CPP wins major new Sheffield property management contract

Sheffield-based property consultancy Commercial Property Partners (CPP) has secured a major new property management contract.

The firm has been instructed to provide a full property and facilities management service at Albion Works in Savile Street, Sheffield, on behalf of landlords IC Innovations, which is also occupy the building.

The historic, three-storey fully let office building was built in 1903 and was originally the home of metal dealers Thomas Ward Ltd.

IC Innovations bought Albion Works and relocated there at the end of 2015, employing the services of CPP to set and manage a service charge budget for the site.

Matthew Fitzgerald, partner and head of property and asset management at CPP, commented: “IC Innovations initially instructed us to advise them on a specific query they had in relation to their responsibilities as a landlord of a multi-tenanted office building.

“It became apparent, very early on, that the landlord wanted the building managing both professionally and to a high standard and they would therefore benefit from out-sourcing the Property and Facilities Management function to CPP.”

He added: “It has been refreshing to be involved from the start, working with an open-minded landlord and setting a service charge budget that meets the needs of the property whilst also being value for the money for the tenants.”

Lindsey Owen, financial controller at IC Innovations, said: “We were delighted to have appointed CPP to manage Albion Works on our behalf. We felt that their pro-active management team offered us the best combination of knowledge and experience to assure us that our Head Office site was in safe hands.”

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