Market Harborough business park under new ownership

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A Market Harborough business park is now under new ownership following a deal for an undisclosed sum. On behalf of Patoro Properties, Chartered Surveyors and Property Consultants, Wells McFarlane has completed the acquisition of Bowden Business Village, just two miles north of the town centre, which comprises over 8,000 sq ft of office space in three converted barn buildings. “This unique business venue has been a sought-after destination for the past two decades, attracting tenants seeking an edge of town, easily accessible yet semi-rural premises,” explains Wells McFarlane’s director, Jason Hercock. “The vision of the original owner, Jon Fox to create self-contained buildings around a central hub to encourage interaction and establish a new community has driven the success of Bowden Business Village, and is one of the reasons it made an attractive property investment. “The deal with Patoro Properties was concluded off market and highlights the result of working with a commercial property agency with strong local connections. We encourage investors seeking to start or increase a property portfolio to contact us for a confidential conversation.” Following completion of the acquisition, Wells McFarlane has also been instructed as managing agents for Bowden Business Village, including all property management, agency and lease advisory services. Jason added: “We’ll be working closely with Jon Fox and his team to handover the management, and Jon will continue to run his development business from the Village so existing tenants can be assured of a smooth transition and familiar faces going forward. Around the grounds, Patoro Properties plan to install new EV charging points, entrance gate, cycle rack and additional landscaping, ensuring Bowden Business Village remains an appealing and sustainable workplace.”

Leicestershire marketing agency sold in multimillion-pound deal

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Business owner Luke Tobin, founder of Oadby-based marketing agency Digital Ethos, is celebrating after South American-based company Cadastra has acquired the firm in a deal worth approximately £8 million. Luke founded the company in 2016 with just £100 invested and progressed his way up the ladder to be named ‘Great British Entrepreneur of the Year 2020’. Luke also joined Richard Branson’s Virgin StartUp scheme to mentor like-minded entrepreneurs starting their own businesses. Digital Ethos was also named ‘The UK’s fastest Growing Agency’ in 2019 and was recently granted B-Corporation status for its sustainability-conscious practices including pledging to plant 50,000 trees in 2022. The acquisition by Cadastra, a digital marketing, consultancy and technology company with offices across Europe and South America, will mean that Digital Ethos will establish itself further with an array of international clients and with Luke still at the helm as CEO. Speaking on the acquisition, Luke said: “It’s absolutely amazing to be in this position just a few years on from when I founded the company from nothing. We’re thrilled to have been acquired by an established company and are very excited as to what the future holds for us. “Digital Ethos was chosen for the acquisition due to our scale of growth in a very short time, so it’s certainly a cause for celebration not only for me personally but for my whole team.” In addition to Digital Ethos, Luke is also founder of rapid growth investor brand Tobin Capital, specialising in minority stakes in private organisations, which he will be continuing to develop alongside Digital Ethos’ merger. Digital Ethos specialises in digital marketing services such as SEO, PR, Social Media and Web Development. Its list of clients includes the NHS, Scrivens and M&S Opticians and the merger with Cadastra means the business will be expanding to 15 countries with more than 700 employees worldwide.

Work starts on new homes and office development in Leicestershire village

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Work has officially started on a new homes and office development in Mountsorrel, Leicestershire. The mixed-use site will bring nine properties and two commercial offices to the area, which will be marketed by Newtown Living. Chartered quantity surveyor and project management experts Addison Hunt has been appointed to provide project management and quantity surveying services and will work alongside property development and construction company GS Developments, and architects rg+p, to deliver the project. Simon Collin, director of Addison Hunt, said: “We’re delighted to have been appointed to work on this project. The development of the site will provide a much more positive outlook and sense of arrival as passers-by travel through Mountsorrel. “We look forward to work progressing and bringing a new mixed-use development to the area, which has been designed to fit in with the current surroundings.” Granite Way continues the relationship between the firms, with recent Leicestershire project completions on a warehouse development at Parker Drive and affordable housing scheme at Abbey Meadows. Mandeep Singh, director of GS Developments, said: “It’s great to be working alongside Addison Hunt to deliver another fantastic project in the Leicestershire area. “After a number of years of planning and design work we’re delighted to finally see the build get underway, which will enhance and bring more people to the site to live and work.” Neeley Turrell, estates manager at Newtown Living, said: “We’re looking forward to the homes being complete and providing residents with new rental properties, given the current demand for high-quality homes in Leicestershire.”

