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A Guide to Buying Commercial Property

Buying commercial property is a culmination of months of hard work and dedication to get your business off the ground. It can be easy to rush into buying the first property you see that fits your brief, however, there are several factors to consider when you buy commercial premises. If you’re unsure as to what you need to look out for, follow this quick and easy guide to buying commercial property:

Decide on Where in the World

Arguably the most important factor to consider when you’re investing in commercial property is the location. Without a doubt, city prices will be higher than in suburban areas, but is your business still likely to excel if it’s tucked away in the countryside? Well, it truly depends on the nature of the company. Many companies aim to move to cities because of the guaranteed transport links and lifestyle, plus there’s the benefit of having a city postcode. However, areas away from the city can be significantly cheaper, so it’s important to analyse which could work best for your business overall.

Will There be Passing Trade?

In the same way that you need to consider the geographical location of your commercial property, you …

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