Months of housing scheme delay come to an end in Nottingham
Agents appointed to redeveloped Chesterfield site
Jomast has appointed FHP as official joint agents of Elder Way – a pivotal site in Chesterfield town centre which has been redeveloped by the regeneration specialist into leisure and retail units.
FHP is the dominant retail and leisure agent within the Midlands, with offices in Nottingham, Birmingham and Derby, and has won the EGi East Midlands Most Active Retail Agent award for the last 13 years.
FHP will now work alongside WSB Property to jointly market the Elder Way scheme nationally to potential occupiers.
There are currently a number of leasing opportunities available at the 21,761 sq ft scheme, from smaller E Class and Sui Generis Bar units of 1,420 sq ft upwards to larger units of up to 4,704 sq ft.
Alan Pearson, director and head of retail and leisure at FHP, said: “We are pleased to partner with WSB Property to introduce Elder Way to a wider audience across the East Midlands. The units are suitable for a variety of uses following the change of the use class order which opens this up to office and clinical use, alongside the traditional retail and leisure use.”
Jomast has transformed the former Co-op department store into a landmark mixed-use leisure scheme comprising seven street-level units and a 16,285 sq ft basement. The site is being marketed to food and drink, and gym operators as well as retailers.
Constructed in the 1930s, the site has a mock-Tudor frontage and is as renowned as the town’s crooked Spire church.
A Premier Inn hotel already occupies the upper two floors of the building where it has been successfully operating since 2019. Recently Premier Inn owner Whitbread reported that its first-quarter sales came in ahead of last year’s figures, supported by strong demand for travel and leisure and robust performance of its UK hotels.
Elder Way is one of the key developments within Chesterfield Borough Council’s £60 million Northern Gateway Scheme which includes a new multi-storey car park, completed in 2021, and an Enterprise Centre opened in 2022. The Enterprise Centre, which has 32 office suites, is recording near 100% occupancy just 12 months after opening. Both the Enterprise Centre and Saltergate multi-storey are located within a two-minute walk of Elder Way.
Mark Hill, commercial property director of Jomast added: “We’re committed to creating developments and regenerating properties that have a transformative effect on towns and cities and Elder Way embodies this. It is a pivotal site both in the town centre and the Northern Gateway scheme in Chesterfield.”
Administrators appointed to bingo business
Tim Bateson and Chris Pole from Interpath Advisory have been appointed joint administrators to Majestic Bingo Limited.
Majestic Bingo is an independent operator of retail bingo, operating eight clubs across England and Wales and employing 143 people at the time of the appointment of the administrators.
Historically profitable, the company was adversely impacted by lockdowns during the COVID-19 pandemic which caused significant reductions in admissions which have since failed to fully recover.
In May 2021, the company’s bingo hall in Spalding, which was a profitable venue, suffered a serious fire as a result of an electrical fault and subsequently never reopened.
More recently, the cost-of-living crisis and the fall in disposable incomes seen across the UK since late 2021 has also adversely impacted the business.
Consequently, the financial performance and position of the group has declined in recent years, leading the company to experience cashflow challenges. As a result, the directors resolved to place the company into administration.
Following their appointment, the joint administrators will continue to trade the business and all eight venues as a going concern while they explore options for a sale of the business and its assets. All members of staff have been retained by the administrators to enable trade to continue.
The joint administrators have confirmed that they will honour customers’ Electronic Bingo Terminal (EBT) funds and any valid gift vouchers for the period whilst trading continues.
Majestic’s online business, Majestic Bingo Online Limited, is a separate entity which is not in administration and continues to operate on a solvent basis as usual.
Tim Bateson, director at Interpath Advisory and joint administrator, said: “Majestic is one of the UK’s most recognisable independent bingo operators, but in recent years has seen trading adversely affected by the impact of lockdowns during the COVID-19 pandemic, as well as the cost-of-living crisis.
“We will continue to trade the business in the immediate term while we seek a buyer for the business, and would encourage any interested parties to make contact with us as soon as possible.”
Display excellent work at the East Midlands Bricks Awards 2023
- Most active estate agent
- Commercial development of the year
- Responsible business of the year
- Residential development of the year
- Developer of the year
- Deal of the year
- Architects of the year
- Excellence in design
- Sustainable development of the year
- Contractor of the year
- Overall winner (this award cannot be entered, the winner will be selected from those nominated)
Book your tickets now
Tickets can now be booked for the East Midlands Bricks Awards 2023 – click here to secure yours. The special awards evening and networking event will be held on Thursday 28 September 2023 in the Derek Randall Suite at the Trent Bridge Cricket Ground from 4:30pm – 7:30pm. Connect with local decision makers over canapés and complimentary drinks while applauding the outstanding companies and projects in our region, and hear from Mike Denby, Director of Inward Investment and Place Marketing at Leicester City Council, our keynote speaker. Dress code is standard business attire. Thanks to our sponsors:












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Loughborough University appoints new commercial director
Loughborough University has appointed Dr Sally Wilson as commercial director.