Property developer launches £1bn BTR platform

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Property developer Godwin Developments, which has offices in Nottingham, Birmingham and central London, has launched a nationwide build-to-rent (BTR) platform. Working as an equity investor in partnership alongside a leading institutional real estate partner, Godwin has ambitious plans to build a portfolio valued in excess of £1 billion. The joint venture (JV) will target both the single-family and multifamily BTR sectors in recognition of the substantial growth potential of the asset class. The strategy enables Godwin Developments to leverage its strong track record across acquisition, planning and delivery whilst rapidly scaling its operations in the sector. The JV partner has significant experience in investing in the living sectors across multiple jurisdictions, including in the UK. In the near-term, the JV partnership is aiming to develop its BTR proposition through the acquisition of both standing and forward funded stock as well as by unlocking new land opportunities. The Oxford-Cambridge Arc and the Home Counties will be key to expanding the delivery of single-family units for rent, and London, Bristol and Birmingham will be important target cities for the multifamily offering. The JV will focus on creating high-quality, professionally managed homes with strong ESG credentials that will appeal to residents of all ages and life stages – from singles and sharers, to couples, families, and downsizers. Research by the British Property Federation and Savills published last month estimated the BTR sector to be worth £170 billion by 2032, with completed BTR homes projected to increase fivefold over the next decade. Stephen Pratt, director and co-founder at Godwin Developments, said: “We are thrilled to announce the next step in our growth ambitions in the BTR sector. BTR has proven itself to be a highly defensive asset class and is rapidly establishing itself as a real alternative to home ownership, delivering an opportunity to alleviate the shortage of housing across the country. “This launch is truly transformational for our business, and we look forward to growing our portfolio nationwide, adding value for residents, housebuilders, landowners, local authorities and other stakeholders using our expertise and unique ability to deliver, market and manage schemes across the development lifecycle.” Godwin Developments was advised by Alantra (corporate finance), Gateley (legal) and KPMG (tax).

Affinity on board for growth as transport solutions company lands £2m funding deal

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A Loughborough-based transport solutions company has made a substantial investment in new buses after landing a funding deal through Nottinghamshire’s Affinity Asset Finance. Vectare has enhanced its environmental credentials by acquiring ten Alexander Dennis Enviro E200 low carbon emission buses after securing a £2m deal arranged by Affinity, which used its expertise and broad funding panel to deliver the funding package. Neil Kimberley, director at Affinity Asset Finance, said: “It’s been a pleasure to work with Vectare on this deal – and it’s great to see such a forward-thinking transport company investing in its business in this way. “Since Affinity was set up almost 14 years ago we have been able to put together a panel of Tier 1 asset funders outside of the mainstream High Street banks who are moving away from this kind of funding. “We believe in backing progressive companies and we wish Vectare all the best for the future.” Vectare is a nationwide transport provider and will utilise its new fleet to deliver transport services for additional council contracts the company has won across the UK. With pressure and demand for council transport services, Vectare is positioned well to continue to win and deliver contracts across the UK. Dominic Kalantary from Vectare said: “We are a growing business providing high quality local bus services throughout the UK and where we can we always strive to be as climate friendly as we can be. That means upgrading and acquiring fleet stock that is as modern as possible. “The Enviro200 is Britain’s favourite single deck bus with a lightweight design that makes it highly fuel efficient and cost-effective to run. Sourcing funding for these acquisitions is notoriously challenging but Neil and the team at Affinity made the whole process as seamless and as swift as possible. This in turn will enable us to fulfil an ever-growing portfolio of contracts across the UK in as an efficient and climate friendly manner as possible.”

BDO expands Midlands team with VAT partner hire

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Accountancy and business advisory firm BDO LLP has strengthened its Midlands team with the senior appointment of Chris Rowe as VAT partner, following a raft of promotions across the region earlier this month. Chris joins the Midlands Tax team and brings over 13 years’ experience to the position. In his previous role as director at EY, he led the automotive team nationally for Indirect Tax, and was also Tax lead on a number of key accounts. Chris also brings sector expertise across retail and manufacturing. At BDO, Chris will be responsible for helping to build the Midlands VAT team, both in terms of people and revenues. He will also utilise his sector expertise by adding value to the firm’s Midlands manufacturing hub, while working nationally in the automotive market. Kyla Bellingall, Midlands Managing Partner, said: “We’re delighted to welcome someone of Chris’ experience to the Midlands team, in what is an excellent hire for both our VAT and sector teams, as we look to solidify our presence in the regional market over the coming months and years. “Having the right people in place to drive those ambitions, while supporting Midlands businesses in the notoriously complex areas of VAT and Indirect Tax, is absolutely vital. His arrival comes at an exciting time for the firm regionally, after 97 promotions in the Midlands across core areas of our business, including audit, tax and advisory.” Chris said: “I’m really excited to get started at BDO. The culture within the business is fantastic and truly encourages collaboration, not only within specialist teams, but across the various sector disciplines, both regionally and nationally. “The opportunity to build what is already a strong VAT team, as we look to capitalise on the significant market potential, is  very exciting and I’m delighted to be playing a key role in realising those ambitions in the Midlands.” Earlier this month, BDO promoted 97 people across its team in the Midlands, including three promotions to partner. The promotions follow a raft of appointments, including John Rouse who was appointed as partner in the FAVS team, and a duo of director hires in the Business Services & Outsourcing practice.

