We’re Hiring! Senior Commercial Property Manager

We have an exciting opportunity for an experienced Surveyor to join our commercial property and asset management team based in Leamington Spa. The role will entail taking responsibility for all aspects of the day-to-day management of a diverse portfolio of mainly commercial properties based in Warwickshire and the West Midlands. The right person will be proactive and have the desire to build relations with clients and other key personnel while delivering first rate service for the business. The role will suit an ambitious individual seeking long term career prospects and an opportunity to contribute to the growth and development of the firm’s profile in the region.

18.03.24

PACKINGTON ESTATE WELCOMES NINE DIVERSE NEW RESIDENTS

Leamington chartered surveyors and commercial property firm ehB Reeves has secured nine separate lettings for the historic Packington Estate in Meriden and Hampton.

The range of high quality barn conversions and farm house offices offer a wide variety of space and are spread over four separate sites within the Packington Estate. These are Hampton Hill Farm, Old Hall Farm Barns and Farmhouse, Stonebridge Golf Club and Patrick Farm Barns.

The nine lettings total over 10,000 sq.ft and among the diverse businesses now calling Packington Estate properties home is a firm of building maintenance contractors and a podiatry clinic.

Sam Hain, a surveyor at ehB Reeves who has been working closely with Packington Estate to secure the lettings, said: “It’s fantastic that such a diverse range of businesses have chosen Packington Estate as their venue of choice as they look to flourish in the future.

“It’s also testament to the strong appeal that Packington Estate offers in terms of its central location, strong transport links and broad range of business units.”

Packington Estate, situated between Birmingham and Coventry, has a wide variety of period properties that it leases out on both short and long-term agreements. It is also well-known as a location for events and filming, along with fishing, farming, forestry and golf.

Ben Gray, (Chief Executive Officer) at Packington Estate Enterprises Limited, said: “These buildings were formerly farm properties that have been converted into stylish and functional office/business units.

“It’s very pleasing to see that our product remains attractive to a wide range of small to medium sized businesses, highlighting that the West Midlands region, and Packington Estate specifically, is the place to do business.”

ebB Reeves are soon to be offering Heath Farmhouse for the estate, over 2,000 sq.ft of character  offices in a superb setting with lots of onsite car parking. Other business suites are also soon to come to the market.

MAJOR KITCHEN SUPPLIER CHOOSES KENILWORTH FOR ITS LATEST DEPOT

Kenilworth has welcomed the UK’s number one trade kitchen supplier, which following a major fitout and refurb, has opened a new site in the town in a let agreed through Leamington-based ehB Reeves.

The 5,045 sq.ft premises on Farmer Ward Road, which is located to the east of the town centre, is home to Howdens and includes a reception area, offices and on-site parking.

A spokesperson for Howdens said: “We have been looking for the right property in Kenilworth for some time and are very pleased to be opening our new depot at Farmer Ward Road as part of our ongoing expansion programme.”

Howdens’ latest branch, which opened its doors recently, joins more than 750 depots it has across the UK, supplying fitted kitchens to trade customers.

Property consultancy Montagu Evans acted on behalf of Howdens, which also supplies fitted bedrooms and a vast array of joinery and hardware.

Simon Hain, director at chartered surveyors and commercial property firm ehB Reeves, said: “Howdens is something of a household name so it’s great that they have chosen Kenilworth to be the base for their newest depot.

“It clearly demonstrates the appeal of Kenilworth, and Warwickshire more generally, to businesses looking for a central location with fantastic transport links with major motorways, railways and airports within touching distance.”

REF: ehB02 STATE-OF-THE-ART HOMELESS CENTRE TO TRANSFORM LIVES IN STRATFORD

Long-term let secured by Leamington commercial property experts enables project to complete

A state-of-the-art homeless centre which is set to transform lives in Stratford-upon-Avon is due to open its doors this summer.

The iconic building at 41 Guild Street, formerly the Fred Winter department store, has been converted to provide a food bank, office space, café and specialised accommodation for people who are homeless or at risk of homelessness.

