Caxtons is once again delighted to have won the coveted property industry award 'EGi Deals Winner Kent 2015'.
This award is based on the number of commercial property sales and lettings achieved in the preceding twelve-month period. When compared to the previous year, Caxtons' results showed a 120% increase in the number of completed deals. This is the fourth time in the past five years that Caxtons has received the award and strengthens its position in the market place, demonstrating that it consistently outperforms its competitors.
Against all the odds, Caxtons improved upon the high
level of activity it was able to maintain even during the difficult market conditions of the recession, and the Caxtons' Commercial Agency team remains extremely busy, having sold and let more commercial property than any other agent in Kent.
Recently, The Financial Times published an article highlighting that up to 20 per cent of British office buildings will become un-lettable when new energy efficiency measures come into effect in April 2018.
Mark Coxon, director and head of Commercial Agency commented: "Owners of offices that currently fall into the F and G energy efficiency categories – the two lowest that a property can be awarded – should consider how they can improve their rating and act as soon as possible.
James Logan, Associate Director at Caxtons Chartered Surveyors, was recently asked to provide expert opinion on the BBC One television programme Homes Under the Hammer.
James, who works out of Caxtons' Canterbury office, specialises in commercial property and was pleased when this popular daytime programme, known primarily for featuring residential properties sold at auction, asked for his input.
Located over four floors, this prime property was sold at auction in March 2013 for £114,000. Having applied for and been granted change of use the new owner set about extensive refurbishment, dividing the property into a retail unit on the ground floor with a staff area in the basement, creating a new access to the two floors above, which were then converted into a two-bedroom maisonette. The entire refurbishment cost in the region of £43,000 making a total investment for the purchaser of £157,000.