Tuesday, 03 February 2015 News
Are NI retailers missing a trick
As Murphy get more positive comments about retail trade in N Ireland from local and national business, should NI business be dusting themselves down and expanding.
Having advised my occupiers over the last five years on various issues and helped inward investing retailers expand into NI, Murphy believe now is a great time to be looking at expanding, at least from a property point off view.Murphy Chartered Surveyors, Retail and Leisure Agents in Northern Ireland believe we are entering a perfect store at least from a occupiers point of view in 2015.With low rent levels, a rates revaluation which could see dramatic reductions on our high street and shopping centres, service charges stripped back, flexible lease on offer and pop up opportunities, now is the year Northern Ireland occupiers should be looking at taking advantage of these conditions.While we see some examples of NI companies expanding such as Argento who opened four new outlets in NI in 2015 and Synge & Byrne who opened two, they are just a few.As our banks start to look ahead, we should see them supporting business more and more and at Murphy we believe our local business should try to push ahead, before these conditions change.If you are thinking of expanding then give us a call, we can help guide you through the market and discuss the opportunities we think you should be considering, others have……