mobile telephones, the ability for buildings and the area in which people work to seamlessly connect with the internet and with customers and suppliers is of fundamental importance.”

Sadie Pallett of Bespoke Computing presents Anthony Wiggins with the first Commercial Property Internet Connectivity Report outside Unit B3 Stafford Park 4.

Substantial Letting in Telford - Unit C Hortonwood 37

Wiggins and Lockett are delighted to announce the completion of a substantial letting on Hortonwood. The property, Unit C Hortonwood 37, has been let to MonsterBeds.co.uk who will be utilising the premises following their rapid expansion over the last three years. The property which comprises 31,000 sq ft is located prominently on the Hortonwood Industrial Estate, benefits from expansion land, private parking and a substantial service yard. The unit is now being re-fitted as a distribution facility and trade counter.

Anthony Wiggins who negotiated the letting on behalf of institutional clients said;
“We are particularly pleased to have secured MonsterBeds.co.uk as there have been a number of units entering the market in competition with these premises. The fact that the premises have let is a testament to our client’s determination to keep the property in good condition and being prepared to offer flexibility in the prevailing market.”

Daniel King, operations manager for MonsterBeds.co.uk added;
“Anthony has worked very closely with us to ensure that our needs and timing requirements in regard to the move to Hortonwood 37 were met. Our plans changed a number of times throughout the negotiation for this premises and Wiggins and Lockett have been able to adapt along with their client to ensure that these premises were available for us with as little difficulty as possible.”

Anthony Wiggins & Daniel King outside Unit C, Hortonwood 37, Telford.

Rapid Occupation Achieved - Unit B10, Hortonwood 10

Shrewsbury based Gentech Products Ltd have seen their business grow and have now taken a Telford industrial unit from commercial surveyors Wiggins and Lockett. The property they have occupied is Unit B10 on Hortonwood 10 in Telford and comprises 3,652 sq ft. The unit, which comprises, office, stores, mezzanine floor and secure yard has been let on a new flexible five year lease off an asking rental of £15,000 per annum.

Pat Farla, Director at Gentech Products Limited added,
“We are delighted at the speed at which we have been able to occupy these premises. The professionalism and flexibility of the Landlord and their agents has been of great benefit and we have been able to occupy these premises on a timescale that has not caused any disruption to our business and customers.”

Little Kinvaston House Letting

Wiggins and Lockett have secured a tenant for Little Kinvaston House on behalf of Cranford Developments. The property, located at Gailey just off Junction 12 of the M6 on the A5, has been let to Charterhouse Financial Planning on a five year lease.

Anthony Wiggins who has handled the letting said,
“This property was incredibly popular due to its high quality fit-out and excellent location. This quick letting demonstrates that tenants are still in the market for good quality competitively priced commercial accommodation.“

Rob Oakley of Cranford Developments and Lisa Luck, Director at Charterhouse Financial Planning

Stafford Park 12 Unit 5 - Superb Detached Unit

Acting Jointly with Vail Williams, Wiggins and Lockett have received instructions to market detached industrial premises on the southern edge of Stafford Park Industrial Estate in Telford. The premises known as Unit 5 located on Stafford Park 12 comprise just under 11,000 sq ft of high bay warehousing. The premises are available either by assignment of the existing lease or on new terms subject to negotiation.

Anthony Wiggins said;

“Units on Stafford Park 12 are some of the most adaptable industrial buildings in Telford and with an eave’s height of 5.9 metres, some of the highest for their size. Bearing in mind the fact that the majority of users are adding mezzanines to their premises to increase usable area, rather than move to larger foot print buildings, the height available in Unit 5 would be of particular interest to a company who expects to expand over the next five to ten years. This, together with its ease of access to the motorway network, with junction 4 being less than a mile’s distance, further enhances the attractiveness of a business premises such as this.”

Stafford Park 12 internal View

Large ground floor Office now available

A substantial and secure ground floor office suite is being offered to the market by Wiggins & Lockett commercial chartered surveyors in Telford. The premises which comprise 2,457 sq ft of predominantly open plan modern offices space is located on the popular Central Park office development close to the centre of Telford. The premises, which are also located walking distance from Telford Central Railway Station and less than one mile from junction 5 of the M54, have been much improved by previous occupants and the property benefits from substantial internal security which presents a significant saving to prospective occupiers.

The premises are being marketed with an asking rent of £22,000 per annum which is less than £10 per sq ft.

Anthony Wiggins, who is handling this letting, added,

“This rental is a clear indication of the landlord’s willingness to offer flexible terms to a good tenant. If you need new offices now, this is an excellent opportunity.”

High Bay Unit Let in Telford

Telford Commercial Chartered Surveyors Wiggins and Lockett are delighted to announce the completion of a lease to Keim Mineral Paints Ltd who have taken a ten year lease on at Santok Building Stag Business Park in Telford. The building which comprises 12,423 sq ft of modern high bay industrial unit has been let following a short period of marketing and agreement of terms off an asking rental of £65,000 per annum.

David Pratt, Managing Director at Keim Mineral Paints said, 

‘Keim Mineral Paints were very pleased with the excellent service and support that Wiggins and Lockett have given to us. They have worked very closely with us to ensure that our immediate and future requirements were met.’

Anthony Wiggins with MD of Keim Mineral Paints Ltd outside Santok Building.

Jobs Secured in Telford

Wiggins & Lockett Chartered Surveyors have concluded negotiations with Mahle Filter Systems UK Ltd on a new lease for their existing Halesfield manufacturing facility. As part of the negotiations the Landlord has commenced construction of an additional 30,000 sq ft of warehouse which will give Mahle a total of 230,000 sq ft on a site of approximately 14 Acres making it one of Telford largest industrial buildings.

Mark Lockett of Wiggins & Lockett commented,

“The confirmation of Mahle’s investment and commitment, providing additional skilled jobs, is excellent news for Telford. As a company we are delighted to have been a part of these negotiations which had to be concluded to a strict timescale to allow manufacturing commitments to be honoured. The new facility will be operational in early 2009.

Progress on site