Showing posts with label commercial space for lease. Show all posts
Showing posts with label commercial space for lease. Show all posts

Monday, June 28, 2021

Should you buy or lease a commercial property?

Commercial Space for Lease
If you are planning to make an investment in real estate, and the experience behind them, starting with a new one, you may be obstructed with a decision: to buy or to rent it out. When making this decision, it is necessary to take into account the size of the projected earnings, growth rate, and the regulatory requirements that apply to our business. Buying a real estate property will help you save the cost of a certain amount of time, as well as to take advantage of a rise in real estate prices, but you're going to need more cash yet when you rent a place for business purpose.

The benefits of having a commercial property on lease

- Cash Flow: The cash flows from a purely economic point of view, the commercial space for lease is a good option. If you have a number of new companies and the income from them, only increases, then leasing is your best option. In case of a lease, your down payment is going to be limited to the security deposit and the first month's rent. In the case of a purchase, you are spending, and the value of the property, or at the very least a down payment for the loan, that is usually a pretty high level.

- Property Maintenance: In many cases, the responsibility for the maintenance of the property is of the landlord. If you do not want to take care of the maintenance, and just want to focus on your core business, then commercial retail property leasing may be the best option. The maintenance costs are lower if you lease a commercial property. But if you have a property then it may be significant in costs in order to maintain the structural strength of the building, along with the day-to-day repairs.

- Reclaim Flexibility: You might wish to retain the flexibility and don't get tied up in one place for a long period of time. Commercial retail space leases also provide for a greater range of movement than that of a direct purchase. Moving to a new location, making a commercial property available for purchase might not be a very good choice, especially if real-estate prices are rising.

- Falling Locality Prices: There are localities that are able to witness a decline in the market value of a property. If you are on a property in accordance with the requirements set out in that locality, it is recommended to lease the property rather than buy property in such a location.

5 Must-Have Commercial Real Estate Amenities

Commercial Property in Gurgaon
When it comes to getting your company signed on the dotted line, and renting out your commercial space, then it all comes to comfort and facilities. What you have to offer, which is not available in a building just two blocks away from yours? What makes you stand out? The expectations are high, and for that you need to impress everyone. Here are 5 of the most required amenities when you pick commercial space for lease.

1. Conference room:  A company might be able to have a conference room but what if they aren't enough for bigger events. Thus, the availability of the meeting room with adjustable sizes is essential to make it convenient for the tenants to schedule and hold more meetings.

2. Reliable, high-speed Wi-Fi internet access:  If your commercial property in Gurgaon does not have free Wi-Fi internet access then you are at a disadvantage. The companies expect their employees to be able to stay in touch with their tech systems, when they are out of the office and when they are looking for a tea-break.

3. Easy access to the parking and transport: Looking for a car parking space? It can be a headache, especially in the larger towns and cities. If you have a solution to this problem, in an underground car parking area or a nearby parking space or a garage, this could be a good selling point. Next, the availability of the public transport system is a bonus.

4. Security measures in place: Security is a fundamental subject for every business. Providing 24-hour security, back-up power generator, and the emergency drills, showcases that you consider security reasons on priority and it means that tenants will feel comfortable and secure in your facility.

5. The retail convenience: Having access to small retail needs can be a true delight for the nearby staff. The right retail space can be a bank, a central supply/e-mail and a dry cleaning service, giving the audience the flexibility to easily manage the business during the breaks and make the most of their precious time in the evening.

You may not be able to provide everything on the list, or if you already have a lot of work. Just think about what amenities are possible if you have properties in Gurgaon or in other regions of the country, as it will cause you to stick out the most. Simple things such as the expansion of the food in your building, upgrades, and social areas, for example, to send a strong signal, so that people will know that you care about their needs and level of comfort.