If you’re looking to relocate your business and are interested in commercial property Buckinghamshire then our informative guide will help give you all you need to know. Situated within 1-2 hours commute from London and featuring plenty of green, leafy suburbs, Buckinghamshire is an affluent county with plenty to offer any aspiring business looking to make inroads in the area. We’ve compiled an overview of all the information you need to know if you’re considering purchasing commercial property Buckinghamshire.
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Strong Links to London
One of the most important things to consider when purchasing commercial property is the range of transport options available. This is important both for the transportation of any goods or services your business might provide, but also when considering the commute for your employees. Of course, one of the biggest draws to Buckinghamshire is its close proximity to London and all the benefits that brings with it. Luckily, Buckinghamshire is well-connected with most towns being within easy access of London. By road the M25 and M40 offer quick and easy access both into and out of London as well as the rest of the country. The train services are also excellent, with some towns such as Gerrards Cross and High Wycombe even having express trains that can get you into London Marylebone in under an hour.
Lush Suburbs, High Prices
Buckinghamshire is a very affluent county and includes the top 3 richest towns in the country according to the Daily Telegraph. Many towns in Bucks are small, residential communities with plenty of green belt. Most towns have populations between 10,000-20,000 and feature smaller, more traditional 1-2 story buildings. There are comparatively few larger apartment-style buildings or office blocks. Land is therefore at a premium and there are few opportunities for brand new development. Most development consists of refurbishing existing structures or knocking them down and building back up on the same land.
This also means that you should consider the target market your business is pursuing. Smaller, boutique style independent businesses flourish on the small, traditional high streets of towns like Gerrards Cross and Beaconsfield. Of course, that is not to say that chains cannot be successful, with larger towns such as Aylesbury and High Wycombe having high streets more typical of ones you would find anywhere else in the country. High Wycombe also has the Eden shopping centre, the largest of its kind in the surrounding area and relatively new having been opened in 2008. It is a big draw from shoppers in the wider area and potentially a very lucrative opportunity for the right business!
Commercial Properties Big and Small
Though many towns and villages in Buckinghamshire are relatively small and residential, nevertheless plenty of commercial property exists. Whether your business is in need of office blocks or industrial warehouses, Buckinghamshire can accommodate. Smaller towns like Gerrards Cross and Beaconsfield offer retail and office opportunities (though most offices are smaller in size and built on the first floor of high street shops) while the larger towns such as High Wycombe and Milton Keynes also offer industrial warehouse units. Since there are few opportunities for new developments, expect any existing ones that go on sale to be in very high demand. Be prepared to get into a bidding war for most available properties and expect to pay more than the initial offering! Buckinghamshire is a very lucrative county for businesses but this comes at a cost.