For Property Solutions
With agents experienced in land sales, complex residential and commercial developments, office, industrial , mixed use and retail sites, the team bring a reliable, accredited and pro-active approach to commercial sales, lettings, acquisitions and negotiations.
Below, Mitchell Brooks, Head of Agency for Kempton Carr Croft, provides his market commentary for November 2018 followed by just some of the commercial sales and commercial lettings completed by Kempton Carr Croft this year.
The commercial market remains active despite the time of year and we are seeing strong levels of interest on all types of freeholds be it office, retail & industrial for owner occupation or investment, development & land. We continue to see industrial rents & yields harden which we are also seeing on investment opportunities generally.
Demand for Industrial leasehold opportunities remains strong with supply continuing to be an issue, this in turn continues to push industrial rents up – simple supply and demand. Many clients are seeing notable increases in their rents received following a lease event or re-letting of their industrial units.
My team are always happy to advise on any specific concerns or questions you may in relation to rents, availability and commercial stock in the region. Please get in touch using our contact form.
Click to view the deals that are listed below as a PDF.
Retail letting in High Wycombe
40-41 Oxford Street, High Wycombe is a 2,267 sq ft ground floor retail unit in a secondary location that was let to Saucy Chef. The quoting rent was £25,000 per annum.
Investment sale in Maidenhead
The Arena, Stafferton Way in Maidenhead, a 27,671 sq ft premises was sold for £1.8 million.
Blandy House within Maidenhead town centre is a mixed use investment comprising retail, office and residential units. The 6,944 sq ft building sold to a local investor. Offers were invited in the region of £2 million.
70 – 72 St Mark’s Road is a 6,413 sq ft mixed use office and medical building that sold to an owner occupier who intends to lease part of the building out.
Industrial lettings in Maidenhead
Unit 10, Cordwallis Park is a modern , 7,214 sq ft warehouse unit quoting rental of £11.50 p.s.f
Unit 11, Cordwallis Park, Maidenhead was let in November 2018. The modern warehouse unit is 6,497 sq ft and had a quoting rent of £11.50 per square foot.
Investment sale in Windsor
113-117 Springfield Road in Windsor was sold as a retail, storage and multi let garages investment. The 12,988 sq ft investment had a quoting price of offers over £800,000. There was an excellent level of interest.
Investment sale in Reading
40 Ivanhoe Road in Reading was sold with vacant possession to owner occupiers. The two storey 4,200 sq ft office building is located on the Hogwood Estate and had a quoting price of £550,000.
…..
Contact the team for assistance in marketing commercial buildings and investments for sale or let and commercial property market advice. To view any of the units we are currently marketing email [email protected] or call 01628 771221 – [opt 1]
Kempton Carr Croft’s agents are active across the Thames Valley region with instructions in; High Wycombe, Marlow, Reading, Staines, Gerrards Cross, Bourne End, Beaconsfield, Princes Risborough, Taplow and Maidenhead.
If you found this article interesting and would like to receive more posts like this directly to your inbox, subscribe to receive our news and team updates or follow us on twitter @KemptonCarr and like us on facebook to see them first.
