Christopher Thomas are pleased to announce the completion of the sale of the 8,300 sq.ft. detached offices in London Road Bracknell – London Court. One of the youngest office buildings in the town has been bought by one of the longest established Ascot businesses, Shorts Group, for their own occupation.

Christopher Thomas acted jointly with Guy Charrison Property Consultants, attracting a number of offers for the premises, acting on behalf of City Development Ltd.

The pace of the market has improved noticeably in the past 6 months with commercial properties showing a consistent rise in value, partly driven by business expansion, partly by Permitted Development Rights for conversion to residential use.

Of the past 46,000 sq.ft. of freehold office sales carried out by Christopher Thomas in the past 8 months only 33% has been retained for continued office use. With office supply ever diminshing, rental and cpaital values are not surprisingly increasing regionally by approximatley 10% over the past 6 months.

For more market information contact Christopher Thomas at ct@christopherthomasandco.com or telephone 01753 839390.