Considerations for renting and buying premises


Presentation Description

Businesses can visualize their objectives, maximum utilization of space and the benefits of surrounding to understand the value a commercial property brings. For example, a locality can provide convenient access to suppliers.


Presentation Transcript


Buying or renting premises can be a stress-filled task. Those wishing to invest in premises could follow broad pointers such as locality, purpose and space to guide them in their decision-making process. Given below are a few guidelines that could be kept in mind when choosing premises: GUIDELINES FOR BUYING OR RENTING PREMISES


SPACE For those looking for premises for shops or stores, optimum utilization of space would be more important than owning big spaces. Those looking for vacant shop premises would have to keep in mind any planned future expansions. Also, there could also be the option of choosing premises with in-built storage options which would be useful for shop owners.


PURPOSE Organizations or businesses that seek to rent or buy premises could keep in mind the specific requirements of their company as well as the purpose for which the premises will be used. For small private offices, companies could look for posh spaces.


LOCALITY Keeping in mind the surrounding locality is also vital. Organizations could choose a locality according to whether they wish for more privacy or more access to other public offices, spaces, malls, etc.

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