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Commercial property

Rent commercial property in Market Harborough

Did you know that Naylors Estate Agents don’t just specialise in domestic properties? We also have significant experience in commercial property sales and lettings in the Market Harborough area and beyond.

Market Harborough’s commercial property experts

We pride ourselves on knowing all there is to know about Market Harborough’s property market, and that includes its offices, retail spaces and industrial areas. Harborough is ideally located for commercial property, with easy and speedy access to London, Birmingham and Manchester, as well as having a thriving town centre, business parks, and industrial estates.

We are constantly on the look out for new commercial properties, so whether you are looking for the perfect location for your business, or have a unit that you would like to sell or rent, call us today on 01858 450020.

 

 

Church Street helps restore residents’ faith in independent shops 

Church Street commercial unitsMarket Harborough is a popular location in which to live, work, and visit for many reasons, including its picturesque nearby countryside, easy access to several of the country’s motorway networks, and historical town centre. The fast 1 hour commute to London is also a big plus for many transitioning between life in the city and country.  However the feature that makes Harborough stand out against many modern town centres is its status as a market town with a thriving independent shopping scene.

One of the key factors that means so many national surveys put Market Harborough as one of the ‘best towns’ to live in is the thriving independent shopping scene in the town centre. Whilst many towns and cities can be described as ‘clone towns’ each with a seemingly identical set of national chain stores, Harborough is fortunate to have more than its fair share of traditional family-run shops as well as enterprising new businesses.

Although many national retailers – including supermarkets such as Sainsbury’s, Tesco and Waitrose -have a strong and welcome presence in the town, it is the independent retailers that give the town much of its character.

In the past year this has taken the form of ‘shabby chic’ retailers – with 3 opening up in the town in recent months. The Great British Bake Off and the popular revival of artisan bread-making seems to be a current trend in new retailers, with new shops opening in the town that are following in the demand for freshly baked local food.

At the epicentre of the town – and the very heart of its local shopping sector is Church Street. Running through the town’s centre and ending at St Dionysius Church, it is Harborough’s stand out independent shopping destination. With a wide range of boutique stores, bakeries, public houses, butchers and high end clothing stores, the cobbled street is bustling with independent stores in Market Harborough.

Naylor’s currently have one unit available on Church Street, with two floors of office or workshop space as well as an attic and cellar. The property extends to 1400 sq. ft, benefits from A1 retail use and would be suitable for a variety of uses (subject to planning).

The unit could be the perfect launch pad for a new business, or a bricks and mortar expansion for an existing smaller business that may have been operating only online.

To find out more about the Church Street unit, click here

Commercial units in Market Harborough

Naylors Estate Agents have a wide range of commercial units available for premises suitable for start-ups through to far larger commercial units on local Harborough Industrial Estates.

To find out more about renting or letting commercial units with Naylor’s Estate Agents, visit ww.naylorsestateagents.com

1000s of new houses to be built in Harborough in next decade

It has been revealed that around 700 new houses will be built in the Harborough district within the next year, following the council falling behind its new annual housing target in 2014.

With this in mind, the council has admitted that planning applications for housing in the district will be ‘treated more sympathetically to try to raise the build rate’.

However, once the shortfall is compensated for, the council will settle back into its ‘normal’ annual quota. With this quota in place, around 9,500 homes will be built in the next 20 years.

Government house building guidelines

The council believes that the government is forcing Harborough to build too many homes in the area. Stephen Pointer, the council’s strategic planning services manager comments: “We’re following Government guidelines. We haven’t got room to manoeuvre.”

Why do so many people want to move to and live in Harborough?  According to many it’s the close proximity to London as well as several local attractive towns and cities.  Others site the rural location, excellent town centre and strong community spirit. Contact Naylors to find out more about living in Market Harborough or surrounding area.

Driving a Hard Bargain

It has been well documented in this column over the last few months that the market is extremely difficult and that buyers are fewer in number and are determined to drive a hard bargain.

As the market conditions are likely to stay this way over the next few winter months something that all sellers should be looking at is the presentation of their properties.  When there are viewing its important that the property is presented to its best ability in order to excite the viewers.

How to best present your property

The first consideration is decluttering rooms to allow viewers to see the scope and potential.  Remove excess furniture and efforts.  People should be able to walk around the room looking out of windows and imagining were their furniture would go.

More substantial improvement has to be redecorating and in this respect a fresh coat of paint will do wonders to lift a room.  Also perhaps a new carpet, neutral in colour and design, will brighten up the room and give the home a more modern and spacious feeling.  Don’t forget the external painting as well as this is often overlooked and provides the most important first impressions.

