David Walker Commercial News Blog
28th March 2016
Peace be with everyone.
4th August 2015
David Walker Commercial has completed its first year of independent trading, since David separated from local Estate Agent Yates Walker on 1 August 2014.
The first year has seen Sales and Lettings of all types of commercial property across and around Corby.
There has been industrial activity on all of Corby's main Estates, including Earlstrees, Willowbrook, Weldon North, St James, Oakley Hay and The Grove.
David Walker Commercial have also been the most active Agent on Corbygate with lettings at Adelaide House, Canberra House, Darwin House, Melbourne and Perth House, including obtaining what is probably the Estate's record rent in recent years.
With an improving market there is need for more commercial property.
If you are thinking of selling or letting, contact David Walker (no obligation.)
More property is required for waiting applicants.
Particularly, small industrial workshops, freeholds up to 5,000 sq ft, main road opportunities and investments.
View our selection of deals from the past year
Business Times Corby Feature
1st March 2015
The March edition of Business Times had its main property feature on Corby, with articles submitted by David Walker Commercial.
DAVID Walker Commercial may be the newest property agent in Corby, but David himself is synonymous with all types of commercial agency and valuation in the town, having been a founding director of Yates Walker back in 1992.
He broke away at the end of 2014 to form a specialist commercial agency and valuation practice acting on property throughout North Northamptonshire, but particularly in and around Corby. The benefit of all those years experience and knowledge of the town is the fundamental bedrock of David Walker Commercial.
Commenting on recent events he said: “The Corby market has improved significantly during the last 12 months, with steadily growing demand, and a shortage of decent quality industrial and office buildings in particular.”
He reports that one of the new factory units that have just been completed on the £1m Crawley House redevelopment is under offer, with the remaining 5,860 sq ft available at just £28,000pa for a new building completed to an excellent specification including heating, lighting, office and powered loading door.
On behalf of Cedar House Investments David also completed the sale of the last office on the Headway Business Park, to a local investor, who is looking to let the never occupied air conditioned office as either an entire building or in 2 separate suites from only £9,000 pa, or about £10 per sq ft. A highly competitive rent for what is probably the best self-contained office suite in Corby, where neighbours include Moore Stephens and Lamb and Homes.
Elsewhere at Corbygate, there has been some consistent take up of the studio and office space, with David reporting several lettings at Adelaide, Canberra, Darwin and Melbourne House. This has included transactions with options for the Tenant to purchase, with sales progressing whilst the tenant is in occupation. Other two-storey business units are still available with rents starting at just £4,600 pa, and sales from £60,000.
Again he reports that better specification offices are realising higher rents, with another air-conditioned Corbygate office having recently been let at a record rent for the estate.
Demand also remains high for freeholds. This has been the case on smaller industrial buildings where demand has outstripped supply for some time, but the market also now has a growing appetite for larger units.
David Walker Commercial have been involved in a number of sales already, including 12,000 sq ft on Earlstrees, which was a building in need of comprehensive refurbishment. Purchased by a local contractor, work is under way, with an agreed letting on completion.
David is seeking more business opportunities, due to a growing list of applicants looking for the right property to fulfil their expansion needs. He offers a personal service, based on an established track record and vast experience in the local market.
David is able to offer selling, letting, and acquisition advice together with a host of professional services on rent reviews and lease renewals, as well as professional valuations, as he is an RICS Registered Valuer.
Contact David Walker Commercial can be contacted on 01536 771588
5th February 2015
The market for freehold properties continues to strengthen with demand from both occupiers and investors.
David Walker Commercial have recently completed 2 sales, with 4,000 sq ft on Willowbrook being sold to an owner occupier, whilst on Earlstees, a 12,000 sq ft building in need of comprehensive refurbishment was sold to a local investor, who has started work on the project with a view to letting it.
There is a growing list of outstanding enquiries for all types of industrial property in particular. If you are considering a sale, call David Walker, who will offer realistic and impartial advice in order to achieve the best price possible in your required time-scale.
2nd February 2015
David Walker has recently let a number of Corby offices including several on the Corbygate Business Park. Titanium and Borders Project Management have both taken competitively prices smaller offices, whilst expanding local company AGM Telematics have taken a large office suite in Adelaide House.
Elsewhere, David Walker Commercial have also recently let further offices at Ryder Court and Oakley Hay Lodge, with signs of increasing demand for modern office space, from both local and incoming companies looking to relocate into the town.
Saxon House Completion
26th January 2015
On behalf of Cedar House Investments, David Walker Commercial have completed the sale of the last office on their Headway Business Park scheme. The sale is to a local investor, who is looking to let the never occupied air conditioned office as either an entire building or in 2 separate suites from only £9,000 pa, or about £10 per sq ft. A highly competitive rent for what is probably the best self-contained office suite in Corby, where neighbours include Moore Stephens and Lamb and Homes.
Crawley House Completes
19th January 2015
UP FROM THE ASHES
After a devastating fire demolished four industrial units on Corby’s Willowbrook Industrial Estate back in March 2012, David Walker Commercial has just released two new units that comprise Phase 1 of the Crawley House redevelopment which have just been handed over by builders Princebuild.
With rents from just £4,75 psf, Corby has what is possibly the cheapest brand new industrial units in England!
Crawley House, on the Willowbrook Industrial Estate has been the subject of £1m building contract. Two factories totalling 13,700 sq ft have just been completed.
David Walker Commercial are the letting Agent on the scheme. According to David, he has secured a letting on the larger unit, which is under offer to a “household name”, leaving 5,860 sq ft available at a commencing rent of only £28,000 pa.
The project was completed on time by Princebuild on behalf of Belljoy Limited, following the insurance claim.
A short video is available showing, through time lapse photography, the project being delivered in 27 weeks from clearing the site through to practical completion, at videobuild.
Crawley House has been finished to an excellent standard, far above the typical finish of a speculative development. Each building has a fitted office with central heating, carpet, lowered ceiling and kitchenette. Toilets with electric hand driers, and a clear span clean warehouse or production area with gas heating, lighting and a powered electric loading door.
David Walker believes the scheme offer excellent value for money, and that rare commodity, a modern, new, clean, low maintenance efficient factory at an ultra competitive rent.