The North West
Brent Forbes - Petty Commercial M
uch has been written about the struggles of the British high
street, with many commentators primarily forecasting its death knell as a result of the growth of e-commerce and the on-line shop.
Brent Forbes
These challenges don’t mean the end of the high street, but they do highlight that it is essential for all stakeholders in the health of our town centres to recognise the threat and to adapt in order to continue to attract people.
The way to do this is to offer something that can’t be replicated online. More enlightened developers and local authorities are achieving this by adjusting the planning emphasis, allowing a greater mix of retail, leisure, food & beverage outlets (F&B), office and residential and
In Burnley we’ve managed to use all of these to good effect. By changing our perception of what a successful town centre looks like, and refocusing on flexibility and “placemaking” we have the opportunity to create vibrant hubs, which cater for our diverse commercial, leisure and social needs.
Burnley’s out of town commercial developments are also sort after, Chestnut Business Park being a case in point. It is situated midway between junctions 8 and 9 of the M65 so has excellent connectivity right across the north west and beyond. A development of purpose built high bay warehousing that extends to approximately 300,000 sq.ft.
A percentage is owner occupied and the remainder is tenanted. Acting on behalf of the landlords we recently negotiated two separate lettings. Each were 13,350 sq.ft and incorporated offices with good loading and parking facilities with the added advantage of being able to incorporate the incoming tenants specific demands
creating an “experience” of visiting a town centre. It can’t be denied that F &B operators attract people and nationally they now account for almost 15% of total unit take-up in the last 12 months.
By relaxing the number of F&B outlets traditionally allowed it has helped address the decline in footfall which has a positive knock on effect for other businesses on the high street too. Couple this with securing key anchor tenants and the opportunity to use retail and old office space for much needed housing and the look and feel of our high streets could be saved. Planners and local authorities should see town centres as places for the community to live, meet, socialise, work and shop.
Taylor Weaver T
regarding office, canteen, and staff facilities. The Tenants Futaba Manufacturing Ltd and Birchall Food Services Ltd signed leases based on £4.00 per sq.ft. There was considerable interest at the time the properties were offered and in view of the success, the clients have released a further 25,000 sq.ft unit.
Please visit
www.pettycommercial.co.uk
aylor Weaver, based in Blackburn and Chorley, have continued to do a series of significant deals across the region in recent months. In the past couple of months Taylor Weaver have completed a number of lettings and sales across all three sectors, with some of the deals listed below.
Industrial - Former SG Aluminium premises, Johnson Way, Shadsworth Business Park, Blackburn
25,624 sq. ft high quality modern industrial warehouse let to expanding local business in July 2018
Office - Ribble House, Meanygate, Bamber Bridge, Preston, PR5 6UR
13,755 sq. ft office letting to Lancashire Care NHS Foundation Trust in June 2018
68
Retail - The Rocket Centre, Trident Way, Blackburn
21,550 sq. ft. former dealership sold in June 2018 to hyper car manufacturer, Lister Motors
Taylor Weaver have also recently set up a property management team, which will be handling a number of clients’ property portfolios. This will include asset management, rent collection, property maintenance and lettings.
If you are interested speaking with someone regarding the property management or any other services then please contact James Taylor on 01254 699030.
Details of all Taylor Weaver’s available properties can be found on their website at
www.taylorweaver.co.uk
COMMERCIAL PROPERTY MONTHLY 2018
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85
