RSS FeedRSS Feed

Property investors still looking West despite the storms and floods14th April 2014

Investors still attracted to the South WestDespite the floods and storms that caused devastation across the 3.7 mile coastal route between Dawlish and Teignmouth, causing widespread disruption to local businesses, interest in commercial property in the area has actually increased, according to commercial property agents Charles Darrow in Newton Abbot, Devon.

Paul Heather of Charles Darrow believes that all the media attention has helped focus attention on the region and as a result there has been growing demand from buyers looking to buy a pub or hotel in the South West. "Many of our clients who operate leisure businesses experienced a good trading period over the last half-term and are anticipating good Easter trade," said Paul.

There are a number of factors, which make the South West extremely attractive to potential buyers and by all accounts the recent storms have not deterred them.

Rising property prices in London and the South East has caused businesses to look further afield, particularly as wages are generally lower in Devon and Cornwall.

“The outlook for 2014 on commercial property sales in Devon and the South West is looking the most promising since the recession," said Paul.

“It is a fantastically diverse area with a lot to offer various commercial businesses with many businesses and corporate operators who are looking to invest."

Written by Richenda Oldham

Recent Headlines

Click here for more news stories...

Commercial Property Events

Have you any commercial property events you'd like to tell us about? It could be networking, exhibitions, seminars, industry lunches or sporting fixtures. We will list them for free. Just email with the following details: Event name, date, time, venue, cost, booking info and a brief description of the event.

Commercial Property Jobs

To list your property job vacancies on Property News. Email:

Sign up to our free e-alerts for all your property news and views.
Follow Property News on Facebook Follow Property News on Twitter Follow Property News on Google+ Follow Property News on Linkedin Property News RSS Feed