Category Archives: Commercial property Norwich

Finding Commercial Property Norwich

Congratulations on getting your business to the position where you’re looking for commercial property! Norwich is a great place to get started because there’s just so many different types and styles available for you to look into. Offices are one of the most common but you might also find that you need warehouse space or you’re looking at something to buy and rent out.

 

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Commercial property Norwich is a wide area to look into, and you might feel slightly overwhelmed at first but it really is one of those things you have to look into to get used to. Renting, buying, or even building your own space are all options, but the size of your company and the funds you have available will help you to make your decision. In the long term buying is almost always the best choice because you will find it is much cheaper, and you will have an asset at the end of the process so you will have funds towards your next property as well.

 

For many companies though, this just isn’t a viable option. Either the funds aren’t available (or you don’t want to take out a mortgage in order to cover the costs), or you are planning on a bit of growth. For companies which are still growing rapidly it is a bit silly to start buying because you will need to move as your company grows and you have more and more employees (or you have to buy a much larger option and be wasting space for a least a few months).

 

If you are a smaller company looking to buy a big place before you need it, you can always rent out the additional space. This is quite a good option when it comes to commercial property Norwich because it means you have the room to grow but you’re also getting an income from your premises.

 

Auctions are readily available and these are a good way of finding something of a bargain. There’s always time to look around the premises before the auction itself takes place and if you’re looking to go to an auction make sure you do this. It can be easy to get caught up in the moment and big for a place you’re yet to visit but you could find that the interior is barely usable or the space just isn’t suitable for your particular company.