Drake Howard Property is pleased to announce completion of a dilapidations project and new letting at Binns Close, Torrington Avenue, Coventry. The former occupier of the warehouse had been in the premises for over 30 years and relocated in July. Martyn Howard prepared a schedule of dilapidations for service by solicitors and negotiated payment in lieu of the cost of … Read More
BREAK-UP SALES MAXIMISE REALISATION
Another challenge presented by the Administration of Nationwide Crash Repair Centres Group has proven the worth of an agent with commercial property development and agency expertise. An industrial property known as Units 1-3, 20a Hawkes Drive, Heathcote, Warwick, was it is fair to say, impossible to return to an equivalent or improved income producing investment. The capital input to remodel … Read More
REPAIR & REFIT PROJECT PAYS DIVIDENDS.
Drake Howard Property has let car workshops at Rowley Drive to Karl Vella Group following a comprehensive refurbishment project. The property was previously occupied by Nationwide Crash Repair Centres who went into Administration. Disposal of possessions, plant and equipment and lease cars presented challenges at a time of drawing up the works specification. A budget close to £100,000 was committed … Read More
SPECIAL PROJECTS DESIGN STUDIO SPACE
Drake Howard Property has been given a unique commission by Envisage Group to market studio and office space to automotive and other engineering sectors. Envisage has a global reputation for engineering expertise, craftsmanship and quality of service in low volume automotive manufacturing. They have created a centre of digital design excellence at Progress Close, Coventry, with unrivalled facilities for engineering … Read More
COVENTRY MAZDA & SUZUKI RELOCATE ON LONDON ROAD.
Green 4 Motor Company Ltd has taken showroom, workshop, and office premises at 540/542 London Road as a new home for their Coventry Mazda & Suzuki dealerships. The Company has not had to travel far. Swapping the north side of London Road for the south, less than 80 m along the highway. Drake Howard Property is pleased to welcome the … Read More
COVENTRY CITY COUNCIL SECURE KEY OCCUPIER FOR INVESTMENT ASSET.
In August last year Coventry City Council acquired Oak House on Binley Office Park for refurbishment and investment purposes. Some 9 months on, following extensive strip-out and upgrade of the accommodation, Bellway Homes has been secured for 7,000 sq. ft. of this prestige office building. Oak House had been marketed for some time by the previous owners for a new … Read More
CONFIDENCE IN THE OFFICE MARKET
A client of Drake Howard Property has displayed confidence in the office market and taken surrender of a lease from Yazaki Europe Limited on office premises at Brandon Court. The lease had four and a half years remaining until a tenant break option in June 2025, producing a full rental income stream. So, not a decision you might expect in … Read More
STUN DEAL!
Drake Howard Property Limited acting in a joint agency capacity with Drake Commercial has completed a new letting to Axon Public Safety UK Limited on a 22,000 sq. ft. modern industrial building at Sopwith Way, Daventry. The US parent, Axon Enterprise Inc., based in Arizona develops technologies and products for military enforcement. Its first product was the Taser, from which … Read More
Drake Howard Property & The Wilkes Partnership Solicitors advise Carton Edge Limited on Factory Expansion
An established Coventry firm has completed a deal for additional warehouse space in record time, to help meet their increasing demand. Carton Edge Limited, have been providing a wide range of carton finishing services to the UK packaging and print industry for nearly 30 years. Innovation is at the forefront of their success and has played a major part in … Read More
Business As Usual
Following the latest announcement by the Government with further Corona Virus restrictions, Drake Howard Property have made the necessary changes to enable the company to operate business as normal. Viewings and inspections will be undertaken with social distancing, masks under Covid-19 guidance. Our office is open, and the team can be contacted on both landline – 02476 450045 – and … Read More