Blockbuster UK adds its name to the long list of household names that have entered administration in recent years as struggling families cut down on spending. The number of High Street chains going bust has increased by almost a fifth in two years, figures released…
DVD and video games rental chain Blockbuster UK has collapsed into administration, putting more than 4,000 jobs at risk and causing panic amongst those who own commercial property let to this chain. The entertainment retailer became the third major High Street casualty of 2013 after…
If you own commercial property, you will have noticed that lease lengths are getting shorter. Tenants are reluctant to sign new leases for terms longer than 5 years as they don’t know if their businesses will survive that long! This is horrific for landlords who…
Although I would like to think of myself as an optimist, I am at a loss to find anything positive to say about what is in store for commercial property next year. The streets are still filled with doom and gloom which is being fuelled…
As long as banks continue to restrict lines of finance, especially commercial loans, the property market stands little chance of recovering. The only sector which I am aware of which has rallied since the crash of 2008 is the office market in the West End…
Retail Shop Let to a single tenant This small high street retail parade was bought extremely quickly with cash.