Shortage of industrial units in East Sussex

Uckfield-based commercial agents Lawson Commercial say there is a shortage of available industrial units in East Sussex.

chris-lawson

Chris Lawson

The shortage is in most size categories from 1,200 sq ft up to 10,000 sq ft, according to partner Chris Lawson.

He said: “During the course of 2015 we had a good steady market with reasonable demand and during hat time we let or sold some 75,000 sq ft in 21 separate transactions.

“The problem is that now that space has been occupied there is nothing new coming onto the market to replace it.

“In some East Sussex towns there are no units around 1,200 sq ft available, these units being ideal for small and start-up businesses.

“There is also a huge shortage in the 2,000 to 5,000 sq ft category. In some towns there is a choice of only one or two units.

“In some ways this is good news for landlords and sellers of freehold industrial units as a shortage in supply usually leads to a rise in prices. Thus we could see an increase in freehold and rental values.”

Mr Lawson said Lawson Commercial would be interested to hear from any owner or occupier of industrial space who is looking to move as currently there is still strong demand for this type of unit.

He added: “This is despite thenew scheme coming on the market at Lower Dicker known as the Swallow Business Park where new units are being constructed but will not be ready for occupation until the end of 2016.

“There are also sites available to purchase with planning consent at the new Ashdown Business Park at Maresfield but again nothing ready to move into in the immediate future.”

• Contact details for Lawson Commercial can be found 24/7 in our Uckfield Directory. Look for the name or search in the category for Commercial Estate Agents.

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