Luxury apartment with balcony overlooking canalside sold by Davidson Estates

One of Birmingham’s top estate agents has secured another sale of a luxury apartment at the unique Snow Hill Wharf in the city’s Gun Quarter.

The sale by Davidson Estates, the estate and letting agency with offices in Edgbaston and Birmingham city centre, is its second for the plush canalside development by St Joseph Homes.

The new owners are now enjoying the views from their two-bedroom, two-bathroom apartment which has a balcony overlooking stunning landscaped gardens alongside a revitalised waterway.

This is just one of a collection of high-end apartments just a five-minute walk away from Snow Hill Station, Colmore Row and St Paul’s Square in the Jewellery Quarter.

Jonathan Smith, new homes sales associate at Davidson Estates, said: “We’re delighted to have secured another sale for St Joseph’s first residential development in Birmingham.

“Snow Hill Wharf is arguably the highest quality development in the city centre to date, with incredible resident facilities.

“There’s a residents’ gym, a classy residents’ lounge, stunning communal gardens, an exclusive 24-hour concierge service and a private cinema room.

“Our buyers are primarily working from home, and they felt the apartment was truly a perfect match for their lifestyle.

“The new owners were thrilled to finally move into their new home after a patient wait for the development’s Lancaster building to complete.

“The finished article really is excellent, and the buyers are overjoyed that it accurately reflects the plush, two-bedroomed show home that originally persuaded them to look into the purchase.”

Apartments at Snow Hill Wharf are priced from £322,500 to £520,000 and the final units are due for completion late next year.

Lucy Darby, sales manager at St Joseph Homes, a subsidiary of FTSE 100 company Berkeley Homes, said: “We’re so pleased that Davidson Estates’ excellent marketing efforts have resulted in yet another sale of one of our beautiful homes in this development.”

More impressive properties that Davidson Estates has for sale can be viewed here https://www.davidsonestates.co.uk/buy/property-for-sale/, and buyers or sellers can call Mr Davison on 0121 455 7727 for more details.

Ends (341 words)

For further information, please contact: 

Ben Davidson, Managing Director, Davidson Estates,

Head office: 14a Frederick Road, Edgbaston, Birmingham B15 1JD

Unit 2, Liberty Place, Sheepcote Street, Birmingham B16 8AE

Tel: 0121 455 7727

Mobile: 07834 561 537

Email: ben.davidson@davidsonestates.co.uk

www.davidsonestates.co.uk

Editors’ Notes

Davidson Estates is an established estate and letting agency based in Edgbaston and Birmingham city centre, specialising in residential property lettings, property management, PRS Management (Build-to-Rent), residential sales, new build (presale) sales, land/site finding, development consultation, furniture, maintenance and refurbishments. Founded by Ben Davidson in January 2009, the business has built up an excellent reputation for its high level of service and is now regarded as one of the best and most reliable property agents in Edgbaston and Birmingham city centre.

Thursfields secures position in Midlands Top 10 for corporate deals last year

Thursfields Solicitors has been ranked in the top ten of the Midlands’ most active mergers and acquisitions (M&A) advisers the whole of 2021.

The leading regional law firm shot up from 25th to 10th in the annual Experian Market IQ’s legal rankings, with 25 big corporate deals over the first nine months of this year.

This has included advising shareholders on the sale of technology specialists cloudThing to Kerv, and advising creative agency DRPG on its acquisition of screen content specialists A-Vision UK.

Most recently, Thursfields’ Corporate Team advised Jeremy Holden, founder of Herefordshire classic car and motorcycle parts business Holden Vintage & Classic, on its acquisition by international classic parts specialist SNG Barratt Group.

The only firms ahead of Thursfields in the rankings were the longer established or national corporate players.

Gareth Burge, director and head of the Corporate team at Thursfields, said: “We recorded another record year in 2021 and have now consolidated our position as leading M&A lawyers to the owner managed business and SME market.

“It’s great to see that, in the fairly short period of time our team has been together, we have made – and are continuing to make – a huge impact on the local market.”

Experian’s M&A report for 2021 also revealed that the Midlands was the UK’s busiest region for deal-making outside of London and the south-east, with involvement in 14.7% of all UK deals.

