This is a question which is currently on lots of people’s minds. Some people are lucky enough to own a commercial property. Others own more than one which is referred to as a portfolio. These people sell because they want to take a profit, need…
Selling commercial property can be difficult and stressful for some people. It is also a big decision which must be dealt with properly. In the past, many have used traditional estate agents when selling commercial property. However, this is now changing fast. Some people have…
Those who follow the news about the economy will know what is coming. We are in a recession and a commercial property crash is imminent. Let’s look at the reasons why and what people can do to avoid facing financial ruin. The war in Ukraine…
Most of us are aware of the threats currently facing the economy. We have recently seen inflation hit a 30-year high, interest rates rise to a 13-year high, the stock market crash, personal and business debts rise, unemployment rise, Corporation tax increase, National Insurance increase…
Pubs across the UK have gone through many extreme changes over the past two decades. They have become trendier, lots have rebranded and there has been a shift towards serving more food. This has attracted younger customers who meet regularly in large groups and spend…
Banks used to take 25-year leases on properties which they rented. Also, once they moved into a property, it was pretty much always guaranteed that they would never move out. However, things have changed, especially over the past few years.Banks now take leases as short…
A lot of people are suddenly very worried about the state of the economy and are selling their commercial properties. There are several reasons for this. Firstly, inflation and interest rates are rising. Secondly, people are paying more tax and spending less. Thirdly, the economy…
Vacant high street shops has been a problem in the UK for the past 10-15 years. However, things are getting worse. High streets have suffered and shops have closed mainly as a result of more people using the internet and buying goods online. Retailers have…
Over the years, many housebuilders have bought offices in town centres throughout the UK and converted them into flats. As a result of this, the supply of town centre offices has fallen and rents have gone up. This has benefitted the owners of these buildings…