Time to take the plunge at Bond Wolfe Auctions’ record breaking February sale

We still don’t know when we will be able to enjoy sun, sea and sand again, but one lucky buyer at Bond Wolfe Auctions’ February sale could still enjoy a daily swim.

Flat 2 at Pinnacle House, 632 Evesham Road, Redditch, is a two bedroom apartment in a luxury block which comes with its own basement swimming pool.

The apartment is being offered in Bond Wolfe Auctions’ record-breaking sale on Wednesday 17 February which has an ultra-early start time of 8.30am in order to accommodate the 232 lots going under the hammer on the day.

The auction is the largest one ever to be offered in the Midlands and will be livestreamed online.

The vacant property is on a long leasehold and offers two bedrooms, one with en-suite shower room, an open plan reception room and kitchen and a family bathroom. Pinnacle House has electric security gates and allocated owner parking.

But the star attraction at this property is the communal swimming pool and changing facilities. It is being offered with a guide price* of £100,000+.

James Rossiter, auction valuer at Bond Wolfe Auctions, said: “Constructed in the early 2000s, Pinnacle House was built to a high specification and provides exceptional accommodation for the area.

“The swimming pool is a major attraction for those who like to keep up their exercise on cold, winter days when the pavements are still icy, and is an added bonus in what is already an impressive property.”

Bond Wolfe Auctions’ next online auction will be livestreamed via the website at www.bondwolfeauctions.com starting at the earlier time of 8.30am on Wednesday 17 February 2021, with remote bidding by proxy, telephone and internet only.

Anyone interested in the auction or with properties for sale in future auctions should contact enquiries@bondwolfeauctions.com or call 0121 312 1212.

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* Each property is subject to a reserve price which may be different from the guide price.

For further information, please contact:

Suzanne Randell, Chief Operating Officer,

Bond Wolfe Auctions,

1st Floor, 75/77 Colmore Row, Birmingham B3 2AP

0121 312 1212

www.bondwolfeauctions.com

Twitter – @BondWolfeAuc

Editors’ notes:

Bond Wolfe Auctions has a record breaking and award-winning team with over 300 years of combined property experience.  They sell all types of residential, commercial and mixed-use property, investments and land/development sites for private individuals and corporate clients. They will hold seven auctions in 2021, as well as offering online auctions selling properties nationally across the UK.

REI remains positive with strong 2020 rental collection performance

Real Estate Investors plc (REI), the only Midlands-focused Real Estate Investment Trust, has reported a strong overall rental collection performance for 2020 of 95.29%.

In a year beset by Covid-19 and Brexit concerns, REI has benefitted from a range of diverse and ongoing asset management initiatives across the company’s portfolio of 1.59 million sq ft of commercial property.

REI chief executive officer Paul Bassi said: “Rent collection has been the key focus of our business against the backdrop of Covid-19.”

“Our strong result of 95.29% is expected to improve over the coming weeks and months as occupiers who have the ability to pay but have previously taken advantage of government legislation on overdue rents, begin to pay and tenants who are currently closed, commence re-trading later in 2021.”

“Further collections generated will be attributed to the relevant current or historic quarters, resulting in improvements in the overall rental collection performance.”

He added that with 262 occupiers across 53 assets, REI’s portfolio remained stable and robust with ongoing opportunities being realised via asset management initiatives.

“A diversified portfolio, with no material reliance on any single occupier, asset or sector has underpinned the positive rent collection.”

Against a challenging backdrop in 2020, REI completed 34 value-add lease events, including seven lease renewals.  As a result of proactive asset management initiatives in 2020, REI’s WAULT has improved to 4.8 years to break and 6.54 years to expiry (Year ending 2019: 3.82 years to break and 5.79 years to expiry)

Mr Bassi said: “Our occupancy at the year-end is 91.60% against a 2019 figure of 96.3%.  This reduction is almost entirely due to known lease events predominantly in our office sector that, in a normalised marketplace, would provide opportunities to increase lease terms and improve our average lease length (WAULT), along with the potential for capital uplifts within our portfolio.”

“We already have space under offer to the NHS/CO-OP/ Department for Work and Pensions.”

“While we are seeing some delay in tenant occupancy decisions, we note the strength of demand for our convenience and neighbourhood portfolio, with increases in occupier requirements from national c-store and essential services operators.”

“The pandemic-driven increase in turnover experienced by these businesses has seen many seek to rapidly expand their presence. Our focus on convenience and neighbourhood assets will continue as opportunities emerge.”

