Thomas Lister Appointed as Appraisers for the £150 Million Black Country Land and Property Investment Fund

Thomas Lister Limited are delighted to announce that they have been appointed by the City of Wolverhampton Council and The Black Country Local Enterprise Partnership as Property Appraisers for a new investment for a new £150 Million investment fund to support both commercial and residential development schemes as well as site remediation projects to address the barriers to development across the sub region.

The fund was launched in November 2017 at the Hawthorns in West Bromwich and has already attracted significant interest from developers and land owners and it is anticipated that a first round of grant approvals will be secured by March 2018.

The appointment is for a term of four years and sits alongside the recent appointment of Thomas Lister to continue their role as Appraisers to the Black Country Local Growth Fund by Walsall Council (as accountable body) and the Black Country Local Enterprise Partnership.

Chris Thomas of Thomas Lister commented “Thomas Lister are delighted with the appointment which builds upon our existing relationships within the Black Country – and will hopefully enable us to work with the LEP and the Local Authority Partnerships to secure the new investment required to bring forward major brownfield opportunities across the Black Country”.

Sale of Durham Incubator Centre Completed

 

Acting on behalf of the Homes and Communities Agency, Thomas Lister has now negotiated the disposal of the freehold of the Modern Incubator Centre at Durham Way, Newton Aycliffe in Durham to Bridges Business Centres Limited.

The centre was developed in 2003 totalling 17,150 sq. ft. and is occupied under 48 separate licence agreements. The site has previously been operated by both Evans Easyspace and Regis on behalf of the HCA.

The sale follows on from the recent disposal of the freehold of a 23,000 sq. ft. industrial estate and also of a 2 acre development site at Carlbury Road on the Aycliffe Business Park negotiated by Thomas Lister on behalf of the HCA.

Chris Thomas of Thomas Lister commented; “we are pleased to have successfully completed the disposal of three separate freehold properties on the Aycliffe Business Park over the past 12 months with only a single site of four acres still available – although this property is now “under offer” and in solicitors hands with a view to completion of the disposal in early 2018”.

 

Thomas Lister are proud to announce and welcome Graduate Surveyor Nick Mann onto the team after completion of an MSc in Real Estate at the University of Manchester.

Nicks appointment will both add additional capacity and further the portfolio of talent present at Thomas Lister.

Nick Said: “I am hugely excited to join Thomas Lister, gaining the opportunity to pursue a career in property whilst benefitting from involvement in their vast and exciting client base. The range of services provided by Thomas Lister will provide great learning opportunities and will facilitate me to attain experience across a number of disciplines, furthering my development as a Graduate Surveyor whilst training towards my APC.”

Rachel Lister, Director of Thomas Lister commented: “We very much look forward to Nicks appointment feeling that he fits perfectly within our ethos of teamwork and exceptional service.”

Marika joined Thomas Lister in August 2017 and spent eight years as part of the development team at Prologis, undertaking development appraisals as an essential prerequisite of site acquisitions for development purposes.

Marika brings a wealth of practical appraisal experience through the acquisition and disposal process, along with a high degree of commercial acumen through being at the forefront of property development and delivery

 

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Thomas Lister have been appointed by Government Agency, The Homes & Communities Agency (HCA) to sell the freehold of a modern enterprise centre at Heart of the Park in Newton Aycliffe. The building totals a net internal area of 21,500 sq.ft. divided into 42 separate suites with 63 on-site car parking spaces and is currently managed by Regus for the HCA.

The Centre is currently let to over 35 separate businesses and produces a gross income of over £370,000 per annum with scope for improvement.

Chris Thomas of Thomas Lister commented: ‘The Centre has continued to be popular since opening in 2004 and is now seeing the benefit of the opening of the nearby Hitachi Rail Engineering Centre as businesses seek a presence in Newton Aycliffe to support this major inward investment.’

‘The property provides an attractive opportunity for investors seeking a high yielding modern property with scope for income, improvement or alternatively managed workshop operators seeking a presence within the area.

For more information contact Chris Thomas at Thomas Lister on 01527 871640 or e-mail: chris.thomas@thomaslister.com

Thomas Lister is separately offering an adjacent 4 acre commercial development site for the HCA at Carlbury Road.