We believe that allowing agents to accompany viewers is more likely to generate a sale.  Buyers can relax in our company, we might well have met them already and there is the ability to talk freely and encourage that second viewing or offer.

Garden improvements are difficult in winter but might it be time to refresh the photos to show a more seasonal outlook.  A brown lawn will imply that the property has been on the market for some time.  On the subject of particulars might the addition of floor plans or location plans help?  Can the wording be improved?

First impressions count when viewing a property for sale

As an estate agent we carry out hundreds of viewings every year and it is though those experience that we who know how crucial the first 5 minutes of every viewing is.  Certainly a cheery smile to welcome the viewers, a polite welcome, a tour that will show the best features of the property first, general comments that will help such as how the sun moves around the garden or kitchen.  We know also that silence is golden and that it means that the viewers are considering the property and not just making small talk.  Perhaps a bit of improvement advice of where to install the ensuite or conservatory.

The market is difficult which means that every possible lead has to be worked and maximised.  That way not only will you be proud of your home but you might be negotiating on your new home some that you though. Happy house hunting.

 

 

Rental Properties Take Off

Anyone who regularly follows this article will have pieced together the fact that the autumn has been disappointing from the sales prospective.  There are many reasons for this which have previously been explained albeit from the difficulty of acquiring lending, shortage of stock and of course the reduced confidence in the overall economy.  As we enter the darker winter months the sale of property gets harder.  I believe that over the last few years this has been more and more the case.

Rental sector demand

However as one sector slows down the rental market appears to be flat out.  Certainly from our position we have rented all our available properties in quick succession.  The reason appears clear to me.  Individuals and family need roofs over their heads and if they are not going to purchase then renting is the only other choice.  In fact the Association of Residential Lettings Agents (Arla), say some 70% of member offices are saying demand now outstrips supply.

We have seen flats and house that are well presented in great demand and often the landlord is in an attractive position where they can select a tenant from an attractive short list.  This is important because different landlords have different objectives therefore it is appealing to have the opportunity to consider the best candidate for the property.

Buy to let investors

This upturn in rental demand has also been of encouragement to the buy to let investors.  Indeed we are seeing a resurgent in the property investor after all the doom and gloom of the last few years. The difference is that these investors are much more cash oriented and will not be susceptible to increases in interest rates.  The investors are attracted by the high yield that can now be achieved in the market especially compared to the bank interest they would have been receiving on deposits.

The interesting analysis is that with the increasingly difficult sales market there is considerable opportunity still existing for investors.  Coupled with demand from tenants such buyers can purchase with the confidence that they can secure good quality tenants in the right sort of properties.  With the general uncertainty in the economy such security could well be attractive in the short to medium term.

Energy assessments – are they worth the fuss?

Anyone marketing or renting a property in the last few months should have been visited by a DEA, not a drug enforcement agent, but a Domestic Energy Assessor.  What it all about and is it worth it you might well have thought.

The starting point to this issue is the crazy situation that there are some properties out there that seem to be intent on heating half of Market Harborough.  The poorer your property is insulated the worst you are going to be as the heat escapes through the walls, windows and loft.  This is a crazy waste of your money as well as a rather reckless use of the world’s resources as well as contributing to “global warming”.

An assessor is now required to visit all residential properties that are to be marketed for sale or rent.  Indeed there are further rules for industrial and commercial property and the need for them to be assessed.  However here I will concentrate on residential property.

The assessor will need to inspect and measure many of the components of the house including the boiler, loft insulation, windows, walls and roof construction, light bulbs and electric meters.  In addition the age of the property has to be established as this has a crucial effect on the rating.

All this data is then fed in to the software which will produce the rating and the standard recommendations.  The most energy efficient are Grade A and the worst Grade G.  The average for England is Grade E.  Recommendations include cavity wall insulation, double glazing, extra loft insulation, a more efficient boiler, more low energy light bulbs, internal insulation, wind turbines and solar panels.  The report also predicted what you current energy cost are and what they could be after those improvements.

What’s all the fuss about then?

On the negative side there are criticism that this is more regulation and cost to be paid for by the estate agent and homeowner or landlord.  There is a frustration with interference for European and the nanny state.  A reality that with such a diverse housing stock there can never be a one size fits all solution.  Will the purchaser of a £Million property be put off because there were solid walls in the 18th Century Rectory. Fair points.

On the other hand wasting money by heating up your street rather than your home is not sensible.

William Naylor practise at Naylors at 12 The Square and is an estate agent and domestic energy assessor.