Like so many cities and towns in
the UK, Brighton & Hove have the
major problem of a lack of prime
Stiles Harold Williams, which
was founded in 1798 and has
branches across the south east,
including Brighton, Crawley and
Croydon, is re-branding as SHW.
Managing Partner, Martin Clark,
said: “Having a strong commercial
management business is a great
advantage for the firm, giving us a
solid foundation”. The firm manages
a commercial portfolio of £1.6 billion
which provides half its annual
turnover of £12 million.
SHW have analysed the current
market in the context of “Brighton
& Hove being a vibrant commercial
city restricted by a lack of new space”.
SHW makes the following points:
There is about 445,920 sq.metres
.) of office
space in the city of which
13,935 sq.metres (150,000sq.ft
is vacant, much of which is of
low quality so the real vacancy
rate is near 3%;
Space on the periphery of the
city is vulnerable to residential
Planning permission has been
given for 5,574 sq.metres
.) of Grade A space
to be built by McAleer & Rushe,
who have already chalked up one
new success with City Viewadjacent to
the railway station. That was the
first speculative scheme in 20
years. Rents for Grade A are
£301.28 a sq.metre (£28 asq.ft.
Aberdeen Asset Management has
refurbished 3,716 sq.metres
.) at Mocatta House,
SHW’s Emma Hards said: “The office
market in Brighton is strong with a real
variety of occupiers looking for new
space but there is a lack of good quality
offices and if more were available
there are the occupiers to take it”.
What has happened is that
companies like Spaces (the creative
arm of IWG, formerly Regus), have
opened up in the city. Spaces has
opened in the refurbished Mocatta
House. The company’s Richard Morris
commented: “The centre has been
designed to cater to the varying
needs of Brighton’s professionals
and provides a range of space for
meetings, networking and so on”.
In the heart of East Sussex near Uckfield, Salmon Harvester has secured
a pre let for a 1,858 sq.metres (20,000 ft) industrial building.
The warehouse has been taken by Gunnebo, a safety equipment supplier,
at Ashdown Business Park, Maresfield on a 15 year lease. The building will be
completed in mid 2018.
Doug Stewart of Salmon Harvester said: “This is an example of our
knowledge of the occupational market combined with our ability to source
first class products off market”. Fraser Whyte and Hoddell Stotesbury Morgan
Ashdown Business Park is at the junction of the A272 and A22 providing
links to the coast and south east.
Otterpool Park, Kent is one of
the recipients of a £2.5 million
government fund to underpin the
building of garden towns and
garden villages in the UK.
It is one of a number being built
in the south east in such places as
Didcot, Bicester and Basingstoke.
The aim is to provide 220,000 new
The government money is to help
local authorities and communities to
speed up the development process
which will also bring new community,
leisure and commercial schemes.
towns and villages
Commercial Property Register
November 2017 - March 2018www.compropregister.com
Cummings House, Wotton
Road, Ashford, Kent TN23 6LN
premises with offices and yard.
The property is situated
only 2 miles from Ashford town
centre. Ashford is one of Kent’s
designated growth centres.
Cummings House is only
1.5 miles from Ashford International
Railway Station and the Channel
Tunnel terminal is 14 miles away.
Junction 10 of the M20 is 3 miles
away. The area has a fine
communications network via the
A20/M20 and mainline railways.
All mains services
T5 Energy Saving Lighting
Phase 3 Power
Wet radiator gas heating
system to offices
Gas warm air heating to
Minimum height to eaves: 12 ft
Side loading access to factory
New CCTV System
New Alarm System
EPC: C (56)
Leasehold - £97,500 pa
Guide Price £975,000
For further details and
viewings, please contact sole
agent: Richard Stafford,
Stafford Perkins 01233 firstname.lastname@example.org