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The returning commercial property market continues to show strength.  We have had a very busy couple of weeks since I last wrote and we continue to see strong interest for commercial property across the board.   Freehold acquisitions are particularly strong and with talk of negative interest rates the potential of purchasing a commercial investment with returns of 7 -8% look increasingly attractive – far better than stuffing your money under the mattress!

I mentioned previously the vacant freehold industrial unit that was coming to the market. That is now live with a tender process closing in mid-July, we have been busy with viewings on that and have more booked for next week. Details are on our website and please call for more information.

Terms were agreed in respect of another unit on the Wickford Business Park on a commercial lease within 7 days of marketing – if you are looking for a tenant for your commercial premises please call us, we have a wealth of experience and are here to help.

Diane Tait

Commercial Property Manager