KBW has successfully completed the sale of Unit D1 Severn Drive.
A great effort by Team KBW as Richard Knightley, Steven Wood and Stephen Hemmings successfully completed Ride London 2017!! They were cheered on all the way by our firm’s chosen charity, Wellchild, which laid on a picnic in Green Park afterwards. 150 Wellchild riders took part, raising lots of sponsorship money for the charity.
KBW is instructed to market 45-49 Clarence Street, which is positioned prominently within Cheltenham’s cultural quarter, subject to a lease to The Boston Tea Party Group Limited. Full details available here – 45 49 Clarence Street Cheltenham FINAL
KBW has been instructed to market Unit 9 Pegasus Centre at Gloucester Business Park on a new lease. Further details here – Unit 9 The Pegasus Centre Gloucester Business Park
KBW has successfully negotiated a new lease of Hadley House, Bayshill Road. Terms were agreed with the new tenant, cyber security experts Axonex, within days of the property coming to the market. KBW agreed terms on behalf of the landlord, a private pension fund, and also coordinated & managed dilapidation works with the outgoing tenant.
Rifina Co Ltd, Gloucestershire’s leading independent electrical wholesaler, has completed a new lease of Unit 8A Apollo at Olympus Business Park. KBW agreed terms for the new lease on behalf of the landlord, Best Western Enterprises. The unit in Quedgeley represents Rifina’s fourth unit in the county, adding to depots in Cheltenham, Tewkesbury and Cirencester.
KBW Chartered Surveyors celebrated its 10 year anniversary with a night of fun and entertainment at Pittville Pump Room.
Around 150 guests from local and national firms enjoyed drinks and canapes and a fun casino, which raised a lot of money on the night for the firm’s charity partner, Wellchild. Like KBW, Wellchild works nationally but has its head office in Cheltenham. Prizes were awarded for the top three players.
Guests were entertained by live music from local rock and pop covers band, The Chip Shop Boys.
Richard Knightley, one of the Senior Directors at KBW, said ‘We have enjoyed a very successful first 10 years thanks to our valued and loyal clients, hardworking staff and supportive families. It is great that so many were able to join us to share in celebrating this milestone.’
Unit 2 325 Bristol Road, Gloucester is available on a new lease. Details here – Unit 2 325 Bristol Road Gloucester
KBW has been instructed to market Unit 6, 22 Morris Road, London. An assignment of the A2 lease is available, with a premium sought to include the lease, fit out and fixtures and fittings. Further details available here – 22 Morris Road London
KBW has successfully agreed the investment purchase of 15-21 Clarence Street, Cheltenham. The property is let to Wetherspoons on a long term lease. Further details here – http://www.gloucestershirelive.co.uk/not-such-a-cheap-round-cheltenham-town-centre-pub-is-sold-for-3million/story-30233293-detail/story.html
KBW has been instructed to market a new lease of the ground floor restaurant accommodation at 108 Winchcombe Street in Cheltenham. Further details available here – 108 Winchcombe Street Cheltenham
Acting on behalf of client The Walker Pritchard Partnership, KBW has agreed terms for a new lease of The Long Barn at Tewkesbury Business Park. The Long Barn is part of the popular Courtyard office development on Severn Drive and is now the new home of tenant CAD-MAN-DO Design and Draughting Solutions.
KBW has agreed the sale of Units 6 & 7 Kingsway Local Centre to the owner and proprietor of the convenience store in the adjoining Unit 5. The convenience store will move next door into Units 6 & 7, with a self service launderette added to Unit 5. KBW agreed the sale on behalf of developer Robert Hitchins.
KBW has been instructed to market Hadley House, Bayshill Road on a new lease. Occupying a prime position on the popular Bayshill Road, the detached office building includes a mixture of open plan and cellular accommodation with the benefit of on site parking. Further details available here – Hadley House Bayshill Road Cheltenham
KBW has been instructed to market restaurant premises at 45 Winchcombe Street, Cheltenham, which is currently undergoing a significant refurbishment. Interested parties can find further information here – 45 Winchcombe Street Cheltenham
KBW has been instructed to market 32 Cambray Place, Cheltenham on a new lease. The shop is situated in close proximity to the town’s High Street where a new John Lewis department store is currently under construction. Further details here – 32 Cambray Place Cheltenham
Unit R1 Kingsditch Trade Park has been let to vehicle body and scratch repair specialist Chips Away. The letting, agreed by KBW on behalf of landlord M&G Real Estate, leaves only one vacant unit on the Cheltenham estate; Unit K. Details for Unit K can be found here – unit-k-kingsditch-trade-park. Please contact Bob Allen for further information.
The new lease of Unit G3 Northway Trading Estate, Tewkesbury has completed following an extensive refurbishment of the unit undertaken by the landlord Edmund Estates. The previous tenant vacated earlier this year and Edmund Estates took the opportunity to refurbish and reconfigure the accommodation prior to re marketing. KBW agreed terms with Oberthur Technologies UK Ltd for the new lease on behalf of the landlord.
KBW has been instructed to market Unit 3 Neptune Business Centre on a new lease. Further details here – unit-3-neptune-business-centre
KBW Chartered Surveyors has been appointed as property advisors to Gloucestershire Airport.
KBW will provide strategic estate and development advice to the airport from its Cheltenham office. It will be responsible for the full range of property services at the Staverton site, including commercial property management, landlord and tenant services, building consultancy and commercial agency services.
KBW was awarded the contract in August, following a competitive tendering process against tough opposition.
Mark Ryan, Managing Director of Gloucestershire Airport, said: “Gloucestershire Airport is delighted to announce that KBW has been appointed as advisors to the airport, following a robust tendering process. KBW will provide professional support to a growing part of the business by helping the airport in areas of strategic estate management, operational commercial property management and development.
“The airport has seen a significant transformation in recent years, with a number of important improvements to buildings and facilities on offer. Property plays an important part in the overall business plan and has a key role to play in the success of the airport. This is a really exciting time for the airport and we are delighted to be working with KBW in helping us deliver our property portfolio.”
Kevin Allen, KBW’s lead client contact for the airport, said: “Whilst KBW provides specialist property services to clients throughout the UK, we have a strong presence in Gloucestershire. This makes it even more rewarding to be successful in securing this prestigious instruction at one of the county’s landmark locations. Mark Ryan leads the excellent Gloucestershire Airport team in the management of the UK’s busiest general aviation airport. It is fantastic that KBW can be a part of that and we look forward to helping the airport achieve its exciting future goals.”
Gloucestershire Airport recently celebrated its 80th birthday and KBW is approaching its 10 year anniversary in spring 2017.
Please find attached link for particulars for The Long Barn within a popular office development at Tewkesbury Business Park – the-long-barn-tewkesbury-business-park
The Courtyard provides both an attractive working environment and strategic position adjacent to J9 of the M5. The Long Barn provides 864 sq ft and is available on a new lease for a term of years to be agreed. Please contact either Bob Allen or Richard Knightley should you wish to discuss further or arrange a viewing.
The sale of a pair of industrial units within a gated yard on Athelney Way has completed. The site was part income producing, with a lease of Unit 1 recently renewed to KL Engineering. Unit 2 is vacant following the recent expiry of a lease to CEF. The site has been purchased by an investor and the sale was agreed by KBW on behalf of a private client.
KBW has negotiated a new lease of Unit 24 Malmesbury Road, Cheltenham to Zefyr Consultants on behalf of Antler Property Investments. There are still leasehold opportunities available on Malmesbury Road; further details available here – Malmesbury Road June 2016
Acting on behalf of Gardiner Shoes, KBW has successfully negotiated a sale of 1-11 Alvin Street, Gloucester. The site became surplus to Gardiner’s requirements when it relocated to purpose built warehouse units at Quedgeley. The Alvin Street site has been purchased by a Cheltenham based printing firm.
