If you own a commercial site then you’ll know you hold a major asset. But there’s risk involved if your property stands unoccupied for too long. You’ll be paying out for insurance to protect against theft, vandalism, flooding and damage. And you’ll still be paying business rate council taxes and to keep the site in a ready-to-let condition.
So it’s important to make sure your site is in use, or to sell it on as soon as possible. That way you’re making a good return on your initial investment. And if you own commercial premises in Wolverhampton or the West Midlands it’s an excellent time to be looking to lease them out or sell.
Demand for commercial sites in the region is growing at the fastest rate since 1998. The growing economy is leading to more investment in business premises by both companies and smaller start-up firms. So if you’re thinking of renting out office space or industrial units now’s the time to do it.
By commercial sites we mean all sorts of property used for business purposes. Wolverhampton has a long industrial past that and has lots of warehousing, storage and manufacturing units available. But commercial sites also mean retail units in the city centre, leisure properties like bars and restaurants with specific fittings and restrictions on use.
It also means office spaces, both serviced and conventional. Wolverhampton businesses benefit from great transport connections with Birmingham and the North-West via the M6 and M54 and it makes an excellent location for company headquarters.
At Home Point we’re a leading commercial estate agents based in the West Midlands. Our Wolverhampton office is on hand to provide commercial sales or lettings including full property or portfolio management if required.
We operate fully in compliance with The Property Ombudsman Code of Practice for Commercial and Business Agents. That means we aim to uphold high professional standards at all times and will be working on your behalf to ensure you get the best price if selling, or that we find you a tenant as soon as possible if leasing your property.
Our service includes a free appraisal of the rental and sales value of the site and you’re under no obligation to take us up on that valuation. If you do continue to work with us we handle all of the advertising and marketing of the commercial property, the viewings, and tenancy or sales agreements.
And we’ll keep you fully informed of all developments during the course of the advertising period and any feedback we get from interested parties. If you also wish to include ongoing property management this takes care of all maintenance and building repairs, so you won’t need to worry about being on call for tenants it is all taken care of for you.
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