| the yorkshire region
CPP LANDS MAJOR NEW SHEFFIELD PROPERTY MANAGEMENT CONTRACT S
heffield-based property consultancy Commercial Property Partners (CPP) has secured a major new Property Management contract.
The award-winning firm has been instructed to provide a full Property and Facilities Management service at Albion Works in Savile Street, Sheffield, on behalf of landlords IC Innovations, who also occupy the building. The historic, three-storey office building, which is fully let, was built in 1903 and was originally the home of metal dealers Thomas Ward Ltd. IC Innovations bought Albion Works and relocated there at the end of 2015, employing the services of CPP to set and manage a service charge budget for the site.
Matthew Fitzgerald, Partner and Head of Property and Asset Management at CPP, commented: “IC Innovations initially instructed us to advise them on a specific query they had in relation to their responsibilities as a landlord of a multi- tenanted office building. “It became apparent, very early on, that the landlord wanted the building managing
both professionally and to a high standard and they would therefore benefit from out- sourcing the Property and Facilities Management function to CPP.
He added: “It has been refreshing to be involved from the start, working with an open-minded landlord and setting a service charge budget that meets the needs of the property whilst also being value for the money for the tenants.”
Lindsey Owen, Financial Controller at IC Innovations, commented: “We were delighted to have appointed CPP to manage Albion Works on our behalf. We felt that their pro-active management team offered us the best combination of knowledge and experience to assure us that our Head Office site was in safe hands”.
REFURBISHMENT CREATES GRADE A OFFICE SPACE IN THE DON VALLEY
iverpool-based developer, Prospect GB, is creating circa 20,000 square feet of Grade A office space in the heart of the Don Valley with a refurbishment project at its Distington House building within the Atlas Way Business Park. The company has completed work on
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two ground floor suites comprising circa 10,000 square feet and is now refurbishing another suite totalling circa 4,000 square feet. The high-specification
upgrade incorporates contemporary aesthetics, energy-efficient design, raised access floors, DDA compliance, brand new lighting, suspended ceilings and state-of- the-art air conditioning. Head of Prospect GB’s commercial division, Chris Walker, said: “This comprehensively refurbished space represents an exceptional opportunity to secure competitive leasing terms for a Grade A base at a superb strategic
location within easy reach of Sheffield city centre and the M1. The property has its own reception, a passenger lift and a generous allocation of on-site parking. The completed ground floor suites are impressive open-plan offices which are ready for immediate occupation and provide flexible use to suit a variety of businesses and organisations. Space is currently available in sizes ranging from 4,000 square feet up to the full 20,000 square feet. The refurbishment of the other suite is scheduled for completion in Q4.” “Distington House’s location provides a number of very attractive benefits. It’s close to Meadowhall, Junction 34 of the M1 and some excellent leisure amenities, including Ice Sheffield and various restaurants, a cinema and a bowling alley at Valley Centertainment. I would advise prospective tenants to get in touch at the earliest opportunity to secure their place at this outstanding address.” Further information is available from the joint agents, Commercial Property Partners (tel: 0114 273 8857) and Fernie Greaves (tel: 0114 244 9121). Details are also available from Prospect GB on 0151 4485720 and online at
www.prospectgb.com
96 COMMERCIAL PROPERTY MONTHLY 2016
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