Siddall Jones named Most Active Agent in the West Midlands in 2020

One of the West Midlands’ leading independent commercial property agents has beaten off competition from major international and regional firms to be named Most Active Agent in 2020.

Siddall Jones, which has offices in Birmingham and Dudley, was launched by Ed Siddall-Jones in 2012 and has grown steadily from one office to two and from one member of staff to six.

The firm beat off competition from established rivals including Bulleys, Avison Young, Harris Lamb and Bromwich Hardy.

The award for the most deals in the year August 2019 to August 2020 follows on from the Radius Data Exchange survey produced in conjunction with EG, the commercial property market magazine.

In 2019, Siddall Jones was named Most Active Single Branch Agent by number of deals done by CoStar and was a Top Five finalist in the overall CoStar awards.

Ed Siddall-Jones said: “This is a fantastic result for a small but very hard working team in a year which has thrown Brexit confusion, a General Election and Coronavirus pandemic at us.

“When lockdown came it obviously dented market activity, but at Siddall Jones we took the decision to get our heads down and work all the harder.”

During the past six months, Siddall Jones has concluded a number of major deals including the sale of a prime residential site with full planning permission for 44 apartments and 32 parking spaces with gated access at 50-60 Northwood Street in Birmingham’s Jewellery Quarter for £1.8 million.

And the million pound plus sale of the Grade II-listed, 18,000 sq ft, former Derwent Works on the corner of Constitution Hill and Henrietta Street, for an undisclosed sum.

Siddall Jones also sold the former Birmingham Car Auctions site on Moseley Road to Joseph Chamberlain College in an off-market deal. The 1.7 acre site was sold on behalf of MJ & K Properties for £1,475,000 and will be used by Joseph Chamberlain College for educational purposes.

Ed added: “Our success stems from the fact that we are a multi-disciplined business, and we provide ourselves in delivering the highest standard of client care.

“The award is the result of the application of our knowledge and experience of local and regional markets to a wide ranging clientele from sole traders to multi-nationals.”

Ends (374 words)

For further information, please contact,

Ed Siddall-Jones, Managing Director,

Siddall Jones, The Mint, 95 Icknield Street, Birmingham B18 6 RU.

0121 638 0500

www.siddalljones.com

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

 

Redevelopment of historic Coventry Victorian villa is a Triumph!

The former home of the co-founder of Triumph motorcycles and a one-time Lord Mayor of Coventry has been reinvented as 14 luxury apartments and bungalows.

Developers P&K Estates Ltd are close to completing work on the locally-listed building named Elm Bank on North Avenue, Stoke Park, which still bears a blue plaque honouring the time Siegfried Bettmann owned and lived in the property.

The firm acquired the site in February 2018 and was granted planning permission for a range of 14 apartments, bungalows and mews apartments – three of which have already been sold.

The properties are a mix of nine 2 bedroom and five 1 bedroom, with prices from £190,000 for a one bedroom apartment offering 540 sq ft.

The project has been headed by Ramesh Parmar of MCE who has over 30 years’ experience in construction and this is the second development for P&K Estates which is Ramesh’s partnership with Pawan Kenth. The first project by P&K Estates was the construction of 14 houses in Erdington, Birmingham.

Project manager Rickesh Parmar of P&K Estates Ltd, said: “I believe we have created one of the best places to live in Coventry.

“It has been a near three year labour of love to restore this Victorian villa which was constructed in the 1870s.

“In collaboration with the architects Neil Boddison Associates, we have worked hard to reinvent Elm Bank to a high specification, creating a truly unique living environment in this beautiful part of Coventry.

“The history of the site and the significance of Siegfried Bettmann to Coventry’s motor heritage should not be understated. One of the most interesting apartments is partly formed from Siegfried Bettmann’s billiard room and has an original frieze still in place which we have been at pains to protect while building work was underway.”

The frieze consists of a series of eight oil paintings on canvas by the artist Oscar Mancine of the Birmingham School and are in the style of Sir Edward Coley Burne-Jones.

