Dartford is one of the best places in the country to buy property if you’re a business-owner, a recent study has found.
According to a review of Stamp Duty data by Property Inspect, the region has had the third largest growth in commercial property value in the past year.
The total value of commercial property in Dartford has reached £310 million, which is a 138.46 per cent increase since last year.
Warrick Swift, the commercial director of Property Inspect, said: “The pandemic has significantly disrupted the commercial property sector and, from the data, it’s evident that its effects are still being experienced. “With hybrid working and an increased percentage of consumers shopping online, the commercial market has lost the confidence of many of its investors.”
Only two in ten local authorities have seen a rise in value in the last year, as the pandemic caused chaos across the entire commercial property sector.
However, Swift added: “Areas like Dartford are proving that commercial real estate is still of interest to investors and may be the sign of a resurgence in the market as we discover new ways to use commercial property.
“Whether that’s through innovative property uses or investment in independent retailers and restaurateurs, these areas are leading the way for the commercial property industry’s emergence from the effects of the pandemic.”
Dartford was the only Local Authority area in south east England to reach the top ten strongest commercial property markets so if you’re a business-owner looking to buy a new office space this could be the place to go.
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