Word on the Street – Commercial Property in 2015 (Part 1)

Commercial property has been praised across the country for its levels of performance for quite some time, but wherever you look there always seems to be another story that bolsters that promise to even higher levels. According to the BBC, Northern Ireland has recently posted its best results in years with regards to the commercial property industry. Apparently, 2014 alone saw a total of £500 million being made in terms of sales, and this represents an increase of 186% when you compare the situation to 2013’s results. That’s a staggering amount of growth, to say the least, but the question on many people’s minds is now ‘just how long can this success realistically keep going?’

It’s definitely a legitimate question, and without being a fortune teller you can’t provide a conclusive answer, but there are undoubtedly trends to observe and predictions to make. In the rest of this post and in our forthcoming feature, we’ll be discussing a number of likely developments that most analysts are looking forward to over the next 12 months. Read on to find out more…

 

Continuing Levels of Growth

If you want a summary of the main talking points, then this is probably it: commercial property is going to continue to excel throughout 2015. In terms of the UK as a whole, the highest level of growth since 2010 has been witnessed, and that’s almost universally acknowledged. However, that’s not the whole story, as there should certainly be more to look forward to as well.

 

Countrywide Opportunities

One of the standout points to remember this year by has been the dominance of London in the commercial property headlines, but if you looked closely you’ll have also seen that many other UK areas were beginning to creep out of the capital’s shadow by the close of the year. Encouraged by the unprecedented escalation of many London property prices, opportunities elsewhere were becoming increasingly attractive, and the ongoing economic recovery is set to keep that ball rolling.

 

Stay tuned for the second half of our discourse on what 2015 holds, but do remember that there are solutions if you’re finding the aforementioned London property climate hard to navigate. The Prideview Properties team specialises in investment property in London, and we’re more than happy to guide you to all the best deals both during this year and beyond. To find out more, contact us now by calling 0208 863 8680 or email our professional team at enquiries@prideviewproperties.co.uk.

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp
Share on pinterest
Share on email

CONTACT US

LATEST DEALS

Don’t miss out on our opportunities

Advanced Search

Try Selecting Multiple Options to search

Recent Articles:

22 Lockdown Deals Done as opportunistic enquiries surge

In the 3 months since the nationwide lockdown commenced in late March, the Prideview team has dealt with an unexpected …

Read More

Covid-19 debate: Buy now or wait til September?

For anyone looking for investment opportunities, this is the key question of the moment. Listen to these highlights of a …

Read More

Infographic: Pro Tips for Landlords Facing Coronavirus

If you found this useful, check out our full analysis of these issues in our Complete Guide for Landlords Facing …

Read More

Current Opportunities

In Auction
£ 2,350,000

Development Site with Planning, Leicester

510 Melton Road, Leicester, Leicestershire, LE4 7SP
Call for price

Gym & Cafe, Liverpool

Lower Ground Floor, Silkhouse Court, 7 – 17 Tithebarn Street, Liverpoool, L2 2DP
Call for price

Heron Foods, Crewe

Heron Foods, site of former Merlin PH, Bradfield Road, Leighton Crewe CW1 3RH
Call for price

Co-op Food, Loughborough

Co-Op KnightThorpe Road, Loughborough, Leicestershire, LE11 4JX
Current Opportunity
£ 1,000,000

Vacant Restaurant & 3 Flats with Development Potential, Newington

53-57 High Street, Newington, Kent, ME9 7JJ
£ 50,000

Vacant (To Let) Retail Unit, Doncaster

Formerly The Factory Shop, Scrooby Road, Harworth, Doncaster, Nottinghamshire, DN11 8JW

Vacant Former Post Office, Pinner, Greater London

Ground Floor Unit, 67 Bridge Street, Pinner, HA5 3JB
Call for price

Sainsbury’s, Pharmacy & Restaurant, Wootton

Berryfields Local Centre, Fields Road, Wootton, Bedfordshire, MK43 9FZ
Call for price

Iceland, Hucknall

Iceland, Ashgate Road, Nottingham, NG15 7AQ
Call for price

Mixed Parade (8 shops & 2 offices), Ashton-under-Lyne

37-49 Warrignton Street, Ashton-under-Lyne, OL6 7JG

The Home of the Blue-Chip Investor

Click the logos below to see relevant investment properties