The Appeal of Commercial Property in London

London is one of the most densely populated cities in the UK with a population of over 7 million people. The city is also one of the leading business, financial and cultural centres in the world and alongside Tokyo and New York is considered to be one of three recognised hubs for the world economy. This has led to commercial property in London being some of the most highly desirable real estate in the UK.

The majority of the appeal held by commercial property in London is down to a business friendly environment with plenty of tourism and a good transport infrastructure. There are also a number of government policies including low taxes and a deregulated economy which makes London very attractive to those seeking to run their business within the city. London also has very strong business links with the United States and is also right at the heart of the European Union. All of these factors combine to make London a good location for any business venture.

From a cultural point of view, London has a constant stream of tourists visiting the city all year round. The city also has one of the most diverse populations in Europe if not the world. Around

300 different languages are spoken and there are over 50 established non-indigenous communities. This helps to secure London's status as a international trade hub.

However, because commercial property in London is so highly sought after, the cost can be astronomical in comparison to other commercial property in the UK. That is why many businesses looking to establish their headquarters, or at the very least some kind of base, within London are turning more and more to letting agents to find affordable commercial property for let in London. It is predicted that commercial business will continue to Flourish in the country's capital even in the face of the recent economic recession.

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