Walton Goodland is pleased to announce the marketing For Sale or To Let of two exciting new build industrial units on behalf of the Northwest Regional Development Agency at Lillyhall, Workington, Cumbria. The units benefit from B2 (general industrial) and B8 (storage or distribution) use. Interested parties should contact Stephen Sewell for further information. Property particulars can be downloaded from our website.

An all-new serviced office centre is due to launch on 17 August 2009 at the highly successful Parkhouse Business Park adjacent to Junction 44 of the M6/M74 in Carlisle.

Popular modern trade park estate to west of City Centre adjacent to Cumberland Infirmary.

Maryport and Workington - Units ranging from 5,042-15,854 sq ft.

New modern self-contained office building arranged over two floors in prime business park.

New to the market an excellent opportunity to acquire a substantial commercial retail property in Whitehaven town centre.

The prime UK commercial property investment market has seen a marked shift over the course of the past 3 months as sentiment towards property as an asset class continues to improve with evidence again of a contraction in yields and the return of capital values moving back towards pre-crunch levels. It is stressed however that evidence of this really only applies to prime commercial property and more importantly well let (long term) income-producing investments with high quality tenant covenants.

Walton Goodland is currently witnessing increased activity across all sectors of the commercial property market during the last quarter of the year and run up to Christmas.

Walton Goodland has recently successfully completed a number of sales and lettings throughout Carlisle, North Cumbria and southern Scotland across all sectors of the commercial property market.

Whilst it is always essential to seek good sound professional advice before embarking on a potential sale, letting or acquisition, never should this be heeded more than in times of economic uncertainty.

The first quarter of 2009 has been characterised by a general lack of available freehold property to purchase. This has remained a constant from the latter two quarters of 2008 with predicted opportunities as a result of the global economic downturn yet to materialise. Despite certain sectors of the commercial property market suffering from increased vacancies, notably retail and leisure, due to an increasing number of administrations and liquidations, local landlords so far appear reticent instead of choosing to sit tight and weather the storm.

Walton Goodland is offering to let a selection of prominent industrial warehouse units across the city, ranging in size and location.

The article examines the emergence of the Business Park as an alternative edge of town location to the more traditional city centre offices. Paying special attention to Parkhouse Business Park (Jct 44 m6/M74), the article compares Atlantic & Pacific House, developed by Stewart Williamson and managed by Walton Goodland, with city centre office space currently also being offered to let.