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Hodgson Elkington

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Lincoln College is moving its Business Development Centre and Employer Engagement team to a single site, leasing new offices and training rooms at the Pelham Centre.

Teams of staff at the centre will focus their efforts on directly supporting employers by providing a full and exciting range of high quality training solutions. This will include apprenticeships for all ages, NVQ’s in the workplace and commercial training programmes designed specifically for each employer. 

Daniel Race, partner at Hodgson Elkington LLP, chartered surveyors who dealt with the lease to Lincoln College on behalf of county based Howtin Investments, owners of the Pelham Centre, said “We are delighted to welcome Lincoln College to the Pelham Centre and to their new accommodation alongside the Lincolnshire Road Safety Partnership. The Pelham Centre is now fully let again which confirms that there is growing demand for good office accommodation in Lincoln.” 

The move is part of the college’s ambitious plans to build capacity for Lincolnshire employers and to further improve choice, quality of provision and boost the economy. The centre will also host the college’s new commercial training vehicle, which has been developed intentionally to provide bespoke training solutions to meet all business needs. 

Gordon Gillespie, who is leading the College’s new development, said “We are delighted to bring services to business under one roof, operating as this will in the heart of the business world in Lincolnshire. We believe this exciting new division of Lincoln College will help local companies develop new markets and have a real impact on the local economy for years to come.

“Co-location will provide a truly single point of contact, a complete one-stop shop where employers can get information, advice and guidance on the most economic way to obtain training for their employees that supports their business needs. We will be able to meet all our employers’ requirements with a full training package from high level management and finance to basic literacy and numeracy, whilst at the same time continuing to build on our recent Ofsted Grade 1 Outstanding accolade. This service will be there for employers and at the heart of Lincolnshire’s training solutions.”

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Lincolnshire Home Improvement Agency, an award-winning charity helping people modify or improve their homes, is relocating its Sleaford, Gainsborough and Boston staff to Saracen House, City Office Park, Lincoln.

“We very much welcome the agency to Lincoln. We are seeing more organisations and companies favouring Lincoln and its infrastructure as a base for their business.” said Dan Race of Hodgson Elkington, chartered surveyors who have secured the letting.

The Agency has taken a first floor, self-contained office suite and will join occupiers at Saracen House including Barclays Bank, The Inland Revenue, and The Red Cross.

Lincolnshire Home Improvement Agency director, Mick King has confirmed the relocation to Saracen House should be complete by mid-November.

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Gladman Developments have announced the opening of the new Fernwood Business Park, a building offering traditional office space on flexible terms, as well as hot-desking facilities and other forward thinking business arrangements.

Hodgson Elkington LLP, chartered surveyors, who are marketing the £13 million high-specification office development adjacent the A1 at Fernwood, near Newark have reported that the new venture has already attracted four new occupiers including Amalgam Training taking the entire ground floor.

Other occupants include locally based businesses who will be using the ‘Hot desking’ facilities at the business centre. Originating as a trend in the late 1980s to early 1990s, hot desking involves one desk shared between several people who use the desk at different time. All inclusive rents offer the chance for business to concentrate on what they do best leaving the landlord to worry about the distracting property management issues.

“With the growth of mobility services, hot desking can also include the routing of voice and other messaging services to any location where the user is able to log in to their secure corporate network. Therefore their telephone number, their email and instant messaging can be routed to their location on the network and no longer to just their physical desk,” said Tom Elkington of Hodgson Elkington.

“Even in  these extremely difficult market conditions we are confident, based on the current level of enquiries, that further lettings will be made in the not so distant future. The building is being offered on attractive terms and we encourage all business to have a look at what is available” said Tom Elkington.

Terms have also been agreed in a relation to numerous other deals on site ranging from between 500 and 6,000 sq ft. This latest progression follow an earlier move by estate agents Fisher German LLP to Fernwood who bought Unit 12, a two-storey 2,250 sq ft building at Halifax Court on phase one of the development. Fisher German has offices throughout the UK and employ 200 staff. They relocated from Alverton, some 9 miles south of Newark and took on more staff..

The £13 million development at Fernwood, comprises two phases by Cheshire based commercial developer Gladman Developments and is known as Millgate Court and Abbott Court which will form part of the £50M 38 acre (15.4 Hectare) Fernwood Business Park, a development by Strawsons Property.

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Adrian Bower, a senior surveyor with Hodgson Elkington LLP, Lincoln has taken over the reins of the local RICS (Royal Institute of Chartered Surveyors) Committee for Lincolnshire.  He succeeds Paul Cooper of CJM Asset Management based in Scunthorpe.

“I am looking forward to being in office, and hope to speak to many of my fellow professionals along the way. The role is challenging in that RICS surveyors operate in a widespread county in a variety of disciplines, from agency, management, rural, environmental to name a few,” said Adrian.

“While there is no denying that many professions have been hit with the current economic climate, there are certainly a number of exciting projects happening within Lincolnshire.  These include developments and opportunities across the county in areas such as: Humber Gateway, the development of Teal Park, Lincoln, Numerous development in Uphill, Lincoln along with the regeneration of Sleaford and improvements in Boston, Spalding and Bourne.

“It is a credit to the member in the profession that while the climate is tough, they are working closer with their clients and related professionals to find the markets, schemes, developments and services for their businesses” said Adrian.