What to consider when hiring additional support for a construction project

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Do you own a commercial property that is currently undergoing or about to undergo construction and renovations? Keeping your property in tip-top condition is one thing, but sometimes it needs more than cosmetic touches and a more in-depth project is warranted. The problem is that a construction project on a commercial property isn’t always quick and easy, and can’t be compared to home renovations. This is why it’s important to have the right people on the job. Here we’ll take a look at what to consider when hiring additional support for a construction project.

What is the Scope of the Project?

Before you can start hiring additional support, you must be clear about the scope of the project. How big/small is it, what are the end goals, and why are you taking on the project? Being specific about your expectations, wants and needs will help you to figure out such important things as the timeline, budget, resources needed, professionals needed, materials and so forth.

Do You Have a Vision?

It’s really difficult to hire additional support when you don’t have a solid grasp of your vision. You need to be specific so you can communicate efficiently with the various tradespeople. If you’re having a hard time forming a vision, try flipping through décor magazines, looking online, and paying attention to how other businesses are set up.

What’s the Budget?

Speaking of the budget, this is a great time to give it thought and set one that you’re comfortable with. When setting the budget you need to be realistic and it’s also smart to build a contingency fund within. There’s nothing wrong with having a positive mindset and believing all will go well, but issues can arise and they can end up costing more than you had anticipated. Having a bit of a slush fund will ensure there isn’t too much stress when these unexpected costs pop up.

Does It Make Sense to Hire a Construction Project Manager?

Depending on the size of the construction project, it may be too much for you to manage. If you’re trying to juggle running your company with overseeing the construction project, things are bound to be overlooked and forgotten, which isn’t good. Hiring a construction project manager means someone else will be in charge of the renovations, sticking to the budget, procuring the materials, hiring sub-contractors, and so forth.

Does the Professional Have Experience with Commercial Projects?

It’s also important to recognise experience — not just any type of experience, but the relevant experience. If you’re hiring a professional tradesperson, you need to know they have handled commercial projects like yours in the past. Residential and even industrial experience isn’t the same, and for the job to be done safely, correctly, to code and promptly, they will need specific experience. If you’re in search of “electricians near me”, check out a site like MyBuilder.com, which acts as a directory of vetted and reviewed electricians. They can share information about their work, qualifications, licenses and experience. You can ensure you pick one that has commercial experience. Be sure to take the time and read the reviews provided by customers, as this will help you narrow down your options. When it comes to qualifications, if you are hiring a tradesperson, you will want to look into whether they are a member of a trade association. Being a member means they will be kept up to date on all the latest news, information, policies, rules, practices and more. It’s also important to ask if they are registered. If they are a builder they should also have insurance, in particular contractors’ all-risk liability, employers’ liability insurance and public liability insurance. Insurance protects them and you should anything go wrong.

Can They Provide You with References?

A simple question to ask any additional support people is if they can provide you with references. Ask for at least two and be prepared to follow up with them. You can also ask to see their portfolio if applicable.

How Does the Construction Affect Day-to-Day Activities?

The final consideration is how all this construction will affect the daily activities in the workplace. Will employees still be able to do their job efficiently, effectively and safely? If the answer is no to any of these questions, then you need to come up with a solution. That could mean temporarily moving off-site to another location, allowing employees to work remotely from home, or shuffling people around so they work in an area that isn’t currently under construction. In extreme cases, it may be necessary to close down for a few days. Factoring in all of these considerations will help ensure that your construction project goes smoothly, you have qualified and experienced people doing the work, and that it is as stress-free as possible.

