MIND GAMES THE INTERVIEW Anthony Fleming, Robert Holland, of James Cowper Kreston RECRUIT YOUR NEXT APPRENTICE WITH WBTC. p5 Power of positive thinking p9 NewburyBusiness Today at the heart of your community For free advice and guidance to help you benefit, contact Alexa on 01635 35975 or [email protected] Sponsored by Date: 11.06.15 – Distributed with the Newbury Weekly News Safety first for all fleet cars Thatcham company calls for Government to buy vehicles with damage-limiting technology A THATCHAM company has called on the Government and businesses providing staff vehicles to make a ‘decisive shift’ to only buy cars with damagelimiting technology. Leading motor research company Thatcham Research issued the call following the publication of a report from Euro NCAP and ANCAP, the independent safety bodies for Europe and Australasia, which announced that low-speed autonomous braking technology leads to a 38-per-cent reduction in rear-end crashes. The publication concludes that the technology needs to be fitted to more vehicles to produce the maximum benefits. Autonomous Emergency Braking is a low-speed option consisting of an automatic brake function that operates at speeds up to 50km/h. The report also found there was no significant difference between urban and rural crash benefits. Thatcham Research was established by the motor insurance industry in 1969 with the aim of containing or reducing the cost of claims while maintaining safety standards. It was instrumental in bringing AEB into insurance band categories, where a standard fitted system can now lower a vehicle’s insurance group by five. The company employs around 180 staff in Colthrop Way and is calling Report by JOHN HERRING email [email protected] Twitter @johnh_nwn on the Government to perform more rigorous testing of driverless vehicles before their use becomes widespread. Thatcham Research’s chief technical officer and president of Euro NCAP, Andrew Miller, said: “Clearly, at this level of effectiveness, low-speed AEB is potentially a hugely important active safety technology and widespread fitment through the vehicle fleet should be encouraged in the interest of improved vehicle safety. “These findings strongly support Euro NCAP’s decision to make AEB technology a key discriminator in the safety rating of new vehicles – which is reflected in insurance group ratings. And from next year, Euro NCAP will include in its assessments AEB systems that recognise pedestrians. “We would like to see the new Government take a lead in the UK – just as Swedish and Australian Governments have done – and mandate only AEB-equipped cars across its own fleet and champion the take-up of AEB across the allimportant fleet market.” Thatcham Research also led a group of fleet operators in a discussion at FleetWorld on the theme Towards the World’s First Crash-Free Fleet. In association with A test car demonstrates the Autonomous Emergency Braking system FOR ALL THE LATEST ON THE WEST BERKSHIRE BUSINESS AWARDS, PLEASE TURN TO PAGES 10 AND 11 %XVLQHVV7HDP UXSHUWZULJKW#FOPODZFRXN DQGUHZHJDQ#FOPODZFRXN ,W·V%XVLQHVV,W·V3HUVRQDO +HUHIRU<RX 1HZEXU\6ZLQGRQ :DQWDJH ZZZFOPODZFRXN DVN#FOPODZFRXN 2 Newbury Business Today – Thursday, June 11 2015 Legal review by Charles Lucas & Marshall Commercial contracts – make sure they are enforceable BUSINESSES should regularly review all their commercial contracts with suppliers, customers or collaborators. As Rupert Wright, a corporate lawyer with Charles Lucas & Marshall explains, if incorrectly drafted, they can cause substantial liability to a business. Commercial legal experts can provide that contracts are clear and unambiguous and compliant with the law. They also need to be watertight to protect businesses from commercial risks. In the event of a dispute, commercial lawyers can advise on the strength of a particular case and if necessary, provide for mediation which can assist with the resolution of disputes. Mediation can save substantial expense and time, particularly relating to directors’ time, which can free them to concentrate on other more important corporate matters. In particular, the recent decision in Spreadex Limited v- Colin Cochrane showed that it was important that any term which seeks to make a consumer liable should be objectively fair and drafted in a manner which seeks to balance the protection of both business and consumer rather than the blanket imposition of liability without limitation or exception. In addition, onerous terms need to be expressly drawn to the consumer’s attention. Since October 2012, there has been a ban on age discrimination in the provision of goods, services and facilities. An example of this is a recent criticism of banks by the FCA where they were criticised for their age discrimination policy. Financial services providers will only be able to use age to assess risk when providing financial services, provided that the risk assessment is based on relevant and reliable information. It is common for the parties to try to exclude or limit their liability completely for breach of a contract’s terms or to limit their liability to a particular sum. There are statutory and common law restraints on the ability of parties to limit or Is the exclusion incorporated into the Agreement? Does the exclusion cover the breach in question? Is there any statutory restraint on the ability to exclude the term, particularly under the Unfair Contract Terms Act 1977? This Act applies different controls according to the nature of the liability which the parties wish to exclude or restrict. Death or personal injury caused by negligence cannot be excluded and a term excluding or restricting liability for negligence is enforceable only to the extent that it satisfies the reasonableness test. Rupert Wright of Charles Lucas & Marshall solicitors restrict their liability. The rules on exclusions and limitations are the same, except that a limitation is likely to be viewed more favourably by the Courts than outright exclusion of liability. For an exclusion clause to be effective, three key questions must be addressed: To find the Apprentices who really stand out, pledge your vacancy with us... tial that everything is fit for purpose. “We used to travel many miles for pointe shoes and the idea came to us that a shop in Newbury would be a great success.” Tina said: “We didn’t know anything about retail in the beginning, but we learned on the job and are now very knowledgeable about our products. “In particular, we have found that it is very important to have all dance shoes expertly fitted as sizing is inconsistent from different suppliers.” After setting up their shop at Greenacre Leisure in October 2011, Ruby Slippers Dancewear has grown steadily. The shop is supported by more than 50 dance schools and establishments from Newbury and surrounding towns. Both Tina and Juliet are approved Grishko pointe shoe fitters. Moving House to Theale HOUSE of Fisher has moved its corporate headquarters to Theale. The company, which provides executive serviced apartments in the Thames Valley, has moved from Reading as part of its invest- ment to grow its portfolio of purpose-built, fully owned apart-hotels and serviced apartments and align itself even closer to its key clients. The new offices are located at11-13 High Street, Theale, RG7 5AH. Make a with your If you want the pick of the brightest and best A Level, AS Level and GCSE leavers, pledge your upcoming vacancy with us for our Top Apprentice Recruitment Day on June 17th. Even if it isn't due to be filled until later in the year, your pledge will make sure that you are matched with our best candidates. In June we then hold our Apprenticeship Recruitment Event where candidates are assessed and employers get the chance to interview the top candidates. Simply visit www.wbtc-uk.com/pledge-2015 give us a call on 01635 35975 or send an email to [email protected] or [email protected] For further information contact Rupert Wright on (01635) 521212 or [email protected] RUBY Slippers Dancewear has relocated to a bigger facility within BstFitness, Newbury, the old cinema site in Park Way. The new shop will allow the three-year-old business to grow further and fulfil the demand of local dancers, schools and dance teachers. Ruby Slippers Dancewear offers a range of uniform and shoes for ballet and tap, together with gymnastics, hip hop, street, Zumba, modern line dancing, ballroom and Latin, Ceroc and many more styles of dance and fitness. The business was the idea of Juliet Dewhirst and Tina Townsend, both of whom had supported their daughters through their local ballet, tap and jazz training. “It was always a struggle to buy the right kit online,” said Juliet. “We made lots of expensive mistakes, paying for postage and returns and it is essen- big bang The strongest Apprenticeship applicants look for their placements during May and June and are usually snapped up by employers in July. Apprentices are motivated and keen to learn and get placed quickly so to make sure the best Apprentices that Berkshire has to offer join your company, make your pledge today. It is important all businesses regularly review their major commercial contracts with experienced commercial lawyers to ensure their commercial contracts are fully enforceable and compliant. Incorrect Terms and Conditions, for instance, can potentially cause substantial liability to the business if they are incorrectly drafted and unenforceable. Dance shop moves to Park Way base promotion POSTERS | DISPLAY STANDS | ROLL-UP BANNERS AND MUCH MORE West Berkshire Training Consortium Consortium House, 7 Cheap Street Newbury, Berkshire. RG14 5DD Tel: 01635 35975 www.wbtc-uk.com/pledge-2015 WBTC paving the way for equality of opportunity in training, education and employment for all. Call 01635 521654 Follow @appleprintnews Visit appleprint.co.uk Like appleprintandcreative Email [email protected] The Orchard, Abex Road RG14 5EY Newbury Business Today – Ask the experts Thursday, June 11 2015 3 Frequently asked questions answered by GRIFFINS THIS MONTH’S QUESTION: I’m approaching retirement and I don’t know what options are open to me or whether I should take cash out of my pension. I’m also worried about where to go for advice as I’ve heard the new rules could be the “next big” financial mis-selling scandal. From left, Nick Scott, Big Group CEO, Jo Thomson, client services director, and Colin Dobson managing director of m4 m4 moving into the fast lane NEWBURY-BASED marketing agency m4, which specialises in creative design, digital and 3D retail display for global organisations, has been bought by Big Group. The agreement adds consumer electronics and electricals expertise to Big Group’s client portfolio. Combined clients will now include MasterCard, Samsung, BT, Universal Publishing Production Music, Hyundai, Hitachi, Motorola, Equinix, Duchamp, Arup, ABTA and Ralph Lauren. Big Group CEO, Nick Scott, said: “m4 is an innovative agency, particularly in the use of 3D technologies in retail environments which adds to our B2C and B2B service offering. We recognise that clients enjoy working with a local agency and having an office outside of London helps us to better serve many of our joint clients.” Colin Dobson, MD, together with client services director Jo Thomson, will continue to run the company and the business will remain at its Newbury base with no change to the name. He said: “Based in Newbury and being part of the Big Group family was an important factor in positioning m4 for the future. “Big Group and m4 share the same ethos when it comes to client service and company culture and we believe this will give us a clear advantage in today’s marketplace.” The deal was signed between Big Group and the owners of m4 Design on May 12. ONE pension provider reported a 550 per cent uplift in people exploring retirement choices online following the launch of the new rules, so you’re not alone in facing this dilemma. The ability to take tax-free cash from your pension to fund a luxury holiday or your dream car has grabbed the headlines. However, some providers won’t allow you to take cash out of your plan, and if yours does, usually only 25 per cent will be tax-free. Before making any decisions about your pension, remember why you’re saving for your retirement. Taking cash out now may reduce your future income – you’ll also miss out on investment growth. Whether it’s a good idea really depends on what you’ll do with the cash, how much tax you’ll pay and how much money you need in future years. Annuities, which provide an income for life, are still a good option for many as they’re becoming more flexible and you can combine them with esa unveils new HQ A LEADING provider of serviced apartments for the corporate market has moved its UK headquarters to a larger office space in Newbury. The move to Elizabeth House on London Road marks a new phase in the growth of esa Serviced Apartments. In the last three years, esa has more than doubled in size as organisations attempt to reduce the cost of business travel and