Mon 03 Apr 2023

Top Tips When Viewing Commercial Properties

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Deciding to start your own business can be daunting and exciting all at once. You may be keen to start viewing potential commercial properties from which to start your new venture, but don’t be tempted to rush the process. Our estate agents in Loughton handle a large number of these viewings daily, so here are a few top tips that could help and inspire you on your journey.


Ensure that your estate agent knows what you are looking for

One of the first things to consider is finding a good estate agent who is local to you. Work closely with them to build up an extensive list of exactly what you are looking for. The more information you can give your estate agent the better. This will enable them to find properties that work on every level and will give you a broad and exciting choice range. Think about the location of your property and where you see yourself being based. Is this negotiable for the right property? Or is the location your main sticking point? Choosing somewhere that is within easy travel reach for yourself and/or your business partners is always a good idea. You should also do your research and find out how other commercial venues are doing in your chosen area.

Make decisions with your head, not your heart

When you are viewing a property for the first time, it is easy to get caught up in the moment. Try to think logically about each property that you view and make decisions with your head, rather than your heart. It can be helpful to bring a notepad to jot down any thoughts, questions, or concerns that you have on your initial viewing. Your estate agent will then be able to handle any follow-ups that you may require.

Be sure to bring measurements of any furniture, desks, bars, or tables that you have in mind for the decor of your business. This way, you can fully plan whether the space is large enough to accommodate all your needs. You could also take photographs and videos if permitted. These will be helpful to look back on after your viewing, as things can often get hazy amidst all the excitement.

Always arrange a second viewing

Finally, don’t forget to arrange a second viewing if you think that the property could be a good fit for you and your business. A second viewing is the opportunity to further examine all the finer details and to check that the property ticks all of the right boxes. Here you can also ask more follow-up questions to ensure that you can make an informed decision should you choose to go ahead with signing a contract.

Hopefully, these handy tips have been helpful to your commercial property finding journey!


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