A lot of recent events both domestic and overseas have had a negative impact on the commercial property market and there are growing concerns amongst investors about the stability of high street retail property values.

Many of you will have seen the recent news including the Russian/Ukrainian conflict, interest rates increasing last week from 0.5% to 0.75%, forecasts about inflation spiking at 10%, the Chancellor of the Exchequer’s Spring statement yesterday where amongst other things he announced that national insurance will increase, Lloyds Banking Group announcing this week that they will be closing another 60 branches, Council tax bills rising by an average of £2,000, energy bills rising and fuel prices surging.

The general consensus amongst commercial property experts is that these events will adversely affect high street retail property values and there will be more sellers than buyers causing prices to fall.