Tuesday, 12 May 2015

Off market deal secures new Gosport Post Office

Such is the demand for well-located property that the recently opened Gosport Post Office and WH Smith at 51-52 High Street, was signed and sealed before the property ever came on to the open market.

Holloway Iliffe & Mitchell had been appointed by Mr Jay Briah to find a suitable location that would provide a new post office and retail outlet for the town. The 3,600 sq ft unit although vacant was not being marketed and Holloway Iliffe & Mitchell were able to approach the landlord direct. In addition to being right for the post office, Mr Briah was able to secure the franchise for WH Smith which has now completed the fit out of the space. Dal Athwal has been appointed as the new postmaster.

Holloway Iliffe & Mitchell director Tom Holloway comments:

“This transaction is typical of what we are seeing in many areas across the south. As availability is becoming increasingly tight, we are having to act quickly when we find well located space in order to secure it for potential occupiers. It’s good to see a new post office open in Gosport to serve the local community.”

Thursday, 7 May 2015

RICS UK Commercial Market Survey, Q1 2015

Director Tom Holloway and Associate Director Peter Dalby of Holloway Iliffe & Mitchell have been quoted in the latest issue of the RICS UK Commercial Market Survey (Q1 2015). 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 BA (Hons) MRICS, Director, Holloway Iliffe & Mitchell said:
Supply across the industrial and office sectors remains low, but new industrial developments later in 2015 and early 2016 looks set to help.  City centre office markets face a difficult time as development is severely restricted and in the case of Portsmouth, non-existent.

Peter Dalby MRICS, Associate Director, Holloway Iliffe & Mitchell commented:
We continue to see an increased demand for both offices and industrial units across the area.

If you would like to receive a copy of the latest RICS UK Commercial Market Survey please contact us.

Tuesday, 5 May 2015

Holloway Iliffe & Mitchell Attend RNLI Charity Event

Directors Stuart Mitchell and Tom Holloway, Chartered Surveyors and budding kart racers attended the RNLI Charity event at Thruxton!

Guests included Charles Marks Developments and Southampton Builders making up a team of four.

Director Stuart Mitchell report “it was a great fun day out, with an element of team building and bonding; our team did extremely well up against strong competition. Out of 23 teams, we finished 11th overall”.

Holloway Iliffe & Mitchell are very pleased to support the RNLI, which is a self-funded Charity. This event raised £4,761.

Friday, 1 May 2015

Johnston Press Appoints Agents for Former Hilsea Site

Following the relocation to 1000 Lakeside two years ago Portsmouth News publisher Johnston Press has appointed Holloway Iliffe & Mitchell to market the newspaper’s three former sites in Hilsea totalling some 40,000 sq ft.

Half the space is made up of the main newspaper offices, purpose built approximately 40 years ago specifically to house one of the region’s key titles.  Much of the space is open plan office accommodation within a secure site which includes parking. The remaining buildings are made up of a substantial self-contained warehouse/storage unit and three smaller buildings including further offices, temporary storage facility and a yard.

These prominent buildings, located to the north of Portsea Island, form part of the paper’s main printing press site and are available as a whole or individually on new leases.

Holloway Iliffe & Mitchell director Stuart Mitchell comments: “These buildings have a lot of history attached to them having been original constructed for the Portsmouth News and the paper is still printed here. While the major office accommodation could remain as such, potential occupiers may well seek alternative uses for some of the other buildings on the site and with available space becoming harder to find there has already been plenty of interest in the site.”

Karl Dimmock, Managing Director of Johnston Press South said: “This is an exceptional location on a highly visible route in and out of the city. We were sorry when the publishing disciplines had to leave the site after such a long history there, but the changing face of publishing and the need to respond to the economic downturn meant that we were not fully utilising this great space. We have invested significantly in modern ‘neighbour-friendly’ printing facilities and because of the importance of this facility our colleagues managing the printing business remain on site.”

Rapleys has been appointed joint agent on all three sites