BERRYS have recently been instructed to market 3 Cherry Hall Road on the North Kettering Business Park. The property that was the former BNE offices prior to the merger with Berrys and is currently occupied by the newly formed company. Comprising approximately 2,196 sq ft (204 sq m) and arranged over ground and first floors, the property offers high-quality office accommodation in a popular and established office location.
BERRYS have recently been instructed to market 3 Cherry Hall Road on the North Kettering Business Park. The property that was the former BNE offices prior to the merger with Berrys and is currently occupied by the newly formed company. Comprising approximately 2,196 sq ft (204 sq m) and arranged over ground and first floors, the property offers high-quality office accommodation in a popular and established office location. Benefiting from 12 car parking spaces and ease of access of the A43 to Corby and Junction 7 of the A14, the property meets the requirements of many companies seeking high-quality accommodation. The progress of Phase 2 of the business park along with the recent purchase of a small investment portfolio on the park by a Northamptonshire-based property company, look to ensure popularity and investor appetite in these type of properties. We are experiencing both occupier and investor demand for smaller office units and with the shortage of stock in prominent locations, occupiers are being forced to looking further afield to satisfy demand. Rental levels being achieved on the second-hand buildings on North Kettering Business Park is also the highest in Kettering with levels of £15 psf (£161.46 psm) being achieved on the smallest units. Evidence from the recent investment sale would seem to demonstrate that there is also capital growth available to investors. With initial yields compressing and limited new speculative development, Cherry Hall Road offers an attractive proposition to the local and regional market. We believe there will be some further appetite for smaller office units which are well located and offer high grade accommodation. Locations such as North Kettering Business Park, The Point in Market Harborough and Cottesbrooke Business Park in Daventry are all examples of owner occupier and investor demand. Berrys offer a range of both occupier services and commercial agency that can assist you in searching and analysing suitable opportunities. Alternatively, we have new office opportunities that will form part of a new development scheme. We are seeking both investors and occupiers, contact Simon Parsons, BSc (Hons) MRICS for further information 01536 213169 or email