Fairhurst Estates Asset Management

Charity trip to Kenya with Rowley Projects

Fairhurst Estates — Mon, 13 Feb 2012 15:41:56 +0000

John Thornley Managing Director of Fairhurst Estates and Alison Thornley the Support Manager have recently returned from a charity trip to Nyandiwa, Northern Kenya. John a trustee of Rowley Projects was making the trip for the fourth time, it was Alison’s second visit.

Rowley Projects serves a community in western Kenya, working in partnership with the local people to transform their everyday lives by providing Clean Water, Health Care and Education. These schemes will later provide a pattern that can be replicated in neighboring areas.

After visiting their friend Ayugi and his family in Nyandiwa, western Kenya in 2000, Stephen and Angela Rowley discovered that the greatest need in this extremely poor area of Kenya, was clean drinking water. The following year they began visiting the area on a regular basis, 2 or 3 times each year and their first project was to establish a bio-sand water filter project.

Through fundraising efforts over the past ten years the primary and secondary schools, Kingsway Kolweny at Nyanadiwa have been rebuilt and classroom blocks at neighbouring schools have been established.

A disused dispensary has been reopened, is kept fully stocked with medical supplies and a health professional employed.

A sponsorship scheme has been extemely succesful, enabling even the poorest families to send their children to school.

During the January trip John inspected all buildings constructed with charity money over the past 4-6 years. The aim being to establish a repair and maintenance programme. This is a little known concept in rural Kenya, in fact there isn’t even a word for it! Alison a former teacher, spent time visiting some of the schools supported by the charity. She enjoyed teaching again, offering encouragment to some staff qualifying in special eduational needs and observing the way the Kenyan education system operates.

John and Alison have a particular interest in the small businesses being set up in the area and how entrepreneurship is encouraged and rewarded. They visited a local lady who has set up a successful sewing business and supplies very high quality school uniforms to several local schools. The business studies students at Kolweny Kingway have been left a challenge in the form of a small solar powered light. They are being encouraged to put together a business plan to offer a rental service for the solar lights and a re charge service……… Remember there isn’t electricity in this area and the cost of kerosene for the lamps commonly used is expensive!

For further information about Rowley Projects visit the website at www.rowleyprojects.com

Take a look at the varied ways charity money is spent:-

£10 for a “Mooncup”. (Sanitary protection to enable girls to attend school all month.)
£10 to vaccinate 50 children
£5 for a treated mosquito net
£15 for a secondary school uniform
£10 for a primary school unifom
£5 for weekly medical technician’s visits
£80 for one year’s secondary school fees
Donation towards a new water filter workshop
Donation towards the dispensary
£30 for a month’s salary for a teacher
£20 to paint one classroom externally
Donation to “Hope beyond Form 4”
University/College Scholarship Fund (Average costs £200 per term)
£10 for one month’s internet connection at the school

Coming Soon – Rotherham – Tradeworld -Rotherham Road S62 6EZ

Fairhurst Estates — Wed, 08 Feb 2012 10:19:12 +0000

A Litton Properties Development

Fairhurst Estates are delighted to have been appointed joint agents at this exciting new scheme.

21,500 A1 Bulky Goods Retail Space
21,000 sq ft Trade Counter
New Development
Prominent, High Profile location on Rotherham Road
17-18,000 two way vehicle trips daily
10 minute drive time catchment 124,361
20 minute drive time catchment 631,102
See pdf for preliminary information

All enquiries

Nigel Blyth 0161 476 9478 nigel.blyth@fairhurst-estates.co.uk

Howard Elliot-Jones 0161 476 9481 hej@fairhurst-estates.co.uk

Pat Christian 0161 476 9425 pat.christian@fairhurst-estates.co.uk

Rotherham Trade World

RICS Annual Review -The year from a macro-economic perspective

Fairhurst Estates — Mon, 19 Dec 2011 15:49:57 +0000

The economist’s view

The year from a macro-economic perspective

The past year has been one to forget. The start of 2011 promised a robust and sustained recovery. That was laid to rest with a number of shocks to the global economy. The tragedy in Japan in March, which severely disrupted supply chains around the world, was followed by political brinksmanship in the US regarding the attempt to put in place a credible medium-term strategy to bring down the national debt. Finally, the eurozone crisis has caused high volatility in the financial market since August. These events have battered confidence in the global recovery. Even emerging markets, responsible for most of the global growth in the past 12 months now seem to be losing momentum. Latin American growth has eased, on the back of Brazilian supply bottlenecks and rising interest rates. Meanwhile, emerging markets in Asia also seem to be softening albeit at a pace consistent with a soft landing with falling global demand and earlier policy tightening being the primary reasons.

