Author Archives: Sarah Shepherd

  1. Littlefish Swims Into New Waters With Help From NG

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    Fast-growing IT support company Littlefish has relocated to the Creative Quarter in a deal brokered by property specialists at NG Chartered Surveyors.

    Littlefish is moving from its previous headquarters in Carlton, in a deal completed by Jonathon Seddon at NG on behalf of clients GW Price. Littlefish has taken 8,500 sq ft at 37 Stoney Street on a 10-year lease with an option to break after five years.

    Jonathon said: “This is a large office letting in the context of the local Nottingham market and, particularly so, for the Lace Market. However, whilst the suite could have been easily split into two and my client had opportunities to let it out on this basis, they had the courage to hold out for a single occupier. It’s great that the Creative Quarter can now attract tenants requiring large suites of accommodation.”

    Littlefish was formed in 2002 and was based at its current site in Olga Road in Carlton for eight years. Since acquisition by the current management team in 2010, it has have grown from a £1.2m turnover business with 20 staff to £6m today with more than 70 staff.

    Whilst this has included the acquisition of a Service Centre operation in Greater Manchester, the majority of growth has been organic and serviced from its Nottingham HQ.

    Littlefish’s growth is increasingly international, and they have recently launched a multi-lingual Service Desk service, manned from the Nottingham HQ.

    Steve Robinson, Managing Director of Littlefish, said: “We had got to the stage where we were literally bursting at the seams and with a continually expanding pipeline, the new offices at 37 Stoney Street in the Lace Market will provide sufficient room for growth.

    “This move lays the foundations for the next five years for Littlefish. Not only is it an exciting new home for our staff with new facilities following a complete refurbishment, but it also provides all important headroom for further expansion, enabling us to near double the existing Nottingham service capacity. We have designed a new break-out space for our staff that includes communal lounge, dining and games area. Games console and table tennis were high on the priority list for that all important down-time.”

    Steve said it is important to be in the Lace Market to be in the mix of a central, vibrant local business community. He added: “The Creative Quarter location also provides the flexibility of using Nottingham’s increasingly accessible public transport links for many of our staff to get into work. All in all, we are very excited.”

    Michael Price of GW Price added: “This is a great letting for us, and we are delighted to have such a dynamic and innovative company as our tenants. Jonathon at NG, as usual, is guiding us down the right track to obtain the best result for all concerned. Business is certainly picking up speed, in the Lace Market with GWP having 5 new signings this calendar year. We hope to continue, this run, with a suite of 1,400 sq f, which we are currently refurbishing.”

    Lambert Smith Hampton acted on behalf of Littlefish in their search and acquisition of suitable office premises.

  2. NG Gets Creative To Find App Developer AppInstitute Bigger Premises

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    Small business do-it-yourself mobile App building platform creators, AppInstitute, have expanded into new offices in Creative Quarter in a deal brokered by commercial property specialists at NG Chartered Surveyors.

    AppInstitute has moved to 2,700 sq ft offices at 39 Stoney Street in the heart of the city’s Creative Quarter. The deal was completed by Jonathon Seddon, director at NG, on behalf of landlord GW Price, which itself has historic roots in the Lace Market area.

    Jonathon said: “The Creative Quarter is incredibly important in promoting businesses and giving them the space and encouragement to grow. App Institute is such as business, and we reacted quickly to their needs and worked with our client to find them room for their fast-expanding business.

    “We’re always keen to talk to businesses in the creative sector, and to help them realise their growth ambitions. Indeed, we have another high quality suite of around 1,500 at 39 Stoney Street, which is fast becoming a real hub for the creative industries. We’d urge any expanding firms to get in touch as soon as possible.”

    Ian Naylor, founder and CEO of AppInstitute, said: “As a business we are expanding, and needed bigger premises to house our team. We’d been searching for suitable premises for some time, and had a specific requirement to remain in the Creative Quarter. NG were able to help us with that.

    “The core benefit of moving into our new offices is that we’ll be able to continue to grow. Also all our team can now breath out a little, as we’ve been packed like sardines in our present office for the last few months.

    Speaking about his experience of working with NG, Ian said: “Jonathon has been great to deal with. He helped us through the move, and made the whole process as pain free as possible.”

    Michael Price of GW Price added: “For us, this has been a great deal. It’s great to have a company of the calibre of AppInstitute as tenants, and we wish them every success in their new home. I have nothing but praise for Jonathon for the way he and the NG team handled the deal.”

    The Creative Quarter area is centred on the historic Lace Market and Hockley areas in Nottingham, but it also includes BioCity and Sneinton Market. It is the key focus for the city’s ambitious Growth Plan, put in place to support economic growth.

    Kathy McCardle, CEO of the Creative Quarter, said: “At the Creative Quarter, a major part of our remit is to encourage businesses to locate themselves in the CQ. To help us with this process we offer several support mechanisms such as the CQ Loan Fund and New Business Rates Relief funding that companies can apply for, as well as promoting lots of other funding and support opportunities that our partner organisations offer.

    “AppInstitute is one of a number of companies that has taken up some of the support that is available and due to their success over the past couple of years is now moving into bigger premises to accommodate their growing team.”

  3. NG Manufacturers Expansion Plans At Preconomy

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    NG Chartered Surveyors, acting behalf of landlords Standard Life, has successfully let Unit 1B, Longstoop Way located on the Crown Farm Industrial Estate in Mansfield.

    The 23,621 sq ft industrial unit has been let to Preconomy on a new 5-year lease. Preconomy is an expanding engineering company specialising in mould and die manufacturing.

    Henry Henson of NG, who completed the deal, said: “This deal in Mansfield shows that there is a definite sense of confidence within the local marketplace.

    “Preconomy is a rapidly expanding firm, and could’ve chosen to move out of the area. However, they decided to stay in Mansfield after we identified Longstoop Way as the perfect arena for their expanding operations.

    “Preconomy is set to invest substantial amounts of money in its new premises and is installing Brisbane tanks and a large crane system for its manufacturing process.

    “Our client Standard Life was very happy to get this deal done, which shows, once again, that NG is the best agent for the job when it comes to local knowledge and experience.”

    Alex Tommason of Standard Life, said: “In regards to NG, the expertise shown by Henry and his colleagues was at a high level and I was very happy in the service provided.”

    Scott Osborne of Innes England acted for Preconomy. He said: “Preconomy is a long-established and well-respected Nottingham business with a highly skilled workforce and I am pleased we were able to satisfy their requirement locally.
    “Takeup in the Nottingham industrial market recorded its highest levels of activity in eight years last year – we recorded 1.2m sq ft of transactions for the calendar year 2014 – which is reflected by the confidence of local businesses such as Preconomy. I wish them continued success at their new Crown Farm premises.”

    Tim Gilbertson at FHP was joint agent on the deal.