News
Drake Commercial sell town centre office building to NHS
Drake Commercial have completed the sale of Albert and Victoria House to the NHS. The semi-detached buildings, totalling 17,668 sq ft were recently refurbished to provide high quality open plan office accommodation in the heart of the town centre with the...
Radical Overhaul of Planning Use Classes Order
The government has announced a radical overhaul of the current Use Classes Order, which should enable change of uses more easily and enhance the letting prospects of many vacant buildings. The new system will come into effect from 1 September 2020. Previous use...
Drake Commercial Complete Letting of Distribution Facility to Trans Global Freight Management
Drake Commercial have let LF50 Lodge Farm Industrial Estate, Northampton, a 50,000 sq ft refurbished warehouse to Trans Global Freight Management on behalf of private investment clients on a new ten year lease. The occupier Trans Global Freight Management was already...
Stepnell Developments Completes Pre-Let at Ogee Business Park, Wellingborough
Stepnell Developments Ltd are pleased to confirm the completion of a new manufacturing facility for Double R Glazing on their established Ogee Business Park in Wellingborough. The detached building is prominently located at the entrance to Ogee Business Park and...
Drake Commercial complete a further investment transaction in Northampton
Drake Commercial, acting on behalf of a private investor, have completed the sale of an industrial investment on Lodge Farm Industrial Estate in Northampton. The property, let to Burnetts Manufacturing Ltd, comprises a detached industrial building of 12,715 sq ft...
Drake Commercial remain active despite challenging times.
Despite the unprecedented events of the past few weeks, which have been difficult for everyone, we have continued to generate and respond to enquires across the commercial property sector. Whilst the market has been undeniably difficult, particularly with the obvious...
Early Success at Triton Park
Despite the difficult times we find ourselves in, we are delighted to confirm the letting of circa 10,000 sq ft at Triton Park, Rugby. Triton Park is a high quality, multi let estate located on the popular Swift Valley employment area. With 3 units coming back in a...
Drake Commercial response to Covid-19
Whilst the health and safety of our employees, clients and contacts is obviously paramount Drake Commercial (DC) also acknowledges its responsibility to minimise the impact of the COVID-19 outbreak on the service it offers its clients, applicants and other contacts....
Business Rates Boost for Retail and Leisure operators
The new Government's first budget provided welcome relief for struggling retail and leisure companies. Properties with a Rateable Value of less than £51,000 will be eligible for complete relief from Business Rates, for the coming year. The initiative applies to firms...
Drake Commercial acquire £3.25 million unit in Oldbury for Lok’nStore
Fast-growing self-storage specialist Lok’nStore has bought 6 Churchbridge in Oldbury for £3.25m. Acting on behalf of purchaser Lok’nStore, Drake Commercial acquired the freehold of the newly-constructed 29,456 sq ft trade counter/warehouse from Travis Perkins to...