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[C850]Commercial Property Agents In

by Shivani Gurtu-louth, Shi

In business terms, London offers businesses facilities, services and opportunities far beyond the reach of any other location in the UK. It is facilitated by five major airports, each one leading directly to other major European sources of trade and industry, in addition to its international links further afield. Indeed, Europe is now closer than ever before; with the Eurotunnel, flights and ferry services to a variety of European locations, a business trip across the channel can be undertaken in a single day.

London itself is also serviced by all the major road and rail networks, making the transport of goods incredibly convenient and, in addition, allows delegates to travel to and from business conferences with great ease. Because London has built up and evolved around business, it also offers a broad range of amenities and facilities for the prudent-minded business-owner to take advantage of.

Most people assume that a London address comes complete with a London price tag. Whilst this may have been true in the past, the current economic climate has seen landlords dropping their rents to an all-time low and offering financial incentives to pull potential tenants through the doors. This is the result of the banking industry having downsized their workforces in the face of the credit crunch. Rather than operate a half-sized staff in full-sized offices, many of them have vacated their premises, leaving a surplus of commercial property in London. In turn, this has seen the rise of the tenant's market, as landlords would rather be receiving some rent, rather than no rent at all.

For those considering relocating to a more prestigious address or taking up commercial property in London for the first time, there has been no better opportunity. In order to ensure that you get the commercial property London has to offer your business – and at the best price – you would be best advised to hire the services of good commercial property agents.

The best commercial property agents in London are likely to be independent, meaning that they will have no loyalty to a landlord or firm; their loyalty is to you, the client. With this established, they can use their powers of negotiation to secure you the best deal. However, negotiating skills are not the sole qualities that make an agent worth their salt. Good commercial property agents will have an insider's knowledge of the emerging hotspots in London and those that are likely to flourish in the future. For example, the 2012 Olympics will have far-reaching effects in certain areas of London; a good agent would be able to help you draw up a long-term plan that allows you to tap in to any advantages offered by this.

Commercial property agents can also help with more practical aspects, such as deciding where your business should be located, in relation to local amenities. Using this advice, you can be sure that the flow of your business is not interrupted during the process and you may even pick up a new client along the way. They may also have an idea of any proposed changes to the locale, such as future road works or complex developments. All these can have some bearing on where you choose to establish your company.

Using a commercial property agent is a prudent way to stay ahead of the competition and find a business property that serves your company to the best of its abilities.

Prices have risen on the island as buyers - mainly British and German - have moved in, but there are mixed signals coming from the property and tourist sectors, which could see a freeze in Majorca property inflation, and possibly even a dip in prices in the near future.

Official figures for Mallorca holidays this year indicate an increase in tourist numbers by between five and seven per cent. And it is from the pool of holidaymakers where property sales often happen a few months later, as some visitors like the island so much they decide to look into buying an apartment or villa, with some even retiring to the island, or buying a business.

With the increase in visitor numbers, property demand should in theory be good for this year.

Cheap Majorca flights have been running for some years now, and even with increased air tax in the UK, Majorca is easily accessible from more than a dozen airports in the UK for property owners and tourists alike, with a flight time of under two hours, allowing a market for weekend homes for overseas property buyers.

Although one of the earliest package holiday destinations with companies like Thomson Holidays, Mallorca has had new competition in recent years from the former Soviet Bloc countries in Eastern Europe, that are now able to offer cheap holidays to the British market, and for the property market countries like Croatia and Bulgaria have been able to offer apartments and villas at a fraction of the price Majorca can offer.

In response, the island has fought back showing it's not just the weather in Majorca that attracts property buyers, but a well established market with the infrastructure in place to protect overseas investors money.

Any slow down or possible reversal of property prices could be welcomed by the local Mallorca population.

They have seen the price of property in Majorca escalate, and many have been priced out of buying their own home.

This has led to some protests, with a demonstration against plans for more development in Majorca being held earlier in the year, with the belief that developers will destroy what is left of Majorca's open spaces, and rendering the map of Majorca unrecognisable in years to come.

With encouraging tourist figures, Mallorca hasn't been resting on her laurels. This summer's SuperCup yachting event has seen the appointed of an experienced race organiser, in an attempt to make the event more high profile.

Similarly, neighbouring island Menorca is hosting a Classic Yachts weekend, with entrants expected from across Europe, with the event boosting occupancy for Majorca hotels.

Of the three Balearic Islands, Ibiza comes top for spending per tourist according to official recent statistics, reaching nearly a hundred Euros a day per tourist, with Majorca second, and Menorca third.

Current prices for property in Mallorca include brand new 2 bedroom 2 bathroom apartments in Puerto Pollensa at 285,000 Euros, a country house with its own pool at 1,500,000 Euros, and a three bedroom three bathroom villa with its own pool at slightly less.

Only time will tell if property prices will fall in Majorca.

Article Source : Property Agents

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Shivani Gurtu-louth has sinced written about articles on various topics from Office Space, Property Agents and Property Investment. Shivani Gurtu-Louth - Operations Manager of Devono Property Limited. Devono are the only to exclusively represent tenants looking f. Shivani Gurtu-louth's top article generates over 18100 views. to your Favourites.

Tribune has sinced written about articles on various topics from Employment, tax and Property Agents. More details about to Mallorca and the resort of Alcudia with