Whybrow News
Hughes Electrical purchase 7 Upper Brook Street, Ipswich
Acting on behalf of St Marylebone Property Company, Whybrow Chartered Surveyors have completed the sale of 7 Upper Brook Street, Ipswich to Hughes Electrical Limited at close to the asking price of £400,000. Comprising a ground floor shop with basement, first floor offices and second floor flat extending in total to circa 3,300 sq.ft, the property is located close to the junction with Tavern Street and Carr Street and major multiples in the vicinity include Café Nero, Scholl, First Choice Travel, Corals Bookmakers and Jessops. Francis Darrah Chartered Surveyors acted for the purchaser.
Letting in Grangemouth completed.
Acting on behalf of the Inspectorate Group, Whybrow Chartered Surveyors have completed the letting of 9 Grange Court, Earlsgate Business Park, Grangemouth, a modern end terrace industrial unit extending to 2,211 sq.ft (205 sq.m) with on site car parking by way of a new five lease incorporating a tenant only break clause in year three at a commencing rent of £13,266 per annum inclusive of service and buildings insurance charges plus VAT. The Landlords, Northern Trust Company Ltd were represented by Ryden and DTZ.
The North Colchester Business Centre
More than 80 people attended Colbea’s AGM and sponsors’ summer networking evening on Thursday 8 July. The centre of excellence for new and start up businesses welcomed several VIP guests including Colchester Mayor Cllr Sonia Lewis, Colchester’s MP Bob Russell and chairman of Tendring District Council Alan Goggin. Guests heard about the new Business Incubation Centre that is under construction on the Colchester Business Park and will be opening in January 2011. Representatives from Rose Builders, who are currently working on site, were also in the audience. For details about Colbea’s business advice or office space at either of the two Business Centres, contact Bob Baggalley on 01206 548833.
Karen Joins Whybrow's Management Department
We are pleased that Karen has joined our team as Property Management Assistant, she will be working alongside Michael Devine in our Property Management Department.
Karen says "I come to Whybrow having worked for Royal London Asset Management for 18 years where I was responsible for the insurance of the entire property portfolio, as well as property accounting and various management issues. I also worked for Atkins Ltd for 6 years where I dealt with property management and maintenance issues for properties occupied by Essex County Council. I look forward to continuing my career at Whybrow."
The Old Seige House - Investment Sale Completed
Acting on behalf of private clients Whybrow Chartered Surveyors have completed the sale of The Old Siege House restaurant in East Street, Colchester to family buyers.
Comprising a Grade II Listed building parts of which are believed to date from the late 15th Century, the property incorporates a lounge bar, seating area, raised section and 90 cover open plan restaurant with additional private dining facilities and a managers flat plus 20 car parking spaces. The property is let to Mrs C Benebid for a term of 15 years at a passing rent of £80,000 per annum exclusive and offers were sought in the region of £975,000. The purchaser represented themselves.
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