Selling a commercial property: what you need to know
Like any professional real estate property, selling a business can be time-consuming, costly and complicated. Between preparing documents, setting up an optimal sales strategy, and searching for candidates, the owner can quickly become overwhelmed.
The intervention of a specialized professional real estate agency like Allten is therefore essential. Indeed, we support you throughout your project and give you all the tips to optimize the sale.
Why and how to sell your commercial premises in Belgium?
There are different reasons why an owner may decide to sell commercial premises. The first is that it is an excellent way to benefit from considerable financial gain and achieve a profitable investment.
Selling a business in Belgium however requires carrying out several administrative and technical procedures. For example, it is necessary to enhance the property, particularly by equipping it with facilities and materials suited to the purpose of the premises. Then, several steps are essential before the final signature, including:
- estimating the value of the property;
- publishing advertisements;
- visits by potential candidates;
- preparing administrative documents;
- negotiating the sale agreement.
It should also be noted that the selection of the buyer candidate must be done with the greatest care.
How to determine the price of a business for sale in Belgium?
Several parameters must be taken into account to determine the sale price of commercial premises in Belgium. The first is location, as premises located in dynamic areas with high demand are more expensive.
Other elements can also influence the price of your business for sale.
- The size of the premises: the larger the premises, the higher the price.
- The purpose: a business intended for a specific activity, such as a restaurant, will have a higher value than premises intended for a generic activity.
- The quality of the property: like any other property, the price of a business for sale is influenced by its quality.
- The equipment provided: if specific equipment and facilities are present, the price will be higher.
Note
It is advisable to call upon a real estate expert to estimate the exact value of the commercial premises and determine the ideal sale price.
What documents are required for the sale of commercial premises in Belgium?
Like any real estate property, the sale of commercial premises in Belgium involves preparing several documents. These include:
- a property title;
- a subsequent intervention file (DIU);
- data relating to the condominium, if the property is part of a building;
- the soil certificate;
- urban planning information.
Other documents may also be required depending on the case, such as the PEB energy certificate for commercial premises over 500 square meters in Brussels.
In conclusion
The sale of commercial premises in Belgium involves carrying out several procedures. The assistance of a professional real estate expert like Allten is therefore essential to ensure the smooth running of the transaction. So, contact us now to sell your business quickly!
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