Top tips for selling your commercial property
Article | 3min read
by JONES REAL ESTATE on October 25, 2022
Listing your commercial property on the market can seem daunting, especially if it’s your first time doing so.
There are many considerations that combine to create the best possible sales outcome for your property, so to get you started, we have written this article outlining some simple tips and tricks to help maximise returns on your space.
First impressions matter
When it comes to selling commercial property, first impressions matter. Therefore, it’s crucial that your building’s exterior is properly maintained to ensure it’s looking its best prior to listing.
One simple way to breathe new life into your space is with a fresh coat of paint, or a professional clean with a high-pressure hose for properties with an unpainted material façade like timber and concrete – make sure they clean the windows for you too!
If you have a patio or balcony, this can often be a big drawcard for potential buyers. Table settings and low-maintenance plants are great ways to elevate these areas, but just make sure furniture is clean and your plants are looking healthy and well-presented before taking people through.
Keep up with interior up-keep
If any walls or surfaces are damaged inside, these should be plastered over and painted prior to inspections commencing. Even though a chip here, and a crack there, might seem superficial and insignificant, they can leave an underwhelming impression among prospective purchasers and ultimately affect enquiry levels.
Decluttering internal spaces is another important task before listing your property. And by moving and resetting different furniture items in your office, this will also help you understand if the floor your pieces sit atop of require cleaning as well!
Give your floors new life
While it might seem like a no-brainer, one of the big selling features of any commercial space is the condition of its floors. In our experience, damaged or dirty flooring is often one of the first things a potential buyer will notice, but one of the simplest things an asset owner can manage to ensure a property is looking its best.
By replacing or professionally cleaning torn, stained or scuffed carpets, this will breathe new life into your building and give your potential buyers assurance that the property has been well maintained.
If you have concrete flooring, it’s always worthwhile arranging a clean and polish for these too, while replacing old vinyl should also be considered before people are shown through your building.
Schedule an independent safety inspection
Perhaps one of the most important components of selling your property is ensuring that it is safe for its next and users.
While most people can manage things like changing smoke alarm batteries, assessing fire extinguisher expiry dates, and confirming emergency evacuation procedures, we recommend getting an independent assessor to conduct these for you.
By implementing a comprehensive safety equipment and policy check before listing your commercial property, this also gives agents a positive talking point to discuss when showing sales prospects through your building.
Professional photography is a must
Once you are happy with the condition of your space, another thing we recommend to our clients is arranging professional photography to capture the key components of the property.
Similarly to the residential market, having access to high-quality imagery makes sales materials pop and will help to drive early interest and enquiries for your space.
If you have a property that needs readying for sale, then we would love to speak with you about how we can support. Please reach out to us at email@example.com to learn more.