Blog Layout

Should you buy a building for your business?

Anna Stubbs • February 5, 2025

Tired of paying rent for your commercial premises and considering buying a premises for your business?



Owning a building works best if your business is well-established, you have money to invest, and you’re taking a long-term approach – it can take many years for this decision to pay for itself.

The advantages of owning a commercial property

  • You no longer need to worry about dealing with a landlord. You’re the landlord now, so your lease won’t end and you get to make all the decisions about how the premises is used. If you want to make changes to the fitout, it’s up to you.
  • You don’t have to worry about rising rent. Eventually, owning a premises will be cheaper than leasing. When you continue leasing, you can expect the rent to keep going up – sometimes the jump may be substantial.
  • If your business moves or closes, you still own the building. This can be a highly valuable long-term asset, depending on the type of building and the potential tenants.


The advantages of leasing your business premises

  • Leasing gives you more flexibility. You can move if your business gets too big for the space, or downsize if more people are working from home.
  • You don’t have to worry about paying building expenses like rates, warrants of fitness, and insurance.
  • Your rent is likely to be lower than the servicing costs for a commercial property loan, boosting cashflow so you have more to invest in the growth of the business.
  • The landlord will take care of repairs and maintenance on your building – when there’s a leak, for example, it’s not your problem.
  • Commercial buildings are typically expensive and financing is costly, so you’ll need to do plenty of research before you decide to make a purchase.


We can run a cost-benefit analysis

Could buying a building be the right choice for your business? We can work with you to analyse the costs and benefits of each option, to help you make an informed decision about which one will put you on track to achieve your goals.


Get in touch today, we’d love to hear from you.


By Anna Stubbs February 25, 2025
If you’re involved in UK farming, the recent changes to inheritance tax (IHT) won’t have escaped your notice. There have been protests from the farming community and big questions about how these IHT amendments will affect the industry.  But what are these IHT changes? And is your farming business likely to be affected?
By Anna Stubbs February 25, 2025
If you've ever found yourself tangled in a web of cloud software issues, you're not alone. Many SMBs dive into new tools hoping for miracles, only to find themselves stuck in a cycle of frustration and confusion. But what if the solution lies not in throwing money at more software but in asking the right questions? Enter the SPIN Selling framework—Neil Rackham’s 1988 method for uncovering customer needs—and let’s give it a cloud-software twist.  SPIN stands for Situation, Problem, Implication, and Need-Payoff , and it’s a roadmap for cutting through the noise to find real solutions. Let’s see how this approach can help you tackle cloud software issues head-on.
By Anna Stubbs February 25, 2025
Podcasts are often on our list of things to do, but for many business owners, there are often not enough hours in the day. The recent challenges and changes in business mean it's the perfect time to make the opportunity to think about where you want your business to head in the future.
Share by: