Tag Archives: commercial investment property for sale

UK Commercial Property Investment : Where to Invest?

uk commercial property investmentWe’ve all heard that in real estate, location is king. But this statement is pretty vague. The United Kingdom is a massive country. With approximately 243,610 square kilometers of total area, where exactly do we purchase a worthwhile UK commercial property investment? Here’s a list. Take a look.

OPTION #1: DOWNTOWN METROPOLIS

The downtown metropolis is a no brainer for most of us even to the newbie investor. The heart of any thriving and busy city is where you will see many businesses and for good reason: foot traffic and accessibility. It’s where businesses thrive and where people flock for both work and leisure. It is because of these reasons that properties in the city are valued highly. Likewise, they also tend to appreciate faster and larger compared to others.

OPTION #2: ECONOMIC ZONES

It’s not exactly the heart of the city but it’s where offices, factories and employment thrive. It provides for the economy hence attractive to investors, businessmen and the public in general both citizens and visitors looking for work. Similar to city located assets, a property investment UK in the central business district tend to appreciate more in value over time.

OPTION #3: RESIDENTIAL AREAS

A property investment UK within or in close proximity to residential areas is also worthwhile simply because of two things. First, who doesn’t need a house to sleep in? There will always be demand for these especially given that the United Kingdom is a huge economic country with bustling trade and tourism. Second, its nearness to where people live creates a market of patrons especially if we’re talking about commercial and retail assets.

OPTION #4: DEVELOPING AREAS

The same can be said of areas with rising infrastructures (e.g. roads) or establishments (e.g. schools, shopping malls, etc) being built. Although they might not be as packed as the metropolitan district yet, they are still quite promising. At the same time since they are still emerging, buyers are more likely able to acquire them at a lower price. These developments even help raise the value of assets surrounding then.

OPTION #5: TOURIST HUBS

A UK commercial property investment, especially one that’s for the purpose of business say retail units, will enjoy massive benefits if it’s near or within strategic tourist areas or pretty much in places where tourism is enjoying massive success. They have high foot traffic, high exposure, promising appreciation and transportation convenience. The demand that they bring are pretty massive too.


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Make Your Retail Property for Sale Go Fast

retail-propertyAdmit it. We all want to make sales go by fast. Who wants dormant inventory anyway? The same is true even for a retail property for sale. The faster you finish, the quicker the returns enter. How do you achieve it then? Find out and see.

Tip No. 1: Prep up your property. – Inspect it from the inside out and do the necessary repairs and some upgrades if you must. It would even be great if you could call in an expert to help you determine which improvements would be valuable and would give you great returns. Also, a fresh coat of white or beige will really be great to liven and freshen up the look.

Tip No. 2: Don’t forget the curb appeal. – The façade, front lawn and curb of the asset are the first things that any buyer will see. This makes it important for sellers to clean them up too and where needed perform repair procedures. Mow and weed out the lawn too.

Tip No. 3: Study your market. – Cater to the buyer’s wants and needs. In order for you to be able to do that, you need to have a firm grasp of your market. Who are likely to buy your retail property for sale? What do they need it for? How can you reach them?

Tip No. 4: Choose effective advertising. – You need to spread the word otherwise you won’t see results. In other words, you have to communicate the availability of the asset and to do that you need to advertise. Putting up advertisements come with costs too so you have to study your options well and pick those that suit your target market and audience. Also, take advantage of free advertising like word of mouth.

Tip No. 5: Price it right from the onset. – Buyers hate it when an asset is overpriced and way off its actual market value. Get an expert o value your property so you can come up with a reasonable and still profitable amount.

Tip No. 6: Make it easy for buyers to visit. – This brings us back to our first two tips. Potential buyers of a retail property for sale will always want to take a look at it for themselves so you have to do your part and make it as hassle free and smooth for them. Coordinate and schedule their visits and be sure to prep up the space for them too.

How to Put a Commercial Investment Property for Sale

retail propertyIf you are a landlord, an investor or a company who wishes to put a commercial investment property for sale, here are some tips from singerviellesales.com on how to do just about that! Now grab your pen and paper. Take down notes and let’s get started!

  • Prep up your property.

You can never leave the space looking dull, dirty and deranged. You have to make the necessary repairs. Clean up the front lawn as much as the building. Change up broken windows, fixtures and lighting as needed. Add a fresh coat of paint, preferably white or beige, should the old one be peeling off or if the wallpaper has gotten bad. Even if the space is quite barren and you’d only see walls upon floors, cleanliness is crucial because no buyer will want to purchase something that doesn’t look functional.

  • Have it examined and valued.

Hire a chartered building and property surveyor to assess the asset. Have them determine its remaining useful life, current market value, salvage value if any, structural condition and all other relevant information that prospect buyers are likely going to inquire about. Plus, all of these should help you in determining the asking price on the commercial asset.

  • Determine your target market.

Who are likely to want to buy the property? Different types of asset depending on their combined features are likely to attract or interest a certain group or groups of investors. It is your job to find out who these might be and get to know them. You must have knowledge about the likes, preferences and profile of your market to better target your property towards them and negotiate a sale.

  • Choose your marketing strategy.

You have to market and advertise your commercial investment property for sale. If you don’t then there are fewer chances for buyers to know about it. No matter how great it is or how attractive your asking price is, if people do not know that it is for sale then they won’t be knocking on your doorstep to buy it.

  • Schedule property visits.

When prospect buyers come forward, be sure to give them a little tour to the property. This is why the first item on this list is very important. Now read that again.

  • Fix the papers.

Lastly, be sure to fix all documentary and legal requirements necessary to validate a commercial investment property for sale like titles, contracts and the like.