News & Publications

Property consultancy Alder King has been appointed agents on a rare commodity in Swindon - a high quality industrial/business unit on Equity Trade Centre, one of the town’s most popular established business parks.

Pharmaceutical manufacturer Staitech has agreed a deal with developer Robert Hitchins to build a new headquarters near Gloucester.

A new Evans Halshaw Car Store has now opened at Barnwood Point in Gloucester, following the acquisition last year of a two acre development site by leading motor dealer group Pendragon PLC.

HPH Commercial Property has recently completed a letting on one of the few Grade II listed office properties in Swindon.

Alder King, acting on behalf of LCP Properties, has negotiated two retail lettings at the Livermead neighbourhood centre in Torquay, resulting in the opening of a new Co-op and Barnardos store.

Construction is well advanced on a new speculative industrial scheme at Cabot Park in Avonmouth, Bristol. The development by Rockhaven Developments will deliver three new production/distribution buildings ranging from 12,500 sq ft to 37,500 sq ft.

Property consultancy Alder King is marketing the former Watson Fuels depot site in Ledbury, Herefordshire, which has potential, subject to planning, for both residential and commercial development.

Manchester-based David Samuel Properties has acquired Ley Court, a 33,215 sq ft multi-let office development on Barnwood Business Park in Gloucester. The privately-owned investment company purchased the freehold from Aviva Investors.

Alder King Planning Consultants, supported by a financial viability assessment by the firm's Development Consultancy team, have secured a resolution to approve planning permission from Bristol City Council for the development of a 255 unit build to rent scheme on behalf of Legal & General Property Ltd.

Leading independent property consultancy Alder King has announced three promotions in its Bristol office.

The 1st April 2017 will herald the introduction of the 2017 Rating Revaluation which has so far proven to be the most contentious on record.

Another barnstorming year of transactional activity ensured property consultancy Alder King retained its title as the South West’s Most Active Agent for the 16th year in succession. As well as winning the overall title, the firm was ranked top in the offices, industrial and investment sectors.

Property consultants Alder King have disposed of the consented residential conversion opportunity at Friary House on Gloucester’s Southgate Street, just weeks after acquiring the freehold of the entire property for private investment company Rabeat Ltd.

Business rates experts at Alder King say property owners who have paid Empty Rates on a property while it underwent refurbishment over the past two years can now make a backdated claim for a refund.

The Chancellor’s three measures announced in today’s Budget to alleviate the burden of higher business rates will have left many businesses frustrated and disappointed, say business rate experts at Alder King.

Bath-based HPH Commercial Property has completed the latest phase of its asset management programme at Bewley House in Chippenham town centre.

Over 40 golfers from Devon’s business community will tee off in complete darkness next week, when they take part in property consultancy Alder King’s 14th Night Golf tournament.

Chippenham-based De Marchi Engineering has made significant investments in new equipment and additional premises to facilitate further growth in 2017.

Property consultancy Alder King is inviting best bids on the former Keynsham Fire Station, a prominent site in the heart of the town centre which, subject to planning, is suitable for a variety of uses.

Acting on behalf of Bristol Grammar School, Alder King Planning Consultants have secured planning permission for a new all-weather artificial sports pitch, predominately for rugby use, at the school’s playing fields just outside Failand near Bristol.

Edinburgh Woollen Mill has opened its fourth high street store in Cornwall, after leasing the ground floor retail unit at 38/39 Market Place in Penzance. The tweed and knitwear retailer already has outlets in St Ives, Bodmin and Carnon Downs near Truro.

Over 40 golfers from Devon’s business community took to the fairways of Fingle Glen Golf Hotel last Thursday night (23 March) to take part in Alder King’s 14th Night Golf tournament.

Online book company Reuseabook has begun a fresh chapter with a move to new premises in Gloucester.

Following the 2008 market downturn, rent review activity fell to an all-time low, except in Greater London and other parts of the South East. In fact many commentators speculated that 2008 signified the end of open market rent reviews. However the buoyancy of the regional occupier markets over the past two years has fuelled a comeback in rent review activity in most sectors.

Alder King, working jointly with Cooke & Arkwright, have now fully let or sold over 30,000 sq ft of prestigious high-tech accommodation at Brunel Park, a small scheme of three detached buildings developed by Deryn Properties at Baglan Energy Park in South Wales.

Our Swindon office has let three high quality brand new industrial units totalling 4,536 sq ft at Wiltshire Council’s Castledown Business Park at Ludgershall in Wiltshire.

Property consultants Alder King have let a former industrial building in St Austell in Cornwall for conversion into a dance and fitness studio.

Hansteen, advised by Alder King, has completed the freehold disposal of its Hawtin Park property in Blackwood, South Wales. The 106,844 sq ft property was sold to an overseas high net worth investor, advised by Knight Frank, for £5.15 million, reflecting a NIY of 7.83%.

