Since forming the new partnership in September last year, we’ve been very busy....as you may have seen looking at our web site www.prop-search.com , we very much ‘hit the ground running’ and are now offering a large and diverse selection of commercial property, throughout the region.
The current economic market presents some challenging times for us all – but life goes on (and business), so we’re pleased to announce that prop-search.com has already made its mark in the market place and has both completed a number of significant transactions and secured instructions on many properties including some very high profile projects.
At Rushden, prop-search.com has been instructed jointly with Colliers CRE in the continued marketing of Rushden Lakes (aka Equilibrium). This 33 acre scheme has planning permission for development to include retail / leisure / hotel / restaurants and bars and we are currently working on a number of initiatives that we hope to see move forward over the next couple of years – despite the current economic climate!
Another exciting project has just been launched at Brixworth.
Known now as Brixworth Technology Park, this 10 acre 100,000 sq ft complex of Hi-Tech facilities, will offer businesses a unique environment in which to work.
As part of the Vodafone McLaren Mercedes F1 Team, Mercedes-Benz HighPerformanceEngines has recently relocated into a brand new purpose designed facility elsewhere in Brixworth, releasing a number of buildings on Brixworth Technology Park, whilst Ilmor Engineering will remain on site.
Prop-search.com has been instructed to act on behalf of Rock Investments - the new owners of this prestigious development.
Buildings from around 1,500 sq ft to over 20,000 sq ft will be offered to businesses looking for Hi-Tech / office and R&D facilities as well as more traditional office occupiers. The site also boasts 7 engine dyno test beds.
Further information is available on our web site.
As already mentioned, we’ve taken instructions on a wide variety of properties – industrial, offices, retail and investments. With interest rates so low, the investment market is beginning to show signs of movement. Whilst the market is still cautious, some investments showing close to double figure yields are beginning to look more attractive than leaving the money in the bank!
Just recently, Prop-search.com has been instructed by Ashtenne to offer the investment / development interest in an industrial building in Peterborough. The building comprises some 10,400 sq ft and a lot size of £450,000 excl.
Prop-search.com has a number of other clients (from individuals to ‘corporates’), keen to look at investment opportunities – if you have a property investment that you might like to sell and would like to ‘test the water’, then we’d be delighted to talk to you, without any initial obligation. Similarly, if you are an owner occupier and would like to raise some capital from selling and renting your property back, then again, we are happy to offer you advice.
There is no doubt that the property market (and economy as a whole) is poor and that there are still ‘difficult’ times ahead - this is unlikely to change for some time, but this does not mean that business has to stop and that deals cannot be structured. There are genuine ways of working through the problems (we touch on this in last month’s Business Times article).
Prop-search.com has a wealth of experience to call on and a strong network of other professional consultants to work with – we can and are helping clients through the difficult times by restructuring for the present and ready to capitalise on an improved market.
Call us on (01933) 22 33 00