REI announced a share buyback on 20 October 2020, to purchase an aggregate market value up to £2 million of the Company’s ordinary shares.  In aggregate, between 20 October 2020 and 27 November 2020, the Company repurchased 7,042,700 ordinary shares at an average purchase price of 28.40 pence per share.

The company’s income, despite challenges faced throughout the pandemic, has supported the continuation of REI’s dividend payments which were paid at a level of 0.50p per quarter in 2020.  The level of the final dividend payment will be confirmed with REI’s year end results in March 2021.

Mr Bassi added: “The diversity of our portfolio and intensive asset management, has resulted in resilient levels of rent collection, and has allowed us to combat much of the impact of COVID19, which has devastated many other businesses.”

“With a growing occupier demand resulting in new pipeline lettings for our void space, combined with portfolio lease renewals, we believe that we will move forward with a stable and secure property business, to make opportunistic sales and acquisitions that support a continued progressive dividend policy.” 

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For further information, please contact:

Paul Bassi, Chief Executive Officer,

Real Estate Investors plc, 2nd Floor, 75/77 Colmore Row, Birmingham B3 2AP

0121 265 6406 or 0121 212 3446

www.reiplc.com

Prepared and issued by Andy Skinner at ASAP, 01608 651203, mobile, 07990 978257 

About Real Estate Investors Plc

Real Estate Investors Plc (REI Plc) is a publicly quoted, internally managed property investment company and REIT with a portfolio of 1.59 million sq ft of commercial property, managed by a highly-experienced property team with over 100 years of combined experience of operating in the Midlands property market across all sectors.

The Company’s strategy is to invest in well located, real estate assets in the established and proven markets of central Birmingham and the Midlands, with income and capital growth potential, realisable through active portfolio management, refurbishment, change of use and lettings.  The portfolio has no material reliance on a single asset or occupier.

Tribunal appoints Principle to look after Jewellery Quarter apartments

A building containing eight apartments in Birmingham’s Jewellery Quarter is to be looked after by Principle Estate Management following an official appointment by a property tribunal.

Leaseholders at 58 to 60 Albion Street applied to a First-tier Tribunal (FTT) after dissatisfaction with how their properties were being managed and nominated Principle as their preferred choice for future estate management.

The tribunal agreed that chartered surveyor Joe Jobson, a director at Principle, had the correct skills to do the job.

The decision came after Mr Jobson quickly built-up trust with leaseholders by holding a number of meetings and inspecting the development last year, when the initial application to the FTT was made.

Mr Jobson said his management proposal to residents was made by email with an interview via a Teams virtual meeting, and that it was a “huge honour” that they nominated Principle as their future agent.

He said: “I am really pleased to have been appointed manager and this is great recognition both for myself personally and the reputation of Principle as a growing business.

“We are continuing to work closely with the landlord at Albion Street to ensure the smoothest transition of pertinent information needed for ongoing management.”

Since being appointed, one of Principle’s property managers, Jamie Noon, has overseen a number of outstanding projects on the scheme.

Mr Jobson added: “Since joining Principle, Jamie has formed a number of good working relationships with our clients and inspires confidence.

“He is somebody who gets stuff done and in conjunction with myself has held a number of Teams meetings with residents to keep them up to speed with progress.”

A spokesperson for the residents at the Albion Street property said: “We are delighted with the positive steps Joe Jobson and the Principle team have taken since being appointed.

“They have been very quick to address all the immediate maintenance issues and we are now looking forward to strategic planning for major works in 2021.”

Now in its third year, Principle has tripled in size in the last 12 months, with the number of units it looks after rising from just under 2,000 to more than 6,000. Although based in Birmingham, the company offers a national property management service.

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For further information please contact:

Brett Williams, Principle Estate Management LLP, Tel: 07954 078711 / 0121 289 4315

Email: BWilliams@PrincipleEstate.co.uk

www.PrincipleEstate.co.uk

https://twitter.com/PrincipleEM

https://www.linkedin.com/company/principle-estate-management/

https://www.facebook.com/PrincipleEstateManagement/

Editors’ notes:

Principle is a customer-focused managing agent providing a transparent property management service to the highest standards nationwide, focusing particularly on the management of apartment buildings. Principle Estate Management, based in Birmingham, launched in Spring 2018 and is led by experienced chartered surveyors. The business was born out of a passion for “doing it right” through a director-led, friendly approach combined with robust systems that maximize efficiency. Principle provides a service that sets the aspirational standard for other agents. The company manages modern apartment buildings, traditional blocks of flats, mixed use developments, private housing estates and private rented sector (PRS) or build-to-rent (BTR) developments, as well as portfolios of rented properties for residential or commercial landlords.

