Sell my shop fast is a very common phrase used today by property owners who have made up their minds that they no longer want to deal with the trials and tribulations facing the property industry today. Whilst some want to retire, move abroad or have simply…
There is more bad news for retail as more retailers are warning shareholders, investors and landlords that business is still very, very tough. Peacocks, who we all know, and who has over 550 shops in the UK, is struggling under a debt mountain of nearly £250 million. …
Who buys retail shops? At the moment, not many people. The only retail shops which seem to be selling are those which are let to strong tenants on long leases and located in prime positions. For example, if you have a shop which is let…
If you are a property investor, who owns a shop, you have probably been thinking over the past few years, "Will my tenant be able to continue to pay me rent?" Landlords rental income is in jeopardy and the future looks very bleak indeed. Those…
The shop buyers today want one simple thing - extraordinary value for money. Why is this you may ask? The answer is simple. Those who are looking at buying shops are nervous about the ability of tenants to continue to pay rent, the prospects of…
The number of calls we have received over the past week from shop investors who are looking to sell has been staggering. As a result of the continuous flow of bad news coming from the retail sector in the UK, those who own shops want to get out…
Last week saw the demise of one of the most recognized names on our high streets. Habitat, which was formed nearly half a century ago, was placed into administration by its owners with losses of nearly £90m. It had 33 stores nationwide and employed nearly 800 people. This is…
Shop buyers are still investing in auctions and with some properties, still paying reasonably high prices. This breed of investors, who look to buy shops of less than £500,000 are still on the hunt for bargains yet still prepared to pay market prices. As a seller, how do you find…
High street retail shops are still in demand today where investors, who still have an appetite for commercial property, are looking for low risk investment opportunities. Those people who own high street retail shops which are freehold, let to good covenants on long leases and which are worth…
In April 2011, Oddbins, Focus DIY and Officers Club, to name but a few, collapsed into administration. The wave of retailers struggling to survive is not abaiting and many more casualties are on their way. What does this mean for those commercial property investors who own shops? …