- 18th January 2017
- Commercial People
Purchasing commercial property requires time and effort, and although there are common milestones in most sales, there's no such thing as a “routine” real estate transaction.
Our advice is therefore to hire experts to help you along the way with some of the most difficult steps.
Which and how many experts depends largely on the type of property you're purchasing, but at the very least, you will need to hire an accountant, commercial real estate lawyer, commercial realtor, and a mortgage broker.
In many cases, if the property is more complicated, then other speciali... Read more
- 11th January 2017
We have said time and time again that when searching for a property location is everything. In a previous post published on Commercial People South Africa, we explained how the proximity to a good school can add great value to a residential property. Today we'll discuss what adds value to an commercial one.
When looking to rent a space for your company, whatever sector your business deals in, it's important to set up an office in an area that can be easily accessible not only to your clients but also to your staff.
Will your customers find it easily? Will your team members b... Read more
- 04th January 2017
- Commercial People
Since it was first established Commercial People has continued to evolve and to expand, so much so that we currently have access to a database of more than 200,000 investors.
Agents not only recognise the benefit of working with a global platform and having exposure in over 100 countries, but they also recognize the efficiency of our website, franchising and services.
Through Commercial People, property listing is made as simple and clear as possible, without having to compromise on essential details. Your property description will in fact be accompanied by an unlimited gallery of photog... Read more
- 28th December 2016
Most leading forecasters predict UK house prices will experience a marginal rise of 1% to 4% in 2017.
For many, this sharp deceleration from 2016 will be a consequence of a general slowdown in economic growth, as well as that of potential rises in unemployment and pressure on household income. Nevertheless, the low interest rates and subdued housebuilding levels, will continue to edge slightly higher, with the average house price estimated to rise between £220,000 and £226,000 in the upcoming year.
As for the London market, house prices currently stand at nine time... Read more
- 25th November 2016
- Industrial Properties
When you’re looking to purchase a manufacturing business that is up for sale, there are a few things that you may need to consider before you sign the contract and hand over the money. Despite in many areas of the country, manufacturing businesses have shifted off shores over the past several years, there is still a lot of opportunity for people looking to get into the manufacturing business. The challenge is however, finding an existing manufacturing business that has a bright future – as this is going to be far easier than starting one from scratch and hoping it grows with such t... Read more
- 22nd November 2016
- Business and Economy
While the UK’s economy has overcome the initial shock of the Brexit result, with the GFK consumer confidence recovering from -9 in July to -1 in September, the market has been hit by a sharp decline since the referendum However, there appears to have been no sign of the savings ratio being on the rise – which will not only have an impact on retail stores and their future, but also on the larger UK economy particularly in the quieter shopping months at the beginning of 2017. While there is a broadly positive story for commercial property looking ahead, that doesn’t mean that t... Read more
- 17th November 2016
- Featured Properties
Not every empty space is an ideal place for a restaurant, and there are a few things that you will need to consider. If you get the location wrong, you’re highly likely to end up losing customers rather than gaining them. Creating the right atmosphere and having the right geography for a potential restaurant location are two very important considerations. Here, we’ve put together a list of not only how to find the right location, but also where these idyllic restaurant locations for lease are.
One thing you will need to consider when opening a restaurant is parking. S... Read more
- 16th November 2016
- Hotels and Leisure
Up to £10.3b could be ploughed into the UK hospitality industry if a reduction in VAT is announced as part of the Autumn Statement next week.
That is according to research from commercial insurer NFU Mutual, which found two thirds (67%) of consumers would increase some spending if VAT is reduced.
Of those people who are likely to increase their spending, 53% said they would spend more on eating out, weekend breaks and leisure. NFU Mutual said a 5% cut in VAT could provide the average UK adult with extra spending power of £547 per year.
Darren Se... Read more
- 16th November 2016
- Commercial People
Commercial People was established as a worldwide search portal to provide comprehensive access to commercial and residential properties to buy and rent worldwide. Our aim is to be the largest global property search portal. This portal is where all property seekers will find their properties to buy or rent. Another aim is to be the most efficient and recognised site in the world, whether you are searching for a property in an emerging country in Asia or a establised country such as the United States. Our objective remains the same, to be the advertising choice fo... Read more
- 11th November 2016
When it comes to finding the right commercial retail space for you, there a few factors that you should consider. Knowing your brand inside out, your brand’s needs and requirements and the type of property that you need to be looking for in order to cater for your brand are the first steps when searching for commercial retail space for rent. There are few different ways that you can search for a premises that will match your business needs, and our comprehensive listings here at Commercial People will provide you with a lot of properties to consider. We have the expertise of the commerci... Read more