Highly rated hotel near M5 at Bromsgrove for sale at £600,000+

A popular hotel that has been put up for sale close to the M5 motorway in north Worcestershire is already attracting keen interest from potential new owners.

The Bluemont Hotel, on the A38 Worcester Road in Bromsgrove, is being marketed for offers over £600,000 by Bond Wolfe Commercial, the leading Midlands property agency.

The established hotel, which has 27 en suite guest bedrooms, is currently run by a full-time manager and part-time cleaning staff, and reported a £152,586 turnover for the year ending 31 March 2020.

It is renowned as a useful place to stay for business reps and families heading north or south, and scores a high 8.6 out of 10 on the Booking.com website.

James Mattin, chief executive of Bond Wolfe Commercial, said: “The Bluemont Hotel occupies a prominent position next to The Swan public house on the main A38 Worcester Road, halfway between Bromsgrove and Droitwich.

“The property has close and easy access to Junction 5 of the M5 and is perfectly located to serve visitors to attractions such as the Avoncroft Museum, Cadbury World, the Steam Rally at Hanbury or the iconic Cheltenham Races.

“The guest rooms are currently spaced over the ground, first and second floors with a substantial customer car park to the front.

“There are also large grounds to the side and rear that provide excellent scope for further extension or additional development, subject to any necessary planning consent.”

The Bluemont Hotel is around 20 miles from Birmingham, 22 miles from Stratford, and 27 miles from Birmingham International Airport.

Mr Mattin added: “Despite the devastating impact the global pandemic has had on the hotel industry over the last 12 months, we are delighted by the initial response we have had to the Bluemont Hotel coming to market.

“There is clearly still an appetite from investors to park their money in assets like this so we are confident of concluding a swift sale.

“Full trading information will be made available to potential purchasers following a formal viewing of the property.”

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For further information, please contact:

James Mattin, Chief Executive,

Bond Wolfe Commercial, West Plaza, 8th Floor, High Street, West Bromwich B70 6JJ

0121 525 0600 or 0121 524 1172,

www.bondwolfe.net

Issued by ASAP PR, 01608 651203, mobile: 07990 978257, www.asap-pr.com

Editors’ notes

Bond Wolfe Commercial is an established commercial property practice based in West Bromwich. Its services include commercial property sales and lettings, property investment and development throughout the West Midlands.

Commitment to paying a real living wage celebrated by Thursfields

Thursfields Solicitors has started 2021 positively by winning accreditation as a living wage employer, it has been revealed.

The commitment will mean that everyone working directly or indirectly for the leading Midlands law firm will receive a minimum hourly wage of £9.30.

This hourly rate is significantly higher than the government minimum for over 25s, which currently stands at £8.72 per hour.

Jade Linton, HR business partner and associate director in the Employment department at Thursfields, said: “We are proud to have been accredited as a living wage employer.

“The West Midlands region has one of the highest proportions of non-living wage jobs in the country, with around 21% or 442,000 of jobs paying less than the real living wage.

“Despite this, Thursfields has committed to pay the real living wage and deliver a fair pay for our hard-working colleagues and partners.”

The real living wage is the only rate calculated according to the costs of living. It provides a voluntary benchmark for employers that wish to ensure staff earn a wage they can live on, not just the government minimum.

Since 2011 the Living Wage movement has delivered a pay rise to over 230,000 people and put over £1 billion extra into the pockets of low paid workers.

Katherine Chapman, director of Living Wage Foundation, said: “We’re delighted that Thursfields has joined the movement of over 6,000 responsible employers across the UK.

“These living wage employers voluntarily commit to go further than the government minimum to make sure all their staff earn enough to live on.

“Thursfields has joined thousands of small businesses, as well as household names such as Burberry, Barclays, Chelsea and Everton Football Clubs, Lush, and many more.”

She added: “These businesses all recognise that paying the real living wage is the mark of a responsible employer.”

Ends (301 words)

For further information, please contact:

Dani James, Business Development Manager, Thursfields Solicitors

Email: djames@thursfields.co.uk Tel: 01905 677066

Or

Steve Dyson at ASAP PR – 01789 490786.

www.thursfields.co.uk, Twitter – @Thursfields, LinkedIn – www.linkedin.com/company/thursfields

Notes to Editors

Thursfields Solicitors is one of the region’s longest established and reputable law firms, with more than 140 staff in five offices across Worcestershire and the West Midlands. Thursfields Solicitors provides a full range of legal services to business and the private individual, including property, family, employment and commercial law as well as probate and litigation. The firm has offices in Worcester, Kidderminster, Halesowen, Solihull and Birmingham.

