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Sale Price : £90,000
Size: 1296 sq ft120 sqm

For Sale/To Let - Retail unit located on Union Street Accrington.The subject property is sit...

Last Updated: May 13, 2024

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Analysing your commercial investment in Accrington

Searching for the perfect commercial investment property in Accrington will require informed and intelligent decision making. Any commercial property investment you consider in Accrington should be evaluated with the right research to ensure future success. Remember to take your time, there is no rush when searching for an investment property in Accrington, it's important that you make the correct decision.

Considerations when buying an investment property in Accrington to let

If you are buying an investment property to let in Accrington, there are various important things to consider, such as effectively managing your tenants and maintaining your property. It will be your duty to collect the rent on and agreed date each month. Additionally, you will need to ensure that the property is safe for the tenant, so regular gas safety checks must be carried out.

Benefits of investing in commercial property in Accrington

If you're considering buying a commercial property in Accrington as an investment, you may already be aware of the benefits this could bring. For example, you may wish to add to the value of the commercial property in Accrington through renovation and improvement. Of course, if later down the road if you come to sell you could be able to make a nice profit on your property in Accrington.

Investment property events in Accrington

Networking events in Accrington held by property investors may be a great way to get more knowledge in the subject. You will have the chance to speak to people who have experience of investing in commercial properties in Accrington, similar to what you are looking at. If networking is not your thing, you should definitely consider giving it a go regardless, it could lead you to your perfect investment property in Accrington.

Financing your commercial property investment in Accrington

Depending on your current financial situation, you may require additional funding for an investment property in Accrington your looking at. A commercial mortgage is an option available to you, although it's worth noting they typically have higher interest rates than a residential mortgage. Finding an investment property in Accrington is just the first step, and if you do require further financing be sure to shop around.

Commercial property investment regulations and constraints

While searching for a potential commercial investment property in Accrington, it's worth thinking about the potential constraints you might face. Commercial loans for example are different than loans for residential properties, there is typically no personal liability involved with a commercial loan. Before purchasing a commercial investment property in Accrington, always ensure you have some expert advise on these topics.

Extensive range of commercial property available for investment in Accrington

Buying a property for investment, means that you first might want to consider the different choices in Accrington that are available. An office might be the investment your searching for in Accrington. You might however be considering a plot of land in a prime location as a potential investment opportunity. Whichever type of investment property your looking for in Accrington, MOVEHUT is confident we can make it go like clockwork.




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