A leading commercial property agent has relocated to a brand-new office just a free kick away from the site of one of the firm’s most memorable deals.
Salloway Property Consultants, which specialises in the sale, letting and management of commercial and industrial property together with providing strategic advice on development land, has purchased premises in Royal Scot Road, on Pride Park.
Founded by lifelong Derby County fan Stephen Salloway, the company was responsible for the sale of the Baseball Ground in the 1990s, paving the way for the creation of Pride Park Stadium itself, and the 100,000 sq ft Soccer Dome which it pre-let to JJB Sports.
The new office is designed to allow Salloway to grow the property management side of the business and expand its land development division with both areas becoming increasingly popular with clients.
Staff have worked together to create a contemporary, user-friendly office space, specifically designed to enhance the teamworking ethos which has been the cornerstone of the firm’s success.
Managing director Stephen said: “We have been based on Pride Park since 2005 when we were the very first commercial property agent to move here. But of course, our association with Pride Park goes back in further than that with our links to the stadium and soccer dome.
“With such strong links to the area, it seems very fitting that the future of our company is being shaped so close to the site of a deal that was really significant in our history.
“Since then, Pride Park has gone from strength to strength and is now seen as one of the region’s most successful business parks with a variety business, leisure and residential users sharing the same address in a fully integrated manner. Many of the property enquiries we receive have already determined that Pride Park is their favoured location.
“Obviously Covid was a shock to the market giving rise to the work-from-home and hybrid-working concepts, but we can sense the resurgence – people want the experience of going out to work. We feel that with our own staff too which is why we have invested in a new office.
“It was certainly all hands to the pump at times but that turned the move into a team-building exercise, which I dare say was quite fun at times. There is little doubt that the move has refreshed and energised us all which is timely as the market, like the economy, starts to re-emerge from the doldrums of high interest rates and we are seeing a marked increase in demand for our services.”
The new office houses seven members of staff, which uniquely includes four qualified chartered surveyors, making it one of the most experienced commercial property agencies in the region.
The firm, which also has an office in Burton, plays a significant role in the property sectors across Derbyshire, Staffordshire, Nottinghamshire and Leicestershire.
Mr Salloway, who was recently shortlisted for an East Midlands Leadership Award organised by The Business Desk, added: “Our new office space will allow us to expand our property management division, where we work with landlords and investors who prefer a hands-off approach to their portfolios. We are also experiencing an upturn in demand for our strategic land service from a range of landowners whose holdings have development potential. Consequently, our new office provides space to grow into.
“2024 promises to be an interesting year with a general election looming and inflation falling, hopefully followed by a reduction in interest rates. The commercial property market appears to be responding positively as confidence begins to return and everyone at Salloway Property Consultants is primed and ready to deliver our uniquely tailored services from our new offices.
“All that remains now is for the Rams to secure promotion and lift Pride Park and the city of Derby into the next division.”
