Property consultancy FHP has announced a major new addition to its team

The firm’s Pride Park operation will be joined later this year by Tim Richardson, a well-known figure in the expanding Derby market.

Tim becomes an Associate Director of FHP and whilst presently based in Nottingham he will move over to lead the Derby operation at a stage when the City is rising up the rankings of business destinations as Inward Investors seek to capitalise on its status as a global centre for advanced engineering.

His move to FHP is the latest step in a 20 year career in commercial property that has seen him work for both national and local agencies. After qualifying as a Chartered Surveyor in 1996 he spent seven years within the industrial and business space department of LSH at their Northampton office dealing with industrial and logistics property and being part of the renowned team winning the annual national Property Week Industrial Agency Team Award three times.

Having been brought up in Derby, in 2003 he decided to return to his roots, following in the footsteps of a long line of Richardson industrialists and businessmen in the City. He has an in-depth knowledge of the Derby market, having been based in the City Centre for the past 11 years, and has been responsible for a number of prominent lettings and investment deals.

They include the sales of Ecclesbourne Park Industrial Estate at Alfreton and Prime Industrial Park in Derby. Tim also secured the sale of the 60,000 sq ft Midland House to the Department for Education, advised on the acquisition of 70,000 sq ft headquarters at Sinfin for Daher Aerospace and the letting of 72,000 sq ft of warehousing at Hilton as well as providing strategic property advice for a number of public bodies.

Speaking about his decision to join FHP, Tim Richardson said:-
“Derby is a global centre of excellence in aerospace, automotive, rail and high technology engineering. These sectors and their supply chains are the engine room behind the growth in the City. But on top of that there is evidence now that Investors are looking for strong opportunities in the UK regions – Derby is one of them. The City has great plans for continued regeneration and the Local Authority is one of the most proactive in the Country, pushing ahead with schemes to attract more people back into the City Centre, improving the leisure offer and promoting industry.
Going forwards, the Derby market will to continue to be a target City for investment, both locally and increasingly from outside of the region. The economy is now growing significantly and the city is in a very strong position to capitalise on this”.

He added:-
“Joining FHP is going to give me a chance to help Clients make the most of those opportunities. It is an ambitious, well-resourced business with a track record of innovative thinking for Clients and a great team. FHP are market leaders winning EGi Regional awards in 2012 and Deals winner for Derbyshire in 2013. FHP also have a very strong retail team and presence with major flagship instructions such as Intu Derby. I am looking forward to joining the office in December and working alongside Mark Bradley, Adam Wilson, Laura West and Georgia Crapper and building upon the great reputation they have in the area.”