Where Is The Best Place To Buy Commercial Property?

In recent years, Birmingham is the best place to invest in commercial property within the UK.

And the same goes for residential, according to the figures below, Birmingham ranked out number one for the best place to purchase property in the UK.

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Where is the most expensive place to purchase commercial property in the UK?

Unsurprisingly, London, particularly the Westminster and Soho areas.

Despite allegations of downturn and all round negativity, the capital still remains an extremely strong market for commercial property. Soho, the West End and in-particular Bond St are all seeing record rents and growth.

Where is the cheapest place to invest in commercial property?

According to recent studies, Manchester ranks number 1 as the cheapest place to purchase a commercial property

Savills UK stated in 2021, that Manchester had the highest number of  purchases of commercial property in the UK, closely followed by Nottingham. The average price being £50,000 for properties ranging 100-1,000sqft.

The data

Home to the largest economy outside of London. Birmingham is the single most important hub of trade after the capital. Being the main beneficiary of the HS2 development and with re-generation occurring all over the city from Digbeth to the Jewellery Quarter, the city is witnessing record demand and soaring rental figures in both commercial and residential.

Birmingham has the Snowhill Masterplan, the NEC masterplan, the Digbeth masterplan and a directory of developments and regenerations all due for completion in the next decade. Over 2,000 jobs have been created at Curzon St for the new station.

How much are property prices set to rise in Birmingham?

The second city is to see property prices rise by 27% by 2026 according to a new study conducted by JLL

Shepherd Commercial are set and ready to facilitate these transactions as we promote investment to Birmingham and it’s communities.

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