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Commercial Property Investment Tips: Make Room for More Space

declutterHow does one make more room in such a limited space? The task at hand may be tricky but this does not make it impossible, even if that’s how it may seem at first. All it takes is just the right amount of tricks to turn your commercial property investment from suffocating to breathable and here’s how.

Tip #1: Get rid of clutter. Perhaps the easiest and most obvious of tricks and yet this is one often overlooked. Mess is not only an eyesore but it can easily hoard a significant amount of space in a room.

Tip #2: Bring in natural light. Bigger windows and glass panes allow for more illumination which helps in making commercial spaces appear bigger and brighter. Be wise when it comes to choosing artificial sources and lighting fixtures too.

Tip #3: Invest in smart storage solutions. Don’t leave files and supplies on piles. Install shelves and use cabinets, organizers and the like.

Tip #4: Choose the right paint color. Not only does it make the office look chic and sleek but it also helps in better lighting. Opt for colors such as white and softer hues.

Tip #5: Dimensions matter. Make sure to measure furniture and equipment against the floor plan before buying them. Everything has to fit well.

Tip #6: Build up instead of sideways. If the commercial property investment comes with high ceilings, consider adding a loft. When it comes to shelves, maximize by building vertically and taking advantage of unused corners.

Tip #7: Stay organized. Create a system by which to organize files and supplies. Labels help make the job of finding things easier and it ensures that everything has its own place.

Tip #8: Make the space cohesive. A commercial property investment should never be boring. While personality and design play a huge role in employee productivity and corporate branding, it also ties up all the elements of the space to make it in sync allowing for people to perceive it as put together, professional, organized and spacious.

Tip #9: Consider glass and mirrors. Anything with a reflective feature or finish helps in expanding the space beyond what they normally are.

Tip #10: Install glass internal sliding doors. Without a visual divide that cuts through the commercial property investment, it appears more spacious. Additionally, sliding doors need no swing room to function allowing the business to free up several square feet of floor space.

Pros to Leasing a Commercial Property Investment in UK

commercial-property-investment-ukDo you have a commercial property investment UK? Are you planning or at least considering leasing it out? If your answer to both questions is a resounding yes then you’ve come to the right place.

We’re giving you a rundown on the various perks and advantages to renting out your investment. Take a look and see for yourself.

  • It provides a steady income stream. – Monthly rental collections provide you with a good source of income. For many people, this gives them financial freedom. While others use leasing as a means to add more inflow to their pockets apart from their regular day jobs, others do it round the clock as their permanent source of living.
  • You retain ownership of the asset. – Renting out is different from selling despite of the fact that you’re not the one directly using or occupying the space. But what’s great about the former is that it allows you to retain ownership and the title to the asset all while earning income from it as mentioned previously.
  • You may choose to sell it later. – Since you retain ownership, you have all the liberty and discretion to sell the asset in the future should you wish to and should all contracts expire. You can do so for a profit too which is very attractive. Many investors go down this route when they find better investments to put their money and efforts on.
  • It helps with your taxes. – A good number of expenses that you incur for renting out the space can be considered as tax deductible thereby lowering the dues for you to pay. You’re going to ask a professional for this though because different areas and circumstances will reveal different allowable deductions.
  • It pays for your mortgage or loan. – The steady stream of rent income you earn can be used to pay off the mortgage or loan you took out to acquire the property. In essence, you’re not taking out resources from your pocket anymore which is a good thing.

Leasing out your commercial property investment in UK sure sounds like a good idea by now but you must also put into account the costs attributed to it and the work too. Make a cost-benefit analysis and weight things over. After all, it’s never going to be the same for everyone as varying sets of factors will lie ahead.

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