source accommodation that encourages the wellbeing and productivity of employees. Following a period of pre-election uncertainty, renewed market stability and business confidence has provided a boost to the serviced accommodation industry. Businesses are now investing in major projects, which were previously on hold, prompting a surge in the demand for esa’s corporate housing and serviced apartments for project workers. At more than 7,000 square feet and arranged over four floors, the new purposebuilt office building is twice the size of esa’s previous headquarters. Providing stylish meeting rooms and modern desk space for more than 100 people in its current configuration, it is hoped that Elizabeth House will accommodate esa’s ongoing growth over the next 10 years. Additional satellite offices are also being considered, which would streamline operational efficiency as the company broadens its geographic coverage. Charlie Turner, chief executive of esa Serviced Apartments, said: “Since esa was founded 11 years ago, our principle aim has been to provide the highest quality accommodation and service for our clients, at outstanding value. “As our network now extends across the UK, it has been important to choose an office location which offers excellent transport links, a thriving business community and access to a skilled and educated workforce. Newbury offers all of this and more. “Committing to stay in the town long term will allow us to expand our experienced and passionate team, in order to continue to deliver the exceptional standards our clients expect.” Alex Breadmore income drawdown. If you choose to do part-time work it will also affect your tax situation. There are more retirement options to consider than ever before. Many retirees are worried about where to go for dependable advice. First, beware of anyone that you haven’t heard of who gets in touch with you. If an offer seems too good to be true, it usually is. The government offers Pension Wise – www.pensionwise.gov.uk – a free and impartial service that will provide you with more information about your defined contribution pension options. Another no-cost option is to contact Citizens Advice. However these services are for guidance only. They won’t recommend any products or tell you what to do with your money – that decision is still down to you. You should talk to your own pension provider to see what they can offer. Their guidance, however, will be limited to their own products. You could potentially do much better by switching. Seeking independent advice is another option. You’ll have to pay for the advice, either directly or from your fund, but the adviser should help you consider all of your needs, including the best way to use your tax allowances. Ensure that the IFA you use is a Chartered Financial Planner. For information on retirement planning, contact Alex Breadmore at Griffins on 01635 551333 or email: [email protected]. 57 Ways to Grow Your Business Bright Ideas for Serious Entrepreneurs For further information or a no-obligation chat please contact Ken Weeks on 01635 265265 or email [email protected] 4 Newbury Business Today – Thursday, June 11 2015 Networking site that could be the missing link to business success Update contributed by Generate UK share. There is strong etiquette on engagement on LinkedIn ,although posting regular goodquality content adds value. It is frowned upon to send your connections frequent nonpermission based sales emails. Business benefits of LinkedIn LinkedIn allows you to create company pages. You can optimise your company page in order to increase your reach across LinkedIn. This month EMMA LEWIS, marketing manager at Generate UK, brings top tips for getting the most out of LinkedIn STILL not using LinkedIn yet? In this digital age online networking can increase your contact database to include a much wider audience than traditional networking has been able to previously. LinkedIn is the world’s largest professional network, with more than 300 million members worldwide in over 200 countries. If you are not currently a member, you could be missing out on hundreds of potential business connections. If you are already a member and would like to know how to get the best out of this valuable platform, then read on. Success on LinkedIn will come from understanding why and how it works – this is important so you can maximise its potential to get the best results. Unlike Facebook and Twitter, LinkedIn is a professional channel, not social media. LinkedIn is intended for professionals wanting to connect with each other, make recommendations, referrals and introductions. Although this is nothing new in business, the fact that LinkedIn has such a vast number of members means you can use it strategically to assist you in making smart, qualified connections. If you are serious about expanding your professional network and want to engage with the professional community, LinkedIn is the place to be. Get the most out of LinkedIn with the following tips: Enhance your profile Develop your profile to represent your own personal brand on LinkedIn. LinkedIn is a professional platform, which should be taken into consideration when publishing content on to your profile. First impressions count, making your profile photo one of the most important elements of your presence on LinkedIn is the perfect way to network online LinkedIn. Your profile picture should communicate that you are friendly, approachable and professional. It is recommended that your profile picture should be a professional headshot, with 60 per cent of your face in the frame and the background not distracting in order to keep your face as the focal point. In order to be found more easily, you can also create your own personal LinkedIn url. Your LinkedIn profile should also showcase your expertise and skills with endorsements from your contacts. The summary should highlight your skills and achievements within your field. Build your network As well as adding your own database of contacts to your LinkedIn network, you can also request introductions, expanding your network. LinkedIn is an ideal engagement tool that allows you to research and reach out to prospects. List the connections you wish to make contact with based on the value you can mutually Emma Lewis your products and services page, but also on your careers page. Recruitment Find your next star employee with the option to advertise jobs on LinkedIn. You can target the advert to Targeted Pages LinkedIn gives you the ability to meet your requirements, giving you the opportunity to create targeted company pages appear in front of the right to showcase your products and people. services with variations for different audiences you can Adverts target based on industry, Your profile is looking good location, company size, and your company pages are seniority and position. set up and optimised to Rotating, Hyperlinked promote your company, so Banners you can now increase your LinkedIn gives you the option of reach on LinkedIn with displaying up to three banner targeted paid advertising. images to each of your company Hopefully this article has profile pages. helped you to see the benefits This gives you the opportunity of LinkedIn to increase your to provide high-quality targeted professional network. content to your audiences. If you would like more The banners can include advice on setting up and hyperlinks with targeted call to monitoring your LinkedIn actions to support your message. page, we would of course be Videos delighted to provide further Adding a video to your company assistance. page is a great way to encourage Please contact us on 01635 engagement with your audience. 887711, or email us at The videos can be displayed on [email protected] Three in a row for Anesco as managers clinch business award “Newbury BID has vastly enhanced Newbury town centre over the last year; the quality of HYHQWVRȾHUHGDQGJHQHUDODWPRVSKHUHLQWKH WRZQKDYHJUHDWO\LPSURYHGWKHYROXPHDQG quality of visitors to the town centre.” John O’Brien Managing Director, Dovetail Human Resource Services Newbury BID, Broadway House, 4-8 The Broadway, Newbury, RG14 1BA 01635 760309 / 760505 newburybid.com [email protected] AN Aldermaston-based firm has won a prestigious management award for the third year running. The senior team at national energy efficiency solutions company, Anesco, has been named mid-market private equity-backed management team of the year for the South East region, as part of the BVCA Management Team Awards 2015. The BVCA awards recognise management teams that have made an outstanding contribution to the growth of their company, demonstrating strategic vision and aiding the overall development of the business. It is the third year in a row that Anesco has received the accolade, with the team going on to be named national winner in the previous two years. Anesco works with businesses, local authorities, housing associations and homeowners to reduce their carbon emissions. The company employs more than 150 permanent members of staff and up to 600 contractors and 103 supply chain partners and logistics staff at any one time. The firm was named the UK’s fastest-growing private company by Sunday Times Fast Track in 2013 and again in 2014. Over its last three years, the company recorded growth of 375 per cent and has gone on to increase sales by a further 50 per cent in the last financial year, achieving turnover of £160.2 million and an EBITDA of £21 million. Chief executive of Anesco, Adrian Pike (pictured above), said: “To achieve this award three years in a row is just amazing. We’re really proud of the team we have pulled together at Anesco and of the efforts of all of our staff. The whole team has played a part in the company’s ongoing success and as we continue to grow and expand we remain committed to employing the best people and investing in their development.” Partner at CBPE Capital, Ian Moore, said: “Receiving this award is fantastic news and really well deserved. Anesco continues to achieve phenomenal success and to move the industry forward thanks to the team’s innovative thinking, determination and vision.” The British Private Equity & Venture Capital Association (BVCA) is the industry body and public policy advocate for the private equity and venture capital industry in the UK. The BVCA Awards, produced in partnership with Clearwater Corporate Finance, are a yearlong process of nominations and judging established to celebrate the achievements of private equity and venture capital-backed companies. For more details visit www.bvca.co.uk. The national winners will be announced at an awards dinner being held in London on June 25. Newbury Business Today – Thursday, June 11 2015 Top accountant is in it for the long run Robert combines managing leading firm with taking part in marathons ROBERT Holland’s journey to become managing partner at one of the country’s largest firms of accountants and business advisors started in a London fire station, 55 years ago. The keen rower and runner, who took the top job at Newbury-based James Cowper Kreston in May last year, says: “Between the ages of three and 17 I lived in fire stations and was mainly brought up in Croydon. “I passed my 11+ and was lucky that Croydon paid for a certain number of boys to go to private school each year, so I went to Dulwich College.” After leaving the school, where UKIP leader Nigel Farage was also a pupil, Robert went to University College London (UCL) to read Economics. Although he admits to not remembering Nigel Farage at all, the student Robert did meet others who also entered the political stage, including the new secretary for Culture, Media and Sport, John Whittingdale. After leaving university Robert joined PriceWaterhouse and spent six years in the City, before he decided to see what life in industry was like. He moved to Wellcome Plc, where he was responsible for all of the US filing, as well as being the accountant for the pension scheme. “But industry just wasn’t for me,” he says. “Up to this day, I still like working with a complete range of businesses and people. “I left there and jumped straight back into practice, going to work for the technical department of a company called Grant Thornton. “I ended up in Cardiff and my family spent the next nine years there. “I was living in Cardiff in the 1990s, which was a great time to be there, but I always knew I would be coming back to the south of England.” The move that would bring Robert and his family back to England was the one to Newbury – 15 years ago – when he joined James Cowper Kreston. In May 2014 he was elected managing partner, while also remaining as audit and assurance partner. His leading role sees him assume responsibility for the strategic direction and development of the company, while he also continues to advise a range of clients. He has also maintained his technical background by sitting on the board of the Institute of Chartered Accountants of England and Wales, where he is able to THE INTERVIEW: Litho and Digital Printing ROBERT HOLLAND, of James Cowper Kreston, talks to Newbury Business Today’s SARAH BOSLEY ‘look out for the interests of firms like ours and the firms that are our clients’. Comparing the work he does today to his time in other parts of the country, Robert describes West Berkshire as having a ‘much richer palette of businesses’. “Proportionally there are far more owner-managed businesses in Newbury compared to other parts of the country,” he adds. “Taken as a whole, central southern England also did quite well in the recession compared to some parts of the country.” Robert says the thing that drives him on is making a difference to the companies he works with. “When you work for a large firm you are just the insurance policy,” he adds. “They have all the internal capability to answer the questions themselves. “But there is a real difference you can make to people here. “Our core business is owner/manager-run firms in our own area and we aim to do everything those companies could require of an accountant. “We have experts in each individual corporate tax and firms can outsource some or all of their accounts to us.” James Cowper Kreston, which has 78 people working from Newbury and 180 employees across all of its five offices, is the 28th largest auditor in the country. Last year saw the firm nominated for 10 industry awards. “We can deal with more complexity than people may think for a firm of our size and scale,” Robert adds. “We have become more “ We are quite cutting edge in how we adopt software, but it is an ever-changing, and fast-changing, world and we have to adapt into that Direct Mail I Fulfilment Business Stationery I Creative Design Studio Personal / Social Stationery In-house Finishing I Commercial Print High Volume Copying Delivery INCLUDED! Contact us NOW! Unique high quality products at fair prices... Robert Holland is determined to keep James Cowper Kreston at the forefront of the accountancy business modern in terms of how we use technology and how we approach things, in the time that I have been with the company. “We are quite cutting edge in how we adopt software, but it is an ever-changing, and fastchanging, world and we have to adapt into that and work with it. “We face regulatory challenges now with changes to audit and tax. “We have a very complex tax system that people have to navigate their way through and it will only get more so. “As a firm we have never actively promoted or dealt with any tax avoidance schemes and I think the world is shifting back towards us.” So what does the future hold for a company that was founded in Newbury more than 90 years ago? “We are committed to Newbury; we are not going anywhere,” says Robert. “While we do intend to grow, our growth is more important in terms of what we can do. “We take opportunities quickly as they become available to us, but at the moment we are concentrating on building on what we have and where we have it.” In his spare time Robert, who lives in Compton with his wife Joanna and daughters Florence and Victoria, is a keen runner and has taken part in the London Marathon, as well as half marathons across Europe, including in Vienna and Munich. He also plays the drums and enjoys rowing, and took part in the spectacular Queen’s Diamond Jubilee River Pageant in 2012. 01635 35889 [email protected] www.keepsprinting.com are delighted to sponsor Newbury Business Today. Please contact us to discuss your legal requirements. Property Wills, Trusts and Probate Landlord and Tenant Litigation Company Employment The Old School House, 42 High Street, Hungerford, Berkshire RG17 0NF T 01488 683555 E [email protected] 5 6 Newbury Business Today – Thursday, June 11 2015 MESSAGE FROM NEWBURY BID: MARKETING AND MANAGING THE TOWN Legal Question Time New Government, new tax and inheritance rules IT WAS Sir Winston Churchill who said that a nation trying to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle. Whether or not you agree with Sir Winston, or the pledges made in the Conservative manifesto, the new Government has promised to deliver on a number of changes in taxation. So what can we expect from the Conservative Government in the next five years? The Conservatives have pledged “to maintain the most competitive business tax regime in the G20” and will conduct a major review into business rates by the end of this year with a view to reform by 2017. They have promised to raise the personal allowance, which is the amount of income a person can earn each year before income tax is payable, from £10,600 to £12,500 by 2020. Plus, a pledge has been made to increase the threshold for the 40 per cent higher income tax rate from £42,385 to £50,000, again by 2020. In a bid to support first time buyers who save up a deposit on their first home, a new Help to Buy ISA is also due to be introduced. The Government will provide a 25 per cent top up, so would contribute up to £3,000 on savings for a deposit of £12,000. To help savers further, a personal savings allowance will Jo Barton Partner and head of the inheritance protection team at Gardner Leader also come into force, probably next year, which will allow people to earn £1,000 of gross interest every year without paying any income tax. Changes to savings have extended to the ISA savings allowance which can now be transferred between spouses on the death of the first spouse. This means that an individual will be permitted to save an additional amount in an ISA up to the value of their spouse’s ISA savings at the date of death. This measure came in on April 6, 2015 in respect of deaths after December 3, 2014. With regard to Inheritance Tax, from April 2017, a new ‘transferable main residence allowance’ of £175,000 per person is to be introduced. Details are yet to be published but this would mean that the Inheritance Tax Threshold for a married couple owning a home could rise from £650,000 to £1m on the death of the survivor. However it will only apply when the ‘main home’ is left to ‘direct descendants’. The allowance will not apply if the property is valued at over £2.35 million and there is intended to be a taper provision for property valued between £2m and £2.35m. We do not yet know how the ‘main home’ is to be defined or whether the additional allowance will apply if the home is left to beneficiaries other than children or grandchildren. Nor do we yet know if the allowance will be lost if the home has been sold before the person has died, for example to pay for care fees. This change to Inheritance Tax is to be funded by reducing tax relief on pension contributions for additional rate taxpayers. The size of this annual allowance is to be reduced from £40,000 to £10,000 for people earning more than £150,000 a year. Also on IHT, the Chancellor announced in his last budget that the use of Deeds of Variation to avoid tax are to be reviewed. Deeds of Variation enable beneficiaries under a will or on intestacy to agree to vary the distribution of the estate within a period of two years from the date of death. For further advice, please contact Gardner Leader on (01635) 508080 or www.gardner-leader.co.uk 01635 508080 www.gardner-leader.co.uk Victoria Park has helped attract people to Newbury BID is making a difference NEWBURY BID (Business Improvement District) has been operating since 2012, voted in by local businesses to enable collective investment to enhance the trading environment in the town centre. Their tasks have included a year-round structured and professional marketing campaign, promoting all that is good about Newbury to reach the widest possible audiences locally, regionally and nationally. The campaign reaches all sorts of people through all sorts of mediums – digital, social, print, radio and events. By developing links between organisations, Newbury BID has been able to plan activities and events that have not only given a lot of pleasure to local inhabitants and visitors to the town, but has greatly benefitted BID members and various business-related partners. By encouraging dialogue between BID members, the visiting public and other interested partners, the BID has been able to enhance and promote the town centre in ways that have been most popularly suggested and requested. Full-on promotional activity has seen Newbury bucking the trend both regionally and nationally, with footfall in the town continuing to grow for the last three years, and an average of 195,000 visitors per week. As a result of this, Newbury has seen continued investment in the town centre with new businesses moving in. Naturally we have lost some businesses too, but the occupation rate of facilities within the town is 92.5 per cent. With a vacancy rate, therefore, of just 7.5 per cent, this compares very favourably with the regional picture where the average vacancy rate is 11 per cent. One of Newbury BIDs other tasks is managing public spaces in the town centre, which has generated additional income in excess of £180,000. This money has been spent on projects that BID members have requested, and ensured that all the BID’s running costs are paid through this additional revenue. Part of the focus has included recruiting a Street Ranger. A friendly face on the street, the uniformed Street Ranger is an ambassador for the town centre, helping visitors with enquiries and being the person that businesses can turn to with BID-related issues, or who will liaise with the police or council on their behalf as appropriate. Importantly, the Ranger’s presence has helped considerably in reducing instances of anti-social behaviour. Every penny of the BID levy that the BID businesses contribute is used on projects that are making a real and tangible difference to the town centre. Businesses should be in no doubt that all of this activity – and indeed much more – will stop without Newbury BID at the helm, meaning there will be no marketing of the town and no management of the public spaces to generate the additional income which is proving so valuable. I Newbury BID: Making a difference Seven up in law firm promotions Welcome to Gardner Leader Welcome to Understanding Welcome to Value Welcome to Practical Solutions Starting with really understanding what you want to achieve, we offer a full legal service to businesses and individuals. Always happy to talk things through before you commit, so you know what the legal costs are likely to be. Providing services in a way that suits you, we employ enthusiastic people you will enjoy working with. At the heart of our community, we have been offering a full range of legal services for businesses and individuals for nearly 120 years: guaranteeing you peace of mind and delivering effective solutions for your business. LOCAL law firm, Gardner Leader, has announced a string of promotions across its Newbury, Thatcham and Maidenhead offices. In the last three years, the solicitors firm has increased its turnover by 50 per cent and acquired two other law firms, Charles Hoile in Newbury and Heath Buckeridge in Maidenhead. The firm has confirmed the promotion of seven solicitors across its Newbury, Thatcham and Maidenhead offices, including four associates promoted in the Newbury office, with immediate effect. These include Tara McInnes and Caroline Benham in the dispute resolution team, along with Julie Taylor in employment and Emma Ladd in corporate and commercial, who all have increased management responsibilities, Promoted: Chris Dale, Michelle Challis, Emma Ladd and Caroline Benham as they move from the position of associate, to senior associate. Chris Dale in the Newbury property team has also been promoted from solicitor, to associate, from June 1, as has Michelle Challis in the conveyancing department in Thatcham. Fiona Tighe, a member of the firm’s residential property team since 2006, will become a partner from July 1. She will work closely with the rest of the senior team to drive the firm's strategic vision and business growth as well as continue to head up the residential property team in Maidenhead. Newbury Business Today – Apprenticeship News with Government pledges to create three million extra apprenticeships APPRENTICESHIPS have, for several years, played a huge part of Government plans. Gone are the days when political parties used to think that the only way to succeed was to study at university and ‘go down the conventional route’. Apprenticeships play a fundamental role in education reforms now. The good news is that every main party is a supporter of apprenticeships, so apprenticeships will always have a bright future ahead. David Cameron has promised to create an extra three million apprenticeships and change the welfare system so that young people can realise their potential. In four years, Conservatives doubled the number of apprenticeships to 1.8m. In this parliament, they plan on going even further by creating three million more and ending youth West Berkshire Training Consortium – update by JAZ KAUR GHALLEY unemployment so that all young people get a good start in life and have the chance to secure a better future. These plans indicate that delivering the best skills for young people is a key part of the long-term economic plan. A combination of the following will play a huge part in incentivising employers and young people to get engaged in apprenticeships; I Apprenticeship minimum wage increase I Abolition of employer National Insurance Contributions for apprentices aged under 25 I Apprenticeship grant for employers West Berkshire Training Consortium has demonstrated three consecutive years of improving success rates. We are committed to continue this achievement. We have big plans for the next few years, so we’re looking forward to a positive future for apprenticeships. Apprenticeships give people the hope and opportunity to fulfil their potential and get on in life. I For free advice and guidance on how you could take on your next apprentice, contact me, Jaz on (01635) 35975 or [email protected] ‘Inspirational’ Carol up for top award A THATCHAM woman who launched a local branch of a leading children’s creative activity franchise has been nominated for a top award. Carol Jackson is in the running for the prestigious What’s On 4 2015 Junior Awards having set up the Creation Station West Berkshire in September 2013. The franchise is committed to inspiring children’s imagination through awardwinning arts and craft exploration and discovery. The educational experiences are based on the Early Years Foundation Stage and provide positive shared experiences for children and their parents/carers to enjoy together. Mrs Jackson, a mother of two, recently won a Top Inspirers award at The Creation Station National Conference and was named as one of the Top Inspirers 2015, having worked with more than 1,000 children in the last year at weekly sessions, arty parties and events. The Creation Station West Berkshire is now waiting to hear the outcome of their recent nomination in the Most Outstanding Activity Leader for the under-5s – South category. Winners are to be announced on Friday, June 19. Mrs Jackson said: “It has been incredibly hard work running the business alongside the needs of my own family with A great retirement and how to pay for it ! Thursday, June 11 2015 by Cathy King, of PBA Accountants Retirement doesn’t just mean lots of holidays, winning the ‘Best Kept Garden’ competition and getting under your partner's feet, it also means being canny with your money. But careful planning for your retirement in advance can mean that money does not become a concern. Many retirees are finding it hard to juggle the desire for long-term saving and the need for income to cover the costs of day-to day living, and traditional ideas of passing on an inheritance could be 'dying out', a report by HSBC has suggested. With the Government’s new April 2015 pension reforms, whereby it is now easier to access your pension pot, taking out as much as you like (subject to tax) the issues are even more blurred. The survey finds that just one third of people have received an inheritance despite 58% of working-age people planning to leave one. Instead, increasing numbers of retirees are choosing to provide their loved ones with a 'living inheritance' of regular financial assistance while they're still alive. Of the surveyed retirees: 50% are supporting family and friends financially 19% regularly provide for their adult children 9% are doing the same for their grandchildren. The study reveals changing attitudes towards the tradition of inheritance, with just 5% of respondents believing it important to pass as much wealth as possible to the next generation. But benefactors are beginning to feel the effects of providing 'living inheritance' to their families: 53% have not been able to achieve what they wanted to 22% worry about not being able to support their families 18% think they may end up relying on their families for financial support. Caroline Connellan, head of wealth at HSBC UK, said: "This report shows that withdrawals from the Bank of Mum and Dad may actually be affecting the standard of living of many retirees. New pension freedoms have made savings more accessible, but people should carefully consider the right balance between helping their family and making sure they have sufficient income through retirement." We can help you: Plan so that everything is in the right place at the right time Create the most efficient way of taking a back seat or selling your business Make sure you’re making the most tax efficient choices, for example about your pension Make sure you’ve got the right balance between investments and income Make sure you’ve got the right life insurance cover and long term care and medical plans too And, perhaps uncomfortably, what about what’s left of your estate, once you do pass away ? Inheritance tax may still be an issue, as many people underestimate the likely value of their estate - and it is all too easy to exceed the inheritance tax thresholds, especially when the value of a property is involved. There are a number of ways your Inheritance Tax liability can be minimised, including: Gifts to relatives and friends Equity release schemes Setting up a Trust Insuring against inheritance tax Making sure you fully use exemptions and lower tax rates Making the most of lifetime transfers between spouses Transferring agricultural or business property If you would like help with planning your retirement, stepping back from your family business, or are worried about whether you are planning things in a tax-efficient way, please give us a call We’re accountants – and good ones at that – and we’re business experts and advisors too. Together we’ll look after your accounts… and the rest of your business. Carol Jackson is an inspiration to hundreds of Thatcham children two young children, so it feels amazing to receive recognition in the form of these awards and nomination. “I love seeing the children at my sessions each week, watching their confidence increase and their skills develop as the weeks go by. “Their excitement and enthusiasm is truly heartwarming to be a part of. “Thank you to all the families I’ve met over the last 20 months at sessions, parties and events – I’m looking forward to inspiring many more imaginations in the future.” The Creation Station West Berkshire is available for parties and events throughout West Berkshire and weekly sessions run during term time on Mondays at Leap Frog Ceramics in Thatcham and on Fridays at Eddie Catz in Newbury. For more details, contact Carol Jackson by emailing caroljackson@thecreationstati on.co.uk or calling 0844 874 7361. We love making things grow. We'll be there from the start, setting you off on the right path. PBA Accountants 130 High Street Hungerford Berkshire RG17 0DL We're always in your corner. We'll help you do the right things at the right time We'll work with you as part of the team - and we never stop helping you reach your potential Telephone: 01488 682027 [email protected] www.pbaaccountants.co.uk 7 8 Newbury Business Today – Thursday, June 11 2015 SPONSOR’S MESSAGE Time to go large with the big bang theory FORGET black holes. The big bang we’re talking about here is the huge impression printed products make when they go large. Whether it’s exhibition stands, pull-up banners, traditional banners, promotional boards or posters, when you want to shout about what you do, large format printing is the way to go. It’s what catches the eye in-store, outside a venue, at tradeshows or exhibitions, at fêtes, fairs and even weddings. It’s what stands out in the crowd, too big to be ignored. Most of us know the answer to the age-old question ‘How do you eat an elephant?’ But how do you print an elephant? Now that’s a new one. When Apple Print & Creative in Newbury were challenged by a client to produce some promotional boards featuring an almost life-size elephant, they rubbed their hands with glee. There is nothing their creative and print teams like better than putting their heads together to come up with an innovative and workable solution. The effect of an elephant that stood up was astonishing and much admired. Jo Stace, studio manager at Apple Print & Creative, explains the theory behind the SAME DAY NEXT-DAY GLOBAL MEDICAL SOLUTIONS EXPRESS DIVISION INTERNATIONAL DIVISION MEDICAL DIVISION LOGISTICS DIVISION REAL PEOPLE G REAL CHOICE REAL SOLUTIONS “Our Community Matters” 0870 24 24 365 G G G Follow us on social media through our website at: www.swiftcouriers.com design for large format printing: “It’s a whole different approach to small-scale items. “You have to consider how the item is going to be displayed and what its purpose is: for example is it going to be advertising something or simply shouting out a message? “Considering distance is also vital. What main messages need to be seen from some way off ? Is the expectation that some messages will be read up close? The correct choice of font and point size is essential.” Imagery too is not something to be chosen lightly. Jo explains: “The traditional rules of file size and dimensions for images change with large format printing. “The human eye is a curious thing and what looks great at a distance may look like nothing at all close up. “It takes expertise and experience to make the whole thing work on all levels, and at Apple Print & Creative we never leave anything to chance. “The design team will always work with the print team to get samples printed out to make sure the solution we think will look great does actually look great, and gives the client something they will want to shout about – in a good way.” A recent project for Jo and the team was providing promotional boards for a water softener company. Nothing unusual there? When they are inside a van with an onthe-road display kitchen it becomes a little more so: ensuring each board is sized to line up and fit exactly into its allocated space, and that the size and position of the text works as potential customers enter the van, and when they get up close. The client absolutely loved the waterytheme design, too. As the world of large format printing evolves and new technologies come to market, the number of businesses seeing the advantages of using large format printed products to make a bold statement is increasing. Printing is a quick, easy and effective way to big-up your business with a whole new eye-catching campaign without breaking the bank. Why not contact Apple Print & Creative to see how they can stop your business falling into a black hole and give it a big bang of a boost instead? Visit them at www.appleprint.co.uk, fill in your details on their enquiry form for a call back, email them at [email protected], give James or John a call on 01635 521654, or pop in in and see them at The Orchard, Abex Road, Newbury, RG14 5EY. Newbury Business Today – Thursday, June 11 2015 9 “I enjoy helping people open their wings and fly” Business coach is a success after tough start to life ANTHONY Fleming made a conscious decision as a child that he would not let his past shape his future. The house in Newtown, which he recently renovated with his wife Shohreh, is a far cry from the Doncaster orphanages in which he spent his childhood and are testament to the successful businessman achieving his life’s ambition. At the age of just three his father put him and his brother and sister into their first orphanage. “When I was nine years old my mother managed to get her first council flat and the first thing she did was get me out of the orphanage,” he says. “We had nothing in the flat, no furniture. “At that very early age I decided that my past was not going to shape my future and I was going to have a much better and brighter future. And I decided I would help people do the same.” Anthony says he always did well at school, despite having ‘very little encouragement and support’, but had to leave early to bring money into the home. By his early 20s Anthony had become a member of the Baha’i faith. “My sister started talking about the Baha’i faith and I was worried that I needed to get her out of it, so I went to a meeting to try to find out what she was involved in,” he explains. THE INTERVIEW: Business coach ANTHONY FLEMING talks to Newbury Business Today’s SARAH BOSLEY “But after three months I realised I believed in it too and I have been a member since 1979.” It was his religious conviction and the desire to support and help the community that took him to the Faroe Islands for six months during the early 1980s. “I was working for the Coal Board at the time, in a managerial position, and everyone kept telling me I was crazy leaving what was then a good job,” he says. He then spent time in Sierra Leone, before settling in Israel for eight years, working at the Baha’i World Centre, in a number of roles, including admin and IT. “After Israel I came back to England and picked back up with my education,” he adds. “I learned TEFL (Teaching English as a Foreign Language) in London, but I have never actually put it to use. I then studied Business and IT.” He went on to become an NLP (neuro-linguistic programming) practitioner; studying with Paul McKenna and the