Buying into this type of commercial property means you’ll receive income from day one of ownership.
Remember when investing into this type of property, to factor in the property management costs. If already let you can find these out with ease and may look to switch company in the future if the need arose.
Also, make sure you understand the market. What are the premises currently achieving? How does it compare to surrounding premises? What is the demand like in the area?
This type of development investment is becoming more and more popular. There is huge value and profit to be made from these conversions so long as the numbers stack up and you do your due diligence.
Vacant Commercial Buildings
Let Commercial Buildings