There was an 18% increase in deal volume from 2020, and the values of these deals totalled £21.5bn, the highest since 2012.

Dominic Parker, of Experian Market IQ said: “After many businesses postponed acquisition plans in 2020, deal-making in the Midlands bounced back from the effects of the pandemic last year, with 2021 ranked as one of the region’s busiest ever years.

“Companies in the region’s highly-skilled engineering and manufacturing sectors were a particular target for investment.

“The funding environment remains positive and the region’s corporate advisory firms report strong pipelines of business, raising hopes of another strong year as we move further into 2022.”

Any businesses needing advice on M&A activity can contact Gareth Burge on 0345 20 73 72 8 or at gburge@thursfields.co.uk.

Ends (385 words)

For further information, please contact:

Dani James, Business Development Manager, Thursfields Solicitors

Email: djames@thursfields.co.uk

Tel: 01905 677066

Or

ASAP PR – 07990 978257

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 nearly 130 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.

Bond Wolfe backing debut of The PROPS in the Midlands

 The PROPS – the Midlands Property Awards to be unveiled for the first time at a black tie gala event at The Grand Hotel in Birmingham, is a chance for the industry to shout from the rooftops about the huge success of the regional property market, according to one of the West Midlands’ leading experts.

James Mattin, managing director agency at Bond Wolfe, said: “The PROPS has been run by Variety, the children’s charity, since 1992, and we at Bond Wolfe are delighted to be one of the founding sponsors for the Midlands event.”

The awards will be presented by property developer and TV presenter of “A Place in the Sun” Jonnie Irwin at the event on Thursday 28 April from 6.30pm.

The categories to be presented for the first time in the Midlands will include Residential (sponsored by Keepmoat Homes), Industrial Logistics (Emmaus Consulting), Office Deal of the Year (Savills), Environmental, Social & Governance (Bond Wolfe), Investment Deal (Godwin Group), Rising Star (Rainier Developments), and Regeneration Project (Prosperity Developments).

Mr Mattin said: “Since 1992, The PROPS have raised over £10.5 million, enabling Variety to provide 2,100 custom-built wheelchairs and other essential items to children and young people throughout the UK.

“The onus is now on the Midlands property industry to show how deep our pockets are and help boost the wonderful work done by Variety.”

Variety, the Children’s Charity (www.variety.org.uk exists to provide practical, tangible help to children and young people aged 18 and under. In the UK, there are more than 1.3 million disabled children and young people, and an estimated nearly four million children living in poverty.

Variety provides grants for specialist disability equipment and wheelchairs that are not available through statutory services, adapted, accessible transport for SEND schools and other non-profit organisations through the Sunshine Coaches programme, and memorable day trips through its Great Days Out programme.

To nominate your company or someone you feel deserves  an Award  https://form.jotform.com/213274542766359

Ends (322words)

For further information, please contact: 

James Mattin, Managing Director, Agency,

2nd Floor, 75/77 Colmore Row, Birmingham B3 2AP

0121 525 0600 or 0121 524 1172, Email: jmattin@bondwolfe.com

www.bondwolfe.com

Issued by Andy Skinner, ASAP PR, mobile 07990 978257.

Editors’ notes

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

New sales director set to drive further growth at DM & Co. Homes

Independent estate agent DM & Co. Homes has appointed Lisa Smith as sales director.

She joined the fast growing firm just 18 months ago as branch manager and valuer at the company’s Dorridge office.

DM & Co. Homes is a local, independent estate agent covering Solihull, Dorridge, Lapworth, Tanworth-in-Arden and the surrounding areas.

Dominic Murphy, managing director of DM & Co Homes, said: “Since Lisa joined the company in September 2020, her charisma, charm, local industry knowledge and the fact she has lived in Dorridge and the surrounding areas with her family for over 20 years, has made her a huge asset to the business.

“She is an absolute diamond, and I am pleased to say, a genuine right-hand woman, one that I would be lost without.

“Lisa has an exceptionally strong yet relaxed approach to business and absolutely strives to deliver the very best agency experience for all our clients.”

