5 Tips For Choosing The Right Property For Your Business

5 Tips For Choosing The Right Property For Your Business

Your business premises can make or break your business. Finding the right property can seem like an uphill struggle, especially if you are unsure about what you are looking for.

Tip 1: Follow your head, not your heart

Make a choice based on rational thought and not on your emotional investment.

Tip 2: Your financial position

It can be the driving force and also the barrier to renting or buying a business property. Choose suitable premises, at the right price because if the costs are too big, it will suck your business under.

Tip 3: Location, Location, Location

A retail unit in a shopping mall with a footfall of several hundred people a day will cost considerably more than a unit down an alleyway or side street. If your business needs footfall – people walking past and dropping in ‘on spec’ –clearly you need a property as close to the main shopping route as possible. If your business doesn’t need this footfall, serviced offices on business premises can tick all your maintenance and service needs, ensuring all bases are covered.

Tip 4: The Right Impression

Your business premises must suit your business. It needs to match the sector where you operate. If you are a store that sells vintage clothing and accessories, there is a certain look and ambience you want to create to meet customer expectations and match your commercial needs.

Tip 5: The Legal Stuff ‎‍

Ensure you can meet the various legal obligations and rules that might come with your new property. You don’t want to sign the dotted line only to find that to make it into what your business needs will cost a small fortune.

Take a look at some of WHK Commercials Available Listings:

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Mark was extremely helpful in helping me find the right property for my business. He found multiple suitable properties and helped me asses which was best for my business. Mark was extremely flexible and easy to work with through the entire process.

Boris Surla NBS Partners February 26, 2020

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I would like to thank Mark and WHK for great Service and Communication. From my first initial phone call Mark called me within a week with a property that would suit my needs. The entire purchase process, from start to finish, was made very easy and made it totally stress free. I have no problems referring mark to anyone looking to purchase a commercial property.

Shellharbour Service Centre September 17, 2021

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CareSouth were looking to purchase a commercial property to re-develop as our Illawarra Headquarters.

Our agent took the time to listen to our needs and after some investigation he presented us with a suitable property at Berkeley. The property was a disused supermarket and had a floor area of 2,000sqm and a 2,000sqm carpark which was ideal for us to re-develop for our needs. For CareSouth to re-develop the property, it required DA approval from Wollongong Council for a change of use, and this both delayed and complicated the normal purchase process.

Our agent was instrumental in keeping all parties informed through the purchase process and seeing the matter through to Settlement. I would have no hesitation in recommending WHK Commercial to anyone looking to purchase in the Illawarra.

Rob Strickland Corporate Support Supervisor, CareSouth October 10, 2018