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.

Tuesday, 29 July 2014

10c Chapel Street Petersfield


A very well located shop, situated adjacent to the Swan Street car park has recently let to Jacksons of Petersfield.

Jacksons who were formerly based in Lavant Street for some 8 years have relocated their showroom to the new premises to continue their well established fitted kitchen business.

Stuart Mitchell, Director at Holloway Iliffe & Mitchell comments
“The property has a very good passing foot flow from Swan Street car park into Chapel Street and offers excellent showroom accommodation. We were able to let the property simultaneously with the previous tenant vacating”

“We have other properties in Petersfield which are attracting good interest and continue our letting and sales activity in the town”.

 

Friday, 25 July 2014

Admiral House 67 High Street Fareham Hampshire

20 years ago we sold the above property to the then purchaser Fareport Training. 20 years later, in June 2014, Stuart Mitchell, Director of Holloway Iliffe & Mitchell has sold the property for Fareport Training who are relocating to other premises they hold in Fareham and Gosport.

The property, a very attractive period building set over 3 floors with basement and attracted an immense amount of interest from developers and owner / occupiers.

Stuart Mitchell reports “we are very pleased to sell the property to an occupier who is going to convert the property back to a house, and sensitively restore this Grade II Listed building. It was a great pleasure to once again deal with Fareport Training having sold them the premises 20 years earlier. The property was sold close to the asking price of £500,000”

Mick Reeve from Fareport Training said
“We were sad to leave the High Street as Admiral House is such a beautiful building, but we had out grown the premises and now operating from our other two sites. We were glad to see it is returning to a house once again in keeping with the High Street. We would like to thank Stuart Mitchell once again for the professional way the sale was handled”.

Holloway Iliffe & Mitchell remain very active in the commercial property sector, in Fareham and along the South Coast and seek new instructions to satisfy their active applicant database.

Friday, 20 June 2014

Woodley House offers HI&M first Berkshire Management Instruction

Holloway Iliffe & Mitchell has been instructed to deal with the asset management of a popular district shopping parade and offices in Woodley, just outside Reading.
 
The freehold investment of Woodley House, with tenants including Nationwide Building Society, Clarkes Shoes and Costa Coffee was recently acquired reflecting a net initial yield of approximately 10%.
 
The commercial property consultants will now work with their long-standing client, Weybridge-based The Malins Group, on a strategic review of the property and will take on full management including rent collection and service charge administration, along with rent review and lease renewal work.
 
Lauren Atkins, managing director of The Malins Group commented: “We were very pleased to acquire Woodley House. The building has a prime position, located opposite Waitrose, within the pedestrianised area. We relied on advice from Holloway Iliffe & Mitchell and they also assisted us in planning our strategy for its future use.”
 
Holloway Iliffe & Mitchell’s Director, Stuart Mitchell said: “We are delighted that The Malins Group has chosen us again to oversee not only their ongoing general day-to-day management tasks, but also to advise on their wider property strategy.”
 
“The popularity of the building is evidenced by the fact that it is nearly fully let so our immediate priority will be general management issues. By instructing us, we can remove the complexities from the client that a management instruction can bring. In the longer term, we will seek to maintain the excellent tenant profile and look at asset management opportunities for our client. ”