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Commercial Property Let

The Amount of Commercial Property Let to Small Businesses has Grown

The growth in the amount of commercial property let to newly established businesses and small medium businesses has risen sharply over the last ten years.

This has been due in part to an economy that was expanding before the credit crunch and the rise in the number of small medium sized companies which were set up by people who decided to do something about their livelihood since the beginning of the credit crunch.

The previous boost to the economy by government programs has also helped to give rise to more small businesses which in turn need premises to accommodate their businesses.

Again the rise in the number of unemployed has spurred more people to start up their own businesses or become self employed and the demand for commercial premises has grown accordingly.

Commercial property let to small and medium sized businesses includes shops, industrial units, serviced offices, office buildings and office space.

Specialist trades such as carpentry and metal works have also seen an increase in demand as customers look for items that are unique and distinctive compared to the mass produced objects that are in your average store. Although this may not be in line with the current state of the economy, it is however a proven fact that new businesses with unique ideas do actually enjoy growth in such economies as most are borne out of the needs of the people at that particular point in time.

This has created a need for both a space in which to manufacture these items and also a demand for small shops or outlets where customers can browse and purchase goods.

Similarly the demand amongst the general public for organic and specialist foods has resulted in many small and profitable shops appearing on the high street, regenerating areas that were becoming run down and leaving premises unoccupied.

Commercial property found and then let via internet listings continues to grow as a younger generation looks for the easiest and most informative way to find exactly what they need without having to waste time and energy on phone calls and unsuccessful viewings.

If you are interested in a commercial property let then start to do some research on the internet and begin making price and location comparisons.

Whilst the last ten years have seen a growth in small business as outlined above - the current economic situation has left many tenants and landlords and estate agents feeling uncertain and this has resulted in some bargain priced commercial rental properties been made available.

If you are not too particular about the location or size and are willing to make some compromises you may be able to find a commercial property that meets all of your needs at a price that is much more attractive than you expected.

However, if location is the most important consideration for you then there is probably not much chance that you will be able to negotiate price, commercial property let in the most popular areas will be snapped up quickly and probably may not be up for negotiation.

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