BUSINESS SPACE AGENCY Maximising client’s assets
pph-commercial.co.uk
PPH Commercial was established in 1990. The business space agency team has been at the forefront of the company’s development and has consistently transacted more space than any other firm of chartered surveyors or commercial property consultants in the Yorkshire and Humber Region. Via a network of 4 offices, PPH Commercial has an unrivalled knowledge of the commercial property market place in the Yorkshire and Humber Region.
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INTRODUCTION
OUR APPROACH At PPH Commercial all instructions are led by a director who is a fully qualified member of the Royal Institute of Chartered Surveyors. The proactive hands on approach provides results. PPH Commercial is a private firm of chartered surveyors and commercial property consultants with an unrivalled knowledge of their local market and an in depth knowledge of the disposal and acquisition of all types of business space in our region. Our strength is the quality and experience of our team.
Why choose PPH? PPH Commercial provide concise, accurate advice to a wide range of clients including landlords, tenants, developers, public and private sector organisations. We have a vast amount of knowledge in the Yorkshire and Humber business space market place. Our service is personal and our approach is meticulous, it starts upon initial instruction and finishes when successful conclusions have been reached.
OUR APPROACH
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OUR SERVICES PPH Commercial has one of the most successful commercial property Business Space agency teams in the north of England. PPH has gained a reputation for being one of the most active agency teams in the industry, being awarded Estates Gazette’s most active agent in Yorkshire and Humber region for 10 consecutive years. With an in depth knowledge of the local market place, we offer clients a comprehensive and proactive service ensuring added value on all instructions.
Sales We advise clients on the whole sale process from initial instruction to completion of the legal documentation. Our advice is based on maximising value for the client, but in the context of the marketplace and within defined timescales agreed with the client. Our experience and knowledge of the local marketplace and ability to identify the right solutions has been at the forefront of our agency activity.
Lettings PPH advise on the letting of all types of business space property which includes overseeing the whole process from initial instruction to completion of the lease. Clients are kept informed at all times as to progress, ensuring high levels of client satisfaction.
Acquisitions Being the leading team on agency work means we are in an enviable position to act for clients on acquisitions. Having up-to-date market knowledge means we acquire properties for clients, that are not always on the market, but at market values.
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OUR SERVICES
Development advice The team at PPH has experience of advising on a wide range of development sites and projects, including design and build opportunities through to disposals and including site acquisition and procuring development funding. With a knowledge of the development process and an appreciation as to the dynamics in the marketplace, we work with clients from initial acquisition to final delivery and practical completion of schemes.
Investment advice Investment advice requires capital expertise and the ability to analyse the underlying drivers and factors influencing market performance. At PPH we provide specialist investment advice to a range of national and regional clients which includes sales and acquisition advice, portfolio analysis and asset management services, all designed to achieve maximum value for clients.
KEY FACTS
Over 750 business space agency instructions
Most active
commercial property agent in t he Yorkshire and Humber region
Fully qualified RICS surveyors and support staff dealing exclusively with agency instructions
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Office locations
providing local coverage to East Yorkshire, South Yorkshire, North Lincolnshire and North East Lincolnshire
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consecutive EGI awards as Yorkshire and Humber’s most active agents
HULL
GRIMSBY SCUNTHORPE
DONCASTER
EXPERIENCE
HUMBER ENTERPRISE PARK, BROUGH, EAST YORKSHIRE, HU15 1EQ
BRIDGEHEAD BUSINESS PARK, BOOTHFERRY ROAD, HESSLE, EAST YORKSHIRE
PPH Commercial were initially instructed to advise on the disposal of the freehold interest at Brough by BAe Systems. On receiving the initial brief PPH advised BAe to consolidate their occupation into certain key elements of the site, with the balance of the site being marketed for sale. BAe committed to long leasehold interests creating the potential for the sale of an investment and development opportunity.
PPH Commercial on behalf of Wykeland Limited were initially instructed to advise on the proposed business park development now known as Bridgehead back in 1994. The initial instructions were to advise on the proposed concept of a business park in this location, which took a considerable time to bring to fruition due to changing planning policies.
Working within predefined criteria, PPH identified a shortlist of potential purchasers, from which Citivale Ltd were selected as the preferred partner. The site being sold for a figure in excess of £10million with a secured income stream from BAe of over £650,000 per annum. PPH Commercial have been retained by Citivale to provide development advice on the balance of the site, this includes over 450,000 sq ft of vacant industrial space and 85,000 sq ft of vacant office space. A phased refurbishment and redevelopment plan was brought together which has seen new occupiers arrive on the site since Citivale’s acquisitions and these include Howden Joinery Ltd, Cablescan Ltd, Supercraft Ltd and East Riding of Yorkshire Council. PPH are now actively marketing the vacant office and industrial space with three separate deals in solicitors hands and income on the site now at £1.35million per annum.
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EXPERIENCE
Phase 1 of the development is now well advanced and PPH are sole agents on the scheme providing letting and sales advice initially on the speculative offices, but then subsequently on the design and build opportunities which are being created. At present, around 200,000 sq ft has already been developed on site with up to 60,000 sq ft now planned and expected to be constructed within the next 14 months. As agents to Wykeland, PPH are now advising on the second phase of the development, on the south side of Boothferry Road adjacent to the Humber Bridge. Bridgehead has, as expected, proved highly successful being the premier office park in the East Riding and is already the home to Victoria Plum, SGS, John Good Travel, Beal Homes, Rofin Sinar and IT@Spectrum.
BUSINESS SPACE AGENCY TEAM Ben Medhurst BSc MRICS
Director
Nick Pearce BSc FRICS Director
01482 626910
01482 626900
ben.medhurst@pph-commercial.co.uk
nick.pearce@pph-commercial.co.uk
Duncan Willey BSc (Hons) MRICS
Divisional Director - Scunthorpe & Grimsby
Charles Atkinson BSc (Hons) MRICS Divisional Director - Scunthorpe & Grimsby
01724 282278
01724 294944
duncan.willey@pph-commercial.co.uk
charles.atkinson@pph-commercial.co.uk
Ben Cooper BSc (Hons) MRICS Associate Director - Hull & East Riding
Ian Brooks BSc MRICS Divisional Director - Doncaster
01482 626912
01302 640352
ben.cooper@pph-commercial.co.uk
ian.brooks@pph-commercial.co.uk
CONTACTS
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pph-commercial.co.uk
East Yorkshire HULL
North East Lincolnshire GRIMSBY
North Lincolnshire SCUNTHORPE
South Yorkshire DONCASTER
The Hesslewood Estate Ferriby Road Hessle East Riding of Yorkshire HU13 0LG
Europarc Innovation Way Grimsby North East Lincolnshire DN37 9TT
Princess House Arkwright Way Scunthorpe North Lincolnshire DN16 1AD
1st Floor Richmond House Sidings Court Doncaster South Yorkshire DN4 5JH
Tel: 01482 648888
Tel: 01472 267513
Tel: 01724 282278
Tel: 01302 341041
Chartered Surveyors and Commercial Property Consultants