Commercial Property Values

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Valuing commercial property today is a very difficult task. The reason for this is that there are very few sales taking place and so very little evidence to refer to. Many people who in the past have bought commercial property are presently sitting back and simply watching the market, too afraid to take the plunge as the market still seems to be falling in value.

Commercial property values have fallen by as much as 50% in some areas of the UK and owners, who now need to sell, cannot do so as the value of the properties are less than the money they owe the bank. In cases like these, owners have no choice other than to sit tight, if the bank allows them to, or sell and make up the difference between the sale price and the outstanding debt out of their own pockets.