Davidson Estates is expanding project management service for refurbishments

Homeowners and landlords across the West Midlands can wave goodbye to all the headaches caused by major home improvements, thanks to an expanding service from Davidson Estates.

As well as its busy sales and lettings activity, Davidson Estates also operates project management for residential refurbishments that means the client does not have to get involved on a daily basis.

The extra service has been steadily expanded since its launch in January 2020, with plans for its further growth in 2021.

Andrew Love, property management director at Davidson Estates, said: “Homeowners can let us look after their investment by taking advantage of our full inhouse refurbishment service.

“We can take properties from bare brick to newly refurbished within a matter of weeks with the help from one of our professional building teams. We also ensure that full legislation compliance is met where a property is to be rented.

“The condition of a property has never been more important in today’s market and a new kitchen or bathroom can be the difference between a property being vacant for another month or occupied.

“We can project manage the works from start to finish, dealing with all the common problems a client in need of home improvements can face, providing direct and regular updates.”

A recent project was a charming cottage at 14 Nursery Road in Edgbaston, which Davidson Estates handled for its client Calthorpe Estates.

This included works to repair and re-lay the rear extension roof, a full damp proof course, replastering, a new fitted kitchen, a new bathroom suite, new flooring throughout and high-quality redecoration along with new fixtures, fittings and window coverings.

Davidson Estates is now marketing the finished property for let at www.rightmove.co.uk/properties/100788116#/.

Mr Love added: “Our refurbishment project management has proved popular because of the all-round service. This has been particularly popular with local clients as well as investors based in other areas of the UK and overseas.

“Our services range from initial design consultation to full project management. We also offer an interior design package and furniture.

“In short, we will take on all the detailed planning, management and delivery of a project without the client having to lift a finger.”

More details can be found at www.davidsonestates.co.uk/refurbishment or by contacting Mr Love on 0121 455 7727 or at andrew.love@davidsonestates.co.uk.

Ends (382 words)

For further information, please contact:

Ben Davidson, founder and company director, Davidson Estates

Tel: 0121 455 7727 Mobile: 07834 561 537 Email: ben.davidson@davidsonestates.co.uk

Head office: Unit 2 Liberty Place, Sheepcote Street, Birmingham B16 8AE

Or

Andy Skinner at ASAP PR – 01608 651203, Mobile: 07990 978257

Notes to editors

Davidson Estates is an established estate and letting agency based in Edgbaston and Birmingham city centre, specialising in residential property lettings, management, sales and new homes. Founded by Ben Davidson in January 2012, the business has an excellent reputation for its high level of service and is now regarded as one of the city’s best and most reliable property agents.

Bassi named in The Sikh 100 global listing

Birmingham businessman Paul Bassi CBE has been named in The Sikh 100, a global recognition of the most powerful and influential individuals out of 26 million Sikhs worldwide.

The annual publication of The Sikh 100 is now in its ninth edition and profiles and highlights Sikh influence throughout the world.

Mr Bassi is recognised in the prestigious list for his work as a leading businessman and Midlands-based philanthropist. He was the first Asian Sikh president of a chamber of commerce in the UK and the first High Sheriff Sikh for the West Midlands.

It states: “His interests include estate agency, investment property, development land, hospitality, finance and care homes, employing hundreds of staff.

“Paul has been chief executive of Real Estate Investors plc, the Birmingham-based AIM listed Real Estate Investment Trust (REIT), since 2007. REI plc is the UK’s only Birmingham-based, Midlands -focused REIT and Paul has established his place as one of the region’s leading property entrepreneurs and respected business leaders.”

Paul Bassi said: “One of its principle aims is to share inspirational, real life success stories to encourage individuals to aim high, be passionate, excel and to draw upon the strength of their faith and heritage to do this.

“I am deeply honoured to have been named in such a roll call among so many illustrious peers, although this listing really recognises the efforts of all the people I work with, in and outside of the business.”

Mr Bassi is also the author of Brick by Brick: Building Success in Business and Life, which charts his family’s rise from his father’s arrival in the UK with only £2 in his pocket, TO receiving a CBE for his services to business.

