COMMENT: Paisley-born John McGlynn is a serial entrepreneur who runs office space company Storage Vault Work space.

BREXIT has been decided and it can be very good or very bad depending on how our elected politicians deal with the situation.

I don’t give much credence to people predicting it’ll be a disaster or it’ll be brilliant, as they’ve no idea what politicians will do and how those discussions will progress and conclude.

READ MORE: Beyond Brexit: Economics will 'drive move to second independence referendum' in Scotland

Looking back to June 23, I was pretty astonished at the result. Even as midnight passed, I was firmly of the view it would be a Remain vote but the electorate made its decision and from there we progress.

I’m on the fence as to whether Brexit is a good idea because there are so many pros and cons that could come from the negotiations.

I don’t buy into the political froth about red lines, these four demands relating to immigration, budget payments, law-making and freedom from the jurisdiction of European judges, on which the UK Government claims it will not compromise.

This is going to be a deep and detailed negotiation with any number of moving parts.

That was highlighted last week when Angela Merkel softened her position drastically on free movement. It’s worth noting that if she had done that a year ago David Cameron would still be Prime Minister and there would be no discussion about leaving the EU.

READ MORE: Beyond Brexit: Economics will 'drive move to second independence referendum' in Scotland

We simply do not know at this point if Brexit will be good for the UK.

What we do know is that in the next five years the eurozone will be entirely different. The economies of France and Italy, for example, are incredibly fragile. The French culture of striking means they are hamstrung in terms of what they can do; Italy goes to the polls in a matter of weeks, Spain is sitting on 40 per cent youth unemployment.

If I was a gambler, I’d say there were a number of bailouts pending and it can only be a good thing if the UK isn’t involved in having to pay into that fund.

From a non-political perspective, as a businessman looking at the most beneficial outcome, there is no doubt that soft Brexit looks like the order of the day. The Scottish Government is quite right to point out that Scotland didn’t vote for Brexit and so they are pushing for that soft Brexit or pro-Scotland Brexit, and they are absolutely right to do that.

When the real economics get played out, even if there is short-term economic pain, I don’t think many people would back a hard Brexit. So notwithstanding the rhetoric, it will likely be softer rather than harder.

But the debate has already created huge uncertainty and as a result a lot of the big funds have become jittery.

A lot of funds want to reduce their exposure to UK property because they don’t know what the future holds for sterling and they don’t like uncertainty, so they want to sell, and on the other hand you’ve got international investors desperate to get hold of prime assets because they have no doubt the pound will bounce back, and right now they are getting a 20 per cent discount.

We’re seeing foreign investment going after super-prime annuity assets, the prime office blocks in central London, shopping centres. That’s not filtered through to Scotland but it will.

To that end, I see opportunity. If some people are not moving forward, doing deals, completing acquisitions, then there are great prospects for those who are, so we’ve vastly accelerated our acquisition programme. We’re closing deals as quickly as possible, and taking advantage of what’s in front of us.

Our property business, Storage Vault Workspace, which provides office and storage space for start-up businesses, has just completed the acquisition of our seventh site, and I’m looking at more this week.

READ MORE: Beyond Brexit: Economics will 'drive move to second independence referendum' in Scotland

We may have no direct control on macroeconomic policies but the entrepreneur’s job is to look at the hand you’ve been dealt and look at what’s best for your business.

Paisley-born John McGlynn is a serial entrepreneur who runs office space company Storage Vault Workplace.