ASH CHARTERED SURVEYORS RISES TO THE CHALLENGE AND ACHIEVE CONTINUED GROWTH

ASH Chartered Surveyors was established in 1989 and is one of the best-known practices working throughout Gloucestershire from two offices in Gloucester and Cheltenham. The firm offer a range of services including property management, lease consultancy and agency and is run by its three partners, Bruce Fenley, Alastair Mylechreest and Simon McKeag.

The COVID-19 pandemic has presented challenges for many businesses, across a range of sectors, and the property industry has been no exception.

ASH faced challenges of its own over the last 2 years, however, as we start 2022, the firm has achieved continued growth of both its team, and turnover and is proud to still be offering a personal service and helping clients by using the teams in-depth knowledge of the Gloucestershire property market.

Simon McKeag joined ASH as a Graduate Surveyor in 2000, becoming a Partner in 2009 and heads up the Agency Department, primarily dealing with the acquisition and disposal of commercial properties across the County. Simon said, into team.

Looking ahead this year there will undoubtedly be further challenges to overcome in the commercial property market, due to a shortage of industrial/warehouse space and commercial land in the county and ongoing difficulties facing the retail market with the growth of online shopping. The shift to remote working is likely to result in office occupiers reviewing space requirements.

Gloucestershire has proven it is resilient to adversity in the past and there is an appetite for business, with a number of significant developments progressing in the county, continuing to make it an attractive place to live and work.

ASH are looking forward to 2022 and maintaining their position as one of the key commercial surveying practices in the county and seeking new opportunities to grow.

GLOUCESTER OFFICE

3 PULLMAN COURT, GREAT WESTERN ROAD GLOUCESTER

GL1 3ND

T 01452 300433

CHELTENHAM OFFICE

1 TO 5 KEW PLACE, CHELTENHAM GL53 7NQ

T 01242 237274 www.ashproperty.co.uk

Ash Portfolio

THE GRANGE, BISHOPS CLEEVE, CHELTENHAM

Headquarter Office Building set in an attractive landscaped site let to Zurich plc. ASH provided pre-acquisition advice on behalf of Wesleyan Assurance Society.

LOCATION: Cheltenham

PROPERTY TYPE: Offices

SIZE: 16,256 sq m (175,000 sq ft)

UNIT 1 GATEWAY 12 BUSINESS PARK, GLOUCESTER

Brand new industrial/warehouse unit on a modern Business Park within 1 mile of the M5. ASH acted as marketing agents for the development on behalf of St Modwen plc.

LOCATION: Gloucester

PROPERTY TYPE: Industrial/Warehouse

SIZE: 6,237 sq m (67,138 sq ft)

HOLLYBUSH FARM, LONGHOPE

Mixed-use property comprising a range of commercial space (part occupied by Hillside Brewery), a dwelling, holiday let and 40 acres of agricultural land. ASH sold the property on behalf of a private client.

LOCATION: Forest of Dean

PROPERTY TYPE: Mixed-use

SIZE: 1,233 sq m (13,272 sq ft)

KINGSHOLM BUSINESS PARK, KINGSHOLM, GLOUCESTER

City centre industrial warehouse and office complex with excellent car parking ratio. ASH leased the main warehouse with ancillary accommodation to Gloucester RFC for use as their new training facility.

LOCATION: Gloucester

PROPERTY TYPE: Industrial/Warehouse

SIZE: 4,645 sq m (50,000 sq ft)

BROOKTHORPE HALL, BROOKTHORPE, GLOUCESTER

Substantial former care home providing accommodation for 32 clients with staff facilities set in approximately 0.8 acres. ASH sold the property on behalf of a private client.

LOCATION: Gloucester

PROPERTY TYPE: Care Home

SIZE: 1,585 sq m (17,060 sq ft)

MANUFACTURING/OFFICE FACILITY, OLDENDS LANE, STONEHOUSE

Purpose built factory with attached building on a self-contained site extending to circa 4 acres. ASH sold the property to an owner occupier on behalf of private clients.

LOCATION: Stonehouse

PROPERTY TYPE: Industrial and Office

SIZE: 6,947 sq m (74,780 sq ft)

252 BATH ROAD, CHELTENHAM

Development site situated in the thriving Bath Road area with consent for 8 apartments and a retail unit. ASH sold the site on behalf of a private client.

LOCATION: Cheltenham

PROPERTY TYPE: Retail and Residential Development

SIZE: 0.11 hectares (0.28 acres)

Town centres in line for £70M regeneration opportunity

Significant proposals to regenerate three town centres in North Worcestershire are being prepared with the support of £70 million external grant funding.

Bristol o ce undergoes multi-million pound refurbishment

360 Bristol, one of the city’s most prominent central office buildings, is undergoing a major refurbishment to provide around 44,000 sq ft of modern open plan office space and a range of wellbeing amenities.

The eight-storey office building, with its full height curved atrium overlooking the St James Barton roundabout, was acquired in 2019 by investment group Melburg. In a strong sign of confidence in Bristol’s office market, they are making a targeted investment to reposition the 107,000 sq ft building and in so doing providing a new product with a full suite of amenities.

Alder King has recently been appointed as joint letting agents on the scheme, alongside Knight Frank.

Alder King partner Simon Price said: “This is one of the largest refurbishments under way in Bristol, following the success last year of other city centre office refurbishments including 10 Wapping Road, 41 Corn Street and Pivot & Mark, all of which were successful in securing lettings quickly following practical completion.

“Demand for city centre office space is strong with take-up levels so far this year almost equalling pre-Covid levels. Availability remains low and 360 Bristol refurbishment works are set to complete at an opportune time.”

Design competition launched for £1 billion Innovation District at Begbroke Science Park, Oxford

Oxford University Development, the £4 billion joint venture between the university and Legal & General Capital, has launched an international competition to find a team to design the masterplan for its £1 billion, 190-hectare mixed-use Innovation District at Begbroke Science Park.

The winning design team will set the bold ambition and design intent for a project that, the university says, will transform the area around Begbroke Science Park, to the north of Oxford. The project will also create 2,000 homes alongside with new schools, a public park and nature reserve.

The first phase of the regeneration programme will provide new facilities for the university’s research and development, as well as providing space to incubate spin-out companies, while the second will involve the creation of the wider innovation district.

The funding has recently been secured by North Worcestershire Economic Development and Regeneration from the Future High Streets Fund, Towns Fund and the recently announced Levelling Up Fund and will support the delivery of major capital projects in Bromsgrove, Kidderminster and Redditch. The gross development value of the proposed projects exceeds £100 million.

Ostap Paparega, Head of North Worcestershire Economic Development and Regeneration, said: “At the core of these proposals sits a place making approach that will transform and re-purpose our town centres as creative, leisure and employment destinations offering new and exciting experiences to residents, visitors and businesses alike. The proposed interventions will introduce new uses that support daytime activities and the evening economy, attracting more people to our town centres and increasing the footfall on our high streets.”

The funding will enable the delivery of specific projects now being considered by council leaders.

In Bromsgrove Town Centre

£14.5 million from the Levelling Up Fund will fund a 3,000 sq metre flexible workspace and cultural hub on the former Market Hall site. It will deliver site infrastructure and enabling works to unlock a key town centre site for a residential-led mixed-use development as well as comprehensive public realm improvements.

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