Category: Acquisition (6)

New home for charity as Nottingham agents team up to seal office deal

A vital Nottingham charity has bought new office premises after a deal brokered by city property specialists  Musson Liggins and NG Chartered Surveyors.

RSPCA Nottingham & Notts has moved into 7 Farrington Way on Eastwood Link Office Park in Nottinghamshire. The unit provides almost 2,000 sq ft of open plan office space.

The charity had been looking to source alternative fit for purpose branch premises for some time.

Kerry Grinrod, Chair, said: “We believe that the new premises at 7 Farrington Way, Eastwood align well with our long- term objectives.

“The move will enable the Branch to evolve and thereby fulfil its strategy for enduring sustainability in the interests of animal welfare.

“The collaborative efforts of both Richard Sutton at NG and David Bladen of our retained surveyors Musson Liggins, enabled a swift deal to be achieved on mutually agreeable terms.”

Charlotte Steggles of NG Chartered Surveyors, added: “This is a fantastic deal for our vendor client and for the charity.

“RSPCA Nottingham & Notts carries out vital work in the field of animal welfare, and so it’s particularly pleasing to be involved in a transaction that will make a real difference. We wish them well in their new office space.

“The deal also goes to show that the out of town office market is still thriving and that proactive vendors, with our help, will always prove popular with prospective buyers.”

David Bladen, director of Musson Liggins, who acted for RSPCA Nottingham & Notts added: “It has been a pleasure assisting such a fantastic charity and helping them acquire a new office. We have found them the perfect home to continue their great work. It is not always straightforward buying premises in a competitive market and we are pleased to have been able to secure a suitable property for the RSPCA through our market knowledge, connections and expertise in commercial property.

“We now have the task of selling the RSPCA’s previous premises on Radford Road, which is under offer after two weeks of marketing following significant interest.”

SUBSTANTIAL DISTRIBUTION BUILDING ACQUIRED FOR EXPANDING COMPANY IN CASTLE DONINGTON

Acting on behalf of long retained Client, Medstrom, Matthew Liggins of Musson Liggins has concluded the acquisition of a unit on Hawthorn Road off Trent Lane in Castle Donington of just under 25,000ft². Medstrom is a leading supplier of specialist hospital beds and bed management services to the NHS. Tim Gilbertson of FHP acted on behalf of the Landlord, Pullan’s of Yorkshire.

This latest transaction in Castle Donington sees more success in this always sought after location which benefits from excellent transport links to the M1, East Midlands Airport and the East Midlands main cities of Nottingham, Derby and Leicester.

This detached warehouse set on a good sized site created substantial interest from the off and a deal was quickly agreed between Matthew and Tim.

Matt Liggins commented:

“I am very pleased that we have been able to secure this acquisition for Medstrom in a highly competitive market sector and location. Having acted for Medstrom for many years it is personally rewarding to be associated with their continued development and success.”

Tim Gilbertson who acted for Pullan’s commented:

“I had previously let this building for our client some years ago and was delighted to see it become available again as I knew it would immediately fill a hole in the market for good quality warehouse space in the region.

Strong interest was received from our targeted marketing from the word go and it was great to agree a deal with Matt Liggins acting on behalf of Medstrom having previously let them other space area some years before.

Their continued growth is impressive and I am sure this building will serve them well for the future.”

If you are looking for industrial space in the East Midlands Area, please do not hesitate to contact Musson Liggins’ Industrial Space Department.
email: mal@mussonliggins.co.uk

Musson Liggins acting jointly with Savills have secured new owners for Abbott Hall Hotel in Cumbria and Lindors Country House Hotel in Gloucestershire. Acting on behalf of Christian Guild Hotels, a sale was achieved to Carlauren Group for a figure in excess of the £2.9 million guide.

Matthew Liggins who handled the Sale commented that “this was an excellent result for our client and the assistance provided by the team at Savills was invaluable.”

Matthew Liggins has sold a small piece of “England’s green and pleasant land” to a very discerning purchaser.

“Our client was delighted to have passed this over to the buyer…a project which has provided him with an immense amount of pleasure over many years.”

Musson Liggins acting on behalf of Woodward Veterinary Practice as property consultants have assisted with the acquisition of land and the development of a ‘STATE OF THE ART’ facility now open at Ivanhoe Business Park, Smisby Road, Ashby de la Zouch, Leicestershire, LE65 2UZ.

The veterinary surgery includes 5 consulting rooms, a large reception and waiting area and substantial car parking.

It had a been an ambition for many years to move the established practice into purpose built premises with modern facilities for patients, clients and staff, providing improved access and parking whilst remaining as an independent business.

Musson Liggins acquired the land and provided monitoring throughout the project development.

The development completed in early 2017.

Matthew Wade of Musson Liggins acquired offices for Agrovista UK Limited and comments:

“We are delighted to have secured a new lease on behalf of Agrovista at the Nottingham Science Park. Location, flexible work-space and parking provision were very important to the client, factors which made Rutherford House the preferred choice.”

Agrovista are one of the leading crop-protection companies in the UK and employ over 150 agronomists providing advice to professional farmers and growers. The business not only serves the broad-acre arable market, but also fruit, vegetable, protected crop and amenity clients across the UK. The company has a national network of 20 depots servicing all sectors of the market and all corners of the UK.

Chris Clayton, Agrovista Managing Director adds ” Our existing premises could no longer provide the flexibility our company needed to support the business going forward. Rutherford House gives us the opportunity to create a new, flexible head-office utilising the latest technology and creating a more open and more vibrant working environment for our staff.”