Lisa said: “I had previously worked in estate agency locally for national corporates, and I was very attracted to DM & Co Homes as an independent and a firm that was committed to growth.

“I met Dominic and was impressed with his plans to develop DM & Co. Homes into one of leading property advisers in the area, and I felt my experience, background and local knowledge could really help to drive that growth.”

Having been born and brought up in Solihull, she briefly worked in London before returning to raise her family of three children in the Dorridge area where she has now lived for over 20 years.

Staff numbers at DM & Co. Homes have increased from six to 29, with an increase of over 50% in 2021 alone as the firm sold more than 367 homes.

Dominic Murphy said: “DM & Co. Homes continues to grow, not only in residential agency but also with our newly launched Land & New Homes division – I have ambitious plans for the business and look forward to working hard to see them delivered.

“We are very keen to talk to people with local knowledge who share our passion for property.”

Potential recruits can find out more about DM & Co. Homes at www.dmandcohomes.co.uk.

Ends (363 words)

For further information, please contact:

Dominic Murphy, Managing Director, DM & Co. Homes

T: 01564 777 314 E: dominic.murphy@dmandcohomes.co.uk

Unit 2, Forest Court Shopping Centre, Dorridge, Solihull, B93 8FG

www.dmandcohomes.co.uk

Editors’ notes:

DM & Co. Homes is a local, independent estate agent covering Solihull, Dorridge, Lapworth, Tanworth-in-Arden and the surrounding areas.

The company has traditional high street offices at The Forest Shopping Centre, Station Road in Dorridge and at The Pavilions, Cranmore Drive in Solihull, along with a recently launched Land and New Homes division that is quickly growing.

It has made a major investment in its head office, based on Cranmore Drive, where its land & new homes, lettings, financial advisors, sales progressors and administration teams are based.

DM & Co. Home’s media team also operates from the Cranmore Drive offices, providing photography, video and content planning that attracts more than 100,000 views a month via YouTube, Facebook and Instagram.

Nicol & Co confident of Worcestershire’s healthy housing market after 27.5% sales growth in 2021

A marked rise in property sales across Worcestershire in 2021 shows how the market bounced back despite Covid-19, according to a top estate agent in the region.

Matt Nicol, the managing director of Nicol & Co, was commenting on the latest figures which revealed 4,251 sales in the county last year, a 23% rise on sales in 2020.

These figures included a 27.5% increase to 1,819 sales in Worcester and a 19.3% rise to 611 in Worcester, while sales in Droitwich were almost identical in both years at 466 versus 469.

Mr Nicol said: “These strong figures across Worcestershire reflect a significant post lockdown recovery, while even in Droitwich the maintenance of sales at the same level shows the resilience of the local market.”

He said the healthy market was the reason behind the rise in average house prices across the county in the last 12 months, now standing at £285,700 in Malvern, £275,200 in Droitwich and £242,800 in Worcester, where 42.8% of sales took place.

Meanwhile, the lettings picture has fluctuated in the last year, with the average monthly rental figure across Worcestershire up 6% to £765.

Mr Nicol also quoted specific 2021 data for Nicol & Co, which has three branches in Droitwich, Malvern and Worcester.

He said: “Across the whole 12 months we conducted over 6,500 viewings and made and received over 300,000 phone calls on behalf of our vendors and landlords.

“We launched 482 properties, completed on 450 sales and created 135 new tenancies, and we look forward to growing these figures again in 2022.

“Against the backdrop of strong economic growth, particularly in 2021 and 2022, forecasts for property price growth over the coming years are positive.

“The housing market proved to be one of the bright stars during the initial Covid-19 pandemic, bolstered by the significant government economic support packages and the stamp duty holiday.

“The impact of the Omicron variant is yet to play out but the early indicators are that the market is returning to pre-Covid patterns.”

Mr Nicol added: “We therefore feel now is a great time to be proactive and we look forward to serving a growing volume in the Worcestershire housing market again in 2022.”

Anyone selling, buying or renting in Worcestershire can find out more about Nicol & Co via www.nicolandco.co.uk.

