Commercial Market Update A strong start to the year

Welcome to our first Commercial Update of 2017

Despite the unexpected and unsettling political outcomes of 2016, our commercial team experienced an incredibly busy end to last year. The commercial property market remains buoyant and we are anticipating another record year, despite demand for properties outstripping supply.

High demand for industrial space continues, but this is coupled with decreasing levels of availability. Competition for small to medium sized units (1,000–10,000 sq ft) remains strong, and we have repeatably seen industrial space get snapped up in a matter of days.

The retail sector looks set to remain strong throughout 2017 and we anticipate that prime high street as well as out-of-town locations will remain desirable. We have seen an increase in ‘change of use’ being applied for, such as gyms, vets, restaurants, takeaways and bars.

The loss of office space to housing has had an impact on the market and we expect that buildings will continue to be converted or demolished in this way. Although this shortage of office stock results in less choice for occupiers, the general quality of office space should remain high.

If you have a commercial property to sell or let, get in touch with our commercial team to arrange a market valuation and we will help you find the right buyers or tenants.

Commercial Property Update

Click below to view our latest Commercial Property Update, which covers our recently let, sold and available properties.

For more information on any of the properties, please get in touch with our commercial team on 01903 201212 or commercial@michaeljones.co.uk.

Read our commercial property update here


Content accurate at time of publishing.

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  • Avatar aLL aLL ★★★★★ a year ago
    nice one
  • Avatar Elena Symes ★★★★★ 2 weeks ago
    Michael Jones are a great company who really helped us find a fantastic place to rent. Lisa and Harry were especially very helpful at taking our phone calls and responding really quickly to questions we had. We are really pleased with our … More new place and would recommend Michael Jones to anyone.
  • Avatar Guy Ngbokota ★★★★★ 3 weeks ago
    This is not about Michael Jones but one of their employee, Rob Stewards . Shout out you man and well done for the great service . Much appreciated. Keep it up . Rob was in charge of sorting thing out between my last landlord and myself … More at the end of the tenancy and helping return my deposit . For everyone renting , you know how it is always trying to get that money back. The landlords are always trying to make up stories in order to hold a chunk of your money . I cannot thank Rob enough for his outstanding wisdom in helping us to reach an agreement and avoiding dispute resolution . Although in the middle of the case , Rob went on holiday and things were not resolved as one of his colleague or rather manager tried . And my gut feeling was surely , Rob will get it sorted after his holiday and I was right . He got a compromise in no time .Many thanks Rob . God bless you and keep up the good work .