London is a thriving city and therefore an attractive location for businesses of many types and sizes. Whether your operation is already located in London or you’re looking to relocate it here, commercial agents in London will form a vital part of your search.
You might be wondering why you’d want to have your business in London in the first place. The fact is that as well as being the capital, it’s also at the heart of the UK’s business and financial world. This means easy access to a range of services and other businesses in the same or similar sectors.
Strong transport links to the rest of the UK and Europe mean that London is easily accessible. Add in the features of the city itself and its potential for entertaining and impressing clients, and you can see why so many companies choose to have either their main location or at least a presence in the London area.
A firm of good commercial agents in London will know the city well and be able to advise on the best locations to suit your particular needs.
Buy or Let?
Once you’ve decided on London as a location, you need to think about whether to buy or rent a property. Partly, this will depend on the nature of your business and your plans for the future. If your company is expanding fast, you may not want to tie yourself into buying a property that you’ll quickly outgrow. In these circumstances, finding a commercial property to let is an attractive option, as it’s easier to move on when you need more space.
On the other hand, if you’re looking for a degree of permanence, then buying a commercial property may be the right option and in the long run could prove to be more cost-effective. There is, of course, also the potential for investment buys, allowing you to take advantage of the busy London rental market. Even if you’re looking for accommodation for your own business, you may choose to buy a property that’s larger than you need and earn extra income by renting out the surplus space. Experienced commercial agents in London will be able to advise you on the likely earnings potential of any such arrangement.
Davis Brown has many years of experience handling commercial property in London, and our experienced staff are always happy to discuss the requirements of your business.