Buying commercial property in London is not the most common practice with many businesses favoring rentals. Despite this there are many advantages to investing in your work space.
Commercial property for sale in London can be broken down into four principal sectors:
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Buying Commercial Property Advantages and Disadvantages
If you are a small or new business without the capital to buy a property, renting may be a more viable option. For larger businesses, those that have formed a professional partnership or, if you own a shop or pub and wish to live above the premises, buying commercial property can have a number of benefits for you.
Advantages to buying your own commercial property:
Disadvantages to buying your own commercial property:
As a general rule, buying commercial premises often has a higher overall cost than renting for the first five years, equal for the next five years, and then cheaper from then on. Anyone looking to buy commercial property should therefore view it as a long-term investment for your business.
alexandra park Estates
500 Northolt Road
phone: 0208 869 0989