Oak House, a detached office building of approx. 7,300 sq. ft located in St Peter’s Street, Colchester has been sold to Developers for conversion into a residential use. Planning Consent has been obtained under PDR (Permitted Development Rights) and the Developers will be commencing works in the very near future.
UK Media, who occupied the premises, have relocated to new offices on North Hill.
LB Group, a Top 75 firm of Chartered Accountants, have relocated their Colchester office into the prestige ‘Octagon’ office building. The second floor suite totalling just under 5,000 sq. ft has been totally refitted to provide a mix of open plan and partitioned accommodation.
Paul Mustoe, LB Group Tax Director, said, “The Octagon provided us with the ideal location, within equal walking distance of the Town Centre and Colchester’s North Station. Our suite has been fully refurbished and we are looking forward to working with all our team on one floor. With an adjoining car park and onsite café, The Octagon provides us with ideal new office premises.”
Jeremy Newman, Director of Newman Commercial, said, “It has been a pleasure working with LB Group on this particular transaction and we wish them every success with their continued expansion in the future.”
For further information on available office suites at The Octagon please contact Newman Commercial, Tel: 01206 854545.
Acting as behalf of C-Wind Limited, Newman Commercial have let a stunning, modern detached office approx. 6,795 sq ft to rapidly expanding healthcare provider, Healthcare Homes Limited. C-Wind have expanded in to larger premises in Chelmsford and are now part of the Global Marine Network. The move will allow Healthcare Homes expansion for growth of their business in the future.
Acting as sole agents Newman Commercial have recently let the ground floor of Tintagel House, London Road, Kelvedon to specialist surveyors Geocurve.
The impressive office, which totals approximately 2,245 sq ft (208.6 m²), is fitted out to a high standard providing a mix of open plan and cellular office space with glass partitions, kitchenette facility, A/C and carpeting. There is also ample of site car parking spaces and excellent A12 access.
Townsford Mill, a substantial Grade II listed building set across the River Colne in Halstead, has been sold to a Cambridge based Developer. The Mill, currently let as an antiques centre, offices and various retail units is a popular tourist attraction and picturesque setting within the market town of Halstead.
Jeremy Newman, who handled the sale said, “This has been a most interesting building to have been involved in and we wish the new purchasers all the very best with their plans for the future”.
Newman Commercial have just completed two lettings at Conder Way, Colchester. Conder Way is located on Whitehall Industrial Estate and consists of eight detached industrial units ranging from 1,255 sq ft to 14,400 sq ft with occupiers including Healey Tool Hire, Europcar and Nash Homeworks.
Unit 8, approx. 4,855 sq ft, has been let to Indespension who specialise in trailers, cycle carriers, tow bars, fitting, hire and servicing.
Unit 5, approx. 1,255 sq ft, has been let to Zucomo Ltd, an online retailer, who is relocating from Braintree.
Newman Commercial, acting on behalf of private landlord's, have recently completed the letting of 39 Heckworth Close, Colchester to CrossFit Colchester who will be relocating from the Cowdray Centre. The building is circa 7,000 sq ft, detached and with ample car parking, and is well located on the popular Severall's Park estate which benefits from excellent A12/A120 access.
We understand CrossFit Colchester are due to open from the 1st April 2017.
Acting on behalf of local investment company, Newman Commercial have sold a prominent town centre Retail/Office property. The premises prominently located in Head Street comprises of two ground floor shop units with two storey offices above. Jeremy Newman who handled the sale said “We were pleased to achieve substantial interest in the premises which were eventually sold to an independent London investor.”
Newman Commercial are pleased to report the recent lettings of 807 and 809 Oakwood Business Park, Clacton-On-Sea, Essex.
Unit 807 totals approximately 2,560 sq ft and has been let to Crown Paints on a new ten year lease term.
Unit 809 is approx. 3,800 sq ft and has been let to Electric Center (part of the Edmundsons Group) on a new ten year lease.
