The national media seems to be obsessed by the euro and predicting the end of civilisation as we know it. However there is more to businesses than just the euro and during the course of 2011 we experienced a strong business community in East Sussex. There is evidence of good news but you will struggle to find it reported widely in the media.
Did you know that Barclays claimed 480,000 new businesses were created in Britain in 2011? Did you know car production in the U.K. rose by 6.1% and that U.K. food and drink manufacturers introduced 8,500 new products in 2011?
What was noticeable in 2011 was the demand for freehold commercial buildings throughout East Sussex. Lawson Commercial were successful in selling freehold factories in Ninfield, East Grinstead, Crowborough and several in Uckfield. Lawson Commercial also sold freehold offices at Office Village in Uckfield, London Road in Burgess Hill and Maypole Road in East Grinstead as well as investments in Uckfield, Haywards Heath and East Grinstead. Many of those transactions were to owner occupiers who were securing premises to run their businesses from and clearly those businesses were able to obtain the necessary funding.
Lawson Commercial partner Chris Lawson said: ‘We do seem to get mixed messages in the marketplace. Already in 2012 I have been telephoned by representatives of Barclays, Lloyds TSB and NatWest all claiming to have money available to lend and asking me to send them recommendations. The shops market in some of our popular East Sussex towns remains strong with very few available premises. We have recently completed successful shop lettings in Uckfield, Heathfield, Crowborough and Bexhill. For those towns in Wealden maybe the impact of free car parking for shoppers is having a significant beneficial effect as compared with some of the bigger towns where parking costs are a major factor.’
Lawson Commercial are looking forward to 2012 with the hope that the commercial market will continue to improve both in the supply and demand for commercial buildings.