The ground-breaking project has been masterminded by Springs Housing Association after it secured the building on a 15-year lease from Leamington-based commercial property experts, ehB Reeves.

Two housing associations, along with Citizens’ Advice and Job Centre Plus will all be based at the site, which is earmarked for a late-June opening and will be called the Fred Winter Housing Plus Centre.

Dominic Bradley, group chief executive of Springs Housing Association, said his organisation has a history of working with the private sector for social good.

He said: “The big thing for us was creating a housing partnership and also employment, which is key to keeping people out of long-term homelessness.

“It’s a situation which has been brought into sharp focus by COVID-19. Stratford has a lack of affordable housing and has seen a huge increase in Universal Credit applications, which can be a precursor to homelessness.

“The Fred Winter Centre can be a big help to the town and will be a one-stop shop for people who need its help. The most exciting thing for me has been the support of the people from the town.

“We had 100-plus people at all of the information sessions prior to the planning application and the fact we didn’t receive one single objection during the planning process shows us what an amazing community we have here in Stratford.

“It’s a model which could be used elsewhere and what is refreshing is it’s a project where all parties from public, private and the charitable sector have come to the table to deliver a shared vision for centre.”

Simon Hain, director of ehB Reeves, who brokered the deal with Springs Housing Association, said: “This development is a state-of-the-art homeless centre which will transform lives in Stratford.

“It’s a wide-reaching partnership between the town council, several charities and other organisations, who are all coming together to offer a ground-breaking service.

“The Winter family were faced with competition for the landmark building and felt this was an ideal use for it, so we were delighted to secure the deal with Springs Housing Association on their behalf and pave the way for this development to go ahead.

“We wish everyone involved with the project every success.”

The site is located within the town’s conservation area and will include 14 one-bedroom apartments and a two-bedroom apartment over three floors.

“The centre has been owned by the Winter family for a long time and we wanted to honour that. There is more than 100 years of history here and it’s synonymous with the town,” added Dominic.

ehB Reeves was formed in 2018 by a merger between Leamington-based companies ehB Commercial and Reeves and Partners. The new firm enjoys a growing management portfolio in excess of £100 million.

ehB Reeves tops national poll after year of extreme challenge

ehB Reeves have overcome the challenges posed by the coronavirus pandemic to top a national poll recognising success in the market in 2020.

The NovaLoca Disposals Report 2020, published by commercial property search firm NovaLoca, ranked Leamington Spa-based ehB Reeves as the UK’s best-performing company for disposing of the highest percentage of its property portfolio.

The rankings, based on firms with an initial portfolio of at least 25 properties, revealed ehB disposed of 53 per cent of its real estate in the three months to December 1, replacing 32 per cent of them.

Director Simon Hain said the success was due to his team responding efficiently and diligently over the COVID-19 period, managing both their clients’ expectations and those of tenants and buyers.

He said: “Out of adversity, you sometimes see a positive and proactive move to start new business as they relaunch and adapt – and that is what has happened this year.

“This has translated into an excellent uptake of commercial properties covering our areas of expertise. We have been very much open for business throughout the pandemic and haven’t used it as an excuse to sit back and wait for the market to improve.

“We put ourselves out there to help and advise, often going beyond the remit as a commercial property agent. That has paid dividends, earning the trust of landlords and tenants in difficult times.

“It is in all our interests to allow businesses to succeed rather that squeezing the last pound out of a deal at the expense of longevity and success. This is what I try to instil in our clients and tenants alike.”

Simon said the market opened up quite quickly following the first lockdown, but it didn’t take anything away from the success achieved.

“There has been an element of pent-up demand which translated into transactions following relaxation of the first lockdown,” he added.

“But whichever way you analyse the figures, this is a superb result for ehB and one which reflects very well on the hard work of our team, often in the most trying of circumstances.”

ehB Reeves was formed in 2018 by a merger between Leamington-based companies ehB Commercial and Reeves and Partners. The new firm enjoys a growing management portfolio in excess of £100 million.