On a much smaller scale Deal Varney have also let 873 sq ft of warehouse space at Whittonditch near Ramsbury. This is a popular development of small workshop/warehouse units and the property was snapped up very quickly as units of this size are very much sought after and hard to find.
Latest news from Deal Varney
In recent weeks there has been a slight reduction in the level of enquiries for commercial property which is possibly seasonal but also could be due to the uncertainty as we await the outcome of the EU Referendum. It is typical for the commercial market to slow down when an election is imminent so we fully expect the market to pick up again in July. Despite this downturn there have been a number of transactions that have completed but the issues that are of main concern in the office and industrial markets is the lack of supply due to recent take up.
Disposals that completed during May include;
3,500 sq ft of warehouse at Argents Mere on Hambridge Lane. Occupied by a Newbury company relocating from the Bone Lane area, the building has been let by Deal Varney on behalf of the landlord IO2 Property Company Limited, for a term of 10 years.
Has finally completed with the operator, 7Bone, commencing fit out soon to provide a new burger outlet. The letting is one of a number of changes in the principal retail street that we will see emerge in the coming months.