“HERE COMES THE SUN”
“Here Comes the Sun” was written by George Harrison and features on The Beatles 1969 album Abbey Road. Harrison wrote the song in early 1969 at the country house of his friend Eric Clapton and the lyrics reflect his relief at the arrival of spring and include the line “it’s been a long cold lonely winter” and “the smiles returning to the faces”. By the end of 2019, the song was the most streamed Beatles song with over 350 million plays.
This week marks another important milestone on the road to unlocking the economy; following the reflections last week on the anniversary of the first lockdown and the remembrance of all those people that lost their lives to Covid and the huge role front line health services played to keep the number of deaths from being even more shocking.
Spring is a time for renewal and hope and as we emerge from the latest lockdown the timing of this seems appropriate. We have returned to our offices this week, after three months at home, and it has been so good to see colleagues face-to-face. We of course still have in place the full range of social distancing measures and cleaning and hygiene measures that we introduced last year, but with the ongoing progress with the vaccination rollout (a third of the Chandler Garvey team has been vaccinated) and the health data moving quickly in the right direction there is a real hope that this emergence from lockdown will be the last.
The opening of non-essential retail on 12th April is long-awaited and as we move through the stages it is hoped that the economy will be fully open by the end of June, although holidays abroad are starting to look less likely as a third wave of the virus starts to grip continental Europe.
As the health crisis reduces thoughts are turning more to the economy and dealing with the cost and the fallout from the financial burden placed upon so many businesses. Commercial property is often regarded as a barometer for the health of the economy and we remain incredibly busy with many new and exciting projects and lots of tenant activity. There is clearly a proportion of businesses that are taking a long-term view on the economy and with the expected growth in GDP this year and next year there are reasons to be optimistic.
This week we welcome a new member to the team with Leah Pawley joining as an Operations Executive, working across various disciplines driven by very many new systems and processes we have adopted in the past eight months.
In other news, I became a Fellow of the National Association of Estate Agents this month and this gives a clue to the launch of a new division within the firm in April that I am very excited about. I look forward to telling you all about it in the next newsletter.
I saw this quote and thought it was relevant to these challenging times. “In three words I can sum up everything I’ve learned about life. It goes on.” Robert Frost
Westcott Venture Park has lift off with Bucks UK Space Agency Letting
State-of-the-art rocket test facility is landing at Buckinghamshire’s Westcott Space Cluster.
The Secretary of State for Housing, Communities and Local Government on behalf of the UK Space Agency has opened a new satellite propulsion facility at Westcott Venture Park in Bucks.
The National Space Propulsion Test Facility will offer companies a more affordable test facility than international rivals. It will allow more types of more sustainable propellants to be tested such as Hydrogen Peroxide and Liquid Oxygen. The Government have invested £4m for this new facility.
Rod Mordey, Director at PATRIZIA, which owns the 650-acre Westcott Venture Park, said: “This is yet another leap forward for the development of Westcott Venture Park in Buckinghamshire as a centre of excellence in the space propulsion and associated high-tech industries.
“Future Investment will ensure Westcott’s place at the heart of the UK space industry. Over the next 10 years, Westcott will become the UK Centre for the next generation of propulsion systems and small satellite manufacture.”
Chandler Garvey act on behalf of PATRIZIA at Westcott Venture Park and are currently marketing Plot 4000 with detailed planning consent for 25,700 sq ft of industrial space.
Visit www.westcottvp.com for more details on the Park and availability.
Stuart Lodge, High Wycombe
Self contained office building with car parking suitable for continued office use or for redevelopment. 2,079 SQ FT FOR SALE.
Peregrine Business Park, High Wycombe
6-building office campus located to the East of High Wycombe town centre. Three two-storey office buildings available. 3,874 – 4,889 SQ FT TO LET.
10 March Place, Aylesbury
Industrial unit with roller shutter door and forecourt parking. Unit 11 has recently gone under offer. 1,540 SQ FT TO LET.
Derehems Lane, Loudwater
Warehouse/production space with offices and good yard with parking. Suitable for motor trade use. 12,955 SQ FT TO LET.
Units B&C Howland Road, Thame
Modern industrial units with ground floor warehouse and mezzanine storage. 1,753 – 3,721 SQ FT TO LET.
White Hart Street, High Wycombe
Creams Dessert Parlour have taken a lease on a retail unit in High Wycombe town centre.
Bellingdon Road, Chesham
Approximately 11,422 sq ft in 6 industrial units sold off market to an adjoining owner at a price in the region of £1.5 million.
34 Crendon Street, High Wycombe
Letting agreed to an estate agency firm; Wycombe Sales & Lettings.
7 High Wycombe Business Park
Modern industrial unit with first floor offices sold.
1 Phoenix Business Centre, Chesham
Single storey industrial unit has been let to a local occupier. 1,061 SQ FT NOW LET.
