The former In-Gear cycle shop is sold.

Former In-Gear cycle shop in Uckfield is sold

A buyer has been found for the former In-Gear cycle shop at the top of Uckfield High Street and interest has been shown in the lease of The Bargain Store which came onto the market a fortnight ago.

Premises formerly occupied by East Sussex Motoring Centre next to Chichester Caravans have been sold and smaller offices in town are being snapped up by entrepreneurs.

These deals are all signs that business is looking good in Uckfield, according to Chartered Surveyors & commercial property agents Oldfield Smith & Co. Directors Richard Oldfield and Bernard Smith are confident about the market remaining buoyant in the future.

Success

They founded their company two years ago and its success is reflecting the strength of the commercial property market. Business was up by 300% last year, in comparison with the year before, and they are even busier now.

There is one series of deals they are particularly pleased to have facilitated. This began with a move by Challenge Packaging to Golden Cross where production and distribution departments have been brought together on a site big enough to allow for expansion.

The company, which manufactures corrugated boxes, had outgrown its premises at Ridgewood and Sheffield Park and was struggling to find space to new space in the area.

New premises

Not only are they now settling into the new premises at Golden Cross but Oldfield Smith has found businesses to take over the sites vacated by them.

A specialist logistics firm, CDL Logistics, has moved to Sheffield Park from Gatwick and Alexir, a food packaging company, is expanding by taking on the units vacated by Challenge Packaging at Ridgewood.

Bernard Smith said the deals couldn’t have dovetailed better. It was a great achievement to keep the growing Challenge Packaging in the area, to attract a big firm from Gatwick and to enable another company to expand in Uckfield.

Jobs

He said it was crucially important to find sites locally for growing businesses, not least because of the jobs they create.

Uckfield has traditionally been an entrepreneurial town with businesses starting small, perhaps in a spare room or garage, and then growing organically.

There has been evidence of a growing confidence among those firms again with small offices being taken above Dixon Vince and at The Old Mill House in Mill Lane.

Investments

Companies are prepared to make bigger investments too by buying their own premises, such as those which have been vacant at 107 High Street since the In-Gear cycle shop moved out of town, and those next to Chichester Caravans, formerly occupied by East Sussex Motoring Centre. Details of the buyers can’t be revealed yet.

In the High Street interest in shops remains strong. The Bargain Store, at the junction with Bell Lane, came onto the market a fortnight ago. The residue of a lease which expires in August 2019 is available and interest has already been expressed in that.

Mr Smith said his biggest concern was finding further supplies of new commercial property in the town and surrounding areas, to replace stock which has been sold or let.

Significant income

He said this was a great time for property owners to look at any surplus space which could generate significant income and provide an opportunity for another new business to come into the town.  With this in mind, Oldfield Smith & Co offer a free commercial appraisal for all new and existing clients with professional, objective advice on the options available.

He added it was good to see new businesses such as KC News and the Fun-Net Café doing well and businesses such as TN22, the lifestyle and furniture shop bringing a new look to the High Street.

bernard-smith-richard-oldfield

Bernard Smith and Richard Oldfield celebrating two years in business together.

• Contact details for Oldfield Smith & Co can be found 24/7 in their listing in our Uckfield Directory. Search for the company name or look in categories for Chartered Surveyors, Commercial Estate Agents or Commercial Property Management.

See also:

Manor schoolchildren wear pyjamas for sponsored walk

Alarm raised about deception thieves in Uckfield

Police report suspicious activity of white van men near dogs in Uckfield

Find local businesses in our Uckfield Directory

How to advertise on UckfieldNews.com

Share this story

Sign up to receive daily news alerts

I'd like to receive updates every: