Real Estate News

Introduction Solar panels are becoming an increasingly familiar feature on commercial buildings. Warehouses, industrial units and other properties often have substantial roof areas that may be suitable for photovoltaic installations. For commercial property investors, a building with solar panels can appear attractive. The installation may provide electricity for the occupier, contribute to energy efficiency or…

Introduction Commercial property management has traditionally relied on a combination of routine inspections, maintenance schedules, tenant communication and reactive repairs. A tenant reports a heating problem. A contractor attends to investigate. A landlord receives an electricity bill and reviews the costs after the energy has already been consumed. These processes remain important, but technology is…

Introduction When comparing commercial premises, the asking rent is often one of the first details a business owner considers. Two properties may offer similar floor areas but have noticeably different rental prices. It can be tempting to assume that the cheaper property represents the better deal. However, commercial property decisions are rarely that simple. A…

Introduction When commercial landlords look for ways to improve the value of their properties, they often concentrate on the ground floor. Ground-floor accommodation usually attracts the most attention because it is visible, accessible and directly connected to the surrounding streets or yards. However, the floors above can also present opportunities. An older commercial building might…

Introduction Owning commercial property involves more than collecting rent. A landlord may have a building occupied by a reliable tenant, with payments arriving on time and few day-to-day problems. It can be tempting to assume that everything is running smoothly. However, commercial buildings can develop maintenance issues gradually. A blocked gutter may go unnoticed. A…

Introduction The way commercial buildings are constructed could change significantly over the coming years. Traditionally, developing a warehouse, industrial unit or office building involves carrying out most construction activities directly on site. Materials arrive, contractors undertake the works and the building gradually takes shape over several months. However, modular construction offers a different approach. Rather…

Introduction When purchasing a tenanted commercial property, investors usually pay close attention to rental income, lease length and tenant financial strength. These are important considerations. However, another lease provision can have a significant effect on the property’s future flexibility and investment performance. The permitted user clause. This provision establishes how the tenant is contractually permitted…

Introduction A commercial property has been newly refurbished. The walls are freshly painted, the lighting has been upgraded and the building looks clean and modern. The landlord describes it as ready for immediate occupation. For a prospective tenant or investor, the property may appear to be a straightforward choice. After all, if substantial money has…

When businesses search for commercial premises, modern developments and newly constructed industrial parks often receive considerable attention. New buildings can offer excellent specifications, contemporary facilities and attractive layouts. However, some of the most practical commercial locations across North Manchester are not new at all. They are established employment areas that have supported businesses for decades….