Availability of commercial property up by over 35% in last 2 years

Research carried out by the commercial division of Mullucks Wells shows the availability of commercial property has increased by over 35% in the last 2 years.

Currently within the ‘Mullucks’ area (15 mile radius of Bishops Stortford) there is 2,226,000 square feet of space that is recorded as being available. Two years ago this figure was only 1.6 million square feet.

The use that accounts for the majority of this available space is offices (B1) at 78%, with industrial (B2/B8) being 16% and retail (A1-5) the 6% balance

A copy of the report, which indicates the towns, roads & the estates where the void exist is available by email from the Commercial Director, Richard Roberts rroberts@mullucks.co.uk