Commercial Property Buyers
Commercial land, property or Industrial property can take time to sell. The typical route ‘and the reason that you may have come here to sell your property’ is a business transfer agent or a commercial valuer. They all use more or less the same property portals – Rightmove.co.uk, EGI Property Group, and etc. These are going to time as the demand for commercial property is less than that of residentials for sale.
The property has to be first listed, existing clients are informed and then left on the portals for a buyer to come along. This can take months if not years. When a buyer does come along, invariably they have to go to a lender to borrow money and we all know what entails.
Sell Commercial Property
On occassions we have come across hotels, pubs, shops and other commercial buildings where things have just simply not worked out. A business whose supplier folded leaving you in the preverbial, a financial hickup – where you run into a mortgage issues with your lenders. You may even have the lenders wanting you to sell the property to pay off your loans. We don’t see problems when it comes to buying a property – we will be completely upfront and transparent, so you know exactly where you stand with us.
What do we buy?
|Leisure||hotels, public houses, restaurants, cafes, sports facilities|
|Retail||retail stores and off licence shops|
|Office||office buildings, serviced offices|
|Industrial||industrial property, office/warehouses, garages, distribution centers|
|Healthcare||medical centres, hospitals, nursing homes, care homes|
|Apartments as ||Residential developments|
How do we buy property?
We have a number of funds and lenders that understand what we do and how we do it. If we think we your property is investable an offer will be made. On acccepting our offer we will instruct solictors and if you choose a solictor from our panel of solicitors we will pay all fees and adminstration costs. We typically exchange with weeks, in some cases days, and agree a completion date. Its as simple as that. Obviously we go throught the normal due diligence – but we try and make selling your property a ‘breeze’.
We will consider any value upto £15 million, beyond that we have to bring in partners to ensure the deal gets done. For more about us.
We also operate what are known as Lease Back options which mean you can remain in your retail premises at a rental rate. If any of these options sound like a suitable solution to the problem of selling your commercial property fast then call us on 0800 0122334.
Ready to get started? Fill out your full Property Brief now Here.
The Property Buyers are retained by a number of clients who will buy any type of commercial premises that are for sale including offices, Industrial Units and commercial land.
April 2019 Commercial Property Update
The UK commercial property market is still resilient, even in the light of Brexit
Demand for commercial property main stems from buyers from the Far East, in the main China and this has bolstered the by an increase of 12% compared to last year. The European investors are holding back due to the uncertainties of Brexit, UK Investors seem to have waded back but not as strongly as previous years.
Whether the political climate is good or bad, the UK market still remains a staunch contender for investors outside of Europe and London is the number spot for global commercial property investment.
There are pressures on the larger corporate landlords as their exposure to retail is putting immense pressure on them to reduce the rents. This brought on by online shopping and an ever-decreasing profitability in ‘Bricks and Mortar’. However, the yields remain consistently higher than the industrial sector.
Having said the industrial yields are lower, the lack of stock and a significant increase in the manufacturing sector together with availability of stock – the industrial sector is strong, consistent income-streams and lack thereof.
The North East due to lack of stock is the ‘darling’ of commercial property buyers. Prime, quality commercial sites with strong arterial routes are driving demand and therefore price. Goldman Hunter Properties have industrial units which are generating 7.6%.
The big demand for the larger retail units is driven by the need to storage and warehousing, as the online market grows. The cost of rental properties has driven many organisations to setup their logistics from their operations to the North East.
The North East has not only benefited from the industrial and warehousing boom – but in alternative real estate in the guise of Student Accommodation and the Healthcare and Leisure.