It’s been a very busy week, business owners are growing in confidence and are looking to get ahead of the curve as the economy starts to unlock. Some really exciting conversations have taken place this week, as growing businesses, needing more space are looking at what property options are available.
The shortage of property, particularly in the industrial sector, is complicating this decision process for business owners, as they struggle to find their ideal property.
If this is you, then there are normally three options to consider.
- Firstly you could choose to wait for the right property to become available. But how long could this take, weeks, months or even years? And even if the ideal property does become available, there might be competition from other occupiers, meaning it might be more difficult to secure.
- Secondly you could look for and consider, the next best alternative. This will often mean compromising your requirements. Which requirements should you compromise, location, size, budget, strategy, etc. As an example, rather than relocation as a whole, you might decide to retain your existing property and take on a second property and split your operation. This might not be ideal, but it gets you closer to your goals and objectives and is a step forward.
- Thirdly you could stay where you are and put the brakes on your expansion.
Information is needed to make the best decision. With the right information, you are able to assess your options and make an informed and considered choice. That is what we have been helping our clients with this week.
By identifying what property options are available, a better decision can be made.
So if you need assistance in identifying what options are available to you then please give us a call.
