News

Trebor and Hillwood exchange contracts to buy Crow Lane site
An eight-acre site in Northampton which is earmarked for two industrial buildings is set to be acquired. Trebor and Hillwood have entered into a contract to buy the land at Crow Lane and propose to speculatively develop two units of 90,014 sq ft and 57,834 sq ft. Site...

1&2 Stephenson Close, Daventry taken by Brian James Trailers
Drake Commercial are delighted to confirm the letting of 1&2 Stephenson Close to Brian James Trailers. 1&2 Stephenson Close is a high eaves warehouse facility comprising 50,000 sq ft, located on the Drayton Fields Industrial Estate. The property had previously...

14 Telford Way sold to builders merchants
Acting on behalf of a private client, Drake Commercial are delighted to announce the sale of 14 Telford Way, Kettering. 14 Telford Way, 28,333 sq ft was acquired by Joseph Parr Group Limited, the builders merchants who will run a new branch from the unit following...

New Daventry HQ for Axon UK
Drake Commercial are delighted to have let 14 Sopwith Way to Axon UK. Drake Commercial & Drake Howard acted jointly for the landlord of the building. Cushman & Wakefield acted for Axon UK. 14 Sopwith Way comprises circa 22,000 sq ft of high quality industrial...

WAREHOUSE INVESTMENT SOLD IN NORTHAMPTON
Drake Commercial have completed the sale of a warehouse investment on the Lodge Farm Industrial Estate, Northampton. LF50 which extends to 49,443 sq ft and had been subject to an extensive refurbishment is let to Transglobal Freight Management Ltd for a term of 10...

8 Carousel Way, Northampton let to Revive Group Limited on behalf of Orchard Street Investment Management
Drake Commercial are delighted to announce the letting of 8 Carousel Way, Northampton to retail returns specialist Revive Group Limited. Acting on behalf of Orchard Street Investment Management for the BBC Pension Fund, Revive have signed a long term lease at a rent...

2 Mansard Close, Northampton let to Ubbink (UK) Ltd
On behalf of Paloma Capital, Drake Commercial have let 2 Mansard Close to Ubbink (UK) Ltd on a long term lease. 2 Mansard Close is a semi detached modern distribution facility measuring 24,024 sq ft which was available at a quoting rental of £180,000 per annum. The...

Unit D Swift Point Sold to Colmore Capital
Drake Commercial are delighted to have sold Unit D Swift Point to Colmore Capital. The vendors were Baileigh Industrial who have rebranded as Tool France and relocated to the newly developed Stepnell Park. Purchasers Colmore Capital intend to carry out a substantial...

Keen & Able take warehouse space in Northampton
Acting on behalf of Quidnet REIT Ltd, Drake Commercial have recently completed the letting of a 40,000 sq ft distribution facility on Round Spinney in Northampton to Keen & Able Ltd. The property which was available at a quoting rental of £220,000 per annum has...

Drake Commercial remain open and serving the commercial property market
Having reviewed the latest guidance, we are pleased to confirm that we remain open and able to offer viewings and all our other services in as normal a manor as possible, during this new lockdown period running from 5 November to 2 December 2020. The safety and...