 

 

 

 

Thomas Lister are instructed to dispose of a strategic housing development site in the Fenton area of Stoke on Trent.  The site comprising an area of 17 acres and located adjacent Fenton Park and open green space, off Dewsbury Road near it’s junction with the A50 Victoria Road.  A proposed development scheme is currently in for outline planning permission seeking approval for the development of 297 new dwellings.  Determination of the planning application by Stoke on Trent City Council Planners is anticipated early December 2016.

Thomas Lister are currently in discussion with several house builders and developers who have expressed an interest in this exciting development opportunity.  It is anticipated that several attractive offers will be received for this site with an anticipated selection of a preferred bidder before the end of the year.

For further detail on the site please contact either Chris Thomas or Robert Andrews at Thomas Lister on 01527 871640.

 

Rachel Lister and her family completed the Rainbow Run and raised £100 for St. Richard’s Hospice.  Here is an account of the day by the two youngest members of the family:

The Mighty Rainbow Run By Laura (aged 8)

It all started on that day when we were running for a charity called St. Richard’s Hospice. The run was called a Rainbow Run as runners got powder paint thrown at them while running round the route. We got to choose a colour paint and threw it on people, so for once adults could have fun with a paint fight! Then we had a warm up that was a bit like a dance routine before we ran.  We had to choose colour sunglasses so while we ran 5kms the paint that people chucked at us didn’t go in our eyes. After that it was time to run to try to change people’s lives who are very poorly.  When we started running it was crowded and we had to be careful not to get lost. We got covered in loads of paint! Elderly people, girls and boys or a machine chucked paint at me.  It was very hot and I felt like my legs could snap in two but it was fun and I kept going!

The Mighty Rainbow Run By Anabel (aged 9)

On the 10 of July, we did something called the Rainbow Run. We had to run 5kms wearing old clothes which you don’t mind getting covered in paint. The Rainbow Run was an event to raise money for St Richards’s Hospice. We started off with a warm up, which was very energetic and fun because it was basically all dancing.  We then ran two laps of the route.  I was running with my mum and dad and sister Laura who is eight and I’m ten this year.

As you run people throw powder paint at you, which is like flour just coloured but obviously in different colours otherwise it wouldn’t be called the Rainbow Run! The powder was thrown at us all through the route and it was lots of fun and at the end we got a chocolate bar and a certificate and we realised we had raised £100.

Thomas Lister are delighted to welcome Lee White to the Practice.

Joining us on 6th June 2016, Lee’s appointment will further bolster our team’s capacity for the provision of professional services offered by the company.

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Lee, a Chartered Surveyor and Registered Valuer, says this of his recent career move;

“I am delighted to have joined Thomas Lister and the ability to pursue a career in property development and regeneration, which is where my passions lie. Thomas Lister have a diverse portfolio of really exciting projects and I am looking forward to being involved in the delivery of these, working with both public and private sectors, on a national basis. The wide ranging services that we provide means that there is never a dull day and I look forward to contributing to the delivery of schemes across the property spectrum”.

Lee will be involved in all aspects of Thomas Lister’s diverse and rapidly expanding client base and case load, providing much needed capacity to the team.

A vacant and derelict site at Southfield Lane in Whitwell has now been sold to Welbeck Estates following a competitive bidding process.

The land, extending over circa. 2.9 hectares (7.2 acres), has been vacant for over 25 years and transferred into the ownership of the Homes & Communities Agency as part of a portfolio transfer of non-operational coalfield sites.

The disposal to Welbeck Estates means that the site can be incorporated into prestigious major mixed use development proposals within the immediately surrounding area, currently being prepared by Welbeck Estates.

Rachel Lister, Director at Thomas Lister commented;

“The disposal of this long term vacant site, to Welbeck Estates who have strong historical ties in Whitwell, means that the opportunity to deliver major regeneration to Whitwell can finally move towards becoming a reality”.

Daren Ridout from Welbeck Estates added;

“This site forms an important piece of the jigsaw towards delivering a comprehensive regeneration proposal for the former Whitwell Colliery site  that will offer jobs, homes and a restored tip for the local community”.