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CHANCERYGATE DEVELOP ON GWIP SOUTHALL

Posted on: November 21, 2013

Chancerygate have successfully completed the purchase of 2 acres on Dean Way, Great Western Industrial Park, Southall. A planning application has been submitted for 50,000 sq ft of industrial/warehouse accommodation. Construction of the terrace of three units, ranging in size from 16,000 sq ft up to 18,750 sq ft will commenced upon receipt of planning early in 2014.

Alastair King of Chancerygate commented: “Through our contacts in the occupational market in this location we are pleased to say that two of the units totalling 35,400 sq ft have already been pre-sold and the third unit has already received strong interest on a freehold basis. We are keen to secure more development opportunities to satisfy further requirements we have”.

DTRE acted for Chancerygate on the site purchase and Jones Lang La Salle on the pre-sale.

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THE CURVE FULLY LET AGAIN

Posted on: November 21, 2013

The Curve – a student accommodation and retail development in London E1 by Chancerygate and Bridges Ventures – once again achieved 100% occupancy at the beginning of the academic year. Comprising 350 studios and en suite clusters the accommodation achieved 100% occupancy at the start of October for the 2013-14 academic year.

James Deane, Finance Director at Chancerygate commented “The Curve is now firmly established within the Central London student accommodation market following its opening in May 2012 and we are delighted to have achieved full occupancy in a highly competitive market. This is testament to the quality of the accommodation, and the tireless work undertaken by the on-site management team has helped us to achieve this excellent result”

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CHANCERYGATE SUPPORTS LANDAID

Posted on: November 21, 2013

Chancerygate has become a Foundation Partner of the property industry charity, LandAid. The charitable foundation works to improve the lives of children and young people in the UK who experience disadvantage due to their economic or social circumstances.

Andrew Johnson, Chairman at Chancerygate commented “This is a superb charity which I and the team at Chancerygate are proud to be involved with. The team at LandAid and the property industry as a whole work extremely hard to help many causes associated with disadvantaged children and young people and I would encourage others to become involved in this worthwhile charity.”

Leah de Silva, Head of Fund Raising and Partnerships at LandAid commented: “We are delighted to welcome a company of Chancerygate’s standing in the property industry as a foundation partner”.

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CHANCERYGATE STRENGTHENS TEAM

Posted on: November 6, 2013

Leading industrial development and investment company, Chancerygate, has appointed George Dickens (right) to the post of Asset Manager/Development Surveyor and Tony Hynes (left) as a Project Manager.

George was previously with Evander Properties where he was involved on a series of development and asset management projects including the 25-acre Revolution Park in Chorley and the 260,000-sq ft Expansion Enfield development. Prior to joining Evander, George was with Kier Property.

Tony is a chartered building surveyor with 15 years’ experience of industrial and business space project management. He was previously a Project Manager at SEGRO where he worked on the company’s Greater London portfolio. His career has also encompassed roles with Rider Levett Bucknall and Brixton plc.

Eddie Cook of Chancerygate comments: “George has a solid background of progressing substantial projects while Tony has a wealth of experience in project management and construction. Both will be valuable additions to our asset management and development teams and their appointment forms part of Chancerygate’s business plan to grow and extend our development platform; an area where we see great opportunity”.

Tony can be contacted on 020 7657 1885 (ahynes@chancerygate.com)

George can be contacted on 020 7657 1853 (gdickens@chancerygate.com)

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CHANCERYGATE ACQUIRES SOUTH LONDON INDUSTRIAL ESTATE

Posted on: July 22, 2013

Chancerygate has secured another multi-let industrial estate, this time in Norwood south east London. The Windsor Centre located in Windsor Grove comprises 16 light industrial units developed in the early 1990’s arranged over two terraces totalling some 37,500 sq ft and was acquired from Shell Pension Fund managed by CBRE Global Investors. Chancerygate’s Managing Director, Eddie Cook comments: “this is a well located estate close to the centre of London which will present excellent opportunities for us to make long leasehold disposals against a very limited supply. Our strategy will be to undertake further disposals as and when we gain vacancies from this estate. In the meantime we will enjoy the income provided by the tenants at this estate”.

Cluttons and Freeth Cartwright acted for Chancerygate in the purchase.

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CHANCERYGATE TAKE TO THE STAGE

Posted on: April 22, 2013

The Chancerygate team slipped into their dinner suits and joined the 1,200+ guests at the Grosvenor Hotel in London for the property industry’s biggest awards show, the Property Awards 2013. Chancerygate were sponsoring the Industrial Agency Team of the Year category, and Don Bailey presented the award to Tim Johnson, the Head of Industrial Agency at winners, Jones Lang LaSalle.

www.awards.propertyweek.co.uk

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CHANCERYGATE BUYS IN SOUTHALL

Posted on: March 13, 2013

Chancerygate has bought a multi-let industrial estate in Southall, west London.

