if it is 15 to 25 years down the line.
Have your broker check around to see what type of action the property is getting and has got in the last few months.
WHAT ARE THE AREA'S FUTURE DEVELOPMENT P PMENT PLANS?
This is huge for the space’s potential value. Your broker should be able to find out (or already know) any new projects that are being planned and built in the direct area. Once you know the future of the area, it becomes easier to make a correct long-term judgment. Do not just move and buy blindly into an area. You need to know how it will look in the coming years and decades. Ask your broker about this. They will know.
ARE YOU FULLY INFORMED AB RMED ABOUT MARKET RATES IN THE AREA? TES IN THE AREA?
There are ways to get familiar with your market, and being thorough during your original search is a good start. Your broker will also help you here. This can make a big difference during negotiations.
IS YOUR BUSINESS S INESS STABLE ENOUGH FOR THIS? R THIS?
The financial aspect of this question is obvious. You need to have at least a short history of earning income successfully to get lending. But you also need to be sure of long-term stability and how your business will operate from your new building. Putting the time and effort into the purchase and space planning just to outgrow it happens more often than you may think. If you think rapid expansion is close, maybe leasing is a better option. Or do your best to plan for that with extra space. Your company
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