IT’S A FULL HOUSE IN NUNEATON

DHP_16_EdUncategorized

Albion Court is a terrace of 9 former cottages on Attleborough Road, Nuneaton, converted to small office units 25 years ago. The property came into the management portfolio at Drake Howard Property in November last year, with three vacant units and a further unit due to be vacated August this year and was looking quite tired. An intensive management shake … Read More

Property Investment Market Bright-White Hot!

DHP_16_EdUncategorized

This time last year, May/June edition, I reported a ‘White Hot’ commercial investment property market, with stock markets anchored by a forthcoming Brexit vote and concerns over economic data coming out of China. I could not find an adjective to express intense market heat this year, other than bright-white hot! Suggestions to add a better adjective to my limited vocabulary … Read More

EXCITING PROSPECT OF NEW LEASE OF LIFE FOR LEAMINGTON SPA CO-OP BUILDING.

DHP_16_EdUncategorized

The CO-OP Rooms Department Store on Warwick Street, Royal Leamington Spa has been bought by a client of Drake Howard Property Limited, for investment and development. The building constructed circa 1970 has retail showroom space on ground and first floors, with stock and offices on the top floor and a funeral parlour and office on the corner of Bedford Street. … Read More

A COMMERCIAL PROPERTY INVESTMENT RETURN TO BEAT THE MARKET TREND

DHP_16_EdUncategorized

Drake Howard Property has secured a commercial property investment for a management client which compares extremely favourably to alternative property and investment media, in a market where buyers overwhelm a severe lack of supply. The workshop and office property is situated on the premier industrial estate in Warwick and is leased to Nationwide Crash Repair Centres Limited. The modern building, … Read More

Business Rates will change on 1 April 2017

DHP_16_EdUncategorized

The Valuation Office published draft business rates valuations on all commercial property last Friday, 30 September. All occupiers of commercial premises should be aware of the implications of the revaluation and consider the effect of the tax on business plans and cash flow. It has been seven years since all non-domestic properties in England and Wales were nationally valued. The … Read More

Kineton Continues To Attract Business Occuipers

DHP_16_EdUncategorized

Brook Business Park in Kineton is a great example of a village location which can compete with the best that Coventry & Warwickshire conurbation estates can offer. It has the obvious advantages of course, of proximity to Junction 12 of the M40 and Jaguar Land Rover. Equally though, the quality of the buildings and environment is winning over many visitors. … Read More

Strong First Quarter at Property Agency

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Drake Howard Property has had a busy start to 2016 and will need the full attention of Martyn Howard and new surveyor Marie Farrell, who joined the team in January, to service client business. In December, following completion of purchase of the freehold office investment at Brandon Court, Binley, for a figure in the region of £5m, REI Plc has … Read More

Spring Growth at Local Property Agency

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Marie Joins Drake Howard

We are pleased to announce commercial property surveyor Marie Farrell MRICS has joined Drake Howard Property Limited. Growth of business at Drake Howard Property has surpassed expectations in the first two years since being established. Another surveyor is needed to handle commercial property agency and management instructions. Marie Farrell qualified as a Chartered Surveyor in September 2008 and has gained … Read More

Property Investment Market White Hot

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Demand for commercial property investments is extremely strong in 2016 with a surge of investors chasing each property which comes to the market. This is particularly the case in the secondary market, for lot sizes between £0.5 m and £2.5 m. Cash which is not earning on the money markets with base rate held at a historic low for such … Read More