Renting Commercial Property in Liverpool
When it comes to the subject of renting commercial property in Liverpool, the stakes can be quite high. After all, you’re locking into an agreement which could involve high rents each month. This can make the whole ordeal of finding a commercial property to rent intimidating.
Thankfully, here at Lyons Estates, we have a very good understanding of this entire process. We’ve helped many clients find commercial property to rent in the Liverpool area. And we’re a local agency, so we understand the Merseyside property landscape extremely well.
With a booming economy, the Liverpool area is becoming an increasingly popular destination to rent commercial property. This is why finding the right property to rent could prove to pay dividends.
What Are the Most Common Commercial Properties for Rent in Liverpool?
The best aspect of Liverpool’s commercial rental scene is that there is huge diversity. We can see this because the following industries are the most popular within the Liverpool area:
- Tourism & hospitality
- Film & TV
- Business Services
These industries will need a wide range of commercial property types which will be in huge demand across the city, meaning that your business rental needs will most likely be met if you’re thinking of renting in Liverpool.
Important Points to Remember When Renting Commercial Property in Liverpool
Renting property for commercial use is a very popular option for many business owners in Liverpool. Renting offers a degree of flexibility and can allow businesses to gain entry to a premise quickly so they can operate as soon as possible.
When you decide to rent a commercial property in Liverpool there are a few important points to remember:
Match your Commercial Property to your Business
You know your business better than anyone else and you’ll have the expertise to figure out what type of commercial property will suit you. Due to the diversity of businesses in Liverpool, you’re spoilt for choice.
There are plenty of industrial sites which are suitable for renting warehouses and factory-type properties. The city centre is also very urban so it hosts a wide variety of office spaces including modern luxury settings, as well as older, more traditional spaces.
Also, keep in mind the location of the property you want to rent. A city centre location could offer great transport links for staff and Liverpool airport is also extremely close (less than 30 minutes).
Be Mindful of Costs
Costing is one of the most significant determining factors when it comes to renting commercial property. You’ll need to consider your budget and plan accordingly where it is best to situate your business from a financial standpoint.
We can help you do this as we have local knowledge and understand the price of property areas around the region. Our team can look at your budget and business needs and then use our expertise to get the perfect commercial property for you to rent.
We’ll also support you when it comes to other costs you may not be aware of e.g. land registry fees and legal fees.
Get the Right Contract for You and Your Business Needs
A lease is a legally binding document so you want to ensure the one you’re signing is the right one for you and your business. Before agreeing to a lease agreement you’ll need to know the following:
- Length of lease
- Rent and rent-free periods
- Service & maintenance changes
- Payment methods for bills
We will advise you on any other information you may need before you sign the dotted line.
Sign the Contract
Time to get the contract for your rented commercial property and sign it. Once we have looked over the final details of the contract with our experienced eyes, we will give you the go-ahead to sign the contract.
Is Renting Commercial Property in Liverpool a Good Idea?
At the current rate of investment, the commercial property market in Liverpool does not seem to be slowing down. As more and more investment rolls into the city, the appetite for commercial rental properties will only increase.
The city is fast turning into a northern powerhouse which is competing with other top cities in the UK. The commercial rental market within the Liverpool city region is one of the most vibrant and diverse in the UK so whatever your business is, Liverpool will have suitable property.
If you want to avoid the steep upfront cost and long-term commitment that comes with purchasing commercial property in Liverpool but still want to have a footprint here, then renting is the best choice for you.
LYONS ESTATES – COMMERCIAL ESTATE AGENTS IN LIVERPOOL
If you’re a business owner and are on the fence about renting commercial property in Liverpool then come talk with our team of local experts.
Renting commercial property can be a huge investment, so we ensure clients feel comfortable and at ease when going through the rental process.
Contact us today and we’ll be happy to get your commercial rental journey underway.