One of the further aims for this coming year will be to have a stronger working relationship with other professionals including solicitors, accountants, bankers, councils and many others, as this can only be of benefit to the clients.

Adrian’s role and the role of the Committee will mainly focus on organising Continued Professional Development presentations and visits, liaising with the regional Board for the East Midlands and organising such events as the Annual RICS Dinner.

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A landmark Lincoln pub, the Peter De Wint, has been sold to the Bury St Edmunds based brewing group, Greene King.

“There was strong competition for the opportunity to acquire this pub which is very well placed for serving the Moorland Avenue community and general catchment trade of the south western quarter of the city and North Hykeham,” said Stephen Bradford, partner at Hodgson Elkington LLP, chartered surveyors who was responsible for the transaction acting on behalf of Enterprise Inns. 

“At a time when a lot of pubs are closing it is refreshing to be able to announce a fresh opening,” added Mr. Bradford.

Hodgson Elkington LLP has also just brought to the market the Reindeer Hotel on lower High Street, Lincoln, again on behalf of Enterprise Inns. 

“Whilst marketing has only just commenced there is already a reasonable level of interest in the property and we remain confident of securing a sale in the near future,” said Stephen Bradford.

The property is offered for sale on an untied basis offering potential for alternative uses, redevelopment or a continued pub/ restaurant use.

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A new St Barnabas charity shop with a difference, the seventh in Lincoln and the twenty second in Lincolnshire, will open at 265 High Street on 8 October.

This follows the letting by Hodgson Elkington LLP, chartered surveyors of the newly refurbished building occupying a prominent corner position at the junction of upper High Street and St Martin’s Lane and formerly occupied by Giovanna Couture.

“Customers will be able to visit ‘The Attic’, a second floor room which will be dedicated to vintage and retro goods for sale, which is a new venture for St Barnabas,” said Phil Brandon, the charity’s commercial manager.

The new shop will be staffed by a manager and deputy manager and team of volunteers.

“We very much welcome St Barnabas to this property, it adds further strength to their portfolio of retail properties within Lincolnshire and hope it contributes to generating additional funds for their charitable cause” said Matthew Johnson of Hodgson Elkington.

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A leading Lincoln based chartered surveyor has backed calls by The British Property Federation which has launched a nationwide petition for the Government’s Empty Property Rates hike to be scrapped.

Dubbed the bombing Britain tax by the property industry, empty property rates leaves full business rates on unoccupied offices, shops and warehouses and has lead to millions of square feet of property being demolished since its introduction.

Sam Elkington, senior partner at Hodgson Elkington LLP, the Lincoln based chartered surveyors believes it is vital that the tax threshold on properties with a Rateable Value from £2,600 estimated to cost businesses £400 million this year, is scrapped in order that the much needed boost to the economy can begin.

“This unfair tax is potentially a real problem for commercial property owners.  Not only are landlords having to find occupiers for their vacant properties which carry the costs of holding the property to maintain its security, repair and possible improvement to make it attractive to tenants, they also now have to pay vacant business rates.  Having a lower threshold of £2,600.00 basically catches the majority of commercial property throughout Lincolnshire,” said Sam Elkington.

“There can be no incentive for developers of new property to speculatively build property and try and kick start the economy again if they know that they will have to pay Vacant Business Rates once the premises are completed and no occupier is ready to take possession.

“It is a really short sighted extension of a tax that will undoubtedly affect the recovery of all sectors of the commercial world be it industrial, office or retail,” said Mr Elkington.

Hodgson Elkington and others in the property sector have signed a petition calling on the Coalition Government to scrap the £2,600 tax threshold and reinstate the £18,000 RV threshold under which Empty Property Rates are not payable for a maximum of two years.

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Work is progressing well on a project to build a new Travelodge hotel at Loughborough Wharf.

The development, being carried out by H2O Urban, a nationwide joint venture company between British Waterways and developer ‘Bloc’, is on schedule and plans are being made to ensure the site becomes a thriving gateway to the town.

The 87 bed hotel, with ground floor commercial space, will complete the redevelopment of Loughborough Wharf which has already seen the development of student accommodation, restaurant units, improved boating facilities and an attractive public plaza area.

Hodgson Elkington and Tushingham Moore chartered surveyors have been appointed to market the three ground floor retail units available within the development. It is anticipated that, once full, the units have the potential to create another 30 jobs on the site in addition to the 30 planned at the Travelodge.

Stephen Bradford from Hodgson Elkington LLP said; “Interest has already been received from occupiers on both a local and national level, the main focus is to bring forward a variety of restaurant users to this exciting new location.”

Richard Thomas from H2O said; “Works are continuing well both on site and behind the scenes to attract appropriate businesses that will really add to Loughborough’s waterside. The three ground floor retail units enjoy an enviable waterside location just a stone’s throw from the town centre so our agents are expecting significant interest. I hope the local community will be able to see Loughborough’s only waterside development really start to take shape over the coming weeks and months.”

Alan Oliver from Travelodge said; “We are looking forward to opening the new Travelodge providing new jobs all of which will be recruited locally. We have been looking to open a hotel in Loughborough where there is a lack of places to stay. Room rates will start from £20 per night and we look forward to being open ahead of the Olympics and when Team GB will be training in the town.”