Ends (383 words)

For further information, please call:

Matt Nicol, Managing Director, Nicol & Co, 226 Worcester Road, Droitwich Spa, WR9 8AY

Tel: 01905 779072

Prepared and issued by Steve Dyson at ASAP – 07990 978257

PTP hopes to lift top training trophy at Midlands’ largest business awards

Midlands’ training group Performance Through People (PTP) has been short-listed for a prized accolade in the region’s largest business awards.

PTP, part of the BCTG group, is hoping to pick up the trophy for Excellence in Training & Education in the Greater Birmingham Chambers of Commerce’s awards.

A record 92 businesses will be chasing excellence at the awards ceremony which will follow the Chamber’s annual dinner at the International Convention Centre on Friday 4 March.

PTP is up against Birmingham City University, BMet College, Burton and South Derbyshire College, In-Comm Training and Business Services, Open College Network West Midlands, the School of Code and the University of Birmingham for the training trophy.

Rob Colbourne, managing director of PTP, said: “We’re very proud to have been short-listed in these awards alongside so many high profile and well-respected universities, colleges and other training providers.

“At PTP, our specialism is working with Local Enterprise Partnerships, Chamber of Commerce and other representative bodies to ensure we understand and meet the business and employment skills needed both locally and regionally.

“Our offer includes apprenticeships from Level 2 to level 7 across many occupational sectors including engineering, manufacturing, retail, travel, warehousing, dental nursing and health and social care.

“We continue to expand our offer based on employer needs such as leather, welding, butchery and regulatory compliance.

“We provide a variety of training programmes supporting unemployed people to learn new skills and return to work, a broad suite of commercially funded courses in IT, health and safety, management development and basic business-related topics.

“We also support schools by delivering advice and guidance sessions to students and mock interviews either online or face to face.”

Mr Colborne explained that PTP and the BCTG Group was continuously tendering for new contracts and had recently been awarded two bootcamp training skills programmes worth £1.5 million.

It has also secured a sector-based work academy programme (SWAPS) helping unemployed people to reskill and secure jobs worth £3 million per year for the next three years.

He added: “Our achievement rates for over 1,500 apprentices a year are continuously above the national average, resulting in multiple awards in the training sector.

The Chamber’s awards will see the local business community gathering in person for the first time for two years.

Katrina Cooke, the Chamber’s chief commercial officer who chaired the judging panels, said: “The standard of entries was again high with a huge number of the companies taking the time to complete entries.”

The shortlisted businesses will go head-to-head to claim one of 12 sector awards, before finding out who will be crowned as the overall Business of the Year.

Ends (437 words)

For further information, please contact: 

Gill Durkin, Business Executive

Phone: 01543 460050  Mobile: 07734 814905

Email: gill@ptp-training.co.uk

www.ptp-training.co.uk

Prepared and issued by ASAP PR – 07990 978257.

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.

UK manufacturing looks forward to 2022 with growth back on the agenda

Key findings

  • 74% expect turnover to grow in the next 12 months.
  • 92% feel that the profitability of their business has been affected by the cost and/or availability of raw materials.
  • 82% have trouble recruiting skilled employees
  • 30% say their main barrier to growth over the next 12 months is recruiting or retaining staff.
  • 90% believe the apprenticeship levy is not effective.
  • 82% do not believe the government’s incentives are effective in promoting exporting.
  • 79% believe their competitors are based in UK or Europe.
  • 77% have made an R&D claim in the past 12 months.
  • 60% believe the government measures to get business back on track after COVID-19 are adequate.
  • 71% are members of a manufacturing network.
  • 31% say their “go to” external advisor is their accountant.

Manufacturing companies are feeling more upbeat about 2022 than might be expected after a challenging couple of years, according to the Manufacturing Outlook Report 2021/22 published by national audit, tax, advisory and risk firm Crowe.

Johnathan Dudley, Partner and National Head of Manufacturing at Crowe, said: “2021 was a year when so much challenged the manufacturing sector, as our survey results reveal.

“It was a year of shortages, inflated costs, demand outstripping the ability to supply and the growing realisation that at some point there will be a real stretch on working capital funding requirements.”