The Dominion Industrial Estate is located on Dominion Road and comprises seven units.

Eddie Cook of Chancerygate commented: “This estate provides active asset management opportunities. As with most of our purchases of this kind, the strategy will be to refurbish the estate and provide a new offer before bringing the improved space back to the occupier market later in the year”.

The acquisition follows Chancerygate’s recent purchase of the Provident Industrial Estate in Hayes.

Deloitte Real Estate acted for Chancerygate in the purchase. The vendors, Mars Pension Fund, were advised by Lewis & Partners.

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CHANCERYGATE BUYS AGAIN IN WEST LONDON

Posted on: March 13, 2013

Chancerygate Asset Management has acquired the Provident Industrial Estate, a multi-let industrial estate in Hayes. The acquisition was without recourse to any bank debt. The estate in Pump Lane comprises seven units arranged in two terraces along with a stand-alone unit all let to a variety of occupiers. It was part of the Spoke Portfolio being marketed by DTZ at the end of last year.

Chancerygate Managing Director, Eddie Cook, comments: “This is a well-located estate which offers good asset management opportunity through refurbishment and potential to redevelop part of the estate.

“It furthers our acquisition strategy of buying in the Greater London area where Chancerygate has established a specialism as both developer and investor. Rory Finnan who joined Chancerygate in November will be asset managing the estate.”

Edgerley Simpson Howe acted for Chancerygate in the purchase. The vendors, Co-operative Estates, were advised by DTZ.

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FINAL UNIT UNDER OFFER AT 4-40 LINK IN SOUTHALL

Posted on: March 13, 2013

The final unit of 12 at Chancerygate’s 4-40 Link development in Southall has now gone under offer – just over a year after the scheme was completed.

The 80,000-sq ft project was the first speculative warehouse development in west London since the financial crash and has proved very popular with owner-occupiers.

Chancerygate’s Don Bailey commented: “We took a big decision to embark on this development, but also took great care to provide a superior product in a great location. This approach has been rewarded by a steady stream of sales at capital values which are more than 20% above those achieved by our first phase of units on the adjoining site.

“4-40 Link has proved that even in the current difficult economic conditions there is buyer demand in this part of London. We are now seeking further similar sites in West London for development.”

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THE CURVE IS 100% LET

Posted on: March 13, 2013

Chancerygate has secured two new occupiers for 47,000 sq ft of space at its S:Park development at Junction 27 of the M60 near Stockport.

The Curve – a 350-bed student accommodation and retail development in London E1 by Chancerygate and Bridges Ventures – is fully let.

Following completion last year, the entire scheme was occupied by the Olympic Broadcasting Services for the duration of the London 2012 games and is now fully let to students with forward commitments from other institutions for summer school internship letting.The retail element was pre-let to Tesco and provides an attractive offer to its captive market directly above the store.

Chancerygate’s Eddie Cook, commented: “It is exciting to see The Curve fully occupied and buzzing with activity. Its location and the quality of its environment have proved hugely popular with students who have come from around the UK and also from many other international locations”.

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NEW OCCUPIERS AT S:PARK

Posted on: March 13, 2013

Chancerygate has secured two new occupiers for 47,000 sq ft of space at its S:Park development at Junction 27 of the M60 near Stockport.

Alan Howard Hair & Beauty Supplies agreed a 15,000-sq ft pre-sale on a headquarter office and warehouse unit on a freehold basis while Ossur UK, a leading global supplier of prosthetics, has agreed a new 15-year pre-let on a 15,000-sq ft head quarter office and warehouse facility.

Alastair King, Property Director at Chancerygate comments: “Following sales of the initial S:Park phases to Infinity Nissan, The Big Yellow Storage Company and Guy Salmon for its new Land Rover/Jaguar dealership, and the pre-sale and pre-let deals above we made the decision to build a further phase of three units speculatively, which we believe are the first speculative units to be built in the Greater Manchester area since the economic downturn.

“Prior to practical completion we have pre-sold a 7,000 sq ft unit to a local trade occupier, and have placed a second 10,000 sq ft under offer. With completion due towards the end of March we have one 5,700 sq ft unit remaining.

On the remaining 3.5-acre third phase detailed discussions are in hand for a 60,000 sq ft design-and-build and further speculative units are being considered.

Joint agents for the scheme are Davies Harrison and Jones Lang LaSalle.