In its time, Elm Bank has been used as a private home, a teachers’ club and latterly as offices for Coventry City Council teams including the learning and behaviour support service.

The restyling and renovation of the property by P&K Estates Ltd has been carried out to a high standard and the gated development has allocated parking for each apartment and electric car charging points for owner use.

The luxury features include underfloor heating throughout all the apartments, two parking spaces for the two bedroom homes and one space for the one bedroom properties. The specification in each apartment includes SieMatic kitchens, Siemens appliances and Porcelanosa bathrooms and tiles.

The development is located just 1.2 miles from Coventry city centre and 1.4 miles to Coventry railway station, which offers 19 minute direct trains into Birmingham and 57 minutes direct to London Euston. There is also direct train link from Coventry railway station to Birmingham International Airport which is just 12 miles away.

“Apartments 10, 11 and 12 are complete and available for viewing by the wider public and we are now able to launch Elm Bank publicly.”

Selling agents are the Coventry office of Allsopp & Allsopp on 02476 627366. More information at https://www.instagram.com/elmbank_cov/

Ends (533 words)

For further information, please contact:

Ramesh Parmar, Managing Director,

P&K Estates Ltd

07768 230906

Prepared and issued by Andy Skinner of ASAP PR – 01608 651203 or mobile, 07990 978257.

Notes to Editors

Built in the 1870s, Elm Bank was purchased by a ribbon manufacturer named Edward Ralphs in 1884. In 1889, H. Williamson of Stoke School Board occupied the property.

It was in 1905 that Siegfried Bettmann, one of the co-founders of the Triumph Cycle Company in Coventry, took up residence.

Bettmann was born in Nuremberg in 1863 but moved to Coventry to start the Triumph Cycle Works with fellow German Mauritz J Schulte, building the Priory Street works in 1894 and becoming a British citizen.

The following year he married Annie Meyrick and they lived in the mansion until his death in 1951, aged 88.

He was president of the Coventry Liberal Association, a freemason, a founder member and president of Coventry’s Chamber of Commerce, a Justice of the Peace, and chairman of the Standard Motor Company.

In 1913 he became Lord Mayor of Coventry – the first non-British subject ever to do so, but the outbreak of the First World War, and the resultant anti-German feeling, led him to resign as mayor.

 

Bond Wolfe Auctions named ‘Newcomer of the Year’ to top astonishing first two years

Bond Wolfe Auctions, launched in January 2019, has been named Newcomer of the Year 2020 in a prestigious Midlands business awards ceremony.

In a virtual event streamed online, Bond Wolfe Auctions beat off competition from some of the region’s most exciting new ventures, to be singled out by the judging panel of TheBusinessDesk.com.

Gurpreet Bassi, chief executive of Bond Wolfe Auctions, said: “It has been an extraordinary 21 months for all of us.

“We launched with a small but highly experienced team and we were delighted when so many of our old friends and contacts in the auction world backed us and believed in the vision we had.”

In its first year, Bond Wolfe Auctions sold an impressive 654 lots out of 751 lots offered in six auctions, an average success rate of 87% that raised more than £81.4 million in sales.

This included an impressive 95% success rate in the December 2019 auction when 151 lots were sold from the 159 offered – the highest sales rate for a Midlands auction for 15 years.

Bond Wolfe Auctions started 2020 with a  bang when the first auction of the year in February 2020 set new records. Over £20 million was raised in sales and 203 lots sold out of the 213 offered on the day, representing an astonishing 96% sales success rate.

But when lockdown came, many in the industry feared for a sector that seemed to rely heavily on hot ballroom auction rooms with thousands attending to bid in person.

But Bond Wolfe Auctions roared back, introducing online streamed auctions which have proven an extraordinary success.

The 131 lot auction in June raised £17 million with an astonishing 98% success rate – breaking Bond Wolfe Auctions’ own record for the most successful Midlands auction ever.

Just four weeks later, Bond Wolfe Auctions held another online streamed auction with 161 out of 170 lots sold, for a success rate of 95%, raising over £16.3 million .

September followed in similar vein with a 95% success rate, selling 196 of the 207 lots offered for a total of £18,779,150.