technique’s creator Richard Bandler, before also becoming a trainer. Anthony started offering free coaching to friends and acquaintances. “Whatever the problem I tried to help people,” he adds. “I had no boundaries and was getting a lot of positive testimonials and results. I realised I was quite good at it. “But I also realised that free doesn’t work because people don’t value free. People listen more intently when they are paying because they want good value for money. “People were always prompting me to get involved in business, especially my wife, who is a successful businesswoman herself.” Anthony met his wife, Shohreh, in his early 20s, but she turned down his first marriage proposal all those years ago. When they met years later Anthony knew instantly that he was still in love with her. Luckily she felt the same way and they have now been happily married for 14 years. Shohreh runs the Thatcham-based Prestige Network – a specialist language business. “I enjoy helping people open their wings and fly, but it happened naturally that I got drawn into business coaching Anthony Fleming has set up his own business coaching company and mentoring and I realised I was good at it,” he adds. “I have worked with Prestige but it always seemed to be when they had a problem. “The last time I went back was three years ago, when I was a consultant for them. “That ended last May and in that time I increased profits by 700 per cent, which was a fantastic success.” Anthony is also very proud of the help he has been able to provide to local company Luke Johnson Flooring, of which he is now a partner. Seeing the results he was “Be open to opportunities and never say no until you know what is on offer!” getting prompted Anthony to set up his business coaching company – Anthonyfleming.com. “It all came about in the last six months,” he explains. “That is when I realised how effective I am at it, so it became my focus. “I blend life coaching with business coaching and it is getting the results that gives me the real buzz. “You cannot change someone until they are ready, though. I don’t train anyone if I can see they are not ready. “You cannot change a business if you don’t change the psychology of the people at the top.” His desire to want help others extends into his personal life too. Anthony, who is 59 years old, and Shohreh are in the process of setting up their own charity. The aim of Children’s Champion is to raise funds to distribute to help young people with anything they need, from buying a new wheelchair to funding their education. Anthony is also a trustee of the local organisation, Young People and Children 1st West Berkshire. Contact me today on 01635 528 594 or email me at [email protected] This is the back of my business card. The quotation is so important and yet the advice is something that we often ignore. Why? Usually out of fear: fear of the unknown, fear of failure, fear of making a mistake, fear of losing what you have already... How do you recognise fear? The easy answer is: catch yourself telling a story. It could be ‘‘It’s not the right time.... There is too much competition... I could lose my money... This is how I have always done it.’’ Why would I need a Business Executive Coach? Are you satisfied with what you have achieved so far? The answer to this question is simple: If not what are you going to do about it? Do you think that with help you could do much better? The business professionals on the right thought so. They asked for help and reaped the rewards… 1 - To help you to make more money. 2 - To help you to clarify your goals. 3 - To keep you focused on your goals. 4 - To be at your side when it gets tough. 5 - To empower you. 6 - To help you to grow and become more. What do you think...? ‘‘Since Anthony’s arrival... he has always been the one ‘to make a difference’. His presence and professional and management skills have been a major factor in the success of the company.’’ - Company Director ‘‘My time with Anthony has been fantastic and money well invested. He has helped me regain my confidence and I am now flying at work. As I write this, I am less than 2 months into our business year and already 150% of my annual target!’’ - Financial Advisor ‘‘Anthony can walk into any situation and make the environment positive by his sheer presence!’’ - CEO & Business Owner www.anthony-fleming.com 10 Newbury Business Today – Thursday, June 11 2015 2015 2015 WEST BERKSHIRE BUSINESS AWARDS IN ASSOCIATION WITH NEWBURY WEEKLY NEWS HEADLINE SPONSOR BAYER The West Berkshire Business Awards winners from 2014 WBBA 2015 Categories, sponsors and how you can enter DO YOU think your business is worthy of an award? The website for the West Berkshire Business Awards is open for applications and will close on June 26. Open to businesses of all sizes, the awards are free to enter and application forms can be obtained through the website www.westberkshirebusiness awards.co.uk The nine categories for this year are as follows: I PBA Accountants Small Business Award I The Newbury Racecourse Rural Award 2015 I The Mercedes Benz of Newbury Customer Care Award I Newbury BID Independent RetailerAward I Business Executive Advantage Business Innovation Award I West Berkshire Council Charity & Community Award I Apple Print & Creative New Business Start Up Award I Santander Independent Pub and Restaurant Award I Roc Technologies Employer of the Year Award I The Bayer West Berkshire Business of the Year 2015 Award 2015 WEST BERKSHIRE BUSINESS AWARDS IN ASSOCIATION WITH NEWBURY WEEKLY NEWS HEADLINE SPONSOR BAYER Newbury Business Today – Thursday, June 11 2015 11 Company urges businesses to enter awards after last year’s win helps double turnover Berkshire Business of the Year Award in 2014, Roc Technologies has doubled its turnover from £4m to £8m. It is this rapid growth and the desire for more comprehensive customer facilities that has led the company to move into larger, prestigious offices in The Wharf in Newbury. The man overlooking its success, Mr Franklin, spoke to Newbury Business Today about what winning the award has done for Roc. He said: “I think there are a number of things that have had a positive impact on the company since winning the Bayer West Berkshire Business of the Year Award. It has certainly created more awareness about who we are and what we do in the local area. “It has also helped us to attract new customers. Customers like to be associated with a growing successful business and when you are a small business like ourselves that is invaluable. “It has really raised our profile and it is great for the staff to get the recognition they deserve and to be able to share our success together. THERE are just two weeks to go until the deadline for applications for this year’s West Berkshire Business Awards. Now in its third year, the awards, in association with the Newbury Weekly News, is an initiative to recognise and celebrate the often unnoticed success of the local business community. Matt Franklin, the managing director of IT services provider Roc Technologies – which last year won the coveted West Berkshire Business of the Year Award – has urged people to apply. There are nine individual categories to enter this year, covering all aspects of business and charity. Each category is sponsored by a local business and there is also the Bayer West Berkshire Business of the Year Award – the winner of which is chosen from the winners of the individual categories. The event culminates in the 2015 West Berkshire Business Awards gala dinner and ceremony at Newbury Racecourse on Friday, October 16. Since winning the West NCS Managing director of Roc Technologies, Matt Franklin accepts the West Berkshire Business of the Year 2014 Award “We have also managed to double our turnover in the past 12 months and recently moved to larger flagship offices. “I would really recommend applying for the award – you never know if you’ll win New Commercial Services Complete Interior Solutions unless you enter.” Mr Franklin, a father-of-three, is no stranger to success. In 1996 he started his own business, Prime Business Solutions, which he grew from zero to £30m of revenues in the space of eight years. This success led to him being named young entrepreneur of the year in 2001 at the age of 30. A year later, Prime Business Solutions won an award for the fastest growing IT services company. The company was subsequently acquired by a large integrator for £28m in 2004. Speaking about Roc’s plans for the future, Mr Franklin added: “We are looking to be a £20m company by end of 2018 and carry on the positive momentum we have had over the last few years. “We also want to get a diversified customer base.” Mr Franklin added: “West Berkshire is a nice place to live and to run a business – you have everything here, good schools, nice countryside, low crime rates and great transport links. “It’s a good bub for business and a very attractive place to be. “You have a good shopping centre at Parkway and big businesses such as Bayer and Vodafone; it ticks all the boxes.” The entry deadline for this year’s awards is Friday, June 26. The finalists will be interviewed in July before being announced on Monday, August 3. To enter your business, visit http://www.westberkshirebus inessawards.co.uk/awardcategories/ • Design • Project Management • Space Planning • Office Partitioning • Suspended Ceilings • Interior Finishes • Furniture • Bespoke Solutions Currently offering an extensive range of services to schools & colleges, available for fitting over the summer break! T S 01635 567720 @ [email protected] W www.newcommercialservices.co.uk New Commercial (Services) Ltd., 31 Kingfisher Court, Newbury, Berkshire, RG14 5SJ Call us today to discuss your project and receieve a FREE consultation. 12 Newbury Business Today – Thursday, June 11 2015 Teaming up to offer a top legal service Hungerford solicitors enters partnership with Newbury Business Today DICKINS Hopgood Chidley Solicitors is delighted to be entering a new partnership with Newbury Business Today. We hope that, over the next year, we will be able to inform and engage with other business owners and new and existing clients through our articles. If there is anything you would like to hear about, just let us know. We have been established in Hungerford for almost 20 years now, and occupy a lovely building at the Old School House in Hungerford High Street. We provide practical legal advice to landowners, businesses, individuals moving house or requiring wills and inheritance advice, employers and employees from West Berkshire, Wiltshire, Hampshire and beyond. We can guide you through setting up a business, shareholders’ or partnership agreements, employment contracts and leases of premises. We can advise you on personal matters, such as wills or probate and conveyancing. Should you be caught up in a dispute we have a litigation department to help you deal with it. Our team is made up of six solicitors, two conveyancing executives and a trainee solicitor, as well as experienced and hardworking support staff. We all have our own specialities and work very closely together to ensure all aspects of your case are managed by the people with the right experience. You will always deal with us directly and personally. Among us are two notary publics (two of only three in the West Berkshire area), who prepare and authenticate documents for use overseas as well as company documents. If you have any legal concerns, please do get in touch. Call us on 01488 683555, or email us at [email protected]. One of our team will be happy to speak to you to see if we can help you or your business. THE ONLY BUSINESS TO BUSINESS PUBLICATION IN WEST BERKSHIRE A monthly publication within the Newbury Weekly News Circulation: 15,921 Readership: 49,197 Each month Newbury Business Today features the latest news for local businesses and the commercial community, along with specially written and topical business advice columns by experts in their field. For more information on how to book into our next issue call: (01635) 564515 newburytoday.co.uk “ “ 1st for local businesses in West Berkshire ” ” 23,000 adults have read the Business News over the last month Helen Dunham and Christian Adams receiving the award for UK Best Specialist Multiple Retailer of Gifts Photo: Eddie MacDonald A Tempting award win TEMPTATION Gifts in Newbury was the winner of the UK Best Specialist Multiple Retailer of Gifts category at the recent Greats Gift Retailer Awards, held at The Savoy Hotel London. This success follows the company’s award in February, when its buying team were recognised as UK Best Gift Buyers alongside John Lewis. It is Temptation’s 10th national award in the last eight years, including five for Best Online Gift Retailer. The Greats Awards are organised by publishing group Max Publishing, through their specialist trade journal Progressive Gifts & Home. They are designed to reward the top gift retailers in the UK on a regional and national basis. Temptation Gifts’ head of retail, Helen Dunham, said: “This award will mean a great deal to every single one of my retail team. Over the last few years, retail has been a tough business to be in, but our motivation is always to provide the best possible service to our customers. We have a high level of loyalty from our local customers in all our towns, and that is what makes the job so rewarding” Temptation Gifts was established in 1983. They have six stores in the Home Counties and have been trading online as TemptationGifts.com since 2000. Managing director Mike Adams said: “We never ever forget, though, that the only thing that really matters is the opinion of our customers.” Newbury Business Today – Thursday, June 11 2015 13 SPONSOR’S MESSAGE Find your new home at Greenham GREENHAM Common Trust has secured planning permission for the development of attractive office and warehouse accommodation offering tenants a prestigious location within Greenham Business Park. Buildings 35, 36 and 37 will be constructed near the business park’s main entrance and work is due to commence later this year. It is anticipated that the buildings will be available to let from early 2016. Building 35 is a new warehouse/distribution facility of around 6,000 sq ft (gross internal area), which includes a two-storey office component. Some key features of the building include: Roller door access via a shared yard and loading area 7.2 metre eaves height Nine parking spaces Building 37 is a new office/HQ facility of around 6,000 sq ft (net internal area), spread over two floors. Some key features of the building include: 23 parking spaces Open plan office layout suitable for subdivision Fibre broadband connectivity Building 36 (warehouse/ distribution) is already under offer and we are actively seeking occupiers for 35 and 37. The units are both offered to let only. Above left, a bird’s eye view of how Buildings 35-37 will look, and, above right, the Albury Way entrance to Greenham Business Park Greenham Business Park is a great strategic logistical location at the crossroads of southern England, situated on the A339 Basingstoke Road with easy access to the A34 and M4 (Junction 13) and just three miles from Newbury town centre and train station. The park’s close proximity to the housing stock of Newbury and Thatcham means it can draw on the labour supply provided by both towns which have a com- bined population of approximately 66,000. Greenham Business Park is a community in itself with around 150 businesses from leading manufacturers to car mechanics and dog groomers to leading engineering firms and technology start-ups. Not many business parks can offer a 1,000-acre common on their doorstep as well as 24hour security, 365 days a year. There are also excellent facilities on the park, includ- ing a day nursery for childcare, a café and a tandoori restaurant, an active arts centre and theatre plus an American Ballroom, which offers dance and exercise classes and five-a-side football. The business park offers friendly serviced space with subsidised meeting and conference space, all broadband and wi-fi enabled. There is plenty of parking available for staff and visitors and a subsidised bus service linking Newbury and Bishops Green to the business park. Greenham Business Park Ltd is the commercial subsidiary of Greenham Common Community Trust Ltd, a charity which reinvests and redistributes its income to local charitable good causes. Since it started in 1997 it has given more than £27m to local charities and community organisations. The trust, through its joint commercial property agents, WANT MORE FROM YOUR WEBSITE? £150 AdWords Voucher No Risk Opportunity Free Consultation No Set Up Fee Google Partners TERMS AND CONDITIO NS APPLY PLEASE CONTACT US FOR FURTHER DETAILS /generateuk /generateuk 01635 887711 generateuk.co.uk | [email protected] Deal Varney and Richardson Commercial, would be pleased to discuss specific occupier requirements on a forward commitment basis. FOR more information please contact: Deal Varney on (01635) 550211 or [email protected] Richardson Commercial on (01635) 282566 or [email protected] 14 Newbury Business Today – Thursday, June 11 2015 Lambourn - Who’s in the area? Thriving businesses within the valley of the racehorse many years working for various contractors and deciding to “go it alone”. Stuart set up 4 Counties Farm Services in a determination to provide a company which offers farmers and land owners a very personal and friendly service in conjunction with professionalism and experience. With the combination of knowledge, experience and old-fashioned hard work, 4 Counties can always offer the right solution to get any job done quickly and efficiently. 4 Counties Farm Services only run machinery of the highest quality so as to offer you complete reliability at the busiest of times. 1: Baydown Mowers 2: Sheepdrove Organic Farm 3: ND Services 4: 4 Counties Farm Services 5: Universal Stores THE village of Lambourn is located in Berkshire near the source of the River Lambourn on the beautiful chalk downlands of England. Lambourn is famous for its association with the training of the world’s finest race horses, including the 2015 Crabbies Grand National winner. There are more than 1,500 horses in training in the Lambourn valley with over 50 racing yards. The springy downland turf make the perfect gallops and the large uninterrupted open spaces create an ideal environment to breed and train horses. The Betfair Lambourn Open Day, held on Good Friday every year, is a great opportunity to experience the horses close up. Another major event in the valley is the Lambourn Festival, comprising many events in the summer. But apart from the association with the racing world, Lambourn is also home to a number of successful businesses, of which some have been highlighted. BAYDON MOWERS is a garden machinery specialist serving those living in Marlborough, Hungerford, Lambourn, Pewsey, Ramsbury and Aldbourne. Covering all makes of new machines, service and repairs as well as offering warranty, they are also a welding gas supplier. ND SERVICES is a family-run vehicle repair business operating from purpose-built premises in Aldbourne, Wiltshire, and Membury, Berkshire. It offers full vehicle maintenance packages tailored to any vehicle. Whether you are a fleet operator or ownerdriver it will have a solution that suits your business needs. It can cater for all manufacturers and provides a 24-hour breakdown and recovery service anywhere in the UK. It is VOSA approved for prep testing for larger vehicles, as well as cars and trailers. LAMBOURN UNIVERSAL STORES is more than just a hardware shop! They also stock everything you need for the garden, electrical goods, household products, wild bird and pet foods, greeting cards and stationary and also giftware. Lambourn Universal Stores is the one stop shop for everything you need for your home and garden, with friendly staff whose aim is to ‘try harder to please’. Stuart Buchanan established 4 COUNTIES FARM SERVICES in 2006 after having spent Having added garden machinery repairs and servicing to their bow, offering a friendly efficient and reliable service to all makes and models of garden machinery which includes hedge cutters, compact tractors, strimmers, quad bikes, chain saws, gators, lawn mowers and rotorvators. 4 Counties also offer an out-of-hours and weekend service. 4 Counties is based in the middle of Berkshire, Hampshire, Oxfordshire and Wiltshire and run the latest high-speed tractors to travel to your site quickly and efficiently. High on the Berkshire Downs, SHEEPDROVE ORGANIC FARM is a model of environmentally-responsible farming driven by a passion and concern for animal welfare, biodiversity and wildlife conservation. Producers of organic grass-fed beef, lamb, mutton and suppliers of organic free-range pork and poultry, they also produce seasonal turkey, goose and duck. There’s no GMO, no routine antibiotics and everything is fully traceable from field to fork. Sheepdrove Eco-Conference Centre was built by enviromental campaigners, publishers and farmers Peter and Juliet Kindersley to reflect the concepts they hold dear: sustainability, consideration for the environment and the best organic food. It is more than just a series of rooms: its eco-friendly, sustainable building offers a unique and creative atmosphere to inspire fresh thinking and generate real innovation. BAYDON MOWERS Garden Machinery Specialist All makes of new machines taken G Collection and delivery G Spare parts G Servicing & repairs G Warranty G 4-5-7 G Trade-ins To advertise your business in a future feature within the Newbury Business Today please contact Nicola or Roz on 01635 564515/564595 WELDING GAS (Mig & pure argon) (Oxygen & Acetylene) Mon-Fri: 9am-5pm; Saturday: 9am-1pm Easy to find us, large carpark, workshop and showroom Farncombe Farm, Baydon Road, Lambourn RG17 7BN 01488 71333 • www.baydonmowers.co.uk ND SERVICES established 20 years Serving the local community with 24-hour breakdown recovery across the UK. At ND we pride ourselves on a warm and friendly welcome with an assurance of first class service by our team HORSEBOX SPECIALISTS MOT Testing - Classes 4, 5, 7 Servicing and Repairs on all makes - Cars, Vans, 4x4, HGV’s Tyres and Exhausts Unit F Aeriel Business Park, Lambourn Woodlands, Membury, Hungerford, Berkshire RG17 7RZ Phone: 01488 72118 www.nd-services.co.uk Newbury Business Today – Thursday, June 11 2015 15 Commercial focus A wonderful hub of commerce within an idyllic rural setting Maps show approximate locations only 4 2 5 3 Lambourn Woodlands FR E E 1 G M O LAMBOURN SHEEPDROVE ORGANIC FARM & ECO CENTRE Simply working with nature Organic meat boxes from our homereared grass fed livestock En-suite accommodation FREE DELIVERY to Lambourn & surrounding areas Butchers’ shops in Bristol & Maida Vale Conference and function spaces for up to 150 guests Inspiring outdoor spaces, perfect for teambuilding activities Fully licensed bar and gift shop Organic bread sown, grown, milled and baked onsite by Aston’s Bakery Raw fermented products produced by The Cultured Cellar Find out more about what your local organic farm can offer 01488 674747 www.sheepdrove.com 6+((3'529(25*$1,&)$50Ã/$0%2851Ã%(5.6+,5(Ã5*88 UNIVERSAL S T O R E S Four candles to fork handles! EVERYTHING YOU NEED FOR HOME & GARDEN local store for local people with local delivery 15 HIGH STREET, LAMBOURN Tel: 01488 72353 Garden machinery repairs and servicing Offering a friendly, efficient & reliable service. • Free quotations • Collection and delivery available • Rotary Mower Servicing from £59 • All makes & models undertaken Hedge cutters Compact tractors Strimmers Quad Bikes Chain saws Gators Lawn Mowers Rotorvators Call: 01488 71939 or Email: [email protected] www.4cfs.co.uk 16 Newbury Business Today – Thursday, June 11 2015 meet the members Thames Valley Chamber of Commerce Tory triumph erases short-term concerns But Government’s small majority faces tricky situations in months to come THE General Election yielded a major surprise with the Conservatives winning a small majority, a scenario none of the opinion polls had suggested was likely. In the short-term this wipes away all of the concerns about lengthy negotiations generating a climate of uncertainty. However, the medium-term outlook is more uncertain, with the experience of the past suggesting that governing with a small majority can be tricky. The prospect of an EU referendum is now very real and the rise of the SNP brings the future of the Union further into question. This small majority will allow the Government to govern alone and they have certainly started work immediately. Services – the economy’s dominant sector – looks set to drive a much-improved outturn for GDP growth in Q2. In contrast, trade data reported that the trade deficit widened from £6bn in Q4 2014 to £7.5bn in Q1 2015, suggesting that net trade is likely to have exerted a modest drag on GDP growth in Q1. Therefore, while the government may be taking control of an economy which is finally enjoying a sustained period of reasonably firm growth, it remains a largely domestic affair with the long-awaited rebalancing of the economy remaining elusive. In the meantime, we urge the new Government to focus on the following: Public spending: business wants a plan for fiscal consolidation that is carefully balanced with the overriding need to nurture growth and investment. Trade: business wants a longterm partnership with government to kindle an export revolution. Talent: business and government must also do more together to equip young people for the world of work and enterprise. We must not fail bright young people who never see the front gates of a university, but who have so much to contribute to business and our country. Investment: do not be afraid to create bold tax incentives for UK companies that make long-term investments in people, plant, premises and export growth. Grow the British Business Bank and continue the drive to tame regulatory burdens. Recent decades of underinvestment will take time, and sharp focus, to overcome. Europe: we continue to support the search for a new settlement for Britain in Europe. Business wants fundamental reform of the UK’s relationship with the EU. Infrastructure: irreversible commitments to new airport capacity in the South East of England – and to the delivery of the positive road, rail, energy and communications enhancements announced during the last parliament. I West Berkshire Chamber (part of the Thames Valley Chamber Group) works with businesses to help them achieve their full potential. To find out more about our services email [email protected] or call 01753 870500. Richard Benyon retained his seat at Newbury as the Conservatives claimed an overall majority in the House of Commons 8 REASONS TO CALL WILTSHIRE CONCRETE? " " # % #" # " # %& $& $& % $" # Skip Hire #" ' #*$ !