Increased demand for small commercial property units across Hull
MOVING IN: Kyle Acheson, left, and Mike Jackson outside their new premises.
By Hull Daily Mail | Posted: 26 Jan 2018
A LEADING property agency says it is seeing an increase in demand for small commercial units in the city, following a number of lettings at a Hedon Road site.
PPH Commercial is reporting an increased demand across the city, so much so that it recently let four units on the South Orbital Trading Estate within just two weeks.
Ben Cooper, (pictured left), PPH divisional director, said that the “lack of new units” being built means that start-up firms and expanding small companies are looking to move into new premises.
He said: “There is pent-up demand for small units, due to the lack of new units being built and due to this type of property having a rateable value of £12,000 or less, making them exempt from business rates for many occupiers under the small business rates relief scheme.
“The units are in demand from both start-up operations and small companies looking to expand."
Makson Building Services was one of the companies to recently become tenants at the South Orbital Trading Estate.
The firm, which formed in June 2016, will be occupying a unit that provides 1,244sq ft space on the ground floor with a mezzanine.
Makson Building Services had been based in Chamberlain Business Park, Hull, and has three staff and more than 20 contractors.
The firm specialises in building refurbishments, maintenance and repairs, for both residential and commercial clients.
“As well as good storage space and a mezzanine floor, the unit has four offices and an area that we can use as a dedicated client suite where we can display new product samples,” said Makson director Kyle Acheson.
His fellow director, Mike Jackson, pointed out that the unit is in a prominent location because it is clearly visible from Hedon Road, enabling it to further promote the company’s operations when its signage is in place.