Lloyds Banking Group appoints housing expert as new ambassador for the Midlands

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Lloyds Banking Group has appointed Andrew Asaam as its new group ambassador for the Midlands. Alongside a team of experts from across the group, Andrew will work with local politicians, regional business leaders, community networks and charities to help address the challenges facing the Midlands. There will be a strong focus on exploring ways of helping people in the region access affordable and sustainable housing. Andrew will also champion small businesses and promote the importance of skills and apprenticeships, as well as advise on the Midlands’ transition to a low-carbon economy. Andrew, who is homes director for Lloyds Banking Group, was born and raised in Birmingham and studied economics at Coventry University. He said: “As a proud Midlander, I’m really honoured to have been asked to take on this role because our region has so much to be shouting about. “We have a long history of innovation which continues today – not least in our advanced manufacturing technology and health and life sciences sectors – and we’re also building on our strong automotive heritage, as electric vehicles and Birmingham’s clean air zone push us forward on the road to net zero. “The Midlands’ place in the heart of England makes it central to the success of the UK. I’m really looking forward to working with other leaders in the region to help bolster growth and attract investment.”

Lace Market ‘loft style’ offices let

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The ‘loft-style’ fourth floor office at the popular 34 Stoney Street has been let in a deal brokered by Thomas Szymkiw, office agent at FHP Property Consultants. The 1,400 sq ft suite provides Budgeting Solutions an opportunity to acquire a fully refurbished space within the roof eaves of this historic Grade II former Lace Mill. The refurbishment included a full strip out with the installation of LED lighting, heating and cooling system, brand new kitchenette, WC’s and some clever glass partition work between the roof trusses to create independent meeting spaces. Thomas Szymkiw, associate director at FHP, said: “This letting completes the final piece of the jigsaw for our clients who from acquisition of the property have undertaken a full and substantial refurbishment – sympathetically looking after its historic and period features whilst modernising the internal suites to the new tenants’ exacting specifications. “It just goes to show that in the current market occupiers are demanding quality and when this is delivered – fantastic results will follow. “It’s great news for the Lace Market office scene to have this building now fully let and I wish Paul at Budgeting Solutions and all the tenants the best of luck for the future.” Paul Bavington, of Budgeting Solutions, said: “It’s been great working with Thomas/FHP on structuring the right deal with the landlord and being involved in specifying the fit out to ensure we created a workspace designed for hybrid working. “As a fast growing technology business, this space will enable colleagues and clients alike to embrace true digital working patterns.”

Leicestershire architects complete £100m scheme with Clowes Developments

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IMA Architects has completed its latest project with Clowes Developments, with more projects confirmed for 2023.

Involved from the outset, IMA acted as Planning Consultants as well as Architects, helping to finetune the project and liaising with both Clowes Developments and NFUM throughout. The team produced footprint layouts of the proposed units to highlight achievable floorspace, as well as contributing to the full production of drawings and working closely with key contractors.

With practical completion achieved at the end of October, the six units are located across three sites in Corby (2), Castlewood (2) and at East Midlands Distribution Centre in Castle Donnington (2) – with a mix of B2 and B8 use – and will become part of NFUM’s property portfolio.

Five of the units were constructed on a speculative basis with no end users secured, while one unit – plot A1 in Corby occupying 162,490ft² – has been pre-let to Deichmann Shoes (UK). The first to be built, this unit was not initially part of the deal, but became part of the project during negotiations. The other five units occupy a combined floorspace of 838,586ft² and are now on the market for suitable occupants.

Speaking on the project, Ben Hall, director at IMA, said: “Our professional relationship with Clowes is longstanding and we have successfully delivered over 60 projects since 2009, with more confirmed on 2023. On this particular project, we were the only Architects on site and, as the demand for commercial rental units grow, so does the development potential – so we look forward to being part of future schemes.

“Going forwards, we look forward to working with Clowes on upcoming projects, and we are proud to have them as a returning client.”

James Richards, director at Clowes Developments, said: “We are pleased to have completed this project with NFUM and to have had the expertise of IMA on board from the outset. IMA form an important part of the puzzle which enables us to deliver such complex transactions.

“IMA worked seamlessly with our dedicated legal team at Geldards, employers’ agents, Postins Project Services, various contractors and, of course, our internal team at Clowes.

“Their ability to work well with key parties across all sites helped to ensure that the work was completed within the agreed timescales which is essential for us. We are confident that the units will all soon find suitable occupiers and be an asset to the local East Midlands economy for years to come.”

