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What types of use exist for commercial properties?
Typical uses are office, retail, logistics, production and gastronomy, each with different demands on location and fit-out. The legally permitted use follows from the development plan and the building permit. We check with you whether your planned use suits the property.
How is a commercial property valued?
Besides location and condition, the existing lease, its remaining term and the tenant's creditworthiness are central factors. Comparison is often made via the purchase price multiplier in relation to the annual net cold rent. In our free valuation we put these figures into context.
Why is tenant creditworthiness so important?
The value of a let commercial property depends heavily on how secure the rental income is. A solvent tenant on a long-term lease stabilises the income, while a short-term lease increases the risk. We document the relevant contract and tenant details transparently.
Which documents do I need when buying a commercial property?
Important papers are the land register extract, building permit, proof of use, lease, schedule of areas and energy certificate. These documents show the legal and economic basis of the property. We provide them in the digital data room.