St Modwen submits plans for major speculative scheme in Basingstoke
Like London Clancy, regional commercial property agents, anybody with an eye on general business activity will already know that retail is having a tough time. The impact of this is also having a marked effect on landlords and investors in this arena.
London Clancy want to examine this question in a bit more detail and lift the lid on some of the issues. So, we ask, what is the current economic temperature of the British High Street? Is the British High Street a battleground?
London Clancy are pleased to announce that following two successive lettings, Chiltern House is now fully occupied.
The Salt Cave has taken the whole of the ground floor at 1,065 sq ft for a 10-year period.
The business provides halotherapy healthcare and is the eleventh practice in the growing franchise.
Exciting Escapes have taken the first floor, which equates to 1,100 sq ft.
Our client has one remaining suite in the ‘top of town’ in Yard House at a total of 675sq ft, ideal for small and new businesses.
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A leading Orpington company has opened a new office for its growing business in Winchester to take advantage of excellent road connections to the Solent area and westwards.
Neilcott Construction Ltd, specialise in building contract services for clients across the south east.
Acting for a private landlord, London Clancy have let 5 Moorside Place, Winnall to Neilcott Construction Ltd on a 10½ year lease. The asking rent for the 5,422 sq ft two storey business unit was £43,000 per annum exclusive.
“Moorside Place provides us with the ideal mix of offices and warehousing as we expand westwards” says Pat Hughes, Regional Director of Neilcott Construction. “We will be well placed to win new work with this base on the junction of the M3/A34 and A303 nearby” continued Hughes.
“We received a number of enquiries in response to the marketing campaign which reflects the buoyant commercial market across all sectors in Winchester right now” reports James Clay of London Clancy.
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2016 will be another good year for the M3/M27 property markets with values continuing to improve across most sectors.
The buoyancy in the market will be driven by increased and more diverse demand, an ongoing shortage of stock, (particularly Grade A space) and underlying business confidence reflecting the current stable economic conditions.
London Clancy is pleased to report the letting of 2 The Dean, Alresford to Southampton Car Finance. The warehouse unit comprises 3,854 sq ft and has been let on a 3 year lease with a tenant break.