Non domestic rates, which apply to commercial properties, and which are commonly referred to as business rates, are set to soar this year due to high levels of inflation. Some people think that in time, rates will exceed rents and these combines costs will make…
I often compare the current state of the commercial property market to a ship in the middle of a very bad storm. The outlook looks grim, there is no-one around to lend a hand, your options are limited, you have very little control of where…
We at Sell My Commercial Property receive so many enquiries from people saying I want to sell my shop in Wales. Over the past few years, especially the past few months, we have been instrumental in coming to the aid of property owners who have wanted…
Who buys shops is one of those questions which is not straightforward to answer. Although there are many companies which buy commercial property, including shops, many have steered clear of this sector due to the continuous number of retail failures. Peacocks, Woolworth, Barratts and La…
The retailer Game, which can be seen on most High Streets in the UK, called in administrators today and is set to become the second biggest casualty of the past few years after Woolworths. The retailer, which has 1,300 shops worldwide, 600 of which are…
London is still seen as a safe haven to invest in and commercial property buyers in London are still ready, willing and able to do business. Sell My Commercial Property are still major commercial property buyers in London and we are able to make fast…
It’s bad enough to hear today that Mothercare will be closing 111 of their shops in the UK without also hearing today that JD Sports have closed 81 Blacks stores since the start of the year. JD, who bought Blacks in January 2012, decided to…
Mothercare, a name known by all on our high streets, which is synonymous with good value, good quality and good customer service, has announced today that as a result of an extended period of falling sales, they will be closing 111 of their stores in…
We have assisted many people selling shops in Wales recently and are looking for more stock. Selling shops in Wales isn’t easy and in order for sales to complete, sellers must be realistic on price. I am pleased to say that more people are being…
I am sorry to say but as I predicted, the commercial property market has continued to decline during 2012 and things don’t look as if they are going to improve for quite some time. Retailers are failing left, right and centre, companies generally are failing,…