News
M&G Real Estate buys 274,000 sq ft Northampton Industrial Estate
M&G Real Estate has acquired a 274,000 sq ft multi-let industrial estate in Northampton from Pears Property Group. The Brackmills Central industrial estate comprises 32 units and is currently fully let to 23 tenants who service both local and national markets. In... read moreNew business rates multipliers for 2019/20
The new business rates multipliers have been announced for 2019-2020. 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... read moreDrake Commercial acquire new £1m Clerkenwell Showroom for Ideal Standard
Drake Commercial have acquired a new showroom facility on behalf of retained clients Ideal Standard. Ideal Standard, one of the world’s leading manufacturers of bathroom solutions, are opening their new £1 million showroom in London’s design hub, at Drapers House,... read moreDrake Commercial instructed to market 310,000 sq ft industrial and logistics development in Northamptonshire
St. Modwen has been granted planning consent for a 310,000 sq ft industrial and logistics park located at the northern end of Stanton Cross, Wellingborough. This represents the first milestone for the planned 1.5million sq ft of commercial development at the site. ... read moreDrake Commercial win number of EG awards
Drake Commercial are delighted to have received national recognition for their work over the past 12 months. Following on from being ranked as one of the top five industrial agents in the East Midlands in the annual Estates Gazette 2019 Deals competition, Drake... read moreDevelopers backing Daventry but more variety needed.
Despite the ongoing Brexit uncertainty, industrial developers are backing Daventry to continue to succeed. There are a number of not just proposed new schemes, but some are actually under way and being speculatively built. Canmoor are currently on site at Mustang... read moreTom Drake completes Bath Half for NAB
Drake Commercial Partner, Tom Drake has completed the Bath Half Marathon, raising money for the Northamptonshire Association for the Blind (NAB). Tom completed the course in a time of 1 hour 29 minutes 45 seconds which put him in the top 10% of male competitors to... read moreInvestment sale completed at Cornwell Business Park, Brackmills
Drake Commercial, along with joint agents, Hadlands are delighted to announce the sale of 35-41 Cornwell Business Park, Northampton. The estate which was fully let comprised 4 units totalling 21,671 sq ft. Joe Smith, Partner at Drake Commercial commented... read moreDrake Commercial moves to new Northampton office
Drake Commercial are delighted to announce that we have relocated our Northampton head office. Our new address is Seymour House, Queenswood, Newport Pagnell Road West, Northampton, NN4 7JJ. The company, were previously based in the town centre for approximately... read moreFlurry of lettings following full refurbishment at Wollaston Park
Drake Commercial on behalf of the landlord Eskmuir have completed a number of lettings at Wollaston Park, Wollaston over the past 12 months. Wollaston Park has undergone something of a transformation with a comprehensive refurbishment being rolled out across all the... read more