Cheltenham's commercial property market remains buoyant
PUBLISHED: 17:21 11 June 2018
ASH Chartered Surveyors have completed the sale of five significant properties since the beginning of 2018, with total proceeds exceeding £5 million
ASH Chartered Surveyors are delighted to report that the commercial property market in Cheltenham remains buoyant having completed the sale of five significant properties since the beginning of 2018, with total proceeds exceeding £5 million from their Cheltenham office.
Agent Harry Pontifex reports that the sale of office and industrial premises with or without development potential have been subject to competitive bids reflecting a continuing shortage of supply, a healthy demand and assisted by continuing low interest rates.
Elsewhere in the county, several new industrial developments are well advanced at Gateway 12 Business Park, Gabwell Business Park and Littlecombe Business Park which reinforce confidence in the area and will provide occupiers with much needed opportunities from approximately 1,300 sq ft to 63,500 sq ft.
ASH Chartered Surveyors were established in 1989 and operate from offices in Gloucester and Cheltenham to provide a full range of services including: residential block management, commercial management, commercial sales and lettings, acquisitions, valuation and lease renewals and rent reviews.