Why this summer is the right time to sell commercial property

July 2021

As we begin to emerge from Covid restrictions, it’s evident that the UK finds itself in a very particular set of circumstances. A re-evaluation of our work/life balance has caused a migration from many City centre offices, there has been a surge in start-up businesses and lockdown has created a boom in e-commerce. In short, I have never known a time like it in my career in the commercial property industry.

Worcestershire itself has always retained a thriving business community and that is even more the case now. Its central location is ideal for those wishing to distribute goods around the country and modern office space close to motorway junctions is attracting office occupiers who no longer want to commute long distances. As a result, good quality office and industrial property is in huge demand.

So if you own commercial property in Worcestershire and have been thinking of selling for a while, my advice would be to act now while interest rates are low! We’re seeing record sales figures, with 4 or 5 offers on every freehold property within days of coming to market. Experience tells me that circumstances will prevent this being the case forever. 

For further details please contact Andrew Lewis on call 01905 676169 

Our Worcestershire Commercial Property Market Report 2021 is now available and can be downloaded here

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