Marketing agency branches out into UAE

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Full service marketing agency Purpose Media has been appointed on a project in Dubai on behalf of a client which provides commercial refrigeration solutions. The appointment follows on from projects they have already carried out in Milan, Belgium and Austria on behalf of commercial refrigeration solutions manufacturer True Refrigeration. Based in the US, the company exports worldwide and has a UK operation based in Rotherham from which it has been spearheading expansion into the UK and Europe. True have been pioneers of commercial refrigeration solutions for more than 70 years and has been operating in Dubai and the middle-east markets for over 20 years. With a turnover in excess of $1bn globally and a large market share in the US where it is the go-to refrigerator brand, the company has been working with Purpose Media to plan and deliver their UK marketing strategy. The project in the UAE involves documenting and filming their attendance at Gulf Host Dubai, MENA’s largest Hospitality Equipment and Foodservice show. The show happens each year at the Dubai World Trade Centre. Matt Bonser, account director at Purpose Media, said: “True is an important client for us as they represent our ability to support local businesses on global projects. It is going to be a frenetic five days for the team as they gather the video and photographic materials we will then transform for use across all digital marketing channels to grow True’s brand profile and reputation across the UAE and Europe.” Founded in 1945, True now has offices and facilities in the UK, Germany, Australia and South America. True products can be found in foodservice operations such as workplace café’s, restaurants, breweries, bars, bakeries, food halls and take away’s all around the world. Clients include McDonalds, Zizzi, Pizza Hut, KFC, Subway and Dunkin Donuts.

Eight storey apartment building tipped for approval in Nottingham

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Plans for a new apartment building in Nottingham have been tipped for approval.
The proposals for 1 Wallett Street come from Arkwright Property Co Ltd and would see existing buildings on the site demolished.
The site currently comprises a collection of industrial buildings and a large surface car park, which will be replaced with a building that steps down in height from 8 storeys on the frontage to Crocus Street to 4 storeys adjacent to Meadows Way.
141 apartments are planned, comprising 72 one bed and 69 two bed flats.
There would be 44 car parking spaces at the ground floor level along with bin and cycle storage facilities.

Nottingham Building Society and Gen H sign £600m agreement to boost home ownership

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Nottingham Building Society (NBS) and fintech mortgage lender Gen H have agreed a new partnership of up to £600m. NBS will provide forward-flow funding to Gen H over a minimum of two years to boost the prospects of home ownership for first-time buyers and remortgagers. The deal reflects a shared commitment to transform the housing market and make home ownership a reality for millions more people. Under the agreement, The Nottingham’s funding will enable Gen H to accelerate the rollout of its innovative suite of mortgage products and widen the opportunity for home ownership. The agreement marks a milestone for both parties, as Gen H’s first Building Society funding partner, and The Nottingham’s first key partnership in support of its new purpose-driven strategy. Gen H, also known as Generation Home, was founded in 2019 with the mission to make everyone a homeowner. The company began trading in October 2020 and its mortgage products have since helped thousands of aspiring homeowners take their first step onto the property ladder. Gen H estimates that around two-thirds of first-time buyers need financial help from friends or family and seeks to solve this problem through tailored solutions that broaden and simplify access to home ownership. These include income boosters that help customers borrow more, deposit boosters that enable interest-free loans from friends and family, and a unique Home Agreement that facilitates dynamic ownership of homes. The partnership with NBS will also allow for Gen H to steadily continue its lending growth, while becoming a fixture in the mortgage market alongside high-street banks. William Rice, CEO, Gen H (Generation Home), said: “At Gen H, we believe that owning a home should be an opportunity for everyone. That’s why we’re rebuilding the home-buying process to make it simple, transparent and fair. “Our partnership with The Nottingham is a crucial step in our journey; its mutual ethos and 170-year legacy of supporting people to own their own home is a great fit with our mission.” Sue Hayes, CEO, Nottingham Building Society, said: “We are delighted to partner with Generation Home. Our shared purpose and the depth of cultural alignment across our businesses provide us with a unique platform for success. “They present a unique proposition that, with our support, can enable home ownership to become a reality, rather than a dream. Mutuality is the bedrock on which the Society has been run since its inception, and we are proud to be partnering with a business that shares our resolute determination to help people own their own home. “This matters now, more than ever.”

Planning application submitted for local centre and care home in Leicestershire

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Developer Charterpoint, in a joint venture with landowner, The Drummond Estate, has applied for planning permission to build a new local centre and a 66-bed care home on land at New Lubbesthorpe, a new community in Blaby, Leicestershire.

The mixed-use scheme features a two-storey local centre which will house a Sainsbury’s Local store and four additional units for retail, including a café/bistro on the ground floor. The first floor will be occupied by Forest House Medical Centre.

The plans submitted to Blaby District Council include a 66-bed modern care home to be built over two and three storeys, which would be delivered by senior living specialist Charterpoint.

New Lubbesthorpe Local Centre is the first retail scheme for the new community, which will eventually feature more than 4,000 new homes.

The local centre and the care home – designed by Franklin Ellis Architects – have already received outline planning permission and will complete the development of the Tay Road feature square that also includes the successful New Lubbesthorpe Primary School.

