» 2020 » November

High street shops, offices, houses, flats, sitting tenants

Sell My Commercial have recently purchased a large number of high street shops, offices and houses and flats with sitting tenants. We are here to assist property owners who want to sell and need to sell and who are fed up with estate agents who promise the world, underdeliver, charge exorbitant fees and don’t give […]

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All Bar One owner Mitchells & Butlers shuts down up to 20 pubs and restaurants permanently

An M&B spokeswoman said: ‘As announced in September, M&B re-opened the vast majority of its estate, approximately 95 per cent, after the first lockdown ended. ‘The remaining sites have been under review on a case-by-case basis since and we have taken the difficult decision not to reopen some of these sites”, according to the Daily Mail.  […]

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Nightclub group Deltic warns landlords of ‘closure’ without sale

The boss of Britain’s biggest nightclub operator has warned landlords that the company faces collapse unless a sale is agreed imminently – putting more than 1,000 jobs at risk – telling landlords it will have to close unless they agree to rent-free occupancy of its nightclubs.  This is another example of how owners of commercial […]

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Sitting tenants

This article is different from most of the others in that it concerns residential property and specifically sitting tenants. As well as buying all types of commercial property, we at Sell My Commercial Property also buy houses and flats.  We are very experienced at buying residential properties with sitting tenants and are keen to buy […]

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Fashion chains Peacocks and Jaeger fall into administration

Fashion chains Peacocks and Jaeger have today fallen into administration, putting more than 4,700 jobs and almost 500 shops at risk.  The retailers, which were both part of billionaire Philip Day’s EWM Group retail empire, confirmed today that they had appointed administrators from FRP Advisory. It is very sad when we hear about retail businesses […]

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Revolution Bars to close sites

Revolution Bars have had their CVA approved to close 6 sites and reduce their rent on 7 other sites.  This is a further blow to landlords and the high street and another sign that those in the hospitality sector continue to struggle and face a very bleak future. We at Sell My Commercial Property will […]

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High street retail shops

News alert!!! Sell My Commercial Property continue to buy high street retail shops. We have had a busy month and added several high street shops to our portfolio.  We recently purchased a MOT center in Walthamstow, a parade in Watford, a shop and bungalow in Maldon and a car site in Hertfordshire.  We are also […]

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Who buys commercial property

Who buys commercial property is a question on lots of peoples minds as the market continues to see a raft of retail failures and prices for retail shops and commercial property in general continue to fall.  The answer to this question is simple – we at Sell My Commercial Property are still buying all types […]

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Edinburgh Woollen Mill collapses into administration

Edinburgh Woollen Mill has been placed into administration while owner EWM Group continues trying to strike a rescue deal to save its other brands.  This is yet another high street casualty and blow to the commercial property market.

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Impact of COVID-19 on economy & commercial property market

This is a topic which can be widely debated and take an extremely long time to write about but for the purposes of this article we will keep things simple and brief. The impact of COVID-19 in the short term is clear.  There has been huge volatility in GDP, huge volatility in the stock market, […]

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