Q2 2013 Commentary 17/07/2013 12:16

The second quarter of 2013 has seen a noticeable improvement in "deals done” in the agency department at Chown Commercial. This has begun to highlight how positive consumer and business sentiment is starting to find a way to do deals after a lengthy period of caution.

There can be no denying there has been a positive change of mood in the property industry this year, which was supported by news released confirming that GDP grew higher than expected in Q1 and was likely to grow in Q2 and Q3 by 0.3%.

The upward adjustment in the UK’s growth forecast is promising; however, it does not change the fact that the pace of recovery looks likely remain modest for a while yet. Nevertheless, in Q2 the agency department at Chown Commercial have a lot to celebrate with completion of the sale of Head Office Hub for Hinckley and Bosworth Council in Leicestershire where the team identified and secured a £13M development funding agreement to build the UK’s first Local Authority Hub.

In addition, our agency department have Let, and Sold a variety of properties in Northampton, ranging from local office deals to larger retail and office sales in Rushden and Oundle as well as acting for Keepmoat Plc on a regeneration development in Wolverhampton. The team are busy gearing up for an exciting Q3 with many properties already Under Offer as well as acquiring new instructions.  

SOLD Properties in Q2

Unit 1, Blakenhall Gardens, Dudley Road, Wolverhampton

Unit 2, Blakenhall Gardens, Dudley Road, Wolverhampton

Hinckley & Bosworth Borough Council Hub, Hinckley, Leicestershire

Ibex House, Spratton, Northamptonshire

31 Nene Valley Business Park, Oundle

1-4 High Street, Rushden


LET Properties in Q2


Unit 2 Encon Court, Moulton Park, Northampton

Letts Road, Northampton

Unit 6, Centre 2000, Kettering

Unit 9, Centre 2000, Kettering

Ground Floor, 19 Tudor Court, Wootton, Northampton

7 Tudor Court, Wootton Northampton

Unit 2 Wirksworth, Derbyshire

Ultralase House, Cliftonville, Northampton

Unit 8, Gold Street Mews, Northampton

23 Sheaf Street, Daventry

1 Spencer Parade, Northampton

3a Market Walk, Northampton

4a Derngate, Northampton


Properties currently UNDER OFFER heading into Q3


12 Gold Street, Northampton

12 Tapton Way, Liverpool

11 Gold Street, Northampton

12 Ironstone Way, Brixworth, Northamptonshire

22-24 Dennington Road, Wellingborough

Studland Road, Northampton

7a Abington Street, Northampton

7 Westleigh Office Park, Moulton Park, Northampton

54 Kingswell Street, Northampton


Get in Touch

Phone: 01604 60 40 50

Email: info@chowncommercial.co.uk

24 Bridge Street
Ashby Lowery Commercial Management Ashby Lowery Commercial Management