Buying or Renting

If your business has surplus capital you may consider that buying a property would be a good investment. Owning property gives you the freedom to use the premises as you wish – subject to planning controls and approval from your finance provider. There is the potential for the property to rise in value and provide a profit, should you decide to sell. You also have the option to let all or part of the property to other occupiers and thereby receive additional income.

However owning a property can be a large financial commitment when you compare it to renting.  You may feel that money that would be tied up in a property could be better spent on your business. Renting a property is a more flexible option, and the terms of a lease can be negotiated to suit the needs of your business.

Our lawyers can discuss the advantages and disadvantages of each option with you and enable you to reach an informed decision.

Whether you choose to buy or rent a property, Borneos has the experience to advise you through each stage of the process to ensure that the needs and requirements of your business are met.

 

 

If you would like to discuss how we might help you, please:

 

• call any of our office numbers listed at the bottom of this page;
• contact one of our specialists direct by clicking on their name below; or
• complete our enquiry form

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Members of our team specialising in this area:

Antony Hopgood, Graham Humphrey, Hugh Johnstone, Kirsten Rimmer, Joseph Soul

Ruth Burrell, James Cardwell, Caroline Hayward, David Pilgrim