One of the big challenges in our current climate of austerity is persuading people to spend and simultaneously encourage responsible levels of outgoings in line with the individual’s income. Encouraging spending is one way in which the government hope to bolster the UK economy, yet as unemployment increases and things like transport, education and healthcare become more expensive, the average earner will often feel unable to afford the shopping trips and little luxuries that improved the daily grind just a few years ago. Of course, there are some things we simply cannot do without, so those businesses dealing with essential commodities need to seize this moment to take the lead. While many products can now be bought on the internet, we still prefer the real-life shop experience for buying things such as groceries and clothes. This is why businesspeople should be focusing on the great retail experience that shops to rent in north London or shops for sale in London could provide. There is nothing like being greeted and feeling valued as a shopper so entrepreneurs should invest in commercial property in north london that affords time and space to customer service.
In actual fact, it is not only groceries and clothing we’d rather to buy in person than online: statistical reports suggest that the average earner is willing to make reductions in most areas but is still unprepared to cut back on spending in cafés and restaurants. And cafés and restaurants obviously need physical floor space that only commercial property can provide. Not only do they need space, they also need attention to detail because they should be social hubs delivering warmth, a friendly atmosphere and above all excellent food and drink. Businesses seeking to cater to this market should not see themselves as privileged islands, however; they might best succeed in the long term if they make the effort to join forces, or at least to support, their neighbouring retailers. Because a friendly, supportive high street will really boost the mood and the economy locally and, by extension, nationally.
Now is the opportunity to look seriously into shops for sale in north london then. Or, if you want to test the waters, why not try for a shorter term plan in shops to rent in north London? Camden, Islington and Stoke Newington are definitely great places to invest in commercial property London as their ideal mix of more advanced and younger residents mean that spending power and a desire to socialise are at healthy levels in the community.
Please visit https://www.claridges-commercial.co.uk