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Commercial Property for Sale: When to Buy and When to Skip

Posted on by adminsep1607

commercial propertyAs investors, it is important to always stay on top of your game. One has to be quick enough but wise at the same time. There is a certain talent and skill for it in order to truly succeed matched with a tinge of courage and an ounce of luck. To help you bring your game up a notch, we’ve listed down tips to help you assess whether to buy or skip a commercial property for sale. Take a look!

BUY it when… the location is convenient.

Business has to be conveniently located and since a commercial property is used for such purposes then the rule applies. Convenience comes in many forms too, transportation being one. The asset has to be situated in such a way that going to and from it is easy and fuss free.

SKIP it when… it’s out of your budget.

Investors need to gauge how much they can afford otherwise going beyond limits will result to consequences that are too cringe-worthy, foreclosure being one.

BUY it when… there is heavy foot traffic.

Foot traffic refers to the bulk of people that pass by a particular area or establishment and is composed of the general public, regular customers, and potential clients. The higher the level then the better because it means that the area caters to a bigger market exposure.

SKIP it when… safety and security is compromised.

A very important aspect to remember when searching for commercial properties for sale is its safety and security. This includes not only the structure’s features but also that of the neighborhood where it has been situated in. Every entrepreneur wants to safeguard their assets so this comes as no surprise.

BUY it when… significant establishments lay near.

The proximity of various establishments and structures to the commercial property plays an important role not only in terms of convenience and foot traffic but also in terms of appreciation. Given the factors mentioned, the asset has a huge chance of increasing in value which of course translates to a return in one’s investment.

SKIP it when… there is no market for it.

It would be particularly silly to invest in a commercial property for sale if its features and characteristics make it at the lowest of lows in terms of market and demand. Not only will rental vacations be common but buyer turn outs can be severely sour as well.



Signs of Poor Commercial Properties for Sale

Posted on by adminsep1607

properties-for-saleWhen buying and looking into commercial properties for sale, one should not only look at the factors that make an asset tick. You should also be aware of those signs that scream “do not buy this” so that you can do your best to stir clear of them. You do not want to invest your money in the wrong assets, do you? To help you regarding this matter, we’ve come up with the following signs of poor commercial properties for sale. Get to know what these are and better stir clear.

Sign # 1: High Ongoing Costs

Repairs and maintenance are a given in every property bought. They are a necessary expense and must therefore be attended if the asset is to e kept running and functional. If the commercial asset you are looking at has a high amount of ongoing costs then you might want to reconsider because it can spell huge long term costs in the future.

Sign # 2: Messy and Untidy 

You would also expect previous owners to keep the place maintained, cleaned and tidied up. If you see peeling paint everywhere, a leaf covered lawn, tall untrimmed grass, leaky pipes and the like then you better look somewhere else. The place may not be as functional as the sellers say it is.

Sign # 3: Absence of Security Features

Commercial space must always have security features in them especially when we talk about buildings and offices. There has to be ample fire exits and enough ventilation among others. Repairs and improvements can always be done by you but their complete absence upon purchase can be pretty expensive and shows a lack of proper maintenance and planning in the construction.

Sign # 4: The Numbers Do not Make Sense

Properties are priced according to a combination of factors. If a certain offer seems too good to be true then be prepared to keep your flags up. If the numbers do not make sense and tie up to the actual market value, you should scrutinize more to avoid regrets later.

Sign # 5: A Bad Neighborhood

Commercial properties for sale bank on location among others. A good spot is one of the best ingredients to business success. If you happen to be looking at a property at a bad neighborhood with high crime rates, poor economy, low security and safety and low market reach then you better look the other way and search for something else.

To get the best advice on properties visit https://www.singerviellesales.com



Commercial Investment Property: How Looks Affect the Business

Posted on by adminsep1607

The look and overall image of businesses has been part of the branding strategy for a long time now. Even things as simple as a corporate logo can mean a lot. The same holds true for the company’s commercial investment property or several thereof that will be used for operational and retail purposes. It affects how the business is perceived and seen not only by its customers and vendors but also by its own investors, employers and the general public as well. This makes it a must to ensure that the overall design and interiors of every commercial asset is done right not only for aesthetic but also for functional means. We’ve got a few tips and tricks up our sleeves to share to all of you.

commercial interiorsKEEP IT SPACIOUS. – Avoid cramping up the area because it will reduce mobility. In the office for example, it can lead to a lot of accidents and mishaps. It will also likely strangle your employees into their cubicles, tables and offices making them get up more. This is bad in a way because sitting down for the whole day can be detrimental to employee health and at the same time it keeps them from brainstorming and sharing ideas with the team. No teamwork equals bad output. At the same time, to customers and investors, space pertains to fluidity and movement of operations.

WORK ON ORGANIZATION. – Incorporate pieces that are functional in terms of organizing and systematizing files, documents and other office and store items. If you are talking about a clothing boutique for example, it allows better exposure of your products to clients. It also makes their search easier. In the back end, a neat and organized office always leads to faster and better work. You can kiss lost files and mess goodbye! Plus, neatness and orderliness is a trait of a company who’s got their thing going.

INTERIORS AND COLOURS MATTER. – Did you know that the right ambiance and interiors can create various effects to people? A well lit office for example with strategic brainstorming areas where desks and chairs congregate encourages team work and idea building within employees. A red, orange and yellow themed restaurant helps encourage and promote appetite. A dimly lit store however creates a mood that makes shoppers feel relaxed and comfortable encouraging them to stay longer and hopefully buy more.

You see depending on what the company’s commercial investment property is for, you will have to prep it up for the right type of interiors to create and encourage action that is appropriate for it.




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