As a result of Covid, rising interest rates, tax hikes, increased competition from online companies and mounting debt, small businesses are voluntarily deciding to close down.

A record 14,526 businesses in Britain voluntarily appointed liquidators last year, according to data obtained by accountant Price Bailey.  This is a 7% increase on the previous year which saw more businesses close down than ever before.

As a result of this, commercial properties, especially high street shops, throughout the UK are becoming vacant, and very difficult to re-let, which is causing values to fall.

We are actively looking to buy commercial property across the United Kingdom. Call 0800 6890888 or apply online for a free valuation.