Commercial Property Essentials

Commercial Property Essentials

July 19, 2021 4:00 pm Published by

When purchasing Commercial Property, there are many elements that should be considered before committing to a purchase. However, with so much to remember, it can be easy to forget about some Commercial Property essentials.

That is why the team here at CSD – Real Estate Appraisers have put together the following blog post, detailing some of the crucial aspects that you should look out for when viewing any form of Commercial property…

Storage

Regardless of the industry that you are a part of/about to enter, one of the essential features that any Commercial property should have is suitable storage space.

For instance, most workplaces will require additional space for keeping any of the associated equipment, tools, or supplies.

Not to mention any standard meeting spaces for customers or clients that you may have to accommodate. This space can also be used for employees to conduct internal presentations or one-to-ones.

Parking

Although this may seem like a minor issue to many prospective tenants, the convenience of a nearby parking spaces with reliable space can be a very attractive offering.

This includes future employees or clients who will be using the spaces during their commutes. Making it an important element in business development and worker retention.

Access to the Site

On this topic, it is also important to think about the access to the building and whether it will be suitable for the purposes of your business.

For instance, if you are producing or selling a physical product or simply require large and regular deliveries to your works space, it is important to ensure that there is a suitable loading space for these goods.

Furthermore, if customers or key clients are going to be making regular visits to your office then you may want to think about having a dedicated entrance (perhaps even reception) for them.

Ventilation & Energy Efficiency  

In recent years, there has also been an increasing emphasis on business owners to consider the environmental impact of their premises.

By maintaining good ventilation and green practices, you can ensure that your company runs efficiently whilst minimizing your carbon footprint.

To learn more about maintaining a green commercial property, simply check out our blog on the topic here.

Industry Specific Needs

In addition to these general requirements, it is also important to think about your industry and what elements are required to effectively run a business.

For example, are you producing a physical product that will require a workshop? Or are your staff going to primarily carry out administrative tasks and will therefore only require desk space?

The answer may not be that straight forward, so think about the primary purpose of the premises and what is currently available on the commercial property market.

Other Considerations

Finally, it is important to also think about any potential work that will need to be completed prior to occupying the building.

If there are any alterations or repairs that need to be made for the property to be completely fit for purpose, then this should also affect your final decision.

Contact Us

If you are interested in our commercial surveying services, feel free to contact us by telephone on 0808 169 8881 or via email using info@csdrealestateappraisers.co.uk.

Alternatively, you can find us on the following Social Media platforms:

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If you have enjoyed this article about Commercial property essentials and would like to learn more about the industry, simply check out this list of related articles:

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This post was written by James Powell