The commercial property market in the Midlands is locked in a perfect storm; the current lack of new build development due to high build costs and subdued rents is clashing against stronger-than-ever demand for property from tenants across all sectors. Something's got to give, and it may be a surprise to some landlords that occupiers looking for good quality premises are more than happy to pay market...
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The only certainty in 2017 will be that there will be more uncertainty. The EU Referendum result will resonate heavily this year, with Article 50 set to be triggered and Brexit becoming a reality. The potential fallout will be fascinating to watch - if a little terrifying. It could bring the break up of the European Union, with Italy, Holland, and other weaker countries looking at leaving. Further...
Expand, adapt, evolve - our lessons learned from 2016 There's no doubt about it - we'll all remember 2016. From Leicester City winning the Premier League title to Donald Trump shocking the world with his US Presidential win - with Brexit sandwiched inbetween - it's been a year quite like no other. And, in our own way, we've been knocking down barriers at Phillips Sutton too. We've expanded our team this...
We recently acquired a 28,000 sq ft multi-let office building in Coleshill in an off market deal on behalf of a Manchester based investor. In a market where yields are currently 6-8%, the deal represents extremely good value and is further evidence of the benefits of the investment market in the region. 5 reasons to invest in commercial property in the Midlands Sam Sutton, director at Phillips Sutton...
Moving business premises can be complex and time consuming, so why not let us help you? We can help with all your property search needs, from property brief, space planning and searches through to budgets, accompanied viewings and lease negotiation. We have recently taken instructions from two separate clients requiring out of town office space in Leicester. Please...
Savills Investment Management has completed the major refurbishment of an industrial warehouse at Rosevale Business Park in Newcastle-Under-Lyme, Staffordshire. Savills and Phillips Sutton are instructed as joint letting agents for the property. The detached unit totals comprises 114,520 sq ft (10,639 sq m) including 23,829 sq ft (2,213 sq m) of office space and has consent for business, industrial or...
Acting on behalf of a private pension fund, Phillips Sutton have advised on the lettings of 5 office suites providing the owners with a fully let building. Charnwood Court on New Walk in Leicester is a 17,000 sq ft office building at the heart of the conservation area on Leicester's New Walk. Prior to Phillips Sutton's involvement the building was 75% vacant, but following a sustained marketing campaign...
Following a period of 12 months of marketing, Grafton Trade Park is fully let. On behalf of CBRE Global Investors, joint agents Phillips Sutton and Underwoods have let three vacant units ranging in size from 3,200 sq ft to 5,500 sq ft to a variety of local and regional businesses all on 10 year lease terms at headline rents of £6 psf. Following the recent take up on the estate, CBRE Global Investors...
Assistant Surveyor – Apprenticeship Scheme - Click PDF We are recruiting for an Assistant Surveyor to join our apprenticeship scheme. See the details/job description...