Monthly Archives: December 2013



Victorian Seaside Pier on the Market

Posted on 6 December, 2013 by Kirsten Kennedy under Commercial Sales and Lets, Top Properties

With sunny weather bringing record numbers of tourists to the UK in the summer, retailers and leisure businesses in seaside towns especially will be looking forward to 2014 and hoping to build on these positive foundations and encourage growth in regional... Read More

Prince Charles calls for Development Time Limit for Historic Properties

Posted on by Neil Bird under Commercial Developments, Top Properties

The Prince of Wales has called for the introduction of a development time limit covering historic properties. The Prince believes a change in the law would force owners to take a responsible and sensitive approach to redevelopment, and that those who neglect... Read More

Blockbuster blames Business Rates for Closure

Posted on 5 December, 2013 by Kirsten Kennedy under Business News, Industry News

DVD and games rental chain Blockbuster entered administration for the second time this year in October, with mass store closures across the country greatly affecting employees in the run up to Christmas. Unfortunately, this trend appears set to continue with... Read More

Indian Property Company buys Canadian High Commission Building

Posted on by Cliff Goodwin under Commercial Sales and Lets

In its first venture outside Indian property company Lodha has purchased the Canadian High Commission building in London for £306m. The Mumbai-based group beat off six rivals — including bidders from the Middle East, Asia and Russia— to snap up... Read More

Tyneside gets first High Street Digital Wall

Posted on by Cliff Goodwin under Business News

The country’s first digital shopping wall — which aims to give smaller businesses a virtual presence on the high street — has been launched on Tyneside. An empty storefront on South Shield’s King Street — once the town’s retail hub — has... Read More

Lidl to Expand UK Store Network

Posted on by Kirsten Kennedy under Business News

The recession may have officially ended several months ago, yet the financial pressure upon UK households still continues to have an impact on consumer spending habits. A new trend, for consumers to actively pursue budget-friendly purchases wherever... Read More

High Streets need Radical Action to Survive says Report

Posted on by Cliff Goodwin under Industry News

Reviving Britain’s ailing town centres will need radical action and planning, according to a new report. The Distressed Town Centre Property Taskforce — set up after retail guru Mary Portas's review of the High Street — claims the scale of the... Read More

Business Bank HQ to Move to Sheffield

Posted on 4 December, 2013 by Kirsten Kennedy under Business News

Business start-ups have become key driving forces behind the growth of the UK economy, with the latest Entrepreneurs Index revealing that more than 90,000 new businesses were established during the first half of 2013. Business Secretary Vince... Read More

German Market attracts International Investors

Posted on by Cliff Goodwin under Commercial Sales and Lets, Worldwide Property News

Investors looking for a better return than London or other European markets are turning to the German property market to boost their portfolio. The rush for high yield investments has increased transactions by 18.6 per cent so far this year and is... Read More

Business Rates to be capped in Autumn Statement

Posted on by Kirsten Kennedy under Business News, Industry News

In recent months, the campaign to freeze business rates, or overhaul the system entirely, has been stepped up by retail and property bodies as Chancellor George Osborne prepares to release the details of his Autumn Statement. However, the BBC has... Read More