Wednesday, 22 October 2014

Boarhunt Mill, Fareham

Acting on the instructions of Southwick Estates, Holloway Iliffe & Mitchell has let Boarhunt Mill to Titchfield Festival Theatre.  The Grade II listed Boarhunt Mill is full of character in a picturesque rural setting, located off the busy Boarhunt Road.
The whole site, consisting of commercial and residential accommodation was available on a new lease at a quoting rent of £34,000 per annum, exclusive.
Titchfield Festival Theatre was founded in 2000 after discussions with Titchfield Abbey Association and Kevin Fraser, a business entrepreneur with a background in the theatrical world.
Commenting on the letting, Luke Mort, Commercial Agent at Chartered Surveyors Holloway, Iliffe & Mitchell said:  “The site generated a substantial amount of interest for a variety of different uses and was of increased appeal due to its attractive rural setting.  Terms were agreed with the Theatre due to their experience of listed premises and their use being complementary to the surroundings. ”
Kevin Fraser, Artistic Director for Titchfield Festival Theatre commented that “The occupation of Boarhunt Mill by the theatre will allow the company to expand its wardrobe hire and props business in a beautiful setting and compliments the company's current 99 year lease at the Grade I listed Great Barn in Mill lane Titchfield.”
Holloway Iliffe & Mitchell remain very active in the commercial property sector, in rural locations and along the South Coast and seek new instructions to satisfy their active applicant database.

Tuesday, 12 August 2014

ICE Marine takes additional boat building facility on the River Hamble

David Beckham at the helm of a one-off
ICE Marine powerboat created for the
2012 London Olympic opening ceremony
Acting on the instructions of Victoria Rampart Limited, Holloway Iliffe & Mitchell has let Unit 11 Stone Pier Boat Yard to Ice Marine Ltd.  The prominent riverside unit extends to approximately 8,277 sq ft.

Stone Pier Boat Yard occupies a prime position close to the entrance of the River Hamble in the village of Warsash. The River Hamble attracts both racing and cruising yachts and motorboats from around the world due to its close proximity to the Solent and the popular south coast harbours.

The premises were available on a new full repairing and insuring lease at a quoting rent of £36,000 per annum, exclusive.

Ice Marine Ltd was founded in 1995 soon after the founder and owner, Jeremy Watts, successfully won the 2 litre World Championships.

Jeremy Watts, Director, Ice Marine commented: “We are excited to be able to acquire additional facilities allowing us space to manufacture high speed commercial craft taking a project from concept through to realisation and on to production, providing our clients with a turnkey service.”

Holloway Iliffe & Mitchell, who let and manage Unit 11 said: “It is exciting to see the ongoing regeneration of Stone Pier Boat Yard with a boat building company taking space formerly occupied by other well-known names in the marine world including Cougar Powerboats and yachts made by Westerly and Victoria.” 

Other occupiers at Stone Pier Yard are Marine Matters who offer bareboat charter, marina berthing and RYA training. R.K. Marine, who offer boat lifting, launching, pressure washing, anti-fouling, storage ashore and marine engineering. GP Sails, who offer sail making and repairs and Sea Start, who run their marine breakdown service from this Boat Yard.

Wednesday, 6 August 2014

Metamob move into new Production Studio at Old Treasury

Holloway Iliffe & Mitchell have just let a first floor office suite at The Old Treasury, Southsea.   The suite covers approximately 640 sq ft (59.46 sq m) and the quoting rental was £8,000 per annum exclusive.

The Old Treasury is a multi-let office building situated on the corner of Kings Road and St Paul’s Road just off Landport Terrace (A288). The building is close to Southsea seafront and the leisure and retail facilities offered in Southsea Town Centre.

Metamob Ltd, owned and run by directors Carl Downer and Luke Janes, moved from a smaller office in Southsea, after outgrowing the space. The business offers a blend of skills across digital design, animation and software development.  This delivers an array of fantastic content across a variety of platforms – TV, Mobile, Outdoor and Online – in fact, just about anywhere you see a screen.

Carl Downer, Director at Metamob Ltd commented: “Both Luke and I are excited to be moving into our new larger studio at The Old Treasury. We were attracted to the building by the open plan space, allocated parking and the fact that other creative companies have been based at the building for a number of years”.

Holloway Iliffe & Mitchell represented B Webber Holdings Limited, a property company specialising in property investments across the UK.

Holloway Iliffe & Mitchell, who deal with both the management and lettings at the Old Treasury said:  “Metamob is a leading example of a successful Southsea based creative business, having only started in May 2013 and having already worked with clients including Sky Sports, Vodafone, Kwik Fit and Pepsi. The Old Treasury, which has only one remaining 1,000 sq ft office suite available to let, will serve well the needs of Metamob.”

Other occupiers at The Old Treasury are Treasury Accounting, Rowe Sparkes Solicitors, which provide court representation, police station representation and criminal defence, Craneswater Mechanical Services, Everybody Pilates, Kings Road Clinic and Si Digital who are a local website design and digital marketing agency.

Friday, 1 August 2014

RICS UK Commercial Market Survey, Q2 2014

Director Tom Holloway and Associate Director Craig Powell of Holloway Iliffe & Mitchell have been quoted in the latest issue of the RICS UK Commercial Market Survey (Q2 2014). This publication is widely read by commercial property investors and occupiers looking to gain an insight into the regional views of RICS Commercial Property Chartered Surveyors in their local region.
Tom Holloway MRICS, Director, Holloway Iliffe & Mitchell said:
“Diminishing stock levels are helping to put upward pressure on rents and capital values across office and industrial sectors. Increasing numbers of frustrated occupiers are being forced to readjust their requirements and in some cases they are staying put, resulting in a slowdown in enquiries. New development, particularly in the industrial market would be welcome.”
Craig Powell, Holloway Iliffe & Mitchell commented:
“Recent months have seen substantial interest in office buildings being sold that are suitable for residential conversion using Permitted Development (PD) rights and this has often created situations where you end up going to sealed bids which has not been a feature of the office market since before 2008. As PD rights are a short term measure, there are conflicting views on future office values post PD as reduced supply could boost values but the lack of permitted change of use may have the opposite effect.”
If you would like to receive a copy of the latest RICS UK Commercial Market Survey please contact us.