What does the Ideal Commercial Property Look Like?

If you’re a regular reader of our blog - as you certainly should be - you’ll have noticed that “it depends” is quite a common answer when it comes to questions in commercial real estate, whether you’re asking those questions as a potential landlord or tenant. Some things, like the law, are cut and dry. Our team of experts will happily guide you through the minutia of contracts, Ts & Cs, and the like and will be able to highlight what’s applicable to your situation more efficiently than even the best Googlers amongst you could identify it.

Many elements of what we do, and what clients require, are more down to individual taste, expectations, and circumstances. For instance: What is the ideal commercial property for you? Beauty is, famously, in the eye of the beholder, so let’s explore what “ideal” might look like depending on circumstances.

First thing’s first - are you looking for a commercial property as an investment, or as a base of operations for your own business? Or, indeed, is it both?

If it’s an investment property you’re after, chances are the return on that investment will be pretty high on your list of priorities. With markets in a fairly consistent state of flux - something of an oxymoron but bear with us - it wouldn’t be accurate to include any specific observations or predictions in an article that you could stumble upon at a later date, only to potentially outdated advice. Your best bet is to get in touch and have one of our team talk you through your options, offering bespoke guidance based on your own circumstances combined with market conditions and opportunities in your preferred location(s).

If you’re looking for a base of operations for your own business then of course, the needs of your business come first. What do you do? Will you be keeping a great deal of stock? How big is your team and what are their roles? And just as importantly, what do your plans and forecasts for the next few years look like - it’s vital that your new base is able to cope with any potential changes in circumstance, whether it’s a growing staff or a new requirement for studio space. Whatever your company currently is, and whatever it might develop into, our advisers will help you to find something that is ideal for today, and future-proof.

What if you’re looking to buy as an investment, but also want to base your company at the property? Whether this is in the form of letting a portion of the property or using the whole space with the expectation of building equity, it’s a perfectly workable strategy and potentially a highly profitable one if executed correctly. There will likely be something of a compromise required; what’s best for your business specifically may not be the most desirable property for the market as a whole and vice versa. As always, our team’s expert advice and guidance will help to mitigate risk and maximise not only ROI, but overall satisfaction.

Whatever your circumstances or requirements, take the first steps towards your next commercial property acquisition by contacting us for expert advice.