Charterpoint Managing Director, Giles Nursey, said: “New Lubbesthorpe is an exciting, vibrant community set in a great countryside location just 20 minutes from Leicester city centre and ten minutes from Fosse Park Retail Centre.

“Charterpoint has carefully developed designs for the first of two local centres planned for the site, plus an adjacent care home, and we are very pleased to have now submitted a reserved matters planning application to Blaby District Council as the next part of the development process.”

Martin Ward, a trustee of the Drummond Estate, said: “Community facilities, such as these, are vital to maintain the fantastic sense of community we have created at New Lubbesthorpe. The new local centre will complement the successful primary school and will be welcomed by those already living here and the new residents moving to site.”

New Lubbesthorpe is a pioneering new community set in 325 acres of new parklands and wetlands, south of Leicester Forest East. Around 780 of the 4,250 homes have so far been built and occupied.

It is expected that work will begin on site for the new local centre and the care home in spring 2023, subject to planning permission.

Leicestershire celebrates major environmental achievements during COP 27

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As world leaders continue to discuss the climate crisis at COP 27 in Sharm El-Sheikh, action to reduce carbon emissions continues to be taken closer to home. The LLEP Business Gateway and its partner Zellar, are celebrating a milestone for their pioneering initiative which helps Leicestershire businesses save money and reduce the carbon they generate. Eighteen months ago, the LLEP Business Gateway launched the Zellar programme, giving 100 local SMEs free access to an online platform through which they could track their carbon emissions and kickstart their sustainability journeys. Today they announced that they have so far helped local businesses save a massive £143k on their energy bills, allowing them to invest in sustainable changes to secure further savings. Participating companies have so far invested £400,000 in green technologies since the start of the Zellar programme and contributed 3,400 hours of volunteering towards local environmental projects. Welcomm Communications – a telecoms business based in Market Harborough – has been using Zellar since the start of this year. Their sustainability champion, Wendy Savill, said: “Since starting on our sustainability journey, we have been so encouraged by the Zellar platform in many ways, not least by realising the cost savings we have made. “These have come from making small changes in the business which were so easy to implement. We are excited to measure further changes in the near future and to achieve more savings, especially in the current economic climate. A huge thanks to Zellar for giving us that focus.” Acting head of the LLEP, Sue Tilley, added: “We are so proud of how Leicestershire companies have embraced this initiative as part of their response to the climate emergency. “We’ve always been leaders in environmental issues and it’s great to see that tradition continuing with our Zellar project which is the first of its kind in the UK. We do still have 16 free places left if any other businesses would like to join the scheme to save money and attract new customers.” A further benefit to the region has come in the form of a £600,000 investment from the Co-operative Bank to Leicestershire businessman Gary Styles, who is the founder and CEO of Zellar. Mr Styles said: “The Co-operative Bank is a perfect investor for Zellar. We hold so many shared values and they have the highest Environmental Social and Governance score of any UK high street bank. “We’re also incredibly thankful to the LLEP Business Gateway and to all the pioneering Leicestershire businesses that have supported our journey so far. We would urge more businesses to get onboard and grab those final free licenses.”

Henry Brothers expands into new region

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Due to ongoing expansion and contract wins across England, contractor Henry Brothers is opening a new office in Manchester, enabling the contractor to grow its operations across the Northern Region. Henry Brothers has recently been appointed for the £12 million refurbishment of The University of Manchester’s Chemistry Building to create flexible lab space, purpose-built write-up spaces, break-out areas, and offices. As a result of the expansion, the company Henry Brothers Midlands Ltd will now operate as Henry Brothers Construction Ltd going forward, suitably reflecting the growing presence of the business, which also includes moving its existing office in the Midlands to larger premises in Nottingham. Henry Brothers Construction Ltd is part of The Henry Group, which comprises of a number of manufacturing and construction sector companies, ranging from external construction through to interiors fit out. Led by Managing Director Ian Taylor, Henry Brothers Construction Ltd has cemented itself as market leader in the construction industry following the establishment of the Midlands based business in 2015. Ian said: “Over the last number of years, Henry Brothers has raised the bar for construction in the Midlands and beyond, developing its portfolio of clients across a range of sectors including education, defence, blue light, and healthcare. “Our clients will continue to work with the same team that they trust to deliver the highest quality of service and innovation with the benefit of added convenience and enhanced on the ground support. “This is a natural and exciting next step for us, allowing us to build on our proven track-record and deliver inspiring, innovative, and great value projects across the UK.”