HQube High Wycombe
Coming Summer 2021
A development of 12 New Industrial Units
AVAILABLE TO LET
Chandler Garvey has been appointed as letting and managing agents on a new 12 unit light industrial development on behalf of our Client; Buckinghamshire Council. This exciting development on the edge of High Wycombe town centre is part new build and part reprovisioned shipping containers, aimed at small growing local businesses.
The units are currently under construction and due for completion in Summer 2021.
Availability will include ten units of 1,034 sq ft and two units of 1,354 sq ft each, which will be available on new FRI leases, with terms to be agreed.
The units will have allocated parking and a bank of EV charging points will be provided for tenant use. Externally the development will be landscaped with planters and trees.
To register your interest, please contact Terri Clarke on 01494 446612.
Moat Farm, Buckingham – Letting in connection with HS2
Terms have been agreed at Moat Farm with a company working on the HS2 infrastructure.
The building, located in Newton Purcell, between Bicester and Buckingham, comprises approximately 8,400 sq ft. at a rental equating to c.£7 per sq ft. Included is a small external space, which will be used for storage.
Chandler Garvey acted on behalf of the Lessor throughout marketing and negotiations.
Launch of New Bucks Skills Hub Website
Bucks Skills Hub is excited to announce the launch of its brand-new website, which provides a one-stop shop for all your career and skill needs, including support for career development and pathways and crucially at this time, redundancy support.
Heather Dean, Head of Skills and Business Support at Buckinghamshire Business First, said: Bucks Skills Hub aims to give you all the information you need to make career choices easier, widen your horizons and inspire you. On our new website you will find detailed information relating to a huge number of career options together with the resources and job vacancies to galvanise you into action. Whether you need some help navigating a career change mid-life or you are fresh out of year 11 or at any point in-between – the Bucks Skills Hub website is here to give you the guidance and support you need.”
The new website – designed to inspire, support and inform – focuses on fulfilling the needs of those trying to choose a career, those looking for a career change and educators, with an extensive range of resources and new improved functionality as well as a dynamic home page with latest news and social media feeds.
Heather Dean added: “Whatever stage of your career you are at, even if you have recently had to face redundancy, the new Bucks Skills Hub website is here to help you embrace new job possibilities in key sectors across Buckinghamshire, support you with the latest skills, careers and redundancy advice and inform you about latest opportunities in Buckinghamshire with 1,000s of live jobs available!
The Bucks Skills Hub promotes and optimises links between the business community and education/training providers to enable young people and adults to gain valuable insight into career opportunities, and it help them develop the skills and qualifications they need to progress in the workplace at whatever stage of their career they are in.
Employee Engagement With Office Vibe
Lockdown and remote working have made us all look at ways of working and staff engagement.
We wanted to find a way of ensuring our team could communicate with us in a proactive way and were aware that this was made even harder by us not seeing each other face to face. We researched the market place and found an employee engagement tool, which we are now using and are happy to recommend.
Officevibe is an online system to help you understand your team, obtain feedback and build great conversations. Comments from staff can be anonymous but manager feedback is always personal, ensuring they have a safe space to let you know how they are feeling and what can be improved within the organisation. Feedback can be via a regular “pulse” which are questions from a bank created leading HR experts.
Each week staff are asked 5 questions one of which is open ended allowing them to provide more detail. You can then see how your metrics are changing over time and against other businesses in your sector. You can also create a “custom survey” or choose a survey from a list of templates.
There are webinars and online training tools to help with the onboarding and it links with Microsoft packages if you need to import staff details.
We have been using it now for almost a month and the engagement has been fantastic, we take the time to reply to all comments and if necessary ask for further clarification. The basic version is free. So we would say give it a try, please see below for an overview.
Churchill’s Toy Box Sold
Chandler Garvey has been successful in selling “The Firs” which is a 7,100 sq ft office building with enormous historical significance.
The property is a large Arts & Crafts style country house built in 1897 and is located in Whitchurch, just north of Aylesbury. The Firs was requisitioned in 1941 and became a British weapon research and development organisation in the Second World War. It is here that Winston Churchill and his boffins developed a number of secret weapons, ranging from the sticky bomb and limpet mine to giant bridge carrying assault tanks, as well as the PIAT, a tank destroying hand-held mortar. Many of the inventions developed at The Firs were used by the Special Forces to help destroy innumerable enemy tanks, aircraft and ships. And so this Millionaire’s country mansion became one of the most famous “back rooms” of the Second World War.
Colonel Stuart Macrae, who helped found the department and was its second in-command throughout its life, wrote a book on the fascinating history of the building called “Winston Churchill’s Toy Shop” that tells the story of this relatively unknown establishment.
Chandler Garvey has sold the property to the Stonehouse Group who intend to restore the building into 8 luxury apartments. Alan Chandler acted on behalf of IPM Personal Pension Trustees Ltd throughout negotiations and was aided by John Hinton of Christopher Pallett in Wendover. A figure close to the asking price of £1 million was achieved.