The office will be closed for the Christmas holiday from 12:30pm Friday 21st December, and will reopen on Wednesday 2nd January at 9am. If you have an emergency relating to a property management issue during this time, please contact Peter Ogden on 07921 106605.
From everyone here at KBW, we wish you a very Merry Christmas!
KBW Chartered Surveyors is pleased to bring to the market this Grade II* listed office building within the heart of Cheltenham. Continue reading
The Commercial Agency team at KBW are pleased to announce completion of a new lease to Wates Construction Ltd at Suite 3 The Courtyard in Tewkesbury. Continue reading
KBW are pleased to announce the letting of the Old School House in popular tourist destination Broadway, to entrepreneurial team with a keen eye for fine art and exquisite taste in jewellery; Broadway Luxury. Continue reading
The village of Prestbury has a new retailer opening this week, Leigh’s Hair for Men. Continue reading
The Commercial Agency team at KBW are pleased to announce that following completion of a new lease for Unit 2, Shannon Point is now fully occupied Continue reading
KBW has successfully completed the sale of Unit D1 Severn Drive.
Tattoo studio Blood and Honey has renewed its lease of Shop 2 at Tebbit House in Cheltenham.
KBW has agreed the assignment of its clients lease of 2A Regent Street, Cheltenham following a swift, successful marketing campaign. Marketing commenced in October 2017, with terms agreed with assignee Santos Payne Ltd before the end of November.
The sale of 45-49 Clarence Street, Cheltenham has completed. Primarily let to The Boston Tea Party Group, but also including the freehold of some upper floor residential accommodation, the building has been purchased by a local investor.
KBW has successfully agreed a new lease of Unit 9 The Pegasus Centre on behalf of a private pension fund landlord. Choice Trade Frames Ltd has taken the new lease, which completed just before Christmas.
The sale of 28 High Street Evesham has completed. A local private property investor has bought the building, which KBW sold on behalf of client Cheltine Limited
The sale of 60 Alstone Lane has finally completed following a lengthy legal process. KBW agreed the sale on behalf of client Best Western Enterprises, with the building being acquired by a private pension fund.
Gloucester based e-cigarette shop Vape Bros has expanded into Cheltenham after completing a new lease on 1A Portland Street. KBW agreed lease terms on behalf of the landlord.
A great effort by KBW staff on Sunday, running the Cheltenham Half Marathon for our charity partner Wellchild. Thank you to all of our generous sponsors and congratulations to Richard, Steve, Kev, Bob and Sarah for conquering the course!
Richard Knightley joined the Operations Team from Gloucestershire Airport yesterday at Air Charter Expo 17 at Biggin Hill to talk to delegates about proposed new hangar, warehouse and office space planned at the airport.
KBW has agreed the assignment of its client Cotswold Panel Products’ lease of Unit 37 Cheltenham Trade Park. The lease has been assigned to Carrylift Materials Handling and enables CPP to relocate to its new, larger facility in Evesham.
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
Former tenant T-MISS Ltd has successfully completed the assignment of its lease of the Former Bakery Stores on High Street, Prestbury. KBW acted for the landlord in approving details for the assignment.
Following receipt of planning consent for a revised residential redevelopment scheme, KBW has successfully negotiated the sale of a site on Alma Road in Cheltenham. The site has been purchased by Cotswold Homes.
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.
Subway has completed a lease on a new unit built in Bishops Cleeve, fronting Tesco to the rear of Church Road. KBW acted on behalf of developer Blackwater Securities Ltd in agreeing the terms. A further new unit, currently under construction, is also under offer.
KBW has successfully acquired Unit 11 Ashchurch Industrial Estate on behalf of its client Swan Lane Engineering.
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.’
Recording studios venue Pirate Studios has completed its new lease of Unit 3 Neptune Business Centre, Cheltenham, expanding its UK locations to eleven. Savills acted for Pirate Studios whilst KBW agreed terms on behalf of its retained landlord client Head Ruddy Ltd.
Unit 2 325 Bristol Road, Gloucester is available on a new lease. Details here – Unit 2 325 Bristol Road Gloucester
KBW has negotiated the sale of Unit 5 Tewkesbury Road, Cheltenham, subject to the lease to Jumpstar (Cheltenham) Ltd which trades as Airborne Trampoline Park.
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 is pleased to offer a new 12,500 sq ft warehouse unit To Let at Gloucestershire Airport, Staverton. A new lease is available to operators within the aviation industry. Please contact Richard Knightley for further information (firstname.lastname@example.org)
KBW has agreed an assignment of its client Evans Cycles’ lease of A1/A2 The Biscuit Factory, Bermondsey. Following a marketing campaign that generating significant interest in the property, the lease has been assigned to Rico Logistics.
