CHOWN Commercial, Chartered Surveyors, report substantial activity at Moulton Park in both the office and warehouse markets.
“Vacancy ratios are now dropping as more deals are being done and the number of boards around Moulton Park is reducing,” said Stephen Chown, a specialist in the Northampton office and warehouse market.
Chown Commercial bought, sold, let and acquired a range for both large and small office and warehouse buildings on Moulton Park in 2016, and anticipates the increased level of activity will continue this year.
Successful office sales and lettings have been completed on units at Scirocco Close, Redhouse Square and Westleigh and Premier Courts.
“If you are considering relocating this year I recommend you contact us early for detailed advice,” said Stephen. “Take-up is continuing strongly and availability is reducing substantially so off market knowledge is becoming key.”
Recent highlights have included the sales of 3,700 square feet of offices at 11 Redhouse Square and a warehouse unit at 13 Lower Farm Road.
The estate’s first new freehold office property, 8a Brookfield, is being offered on a design-and-build basis and will offer 2,000 square feet.
Recent new instructions include freehold and leasehold offices from 1,500 to 2,000 square feet.
Chown Commercial also manage a portfolio of property for private clients and have recently taken on new instructions on Moulton Park where companies and individuals have found themselves as unexpected landlords and wish to pass the responsibilities to a professional chartered surveyor (registered by the RICS to hold client money). Importantly, this allows them to focus on their core business.
Stephen Chown can be contacted on 01604 604050 or via www.chowncommercial.co.uk
