"Vacancy ratios are now dropping as more deals are being done and the number of boards around Moulton Park is reducing says 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 2014, and anticipates the increased level of activity will continue this year.
Successful office sales and lettings have been completed on units at Scirocco Close, Red House Square and Westleigh. Close by warehouse 2 units at Encon Court have been let.
"If you are considering relocating this year I recommend you contact us early for detailed advice” says Stephen. "Take-up is continuing and availability is reducing so rents and prices may rise and off market knowledge will become key.”
A recent new warehouse instruction at 2 Lower Farm Road is generating interest: the property comprises 13,000 sq ft on a site of 0.6 acres and is available To Let at £50,000 or For Sale at £600,000.
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.