Acting for Bristol City Council, Alder King has sold the former Horfield Police Station site on Sommerville Road in the Bishopston area of Bristol.

ARK Housing Consultancy, advised by Alder King, has completed the freehold disposal of St George's House, a prestigious three storey Regency office building in Cheltenham. The 3,576 sq ft property was sold as an investment to Evesham-based market garden company Samsara Ltd off a guide price in excess of £200 per square foot.

Two new tenants have signed up for space at the £50 million 2 Glass Wharf office development at Temple Quay in Bristol.

Our senior partner has today been named ‘Property Law Expert of the Year’ in the Lawyer Monthly Magazine Expert Witness Awards 2017.

Schroders’ Multi-Let Industrial Property Unit Trusts (MLIPUT), a sector specialist Jersey-based Property Unit Trust advised by the JLL Strategic Asset Management Team, has completed the freehold acquisition of Units 1-8 Abbeywood Park in Bristol using investment agents Alder King as the acquiring agent. The prime multi-let industrial estate totalling 42,803 sq ft was acquired from LaSalle Investment Management, advised by Knight Frank, for £5.8 million, reflecting a NIY of 5.09%.

Acting on behalf of a pension fund client, property consultants Alder King have completed the freehold disposal of Unit 4C Linhay Business Park in Ashburton, Devon. The West Country-based Stonehaven Care Group acquired the edge of town office unit off a quoting price of £425,000.

Property consultants Alder King have disposed of the freehold interest of Palace Chambers, a terrace of five Grade II listed properties in Stroud with development potential. The purchaser is the London-based property investor Shallosquare which secured the investment for £900,000, reflecting a net initial yield of 7.71%.

Leading motocross clothing brand Fox Head has relocated its UK office from Bristol to Quedgeley in Gloucestershire, after agreeing terms with property consultants Alder King on a modern office building on Green Farm Business Park.

Property consultants Alder King have sold the long leasehold interest in Xchange House, a modern office building at Pickwick Park near Corsham in Wiltshire, to IFS Investments Ltd.

Alder King Planning Consultants have secured a resolution to approve planning permission from North Somerset Council for the development of 69 homes and a 1,517 sq ft two storey office building on behalf of Taylor Wimpey UK Limited.

Acting on behalf of Bristol Charities, Alder King has negotiated the freehold sale of two central Bristol apartment blocks. Perrett House and Redcross Mews on Old Market were acquired by Bristol-based Cabot Mews Ltd for in excess of £6 million.

Acting on behalf of the private investment company Castle Mound Estates, Alder King has sold the freehold interest in John Deere House, a multi-let office building on Meteor Court in Gloucester. The 7,902 sq ft property was sold to Kingscombe Estates, represented by Heywood & Partners, off a quoting price of £900,000.

A former residential property in Swindon recently used by the West Swindon Family Centre as a children’s pre-school and day nursery is being offered for sale by property consultancy Alder King, on the instructions of Steve Elliott of Monahans.

Advised by Alder King, the Bristol-based charity has acquired the freehold of a three acre brownfield development site adjacent to its Westbury Fields retirement community in the Westbury-on-Trym area of Bristol. The vendors were Bristol City Council and the Department for Education (DfE). The terms of the deal remain confidential.

Property consultants Alder King have let a prominent retail property on Tewkesbury High Street to Betfred, the world’s largest independent bookmaker, for a new betting shop.

Acting on behalf of a private vendor, property consultancy Alder King has sold the freehold of the former English in Exeter premises at 42 Longbrook Street in central Exeter. The end of terrace period office building was sold to Totnes-based Embo Investments Ltd for £326,900. Noon Roberts represented the purchaser.

Acting on behalf of Bristol City Council, Alder King has sold the freehold of the former Cheltenham Road Library in Bristol for residential redevelopment.

Alder King Planning Consultants have won a planning appeal against Hart District Council for a 5 MW battery energy storage facility after an inspector ruled that its contribution to the stability of electricity supply outweighed local countryside development plan policy.

A Swindon family-run heating and plumbing business established over 30 years ago is expanding into larger premises to enable it to fulfil its growing order book.

Acting on behalf of Salmon Harvester Properties/NFUM, Alder King has let the entire third floor of 2 Glass Wharf on Bristol’s Avon Street to leading law firm Foot Anstey.

Charles Saunders, one of the largest independent food service companies in the South West, has acquired the freehold of the Brakes Group’s former cold store premises at Armstrong Way in Yate. Advised by Alder King, the company purchased the 45,755 sq ft facility from Brakes, which was represented by JLL, for a figure in excess of £3 million.

Ralph Collison, consultant at Alder King in Exeter, has been awarded The John Laurence Special Contribution Award at Michelmores’ 15th annual Property Awards.

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