Investing in Commercial Property in London

July 6, 2016

London is one of the most exciting and thriving cities in the world for businesses to establish themselves. Not only is there a bustling financial district, there’s also a growing arts scene and a fashion industry that makes the UK economy millions year upon year. Whatever type of business you operate in, there’s definitely advantages for your company investing in some commercial property in London, the only problem is choosing the right area. Here’s how to make a decision on where’s best to invest:

  1. Source the best area for your industry

London rental prices are sky high, especially when it comes to commercial property. Weighing up whether the cost of a trendy and well know location will help benefit your business is crucial before choosing an area to settle. With many areas of London cropping up as the new hip place to be year on year, depending on the type of industry you work in, you may be able to get more for your money in a less known borough which is set to become popular over the coming years. Areas that are synonymous with certain industries can have both benefits and drawbacks as it can give your business more credibility or be positioned too close to strong competition, speak to experts at Bilfinger GVA for advice on the best places to invest.

  1. Think about the future

Financially, investing in property in an up and coming area may seem like a great idea but when it comes to thinking about the long haul, it may be worth re-evaluating your location of choice. If you’re planning on making a long-term investment for the future of your company, an up and coming area may be only be the in –thing for a couple of years and investing in somewhere more established could be more beneficial in the long run.

  1. Cost

Undeniably, London is expensive and the most well-known business streets are going to be competitively priced. Looking at locations close to these areas could be a good idea to try and mitigate the cost whilst still being close to the most well-known districts for your industry, in order to boost your business’ credibility.

Wherever you choose to invest in commercial property, doing your research beforehand is essential. Check out where competitors are based, what the better areas for your business are and most importantly where you can get the best building for your money that will help to expand and grow your business.

Christopher Walkey

Founder of Estate Agent Networking. Internationally invited speaker on how to build online target audiences using Social Media. Writes about UK property prices, housing, politics and affordable homes.

You May Also Enjoy

Rightmove logo
Breaking News

Back-to-school buyer bounce outpaces typical September uplift

New real-time analysis from the UK’s largest property platform Rightmove reveals that buyer demand received a stronger than usual back-to-school boost during the first week of September Buyer demand increased by 5% during the opening week of the month, significantly higher than the average increase of 0.4% seen over the same period during the last…
Read More →
Letting Agent Talk

8,500 tenanted homes currently on the market

8,500 tenanted homes currently up for sale as TLP highlights importance of clean client money handovers   More than an estimated 8,500 homes are currently being marketed for sale with tenants in situ across England, according to the latest analysis by The Letting Partnership, presenting landlords with the opportunity to acquire an investment generating rental…
Read More →
Estate Agent Talk

Which property types take the longest time to buy?

From complex flats and shared ownership homes to new builds and unusual titles, Lyons Bowe reveals which properties can create the biggest conveyancing workload   The latest insight from Lyons Bowe has revealed which types of property are most likely to require the largest and most complex conveyancing workload, potentially adding more stages to the journey…
Read More →
Commercial Agent Talk

Building Site Accidents and Compensation: A Guide for Injured Workers

One mistake, one faulty piece of equipment and an unsafe working setup could cause a construction laborer much more than just aches and pains. One injury can result in medical costs, showing up on working days, reduced income and a path to long recovery. Under certain circumstances, the workers may be entitled to get compensation…
Read More →
Estate Agent Talk

First-Time Buyers: Why 4–5 Houses is the Sweet Spot

House hunting before the stress kicks in: Four to five houses is the sweet spot for first-time buyers Just 20% of us feel excited on a first property viewing, rising to 47% by viewings 4 to 5 There’s a U shape trajectory of excitement when it comes to the viewing process However, there is a…
Read More →
Breaking News

Two in five mortgage holders switched banks for a better mortgage deal

Of those who have a mortgage and switched banks, 41% did so to get a better mortgage rate deal and 30% did it to receive an incentive related to their mortgage Only 15% of people moving home switched their bank account during the move, while far more switched broadband (46%), energy (38%), and mobile phones…
Read More →