WHELER ROAD INVESTMENT ACQUISITIONS FOR CITY COUNCIL.

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Drake Howard Property has acquired two office buildings fronting Wheler Road at Seven Stars Industrial Estate, for Coventry City Council. The properties will add to the portfolio of properties held by the Council for business occupiers in The City and provide a rental stream as a return on capital invested. The properties were acquired with vacant possession, from former owner … Read More

DAVENTRY WORKSHOP & OFFICE PROPERTY ACQUIRED FOR INVESTMENT CLIENT.

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Drake Howard Property has recently completed the purchase of a freehold commercial building on High March Industrial Estate, Daventry. The property has been acquired with vacant possession from Daventry District Council, on behalf of an ‘in-house’ investor client. The industrial estate location is ideal for commercial investment purposes. Daventry is a growth area and the property is on the A425 … Read More

DRAKE HOWARD PROPERTY JOINS CHAMPIONS

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Coventry & Warwickshire Champions brings together over a hundred key businesses and organisations in a powerful network to promote and develop Coventry and Warwickshire. The Group provides the platform for the public and private sectors to combine resources to get things done. To work together to compete nationally and internationally for investment to strengthen the region’s economic development. Drake Howard … Read More

BLAZING A TRAIL AT PIONEER HOUSE.

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The office building at 7 Rushmills, Northampton was renamed Pioneer House when first occupied by Pioneer Computer Group in 1990. The Company name may have changed over the subsequent 28 years, but the Northampton outpost has remained a regional base for operations. At 9,585 sq. ft., the office investment was discovered 10 years ago by Martyn Howard of Drake Howard … Read More

A TALE OF DILAPIDATIONS – DILEMA AND DILIGENCE.

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Drake Howard Property has the expertise and trade contacts to discharge end of lease disrepair claims on behalf of tenants. This expertise has recently been demonstrated at a workshop and office unit at Binley Industrial Estate, occupied on a short-term lease by a major automotive engineering services company client. The tenant had signed a lease for a term of 6 … Read More

INVESTMENT PROPERTY ACQUIRED FOR ASSET MANAGEMENT

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Drake Howard Property has acquired 3 industrial/warehouse units close to Torrington Avenue, Tile Hill, Coventry, for investment client, Forest Team Limited. Unit 7 Binns Close is a detached warehouse with a gross internal area of 8,265 sq. ft. and is let to Nissens UK Ltd to 2021. Unit 8 Binns Close is a building extending to 6,600 sq. ft. sub-divided … Read More

NEW LEAMINGTON SPA PROPERTIES ADDED TO PORTFOLIO UNDER MANAGEMENT

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Drake Howard Property Limited has secured instructions to manage 4 additional properties in recent months’. 9 Clarendon Place, Leamington Spa. This Regency Building in the heart of vibrant Leamington Spa, was known for many years as the office of renowned solicitors, Wright Hassall. It has undergone a superb redevelopment to 12 luxury apartments and a penthouse flat. The developer is … Read More

Sporting Chance in Kenilworth

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Drake Howard Property has disposed of another commercial premises on the main road through Kenilworth Town Centre. On this occasion, a self-contained office above the Cancer Research UK charity shop, adjacent to Sainsbury’s Supermarket. The offices are cellular arranged over two floors, accessed from an external staircase and with electric heaters. The premises may have been considered to fall short … Read More

FANTASTIC MANAGEMENT & REFIT AT LEOFRIC COURT

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Leofric Court is another multi-let office development which came into the management portfolio of Drake Howard Property, relatively recently. In a short space of time our experienced team has focused on improving the environment in which the building stands, by careful service charge budgeting. Landscaping and planting has been upgraded, including new path with steps and handrail on the frontage … Read More

RENOGOTIATION OF PHS LEASE FACILITATES INVESTMENT DISPOSAL.

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In April 2016, inspection of an industrial unit at Aldermans Green Industrial Estate, Coventry, identified potential for extension to the occupiers lease term and has culminated in disposal of the property asset to Coventry City Council, on behalf of owners Real Estate Investment Trust. Drake Howard Property was asked to provide advice and recommendations on the tenancy on the premises; … Read More