How do you determine the appropriate rental or sale price for a commercial unit?

Commercial

Determining the right rental or sale price for a commercial property involves a comprehensive analysis of:

1. Location and Footfall: Proximity to key commercial hubs, transport links, and competitor businesses.
2. Property Specifications: Size, layout, parking availability, and facilities such as loading bays.
3. Market Comparisons: Reviewing similar commercial properties recently sold or leased in the vicinity.
4. Current Economic Factors: General business climate, interest rates, and consumer spending trends.

At HJ Byrne, we use our extensive commercial property experience to provide a data-driven valuation that aligns with market conditions and maximises potential returns for our clients.

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