Bidwells has released its Out-of-town Retail research paper, Summer 2019. While take up across the Bidwells’ market area was robust in H1 2019, it has been a difficult period for the retail park market generally. Availability across the region has more than doubled over the last 18 months to over 0.5m sq ft with an average availability rate rising to 8.5%.
Bidwells has released its High Street Retail research paper, Summer 2019. While the Oxford Cambridge Arc has inevitably felt the impact of the retail slowdown, with average prime rents down 22% since 2016, retailer strategies of focusing on prime locations in target towns has cushioned markets to an extent.
How close your home is to your children’s school is incredibly important when deciding where to move. Our recent survey showed us just how essential being within school catchment is to the residents of Cambridgeshire.
Rental values have increased by approximately 3% in the last 12 months with an average rent of just over £1250pcm in Cambridge, with Bidwells averaging over £1500pcm.
The Cambridgeshire residential market consistently performs well, impacted by the ‘global brand’ of Cambridge and the diversity of its market trends. This has risen 3 times quicker than the UK national average. We have summarised our research of the local market using key data, together with comprehensive market research.
No matter how big or small your home is, finding a way to create an oasis within your outdoor space is a sure way to find peace and calm. As long as you utilise what you have, you can transform spaces of any size effectively.
Bidwells launches its latest Our View on Industrial research. Industrial supply has struggled to keep pace with demand across the Bidwells’ market area. Following Amazon taking the lease on Altitude at Magna Park, the largest spec built logistics unit in the UK, demand for ‘big box’ space remains above trend.
Bidwells launches its latest Our View on Offices and Labs research. Bidwells estimate 22% of the UK’s science park space is located in the Oxford-Cambridge Arc. Take up in the office and laboratory markets continue to exceed historic trend levels, with an increasing proportion of this space absorbed by knowledge intensive businesses.