And with just days to go before the next auction on Wednesday 28 October, and the December event still to come, Bond Wolfe Auctions has sold 685 lots raising £72.5 million in 2020, year to date.

During the past two years, the company has been appointed exclusive property auctioneers for Birmingham City Council, Wolverhampton City Council, Walsall Council and West Midlands Police. The Ministry of Justice,  Sandwell Metropolitan Borough Council and the Methodist Church have also instructed Bond Wolfe Auctions to sell lots on their behalf as well as banks, LPA receivers, solicitors and joint agents.

With auctions regularly topping 200 lots and the online streamed auctions lasting up to ten hours with over 25,000 people logging on to watch each auction live, Bond Wolfe Auctions has announced it will be holding commercial only auctions in the Spring of 2021.

Ian Tudor, managing director of Bond Wolfe Auctions, said: “The October catalogue contains the most commercial lots we have ever offered in one auction, and we are receiving more inquiries daily from vendors of commercial property who require the comfort of a guaranteed sale in order to plan and shape future business decisions, and this is leading to an increased number of commercial lots on offer by auction.”

Other awards achieved in 2019 and 2020 included Gurpreet Bassi winning the “Young Leader’” trophy at TheBusinessDesk’s West Midlands Leadership Awards in November and “Entrepreneur of the Year” at The Signature Awards 2020.

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

Ends (609 words)

For further information, please contact:

Suzanne Randell, Head of Marketing and Communications,

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 six auctions in 2020 as well as offering online auctions, selling properties nationally across the UK.

John Truslove named Most Active Agent in Worcestershire

Redditch-based chartered surveyors and valuers John Truslove have been 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.

To win the title John Truslove beat off competition from national and regional chains such as Fisher German, Harris Lamb and GJS Dillon.

Ben Truslove, joint managing director, said: “This is an outstanding result for John Truslove and everyone in our small team who works so hard for our clients.

“The win proves that we know our patch better than anyone and with a dedicated service and hardworking team, we can out-perform many much larger agencies than ourselves.

“I believe this is recognition of the fact that we have been there for our clients during a year which has seen Brexit, a General Election and the Covid-19 lockdown all disrupting business in a way that has never before been experienced.”

He added: “As a firm, John Truslove straddles the Warwickshire and Worcestershire border from our base in Redditch, and we are ideally placed to advise all businesses, local, regional, national and international, on the options and availability in our area.”

Established in 1981, John Truslove was built up by the founder until he handed over the reins to joint managing directors Ian Parker and Ben Truslove. The firm is one of the Midlands’ leading independent business property advisers, covering Warwickshire, Worcestershire and the wider West Midlands.

John Truslove said: “I am immensely proud of what has been achieved by Ian, Ben and the John Truslove team.

“It is clear that I left the firm in very good hands and they have been able to build on a near 40 year legacy of consistent service to our clients and a dogged determination to ensure deals go through, despite everything the past 12 months has thrown at the UK.”

Ends (352 words)

For more information, contact:

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

01527 584242

Prepared by Andy Skinner of ASAP PR, 01605 651203, mobile 07990 978257.

Victorian Grade II-listed pub in Birmingham heads trio of taverns in auction

An historic public house near central Birmingham is one of three taverns appearing at Bond Wolfe Auctions’ next auction later this month.

The Swan & Mitre at 305 Lichfield Road in Aston will have a guide price* on £225,000+ in the livestreamed, online-only auction on Wednesday 28 October.

The Grade II-listed building has an impressive red terracotta frontage and lies in a prominent position fronting the Lichfield Road at its junction with Holborn Hill.

Originally known as the Swanpool Tavern, the property was built in 1898 by renowned architects James and Lister Lea for the Holt Brewery Company.

The main room has a traditional pub layout of a perimeter bench around a dark timber, wood-panelled central bar.

The ground floor also has a rear room served through a hatch, a large commercial kitchen and toilets, with access to a spacious basement cellar and an enclosed outside yard.

The first floor includes a one-bedroomed studio flat with kitchen diner, lounge and bathroom, and three further bedrooms with living room, kitchen, bathroom and toilet.

Ian Tudor, managing director at Bond Wolfe Auctions, said: “This landmark building could continue with its existing use as a public house, restaurant or similar establishment.

“Alternatively, it may be suitable for conversion into residential accommodation, subject to the necessary planning permissions.”

Over in Walsall, The Chuckery Club at 42 Beacon Street is also appearing in the auction with a guide price of £180,000+.

This property, which has been extended at the rear, currently has an entrance lobby with toilets, a large, split level bar and lounge area, with an additional function room, commercial kitchen, another set of toilets and store rooms.

The first floor has a self-contained flat with two bedrooms, a lounge, kitchen and bathroom, plus a small studio flat, and outside there are parking spaces for approximately 17 cars.

Mr Tudor said: “These deceptively spacious premises with bars, a function room and car parking, together with two flats above, could be suitable for a variety of alternative uses, subject to any appropriate planning permission.”

Another former pub in the auction is the Rookery Tavern at 41 Wood Street in Lanesfield, Wolverhampton, with a guide price of £325,000+.

Mr Tudor said: “This modern building represents a major residential development opportunity with full planning permission for a change of use into 12 flats and the erection of two semi-detached properties.”

The three pubs are among 212 lots to be offered in the auction on Wednesday 28 October that will be livestreamed via the website at www.bondwolfeauctions.com with remote bidding by proxy, telephone and internet only.

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

Ends (449 words)

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

For further information, please contact:

Suzanne Randell, Head of Marketing and Communications,

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 six auctions in 2019 at Aston Villa FC as well as offering online auctions, selling properties nationally across the UK.

Jack and Megan said Yes to Victoria Point and Yes to a new year wedding!

When Jack Weaver and Megan Winfield called in to the new luxury Victoria Point development in Ashford to check on the progress of their first property purchase together, little did Megan realise that Jack had another deal to seal.

He had told Megan it would be a good chance to oversee the finishing touches to their two bedroom, two bathroom apartment they plan to move into in late October.

Then to the delight of Savills sales negotiator Pete Cronin, who was in on the secret, Jack dropped down on one knee and proposed to Megan.

And she said…”Yes!”

They celebrated with a romantic dinner that evening, while planning their big day next year.

Jack, aged, 22,who works in financial services in Folkestone, and Megan, aged 21, a teaching assistant in Ashford, have been going out together for four years and had been planning to set up home together for some time.

Jack said: “We had been looking around the Ashford area and wanted a two bedroom property, but everything we saw, whether a house or an apartment, was much smaller than we wanted, or needed work.

“Then we made an appointment to look at Victoria Point and we were instantly impressed with the development. We were offered a great selection of apartments before deciding on the two bedroom apartment we have chosen to be our home.”

Their two bedroom apartment, which was on the market for £240,000, has two en-suite bathrooms, plus a WC, and they will also have access to Victoria Point’s Super Lounge and the designer gardens and outside space.

Jack added: “The price, the size, the location and the facilities were just what we wanted and when we visited on Saturday it was the first time we had seen the communal areas and the garden. It all looks really good and it is nice to see it has turned out just like the brochure depicted!”

He said another major factor in the decision to purchase at Victoria Point was the way in which Ashford is developing.

“Ashford Designer Outlet is amazing and there is so much happening around the area, in particular close to Victoria Point.”

His job in Folkestone is just 15 minutes on the train from Ashford International.

David Hofton, sales and marketing director of Elevate Property Group who are developing the 216 apartments at Victoria Point, said they were delighted for the happy couple.

“This is our first marriage proposal at Victoria Point and I hope there will be many more!” he said.

“We have seen a surge in reservations recently since lockdown eased and more than 140 – 65% – of the 216 apartments are now sold.”

Mr Hofton added that Victoria Point was proving popular with a wide range of buyers, from first tie buyers like Jack and Megan, to downsizers and investors.

“Lockdown put outside space firmly in the spotlight plus the fact that many people will be working from home for the foreseeable future. Owners at Victoria Point can choose to work in their apartment or use the communal space of the Super Lounge and the outside areas, when weather permits.

