The time may come when you wish to move on to pastures new and put your commercial property up for sale. In order to recoup the investment you originally made, a building maintenance team can help you ensure your property is in peak condition.
According to reports, properties in Kent now take a much shorter amount of time to sell than in previous years. In Dartford, the average duration of a sale is now a pacy sixteen days. This spells good news for commercial property owners who are looking to make quick turnovers on their leaseholds.
But, whilst, demand is high, you still can’t rest on your laurels. The flats that sell quickest are those that show signs of due care and attention. No one wants to buy a leasehold that is in dire need of maintenance, even in areas of the country where sales figures are so impressive. A property’s value can be affected by a number of different factors and one of these is the expense of upkeep. Ensuring your leaseholds are in perfect condition before you put them on the market can help you attract even more prospective buyers.
No one wants to buy a property that looks rundown and poorly looked after. Even those on a budget will avoid a building if it appears to be neglected by its manager. Whilst a lick of paint and a quick spring clean can cover up superficial problems, they aren’t the answer to underlying damage. If a buyer thinks they are being conned, then they are going to be far more wary of offering you full price for the property. Well-maintained buildings are sought after because they promise a more comfortable environment and people are willing to pay more for a higher standard of living.
One way a building maintenance company can help you increase the salability of your property is by ensuring it never becomes completely inhospitable. Wear and tear is to be expected, but left unchecked, minor issues can quickly become exasperated. Due care and attention should be paid to both the interior and exterior of your property, especially if you are in an area susceptible to damp or weather damage. Whilst it may take a while for any significant problems to occur, the longer you leave it, the more likely you are to be landed with a major repair bill.
The same goes for your building’s integral systems, such as HVAC and electrics. If you avoid maintenance work for too long, your system will start to underperform and can eventually lead to the need for costly replacements. A prospective buyer will want to see details of previous maintenance work, in order to determine whether the property is worth its estimated value. If it’s been years since you last ordered a service, then it’s going to affect the amount they offer you.
With a building maintenance company you can be sure that all reactive and preventative maintenance is carried out to a high standard. You also know you are getting certified professionals to test and tune up all your systems before you put your property on the market. By investing in a maintenance plan from the very start, there should be no reason for buyers to find fault in the working order of your building. Not only does routine maintenance improve the aesthetics of your property, it also prevents it from reaching the point where its value begins to depreciate.
If you’re a commercial property owner in Kent looking to prepare your building for a sale, then Blake’s building services can help. Our building maintenance team has many years of experience in the industry and can provide both reactive and preventative maintenance for all types of commercial property. For more information, give us a call on 01634 86 29 29 or get in touch through our contact page.