Commercial property in London has rarely been in such high demand, and now the very latest news suggests that the battle for prime retail property has resulted in prices soaring above all previous expectations.
According to the Telegraph, commercial premises within London’s most lucrative retail areas are often overpriced by as much as 20%, and, although other properties located further away from the centre of the capital command less value, the situation has led to a number of arguably better opportunities arising across the country.
The ongoing economic recovery of the UK means that a lot of property in other UK cities is now offering a very positive return on investment, and places like Leeds and Manchester are being hailed as thoroughly intriguing areas to begin investing within in the current climate.
Leeds in particular is being pinpointed as a very interesting case indeed, as the above average property returns in this city are almost unprecedented within the whole UK, being present as they are throughout all significant sectors.
Because of this, it is predicted that more and more investors will begin to look outside London for commercial properties on a more regular basis, as the battleground of the capital is proving to be the site of some genuinely fierce competition at present.
Obviously, the outlook for commercial property is always changing, but evidently there are a number of known locations all around the UK that are currently excelling with regards to commercial premises, and so taking advantage of these chances before they pass is highly recommended.
Here at Prideview Properties, we are renowned as being a specialist commercial property consultant in London, but we also deal with such property throughout the UK as a whole too. Because of this, you can rest assured that we can supply you with all of the very best opportunities and advice that you might need whenever you are looking to invest.
Furthermore, even though London is proving to be a hotly contested area for property investment, we have a large number of current opportunities on offer that all represent excellent return on investment, and we can provide you with a wealth of guidance when it comes to navigating London’s complex commercial property outlook too.
What this means is that, no matter where in the UK you are dealing in commercial property, we are well placed to help with any enquiry that you might have. Contact us now by calling +44 (0) 208 863 8680 or email us at firstname.lastname@example.org. We’ll always be pleased to hear from you.