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A new industrial estate in Norwich being jointly marketed by our Commercial team is now two-thirds let or under offer after another firm has taken occupation in two of the purpose-built units.

As we face the challenges of continued economic uncertainty, particularly within town centre environments, our teams have the expertise to help manage any potential caution of developers looking to buy residential sites. The key to this, more than ever, is removing risk before purchase which benefits vendors and developers alike.

A reduction in business rates should give high streets a welcome boost - although we continue to see Norwich bucking the national trend with increased interest from retail tenants.

As we enter 2023, it is time to look ahead and also reflect on our successes of 2022 in auctions. The results speak for themselves as our teams in the Norwich and Lincoln offices sold a staggering total of over £31million worth of property and land in 19 auctions last year.

We need the Government to bring calm and confidence to the Commercial property sector which does not prosper amid volatility in the market.

A prominent site fronting the River Wensum in Norwich should become a McCarthy Stone complex in a sale being handled by our Commercial team.

The ground-breaking Broadland Food Innovation Centre in Norwich recently launched - with units ready to let with our Commercial team. The exciting launch of the Centre based at the Food Enterprise Park, near the Norfolk Showground, signals a major development in the region’s food and drink processing facilities.