Referendum cannot come soon enough

admin Fresh News, Market and general news

Despite the unease created by the forthcoming Brexit referendum, there has been little sign of the uncertainty adversely affecting demand for local commercial property, report Worthing-based experts Brierley & Coe.

"As we have previously stated there continues to be ‘occupational’ demand for good quality office and industrial/warehousing space in this area from both local and national companies – the issue continues to be lack of local supply, a situation unlikely to change in the short term.

"So far this year the signs have been positive and we have agreed terms on a wide range of office, industrial, retail units and development sites.

"Generally, it is the good quality and well-located space attracting the interest. A good example of this can be seen at 4 Brookside Avenue, Rustington, where our client has invested significantly in the building fabric to enable us to offer a refurbished modern warehouse unit of 28,620 sq ft with a superb secure yard.

"Further evidence can be seen at Southfield House in Worthing town centre where the top floor is also being refurbished and is already under offer.

‘In our view the uncertainty of Brexit can be seen more clearly as a contributing factor in ‘cooling’ of the wider commercial property investment market where, according to one of the most respected commercial research publications, volumes have fallen and yields have softened.

"Roll on June 23."

Written By

Admin

This is just test data. This is just test data. This is just test data. This is just test data. This is just test data. This is just test data. This is just test data. This is just test data.

You May Also Like..

Full Pre-Let Success- 8 New Industrial Units

Brierley & Coe report that the 8 new units constructed at the popular Vinery Estate nr Arundel have been fully pre-let prior to practical completion of the buildings.
The 8 high bay warehouse & industrial units are scheduled to be ready for occupation in late March 2020 and are currently being fitted out ready for the new tenants.
Brierley & Coe Director Paul… read the rest of “Full Pre-Let Success- 8 New Industrial Units”

320,000 sq ft Warehouse Campus Bognor- Lease Agreed

 New Era EstateActing on behalf of global publishing company John Wiley Inc, Brierley & Coe have concluded the renewal of their leases at the New Era Estate, Bognor Regis. Comprising 320,000 sq ft of warehouse & office space, the beneficial deal secures Wiley’s occupation of their main UK distribution centre for a further 15 years.… read the rest of “320,000 sq ft Warehouse Campus Bognor- Lease Agreed”

Warehouse Letting – Worthing

Unit 3 Meadow RoadActing on behalf of Worthing Borough Council, Brierley & Coe have let Unit 3 Meadow Road, Worthing to the Perfect Group on a new lease.
Comprising 7,400 sq ft, the unit is located on the popular East Worthing Estate… read the rest of “Warehouse Letting - Worthing”

Leave a Reply

Your email address will not be published. Required fields are marked *