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Otley enjoying surge in demand for retail space
10:36am Wednesday 2nd July 2014 in Local news
Otley is enjoying a surge in interest from businesses, according to local estate agents.
Dacres Commercial says it is experiencing a renewed level of demand for trading premises, mainly from independent retailers - and has recently let 3,500 square feet of retail space in four buildings.
Jeff Crabtree from Dacres Commercial said: "These deals have all taken place over the last few weeks, with 9 Bondgate letting within the first week of release - proving that Otley is regaining its popularity as a thriving market town.
"20 New Market has been let to a private individual who has opened a café and delicatessen, and 66 Boroughgate has been let to a company trading as The Otley Tap House, where the occupier intends to open a family friendly bar.
"Finally, 3 Mercury Row has been occupied by Love 4 Bags, which intends to trade handbags and ladies accessories from the property.
"Our latest lettings success demonstrates the town’s attractiveness to businesses, both large and small and this is likely to continue increasing as market conditions improve.
"The opening of our new flagship branch in Otley has also helped reinforce Dacres’ commitment to the town, and it is pleasing clients are welcoming our proactive approach with a flurry of new instructions and lettings."
Part of Dacre, Son and Hartley, Dacres Commercial also has offices in Ilkley, Skipton, Harrogate, Leeds and Keighley.