$ !$' #%) * ' ' )!+ $ # )# !' *,$ # *# ' +)# #" " + ' )$ ')$ !' # )$'# $'' !' *,$ '$# - ( %%%%" Newbury Business Today – Thursday, June 11 2015 17 Mercedes tie up service contract Deal seals 26-year partnership with DPD Group MERCEDES-BENZ Vans has entered into a bespoke service contract with the DPD Group. The service contract is a unique tailored offering with significant focus on vehicle uptime. This marks phase one of the bespoke Complete Care service contract across DPD’s ‘Region 6’, which covers Carlisle, Aberdeen, two sites in Glasgow, one in Dundee and a super hub in Edinburgh. The Complete Care solution developed for DPD covers an extensive list of vehicle items, including: routine service costs with all parts and labour, lubricants, all friction materials and all clutch friction materials; MOT test fees; and repair or replacement of engine, gearbox, rear axle, all other mechanical components, all computing management systems and all other electrical components. Mercedes-Benz Vans and DPD are celebrating a 26-year collaborative partnership in 2015, further cemented by the rollout of the Complete Care plan. Strategically, the DPD Group envisages all of their fleet of MercedesBenz vans will move onto the Complete Care service contract over the next two years. Charlie Shiels, executive director – central operations at the DPD Group, commented: “This decision takes our relationship with Mercedes-Benz to a new strategic level. “We would not have made this decision if we were not 100 per cent comfortable and confident with the Network’s ability to deliver an amazing service for us. “Mercedes Benz is a vital part in helping us deliver our customer promise.” Steve Bridge, managing director, Mercedes-Benz Vans, said: “We have worked in partnership with DPD for more than a quarter of a century – and that speaks volumes. “The biggest ‘thank you’ we can now give back to DPD is to ensure the highest levels of uptime are achieved as a result of the full Complete Care package put in place.” SHARP’S AUTOS Established in 2005 Over 28 years experience All makes welcome, from small cars to light vans / commerical All Makes and Models Serviced MOT by Appointment Quality Vehicle Servicing and Repairs Superior Quality at Independent Rates Vehicle Servicing Clutches | Welding Exhausts | Brakes Diagnostics | Tyres & Wheel Balancing Servicing & mechanical repairs Diagnostics Air conditioning / climate control Pre MOT checks and repairs service Registered MOT testing station Fleet management Cars or Vans Car bodywork arranged Book your next Vehicle Service, MOT or Aircon Service today by calling us now on 01635 551661 or visit our website at www.sharpsautos.co.uk Sharp’s Autos, Unit 2, Bone Lane, Newbury, Berkshire, RG14 5SH only a phone call away: 01635 524343 www.hmcgarage.co.uk Unit 54, Unity House, Greenham Business Park, Berkshire, RG19 6HW To book this space for 1 month costs just 01635 37913 www.promptautos.co.uk • Servicing and Repairs To Cars and Light Commercials • Free Local Collection and Delivery • Free Wash With Major Repair and Servicing • Tyres, Tracking and Brakes • Air Conditioning • MOT Testing and Preparation • Courtesy Cars and Vans • Engine Management • Batteries, Exhausts, Welding • Bodywork - Crash Repairs • Valeting and Pre-sale Checking • Gear Box Repairs and Replacements Waterside Court, Bone Lane, Newbury, Berks, Retail Motor Industry Federation RG14 5SH £99 + VAT If you book this for 6 months in our Commercial Motors section, you will receive a 1/2 page editorial absolutely free! For more information please call Nicola McGuinness or Roz Cooper on 01635 886615 or 01635 886695 BALL HILL COACHWORKS Ball Hill, Newbury, Berks call Ian on (01635) 254487 BODY AND PAINTWORK REPAIRS FREE ESTIMATES MOT AIR CON @ SERVICE Newbury Motors Ltd Unit A6, Faraday Road, Newbury, Berks, RG14 2AD Tel: 01635 41105 Fax: 01635 523322 We would like to offer the following great deals HALF PRICE MOT WHEN BOOKED AT THE SAME TIME AS A SERVICE Air Conditioning Repairs and Servicing. Engine Management Diagnostics Air Conditioning Recharge Special Offer of £49.00 + VAT if this Ad is produced 18 Newbury Business Today – Thursday, June 11 2015 Calm down and rise above the rage AS A driver, experiencing someone else’s road rage is something that scares many. With the correct frame of mind and a bit of planning, you can easily avoid this unpleasant situation from ever happening to you. In this week’s driving tips, IAM head of driving standards Peter Rodger talks about how to avoid becoming a road rage victim, and what to do if it does escalate. The first point is that with any conflict between two parties, both are likely to have played a part. So try to take yourself away from the problem – let the other driver go on ahead. You might feel wronged, but letting the other party go will make no difference to the rest of your day. If someone is being confrontational or aggressive, don’t make eye contact and don’t react visibly. And in your own mind, try to think about a different subject as quick as you can, so that the incident doesn’t affect you afterwards. If the conflict is more serious and other processes aren’t working, call the police, especially if you feel there is a threat or possibility of violence against you. As mentioned earlier, a sure way of remaining calm in this situation is to put this incident in the context of your day. ESTABLISHED 25 YEARS YOUR CAR YOUR CHOICE G G G Free Estimates while you wait - no appointment necessary All makes and models repaired to the highest standard 5 year guarantee DISCOUNT FOR ALL PRIVATE WORK G Work undertaken for all insurance companies G All body repairs G Trained & qualified technicians G Minor / major accident repairs How big a part is this compared to your other activities? You might feel frustrated, but letting it go is the best course of action. If the other party approaches you in your car, can you drive away safely? If you can, consider doing so. But don’t rush off and drive like the getaway driver in a film, or drive off if you think the other driver is going to chase you. If you, or better, your passengers, can film any behaviour on your mobile phone it will help in terms of evidence, including the registration number of the other vehicle involved. Don’t open your door, don’t open your windows fully and don’t start or get provoked into an argument. If you were at fault, admit it and apologise. It may be enough to diffuse the situation quickly. And do not do anything that can be interpreted as retaliation. Even if you weren’t at fault, is the argument really worth it? Hopefully by now the matter is over and you are driving away. Do acknowledge that this incident will have affected your behaviour. If you feel upset or emotional, pull over and get some fresh air or walk around if you need to before resuming your journey. Again find some distraction, like listening to the radio. Move your mind deliberately onto something else – deliberately driving well would be a good example – but don’t dwell on the incident. Peter said: “Road rage does not affect everyone every day. “If you’re finding it is happening very often, you might want to think about how you engage with other road users. “Unlike pedestrians walking towards each other; who can easily get a feel of what the other person will do, where they might go or the mood they’re in, you have no such opportunities cocooned in your car. “So it is important not to be antagonistic or obstructive, perhaps making a person already having a bad day boil over.” He concluded: “No-one need experience road rage, but it us up to each of us to ensure it stays that way.” Rob Denham - Bodyshop Manager, Keith Utton - Director, Sue Utton - Director G Dents / scratches / scuffs G Resprays G Any size of body repairs G Free Local Collection/Delivery G Accident Recovery Service G FREE COURTESY CAR 8 BOUNDARY ROAD, NEWBURY 01635 524824 www.woodlandautos.co.uk Newbury Business Today – Thursday, June 11 2015 19 Swedish style is second to none Volvo XC90 is voted best 4X4 in Car of the Year awards SWEDISH style, cuttingedge technology and classleading refinement have seen the all-new Volvo XC90 beat its rivals to a prestigious UK award. Diesel Car Magazine has been named the XC90 as Best 4x4 category winner in its 2015 Car of the Year awards. Judges praised the Volvo’s engineering, driving dynamics, interior quality, powertrains and design, saying it was “perhaps the most significant new car in the company’s 88year history”. Nick Connor, managing director of Volvo Car UK, said: “The XC90 is a true landmark for Volvo – indeed it represents the dawn of a new era for our brand in this country, so I’m absolutely delighted to receive this award. “It’s a car we’re really proud of, and which has generated a lot of interest – and more than 1,000 customer orders – even before it has officially arrived at UK dealers. “It’s a great start to an exciting future for Volvo in the UK.” Priced from £45,750, the all-new Volvo XC90 is available to order now and is built around a new Volvo-designed and built platform and engine architecture that will underpin next generation Volvo models. It is available with a 225hp, four-cylinder D5 AWD diesel engine with CO2 emissions from just 149g/km, returning up to 49.6mpg combined cycle fuel economy. Also available is a 320hp petrol engine option, plus a T8 twin engine variant that combines a petrol engine with an electric motor for 49g/km CO2 emissions and hybrid levels of fuel economy. Announcing the award win, Ian Robertson, editor and publisher of Diesel Car Magazine, said: “The first allnew car to be launched by Volvo using a totally fresh architecture, it’s obvious that no expense has been spared in search of excellence, with the introduction of all-new 2.0-litre powertrains, a fresh scalable platform and the very latest technology, together with a heavy dose of Swedish style for good measure. “Elevated quality levels, classleading refinement and economy, and a behind-thewheel experience that is driver focussed, all contrive to create a vehicle that is at the pinnacle of the 4x4 class.” For more information about the XC90 and the full range of Volvo models, visit Fawcetts Garage Limited, The Triangle, Pinchington Lane, Newbury, Berkshire RG14 7HT. Call them on (01635) 46660 or visit the website www.fawcettsgarage.co.uk !È.%7 "%')..).'