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WHAT WE DO FOR YOU Step 1 - We establish your requirements. During our initial free consultation we’ll discuss the type of commercial property you’re looking for, whether it’s office, retail or industrial, and what your objectives are.
At each inspection, we take many digital photos to send you that show the good and the bad so you can get a real feel for the commercial property. This step saves time and money as we guide you through the selection process.
Step 2 – Commercial Property search Once you give us the go-ahead, we’ll commence a comprehensive search of commercial properties available for sale within your agreed criteria. Not only do we have access to every listed commercial property available, our networking skills enable us to find many “silent sales” before they come on the market, which often represent exceptional value for money.
Step 4 - Due Diligence This is where our experience really comes into play. If you are keen to proceed, we evaluate and assess the property in more detail. We look for ‘potential problems’ or expenses to factor in. We also include a range of protective conditions in the Contract of Sale that are in your favour, not the seller’s.
Step 3 - A shortlist We then investigate a ‘shortlist’ of commercial properties on your behalf and prioritise the best candidates. When assessing the merits of one commercial property over another, Property Wizards considers: • The location and its prospects • The existing tenant and lease • The likely tenant base • T he current rental yield and likely future prospects • Potential for capital growth • Your investment objectives • Your budget
Step 5 – Accurate Pricing We obtain up to date information about the property, the lease and tenant, as well as comparable yields and sales data to assist in assessing its true worth, which ensures you’ll never pay too much. In some cases we order a valuation of the property. Step 6 - Acquisition Strategy Now we’re getting to the pointy end of the process. Once we’re convinced the potential commercial property investment ticks all the boxes for your strategy, and it’s at an attractive price point to begin with, we negotiate with the agent on your behalf, using all our legal tricks of the trade, to ensure that you obtain the property for the lowest possible price. Once purchased, we oversee the conditions inserted in the contract to protect you all the way.
We provide considerable research, skill and due diligence to locate excellent performing commercial property.