Selling a warehouse: what you need to know

Why and how to sell a warehouse in Belgium?

Several reasons can lead an owner to sell a warehouse. The desire to move to a more suitable premises, the need for cash or the desire to reinvest in another property are all motivations that can lead to this operation. It can also be a real commercial activity, in which the acquisition and sale of warehouses are regularly carried out.

In any case, the owner will have to go through many steps to put it up for sale. These include:

• carrying out diagnostics;
• estimating the value of the warehouse;
• publishing the ad on social networks and other specialized platforms;
• organizing visits;
• negotiating the terms of sale;
• successfully completing the transfer procedure (signing notarial deeds, etc.);
• etc.

What documents are required for the sale of a warehouse in Belgium?

Like any real estate property, the sale of a warehouse in Belgium requires the production of several documents. These include:

• the property title;
• technical diagnostics;
• urban planning information;
• etc.

Note that depending on the regions, the list of required documents may vary. It will therefore be necessary to inquire with the competent local services on this subject.

Good to know

The seller is required to provide all the information they have about the property at the time of sale (easements, soil pollution, etc.)

What strategies to sell your warehouse?

In addition to preparing the mandatory documents, implementing an optimal strategy is essential. This not only maximizes the sale price, but also speeds up the process.

Among the elements to consider when developing this strategy, we can notably mention the equipment and facilities of the building. Indeed, the presence of a loading dock, offices or specific equipment can represent a real asset in the eyes of buyers.

It is also important to know the sector where the building is located. The study of the real estate market is thus essential to determine the price at which to sell the warehouse. Other parameters are also to be considered:

• the characteristics of the property (surface area, location, general condition, etc.);
• the target clientele and their expectations;
• the prices practiced on the local professional real estate market;
• etc.

To conclude

The sale of a warehouse requires careful preparation and the adoption of an adapted strategy. This is why it is essential to surround yourself with qualified professionals to support you in the procedures.

A real estate agency specialized in professional real estate like Allten is able to support you. Contact us now for more information.