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
KBW has agreed a sale of 23/24 High Street on behalf of its client Cheltine. The property was sold subject to a lease of the ground floor and basement to Alexander Burn Funeral Directors.
KBW has agreed terms with Rapid Response Ambulance Services for a new lease of Units 21 & 22 Malmesbury Road, Cheltenham, securing a fully let estate for its client.
KBW has successfully acquired the Old Post Office building at Colesbourne on behalf of client Home Instead. Home Instead has relocated its offices from the Ullenwood Estate following a comprehensive acquisition search.
After successfully agreeing a surrender of the previous lease to The Money Shop on behalf of the landlord, KBW has agreed terms for a new lease of the ground floor retail unit at 64-66 High Street, Cheltenham. The new tenant is Black Gold Cafe Limited.
The sale of Unit G1 Northway Trading Estate has completed just 8 days after the purchaser’s initial viewing of the property. Having viewed on 12th December 2016, a swift completion process was finalised on 20th December 2016. KBW agreed the sale on behalf of vendor Edmund Estates Limited.
Established magazine publisher The Local Answer has taken a new lease of Unit I Churchill Industrial Estate, enabling it to vacate Ullenwood Court. KBW agreed terms on behalf of landlord Cavendish Homes ensuring that occupancy levels remain at 100% on the Leckhampton estate.
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.
Regent Arcade Shopping Centre in Cheltenham has welcomed its latest retailer to the scheme, Seasalt. The Cornish clothing and accessories brand has taken a lease of Unit 20 for its ‘pop up sale shop’, which KBW agreed on behalf of landlord Canada Life.
Healthy eating cafe Kindness & Co is set to open its doors in Cheltenham after completing its new lease of 38 Clarence Street. KBW agreed terms for the new lease on behalf on landlord Fullers.
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.
Property management specialist HML Andertons has taken a new lease of the ground floor office suite at 1 Manor Park Business Centre. KBW acted for landlord The Pentwin Group, which occupies the first floor having purchased the property in 2014.
KBW has successfully negotiated a new lease of 68-70 Suffolk Road on behalf of the landlord. The new tenant ECCTIS Ltd has taken a new 10 year lease following a programme of landlord’s works, managed and tendered by KBW’s building consultancy team.
Following completion of yet another letting at Malmesbury Road, Cheltenham, the newly refurbished Unit 21 represents the only available unit on the scheme. The Unit 17 letting to Rowan Food & Biomass Engineering followed recent deals on Units 22 and 24.
KBW has agreed a rent review with White Stuff for its shop on Promenade in Cheltenham. KBW acted for the landlord, Cheltine Limited.
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.
A new lease of Unit C2 Northway Trading Estate has completed. KBW agreed terms on behalf of the landlord with RP Motors.
The recently completed lease of Unit 24 Malmesbury Road has been followed by completion of a new lease to Premium Trading & Recycling on Unit 22. KBW has also agreed terms on Unit 17 on the same estate which is due to complete in September.
Acting on behalf of the landlord, KBW has successfully negotiated a new lease of the former Cotswold Fabric Warehouse unit on Tewkesbury Road to trampoline centre Jumpstar. Jumpstar has secured a change of use on the unit and will be commencing its substantial fit out shortly.
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
KBW has agreed a new lease of Unit 11 Brunel Court to Pulsin Ltd to facilitate its expansion at the Waterwells Business Park site. Pulsin has taken a new lease of Unit 11, simultaneous with expiry of the previous lease to secure continued occupation of the unit with no void period.
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.
Unit 5F Delta Drive Industrial Estate has been let to The Furniture Recycling Project after KBW agreed terms on behalf of the landlord.
KBW has secured a new tenant for 1 Grosvenor Terrace in Cheltenham, which will continue its long established use as a butchers shop.
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.
The new lease of Units A1 & A2 Goodridge Avenue to Dutypoint has completed, with KBW agreeing the letting on behalf of the landlord. The units extend to approx 11,500 sq ft on a secure fenced site.
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
The investment purchase of the new Sainsburys Local store on Cirencester Road has been completed after KBW agreed terms on behalf of a retained client. KBW also undertook technical due diligence on the construction of the store prior to completion of the purchase.
KBW has introduced a new dynamic Property Search page to its website. The user friendly search facility enables applicants to navigate through our portfolio of available properties. Property Search is located within the tool bar at the top of the website.
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.
