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Trevor Dawson - The Deal
Trevor Dawson
 

Welcome To The Deal, February 2018

At this time of year many of us are looking to the future and are trying to anticipate what the year ahead may hold. Last year was a year of uncertainty, dominated by Brexit, or so the press would have us believe. Yet here in East Lancashire / North Manchester we saw the property markets continuing to improve, certainly in the industrial and better quality office sectors. Good quality industrial space has been in short supply and increased demand has seen an upward pressure on prices and rents. There has been limited new industrial development since the credit crunch in 2008, although the new developments that have taken place in the area including Burnley Bridge Business Park and Pendle Court Nelson have proved successful in securing early sales and lettings.

The retail sector is having to adapt to both to consumer uncertainty and changing retail habits. The results for the Christmas period show mixed fortunes for the major retailers with the discount food retailers Lidl and Aldi, Tesco, John Lewis and others seeing increased year on year sales whilst Marks & Spencer, Debenhams and House of Fraser have posted disappointing results. The growth of online retail has continued, which itself has had an effect upon the warehousing market in this area.

Peter ConroyMany businesses in East Lancashire and North Manchester appear determined to take advantage of the changing environment. There are challenges ahead in the property sector with the introduction of the Energy Efficiency Regulations, potential changes to building regulations in the light of the Grenfell disaster and the effects of changing retail habits upon town and neighbourhood centres. Nevertheless the signs are positive for those willing to embrace change.

Peter Conroy
Director
Trevor Dawson

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Energy Performance Certificates – April Deadline Looms

Energy Performance Certificates – April Deadline Looms

In April the private sector rented regulations will take effect.

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Letting Achieved At Valley Forge Business Park

Letting Achieved At Valley Forge Business Park

Acting on behalf of the landlord's of Valley Forge Business Park our Burnley office has recently completed a letting to Weldsmart Limited of Unit 7.

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2.76 Acre Residential Development Site Sold To Calico

2.76 Acre Residential Development Site Sold To Calico

Our Burnley office has recently completed a sale of a residential development site at the edge of Padiham town centre to Calico.

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It Really Was Amazing

It Really Was Amazing

Community football club Accrington Stanley recently hosted a conference for business leaders under the newly form banner of "Amazing Accrington".

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Is Lancashire a Partner In The Northern Powerhouse

Is Lancashire a Partner In The Northern Powerhouse

We urge our Councils to come together as one voice.

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Opportunities

Network 65  Business Park
 
Network 65
Business Park

Office
Nelson
Read more >
 
Hair & Beauty Salon
 
Hair & Beauty
Salon

Salon
Blackburn
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FP1 Frontier Park J6 M65 Blackburn
 
Frontier Park
J6 M65

Speculative Unit
Blackburn
Read more >
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Deals

Two Trade Counter Deals Recently Completed
 
Two Trade Counter Deals Completed
Trade Counter
Burnley/Nelson
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International Envelope Company Relocates To Blackburn
 
Envelope Company Relocates
Warehouse
Blackburn
Read more >
 
Landmark Office Building Sold
 
Office Building
Sold

Offices
Blackburn
Read more >
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BLACKBURN | 01254 681133
BURNLEY | 01282 458007
BOLTON | 01204 860246
Moving Forward
Trevor Dawson