Over the past 5 years Commercial Property in London has seen a sudden rise in values reflecting a pattern that has been seen clearly in the residential market. Office space in London has also felt the effects of this sudden increase in prices causing a corresponding lift in rental rates to cover these costs. Recently however, it has been seen that whilst these rising cost have been good news for owners of retail space in London or office space in London, who have enjoyed a healthy capital appreciation, it also has been bad news for future growth as buying new properties has become more and more expensive. The main problem is that demand for commercial property has fallen as the economy has leveled off; causing rental returns to stall therefore the margin between the cost of finance and the rental return has been closing. Recently, that actually met; and the return on investment was approximately at 6% which was equal to the standard interest rates charged by all lenders. Now though a small margin has returned and commercial property in London is a more attractive proposition.
Because of the large number of foreign and national business men traveling to London bed and breakfasts in London or guesthouses in London have a plentiful supply of custom. Areas in and around the major train stations such as St Pancreas are an especially sound investment.
Retail space in London has been in extremely high demand. Central London commands rental rates that are 4 times higher than the national average. The strong London economy has been driving a good volume of business through the popular shopping areas, such as Soho or Covent Garden making competition for shops in London in fierce.
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| Date Listed: | 2008-06-26 |
|---|---|
| Type: | Restaurant / Café |
| Size: | 1500 sq. ft |
| Category: | For Sale |
| Rent: | Not Applicable |
| Price: | £49,995.00 |
We are pleased to present this South Indian Restaurant located on Bedford Hill approximately 400 yards from Balham Tube Station. The restaurant which also enjoys a thriving takeaway service, is presented in excellent fashion. With 52 covers on premises of approximately 140 sqm (1500 sq ft) over 2 floors. The property has undergone extensive renovation to make it one of the premier restaurants in this Area. Genuine reason for sale,very good takings. Please contact for further details.
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