È *OUSPEVDJOHUIFBMMOFX7PMWP9$ .BEFCZ4XFEFO *UTPVSNPTUFYDMVTJWFDBSFWFS "TFWFOTFBUFS467XJUIBMMUIF CFTUGSPN7PMWP'JSTUDMBTT DPNGPSUGPSFWFSZPOFJOUIFDBS BOEBXPSMEDMBTTTBGFUZMFWFM ),1'287025($%2877+( 1(:;&$7 88870-70$"34/&8#63:$06, 259,6,7'"8$&554("3"(&/&8#63: -5% '"8$&554("3"(& /&8#63: -5% 'BXDFUUT(BSBHF/FXCVSZ -UE 3()5 XXXWPMWPDBSTOFXCVSZDPVL 0GGJDJBMGVFMDPOTVNQUJPOGPSUIFBMMOFX7PMWP9$JO.1(MLN SBOHFTGSPN6SCBO &YUSB 6SCBO $PNCJOFE $0Ķ &NJTTJPOTHLN.1(GJHVSFTBSFPCUBJOFEGSPNMBCPSBUPSZUFTUJOHJOUFOEFEGPSDPNQBSJTPOTCFUXFFOWFIJDMFTBOENBZOPUSFGMFDUSFBMESJWJOHSFTVMUT 20 Newbury Business Today – Thursday, June 11 2015 Increasing demand for industrial space Retail sector is slow but office business is thriving MAY continued the busy theme started in the early months of 2015 with continuing reductions in supply and increasing demand. Although the retail sector remains slow, the office and particularly the industrial sectors remain very busy. Transactions for the month include Rannoch House on Newbury Business Park. This has been let to a leading communications company, taking a five-year lease of the whole building, representing a significant letting on the park. The property, owned by a local private client, has 11,288 sq ft on two floors with air conditioning and 39 car parking spaces. Rannoch is one of two connected buildings – the other, Lomand House, was let to AMEC last year. Quoted terms were £17.50 per sq ft – Deal Varney and Hicks Baker in Reading acted for the owner, while Johnson Controls acted for the tenant. Number 29 Kingfisher Court has been sold – 2,139 sq ft on two floors, the building was available at £175,000 and owned by a private investor and sold to a private pension scheme. On the industrial front activity has been strong with a recent letting of Unit H Hambridge Lane. The warehouse offers 7,790 sq ft and has been let to West Berkshire Van Hire, who were previously based in Hermitage. Also in Hambridge Lane, units 1 & 2 The Galloway West Berkshire Van Hire are the new tenants at Unit H in Hambridge Lane Lomand and Rannoch House on Newbury Business Park Two units at The Galloway Centre in Hambridge Lane have been sold by Deal Varney Centre have been sold, where Deal Varney acted for the vendor. Each unit offers approximately 2,000 sq ft of St. Lukes House Oxford Square Oxford Street Newbury RG14 1JQ WEST BERKSHIRE'S LEADING COMMERCIAL PROPERTY AGENT View all of our property solutions at www.dealvarney.co.uk Kingfisher Court has been sold to a private investor workshop and warehouse space and they have both been purchased by an investor who is based in Newbury. Newbury Business Today – The Pentangle, Park Street, Newbury The Votec Centre, Hambridge Road, Newbury 109-112 Bartholomew Street, Newbury Units 4, 5 & 6 Bath Road, Thatcham Business is booming QUINTONS Commercial Property Agents are reporting a very busy May with the completion of lettings, acquisitions, new instructions to market and property management instructions. Quintons has completed a number of lettings in May to include 1 The Pentangle, Park Street, Newbury. The property totals 3,500 sq ft of office space and has been let to marketing company One Bite, who have moved from London Road. The property includes air conditioning and ample parking, and this letting shows the strength of the office market as the new lease completed the day after the previous tenants vacated. Quintons have also completed the letting of first-floor office space at 2c The Votec Centre, Hambridge Road, Newbury. The offices total 1,300 sq ft and have been let to Siphon Networks on a new lease. Further units are available at The Votec Centre with sizes ranging from 2,000 to 7,000 sq ft. Joint agents are Deal Varney. Quintons have acquired 109 to 112 Bartholomew Street, Newbury, Berkshire on behalf of local investor Roy Lovell’s pension fund. The property comprises four retail units with long leasehold flats above and produces a strong rental yield of more than 13 per cent. New instructions for Quintons include Units 4, 5 & 6 Bath Road, Thatcham, which are located behind CCS Car sales and currently trade as a gym. They are available as a whole or individually. The ground floor of each unit totals 809 sq ft and each is available at £10,000 per annum. Further new instructions include a business unit at 8 Comet House, Calleva Park, Aldermaston. The property totals 2,446 sq ft of modern useable space which is available to rent or purchase. The property has two significant features – no VAT is payable and the second is that there are up to 15 parking spaces with this unit; normally only eight are included with this type of space. In Newbury, Quintons have been instructed to market Unit 11 Fleming Road, off Faraday Road, Newbury, which comprises a light industrial unit/warehouse with offices and yard to the side. The property is available on a new lease, the length of which is open to negotiation, and the quoting rent is £25,250 per annum. Quintons are continuing to market Unit 2, Green Lane, Thatcham. The unit totals 5,065 sq ft and includes offices, workspace and two loading doors. It is located close to the town centre and would suit a trade counter use. Quintons are also instructed to market retail space within Thatcham Garden Centre. The unit totals 3,150 sq ft and is available as a whole or in smaller sizes to suit. The garden centre is extremely busy with high footfall and ample free parking. All properties and Energy Performance Certificates are shown at www.quintons.co.uk or contact Shane Prater on (01635) 26251 or email [email protected] Comet House, Calleva Park, Aldermaston Fleming Road, Newbury Unit 2, Green Lane, Thatcham Retail unit at Thatcham Garden Centre Nrr MARLBOROUGH,, O LET T SN88 3UU,, TO NEWBURY,, RG144 5DD R SALE FOR 2,304 to 4,750 sq.ft. of Barn converted offices set within courtyard environment. Ample Parking Shop with 2 bed flat above. Shop is 600 sq.ft. Prominent location fronting A339 opposite Sainsbury’s and close to train station. WHITCHURCH,, O LET RG288 7AG,, TO COMPTON N RG200 6NL O LET/FOR R SALE TO BEEDON,, RG200 8RY Y O LET TO THATCHAM,, RG188 3HD, O LET T TO 704 sq.ft. Offices set within the centre of the village, close to train station. 2,129 to 4,172 sq.ft. Fully refurbished Offices with parking 1,315 to 2,630 sq.ft. Modern offices with parking set within a landscaped business park. 838 sq.ft. Offices/treatment rooms adjacent to Thatcham Health Centre. Fronts the A4. Follow us on Twitter at ShaneAtQuintons WWW.QUINTONS.CO.UK COLTHROP,, THATCHAM, RG199 4LP,, TO O LET/FOR R SALE Thursday, June 11 2015 3,336 sq.ft. Offices/Workshop with parking. Canal side location. HUNGERFORD, RG177 0DN,, TO O LET Choice of 3 retail units from 238 to 1,523 sq.ft. Specialists in lettings, sales, valuations, rent reviews, commercial energy performance certificates and lease renewals of Commercial Property. 21 22 Newbury Business Today – Thursday, June 11 2015 Units at Berkshire Business Centre The grass really is greener... FOLLOWING another transaction at The Green, Easter Park, Aldermaston, by Pioneer Real Estate, joint agents London Clancy and Haslams are delighted to offer the last remaining Grade A office buildings available to buy freehold or rent. Occupiers are being encouraged to ‘get moving’ as, for a limited time only, Pioneer is offering flexible incentive packages for deals being concluded within the next three months. By way of a summary, the current units range from 2,619 sq ft to 3,150 sq ft, and offer a truly outstanding specification to include: I Full access raised floors (150mm clear void). I Energy efficient heating and cooling system (very good BREEAM rating). I Full height glazing with bright open plan accommodation. I Generous on-site car parking (12-14 spaces provided with each building). I High-quality and sustainable DDA compliant corporate building. I High-security environment to include security barriers and CCTV. I Strategic location within the Reading, Newbury and Basingstoke triangle. I Excellent range of amenities found in nearby Tadley. Russell Ware of London Clancy said: “Demand for companies and individuals to acquire their own freehold offices is returning and occupiers can still secure favourable terms in a rising market. “London Clancy and Haslams are confident another deal will be concluded within the next quarter with this latest landlord’s incentive package.” Please contact joint sole agents Russell Ware at London Clancy on (01256) 462222 or Eilidh McAllister at Haslams on (0118) 921 1515. Lower Barn at Henwick Farm is new to the market Offices have all Manor of facilities Strong interest is expected in refurbished building WITH stock continuing to be hard to come by, Richardson Commercial has recently received several new instructions during May. Superbly refurbished offices will shortly be available at The Manor House in London Road. Rooms from 350 sq ft are available, as well as a whole suite of three offices totalling some 480 sq ft. The suites are air-conditioned and have the benefit of free use of a meeting room, kitchen and break-out area, as well as on-site parking. Strong interest in several rooms is expected to result in lettings in the next few weeks with occupation from this summer. New to the market is The Lower Barn at Henwick Farm. The period property is 1,669 sq ft with bags of on-site parking and all the usual facilities, including under-floor heating, floor trunking and kitchenette. Available from June, the quoting rent will be in the order of £26,500 (£16psf). Recently new to the market are two small industrial units in Faraday Road. Both comprise around 1,870 sq ft with one unit available from the summer or possibly earlier by negotiation. Unit 1, which has been used for car repairs, is now under offer, while Unit 5, pictured, has been used for storage and distribution. Quoting rents for each are £14,000 (£7.50psf) per unit. Also new to the market are serviced office suites at Membury. Offering smart accommodation on a flexible, all-inclusive basis from 400 sq ft, the units boast air conditioning and an abundance of parking. Deals in May include the acquisition of Block A Faraday Road by private clients. Producing a gross rent of £119,000, the terrace of nine units will be added to the client’s portfolio, having been bought at auction. In addition Richardson Commercial has sold the long lease of Unit 4 Berks Business Centre to a local gymnasium user. The unit, which is around 1,800 sq ft is currently being fitted and expected to open shortly. At the time of going to press another unit is expected to be sold imminently. IT’S NOW TIME TO BUY ... Why pay rent when you can be your own landlord? O O O O Tax efficient and SIPP compliant Free from rent increases & dilapidations Long term capital appreciation Mortgage interest is cheaper than rental payments EASTER PARK . BENYON ROAD A L D E R M A S TO N . R E A D I N G BERKSHIRE . RG7 2PQ www.thegreenoffices.co.uk %VEVISTTSVXYRMX]XSFY]]SYVS[RRI[SJ½GIWYMXEFPI JSVYTXSTISTPIfrom only £445,000 2IMP7IEKIV)MPMHL1G%PPMWXIV RIMPWIEKIV$LEWPEQWGSYO 6YWWIPP;EVI.MQ0SRHSR VYWWIPP[EVI$PSRHSRGPERG]GSYO Melville Burbage Insurance has moved! You can now find us at The Old Drummers Arms 16 - 18 Northcroft Lane Newbury RG14 5LJ Tel: 01635 43880 Newbury Business Today – Thursday, June 11 2015 23 Business Services Directory To appear in next month’s directory list please contact us - tel: (01635) 564597 email: [email protected] CLEANING ARCHITECTURAL DESIGN RELYON CLEANING SERVICES SPECIALIST COMMERCIAL CLEANING SERVICES - Fully insured MICHAEL PAGLIAROLI ARCHITECTS • Office Cleaning • Industrial Cleaning • School Cleaning • Retail Cleaning • Event Cleaning • Carpet Cleaning • Window Cleaning www.mp-architectsltd.com 2 Normay Rise, Wash Common, Newbury, Berks, RG14 6RY Tel: 01635 521766 [email protected] www.relyoncleaningservices.co.uk ACCOUNTANCY SERVICES PROMOTIONAL MERCHANDISE Residential developments, alterations and extensions. Barn conversions, stables and interiors. 01635 246177 ACCOUNTANCY AND TAX SERVICES FOR SMALL BUSINESSES AND THE SELF-EMPLOYED Sole-trader & Ltd Company Accounts Self-Assessement Tax Returns VAT Payroll CIS Fees fixed in advance [email protected] 6 Manor Place, Speen, Newbury RG14 1RB 01635 582829 63 Bartholomew Street, Newbury, RG14 7BE Communicate your message to 49,197* readers via our BUSINESS SERVICES DIRECTORY www.newburybusinesstoday.co.uk Call Nicola McGuinness on 01635 564515 or email: [email protected] 24 Newbury Business Today – Thursday, June 11 2015 WHEN SPEED AND RELIABILITY ARE PARAMOUNT 01635 278178 www.amscouriers.co.uk Businesspeople from West Berkshire got together at a networking event organised by Bourne BNI at the Regency Park Hotel in Thatcham on May 21 BNE chairman Tim Lowe and chartered accountant Jamie Dyson Ref: 22-0115A From left, Ian Davis of Chequers Estate Agents, Rob Lewis from Robert Charles & Sons and Edward BeresfordBolton of Utillity Warehouse Ref: 22-0115C From left, electrician Tom Duffin, Sue Kingham-Paxton from STV Security and chartered accountant Jamie Dyson Ref: 22-0115E 2, .< .; ? ?2, B< 9;89 . ;= B 5?.7, 7<8 -2 *7 B * <9 > =. > =2 8 7 ;.<85 +*7 4 ;> 9= , www.amscouriers.co.uk .; .< 7 01635 278178 *5 *7- /*625 B< 52=20 WHEN N SPEED D AND D RELIABILITY AREE PARAMOUNT > 2?227- *= 28 are two immediate wins, particularly if they invest in technology based equipment. G Buying used equipment can produce savings, but finance can be an issue unless you purchase with cash. G Leasing is good for soft assets - fixtures and fittings, office furniture and IT - as it usually gets written off. Also, the VAT is paid on each monthly payment rather than upfront. G The current generous limit for 100% tax relief on plant and machinery is due to end this year - another reason for making a capital investment now. Personal deliveries nationwide and worldwide Express Passport and Visa Applications Keeping our Customers happy for 25 Years <.;?2,.< G Greater productivity and less wastage An experienced team for a changing world . << <27 +> A full order book is prompting many SMEs to look at replacing old equipment and consider new technology. Nigel Green from Donnington Country Club and Jackie Osborne from Buzz magazine Ref: 22-0115D -2 Capital Investment Garry Kaxe from Henwick Properties and Nicky Hillier, NH Human Resources Ref: 22-0115B 7- Becky Samson of Samson & Christy and Mike Samuels of MS Photography Ref: 22-0115F The next issue of NEWBURY BUSINESS TODAY will be published free with the Newbury Weekly News on July 16, 2015 The Circuit with Newbury Business Today OFFICES ALSO IN LONDON AND WANTAGE Each month, Newbury Business Today goes networking at a social event in the local business community. If you are holding a function and would like our photographer to attend, please email: [email protected] @N\]6RUU\7N`K^[b+N[T\QR[N;010 =NU#!!! /Ja#!! www.horseylightly.com
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