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For further information, please contact:

Paul Bassi CBE, Chief Executive Officer,
Real Estate Investors plc, 2nd Floor, 75/77 Colmore Row, Birmingham B3 2AP

0121 265 6406 or 0121 212 3446

www.reiplc.com

Prepared and issued by ASAP, 01608 651203, mobile, 07990 978257

About Real Estate Investors Plc

Real Estate Investors Plc (REI Plc) is a publicly quoted, internally managed property investment company and REIT with a portfolio of 1.59 million sq ft of commercial property, managed by a highly-experienced property team with over 100 years of combined experience of operating in the Midlands property market across all sectors.

The Company’s strategy is to invest in well located, real estate assets in the established and proven markets of central Birmingham and the Midlands, with income and capital growth potential, realisable through active portfolio management, refurbishment, change of use and lettings.  The portfolio has no material reliance on a single asset or occupier.

Consider carefully before punishing workers for refusing the COVID 19 jab, Thursfields warns

Employers should give careful consideration before taking disciplinary action or even sacking workers who refuse COVID-19 vaccinations, Thursfields Solicitors has warned.

The advice from an employment expert at the leading Midlands law firm came after a national debate over whether employers can or should be able to insist that their staff are inoculated.

James Monk, an associate director in the Employment department at Thursfields, explained that while vaccinating the country is seen as the only route back to normality, not everyone will be prepared to get the jab.

Mr Monk said: “There has been some interesting debate in the legal sector over staff who remain sceptical about having the vaccination, and how employers should respond if they refuse to do so.

“This is likely to be a highly sensitive issue, because there is no legislation to say that vaccinations are mandatory, and it may therefore be risky for employers to insist on it.

“There are potential discrimination issues, for example in relation to those who have a moral or religious objections, such as vegans who may object to the use of gelatine in a vaccine produced from pigs.

“Other employers may be cautious about the possibility of future personal injury claims from those who may suffer adverse reactions to the vaccination.”

Mr Monk said Acas guidance suggests there could be some situations where disciplinary action might be used if a vaccination was required for an employee to be able to carry out their job.

But he said: “While the possibility exists, in practice an employment tribunal  may, in some cases, be unwilling to accept that it was fair to discipline or dismiss an employee who is refusing a medical procedure.

“A tribunal is likely to consider the matter in its whole and look at other considerations such as the employee’s privacy, and how online technology enables many roles to be fulfilled from home.

“We are in unchartered waters and some employers with different attitudes to risk may decide on a stricter approach in relation to anti-vaccination employees.”

Mr Monk suggested that in the first instance employers will want to communicate their desire for employees to take the vaccine and the reasons for this.

He added: “Winning hearts and minds to get employees to co-operate with an employer is often as effective, if not more so, than taking action against them.”

Anyone wanting to discuss this or other employment law issues can contact James Monk by emailing jmonk@thursfields.co.uk or calling 0121 227 3366, extension 3366.

Ends (414 words)

For further information, please contact:

Dani James, Business Development Manager, Thursfields Solicitors

Email: djames@thursfields.co.uk Tel: 01905 677066

Or

Steve Dyson at ASAP PR – 01789 490786.

www.thursfields.co.uk, Twitter – @Thursfields, LinkedIn – www.linkedin.com/company/thursfields

Notes to Editors

Thursfields Solicitors is one of the region’s longest established and reputable law firms, with more than 140 staff in five offices across Worcestershire and the West Midlands. Thursfields Solicitors provides a full range of legal services to business and the private individual, including property, family, employment and commercial law as well as probate and litigation. The firm has offices in Worcester, Kidderminster, Halesowen, Solihull and Birmingham.

HS2 becomes leading partner in Greater Birmingham apprenticeships project

The company delivering Britain’s new high-speed railway has joined The Ladder for Greater Birmingham, the apprenticeships and training project in the Midlands run by PTP Training, part of BCTG Group.

High Speed Two Ltd (HS2) has become an employer partner at The Ladder, through which the Greater Birmingham and Solihull Local Enterprise Partnership aims to create 1,000 new apprenticeships across the region.

Justine Johnson, from PTP Training, who serves as the apprenticeship manager at The Ladder, said: “We’re delighted to have HS2 join us as a new employer partner.

“We look forward to assisting the company in its annual recruitment of apprentices by promoting these vacancies on The Ladder’s website.”

HS2 chief executive Mark Thurston, who began his career as an engineering apprentice, showed his support for The Ladder by recording an address to finalists at the project’s recent apprenticeships awards ceremony.

He congratulated those on the apprentice scheme and said: “I think you’ve all made a great decision in starting your own careers as apprentices. You’ve a bright future in front of you.”

