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 before their tenants become insolvent, their rental income stops and […]
Just over an hour ago, I reported that the high street furniture and household goods chain, Habitat, went into administration. Well, here we are again! Jane Norman, the popular and renowned women’s fashion retailer, has just suffered exactly the same fate. The company, which employs over 1,500 people, and has 90 stores and 80 concessions nationwide, has […]
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 yet another sign that the economy, retail sector and property […]
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 these shop buyers if you do not want to place […]
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 less than £500,000 have a very saleable commodity which will […]
Those of us who have owned commercial property over the past few years will have noticed that it is now harder to sell than ever before. Buyers are more cautious and are now insisting that all their demands are met and all their boxes are ticked. Before the current financial crisis which still engulfs us […]
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- Selling Commercial Property Online