Chartered Surveyors & Commercial Property Consultants

News

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Two recent lettings at Bidavon Industrial Estate, Waterloo Road, Bidford on Avon

Following the Letting of Units 23 & 24 to Hunter Plastics last year Unit 20 & 21 have recently been let to Premier Sheet Metals & Wise Badger respectively. This leaves just Unit 22 of 2,627 sq ft & Unit 32 of 7,730 sq ft available. Peter Clarke & Co acted jointly with Michael Johnson & Co for the Landlord a private investor. Read more

Empty Property Rates

RICS once again calls on the government to take action on empty property rates (EPR) as the TaxPayers’ Alliance announce alarming figures. Last November RICS published results of research from our expert members into the effect of business rates on empty property: 92% viewed EPR as a barrier to town centre regeneration 89% of members felt the policy was restrictive to overall economic growth 88% considered EPR a significant deterrent for speculative building. The TaxPayers’ Alliance has now announced that a massive £1.1 billion was paid last year in business rates on empty properties between 2009-10 and 2011-12. The government must l... Read more

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Letting to Gloucester Freight Services, Waterwells Business Park, Gloucester

Terms have recently been agreed for a 5 year letting on behalf of a private investment Landlord of an 8,235 sq ft (765.18 sq m) industrial unit at Whitworth Court, Baird Road on a stepped rent rising to £45,000 in the later years. Read more

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Investment Acquisition – Unit 21 Gelders Hall Road, Shepshed, Loughbrough

Acting on behalf of a Private SIPP Investor client Peter Clarke & Co acquired this detached warehouse unit of 17,075 sq ft (1,586.3 sqm) let to Industrial Machinery Supplies Ltd on a lease expiring in 2022.     Read more

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Letting at Kingsway Industrial Estate, Kingsway Park Close, Derby

Acting for private investor clients Peter Clarke & Co have let Units 3 & 4 New Zealand Court on the Kingsway Industrial Estate, Derby which extend to around 15,030 sq ft (1,396.3 sq m) to Food Search Wordwide Ltd Read more