In this episode, I'd take the opportunity to share my love for older buildings and how they can be recreated to provide very inspiring workspaces. I talk about the controversy surrounding the Marks and Spencer building on Oxford Street in London, which was slated for demolition to make way for a new glass tower. There are arguments for and against preserving older buildings, but the super important issue from an investment point of view is the finite supply of historical spaces and the growing demand for quirky, grounded, and emotionally resonant environments.

KEY TAKEAWAYS
Older buildings have a unique charm and sense of history that cannot be replicated in new constructions. They  a sense of wonder and curiosity about their past uses and alterations.
Older buildings offer a finite supply of space, unlike new constructions that can be replicated. This scarcity can make them highly desirable, especially in areas where there is a growing trend for historical and quirky spaces.
Enhancing and bringing value to older buildings is crucial for their sustainability. They need to generate income to cover maintenance and reinvestment costs over the years.
While not every older building is worth preserving, once a building is demolished, it is gone forever. It is important to carefully consider the environmental impact and potential for reinvention before deciding to demolish and rebuild.

BEST MOMENTS

"They don't build them like that anymore."

"The resource is finite."

"You can't build an old building, but you can always build another glass tower."

"You can't build properties with history and life. It only comes from reinventing and enhancing the past."

"A big glass tower may take time to procure, but you can always build another. You just can't build another 200 year old warehouse."

JOIN THE NETWORK

If you want to learn more about investing in Commercial Property why not consider joining the CPI Network? A community of active investors who collaborate, share experiences and empower each other in their Commercial Property endeavours.

Useful Links:

CPI Website - https://commercialpropertyinvestor.co.uk/
Our Sponsors -  https://commercialpropertyinvestor.co.uk/podcast-sponsors/

Property Investing, Commercial Real Estate, Strategies, CMO, Lease, Licence Agreement, Cashflow, Vacancy rates, Agents, Best Commercial property podcast, how to buy, Valuations, ROI, residential, assets, Flexspace, office space, How to get started: https://www.commercialpropertyinvestor.co.uk/

<ol></ol>
In this episode, I'd take the opportunity to share my love for older buildings and how they can be recreated to provide very inspiring workspaces. I talk about the controversy surrounding the Marks and Spencer building on Oxford Street in London, which was slated for demolition to make way for a new glass tower. There are arguments for and against preserving older buildings, but the super important issue from an investment point of view is the finite supply of historical spaces and the growing demand for quirky, grounded, and emotionally resonant environments.
KEY TAKEAWAYS
<ul>
<li>Older buildings have a unique charm and sense of history that cannot be replicated in new constructions. They  a sense of wonder and curiosity about their past uses and alterations.</li>
<li>Older buildings offer a finite supply of space, unlike new constructions that can be replicated. This scarcity can make them highly desirable, especially in areas where there is a growing trend for historical and quirky spaces.</li>
<li>Enhancing and bringing value to older buildings is crucial for their sustainability. They need to generate income to cover maintenance and reinvestment costs over the years.</li>
<li>While not every older building is worth preserving, once a building is demolished, it is gone forever. It is important to carefully consider the environmental impact and potential for reinvention before deciding to demolish and rebuild.</li>
</ul>
BEST MOMENTS
"They don't build them like that anymore."
"The resource is finite."
"You can't build an old building, but you can always build another glass tower."
"You can't build properties with history and life. It only comes from reinventing and enhancing the past."
"A big glass tower may take time to procure, but you can always build another. You just can't build another 200 year old warehouse."
JOIN THE NETWORK
If you want to learn more about investing in Commercial Property why not consider joining the CPI Network? A community of active investors who collaborate, share experiences and empower each other in their Commercial Property endeavours.
Useful Links:
CPI Website - <a href="https://commercialpropertyinvestor.co.uk/" data-saferedirecturl="https://www.google.com/url?q=https://commercialpropertyinvestor.co.uk/&amp;source=gmail&amp;ust=1710415536291000&amp;usg=AOvVaw3PdLYxcnk6n_fQIdOKdPVw">https://commercialpropertyinvestor.co.uk/</a> Our Sponsors -  <a href="https://commercialpropertyinvestor.co.uk/podcast-sponsors/" data-saferedirecturl="https://www.google.com/url?q=https://commercialpropertyinvestor.co.uk/podcast-sponsors/&amp;source=gmail&amp;ust=1710415536291000&amp;usg=AOvVaw1G5DEN8BXQT2mMigAh3BLj">https://commercialpropertyinvestor.co.uk/podcast-sponsors/</a><a href="https://www.commercialpropertyinvestor.co.uk/" rel="payment">Property Investing, Commercial Real Estate, Strategies, CMO, Lease, Licence Agreement, Cashflow, Vacancy rates, Agents, Best Commercial property podcast, how to buy, Valuations, ROI, residential, assets, Flexspace, office space, How to get started: https://www.commercialpropertyinvestor.co.uk/</a>

The Commercial Property Investor Podcast is for aspiring property investors. You might be tired of Residential investing and want to move into the exciting world of commercial real estate investment. You just need the knowledge and confidence to get started and an abundance mindset to grow your portfolio. Host Jerry Alexander & his guests share the key steps to Commercial Property success. You will be kept up-to-date through weekly interviews & conversations relating to many Commercial Property strategies including:

Flexspace, Coworking, Aparthotel, CMO & Multilet property, Commercial to Residential conversion, Retail, Office space, industrial and Self storage.

Weekly inspiration from the world of Commercial Property Investing

Commercial Property Investor Podcast

Are you tired of Residential investing and want to move into the exciting world of commercial real estate investment? You just need the knowledge and confidence to get started and an abundance mindset to grow your portfolio. Host Jerry Alexander & his guests share the key steps to Commercial Property success. You will be kept up-to-date through weekly interviews & conversations relating to many Commercial Property strategies including: Flexspace, Coworking, Aparthotel, CMO & Multilet property, Commercial to Residential conversion, Retail, Office space, industrial and Self storage.

Are you tired of Residential investing and want to move into the exciting world of commercial real estate investment? You just need the knowledge and confidence to get started and an abundance mindset to grow your portfolio. Host Jerry Alexander &amp; his guests share the key steps to Commercial Property success. You will be kept up-to-date through weekly interviews &amp; conversations relating to many Commercial Property strategies including: Flexspace, Coworking, Aparthotel, CMO &amp; Multilet property, Commercial to Residential conversion, Retail, Office space, industrial and Self storage.

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