The purchase of the former Vibixa site off Runnings Road in Cheltenham has been completed after KBW agreed terms on behalf of purchaser Supergroup.
Having secured a new lease of 10 Silverdale Parade to Papa Johns in October 2015, KBW has agreed a sale of the property to a local investor. The sale price represents a net initial yield of approx 5.99% after purchasers costs at 2.8%. KBW acted on behalf of Betfred.
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.
Retailer Tiger has taken a new lease of the third floor office suite at Stamford House, Regent Street, resulting in full occupancy of the building for landlord Canada Life. Tiger occupies a prominent position within Regent Arcade and was keen to secure an administrative base nearby.
Mainpoint Fire Protection and The Schoolwear Company have taken a new lease of Unit V1 at Kingsditch Trade Park. The 4,800 sq ft unit will enable both firms to relocate from the nearby Lansdown Industrial Estate.
KBW has negotiated the surrender of its client’s lease at 4 Pittville Street, Cheltenham. The landlord has agreed a new lease with Longfield, simultaneously with the surrender.
A new lease of Unit 16 Malmesbury Road has been completed, with Jamie Knight Carpentry & Joinery relocating from Space Business Centre. KBW has also agreed a deal on Unit 21 Malmesbury Road, which is currently in solicitor’s hands.
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.
Pink Sky Ltd has completed its new lease of 10 Bath Mews. KBW agreed the deal on behalf of a private client.
Delivery company Nationwide Express Services/APC has secured a new lease of Unit R2 at Kingsditch Trade Park. KBW agreed terms for the letting on behalf of landlord M&G Real Estate.
KBW has secured a letting of the former Cheltenham Commercial Vehicles site on the Golden Valley roundabout to Skanska. The completed lease secures full occupancy of the site, with Easymix and Keltruck occupying the remainder.
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
Unit 6 Churchill Industrial Estate, Leckhampton has been let to Peak Hire Limited. KBW & joint agent Noyes Lewis Commercial Property acted on behalf of landlord Cavendish Homes. The completed letting means the estate is once again at full occupancy.
KBW has secured full occupancy for its client YBS by agreeing terms on the final office suite available at Westmoreland House. Following on from the recent letting to Urbaser, the remaining ground floor suite has been taken by Kate & Toms Ltd.
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
KBW has been awarded second place in the Estates Gazette Most Active Agent competition for Gloucestershire.
KBW has successfully negotiated the early surrender of Leaders’ lease at 1/1A Queens Circus, Cheltenham. A marketing campaign identified a tenant which has agreed terms for a new lease direct from the landlord.
Modern office building Midway House, at Staverton Technology Park, has been sold. KBW agreed the sale on behalf of a private client.
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).
Environmental services company Urbaser has completed its lease of a suite on the first floor at Westmoreland House in Cheltenham. At approx 6,170 sq ft, the accommodation represents the largest suite in the multi-let office building. KBW agreed terms for the letting on behalf of client YBS.
An investor has purchased Unit 5 at Kingsway Local Centre, Quedgeley, having agreed a new lease of the premises with an off licence operator. KBW agreed terms for the sale on behalf of Robert Hitchins.
Brunel Court at Waterwells Business Park, Gloucester remains fully let following completed lettings to both SN Engineering & Pulsin. The former has expanded into Unit 10, with Pulsin taking a new lease which incorporates Unit 14 in addition to Units 15 & 16.
KBW has negotiated the purchase of an industrial investment on Chosen View Road, Cheltenham. The headlease to Renew Holdings expires in 2020, with the unit sublet to County Building Supplies.
KBW has secured the letting of the final vacant office suite at 95 Promenade, Cheltenham. Recruitment specialist Brook Street has taken a lease of the lower ground floor, totaling approx 1,140 sq ft.
Anneli Dance school has taken a new lease of Unit U Kingsville Road to expand its studio on Kingsditch Trade Park. Anneli now occupies both Units U & U1, totalling approx 4,800 sq ft.
KBW has expanded its Cheltenham office with two new appointments. Associate Director Stephen Hemmings joins the Professional Services team from Countrywide PLC, with Holly Tamlyn joining as Office Administrator.
The sale of Alma House, Rodney Road has completed. The building, formerly occupied by This England Publishing, was sold to a Gloucester based company which has already commenced refurbishment.
Magnet will open its latest kitchen showroom at Kingsditch Trade Park, Cheltenham following completion of its lease of Unit L Runnings Road.
On behalf of landlord Cheltine Ltd, KBW has agreed a new lease of the retail accommodation at 28 High Street, Evesham to adjoining occupier Birdseye Sports.