Commercial property, industrial units and offices are becoming more and more valuable to their owners. Whether bought to use by the owner or bought to let to other businesses, the value of these units and offices have huge potential for long term capital gain.
Every business whether service based or manufacturing needs premises to operate from and this is what makes industrial units and commercial property so valuable. Owning a commercial property gives a business a major advantage. It increases the value of a business hugely and means that a company has a valuable asset which can be used in various different ways. Firstly, owning and using the property eliminates rental bills incurred when a company has to rent their industrial unit or office from another company. Secondly, the business has a sellable asset which can be turned into capital if necessary. Finally, the business can create revenue by renting out all or part of the unit to another company.
Industrial units and offices can vary hugely in size and design. From small 1000 square foot office space through to 30000 square foot industrial units encompassing storage space, offices, workshops and manufacturing areas. The offices and units can be used simply for storage and be very simple in design and facilities, consisting of merely shelving, lighting and a lockable roller shutter door. On the other end of the spectrum the commercial property can be multi faceted and consist of purpose built reception and office areas including toilets, kitchens and pedestrian entrances coupled with industrial units with the room to store goods and fully working industrial machines to allow for manufacturing and production.
Industrial units, offices and commercial property all need to be designed and built to high standards. They must be equipped with all the facilities needed by a modern company on a day to day basis. Any business needs a good quality property, whether bought or leased, in order to perform their own functions to a high standard. A small internet service company for example must have offices which allow for their employees to work in comfort and carry out their tasks and also must have very secure and high standard storage spaced for servers and computer equipment. The quality of build and workmanship needs to be of the highest quality to ensure both comfort and functionality for the employees. As well as this an industrial unit built to high standards will retain its value as an asset for longer than one of inferior quality and will also allow for higher rent to be demanded from potential tenants.
Companies who design and build these industrial units and offices need to not only design and build the commercial properties but also offer services such as detailed drawings for planning permission, structural calculations, reports for building regulators, layouts and footing design diagrams as well as free estimates. R3 North West perform all these tasks for their clients as well as designing and building top specification and high quality industrial units and offices. Their exciting and modern designs are all built to the highest standards and offer businesses solutions to problems with premises.