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 trying to re-let shops if tenants can no longer afford to continue to trade, property values continuing to fall and the difficulties in selling shops in the event that equity is needed or banks are demanding that loans are repaid.
Shop buyers like Sell My Commercial Property will continue to buy shops but those who are selling must realize that in troubled times like these, in order to sell, the price must be right.