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New business rates multipliers announced.

The new business rates multipliers have been announced for 2018-2019. These will apply to Rateable Values as follows: Below £12,000 will continue to be rates free, providing this is a businesses only operating property. Between £12,000 – £15,000 will qualify for...

Big boxes continue to drive the Daventry and wider market.

The industrial sector continues to set the pace across the whole of the UK and in particular the ‘Big Box’ warehouse market. This can be evidenced on a regional level across the Midlands, and even more so throughout the Northamptonshire M1 corridor, where developable...

Deal Agreed on Whittle Close Daventry to JRM Group

Drake Commercial are delighted to announce the letting of 1 Whittle Close, located on the popular Drayton Fields Estate in Daventry, which we marketed jointly with Lambert Smith Hampton. The property comprises 12,203 sq ft of high tech industrial / business space and...

£3.1m Industrial Investment Acquired for Clients

On behalf of clients, Drake Commercial have purchased The Winster Buildings on Manners Industrial Estate in Ilkeston, Derbyshire for a figure of £3.1m. The site comprises two industrial buildings including a 58,554 sq ft manufacturing facility and a newly constructed...

Flurry of deals at Brackmills Gateway

Acting on behalf of Royal London Asset Management, Drake Commercial have completed a number of lettings at Brackmills Gateway in Northampton. Along with our joint agents, TDB Real Estate, we have completed 3 new lease deals over the past few months. Thames Ambulance...

Denmark House Sold for Residential Redevelopment

Acting on behalf of the owners of 8 Billing Road Northampton (private investors), Drake Commercial have sold the freehold interest in this former office building for a price in excess of £400,000. The freehold sale was linked to the simultaneous surrender of the...