It's interesting that many people who own commercial property and who want to sell property they own, do not know what to do. This is where we come in. We are experienced and professional commercial property buyers who can make you a quick cash offer…
Data recently published by the commercial property information firm Costar has revealed that 83% of department stores have closed since the collapse of BHS in 2016. Today, only 79 department stores in the UK are open compared with 467 five years ago. This is extremely…
Despite the easing of restrictions, the number of vacant retail shops increased during the period April to June 2021. According to figures from The Local Data Company, vacancy rates increased from 14.1% for the period January to March 2021 to 14.5% for the period April…
The latest data published by Centre for Cities in August 2021, using mobile phone data from Locomizer and anonymised offline credit card spend data from Beauclair, shows that although some city centres in the UK have seen a slight recovery since lockdown restrictions were lifted,…
Many people blame Covid for all the problems facing the UK’s high streets. However, this is simply not the case. Let us not forget spiraling business rates, ever increasing rents, extortionate parking charges, poor infrastructure, retailers moving away from high streets to retail parks, increased…
Small independent high street businesses now owe 4 times as much as they did a year ago. This mountain of debt has increased primarily due to the pandemic and will only get worse. These small businesses have only survived as they have had to borrow…
In another blow to our high streets, Gap will be closing all of its 81 UK shops. The reason for this, apart from Covid are they failed to adapt to changes in fashion trends, had too many sales, failed to change its image and branding…
Many people are asking who are the commercial property buyers who are still buying high street shops and offices. We at Sell My Commercial Property have been buying since 1999 and have never stopped! We are still interested in buying high street shops, offices, houses…
The commercial property market faces another threat in the form of looming increases in interest rates. HSBC has predicted that the Bank of England will start increasing interest rates as early as next year where it had previously been thought that this won't happen until…
Covid was the final nail in the coffin for our high street shops. For many years leading up to March 2020 the high streets have been struggling from competition form shopping centres and out-of-town retail parks, high business rates, parking restrictions and a lack of…