Nottingham auctioneer appointed to sell Made.com furniture stock

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Auction house, John Pye & Sons Ltd, has been appointed by administrators of Made.com Design Limited to put stock on the market, in order to recover funds for creditors.

Due to difficult economic conditions, the high-value retailer, Made.com Design Limited appointed administrators from PricewaterhouseCoopers LLP (PwC) to manage its affairs, business and property on the 9th November 2022.

PwC has this week appointed John Pye Auctions to put the Made.com stock to the market, through its network of over 700,000 customers and 1,000,000 sq ft of sale space.

All of the UK stock from Made.com is included in the inventory, which comprises several thousands of upholstery, home furniture, outdoor and leisure, home accessories and lighting items.

Adam Pye, Managing Director at John Pye, said: “John Pye Auctions is deeply saddened by the nature of this case, having worked as close partners with Made.com Design Limited for over six years. We’ve formed relationships with many staff members. We wish all the very best to everyone negatively affected.

“As with any insolvency of a great British brand such as Made.com, there are always the tragedies of redundancies and loss. It is John Pye Auction’s role to realise the best we can for all creditors of the company. Thanks to our long-standing partnership with Made.com Design Limited, we have a customer base who are familiar with buying this type of stock, so we hope to be able to realise a positive return for creditors.”

Office Manager appointed by Blueprint Interiors

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Workplace consultants and office fit-out specialists Blueprint Interiors has appointed Kim Bates as their new office manager. Kim, who lives in Ashby de la Zouch, has worked in business administration and accounting roles for her entire 15 year career, during which she gained the experience that is essential as an office manager. In her new role Kim will support all departments to ensure Blueprint Interiors can deliver a quality service to clients. She will ensure the offices are running effectively on a day-to-day basis and will be involved in a range of activities, from monitoring health and safety and compliance to assisting with HR and procurement. She said: “I have a real passion for interior design and refurbishing buildings so I was excited about the opportunity to learn more about the industry whilst also being of practical help as office manager.” The appointment follows a successful period, during which the company has been appointed on projects for more high profile clients including The Melton Building Society, MIRA and Corteva Agriscience in Oxfordshire. Rachel Biddles, operations director, added: “We have a healthy pipeline of new projects already secured for 2023 and we felt the need to strengthen the administration and support team was essential.”

