Big warehouse businesses shift their focus and think smaller
As high square-footage stock continues to dwindle, it’s not just small businesses that are looking at smaller dwellings.
Even the likes of B&Q are shifting their focus from huge warehouses to high street stores in light of increasing competition for space.
(You can read more about how B&Q is now thinking SMALL here.)
By opening smaller stores in locations with more footfall, the DIY giant hopes to reach more customers and adapt to changing demand.
And by offering both online ordering and click and collect from within the stores, B&Q are now accessing markets that they simply wouldn’t have been able to when warehouses were their sole focus.
Ecommerce isn’t going anywhere, last mile delivery is on the up, and with little available in the way of larger space, more businesses will continue to look for units like ours – seeking great locations, fantastic amenities and top quality, and supportive landlords to boot.
Which is why our rental yields will only continue to sharpen as competition increases.
If you’d like to find out more about investing in the sorts of smaller units that we specialise in, please join our email list below.
Formed in 2016, Preston & Preston Capital is a British property investment firm focused on long term ownership, leasing and active management of mixed-use, commercial and light industrial properties. We are constantly seeking new assets to develop and add to our growing high-yield portfolio.
