Commercial property market update

07/10/2008


pointAgainst the backdrop of extraordinary turmoil in the global economy, governments and banks are facing tough decisions to try and stabilise the situation.

However, from Fisher German’s offices in Knutsford and St Helens we continue to transact sales and lettings of commercial property.

It is undoubtedly the case that enquiries for office and retail rental space have reduced since July but there is still plenty of interest, particularly for small office units (less than 1500 sq ft) and prime town centre accommodation.

More than ever it is important that properties are fitted out to a high standard and well presented. There are more properties to choose from and potential tenants will not be tempted by a tired office building clearly in need of a complete re-fit which will cost both time and money. In addition good quality potential tenants require convenient access to the road network, ample parking and broadband provision. It is also important that adjoining units are occupied by compatible tenants.

Currently we are offering for sale a prime town centre shop in Knutsford (totalling just under 2,000 sq ft) and inviting offers in excess of £600,000. The property has been run as a very successful antiques centre and the owners are now retiring from the business. We have town centre shops available to let in both St Helens and Knutsford.

We are also offering a number of office units, which range in size from 465 sq ft to 5,500 sq ft. Guide prices range from £6.50 to £16 per sq ft to reflect location and quality of the accommodation.

For further information on commercial property contact our North West Commercial Property Services Team in Knutsford 01565 757970 or St Helens 01744 451145.

Important news - Energy Performance Certificates

From 1 October 2008 all domestic and most commercial properties require an energy performance certificate (EPC) when marketed for lease as well as when constructed or sold.

Click here to read more details

 


 


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