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SMALLSMART SIGNS IN BIRMINGHAM

Posted on: March 13, 2013

Baby product retailer, Smallsmart, is the latest business to take space at Chancerygate’s Birmingham Trade Park. It has taken the 1,933-sq ft Unit 17 on the park.

The development provides an opportunity to lease or purchase trade/industrial/warehouse units with prominent frontage on to the Kingsbury Road (A38) at Erdington.

The units have consent for B1(c), B2 and B8 uses with up to 30% of floor space useable for trade sales.

Available properties from Chancerygate

Cardington Point Bedford
Cardington Point
Bedford
36,597 sq ft
Single Unit
Freehold/Leasehold

More details…

Octagon Park Birmingham
Octagon Park
Birmingham
2,146 sq ft
Industrial/Warehouse units
To Let
Units available 1

More details…

Vertex Park
Vertex Park
Emersons Green, Bristol
4.8 acres
Warehouse accommodation
Leasehold
Units available 11

Horizon Park
Gateway 44
Carlisle
2,500 sq ft - 30,000 sq ft
Bespoke
Leasehold

More details…

Site 1
Site 1
Carlisle
10,000 sq ft - 58,000 sq ft
Bespoke
Leasehold

More details…

Chelmsford
Chelmsford
Trade Park
5,005 - 12,000 sq ft
Trade counter/Industrial/
Warehouse Units
To Let

More details…

Eaton Point
Eaton Point
Chorley

3,305 sq ft up to 28,749 sq ft
Industrial/Warehouse
For Sale/May Let

More details…

Eaton Point
Unit One Eaton Point
Chorley

47,478 sq ft
Industrial/Warehouse
To Let

More details…

Dartford Brochure
Panorama
Dartford
4,650 to 23,842 sq ft
Industrial/Distribution
Warehouse units

More details…

The Grid
The Grid
Enfield
5,867 to 39,560 sq ft
Industrial/Warehouse
For Sale/To Let
Units available 9

More details…

Tannochside
Tannochside Business Park
Glasgow
17,347 sq ft
Industrial/Warehouse
Leasehold

More details…

East Place
East Place
Harlow, Essex
5,005 sq ft to 34,951 sq ft
Trade counter/Industrial
For Sale/To Let

More details…

Spring Park
Spring Park
Hemel Hempstead
4,975 - 10,800 sq ft
Warehouse/Industrial/Trade Counter
To Let

More details…

Wye Business Park
Wye Business Park
High Wycombe
15,715 - 32,140 sq ft
Industrial/Warehouse
For Sale/To Let
Units available 3

More details…

Irlam Business Park
Irlam Business Park
Irlam
1,918 - 3,153 sq ft
Industrial/Warehouse
Leasehold
Units available 3

More details…

Knutsford Cheshire
Novus
Knutsford, Cheshire
3,000 sq ft to 100,000 sq ft
Industrial/Warehouse units
Warehouse Units
To Let/For Sale

More details…

Mersey Reach
Mersey Reach
Liverpool
11,500 sq ft - 90,000 sq ft
Industrial/Warehouse
Leasehold

More details…

Twyford
Livingston
 
3,500 sq ft to 66,900 sq ft
Industrial/Warehouse
To Let/May Sell
Units available 9

More details…

Vale Industrial Park
Vale Park
London
2755 and 3249 sq ft
Warehouse accommodation
To Let
Units available 2

More details…

Hemel Hempstead
Maidstone Exchange
Maidstone, Kent
1,775 to 80,000 sq ft
Trade counter/Industrial
Freehold/Leasehold
Units available 12

More details…

Satellite Park
Satellite Park
Manchester
17,896 sq ft
Trade Counter/Warehouse Unit
To Let

More details…

Milton Keynes Trade Park
Milton Keynes
Trade Park - Phase 1
2,385 sq ft
Industrial and trade units
Leasehold
Units available 3

More details…

Milton Keynes Chancerygate Business Center
Milton Keynes CBC
Trade Park - Phase 2
1,905 - 9,956 sq ft
Trade units
To Let
Units available 15

Horizon Park
Horizon Park
Poole
1,658 to 20,129 sq ft
Warehouse/distribution units
Freehold or Leasehold

More details…

Klinger Aerial
Klinger Industrial Park
Sidcup
5,845 sq ft to 46,393 sq ft
Warehouse/Trade counter/
Roadside
For Sale or To Let
Units available Q3 2017

More details…

Apollo Park
Apollo Park
Yate
3,500 sq ft to 32,000 sq ft
Industrial/Distribution/
Warehouse
Freehold or Leasehold

More details…