Developments in property markets broadly reflected the underlying economic fundamentals. Previous fears of emerging ‘bubbles’ in real estate markets in Asia and Latin America eased on the back of slowing growth in those markets and macro-prudential measures put in place to restrict the flow of credit into the property sector. This was particularly in the case in China where the authorities put in place a series of measures designed to curb speculative activity. On the other hand, in many advanced economies the on-going shortfall in bank finance continued to shape the behaviour of real estate.

The outlook for land, property and construction

Emerging markets will continue to drive construction output over the coming year. Both China and Brazil are aiming to meet ambitious affordable housing targets while India, alongside a focus on a similar programme, will also continue to address the need for a much higher level of infrastructure investment.

According to the latest RICS Global Property Survey, the outlook for the commercial real estate sector is brightest in China, Brazil and Russia, with all three markets expecting to see robust rental and capital value growth. The property sector in many emerging markets will also benefit from the now quite widespread pause in the monetary tightening cycle. Indeed Brazil has started to cut rates on the back of weakening external demand and it could be followed by other countries in due course.

In advanced economies, financing from banks continues to hold back transaction levels, while the deleveraging process in both households and financial institutions’ balance sheets looks likely to continue to dampen demand in the real estate sector. Central banks will in all probability continue to further ease already loose monetary conditions, with the Bank of England’s latest round of quantitative easing unlikely to be the last. In addition, the US Federal Reserve looks set for its own ‘QE3’ in the coming months. The situation in Europe is highly fluid, with a disorderly default in Greece a very real possibility. If such an outcome were to materialise it would have widespread ramifications, straining an already vulnerable financial sector, increasing the borrowing costs of other eurozone countries and further hurting confidence.

However, a more positive outcome is still a possibility if recent policy initiatives addressing the euro zone are implemented promptly and forcefully. This would help restore confidence in financial markets, and start a positive feedback loop that could trigger stronger than anticipated growth in the coming year.

Simon Rubinsohn

RICS Chief Economist

RICS Global

As the mark of property professionalism worldwide, RICS has members in 146 countries delivering knowledge and services at a local level around the world.

Chartered Building Surveyors join the Fairhurst Team

Fairhurst Estates — Mon, 24 Oct 2011 15:45:44 +0000

Elaine Clark and Alan Hardman have joined Fairhurst Estates Building Consultancy department during recent months. They bring with them an enormous amount of experience and are being kept busy by FEL’s nationwide clients.

Elaine became a member of the Royal Institute of Chartered Surveyors (RICS) in 2004 and has a wealth of building related experience mainly in the North West. During her employment in Manchester with CMP she worked in Banks and Funds, managed general project schemes and pre acquisition surveys. She worked with a wide variety of industrial and commercial clients, including such occupiers as Costa Coffee. Elaine also has experience dealing with dilapidations and schedules of conditions.

Alan is a Chartered Member of the British Institute of Architectural Technologists (CIAT) and also has a wealth of building related experience around the North West. He has recently worked as a Senior Building Surveyor with Hewden Stewart and also Ashstead Plant Hire Company Ltd. He designed and refurbished existing and new units within the company property portfolios, preparing feasibility studies, costings, tenders and working in accordance with related legislation.

Act Now to Save UK towns, Regeneration Projects and Jobs:

Fairhurst Estates — Mon, 19 Sep 2011 10:55:50 +0000

“A petition is being signed by thousands to get Empty Property Rates Tax debated in Parliament”

The property sector urgently needs your help to fight the Government’s unfair Empty Property Rates (EPR) tax.

The Business Centre Association, whose members serve more than 40,000 start ups and SMEs in the UK, has launched a petition to get the Empty Property Rates threshold debated in Parliament.

We’ve been tirelessly lobbying MPs of all parties, this past week British Property Federation is backing our campaign, but there’s still a huge amount to do. We urgently need 100,000 signatures if we are to trigger Parliamentary debate before the autumn budget statement.

Property owners have been placed under extreme financial pressure since April 2011 when the Government dramatically lowered the Empty Property Rate threshold from £18,000 to £2,600.

When the EPR threshold was first introduced it led to the tax being dubbed ‘Bombsite Britain’, once again landlords and flexible space providers are being forced to consider demolishing perfectly good buildings with nothing to replace them as the current EPR threshold makes them financially unviable.

The current Empty Property Rates tax threshold is stifling regeneration, it is inhibiting economic growth. It is threatening jobs and the supply of flexible work space when it is most needed to aid the UK’s economic recovery.

Join our campaign to raise the EPR threshold to its previous £18,000 level before it’s too late.

