M4 Property Consultants relocates to larger offices in Newport

COMMERCIAL property agency M4 Property Consultants has moved to larger offices and recruited a new member to its team.

The Newport-based company, which specialises in commercial property in Newport, Monmouthshire and Torfaen, has moved from its offices in Merlin House, Langstone, where it has been based for seven years, to the Grade II-listed Beechwood House in Beechwood Park, Newport. They have also recruited graduate surveyor Kelly Binnie to join the team.

The move and appointment are part of the ambitious plans for M4 Property Consultants, which has in the past couple of years been responsible for some of the largest deals to be completed, including the sale of two units totalling 320,000 sq ft and purchase of nine acres of industrial land on the former Mabey Bridge site on Newhouse Farm Industrial Estate, as well as the sale of the Carcraft site in Newport.

Kelly Binnie a former inspections clerk for a Cardiff letting agency, joins M4 as a graduate surveyor.

In her new role, Kelly will be assisting with the sales and lettings of commercial property being marketed by the company, including arranging and attending viewings of the properties as well as the negotiations between vendors and purchasers.

Dan Smith, managing director of M4 Property Consultants, said: “We have set clear objectives for the expansion of both the agency and property management arms of the business.

“Kelly is a welcome addition to the team, as we are receiving more instructions from clients and it is essential that we maintain the high standards of customer service we have become renowned for.

“Demand for commercial property is strong and bringing on new properties is difficult. With Kelly on board, we can spend more speculative time sourcing new stock.”

The property management side of the business has also grown. M4 currently have 107 properties under management, generating a rental income of circa £2m per annum for landlords and investment companies.

Mr Smith explained: “To manage this planned expansion, we have created a new position and recruited an experienced property and asset manager who will be joining at the beginning of August. It’s a busy and very exciting time for the company. With the enlarged team, we can maintain our growth and further increase presence in the region’s commercial property market.”