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
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
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
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
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
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
2020 Diagnosis at Middlemarch
Phocas Software Limited has remodelled and fitted the ground floor office at 2020 House, Middlemarch Business Park, in conjunction with securing a letting to medical device company, Quantum Imaging Limited. Transforming space from what was a cluttered quasi-workshop with defunct fixtures & fittings, to a modern open plan workspace, with executive offices and conference rooms. The former occupier of the … Read More
Rent Reviews in a Rising Market
In the years 2007 to 2015 commercial property rents saw a sharp decline. As much as 30% to 40% in some sectors, before rallying as the economy came out of recession and the slack in the market was taken up. Increases on lease rent review dates during these years were rare indeed. Almost unique! Property investors and their agents are … Read More