Why Commercial Leasing in the UK is the Best Thing Since Sliced Bread

Are you a business owner in the UK looking for a new space to call your own? The decision to buy or lease a commercial property can be a tough one, but we're here to tell you that commercial leasing is the best thing since sliced bread.

Not convinced? Here are some of the top reasons why commercial leasing in the UK is the way to go:

Lower Upfront Costs Mean More Money in Your Pocket

We get it, running a business is expensive. But when you lease a commercial property, you usually only need to pay a security deposit upfront. That means more cash in your pocket to invest in your business, whether upgrading equipment or hiring new employees.

Flexibility is Key

Business needs can change in the blink of an eye, which is why commercial leasing offers the flexibility you need to adapt. Whether you plan on setting up over three years or are looking long-term as your business grows, you can choose the lease term that works best for you. Our typical leases are protected by the Landlord & Tenant Act 1954, which means you will have the security of tenure at the end of your lease term. And if your business needs change down the line, Towndoor will always work with you to find the best solution to aid your adaption.

Less Property Maintenance Headaches

Towndoor's typical lease offering is Internal Repairing & Insuring only, which means that we as the landlord are responsible for the building's shell and structure and the tenant is responsible for the internal fixtures. That means you can focus on running your business and leave the big property maintenance headaches to someone else.

Location, Location, Location

When it comes to business success, location is everything. And commercial leasing gives you access to prime locations that might be out of reach if you were to buy a property. Want to set up shop in a well-established and popular industrial estate? Commercial leasing makes it possible.

Tax Benefits? Yes, Please!

Who doesn't love a good tax break? When you lease a commercial property, you can deduct the cost of the lease as a business expense, which can help lower your tax bill. Additionally, you can often deduct other expenses associated with leasing, such as utilities and insurance premiums.

Greater Focus on Your Business

Owning a commercial property can be a significant distraction from running your business. You'll need to spend time and resources managing the property, dealing with the bank & financing, and handling external maintenance and repairs. When you lease, these responsibilities are typically handled by the landlord, allowing you to focus more on your core business.

In conclusion, commercial leasing in the UK is the best thing since sliced bread. With lower upfront costs, flexibility, fewer property maintenance responsibilities, access to prime locations, and tax benefits, commercial leasing offers everything you need to set up shop and thrive. So what are you waiting for? Get in touch with us today to see if we can help provide you with a commercial property solution!