Consultation on £1.14bn devolution plans begins

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A public consultation about devolution for Derby, Derbyshire, Nottingham and Nottinghamshire has begun. The consultation is taking place from Monday 14 November until Monday 9 January 2023 and is an opportunity for everyone in the area to have their say about devolution proposals. It is open to residents, businesses, community and voluntary groups, and other organisations in the region. The leaders of the four councils signed up to work on a devolution deal on 30 August this year at an event at Rolls Royce in Derby, following an announcement from Government that a package of new powers and funding, worth £1.14 billion, were available for the area. Since August the councils have been working on agreeing a more detailed proposal for consultation, which includes more information about how devolution would work in our area. The four councils agreed to go ahead with a public consultation as the next step in the process, so everyone has the chance to give their views on the proposal. Chris Poulter, leader of Derby City Council, said: “The East Midlands has long been overlooked and held back compared to other areas of the country. The cities and counties in our region should have a bigger voice, and this devolution deal would give us the influence, funding, and powers that we deserve. “The investment in this deal will bring with it many opportunities. We could see more jobs, better transport and housing, an enhanced greener environment, and more value for money of services provided for our people. “The proposals that we’re consulting on are just the beginning, and we’re determined to build on it over time. I would encourage everyone to give us their views on the deal by taking part in the consultation.” Barry Lewis, leader of Derbyshire County Council, said: “Devolution is about getting a better deal for Derbyshire and the East Midlands and achieving a fair share for our region. It will bring us more money and mean we can make more meaningful decisions here, rather than in London. “This deal will bring more and better jobs and opportunities for training, improve the local economy, result in better transport and housing, and accelerate our route to Net Zero. I encourage everyone to take part in the consultation and give us their views on devolution. “A devolution deal, should it be agreed, would be the beginning, not the end. We’re determined to build on this deal over time, as other areas have done.” Ben Bradley MP, leader of Nottinghamshire County Council, said: “It’s great news that we’re moving forward with devolution plans for Nottinghamshire and the wider area. I’m really pleased that we’re making progress with this. “Devolution can bring real benefits for local people, as it has done in other parts of the country. It will mean more funding for our region, and the opportunity to have more meaningful decisions made here, near the people they affect, rather than in London, so they can be better tailored to local needs. “This is an opportunity to create jobs, boost our economy, enhance transport, build more and better homes, improve our environment, and more, and we need to grab it with both hands. I don’t want our area to miss out on a chance to improve things for everyone who lives and works here. “Devolution can help us be more effective locally, make better use of public money, and most importantly, improve people’s lives. It would lay the groundwork for us to build on in the future, to benefit future generations. “I’d encourage everyone to take part in the consultation and give us their views on the devolution deal.” David Mellen, leader of Nottingham City Council, said: “This deal has the potential to make a significant difference and local people would see the real benefits from the investment with more and better jobs, housing, training and much more. “For too long this region hasn’t had the investment it needed and deserves – by working on a deal we can start to address this, but this is just the start, and I will make sure that we get our fair share and make the most of this funding. “Importantly the deal would give us more control over our own area, where local people would have a say in the region’s priorities rather than decisions made in London. I look forward to hearing people’s views on the deal when the consultation launches.” Devolution would provide the region with a guaranteed income stream of £38 million per year over a 30-year period, and would cover around 2.2 million people, making it one of the biggest in the country. If the plans go ahead, it will mean a new regional mayor and it would create the first of a new type of combined authority for the two counties and cities, which requires new legislation from central government. The new elected regional mayor, like those who are already in place in other areas, would represent the whole area. The role of the mayor would be to look at major issues affecting the whole region, give the area a bigger voice, and take advantage of local knowledge and expertise. As well as the £1.14 billion, devolution plans include an extra £16 million for new homes on brownfield land, and control over a range of budgets like the Adult Education Budget, which could be better tailored to the needs of people in our communities. Devolution would mean that a future mayor and combined authority could: Work towards Net Zero and cleaner air with new low carbon homes, retrofit existing houses with external wall insulation, promote the use of renewable energy, and protect and enhance green spaces, like areas for wildlife and green verges. Build on the region’s existing knowledge and expertise in green technology and promote the growth of a future low carbon economy by investing in related skills training at colleges and other training facilities. Set up and coordinate smart integrated ticketing and enhanced concessionary fares schemes. Work with Homes England to build more affordable homes, by using new powers to buy land and housing (with district and borough council consent). Enhance the region’s economy by developing new commercial space to maximise opportunities. Work with national government on initiatives to address homelessness, domestic abuse, community safety, social mobility, and support for young people. Take advantage of economies of scale by using combined and devolved budgets to deliver more value for taxpayers and more cost-efficient services.   The four councils sent initial proposals to negotiate a combined devolution deal back in March 2022, after being named as pathfinder areas by the Government in February and then being invited to apply for a devolution deal. The councils have been working with the Government to develop details of the deal, alongside discussions with district and borough councils, businesses, and other stakeholders. If the devolution deal is formally approved, the Government will pass legislation bringing a new combined authority for the East Midlands into existence. The first election for a regional mayor for Derby, Derbyshire, Nottingham, and Nottinghamshire, would be in May 2024. The regional mayor would lead the new combined authority, which would also include representatives from local councils, with decision making powers and resources moving from London to the East Midlands. Local businesses would also have a voice, as well as other organisations. The devolution deal would not mean scrapping or merging local councils, which would all continue to exist as they do now and would still be responsible for most public services in the area. The mayor and combined authority would instead focus on wider issues like transport, regeneration, and employment across both cities and counties. More information about the consultation, and a link to the online survey, are available online.

Oberoi Business Hub helps Wowcher find perfect office deal

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Wowcher has joined the list of businesses which have benefited from short term office contracts offered by Oberoi Business Hub. Wowcher had previously been based at the former Derby Telegraph offices in Northcliffe House and required temporary accommodation for two months before the new premises were available at Pentagon House in Sir Frank Whittle Road. Within three days of the initial enquiry, Oberoi Business Hub centre manager Jodie Brady and the team prepared a fully furnished office for 12 team members with access to informal work and social space and full use of the shared kitchen and reception. Wowcher head of operations Julian Boardman added: “We were very impressed with Oberoi Business Hub’s swift and efficient on-boarding – providing us with great quality facilities to ensure business continuity during this time of transition.” Other businesses which required temporary office accommodation at Oberoi Business Hub have included ICP Nurseries, Amey Consulting and Engineering Reinforcing Steel Industries. Founder Kavita Oberoi explained: “Feedback from agents and our own experience at the Oberoi Business Hub is that Derby’s commercial property market has been particularly buoyant this year thanks to new premises becoming available and businesses re-evaluating their office accommodation requirements. “By offering a wide range of different options – our team at Oberoi Business Hub are able to respond quickly and efficiently to businesses and organisations requiring high quality temporary accommodation due to consolidation or expansion.”