KBW has been instructed to market a ground floor office suite in Building A, The Courtyard on Tewkesbury Business Park. The modern, open plan office suite is available on a new lease. Further details here – The Courtyard Tewkesbury Business Park
KBW has been instructed to market Unit C2 Northway Trading Estate on a new lease. Details available here – Unit C2 Northway Trading Estate
KBW has been instructed to market Unit 14 Cheltenham Trade Park to let on a sub lease or assignment basis. Further details here – Unit 14 Cheltenham Trade Park
KBW has agreed a new lease of 73 Church Street, Tewkesbury on behalf of a private client. The grade II listed property provides restaurant accommodation at ground floor with two residential apartments on the upper floors. The new lease has been taken by the proprietors of the Hunters Inn, who will continue to run the Longden based public house in addition to no.73.
Following completion of an extensive refurbishment programme, Unit K at Kingsditch Trade Park is available to let on a new lease. Further details here – Unit K Kingsditch Trade Park 2016
One of the country’s leading tile distributors, Capitol Tiles, has become the latest tenant to join the impressive line up at Kingsditch Trade Park, Cheltenham. Capitol Tiles has completed a new lease of Unit Y3, occupying a prominent position fronting the busy Kingsditch Lane. KBW agreed the letting on behalf of landlord M&G Real Estate.
KBW has been instructed to market the 2nd Flr of 7 Imperial Square, Cheltenham – Full details available here 7 Imperial Square Cheltenham
KBW has been instructed to market 32 Portland Street. Further details available here – 32 Portland Street, Cheltenham
KBW has secured the letting of the upper floor offices at 32 Cambray Place, Cheltenham. The previous lease expired on 24th December 2015, with the new lease completing on 8th January 2016, resulting in the landlord only experiencing a nominal void period of 2 weeks between leases. The new lease has been taken by therapeutic consultation specialist The Practice Rooms. The facility will represent its 6th centre throughout the South West.
New leases of both the ground floor & basement retail unit and self contained upper floor offices have been completed at 17 Pittville Street, Cheltenham. KBW agreed terms with Countrywide Plc for a new lease of the first and second floor offices following expiry of its lease of the entire building. Simultaneously, a new lease of the retail unit was agreed with Grape Tree to enable its relocation from The Beechwood Arcade. In addition to agreeing terms for the new leases, KBW also prepared and oversaw a schedule of dilapidations works which were undertaken by Countrywide Plc.
KBW has successfully negotiated the surrender of its client’s lease of Unit 2B Riga Wharf, Gloucester. Chris Mullins Tyres had relocated into a nearby unit to facilitate a business expansion, with its Riga Wharf unit becoming surplus to requirements. Following a marketing campaign, KBW identified a party which was able to agree terms for a new lease directly with the landlord, thus enabling CMT to surrender its lease with a little over 2 years liability remaining.
KBW has agreed three new leases at Regent Arcade on behalf of client Canada Life. Established ladies fashion retailer, Love It is relocating from Beechwood Arcade into Unit 19, with Intrigue of Stroud, retailing clothes & gifts, taking a new lease of Unit F9. Existing tenant Toys to Grow has taken a new lease of Unit FK24 adjacent to The Bridge Link Cafe.
Campfire Marketing has completed its new lease of the second floor office suite at 49 Promenade, Cheltenham. KBW has been marketing the accommodation on behalf of its client Trust Inns and the completed letting leaves only the third floor suite available. Further details are available here – 49 Promenade new
Having negotiated a new lease of 10 Silverdale Parade, Hucclecote to Papa Johns (GB) Ltd, KBW is instructed to market the freehold investment. Further details here – Silverdale Parade, Hucclecote, Gloucester
Two Cheltenham industrial estates have welcomed new tenants following completed leases. Pooky Lighting has secured the remaining unit at Charlton Kings Industrial Estate, with Elec Excel Building Services completing its lease of Unit I at Churchill Industrial Estate. KBW agreed the lettings on behalf of clients YBS (Charlton Kings I.E) and Cavendish Homes (Churchill).