Karen Davis, HS2’s future talent manager explained that the company’s apprenticeship opportunities change each year, reflecting the scale and progress in delivering Europe’s biggest engineering project.

Last year, HS2 offered apprenticeships in its project management, finance, cyber security, community engagement and land and property departments.

Ms Davis said: “We have committed to ensuring that HS2 creates 2,000 apprenticeships and we’re delighted to join forces with The Ladder to ensure that individuals in Greater Birmingham and Solihull benefit from the opportunities we are creating.

“This is a once in a lifetime project that will transform our railways, better connect our major cities and boost economic growth across the Midlands and the North.

“We want local people to play a part in helping us deliver this legacy project and I actively encourage them to apply .”

PTP Training runs The Ladder project on behalf of the Greater Birmingham and Solihull Local Enterprise Partnership.

The company – which trades as Performance Through People – also arranges and runs hundreds of apprenticeships for learners at employers across the region.

Ends (347 words)

For further information, please contact:

Gill Durkin, business development director, PTP Training, Essex Terrace, Intown, Walsall, West Midlands WS1 1SQ. Telephone: 03332 408302 Email: gilld@ptp-training.co.uk Website: www.ptp-training.co.uk

Prepared and issued by Steve Dyson of ASAP PR – 01608 651203

Note to editors:

PTP Training Ltd is part of the BCTG Group, a West Midlands-based training organisation which supports almost 10,000 young people and adults each year.

The group has ten sites in Birmingham, the Black Country, Staffordshire and Newcastle-under-Lyme, and also includes The Apprenticeship Works, BCTG Ltd, Eurosource Solutions and Further Training.

Overall, the group offers 166 different types of apprenticeship, 84 different adult upskilling and reskilling courses and 27 pre-apprenticeship programmes for 16 to 18-year-olds. These include everything from healthcare and early years care to construction, engineering, manufacturing and logistics, through to business skills in IT, management and team leading.

Signs firm 623 heads for growth after move to new premises secured through John Truslove

New premises are pointing the way to growth for 623Signs after commercial property agents John Truslove helped the firm secure its first permanent base.

Mark Bessant and his partner, Zoe Kirk, have been running the sign installation business from their home as they built their customer base.

The company now aims to double the number of people it has on the road as its move to the 508 sq ft unit at 9 Tything Road East, in Alcester, enables 623Signs to cater for soaring demand for its work from around the country.

Ben Truslove, joint managing director of property agents John Truslove, identified the property as a likely prospect for 623Signs after a chat with Zoe, the firm’s business development manager and took her for a look around.

She said; “It was just what we were looking for. Within three days we had the keys. Ben couldn’t have been more helpful, answering  our questions and helping us move in as quickly as possible.

“Mark is the experienced craftsman – he has worked in the signage industry for years – and knew we needed somewhere to enable us to work on vans and cars.

“These premises also mean we have somewhere to store the materials where I can work and handle all the admin. I had another job but I’ve been able to give that up and go full time. We’ve been deluged in so much work in recent months we were having to turn some away. Not anymore.

“Covid-19 and the lockdown has meant a lot of firms have taken the opportunity to address the signs on their premises and on the signposts on commercial estates. Mark was in Exeter last week and he is off to Stoke-on-Trent after that. He’s also worked in Germany at an Amazon site and for a co-op in Paris. He works with a fitter and we are now looking at hiring two more people to create a second crew to cater for the demand.”

Ben Truslove, at John Truslove, arranged a five-year tenancy for the property’s landlord at £4,800 per annum.

He said: “Mark and Zoe had a clear idea of the kind of premises they needed. With our broad portfolio of landlords and commercial properties across the region, it was simply a matter of identifying which property would best suit them. The deal was wrapped up particularly quickly and I fully expect the Tything Road East unit to provide 623Signs with the platform it needs to keep growing.”

Redditch-based chartered surveyors and valuers John Truslove was recently named Most Active Agent in Worcestershire in the Radius Data Exchange survey produced in conjunction with EG, the commercial property market magazine.

Joint managing director Ian Parker was also named Worcestershire Dealmaker of the Year AND Warwickshire Dealmaker of the Year for 2020. The survey year, which runs from August to August, saw John Truslove record a 36% increase in deals negotiated over the 12 months.

Ends (500 words)

For more information, contact:

John Truslove, Daralbee House, Archer Road, Redditch, B98 8DJ

01527 584242

Issued by Andy Skinner of ASAP PR, 01608 651203, mobile 07990 978257.