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Why buy commercial property Norwich? There are all sorts of different reasons why people look at Norwich for their property investments, and there even more reasons why people look in general. Whether you’re looking for somewhere to invest in, somewhere to house your business, a development or a new career, it’s useful to know why you’re looking before you start. This will help you to come up with a list of requirements (both needs and wants), as well as a budget. While you can look at commercial property anywhere in the country, even anywhere in the world, Norwich is a popular choice because while it has much cheaper prices than you would expect in London, or somewhere closer to the capital, it’s still a big city with plenty of amenities and its own little charms. It’s also no more than two hours into London on the train, and is served by its own quiet airport. Before you get started, know your budget. Putting a cap on your spending (and a minimum as well), will help narrow your search, and with so much commercial property, Norwich can soon become overwhelming if you don’t. Remember when you look for commercial property Norwich is the only city in the area, but it isn’t the only place. There are plenty of built up areas in the Norfolk area more generally, so decide whether you want to be close to the centre or you want to save money by going slightly further afield. Keeping your options open is key. While you might think you’ve found the perfect option straight away, there will always be somewhere else. If it’s a little more than you wanted to pay, come in with a lower offer (lower than your top end so you don’t immediately have to pull out if you’re refused), but be prepared to walk away and start your search afresh. If you find one property out there which is perfect there are bound to be others as well. You’re in a stronger negotiating position if you’re prepared to walk away, and remember that the vendor can also pull out until you have exchanged and completed the sale. Remember to get an extensive structural survey. There’s nothing worse than when a building appears perfect to the casual eye, but after a few months all the problems begin to come out of the wood work. While commercial property in Norwich is cheaper than the capital, it’s still not cheap, so you don’t want to be making the wrong decisions! Joseph works for Oaktree Partnership, a commercial lettings agency in Norfolk. While he isn't working he enjoys blogging and writing articles on tips about choosing the perfect commercial property Norwich.
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