Leasing vs Buying Commercial Property

Leasing vs Buying Commercial Property

Property Insights

2012-09-10

Whether or not you decide to lease or purchase commercial premises is not clear cut. In order to decide which is the best option for you, you should first do an in-depth assessment of the short, medium and long-term requirements of your business.

In most cases, leasing commercial property makes the most sense, given that the majority of businesses are unable to predict their future space requirements for extended periods of time. Leasing also provides flexibility around fluctuating variables like space requirements, optimal locations and budgetary constraints.

The exception to this is if your operating site is crucial to the ongoing operations of your business. In this case, purchasing your commercial property would be advisable  – particularly if you think you'll occupy the commercial premises for a period of five years or longer. Should your business need to formalise a commercial real estate strategy around your business objectives, contact an experienced, knowledgeable property practitioner for assistance. We're on hand to help - call Simon at Black Pepper Properties on 083 261 2861.

Related blog posts (12)

Two new bills to impact the property industry

Two new bills to impact the property industry

Property Insights
2019-11-06
Property Practitioners Bill signed into law – now what?

Property Practitioners Bill signed into law – now what?

Property Insights
2019-10-21
A new generation web presence

A new generation web presence

Property Insights
2019-10-08
Automating a property brokerage with Gmaven

Automating a property brokerage with Gmaven

Property Insights
2019-07-09
Common Aspects of Corporate Lease Structuring

Common Aspects of Corporate Lease Structuring

Property Insights
2019-07-04
What’s involved in an office fit out?

What’s involved in an office fit out?

Property Insights
2019-07-03
Tenant Representation

Tenant Representation

Property Insights
2019-07-03
BizTrends 2019: How tech is disrupting - and benefitting - the corporate real estate industry

BizTrends 2019: How tech is disrupting - and benefitting - the corporate real estate industry

Property Insights
2019-01-14
Corporate Real Estate Relocations

Corporate Real Estate Relocations

Property Insights
2015-02-18
Commercial Property Occupancy Costs

Commercial Property Occupancy Costs

Property Insights
2014-10-08
Government Leases: A Good Idea?

Government Leases: A Good Idea?

Property Insights
2014-05-18
Buy or lease commercial property? The debate continues...

Buy or lease commercial property? The debate continues...

Property Insights
2014-05-15