“Victoria Point really is ideal for a flexible working lifestyle.”

The development’s proximity to Ashford International Railway Station has also been a major factor, with Victoria Point just 36 minutes from London’s St Pancras International Station, and time to other London stations ranging from 29 minutes to Stratford International to 60 minutes to Waterloo.

Victoria Point offers a range of studios, one, two and three bedroom apartments with prices currently ranging from £142,500 to £355,000.  Buyers have the benefit of a concierge service, a superb residents’ lounge, extensive landscaped gardens and parking.

Mr Hofton added that interest in Victoria Point is also being driven by the news that planners have given the go-ahead for a £250 million film studio complex which could create more than 2,000 full time jobs. The studios, with Netflix and Amazon already showing interest in the facilities, will be located on the disused Newtown rail works close to the Designer Outlet.

For further information, call Savills on 0845 155 1101, email victoriapoint@savills.com or view the development at https://www.elevatepropertygroup.co.uk/residential/victoria-point

Ends (692 words)

For further information, please contact:

David Hofton, Sales and Marketing Director,

Elevate Property Group, St Pauls House, St Pauls Square, Birmingham B3 1RB

0121 272 5729

http://www.elevatepropertygroup.co.uk

http://www.facebook.com/elevatepropertygroupuk

http://instagram.com/elevatepropertygroup

Prepared and issued by Andy Skinner of ASAP PR – 01789 490786 or 07990 978257.

Editors’ Notes

Elevate Property Group creates exceptional architectural spaces that respect how important your home is for easy living and wellbeing.

About Ashford

Ashford is around 60 miles south east of London and 15 miles north west of the coastal town of Folkestone. The nearby M20 gives fast access to the coast, the capital and the national motorway network.

With the arrival of Ashford International Train Station, the town has blossomed into a lively commercial centre. With investment and expansion planned for the station and surrounding areas Ashford is building on its bustling continental atmosphere and is expected to double in size over the next 25 years.

A plan for a new Commercial Quarter will become a catalyst for future economic growth. With a focus on the digital and technology industries this ambitious business hub will ensure Ashford’s well placed for future generations.

The town centre will also be revolutionised by Elwick Place, a six screen boutique cinema with a hotel, restaurants and events spaces. Alongside this, there’s a £90 million extension planned for the McArthurGlen Designer Outlet proving once again Ashford’s fashioning itself a bright future.

Victoria Point is close to Ashford International Train Station and 4.5 miles from the M20, giving you quick access to the M26, M25 and M23. London airports, including Stansted, Gatwick and Heathrow, are all within 90 minutes’ drive, offering connections to Europe and beyond.

Jobs boom in North East Worcestershire being strangled by lack of employment land

The property agent this week named as Worcestershire Dealmaker of the Year 2020 has called on the local councils covering North East Worcestershire to free up more employment land or risk losing jobs forever.

Ian Parker, joint managing director of commercial property agency John Truslove, which was also named at Worcestershire’s most active commercial Agency, has been recognised in the Radius Data Exchange survey produced in conjunction with EG, the commercial property market magazine. He has also been named Warwickshire Dealmaker of the Year 2020.

The award comes after 12 months which saw John Truslove, which celebrates 40 years next year, experienced a 36% increase in deals negotiated.

He said: “I am delighted to be named Dealmaker of the Year in our industry for both Worcestershire and Warwickshire.

“North East Worcestershire is currently a hotbed for business and in great demand, due to good communication links, its central UK location and proximity to Birmingham and Birmingham International Airport.

“But Redditch, Bromsgrove and Worcestershire local authorities must act immediately to free up more employment land or we miss losing out on jobs for a generation.

“While Amazon at the Eastern Gateway is a welcome addition to Redditch, the development whose infrastructure was part funded by local authorities, has not provided the accommodation so desperately needed and promised at the outset and has been a wasted opportunity by the councils with the developers being allowed to pursue maximum profit over the requirements of the region.

“There is plenty of land on the fringes of current developments, for example at Ravensbank, that could be allocated for employment uses.

