Hodgson Elkington, Lincoln, UK - commercial property
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  Hodgson Elkington & Co, 1867

31 July 2003
Sleaford pride - areview

It is some 7 years since the Urbed Report was published which identified the physical and social problems that Sleaford as a town was experiencing. The report identified the need for a coordinated drive to bring about regeneration in both the town centre and the employment base of the town.

North Kesteven District Council acknowledged the challenges laid down in the report and created Sleaford Pride which was the coordinating body for the various partners that were ultimately to be involved to help bring about the dramatic turnaround in the towns fortunes over the past 7 years.

Hodgson Elkington & Co the Lincoln and Newark based chartered surveyors who specialise in commercial property consultancy and management acted for a number of clients within the town who were able to bring forward their sites to assist in the regeneration process.

Now with Sleaford Pride coming to an end Hodgson Elkington and Co say they can look back with immense satisfaction at the opportunities that they have been able to assist in bringing forward.

Partner Sam Elkington said “a number of key locations were identified where the funds that were available from Central Government and European Agencies could have been channelled. The most significant funding came through the partnership with Farming Investment Company and North Kesteven District Council and others to open up Sleaford Enterprise Park, the principal employment area of the town. A new roundabout was constructed and a new access road into the site which has helped to create a number of new businesses and established national businesses locating onto the park. This priming of the industrial land has not finished.2

“A further ten acres of land have been sold to a variety of users and new buildings will start to come out of the former Rugby Club ground during the course of this year.,” said Mr Elkington. Hodgson Elkington and Co remain sole agents for the majority of this land and a further 40 acres will be hopefully becoming forward for development within the next two years.

In the town centre there have been significant developments within Navigation Yard which Hodgson Elkington have been instrumental in bringing forward. The principal activity of Sleaford Pride has been centered around this area and in conjunction with the owners A Hatcher & Sons Ltd and North Kesteven District Council, a diverse array of facilities have been created. The first was the creation of the office / workshop units known as the Old Stable Block at the entrance into Navigation Yard. This followed with the creation of Sleaford College, a purpose built college for local people which is now running at very high levels of occupancy.

Following on has been the main Hub building which has involved the extension and refurbishment of the old four storey Grain Warehouse. This building which has been funded by SRB money will be the district council’s principal attraction within the Navigation Yard area and will include a number of activities from outlying villages being centered on the town. For example The Pea Room, Heckington. Close to the Hub building is the second phase of the managed workshops which are being constructed and are due for completion later this summer. All six units have been pre-let. “This shows the demand and interest that the regeneration of the area has created,” said Mr Elkington.

Following the improvement to the new one way system within the town, Hodgson Elkington & Co were able to acquire on behalf of Nottingham Community Housing Association the former goods yard building on the site adjacent to Sleaford railway station. This is now being developed for social housing. “This is another example of the public and private sector working together,” added Mr Elkington.

The involvement of Hodgson Elkington & Co in these schemes has led to general consultancy advice being given to North Kesteven District Council as well as formal management roles of the industrial stock of the district council.

“'in order to offer complete consultancy advice to the district council on property valuation, management and agency matters it has been necessary to work closely with the officers over a long period of time. It is this continuity of commitment that has been one of the key features that Hodgson Elkington & Co have been able to offer,” said Mr Elkington.

“The regeneration that has taken place to date hascreated immense advantages for the town with some 94% of retail space now occupied in the town with a total of in excess of £15 million invested in the Sleaford over the last seven years. It is important that the town does not look to rest on its laurels and Hodgson Elkington & Co are now looking at other opportunities which in conjunction with district and county council support initiatives will hopefully ensure that the town continues to prosper,” said Mr Hodgson

Further information:

Paul Croft
Croft Communications Ltd
Willingham House, Willingham-by-Stow, Gainsborough, Lincolnshire, DN21 5JX
Tel: 01427 788319
Fax: 01427 788214
Email: info@croft-communications.co.uk

Issued on behalf of Hodgson Elkington & Co. by Croft Communications Ltd.

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