100% Lettings Success at Eastwood Link
25th January 2017
What does it take to ensure that your property portfolio is fully-let? A lettings agent with the right contacts and years of market knowledge, of course. That’s why NG Chartered Surveyors was instructed by William Davis to market Eastwood Link, to help them – and that’s why the scheme is now at 100% occupancy.
The latest occupier to move into Eastwood Link is Your IT Department, which has bought the final available unit. The IT support services company will relocate its head office and operate out of the two storey, 2,711 sq ft building. Prior to this, NG handled a string of sales and lettings on behalf of the developers at the business park.
Sunny Landa, director at NG Chartered surveyors, added:
“We’re pleased to have helped William Davis achieve its goal of 100% occupation at Eastwood Link. It just goes to show that having the best market knowledge and a landlord that will invest in its properties will bring reward.”
With Eastwood Link now full, the need for developers to build more office space becomes even more pressing. There’s no doubt that the office market is picking up the pace, and if the local economy is to expand and SMEs are to grow, then high quality office space is needed.
William Davis was brave enough to launch Eastwood Park in the teeth of a recession, and now the economy is back on track Sunny says that developers of a similar calibre to follow suit and build speculatively – and take advantage of the pent-up demand for office space.
“A well-managed property portfolio will provide attractive financial returns now and in the future. NG’s advice to developers and commercial property landlords of all sizes is: don’t be afraid to invest – as at the end of the day, you will end up with the tenant you deserve, and that should be the point when the reward far outweighs the risk.”
Savills were joint agents on the site.