Valuation and Brexit

RICS registered valuer Alex Woodward considers the impact of Brexit on property valuation. Most financial decisions made by individuals or organisations in relation to property transactions are underpinned by valuation. More than just a figure determining the market value of an asset at the end of a report, valuation can affect the level of borrowing […] Read more

Exeter Property Ball Donation

Popular Devon Charity Hospiscare has received a whopping £100,000 donation from the Exeter Property Ball Committee and the Exeter Foundation. Damian Cook, Director in the Exeter office of Stratton Creber Commercial and one of the EPB committee members, said ‘our guests generosity will pay for the refurbishment of a 12-bedroom ward at Searle House. It’s […] Read more

Investment sold in Sidmouth

After competitive bidding this prominent freehold town centre investment property in Sidmouth has been sold off an asking price of £475,000. The property includes two shops on the ground floor with three spacious flats above. Simon Greenslade commented “that freehold investment properties in Sidmouth always prove popular with investors due to the resilience of the […] Read more

Boutique retailer expands with Exeter acquisition

Acting on behalf of a private landlord, Stratton Creber Commercial have let a shop in Exeter, back-to-back with the previous tenant’s occupation. 111-113 Fore Street formerly traded as Bunyip Craft, and was marketed at a rent of £17,500 per annum. The new tenant, The Black Pearl, has decided to expand into Exeter, having traded in […] Read more

Short Term Occupations – Take a Long Term View

Here, general practice surveyor Phil Dickins advises property owners to take a long term view to short term occupations. Providing for short term occupation of commercial property is a not uncommon situation, for example, where an occupier needs early possession and the solicitors are still working on the lease. In such cases, a licence agreement […] Read more

Exeter office let following major refurbishment

An office suite in central Exeter has been let following major works to modernise and improve the accommodation. Bradninch Court is a building dating from the 1920’s, situated on Castle Street in the city centre close to the High Street. Along with the adjoining Bradninch Hall, it forms a large office property with gated car […] Read more

Topsham railway building let following strong demand

Stratton Creber Commercial have just let the former Ticket Office at Topsham railway station in Exeter. The building, which fronts Holman Way and backs directly onto the railway platform, is a 19th Century former ticket office of 577 sq.ft, and was purchased by the current owner at auction earlier in the year. Following works to […] Read more

New Retail Opportunities at Plymouth Cross

Seven new retail and leisure opportunities have now been launched at the £50m Plymouth Cross development which will be open for business after summer 2019. Central to the regeneration of Plymouth’s West End, the mixed-use redevelopment of the former Derry’s department store includes a range of units that can be configured to suit individual requirements. […] Read more

New Gin Room is Toast of the City

A Grade II listed building in Plymouth’s historic Barbican quarter is proving just the tonic for gin enthusiasts. The Barbican Botanics Gin Room opened its doors earlier this month to offer around 100 different gins for tasting and retail sale. Local property consultants Stratton Creber Commercial completed the letting of the former art gallery and […] Read more

Reduce the Risk – Assessing Demand for New Workspace Developments

Cornwall has relatively few large employers and the employment market is characterised by a high proportion of smaller businesses. This is reflected in the nature of the enquiries received by our agency team which are often from local businesses and for relatively small amounts of space. Notwithstanding this, as my agency colleagues often report, take […] Read more