Published: 26/12/2024
Deciding whether to sell or lease your UK commercial property? A commercial estate agent can help guide you, but here’s a simple breakdown:Sell 🏢💰
Best if: You need a lump sum of cash or want to exit the property market entirely.
Pros:
- Immediate cash for reinvestment or other needs.
- No ongoing responsibilities like maintenance or managing tenants.
Cons:
- You lose any future value if the property increases in price.
- Potential Capital Gains Tax on the profit.
How a Commercial Estate Agent Helps: They’ll market your property to the right buyers and help secure the best price quickly.
Lease 🏢📈
Best if: You want regular income and are okay managing the property.
Pros:
- Steady rental income.
- You still own the property, so you benefit from long-term value growth.
Cons:
- Effort required to find tenants and maintain the property.
- Risk of void periods (time without a tenant).
How a Commercial Estate Agent Helps: They’ll find reliable tenants, negotiate lease terms, and help you manage the process smoothly.
Key Tip
If you want cash now, sell. If you want long-term income and are happy to manage the property, lease.
A good commercial estate agent can evaluate market conditions, advise on tax implications, and help you make the best choice for your property.