The report reveals that in the run up to the end of the year, demand drove both inflation and economic growth, as evidenced by the ONS statistics.

Turnover growth expectations among manufaturing companies were generally positive, noticeably more so than 2019 or 2020, despite 91% or respondents saying that profits have been affected by the price and availability of raw materials.

The report highlights that recruiting and retaining staff with the right skillsets will be even more important this year as growth accelerates.

It also demonstrates a significant reduction in the influence of Brexit and trading tariffs, with the the number of respondents seeing this as a barrier more than halving in 2021.

2021 covered a period where trading arrangements with the EU carried a number of interim measures designed to reduce friction, many of which expired on 1 January 2022.

Dudley said: “The full impact of the UK’s exit from the EU will only likely be felt as the interim arrangements end and trade agreements are finally put in place with various global trading partners.”

The results of this report come as no surprise to Stephen Morley, President of the Confederation of British Metalforming (CBM), who partnered with Crowe on the report.

“Having worked very closely with our members over the past two years, the findings reflect what we’ve been seeing ‘at the coalface’ of manufacturing. While we welcome the optimism of 74% of companies, I must put a note of caution against it.

“Supply chain issues are still a major concern and in particular semiconductors, with this likely to persist throughout the year. We’ve also seen shortages across several commodities and increased costs and delays of all goods coming into the UK.

“Thirdly, as we all know, turnover doesn’t necessarily mean more profit or indeed improved cashflow. This is reflected clearly with 92% identifying that the profitability of their business has been affected by the cost of raw materials.

“Despite 60% of companies stating that they believe government measures are adequate to get business back on track,  we at CBM don’t share this optimism and strongly believe more needs to be done to support manufacturing, especially in terms of cashflow and capital investment –  two areas we’ve been actively lobbying for support.

“It was pleasing to see the role of Trade Associations receive justifiable recognition in supporting companies and the CBM will continue to offer assistance throughout another tough year.

“I strongly believe that, with the right support, the long-term future of UK manufacturing can be bright. Our challenge is to ensure all our members and the rest of industry get through this period and emerge in a much stronger position to take advantage of the opportunities when they arrive.”

Dudley sounded a note of caution over the unwinding of the Chancellor’s COVID-19 support packages.

“Growth will place demands on working capital requirements in the short term and investment capital needs in the longer term. Availability of credit for this growth on a continued basis will almost certainly not be as easy as it was during the pandemic. We are seeing this already.

“Coronavirus Business Interruption Loan Scheme (CBILS) and Bounce Back lending has been replaced by the Recovery Loan Scheme (RLS) and it has been widely noted that this scheme is not getting traction with at least the ‘big four’ UK banks. Companies seeking lending for the future, have experienced difficulty sourcing this without repaying CBILS/Bounce Back in full as these loans are currently not transferrable.”

Dudley pointed out that the Chancellor of the Exchequer clearly set a strategy in his autumn Budget, which relies on a strong economic recovery to fund the unprecedented level of government Coronavirus support, extended during the pandemic period.

“Growth expectations support this, however a successful economic recovery cannot alone be based on domestic demand and therefore stimulating and supporting UK export trade is vital both to our manufacturing base as well as to the general economy,” he said.

But echoing the Manufacturing Outlook Report of earlier years, Crowe’s survey has consistently revealed that businesses do not see the existing government support as being effective in supporting UK manufacturers. The 2021 survey is no different.

Dudley concluded: “Post pandemic, the road will be bumpy, twisty and rough. Strong relationships identified with networks and trusted advisors need to be robust to achieve the levels of growth anticipated by the participants in this survey.

“At Crowe, we pride ourselves on our manufacturing knowledge, empathy and insight as well as a real desire to help you think strategically and make smart decisions that create lasting value.”

The report can be found at https://www.crowe.com/uk/industries/manufacturing

Johnathan Dudley can be contacted on johnathan.dudley@crowe.co.uk or 0121 543 1900. 

Ends

 Contacts:

  • Angela Pitsillides, National Head of Marketing and Communications, Crowe UK. Tel: (0)20 7842 7208, pitsillides@crowe.co.uk

Notes to Editors:

About us
Crowe is a national audit, tax, advisory and risk firm offering global reach and local expertise. We are an independent member of Crowe Global, one of the top 10 accounting networks in the world. With exceptional knowledge of the business environment, our professionals share one commitment, to deliver excellence.

