Encouraging signs for commercial property in 2014
Burley Browne are experiencing an emerging level of confidence returning to the commercial property market and are full of optimism for the year ahead.
Despite another challenging year, Burley Browne are pleased to report a significant increase in the level of enquiries for the final quarter of 2013 and a noticeable rise in the number of sales and lettings being agreed and completed.
David Hemming, Director of Agency at Burley Browne commented:
“Whilst we have not returned to pre-recession levels, the activity that we are experiencing in all sectors is extremely encouraging and bodes well for the coming year. From our Head Office in Sutton Coldfield, Burley Browne are unique in providing specialist commercial property advice and knowledge of the north Birmingham and Staffordshire areas including Sutton Coldfield, Lichfield, Tamworth and Walsall whilst also serving the wider West Midlands region.”
Notable deals include the freehold sale of over 14,000 sq ft of high quality business space accommodation on Reddicap Trading Estate in Sutton Coldfield, c12,000 sq ft of offices in Curdworth and the letting of c18,500 sq ft of warehouse accommodation in Northgate, Aldridge.