Petchey Holdings

Petchey are delighted to announce our latest acquisition; Cherwell Valley Business Park, located on the outskirts of Banbury. This impressive 17.5-acre property features a diverse range of modern industrial units and open storage yards. We’re excited to add this property to our portfolio, with key details including: - Open yards totalling 203,000 sqft - Industrial units ranging from 2,700 sqft to 31,800 sqft - Notable tenants: Evolution Sport, Volvo, Uniform Express, Menzies, and DX Freight - c. 20% of the site offers development potential, presenting exciting opportunities for growth For further info please contact either Peter Ritchie or Gordon Everard on 020 8252 8000, or joint letting agents White Commercial Surveyors and Brown&Co LLP for details on our available units ranging from yards with optional dedicated offices (4,000-13,000 sq. ft. ) to industrial units at 6,000 sq. ft.

We are pleased to have completed our external refurbishment works at The Courtyard, Croydon. The works included: - Installation of half-height cladding and redecoration of all elevations, bringing a clean, contemporary look to the estate - Replacement and repainting of electric pedestrian and roller shutters - Cut edge corrosion treatment to the profiled metal roof to ensure an extended life span Many thanks to Woodfellows LLP for their role acting as Project Manager, and ANDREWS BUILDING COMPANY LIMITED as the appointed contractor. We have space remaining on the wider estate ranging from 1,693 up to 3,321 sq. ft. If you have a requirement in Croydon, please contact William Morris or Harry Dollin directly on 020 8252 8000 or our local agents, SHW Property on 020 8662 2700.

Our external refurbishment and roof works at The Enterprise Centre, Basingstoke, are now complete and we are very pleased with the end product.   Many thanks to Cornerstone Building Surveyors for their role acting as Project Manager, and SOUTH EAST REFURBISHMENTS LIMITED as the appointed contractor.   The estate is currently fully let, but for any local requirements, please contact Harry Dollin on 020 8252 8000. 

We are pleased to complete another set of comprehensive project works in Ashford, this time on our estate at Stafford Close, Leacon Road. The combination of materials used improved the aesthetic of the units, blending traditional elements with contemporary finishes. The works reflect our ongoing commitment to maintaining our industrial portfolio, ensuring we continue to provide high-quality, durable spaces where tenants’ businesses can thrive in an environment that appeals to stakeholders and customers alike. The specification of works included; • Second phase of over-sheeting works, to enhance weather protection, improve thermal efficiency, and enhance longevity – this time on the roof terrace comprising Units 7-12 • New rooflights • New rainwater goods • External decoration works comprising goosewing cladding, anthracite trims, shutter doors, bollards, downpipes and gutters. On this one, we opted to retain the existing exposed lower-level brickwork which contrasts the fresh paintwork giving the terraces and buildings a modern and clean aesthetic feel while preserving the estate’s industrial character • Replacement of rotten external windows • Internal refurbishment of the dilapidated Unit 7 Thank you to the lead contractor SOUTH EAST REFURBISHMENTS LIMITED for their quality workmanship as well as our building surveyors at ALEXANDER HARRIS & ASSOCIATES LLP for their expert oversight and management throughout. Our refurbished end-terrace unit, Unit 7, measuring 1,209 sq. ft. of 4.5-meter eaves, is ready for the market and immediately available to let. Please contact either the asset manager for this site Nick Brown MRICS on 020 8252 8000 or our appointed agents at Stafford Perkins Chartered Surveyors for further details.

Petchey are pleased to complete two lettings on Emir House and Unit 2, Emir Industrial Estate to CK Rail, a specialist rail business in the rail, civil engineering and construction industry. CK Rail specialises in rail maintenance, rail repair, and rail infrastructure services across the UK – including design consultancy, railway electrification, civil works and plant services. Their work plays an important role in supporting the transport of people and goods, contributing to the stability and growth of the rail sector. Since acquiring the site in November 2022, we’ve invested significantly in refurbishing this estate both internally and externally. Securing two leases with CK Rail underscores the increasing demand for high-quality industrial spaces, and we look forward to building a lasting Landlord and Tenant relationship. We’ve now completed 4 leases since practical completion of the works in March this year with a further 2 units totalling over 10,000 square foot under offer. We still have units available and owing to popular demand we encourage all interested occupiers to get in touch with Nick Brown MRICS or our joint agents at Sibley Pares Chartered Surveyors & Estate Agents and Stafford Perkins Chartered Surveyors. Thank you also to our solicitor Georgina Savage of gunnercooke on this one, along with all parties who contributed to a successful outcome.

We are pleased to complete a lease to Demelza Charity at Unit 3, Sheldon Way, Larkfield. Demelza takes up 16,000 sq. ft. of warehouse space. It’s a pleasure to welcome a reputable charity that provides outstanding clinical care and emotional support to children with serious or life-limiting conditions as a tenant in our portfolio.   Demelza supports children, and their families, at every step – from first diagnosis and for as long as they are needed across Kent, South East London, and East Sussex, providing symptom management day care, family and sibling support, creative therapies, practical support, memory making and when the time comes, end of life care. Their dedication to making life the best it can be for children with complex conditions and for all those who love them is inspiring, and we are delighted to provide a space where they can continue their essential work.   Whether you are a charitable organisation, a start-up business, or a national covenant – if you have any requirements in the Kent county, please get in touch with Nick Brown MRICS on 020 8252 8000.

We are pleased with progress on our redevelopment of Emir Business Park, Ashford following our acquisition of the site and the neighbouring office block offering marriage value, Briscall House.   The redevelopment includes reconfiguring and splitting the units, re-cladding, re-roofing, new WCs, new doors/roller shutters, redecorations, groundwork repairs, new services and new access gates, etc.   The scheme comprises of 10 industrial units ranging from 2,000 – 7,000 sq. ft. as well as the ancillary road-facing 2 storey office block known as Emir House. The adjoining Briscall House is in the process of being converted into its own 3,100 sq. ft. industrial unit with a large self-contained yard.   Thank you to our building surveyors at Ingleton Wood and the lead contractor SOUTH EAST REFURBISHMENTS LIMITED for their work to date.   We are yet to complete on site, but we have already completed on Unit 10 and are under offer on Emir House, Unit 2 and Unit 3 to a range of occupiers.   If you are interested in leasing quality refurbished units in Ashford, please do not hesitate to contact Nick Brown MRICS or our joint agents Sibley Pares Chartered Surveyors & Estate Agents & Stafford Perkins Chartered Surveyors.

Estate works at King Edward Quay, Colchester, now complete. Following an extensive refurbishment of Units 1-3 King Edward Quay in 2021, we have completed the remainder of the redecoration works at the wider estate, with Orchard Group UK carrying out both projects to a crisp finish, overseen by Nick Willis of Woodfellows LLP. There is one unit available at the estate, measuring 2,355 sq. ft., so if you have a requirement in the Hythe area of Colchester please contact Joseph Lambert directly on 020 8252 8000, or our agents Fenn Wright LLP on 01206 85 45 45.

All at Petchey Holdings Limited (PHL) are deeply saddened by the recent death of Sir Jack Petchey CBE. Our sincere thoughts and sympathies are with his family and friends. Sir Jack’s focus in recent years has been directed towards the Jack Petchey Foundation (JPF) and this is something that the Directors of PHL have all supported. It is only natural that the focus on a Thanksgiving Service should be handled by JPF – please visit the JPF homepage at https://lnkd.in/diPDzMqc where you can; - find details of the Thanksgiving Service - make a donation in Jack’s memory - write a condolence message

Pleased to complete our new letting of 13 Moorside to Furniture Outlet who we are delighted to see have now commenced trading from the unit following new fit-out. This letting completed following the significant internal and external refurbishment of the building and wider estate, Global Park, during the latter stages of 2023 and into 2024. Many thanks to Michael Moody of Fenn Wright LLP for his assistance in getting this deal over the line.   We do have space remaining on the wider estate from 2,550 sq. ft. to 4,700 sq. ft., so if you have a requirement in Colchester please get in touch directly with Joseph Lambert on 020 8252 8000