Dr Wilson is currently working for Harper Adams University as their commercial advisor. She began her career as a Marie Curie Post Doctoral Researcher in the Michael Smurfitt Business School, University College Dublin, before moving into the private sector to deliver business and commercial leadership in a global management consultancy and FTSE 100 PLC. She then went on to lead and deliver transformation and growth at Surrey University, University College London (UCL) and Surrey Police. In her new role at Loughborough, Dr Wilson will be responsible for the continued development of the University’s commercial strategy and supporting key partnerships that are strategically aligned with its values, business goals and culture. Speaking about her appointment, she said: “I am privileged to be joining Loughborough University and excited to be bringing together existing and new partners to deliver the strategy. “I am looking forward to meeting all the people that have made Loughborough such an iconic and exciting world-class institution and looking outwards to how we build, grow and leverage on existing achievements.” Alexandra Owen, the University’s Chief Financial Officer, added: “We are delighted Sally will be joining us. Her appointment underlines our commitment to enhancing the commercial activities of the University, maximising the benefits of both existing and future partnerships, and the role they will play in delivering our ambitious new strategy.” Dr Wilson is due to join the University in September 2023.Council successful in defending decision to sell Sixfields land to Northampton Town Football Club
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Pendragon COO steps down
Pendragon’s Chief Operating Officer Martin Casha, who has held the role since 2001, is standing down from the company to take up a position as CEO of Marshall Motor Group.
In order to “simplify the company’s organisational structure,” Pendragon says Martin’s role will not be replaced and his reporting lines will be re-distributed across the senior leadership team.
Martin will continue in his role as Chief Operating Officer and as a director until 7 November 2023.
Bill Berman, Chief Executive Officer, said: “On behalf of the Board and all our associates, I would like to thank Martin for his contribution to Pendragon.
“He has been instrumental to the growth of the business and more recently, he has played an important role in implementing our strategy to transform automotive retail through digital innovation and operational excellence. We wish him all the best for his future endeavours.”
Martin Casha, Chief Operating Officer, said: “I have been very fortunate to have enjoyed a fantastic career at Pendragon. It has been a privilege to be part of a first-class organisation and I would like to thank the team that I have had the pleasure of working with. I wish them every success for the future.”
The news comes after Casha, who has been with Pendragon for 42 years, was voted back into his position by a margin of 59.86% to 40.14% at an AGM last week.Leicestershire firm shares in multi-million pound grant to develop ‘world-first’ boiler
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An opportunity to applaud the region’s property and construction industry – enter the East Midlands Bricks Awards 2023!
After winning two awards at the 2022 event, William Crooks, Managing Director of Cawarden, said: “It was fantastic for Cawarden to be presented with not one but two prestigious awards at this year’s Bricks Awards. We received the Contractor of the Year title for the second year in a row, which is absolutely fantastic to be recognised again for our project and service delivery expertise.
“Despite the challenging landscape, we’ve had an exceptional year, achieving sustainable growth whilst delivering a diverse range of projects for some of the UK’s leading clients. To then pick up the Responsible Business of the Year title was the icing on the cake. We’re committed to improving the image of the industry, and we strive to raise the bar for our people, the planet, and the community. To receive an award for our recent achievements is wonderful.
“A big thank you to the judges and congratulations must also go to all the other award finalists and winners. The event was a real showcase for the regional property and construction sector, and we are more than proud to be part of it!”
To nominate your (or another) business/development for the East Midlands Bricks Awards 2023, please click on a category link below or visit this page:- Most active estate agent
- Commercial development of the year
- Responsible business of the year
- Residential development of the year
- Developer of the year
- Deal of the year
- Architects of the year
- Excellence in design
- Sustainable development of the year
- Contractor of the year
- Overall winner (this award cannot be entered, the winner will be selected from those nominated)
Nominations close Thursday 31 August.
Book your tickets now
Tickets can now be booked for the East Midlands Bricks Awards 2023 – click here to secure yours. The special awards evening and networking event will be held on Thursday 28 September 2023 in the Derek Randall Suite at the Trent Bridge Cricket Ground from 4:30pm – 7:30pm. Connect with local decision makers over canapés and complimentary drinks while applauding the outstanding companies and projects in our region, and hear from Mike Denby, Director of Inward Investment and Place Marketing at Leicester City Council, our keynote speaker. Dress code is standard business attire. Thanks to our sponsors:











