Buying A Commercial Property.
The return on commercial and industrial property is variable and depends on location, operating costs and strength of leases. Paying upfront for a due diligence investigation of short listed properties is expensive and not justified. But one still needs access to the right information and advice and this can be achieved through collaboration with a buyer’s agent.
Whatever type of commercial property you are considering, it has to perform as an investment. It is important to remain objective and to seek experienced advice when purchasing commercial property as there is a unique set of pitfalls for the unwary as well as rewards for the savvy investor.
Factors that will directly affect the quality of the investment include; Location, access, the grade of the building, patent and latent defects, running costs, tenant calibre, lease structure, demographics, surrounding infrastructure, access, signage, traffic flow, parking and council zoning.
Our Commercial and Industrial Property Service Includes :
- Finding a property that meets your investment criteria
- Appraising the value of the property
- Co-ordinating all the pre-purchase due diligence on the property
- Negotiating the property for the lowest possible price
- Managing the settlement process
Why choose a buyer’s agent?
Buyer’s agents specialise in searching out, locating and negotiating the purchase of property on behalf of a buyer. Whereas real estate agents primarily represent the seller of the property, a buyer’s agent looks after you and will work with you transparently to achieve the best price whether it’s a lease or purchase transaction.