“The situation is critical and needs addressing in days, rather than years, otherwise companies looking to build a central UK base and create thousands of jobs will simply look elsewhere. There are areas, in the East Midlands for example, where they will be welcomed with open arms.”

The national survey of property deals by Radius Data Exchange runs from August to August, taking in as Ian Parker pointed out, a General Election, Brexit and the Covid-19 pandemic and lockdown.

He said: “It is an honour to be named Worcestershire Dealmaker of the year especially following on from recently being named Warwickshire Dealmaker and it is testament to the hard work and dedication of everyone at John Truslove.

“It has been a challenging 12 months but the amount of activity we have seen proves the strength and resilience of the economy and businesses in North East Worcestershire.

“It is essential that the local authorities find ways to unlock employment land to allow the region to continue to strengthen. The shortage of available accommodation is a perennial issue, and we must be ready for the anticipated migration of business out of the major conurbations.”

He added: “As a firm, John Truslove straddles the Warwickshire and Worcestershire border from our base in Redditch, and we are ideally placed to advise all businesses, local, regional, national and international, on the options and availability in our area.”

Established in 1981, John Truslove was built up by the founder until he handed over the reins to joint managing directors Ian Parker and Ben Truslove. The firm is one of the Midlands’ leading independent business property advisers, covering Warwickshire, Worcestershire and the wider West Midlands.

Ends (543 words)

For more information, contact:

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

01527 584242

Prepared by Andy Skinner of ASAP PR, 01605 651203, mobile 07990 978257.

Prime site in Stratford’s Old Town is sold for development

Commercial property agents John Truslove have sold a key development site in the Old Town of Stratford-upon-Avon for a price equating to over £2 million an acre.

The leading commercial agency had marketed the former Army Reserve Centre in New Broad Street asking for offers in excess of £1.5 million.

But after a hotly-contested sales process, Castle Homes of Warwick was the winning bidder for the 0.89 acre site which was granted planning permission for seven houses and three apartments in August 2020.

The development, due to commence at the beginning of 2021, will offer a mixture of two, three and four bed houses and three large apartments in the heart of Old Town.

Ben Truslove, joint managing director of John Truslove, said: “Sites in Stratford’s Old Town do not come to the market very often, and as this is such popular location to live, we were expecting a lot of interest in the site.

“Having gained planning permission, the site has tremendous potential for residential development, and I am sure Castle Homes of Warwick will do it justice and we look forward to seeing the transformation in due course.

“I recently had the pleasure of a tour of Avon Heights, which Castle Homes of Warwick are developing on Swans Nest Lane. The quality of the build is excellent, and it is a two minute walk from the town centre. I am not at all surprised that they have already sold units, including the penthouse, off plan.”

The freehold site in New Broad Street, which is unoccupied, was previously owned by West Midland Reserve Forces and is the former Territorial Army barracks.

It currently consists of a two storey office/training facility, warehouse, workshops and storage shed amounting to 21,500 sq ft on the 0.89 acre site.

The sale by John Truslove follows on from the agency’s successful sale of a former army reserve centre in Waterloo Road, Hanley, Stoke-on-Trent.

The long-established Redditch firm is retained by the West Midlands Reserve Forces & Cadets Association (WMRFCA) to advise on the organisation’s property assets. The 2.15 acres site was sold on behalf of WMRFCA to Fenton Park Developments for £580,000.

Ben Truslove added: “Sites with development potential are much in demand and we are experiencing particularly strong interest in sites of this size.”

Lauren Powers of law firm HCB acted for WMRFCA and Castle Homes of Warwick was advised by Sib Chunara of SC Legal in Leamington Spa.

Ends (344 words)

For more information, contact: 

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

01527 584242

Prepared and issued by Andy Skinner of ASAP PR – 01608 651203, mobile 07990 978257.

Principle to look after historic industrial conversion in Birmingham’s Jewellery Quarter

An historic foundry in Birmingham’s Jewellery Quarter that was converted into nearly 100 luxury apartments is to be looked after by Principle Estate Management.

