The
commercial property sector is to come under further pressure during 2012 in the
light of the current economic climate and the uncertain times ahead for the
Euro Zone. Both rental and capital values
started to show sign of weakening during the Q4 last year and are expected to continue
to decline during 2012 as the continuing uncertainty over the future of the
British recovery continues. Tough market
conditions in the retail sector have led to have affected high streets across
the country. Even the usually resilient London
However,
all is not lost! With the decline in
value for the landlord comes the increase in opportunity for the tenant. Now is the ideal time to undertake a comprehensive
review of all your lease and occupancy arrangements.
- Are you able to
exercise any lease breaks?
- Are any leases up
for rent review?
- Are you holding
over?
- Have your business needs
changed?
- Is your occupancy at
the optimum?
- Could you place any
non essential requirements in better value accommodation?
- Is there an
opportunity to outsource activities?
Every
cloud has a silver lining, see what lies behind this one for your business.
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