Wed, 13 Jun 2012 | COMMERCIAL PROPERTY
The commercial property market in the Midlands is showing signs of improvement, according to a recent Lloyds TSB Commercial report.
The Property Matters report, published on a quarterly basis, showed a clear difference between last year's results and this year's figures, with a strong swing towards optimism seen in the Midlands, while business owners in London appeared less confident in the market.
Around 18 per cent of respondents stated that they expect activity to slow in the commercial property market, while 54 per cent predict that it will stay at current levels in the Midlands, which leaves a net confidence score of +10.
Andy Watts, relationship manager for the bank in Birmingham, commented: “From a bank perspective, while it would be nice if this crucial sector of the property market were confidently expecting 2012 to be significantly better than the latter half of 2011, that isn’t going to happen without far more tangible evidence of movement in the market.
“However, the slight swing towards a belief in an upturn in the market and the fact that less people are predicting a decline is a positive sign.”
This award-winning car repair, MOT, and sales business in Loughborough offers a unique turnkey opportunity, boasting over 30 years of stellar reputation and state-of-the-art technology, including the latest 3D 4-wheel alignment system.
A rare chance to own a well-established restaurant in the heart of West Didsbury, a vibrant area known for its popular bars and independent shops, with high foot traffic and excellent transport links.
LEASEHOLD
This well-established off-licence and newsagent in the bustling area of Middleton offers a prime location with high levels of passing trade, surrounded by residential and commercial establishments.
LEASEHOLD
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.