What’s the best investment for your future?
Commercial property, or else known as commercial real estate, is by definition purchased to make you a profit.
Commercial property includes, but is certainly not limited to; offices, car parks, retail outlets and factories. There is a vast variety of different sizes, locations, functions, and classes. Due to this matter, it may be more difficult to accurately assess the next investment for you in comparison to its residential counterparts.
However, for years commercial property offers one of the most unmissable opportunities for investors who are looking for the long-term gains.
Factors such as the average lease period of a commercial property being approximately 8 years provides a far greater sense of stability over most buy-to-let investments having only an average of 6-12 months.
There are also reductions in property tax and building insurance as well as reduced maintenance cost benefits to owning commercial property over residential options.
Interested in learning more?
Contact your local specialist at Summer Sky:
Written By: Logan Williams