The contract to manage the Grade II-listed Derwent Foundry, which dates from the Edwardian era, has come from Simarc Property Management Ltd.

Principle already manages multiple sites for Simarc, one example being plush apartments each worth approximately £3 million in an exclusive block at Acre House in Covent Garden, London.

Derwent Foundry, situated just off St Paul’s Square and fronting Mary Ann Street, was built in 1903 for Taylor and Challen, which cast presses for the minting of coins and produced other castings for the jewellery and light engineering trades until the 1970s.

After lying derelict for three decades, it was converted into 98 luxury apartments in a much-lauded £23 million project in the late 2000s.

One of the reasons behind the building’s importance is a claim that its architecture reflects the work of Peter Behrens, the German designer and precursor of the Bauhaus movement.

Brett Williams, managing director of Principle, said: “We’re thrilled to have been appointed to manage Derwent House, which is well known as a prominent building in the Jewellery Quarter.”

Mr Williams explained that this was Principle’s seventh contract in the Jewellery Quarter, where their offices are based.

He said: “It is always pleasing to be approached by leaseholders who want to use us, and we’re looking forward to starting work at this fantastic building.

“In many ways, the distance from the development doesn’t matter, but it will be a comfort factor for residents that Derwent House is just a three-minute walk from our new offices on Newhall Street.”

Mr Williams added: “We already have our to-do list based on conversations with the residents and our inspections, and we will work through these to ensure Derwent House is well maintained and a great place to live.”

Natalie Chambers is a director at Simarc, the expanding management arm of the Wallace Group, which now owns well over 100,000 leasehold properties.

She said: “We were happy to look at a change of agent when the residents put forward Principle, who are already on our approved panel of agents, as we have always been impressed with their customer-focussed care and attention.”

Principle Estate Management was launched in 2018 by Mr Williams, the former head of residential property management at CPBigwood in Birmingham, and a past-chairman of ARMA.

Now in its third year, Principle has tripled in size in the last 12 months, with the number of units it manages rising from just under 2,000 to more than 6,000 across all nine English regions including London, plus more in Wales.

The company is based at Newhall Street in Birmingham and offers a national property management service.

Ends (460 words)

For further information please contact:

Brett Williams,

Principle Estate Management LLP, 137 Newhall Street, Birmingham B3 1SF

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.

 

Siddall Jones helps fire-hit company keep business open

When a severe fire ripped through their original factory on the Dudley Central Trading Estate in the early hours of 12 July, the directors of Dove Steel Doors Ltd turned to Black Country industrial property specialists Siddall Jones.

Within days, managing director Ed Siddall-Jones had found them a new 14,000 sq ft base at Albion Works, Moor Street in Brierley Hill.

Mr Siddall-Jones said: “There is currently a severe shortage of available industrial stock in the Black Country and the West Midlands generally, but fortunately the directors of Dove Steel Doors had been in touch with me previously about a move.

“At that time there wasn’t a unit of the right size available at Albion Works, so it was extremely fortunate that when they called, we had the right building at the right time to accommodate them quickly.”

Olivia Powell, new accounts manager at Dove Steel Doors Ltd, said Siddall Jones were “brilliant”.

“We had continued to work, with appropriate safeguarding, during the pandemic lockdown, so it was essential that we maintained production and delivery of orders. With Ed Siddall-Jones’ help we were back up and running in the shortest possible time.”

Established in 2008, Dove Steel Doors Ltd provides specialist steel doors fabricated to order and now employs 30 staff.

Ed Siddall-Jones said: “We are the sole agents for Albion Works and landlord Wilson Property, and it was gratifying to be able to help Dove Steel Doors Ltd get back up and running with the minimum of delay.

“The West Midlands industrial market is performing well, despite the pandemic, and we are desperate for new stock.”

Ends (267 words)

For further information, please contact,

Ed Siddall-Jones, Managing Director,

Siddall Jones, The Mint, 95 Icknield Street, Birmingham B18 6 RU.

0121 638 0500

www.siddalljones.com

Prepared and issued by Andy Skinner, ASAP PR – 01608 651203, mobile 07990 978257.