Market Harborough commercial market update from Wells McFarlane

Fast becoming recognised as one of the most dynamic commercial teams in the area, Wells McFarlane has an excellent reputation for handling the management, letting and sales of high quality, office, industrial and retail commercial properties in and around Market Harborough.

With a good level of demand, and the ability to respond quickly to clients’ needs, the team at Wells McFarlane can report a number of major deals recently completed in a variety of Business Parks in the Market Harborough area where they act as main sales and letting agents.

For example, latest lettings and sales at The Point, Market Harborough include:
• Office 18, 2,703sqft let to major fashion house Joules on a 14 year lease.
• Office 1, 3,958sqft  also let to Joules on a 14 year lease.
• In addition a unit of 1,512sqft at The Point was sold in January to RSAcademics Ltd, a business expanding from Uppingham into Market Harborough.

On the outskirts of the town, further deals include the letting of Drapers House in Lubenham. This character property had been trading as a successful antique business for many years and was placed on the market due to the owner’s retirement.  The ground floor retail space and two bedroom apartment above was successfully let on a 10 year lease to Realitas Community Arts in April of this year.

Plus more successful activity within the first 6 months of this year at the ever popular Kibworth Business Park:
• Letting of 1a, 1,129sqft to Premier Music International.
• Letting of 1b, 1,129sqft to Utility Trade.
• Sale of Unit 3, 1,930sq ft to SNK Investments LLP.

“This is definitely one of the county’s most popular areas for business development and relocation. The fast train links from Market Harborough to London are a strong pull for many businesses to the area along with superb road links.  We are currently marketing No 8 at The Point and are pleased to report a further 2,447sq ft is currently under offer at Kibworth Business Park,” Michelle Mills, director at Wells McFarlane commented. “We very keen to take on more office, retail and industrial stock in the area, so if anyone would like to discuss their requirements in more detail, please do get in touch.”