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Financial forecast for your london commercial property

Financial Forecast for Your London Commercial Property

In this time of restless global finance there are many reasons why the purchase of commercial property is not a favourable option. And in any such market the time to lease has never been more appealing an option. ‘Why buy now?’

This is the question on many lips. In a commercial property market which is so unsteady it is the uneducated individual that put’s all their equity eggs in one basket. For a long term investment in commercial property, buying still may remain an area which could make a decent return, however it is essential that you way up all the pros and cons and get sufficient advice from a commercial property expert. Assessing the area that you are investing in is also of paramount importance.

If you are thinking of letting or buying commercial property in London then you will not only need the insider knowledge of the area, again the best people to contact are specialists in commercial property, but you will also need to assess long term plans for the future of the area. When looking into this it can often be that the area has plans for better transport links and redevelopment making it a good place to invest in commercial property. If you are leasing commercial property you may be looking into leasing a variety of different types of commercial property.

There are three main categories for commercial property, these being retail commercial property, industrial commercial property, and commercial office space. By renting any of these types of commercial property rather than buying you will be in the most positive financial situation. Firstly, you will not have any negative equity, and secondly you will only have rent to consider which will help for forward planning and cash flow forecasting which is always welcome in a difficult financial global market. If you are thinking of leasing commercial office space London then there is a large amount of office space available.

A popular option for renting commercial office space is serviced office space. This option generally means that you will pay a one figure monthly charge and there will be many additional services included in this price. Some typical inclusions for this fixed rate commercial property charge are electricity, in fact all utility bills, council tax, phone line rental and own phone line, broadband internet, manned reception, shared use of facilities like a kitchen and bathroom and in many occasions shower facilities and security. If you are a start up business then this area of commercial property London is often the most appealing option.

You can also often get short term flexible contracts on serviced office space and if you are working alone you may also want to consider the option of a hot desk in one of London’s prime central locations. Or if you are working from another area of the country you may wish to consider a virtual office with a London postcode.

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