The United Kingdom is full of opportunities and its capital city is one of the world’s best Everyone would want to take a piece of the pie so it should be no surprise if people want to invest in a commercial property for sale London.
For the relative newbie, the obvious question here is a why. Why London and what’s so promising and covetable about it?
There are 3 command centers in terms of world economy and that includes Tokyo, New York and the UK’s very own capital. As the largest and leading global city in Europe, it’s brimming with so much potential and opportunity not just for its citizens, residents and visitors but also for entrepreneurs who wish to set up their business. With its strong and promising economy, more and more individuals and families would want to stay here, either temporarily or for good. This in turn gives rise to more companies and a higher demand for commercial properties.
The city is likewise a world leader and a financial center for commerce. Finance is the city’s largest industry and it serves as home to several financial institutions from the smallest to the most established including over 50% of the Fortune 500 companies. It houses the Bank of England, Lloyd’s of London and the London Stock Exchange to name a few.
London is likewise a major center for higher education where its 43 universities form much of Europe’s higher education. Many world renowned educational institutions are also based here. This attracts more people and with that businesses too. Again, there’s more demand.
Transportation-wise, it has the world’s biggest city airport system and is considered one of the world’s biggest ports where it handles around 50 million tons of cargo annually making it a major cargo-transportation center. Because of this, businesses involving importation and exportation choose to operate in the area.
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Of course, we can’t let this discussion finish off without mention of London’s tourism. It is for a fact a top destination and Europe’s most visited. It attracts an average of about 14 million international tourists annually. Places like the British Museum, the Tate Modern, the National Gallery, the National History Museum, the London Eye, the Science Museum, the Victoria and Albert Museum, Madame Tussauds, the National Maritime Museum and the Tower of London among others are highly frequented and a commercial property for sale London in close proximity to these heavy foot traffic areas are quite the catch!