If you are considering buying or leasing commercial property, you need to weigh up what is important to you. Every firm will have a “wish-list” of elements and features that they need from a commercial property. These should be ranked and there will likely be some features that you must have while there will be other features that are simply nice to have. No two businesses are the same, so it would be wrong to say that every commercial property should have these features for a particular firm, but there are some features that are in greater demand than others.
At Virtual Commercial, we have worked with many clients to help them find their ideal premises and here are 6 key features of commercial property.
How the building was constructed can impact on the sort of work that you are looking to undertake. You will find that industrial work is normally undertaken in buildings which have been constructed from concrete, iron and steel. If your business requires office space or storage facilities, the need for robust construction may not be as pressing.
The overall size of the commercial property is likely to be an important feature but don’t overlook the importance of available space. Just because a building is a certain size doesn’t mean that this full size will be available to you. It is helpful to know what your requirements are with respect to size, and then use this as the starting point for your search.
While the location of the property may not be seen as a key feature of the property, it is a crucial factor in deciding which property is right for you. Being located close to firms who operate in your sector may be of benefit and you may find that being situated close to suppliers or customers will help your business develop.
The location of the property can also help you when it comes to hiring the best staff and ensuring that your output can be distributed with a minimum of fuss and effort.
If there are other local businesses located on or around the property, this is likely to be of benefit. Setting up in an area where there is a good range of firms in your sector can position your company as one that should be trusted. Conversely, if you operate in an area where poorly regarded firms are found, many people will believe that your firm is of a sub-standard quality too.
Vehicle access and parking spaces is a very important feature of a commercial property. Whether you want to encourage your employees to drive to work or you want to welcome customers, having suitable parking space is a fantastic way to make your premises more appealing.
Not every firm is looking to expand but knowing that there is a possibility at your business premises is a comforting thought. Firms that have expansion plans in mind would be advised to look for business premises that can be expanded or where they can obtain additional space.
If you or your business is looking for commercial property, these are some of the key features you need to consider. If you are looking for guidance in finding the best commercial property, come and speak with Virtual Commercial and we look forward to assisting you.
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