We read with interest a report from Colliers property agents which discusses the impact of the autumn budgets last year on occupiers, who have adopted a noticeably more cautious approach, when looking at new premises compared to the same time last year. Given the continued short supply of industrial units and warehouses, it is expected that this deliberation will only be for a temporary period.
Colliers report that there is however one particular area of the commercial property market which continues to flourish; that being the trade counter sector.
Whilst tenants of these buildings are also having to confront the present economic conditions – their business case for expansion or relocation of stores is far easier to justify, having developed tried and tested models for making profitable decisions.
View Towngate’s Trade Counter Properties Here >>
The feedback from the report also points out that, for those businesses who are willing to make a move in the current climate, they can do so without the stress of numerous other occupiers battling for the same property; which can only be a good thing from a tenant’s perspective. Trade counter occupiers will typically track their performance over a ten-year period, using this data to develop a long-term expansion plan and support growth targets across the UK; often opening multiple sites within one given region.
To find out the key considerations that trade counter occupiers consider when planning to acquire new premises or use to justify further expansion, please click below to read the full report:
Trade Counter Growth Report from Colliers – Read More >>
Alternatively, please click here to view Towngate’s Trade Counter property portfolio >>