We are trusted by thousands of clients for our specialist advice, our ability to make smart decisions and our readiness to provide lasting value. Our broad technical expertise and deep market knowledge means we are well placed to offer insight and pragmatic advice to all the organisations and individuals with whom we work. Close working relationships are at the heart of our effective service delivery.

For more information, visit: www.crowe.co.uk


Crowe industry recognition

  • UK Member of one of the top 10 accounting networks in the world (International Accounting Bulletin World Survey 2021)
  • Top charity auditor (Charity Financials Auditor Benchmarking and Charity Finance Audit Survey, 2009 – 2020)
  • Ranked 5th in the AIM auditors ranking by number of audits (AIM Advisers Rankings Guide, January 2022)
  • 9th largest audit firm in the UK (UK fee income of audit firms that audit PIEs – by fee income on audit, FRC Key Facts and Trends in the Accountancy Profession, Figure 33, July 2021)
  • Risk Consultancy of the Year 2021 for the second consecutive year (InsuranceERM) – Crowe was recognised to be at forefront of two key areas of focus for insurers in 2020: operational resilience; and environmental, social and governance (ESG) issues, including climate change.
  • Awarded Bronze for Accountancy Firm of the Year – Large (2020 Citywealth Magic Circle Awards)
  • Global Mobility Provider of the Year (Global Payroll Awards 2020)
  • Employment Tax Specialist of the Year (Global Payroll Awards 2019)

Following in the family footsteps leads to a first job for James

Calling in to see his grandmother at work on the way home from school has led to a first job for trainee surveyor James Haynes.

He has joined Redditch-based chartered surveyors and valuers John Truslove where his grandmother Barbara Coleman worked for many years.

He said: “I have always known John Truslove as a business and the property market fascinates me. It was an easy decision to look for a job in my home town, and I was delighted when Ian Parker and Ben Truslove offered me a job.”

He will be working part-time while studying and plans to enrol at Birmingham City University in September where he will work towards a Real Estate degree.

Joint managing director Ben Truslove said: “James attended RSA Academy Arrow Vale High School and has always lived in Redditch, so he knows our core market very well.”

“We have been so used to seeing him in the office that it wasn’t a hard decision to offer him a place with John Truslove while he studies for his degree over the next few years.”

James said: “I feel like John Truslove is a company where I could really grow while being surrounded by a great team, and it will be great to be trained towards becoming a chartered surveyor by two mentors such as Ian and Ben.”

Established 40 years ago, John Truslove has grown over the years to become the market leading independent agent for commercial property in Worcestershire and North Warwickshire as well as the wider West Midlands.

Ends (255 words)

For more information, contact:

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

01527 584242

Editor’s Notes

Redditch-based chartered surveyors and valuers John Truslove was established by John Truslove in 1981 and has become the market leading independent agent for commercial property in North Worcestershire and North Warwickshire as well as the wider West Midlands.

The firm was 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.

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

Speciality chicken wings restaurant will create 20 plus jobs in new city centre venture

A new speciality chicken wings restaurant and takeaway set to open in Birmingham in mid-March will create more than 20 jobs.

Wing Trapp will be the second restaurant bearing the name after the founder directors launched the original concept in Leicester over three and a half years ago.

Property agents Creative Retail and Bond Wolfe have let 2,048 sq ft at 37a Great Charles Queensway to Great Charles St Ltd, trading as Wing Trapp, on behalf of landlord Real Estate Investors plc.

Sapphire Carter at Wing Trapp said they anticipated the new Birmingham franchise would open mid-March and they already had a number of other franchise outlets in the pipeline across the Midlands.

“We are excited about opening in Birmingham as we believe that Wing Trapp, with its freshly prepared gourmet wings, fills a much needed gap in the city’s exciting food offering.

“Our new venture is in a prime location, and with the accelerating return of office workers and the growing number of people moving into the city’s new apartments and townhouses, it is a great time to be launching our first franchise.”

