About Our Company

“BSP Holdings is a family run business with a very long history. Our aim is to excel in everything that we do and are committed to developing our people and growing our business.”

Translation

Investement

equitable_house

BSP buys Equitable House

NOTTS property firm BSP Holdings says its purchase of Equitable House overlooking Old Market Square is a “once in a lifetime opportunity” and it is now spending £1.2m on its refurbishment.

BSP bought the six-storey 24,000 sq ft building from Barclays Bank.

The property will now become office headquarters for BSP which aims to increase its property portfolio in the city.

Remaining vacant space will be offered out for leisure and commercial use.

Nottingham City Transport is to take space for £76,250 pa on the ground floor along with Bet Fred the bookmaker.

BSP, a co-directorship of six brothers – Stephen, Paul, David, Robert, Michael and Alan Singh, is in negotiations with a leisure operator which could take further space up to 17,000 sq ft within the landmark building.

BSP will take one full floor of the property for its 40-strong team, and an extensive office refurb programme has already begun, says Paul Singh who heads the company’s commercial arm.

“This was a once in a lifetime opportunity for us to take a landmark building in a location which could not be more central,” he said.

“We are delighted to have acquired Equitable House and have already started refurbishing the office accommodation.”

Equitable House dates back to the 1920s when it was purpose-built for the Woolwich Equitable Building Society.

It was designed by prominent Nottingham architect Thomas Cecil Howitt who helped create many city landmarks including the Council House opposite, and St Barnabas’ Church, Derby Road.

In the 1920s and ’30s, Howitt was housing architect for the city council, designing municipal housing estates which are often considered to be among the finest, in terms of planning, in the country.

BSP, which has been trading for 30 years, has business interests locally, nationally and overseas.

It has projects in South Yorkshire, Notts, Lincolnshire – as well as schemes in Spain and Italy.

The company is involved in commercial, industrial and residential developments and owns property and caravan parks all over the UK.

Paul Singh added: “It was important for us to move to NG1.

“We have been looking to relocate to the city centre for some time – but we never expected to move so close to the Market Square.”

Chris Sinclair, of Innes England advised BSP in the Equitable House deal and will be jointly marketing vacant space with Savills in 2009.

“BSP has the opportunity to creative some very attractive refurbished office accommodation in a fantastic location overlooking the Market Square,” he said.

“These opportunities don’t come to the market very often. It is a great opportunity for BSP.”

Peter Thornley, managing partner at Fraser Brown Solicitors which handled the acquisition, said: “This is yet another significant deal that we have had the pleasure of working with BSP.

“Equitable House is an important building in Nottingham and stands in an excellent location within the city.

“Its purchase shows that despite the current economic climate there are still deals to be done by those with the right entrepreneurial skills.”

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BSP Holdings £3 million investment.

A £3 million investment in Skegness has the potential to unlock up to 150 jobs, say those behind the 
development.

Lincoln-based chartered surveyors Banks Long & Co, and Nottingham-based HEB, are looking to lease new units at the Skegness Trade Park on the Wainfleet Industrial Estate and the firms’ Nottingham based client BSP Holdings will embark on a 40,000 sq ft 
development on land just 
behind the Skegness Retail Park.

BSP Holdings director Paul Singh said: “This partly-committed, partly-speculative development represents an investment by us of £3 million and it has the power to create around 150 new jobs. The development will comprise seven individual units and our agents have secured 10,000 sq ft of space, way ahead of completion, and we have strong interest in the remaining units.
“We are pressing ahead because of our confidence in the market, generally good forecasts and the strong level of enquiries. As a company we have already done very well in bringing national companies to this estate and we are confident of attracting more.”

East Lindsey District Council has welcomed the move. Portfolio holder for economic regeneration Coun Craig Leyland said: “It’s been a tough time for business in East Lindsey in recent years. This announcement is positive news for the district and a step in the right direction. As a council we welcome investment proposals that look set to create jobs and give the economy a boost.”

Banks Long & Co director William Wall said: “The development itself forms part of a larger business park which already houses Travis Perkins builders’ merchants, MKM builders’ merchants and BSS Plc.

“The new units are designed to suit businesses looking for trade counter premises or space for light industrial, storage and distribution purposes.

“BSP Holdings’ decision reflects its confidence in the local market and the company has already been rewarded after receiving strong interest and a commitment from one business to take 10,000 sq ft.

 

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TELEPHONE

You can call us on on 0115 85059302

EMAIL

Contact us by email at info@bspholdings.com

ADDRESS

Castle Heights, Nottingham, NG1 6BJ, UK.