Oakwood Business Park is a new development of nine units providing a mix of terraced and detached accommodation built to a very high standard. Other tenants on site include; Jayar Car Parts, Anderson Products, Gardenature, Colchester Dairy, iDeliver Group and Moving Places Removals.
Newman Commercial are pleased to report that they have carried out two major office lettings at the prestige office development Phoenix Square, located on Severalls Park close to the A12 / A120 interchange. The offices have generous parking and an onsite health and fitness centre and children’s day nursery. Both offices were fully refurbished by landlords to include; LED lighting, air conditioning and new carpeting throughout.
Suite 3 of 4,927 sq. ft with 21 car parking spaces was let to pensions advisor O & M Solutions, who have expanded from their original base at Kings Court.
Suite 2 was let to Landscape Planning Group. This office totalled 1,662 sq. ft and had 10 car parking spaces on site.
These two lettings reinforced the popularity of Phoenix Square as a preferred location for high quality offices in Colchester.
A former Barclays bank, located in a popular neighbourhood retail parade on St Christopher Road, St Johns, Colchester, has been let to Greggs plc. Adjacent occupiers include Tesco Express, Lloyds Bank, Day Lewis Pharmacy, Martins Newsagents and Ladbrookes.
Michael Moody, Associate Director of Newman Commercial, who handled the letting on behalf of the landlord commented; ‘The property received subsantial attention but terms were very swiftly agreed with Greggs and solicitors were instructed before Barclays had vacated’.
Kevin Taylor, Taylor & Associates who are based in Norwich, acted on behalf of Greggs plc, said ‘Greggs are continuing their expansion and now have circa 1,700 shops across the country and are looking for more in 2017. This will be their third branch in Colchester with opening anticipated early in the New Year.
Newman Commercial have recently completed the letting of Unit C, a 7,300 sq. ft (678 m²) warehouse unit, at the Caxton Court development on Severalls Industrial Park to Distinctive Wholesale Ltd. They join DHL who moved on to the site earlier in the year.
Distinctive Wholesale an expanding local company that specialise in the supply of Onyx Designer Radiators. They are currently based in Colchester and they are expanding their operations within the town.
Jeremy Newman, who handled the letting on behalf of the landlord commented; ‘Caxton Court suits Distinctive Wholesale well as they were looking for a well-connected and high quality building to act as their main storage and distribution hub. Caxton Court has recently undergone an extensive refurbishment programme and is located at the entrance to Severalls Park with excellent access to the A12/A120’.
Acting on behalf of a regional property investment company, Newman Commercial have agreed terms for a modern detached industrial / warehouse on Severalls Industrial Park, to be leased to national electrical wholesalers, Yesss Electrical.
Yesss Electrical will be carrying out a full refurbishment of the premises over the next few months to create a new Trade Counter, Offices and Stores area.
A prestige industrial/warehouse unit at 3 Crown Gate, on Severalls Park, which totals approximately 12,700 sq ft (1,180 m²), has been LET by Newman Commerical. Having undergone a full refurbishment the unit is of high quality and benefits from a large forecourt providing car parking and an unloading/loading area, two storey offices with kitchenette, and a large clear span warehouse with two full height loading doors.
Peach Guitars Ltd, who are relocating from the Cowdray Centre, have completed a new long term lease. Michael Moody, Associate Director of Newman Commercial, commented ‘The unit ideally suits Peach Guitars requirements and will provide them with an excellent environment to continue the expansion of their business.’
Alan Priest, Managing Director of Peach Guitars Ltd said ‘we are delighted to have been able to agree terms on this unit. This relocation will enable us grow our business and become the largest specialist Guitar centre in the UK. We hope to be open at the end of November’.
Acting on behalf of local developers, Crown House Homes, Newman Commercial have acquired the freehold interest of Equity House, a 50,000 sq. ft office building, with 171 on site car parking spaces. Located directly adjacent to Colchester’s North Station, the building has previously been occupied by Equity Insurance who are relocating out of the town. Crown House Homes intention is to convert the building under permitted development rights into high quality residential flats / apartments.
Acting as Joint Sole Agents for Colchester Borough Council, Newman Commercial have agreed the sale of a prime 2.5 acre level site on Axial Way to Lookers Land Rover. Lookers have obtained planning consent for a new Land Rover dealership and are due to commence construction on site in the near future. Land Rover will be joining Toyota and Volkswagen who already occupy premises close by.
The new North Colchester showroom will replace Lookers’ existing facility at Cowdray Avenue to help meet Land Rover’s consistent increase in popularity and demand. The deal ensures the retention of 51 jobs, with the potential for further skilled employment in the future.
Jeremy Newman, Managing Director of Newman Commercial, who advised the council on the sale, commented, “We are delighted to have been able to agree a sale with Lookers on this strategic development site at Colchester’s Northern Gateway and look forward to the opening of their new Land Rover franchise in 2017.”
Newman Commercial have let 5 The Courtyards, Phoenix Square, Colchester to Stanfords.
This ground floor office, totalling approximately 1,705 sq ft, has recently been refurbished and benefits from an open plan layout, kitchenette, air conditioning and on site car parking.
Further requirements can be accommodated on site at Phoenix Square with Suite 3 currently being to let with occupation available from early 2017. The office totals nearly 4,930 sq ft and is mainly open plan with a mix of partitioned offices, meeting room, kitchenette/staff room, comms room and a store room. For further information click here.
Acting on behalf of Pertwee Estates Limited, Newman Commercial have sold the Lodge Park Office complex. The Pertwee Group originally developed the offices for their own company use in the early 1980’s, but over the years this had developed into a well-established, well known and popular serviced office centre. The offices totalling approximately 32,000 sq ft are located in landscaped grounds of approx. 4.2 acres on the outskirts of Langham close to the A12 dual carriageway. New purchaser’s intentions are to continue to run Lodge Park as a serviced office centre.
6 Tollgate Business Park, Colchester has been let to Financial Advisors, Charles Derby.
Tollgate Business Park is development of impressive and prominent office buildings located close to Sainsbury’s, Chiquito, Frankie and Benny’s and Costa Drive Thru. No.6 totals approximately 1,695 sq ft (157 m²) and features an impressive double height ceiling, air conditioning, kitchenette, meeting room and excellent on site car parking.
894/896 The Crescent is a high quality office building located on the popular and prestigious Colchester Business Park. The offices totals approximately 4,390 sq. ft and has been Let to Titon Limited who have relocated from their original offices in Peartree Road Colchester.
Newman Commercial have sold the well-established former Robertos wine bar in Crouch Street which has operated for over twenty five years. The property is very well presented and fitted out to a high standard to include two bar areas and an impressive rear atrium. The new owners will shortly be re-opening the property as Stock & Bailey Wine Bar.
Michael Moody, Newman Commercial, who handled the sale commented, “Crouch Street is a very popular and well regarded location and we were pleased to have been able to offer this rare opportunity to acquire a high quality building on a freehold basis. We received substantial initial interest and were able to complete the sale within just three months of the property being placed on the market’’.
Newman Commercial have recently completed the letting of two substantial office suites, totalling approx. 10,000 sq. ft (929 m²), at Wellington House, Butt Road, Colchester. The suites have been let to National Insurance Company iGO4 who are relocating from Equity House, Colchester which is currently being sold for redevelopment.
Michael Moody, of Newman Commercial, commented, “since being involved with Wellington House over the last twelve months in excess of 30,000 sq ft of office space has been let which now sees the building nearly fully occupied. Only a few suites, from just 110 sq ft to 1,600 sq ft, remain available to let on flexible terms.’’
Acting on behalf of Scandia Refrigeration Ltd Newman Commercial have sold 3 Brunel Road, Clacton-On-Sea. The detached unit totals approximately 12,110 sq. ft with additional mezzanine floor providing a further 5,000 sq. ft. The unit has been sold to a private investor with a tenant already poised to take occupation.
On behalf of a major London based pension fund Newman Commercial have agreed a letting of a prestige detached office building totalling 6,345 sq. ft on two floors at Charter Court, Newcomen Way, Colchester to expanding Facilities Management company Cloud FM Integrated Services.
