Commercial Space for Sale: What You Need to Know

Buying a Commercial Property: Why Invest in a Commercial Space?

As a merchant, buying a commercial property confers many advantages. In addition to increasing the overall value of your business, it allows you to free yourself from all the constraints related to renting a property:

• rent increases,
• eviction,
• etc.

You also have great freedom in terms of management and layout. Thus, you can decide to modify the surfaces and renovate the interior arrangements without having to worry about a landlord’s requirements.

For investors, it is an acquisition that can prove very lucrative. Indeed, if you judiciously choose the property you wish to buy, you can hope for an interesting return.

How to Buy a Commercial Building?

There are several ways to acquire a commercial property.

• direct purchase: the property is acquired in the name of the company itself, which becomes the full owner. In this case, the property enters the company’s assets.
• purchase in the name of the manager: some managers also prefer to buy the property in their own name or through their real estate holding company to then rent it to their operating company.

How to Estimate a Commercial Building?

Whatever the mode of acquisition of a commercial building, a valuation of the property must be carried out. To do this, several criteria must be taken into account. It is not only about the surface area of the property, but also:

• the location area: the location of a business is a fundamental criterion for its valuation. Indeed, the more popular and frequented by consumers the area is, the more the property will be valued upward. Businesses located in city centers in commercial areas are thus generally more expensive than those located in urban peripheries.
• accessibility: accessibility is also an important criterion for valuation. Indeed, if the commercial property is easily accessible, it will be better valued than another property less easy to access.
• commercial potential: this is the development potential of the business. The more the commercial property is in a promising environment, the more value it will have.
• standing: standing is one of the essential characteristics of a business. Indeed, the better maintained a commercial property is, the higher its sale price will be.
• etc.

Business Goodwill for Sale

In addition to the commercial property, business goodwill can also be transferred. It is thus a set of elements necessary for the operation of the business, namely:

• the clientele;
• the material elements necessary for operating the business (equipment, stocks, supplies, merchandise…);
• current supply and delivery contracts;
• the right to lease,
• etc.

Concretely, during the sale of business goodwill, the transferor undertakes to provide the purchaser with all the elements allowing them to start commercial life.

Buying business goodwill is also advantageous, provided you select the right deal.

In brief…

Acquiring a business is an operation with multiple advantages. To find the ideal location, however, it is essential to call upon a professional real estate expert in Belgium like Allten.

Thanks to our perfect mastery of the local market, we help you find the business that meets your expectations.