))
Should You Sell Or Rent Your Commercial Property?
Manage episode 388358515 series 3535418
Content provided by Saddat Abid. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Saddat Abid or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Link to Property Saviour: https://propertysaviour.co.uk/sell-commercial-property/
Phone number 0113 320 6700.
If you own an empty commercial property, you might wonder whether it is best to sell or rent it. In this podcast, I will discuss renting or selling a commercial property to avoid business rates liability.
Hi, I am Charlotte from Property Saviour. I love property and have been a landlady for over 5 years. I enjoy interior design and work alongside my husband on his property portfolio.
How Long Will It Take To Sell A Commercial Property?
Agreeing to sell a commercial property to a proceedable buyer can take a couple of months, but the completion can take several months as a best-case scenario.
I have seen commercial properties stuck on the market for several years with no offers. During this time, commercial landlords must pay business rates.
Whether you have an office, a warehouse or a light industrial unit, the local demand for your type of property and your price will determine whether you can sell it.
Our team speak with commercial property owners daily, and their concern is the uncertain future of commercial properties. A few landlords have rented their properties at nominal rents so that their tenants can pay business rates. This is not a long-term solution, and if you are worried, please do not suffer in silence and call us.
4 episodes
Share