Click here http://epetitions.direct.gov.uk/petitions/318 to find out more or sign the petition.”

The Business Association Ltd Reg No 3636769

Team Fairhurst successfully smash £1,000.00 target for local charity.

Fairhurst Estates — Wed, 20 Jul 2011 13:22:46 +0000

Four daring members of “Team Fairhurst” successfully completed a Zip Wire event at Salford Quays on Sunday 17th July for local charity Beechwood Cancer Care Centre, Stockport. Team Fairhurst have already smashed their target of raising over £1,000.00 for the charity. The current total stands at an amazing £1,255.00 with more money promised.

Team Fairhurst braved strong winds and torrential rain to leap from a 30 metre high platform at the Imperial War Museum and whizz a distance of 250 metres across the Manchester ship Canal to The Lowry.

A huge thank you to everyone who generously sponsored the Team and helped make their fundraising effort so successful.

“>http://www.justgiving.com/TeamFairhurst

BEECHWOOD CANCER CARE INFORMATION
Beechwood is a local Stockport day centre openedin 1990 to help anyone whose life has been affected by the diagnosis and treatment of cancer.

A cancer diagnosis can come as an enormous shock to patients, their families and carers. They can feel anxious, fearful and often alone.

Within their welcoming surroundings they offer a range of free support, including 1 to 1 talk time, complementary therapies, group sessions, a Family Therapist and Bereavement to help patients, family members and carers cope with all the problems they may have to face.

Fairhurst produce positive property outcomes for Hewden Stuart

Fairhurst Estates — Mon, 11 Jul 2011 11:39:29 +0000

Recent property activity by Fairhurst Estates has resulted in a number of successful deals.

Associate Director Howard Elliot Jones has recently sold Hewden’s Poole depot. This was a swift turnaround: from inception of the offer to eventual completion took only 4.5 days and Hewden were very pleased with the result.

Howard has recently had involvement in the surrender of Hewden’s Yoevil depot. This was handed back to the landlord after protracted negotiations and Hewden are pleased as it removes a problematic depot that they had difficulty finding a suitable tenant for. The outstanding rent review and dilapidations were also settled at the same time.

The letting of a Hewden Hire roadside trade property in Fylde Road, Preston to Premier Hire North West Limited has just completed. Fairhurst Estates are now instructed to sell the long leasehold investment property – interested parties should speak to Nigel Blyth

Further NTS Acquisitions

Fairhurst Estates — Mon, 11 Jul 2011 10:54:06 +0000

Fairhurst Estates are pleased to announce the latest 2 new acquisitions for National Tyre Service. They are just about to commence fitting out in Stourbridge on Mill, Race Lane and a 4,000 sq ft bespoke new build is approaching completion in Colne, Lancashire.

A number of additional sites are under offer and further completed acquisitions will be announced shortly.

Team Fairhurst Charity Zip Wire across Manchester Ship Canal

Fairhurst Estates — Mon, 13 Jun 2011 11:10:21 +0000

On Sunday 17 July 2011 four members of “Team Fairhurst” are undertaking a Zip Wire event at Salford Quays on behalf of a local charity Beechwood Cancer Care Centre, Stockport.

They will be starting from the top of the Imperial War Museum flying across the Manchester ship Canal over to The Lowry. Please take a moment to look at their Just Giving page:

“>http://www.justgiving.com/TeamFairhurst

BEECHWOOD CANCER CARE INFORMATION
Beechwood is a local Stockport day centre opened in 1990 to help anyone whose life has been affected by the diagnosis and treatment of cancer.

A cancer diagnosis can come as an enormous shock to patients, their families and carers. They can feel anxious, fearful and often alone.

Finance Department News

admin — Tue, 31 May 2011 15:46:11 +0000

Following Catherine Booth’s appointment at Fairhurst Estates as Finance Manager, the dept is going from strength to strength. Her previous knowledge in property is a distinct advantage combined with earlier appointments at: Healthy Investment (initially Management Accountant promoted to Finance Manager), ASM (Assistant Accountant) and The House (Assistant Accountant and IT Manager).

Luke Atkinson has now worked at Fairhurst Estates for almost three years. He joined the company from a hospitality and management background and has studied hard to pass a number of accountancy exams. His eventual goal is to become a fully qualified Chartered Accountant.
Robyn Whittaker joined the company this Spring as an accounts apprentice. She has already begun her training and attends the Damar Training Centre one day each fortnight as she works towards her first AAT qualification.

The team provide this progressive Practice with financial reporting and information relating to building solutions, maintenance and estates management solutions, including service charge for the group of companies within the organisation.

Fairhurst Estates is a member of Greater Manchester Chamber of Commerce.