Commercial property

Investors looking to maximize returns on their money are seeking out investment opportunities in the commercial property market. Commercial property can cover anything ranging from multi residential units or apartment complexes, through to office property, in a high street, out of town or even rural location.

The benefits of investing in commercial property can be great. For example, there’s a lower risk of vacancy of your property – many office property units are multi tenanted, so the risk is spread over a number of businesses. Also when purchasing commercial property, original owners are often easier to deal with than when buying residential property, since there is no emotional attachment to the property. Also with commercial property, business tenants are often in the public domain, so you have relatively easy access to the property on order to check up on how well the building is being maintained etc.

When investing where to find a suitable commercial property, essentially you have three routes you can try. The first is to use your networking contacts to investigate the opportunities in the local area. This may be friends, relatives, or local commercial/trade associations or networking groups you belong to. The second is to contact a commercial property agent, who will have the benefit of in depth experience of searching out properties o the appropriate sector. The third is to use commercial property websites, which have the advantage that you are able to easily access properties in any international location.