2016 has brought some changes to the investment world. On the one hand, energy rates are decreasing while interest rates increase. On the other hand, the impressive growth of the Chinese market over the last few years is getting slower. And you might be wondering, is this a good time to invest? Well, yes; the financial crisis of 2008 is finally being left behind and growth seems a general constant in Europe. Besides, what you probably want is good advice, and that’s why we want to give you some top tips so you can choose the best industry to invest in this year.
In this kind of industry competition is very aggressive, but don’t let this scare you, because it also has several advantages. There are, in fact, two competitive strengths you want to consider: brand differentiation and scale. The first one assures a well targeted audience for your business which will provide a long-term growth.
Scale is especially relevant for discount retail. Those companies operating on a bigger scale have more negotiation power with their suppliers, which allow them to get lower prices for their products. Eventually, this is what makes possible to offer discounts and sales for the clients – and everyone likes bargains.
One of our recent deals was a Tesco Express in Edgware (Greater London). Tesco has the advantage of being a well-known brand that has gained their customers’ trust over the years. Because they are a big scale company they can afford to offer daily discount in their products. Also, the location of this business is very good as it’s within walking distance of Edgware Station. This makes it a preferred stop for people coming from and going to take the Northern line.
You might think that the banking industry is a tricky one because of the 2008 crisis. But facts show that there has been an increase in bank deposits and loans which suggest this is an industry that will keep a long-term growth. Besides, even if banks are incorporating online banking many customers find it difficult to rely on technology when they are managing their own money. That is why they still prefer going to the bank and speak to an employee.
We currently have a Barclays in Hoveton (Norwich) listed, which is set in a village which attracts tourists in the summer months. It’s also very close to Hoveton & Wroxham railway station, which connects it to Norwich, assuring a constant flow of people accessing the bank.
Food Service Industry
This is perhaps the most secure of all industries because regardless of anything else, people need to eat. However, not all are advantages, as food prices might increase according to weather conditions that can spoil harvests. Apart from this, there are some basic considerations before you decide to invest in a food serving business. First of all, does it have a strong concept definition? People choose restaurants based on their tastes, and a strong brand and personality will assure a targeted and secure audience. Moreover, customers are especially demanding when they are being served food, so you want to make sure the business has a good channel to receive their client’s feedback and take it into consideration.
Pizza Express in King's Lynn (Norfolk) is a local we recently acquired and that has a strong concept – everyone loves pizza! It’s located in the town centre, so it’s a spot people don’t easily miss when they go out in the weekends and want a place where everyone in the family will be happy to eat.
Investing can be exciting but also scary; that’s why we want to offer you advice and support throughout the process, so you feel your money and interests are always in a safe place. Prideview Properties has a wide expertise since we’ve been getting successful deals for our clients for more than 30 years. Contact us today to find the best property to invest in!