Should I invest in Solihull commercial property?
Yes, Solihull is a proven favourite investment destination outside of London. The West Midlands town has seen swathes of investment poured into the region as it benefits from so many micro and macro economic factors.
Unbeknown to many, Solihull has the highest rate of economic growth outside of London with key international investment proving the difference. 5 universities within a 12 mile radius and over 40 million people within a couple hours drive of it’s boundaries, the areas central location in the country has full access to an incredible workforce of highly skilled individuals.
The quality of life in Solihull is not just above the national average but amongst the highest in the country. Low deprivation, highly educated citizens and a high density of services, travel links and hospitals, Solihull provides over £10 billion in GDP revenue to the UK. For a town of 125,000, a GDP per capita of £52,000, the area is a powerhouse of the West Midlands.
Manufacturing and IT service sectors run parallel along one another in the key industries for Solihull, firms such as JLR, Tarmac and Lucas Aerospace.
What commercial property is best to invest in Solihull?
Capital investment in the area is huge and as leading Solihull commercial property agents, we rely on our own data to help form your opinion on the best asset class to invest in.
2021 seen the most investment deals completed in Solihull in over 15 years with the same year hosting the transaction of Jaguar Land Rover Logistics Centre for over £140 million
In the same year, industrial property to let in Solihull was the strongest with increased demand for such little stock. Retail sat last behind office as the pandemic played part in damaging an already struggling high street.
Overall, the best property sector to invest in Solihull was industrial. This mainly plays part due to the low availability of the asset class in the region. In regards to value for money, offices proved strong with an average yield of over 7.5% net.
How to invest in Solihull?
With HS2 and the HS2 interchange in Solihull bringing travel time between the area and London to just 37 minutes, Solihull’s connectivity to London and the world will be unprecedented.
Out of all areas of the route on HS2, the Birmingham and Solihull are by far the biggest beneficiaries from the project.
The best way to invest in Solihull commercial property is to speak to a commercial property consultancy within the area. We just happen to be the single most established commercial property agents in the area.
Call us on 01564778890 or visit our contact us page for more information.