15/11/17 – Hertfordshire Office Sales Heat Up

Aitchison Raffety have reported that first and second floor offices they have available for sale in Potters Bar, Hertfordshire are already under offer after only three weeks of marketing.

The offices are 1,691 sq ft and are located on the first and second floors with five parking spaces. Matthew Bowen, Commercial Agency Director, Aitchison Raffety, comments “This is quite typical of the market currently. Anything which is available to buy is proving very popular, but interestingly though, if the premises were only available as leasehold then we would be unlikely to have agreed a deal so quickly. We are finding that occupiers will look in a wider area and concede on some aspects of their requirement if they are buying, but will not do so if they are renting.”

“It is encouraging to see that the prices being achieved are now above the levels that work for conversion to residential. Due to a high number of sales recently, we have a reduced number of available properties for sale and so if anyone would like to discuss any opportunities, we would be happy to assist. Likewise if anyone is looking to purchase similar it is worth speaking with us as acquisition services are prudent given the pace of the current market to ensure you don’t miss out.”

For more information, please contact Matthew Bowen, Aitchison Raffety, 01727 843232.