Industrial Properties For Sale
When an investor is looking to invest in industrial properties for sale then there are a few guidelines to follow when choosing the right property. Does the investor want to buy in order to rent it out again? Leasing industrial properties is basic and simple. Vacancies are easy enough to manage, but just mustn’t have any special designs that would limit the tenant’s usage of the property.
Rents are usually on a net rent basis and the tenants usually take full responsibility for the payments that go out. The landlord needs to make double sure that their accounting process is sound and reliable so as not to have any unpaid rent fees which in turn accumulate unwanted fines.
When the property markets are strong, the profits that can be achieved from industrial properties for sale can be very lucrative to the seller. The landlord needs to take great care in ensuring that a good record is kept of good tenants with a good track record of rental payments and also a very good and sound lease as well as a terrific location and well maintained property.
Industrial properties for sale are attracted by two sources, the investor market and the owner occupiers. So if the one sector is selling slower than the other, there will still be sales to be made from the other.
Other key features that will help industrial properties for sale to sell quicker than most would include features such as ample car parking for staff and customers to make access to the building easier and more convenient not to mention accessible.
Along with the parking area for the customers and staff it is also advisable to position food loading and turning areas for trucks for your loading and off-loading purposes. Having well planned and positioned loading areas will ensure that productivity isn’t slowed down because all loading and offloading will run smoothly efficiently.
On the topic of trucks, it is also vital to have generous warehouse height and entry points for trucks and storage. This ensures that the goods are off-loaded as close to the warehouse storage area as possible, again not taking away from productivity and allowing for quick and smooth operations.
Good proximity to services such as roads, transport, water, petrol stations, electricity, and other industrial tenants.
Theses elements play a major role in the quick disposal of industrial properties for sale. Whether you are a real estate agent, a property investor, or a business needing a building to occupy, you can start with these basic informative suggestions and add your own special requirements to create the profile of a good industrial property in your area.
Michael Birch is an Industrial Property Broker specialist. He specializes in the industrial property market in the Northern Suburbs of Cape Town, South Africa.
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