Commercial Property For Rent Scotland

While the recent political unrest may have sparked fears for certain sectors, Scotland’s commercial leasing market remains robust. The country offers a range of office and industrial solutions for rent around the main cities. In Scotland, the law of commercial leases is based on common law rather than statute. While the law is similar to that of England, there are some key differences. 1. Supply and Demand Despite political uncertainty, commercial property investment continues to attract investors. However, it is predicted that a lack of new-build Grade A office space could lead to rising rents. In addition, a drop in tourist numbers may negatively impact high street retail and consumer confidence. According to the latest RICS Commercial Property Monitor, occupier demand remained flat in Q2 2023. Office and industrial sectors showed some signs of improvement but retail continued to be a challenge. Dundee Property Management , Office space is increasingly viewed as a key asset for...