Looking for the right property for your business? It’s important to consider a range of key factors to make an informed decision that will benefit the growth of your business.
Factors such as the property’s location, size and space, your budget, access to amenities, and legal considerations are crucial to consider when looking to buy or lease property to grow your business.
- Location
The location of a property can make or break your business. It’s essential to choose a space that is easily accessible for clients and staff and includes plenty of nearby parking space.
Depending on your business, the ideal location may vary slightly. For example, retail businesses thrive in areas with high foot traffic, while for a business office, this may not be a priority. It’s also important to consider the demographics of the area’s population to ensure it coincides with your target market, as well as check for the level of direct competitors.
At Cooper Wilson Commercial, we have a wide range of commercial spaces in the Sutherland Shire, an excellent location for thriving businesses. Discover your options here.
- Size and space
Your business type will help determine the best-suited type of size and space of a property. Depending on the size and type of business, consider whether you prefer private offices or open workspace, the size of the reception area, how much storage space will you need, and the ideal property layout.
It’s also important to consider the ambience of the space and ensure it reflects your company culture and brand to maximize the opportunity for business growth.
- Consider your financial position
Before buying or leasing property, taking into account your financial position and potential costs is crucial to ensure your business doesn’t suffer. Consider operating expenses such as utilities, taxes, insurance, and maintenance fees.
Our team at Cooper Wilson is here to help compare properties and answer any questions you may have.
- Amenities
Ensure the property is close to amenities in the locality, including cafes and restaurants, shopping areas, banks, and anything related to your business that could promote its growth and employee and client satisfaction.
Being in close proximity to amenities is key to benefit both employees and clients, providing places to go during their lunch break or for meeting locations. Buildings close to amenities typically gain more customers and employees willing to work there due to their appealing surroundings.
- Legal considerations
Understanding legal considerations when buying or leasing property is imperative. Ensure that you can meet the various legal obligations and terms that come with leasing or purchasing the property. It’s a good idea to consult a lawyer and accountant to ensure you have everything covered.
Finding the perfect property for your business can be a challenge, and that’s where we come in. Our team of local expert commercial real estate agents is here to help you find exactly what you’re looking for, and get the best deal possible.
Our team at Cooper Wilson are passionate and experienced commercial property agents within the Sutherland Shire and surrounds. We have a range of commercial properties ‘For Sale’ and ‘For Lease’, search for your next property here.
We are here to help you every step of the way, contact us today at 0409 848 833 or email our director at brett@cooperwilson.com.au.