1312, 2017

Dunmoore land in Birmingham

December 13th, 2017|

Dunmoore are delighted to announce the acquisition of 24 Bennetts Hill, a mixed use investment comprising of office and leisure accommodation, located in the heart of Birmingham city centre. The prominent 6 storey building, which measures nearly 20,000 sq ft, has been purchased for £4 million and equates to a net initial yield of 5.9%. Investment Director Tomas Souto had this to say “We are delighted to have secured Bennetts Hill and enter what is an extremely buoyant and exciting market, in the UKs second largest city.  Birmingham has benefited from upwards of £1 billion worth of investment to its infrastructure and we feel it’s a location which will continue to grow – with the proposed city centre Paradise and Arena Central developments being prime examples of this. The investment provides the opportunity to undertake some hands on asset management, which will include comprehensively refurbishing the space to provide a creative and unique product, whilst being underpinned by a long term letting to Punch Taverns on the ground floor.    The acquisition rounds off what has been a very active year for the business and we are already looking forward to what will no doubt be an exciting 2018.” Fineman Ross acted on behalf of Dunmoore with Knight Frank acting on behalf of the seller. BACK TO NEWS

2811, 2017

Rents treble in Isleworth

November 28th, 2017|

A new headline rent has been achieved at The Wireless Factory, Isleworth following the successful letting of Unit 8. The estate has undergone an extensive refurbishment program both internally and externally and now provides a spacious, modern and creative office environment for occupiers. The 3,935 sq ft unit has been let to the DVSA on a 15 year term at a new headline rent of £25 per sq ft. The new rental level represents a 177% increase on the previous letting achieved prior to Dunmoores acquisition of the estate. Further details on the estate can be found at - Michael Rogers and DTRE acted on behalf of Dunmoore.   BACK TO NEWS

711, 2017

Exeter trade park regenerated and fully let

November 7th, 2017|

Following the completion of the letting of Unit A2 Hennock Trade Park, Exeter, the scheme is now fully let. We are delighted to welcome RecoverFit to the estate which, following significant refurbishment, has seen rents of up to 60% higher achieved than at acquisition and boasts a much improved tenant lineup. Further details of the scheme and the thoughts of our managing director and letting agent can be found at the following link -   BACK TO NEWS

310, 2017

Cosgrove Way Refurbishment

October 3rd, 2017|

Great to see the refurbishment of Units 16A & 16B, Cosgrove Way, Luton complete. The units provide 4,130 sq ft - 9,518 sq ft of refurbished trade space and are available immediately. Further details can be obtained from our agents Rapleys (03707 776 292) or Kirkby Diamond (01582 738 866).   BACK TO NEWS

3108, 2017

Rents increase by 60% in Exeter

August 31st, 2017|

A new headline rent has been achieved by Dunmoore on Hennock Trade Park, Exeter following the successful letting of Unit F. The recently refurbished trade counter unit will be home to Karchers first Exeter branch following their expansion into the city. The 2,384 sq ft unit has been let for a rent of £9.50 per sq ft which represents a rental increase of 60% from the previous letting. Stratton Creber Commercial and Rapleys acted on behalf of Dunmoore.   BACK TO NEWS

2507, 2017

Dunmoore expands to Berkeley Square

July 25th, 2017|

We are delighted to announce the expansion of our business with the opening of a London office at 20 Berkeley Square. Managing director and owner, Jeffrey Hobby says “with our portfolio continuing to grow year on year, this was the logical step in ensuring that this growth is sustained. Having a base within the West End will allow us to continue to build upon both existing and new business relationships, whilst presenting the group with further opportunities in what is a very competitive market.”       BACK TO NEWS