Office for Sale: What You Need to Know When Buying an Office

Why buy a professional office?

Moreover, note that buying a professional office is probably the simplest solution insofar as:

• It allows your company to own professional assets; and saves it from paying rent;
• It offers greater security than renting since it eliminates any risk of eviction;
• It allows the premises to be included in the company’s assets;
• It offers the possibility of carrying out renovation and fitting-out work more easily, whether intra-muros or extra-muros.

Good to know

Do you wish to acquire an office for your company? Several solutions are possible. The company can in particular invest in a premises in its own name, so that it becomes part of the company’s assets. It is also possible to buy in the name of a real estate company owning the building which will rent it to the operating company.

What documents are needed to buy an office?

Like any real estate purchase, you will need to provide documents relating to:

• the purchase offer: this includes, among other things, proof of identity, a letter mentioning the offered price and the financing method, etc.

• and the sales agreement: these are standard documents related to proof of your identity, your address, the BCE extract if you buy in the name of the company.

How to estimate a professional office?

Buying a professional office requires a certain budget. You must therefore establish an estimate of the price of the property you wish to acquire, in order to know the amount of the down payment to be made and the amount to be borrowed. To do this, you must take into account many criteria:

• the condition of the professional premises: a new premises without work will certainly cost more than an office to renovate.
• the geographical location: it is important to inquire about the prices/m2 applied in the neighborhood. This varies notably according to the ease of access, the sector and its economic dynamism.
• the foreseeable prospects of the office: some offices have more assets than others. For example, a space equipped with an elevator, parking, a fully equipped kitchen and a meeting room with an unobstructed view will necessarily be more expensive.
• The energy performance of the office: offices with high energy performance, particularly with energy certificates bearing high classification labels, are more expensive to purchase but less costly to use.

Why invest in commercial real estate?

Some choose to buy with the aim of renting out the office. This option is attractive insofar as it offers:

• more profitability: indeed, this type of investment shows an average return of 4 to 8%
• potential capital gains: particularly if the office is well located

Did you know?

Allten is a professional real estate agency specializing in the sale and rental of offices. We thus put all our know-how at your service to help you find the property that best suits your expectations.