September 2015


New report shows 7.5% vacancy rate across entire UK warehouse market

New report shows 7.5% vacancy rate across entire UK warehouse market

30 September 2015

According to a report by Savills, in association with UK Warehousing Association (UKWA), the total volume of existing warehouse space in the UK stands at 424  million sq ft (39,390,889 sq m) with a nationwide vacancy rate of 7.5%. This falls to 4% within the M25. The research quantifies warehousing stock in the UK for the first time ever and highlights the critical lack of supply and development in the market.

 
 
Dorchester's Doles Ash Farm changes hands for £2.37 million

Dorchester's Doles Ash Farm changes hands for £2.37 million

30 September 2015

International real estate advisor Savills, on behalf of a private client, has sold Doles Ash Farm in Piddletrenthide, Dorchester to a private individual from a guide price of £2.37 million.

 
 
Prime London homes continue to feel stamp duty effect

Prime London homes continue to feel stamp duty effect

30 September 2015

Prime London house prices grew, but only marginally, over the summer months as the market continues its adjustment to the higher stamp duty charges introduced in December 2014, taking average values back to levels seen a year ago, according to the Savills prime London index.

 
 
Booker Cash & Carry fetches £1.05m, Kings Lynn

Booker Cash & Carry fetches £1.05m, Kings Lynn

30 September 2015

On behalf of HTS Estates Ltd, international real estate advisor Savills has sold Booker Ltd Cash & Carry on Hardwick Industrial Estate in Kings Lynn, Norfolk to W & J Parker Ltd for £1.05 million, reflecting a net initial yield of 6.82%.

 
 
RMD Kwikform site sale, Cardiff

RMD Kwikform site sale, Cardiff

30 September 2015

On behalf of Charnwood Holdings Ltd, international real estate advisor Savills has sold the freehold investment of the RMD Kwikform site on Penarth Road in Cardiff to private purchasers for £750,000, reflecting a net initial yield of 7.68%.

 
 
New Chesterfield leisure scheme launched

New Chesterfield leisure scheme launched

29 September 2015

Jomast Developments has appointed Savills and West Mark Estates as letting agents at its new Chesterfield Elder Way mixed-use leisure development on the site of the former Co-op Department Store in Chesterfield town centre.

 
 
Rate of farmland value growth in GB showing signs of slowing

Rate of farmland value growth in GB showing signs of slowing

29 September 2015

Alex Lawson Director of  Savills farms and estates comments, “There are signs that the growth in farmland values is slowing. Our initial assessment of values at the third quarter of this year indicates that the average value of all types of farmland across Great Britain dropped very slightly by -0.5% during the year to around £7,340 per acre”.

 
 
£1.35 million sale success for Lower Elsford Farm, Dartmoor

£1.35 million sale success for Lower Elsford Farm, Dartmoor

25 September 2015

International real estate advisor Savills, on behalf of a private client, has sold Lower Elsford Farm in Dartmoor to a private individual from a guide price of £1.35 million.

 
 
Savills expands licensed leisure with appointment of new director

Savills expands licensed leisure with appointment of new director

24 September 2015

Savills has recently boosted its national licensed leisure team with the appointment of Chris Bickle who joins as a director at the firm’s Southampton office.

 
 
One year on from the Referendum and Scotland's real estate market is attracting investors from across the globe, according to Savills Research

One year on from the Referendum and Scotland's real estate market is attracting investors from across the globe, according to Savills Research

24 September 2015

One year on from the Referendum, and despite political and fiscal changes, Scotland’s real estate market is attracting investment across the residential, rural and commercial sectors, according to Savills Research launched today (23rd September 2015) in Glasgow.

 
 

Key Contacts

Victoria Buchanan

Victoria Buchanan

Director
Commercial Press Office

Savills Margaret Street

+44 (0) 7870 999 653

 

Jamie Jago

Jamie Jago

Director
Residential Press Office

Savills Margaret Street

+44 (0) 20 7016 3880