Want to discuss how to maximise your property portfolio?

Commercial

Commercial Property insight: Ready for life after lockdown

By Dhaval Popat

Commercial property has been impacted greatly in 2020 due to the pandemic, business owners and their landlords have all been trying to survive across all sectors including Retail, Offices and Industrial. The following sectors have all seen different outcomes of supply and demand and we at Reign Commercial have been at the forefront of this. 

Whether you are operating from a commercial space already however need to downsize or are looking to take on new business premises there are many routes to consider for 2021. 

If you are already in a lease, what does your current terms allow you to do? 

Have you discussed your business future viability with your landlord? 

An open and honest conversation with your landlord may take you a long way! 

What sort of premises do you need to maximize the productivity and motivate to work well as a team? Will working from home permanently work for your business and its growth?

Questions for business owners looking for new premises; 

  • Why do I need premises? 
  • What is the best location for my premises? 
  • Is it lockdown proof i.e. are you in a key sector where your client needs to visit you to purchase your product or service? 
  • Do you have an online presence? We believe an online presence in this economy is vital to any business whether that be new technology for processes or social media presence to capture your audience.This is something we have implemented throughout our own business. There are many further questions to consider which we have outlined on our website. 

Leicester is a fantastic entrepreneurial city; 2021 is a great opportunity for all businesses and landlords to become adaptable and rethink strategies. So whether it’s home-working, offices, co-working or a prominent retail/industrial position, with lockdown soon coming to an end; where do you see yourself in 2021?

If you're looking to stay up to date on the property market or have a commercial property you want to discuss, contact us at 0116 2161789 and join our mailing list

Stay up to date

Get our monthly emails to hear about latest properties and news