Sourcing a new workspace is an important and strategic business decision that can be both time and cost consuming. Working with an experienced commercial property acquisition professional or team can give you the best chance of meeting your current and future business needs by helping to source the right commercial premises that will meet your brief and budget within the time frame required.
The first stage in the commercial property acquisitions process is to develop an in-depth understanding of your business and its space requirements.
Think about the following points:
The answers to these questions will go a long way towards defining the criteria for your property search. It is worth establishing from the outset which features of the commercial property are desirable and which are non-negotiable. This will help streamline the short listing process for both you and your surveyor.
Depending on where you are moving from and to, your budget and the timeframe of your move, it can often be more economical to instruct a commercial agent to act on your behalf during the acquisitions process. A good agent will have their finger on the pulse of the local, regional and national commercial market and will be best placed to secure favourable terms on your behalf for either the purchase price or rental and lease terms.
When choosing a commercial agent to act on your behalf be sure to do your research to ensure that they are active and experienced in commercial property acquisitions and disposals in your desired location.