Wing Trapp will occupy the part ground floor and part basement space and Scott Robertson, director at Creative Retail, said it was a welcome sign of returning confidence in the city’s retail and hospitality sector.

“Birmingham is popular with a host of exciting retail and leisure names, and we are pleased to welcome Wing Trapp to the city to launch their first franchise,” he said.

James Mattin, managing director agency at Bond Wolfe, said they were pleased to have secured Wing Trapp on behalf of REI plc.

“We continue to explore innovative ways of utilising our core city centre space, in conjunction with sector specialists such as Creative Retail,” he said.

Great Charles St Ltd, trading as Wing Trapp, has signed a ten year lease. Agents Robertson Brown acted for the tenants. Donna Barnes of law firm Shakespeare Martineau advised REI plc, while Lorna Hegarty of DWS Legal acted for Great Charles St Ltd.

Ends (346 words)

For further information, please contact:

James Mattin, Managing Director, Agency,

2nd Floor, 75/77 Colmore Row, Birmingham B3 2AP

0121 525 0600 or 0121 524 1172, Email: jmattin@bondwolfe.com

www.bondwolfe.com

For further details on Wing Trapp, contact birmingham@wingtrapp.co.uk and https://wingtrapp.co.uk/

Issued by Andy Skinner, ASAP PR, mobile 07990 978257.

Editors’ notes

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

Likewise pushing ahead with senior appointments to drive expansion programme

AIM-listed flooring distribution company Likewise Group plc has announced new appointments and property openings to support further growth on the completion of its acquisition of Valley Wholesale Carpets Ltd.

Well known industry professional David Stottor is joining Likewise Group as managing director of Valley Wholesale on Monday 17 January, and he will lead the business with Simon Miller, the existing operations director Derby.

Tony Brewer, chief executive of Likewise Group plc, said: “David and Simon will work with the current management and staff of Valley to further develop the business.

“It is also particularly encouraging that David Mitchell, who founded Valley in 1982, has offered his experience and expertise to work with David and Simon to assist in a smooth handover for the foreseeable future.”

He said that Valley will continue to operate autonomously from its existing distribution centres in Erith and Derby.

“It is also our intention to expand the geographical reach of Valley from the currently unused Newport Distribution Centre into South West England and South Wales.

“The acquisition of Valley is a major step in the development of Likewise. Our intention is to accelerate the product, sales and marketing of the enlarged Likewise Group to establish solid foundations to secure the development for future years.”

He added that Likewise has also entered into a new lease to relocate Likewise North East into larger premises in Newcastle.

In addition, Likewise has reached agreement in principle to secure the facility adjacent to provide around 50% more capacity in Manchester for A&A, while the Birmingham centre is on schedule to be operational at the end of January, creating significant extra order processing capability.

Mr Brewer pointed out: “Notwithstanding other opportunities before the group, Likewise is well placed with the new logistics infrastructure to achieve its medium term objectives.

“The positive progress of Likewise in the last 18 months has resulted in sales revenue increasing by 29% from £47.3 million in 2020 to £61 million in 2021 and, more importantly, profitability in line with market expectations.

“This combined with the acquisition of Valley provides excellent opportunities for all our stakeholders; suppliers, customers, management, staff and shareholders.”

Ends (355 words)

Issued on behalf of Likewise Group plc, Unit 4, Radial Park, Birmingham Business Park, Solihull Parkway, Birmingham B37 7YN

For further information, please contact:

Andy Skinner, at ASAP PR – 07990 978257

Editors’ Notes 

Likewise Group plc is a distributor of floorcoverings and mattings established with the intention of consolidating the domestic and commercial floorcoverings markets to become one of the UK’s largest distributors in this sector. The UK floor and wall covering market is worth circa £3.2 billion and is expected to increase at a compound annual growth rate of 2.1% from 2019 to 2024 to reach £3.5 billion, split between the residential, commercial, public and industrial markets. Likewise Group’s strategy is to focus on the residential and commercial sectors.

Social media

@LikewisePlc

linkedin.com/company/79711376/

@likewise_group_plc

facebook.com/Likewise-Group-PLC-109865531380022