Talkspace Group

Talkspace Engineers Property Move

Talkspace Engineers Property Move

According to Jonathan Hand, Managing Director of Stamford-based commercial property consultancy, Talkspace, many firms looking to relocate or expand find that the choice of available commercial property is in short supply, which can result in significant delays to the timescales of a move.

One of his clients, a Peterborough-based exceptional engineering company that helps businesses to maintain, improve and expand their production assets, Rayfern Ltd (trading as PEME), has bucked the trend by selling their existing property on Newark Road in Fengate, then with the help of Talkspace, finding and completing on the sale of new office premises in Minerva Business Park at Lynchwood within a matter of months.

PEME Director, Ian Morris told us, "We weren't looking to move, but the neighbouring business approached us with an offer to purchase Rayfern House. We engaged Jonathan Hand to help us search for new office premises and within a day he came back with five properties to consider; that was three to four months ago and we completed on the Minerva Business Park property in November so it's all happened very quickly.

Even when relocating isnít essential for continued business expansion, it can have far reaching benefits for a business as Ian Morris explains, "Although PEME has operated out of Rayfern House for 22 years it wasn't the best property for our business for several reasons, for example we made the office area fit our needs, rather than what we now have. The new building is ideal because it's open-plan and gives us a footprint with more user space for our management and admin team as well as hot desking and plenty of car parking for our managers who are regularly in and out of the office. Itís a nicer working environment, gives more space to the various management departments, provides the company with a better corporate image and is in the perfect location."

As PEME found, engaging with a commercial property expert early on can save a significant amount of time wasted in the initial property search. Ian Morris agreed, "I found Jonathan to be very straight talking and he delivered everything he said he would."

Ian Morris PEME  Minerva BP

Ian Morris (Director of PEME) outside their new 5,250 sq ft office acquired by Talkspace

Dec 2015