Jeremy Newman who handled the letting said, “We are delighted to be able to agree terms with Cloud FM on this superb office and hope that it allows them to continue their rapid growth within the local area.”
One of the largest office lettings to occur within Colchester for a number of years has just completed. Aspen House, a prominent two storey office of approx. 12,750 sq. ft, located on Severalls Business Park has been taken by the North East Essex Clinical Commissioning Group who have relocated from offices next to the General Hospital.
Newman Commercial have let Unit 10a at the ever popular Westside Centre, London Road, Stanway to Serco Ltd. This industrial / warehouse unit totals approx. 6,200 sq ft (575.7m²) and benefits from being predominantly open plan with a two storey office block including facilities and ample car parking/ loading & unloading areas.
Newman Commercial acting on behalf of private clients have let a 5,750 sq. ft office building within Colchester Town Centre to local accountants, Whittles. The office has three floors proving a mix of open plan and cellular accommodation with 12 on site car parking spaces. Instructions were received from clients in April, terms agreed and solicitors instructed in May and completion of the lease occurred in June. A happy client and an impressed tenant.
1 Stephenson Road, Clacton On Sea, a warehouse unit totalling approximately 17,550 sq ft (1,630m²) has been let to Frutarom who are expanding their current operations on Gorse Lane Industrial Estate, Clacton-On-Sea.
Unit 2 Easter Park, Axial Way, Colchester has been let to Ransome Engineering Services Ltd.
The detached unit totals approximately 13,150 sq ft (1,222m²) and has recently been refurbished throughout and benefits from parking, impressive two storey offices and a warehouse with two loading doors.
A prestige detached office building totalling just over 5,000 sq. ft on Colchester Business Park has been Let to Consulting Engineers The Richard Jackson Partnership, who are relocating their business from Hadleigh, Suffolk.
A well presented and air conditioned first floor office suite, which has recently been fully refurbished, has been let to Total Merchandise. The office is located within the Centre Building on Colchester Business Park and totals approximately 3,500 sq. ft and benefits from 20 on site car parking spaces.
Acting on behalf of Suffolk Mental Health NHS Trust, Newman Commercial with joint agents Savills, have sold a 31 acre former hospital located within Central Ipswich to a National Developer for a substantial new residential scheme.
Brooms Barn in Feering, a high quality office with immense character converted from an original barn, totalling approximately 3,400 sq ft with 25 on-site car parking spaces has been sold on behalf of clients to a specialist petrol filling station contractor. The office has fantastic countryside views yet is within 1.5 miles of the A12 and A120.
Acting on behalf of private clients Newman Commercial have let a 4,000 sq ft unit to Screwfix. The unit is situated on the popular Severalls Business Park, Colchester which is adjacent to the A12/A120 interchange. Nearby occupiers include; Edmundson Electrical, Motor Parts Direct, Western Automation and Central Tyre.
Newman Commercial, acting on behalf Landlords, Action manor Ltd, have recently completed the letting of two office suites, totalling approx. 10,000 sq. ft (929 m²), at Wellington House, Butt Road, Colchester to local specialist motor claims operation Managed Fleet Services (MFS).
Ian Blackford of MFS commented “We were drawn to Wellington House due to its central location and versatile - well-presented open plan floor layouts. The new office is located in the centre of Colchester with good access to road and rail links and will help strengthen our focus on providing a localised service to our London-based clients as well as aid ongoing recruitment in the company. This move represents the ongoing and steady growth of MFS as it continues to make its presence felt in the UK motor claims arena by providing unrivalled first class services to its ever expanding portfolio of customers.”
Michael Moody, of letting agents Newman Commercial, commented, “Wellington House has recently undergone a refurbishment programme, to include both internal and external works, which has seen the quality of the accommodation raised and has subsequently resulted in a flurry of recent lettings totalling around 17,500 sq ft (1,347 m²) over the last couple of months.”
Omar Pabani, of Actionmanor Ltd commented, “This is big step in the right direction for Wellington House and everyone associated; it is a momentous occasion and marks the start of an exciting journey- one that will no doubt serve as a catalyst in attracting high quality tenants.”
Wellington House is centrally located with substantial onsite car parking, excellent public transports links, a public car park directly adjacent and is only a five minute walk from the town centre. Further office requirements from 150 sq ft up to 20,000 sq ft can still be accommodated on site with rents from just £9 per sq ft for refurbished offices. For further information click here.
Newman Commercial have agreed a new letting to DHL International, a major worldwide company with representation in over 220 countries.
DHL have signed a new lease on a 33,000 sq. ft warehouse at the newly refurbished Caxton Court development on Severalls Industrial Park, Colchester.
A fully refurbished 17,000 sq ft (1,580 m²) warehouse has been let to Booker Ltd for a cash and carry. The unit benefits from 67 car parking spaces and is prominently located at the entrance to the Gorse Lane Industrial Estate, Clacton-On-Sea.
Acting upon instructions from Telereal Trillium Newman Commercial have successfully handled the surrender of their clients leasehold interest at Greytown House, 138 High Street, Colchester. The prominent 12,000 sq ft Town Centre premises was formally occupied by the Job Centre who have since relocated to Chapel Street South, Colchester.
Acting on behalf of Joint Fixed Charged Receivers, we have sold the freehold interest of a substantial 27,000 sq, ft Ipswich Town Centre Office building. The new purchaser intends to carry out a refurbishment and upgrading of the existing accommodation.
For further information on available premises or to confidentially discuss your property requirements, please contact Newman Commercial on 01206 854545.
Acting on behalf of private clients Newman Commercial have sold the long leasehold investment of an 18,300 sq ft office building located on Colchester Business Park. The substantial headquarters office building is let on a 15 year FRI lease, to Care UK Plc, with five yearly upward only rent reviews.
Newman Commercial, acting on behalf of clients, have let Technology House on Haven Road, Colchester to Anytime Fitness. The building totals approximately 7,725 sq ft (718m2) and is prominently located at the Hythe redevelopment area near Whitehall Industrial Estate.
The gym is currently being fitted out and is due to launch November/December. This will be the second Anytime Fitness Gym in Colchester. Newman Commercial previously handled the letting of gyms to Top Notch, LA Fitness and Bannatynes within the town and so continue their run of leisure lettings.
Newman Commercial, acting on behalf of the Chameleon Group, have let Chameleon's office and warehouse in Brunel Way, Severalls Park to UK Power Networks. The premises totals approximately 19,000 sq. ft, including 150 car spaces, and benefits from a self-contained yard of circa 0.75 acres.
Acting for McDonalds Restaurants Newman Commercial have acquired a 1 acre (0.44 Ha) site to the rear of the BP service station adjacent to junction 28 of the A12 in Colchester. The building works have now been completed and the restaurant is trading.
The premises, previously occupied by The World of Leather, have recently been fully refurbished by the landlord, Corporate Investments. It is a detached building totalling approximately 11,800 sq. ft, situated on a self-contained site, directly opposite the Homebase DIY store.
Magnet will be relocating from their existing store in Old Heath Road. The new building provides them with much needed expansion space and greater exposure to the market within Colchester.
Newman Commercial is pleased to report that Provide, a community interest company, has signed a new ten year lease at 900 The Crescent which is a 17,900 sq ft detached office building with excellent on site car parking and exceptional training facilities. Provide delivers integrated health and social care services across Essex, Cambridgeshire and Peterborough. The company employs around 1,100 people and serves communities with a total population of 1.9 million people. This is a relocation from their current bases in Maldon, Chelmsford and elsewhere.
Phillip Richards, Finance Director, of Provide said: “The reason we chose Colchester Business Park was for its central location in the Eastern region, it’s excellent on site facilities and the easy access to the A12/A120.”
A substantial five storey office buidling totalling approx. 18,400 sq ft, located in Carnarvon Road Clacton On Sea, has been sold on behalf of private clients. The office, previously occupied by the Inland Revenue, has been purchased by a local developer.