Options

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Not all businesses are created equal, and Covid has highlighted that more than anything else in recent history. As an industrial landlord, you have options. I have had owners call me, worried that their tenants under-performance in paying rent or constant need for rent relief has hugely affected the value of their properties. Some of these clients are elderly, and many are hardworking, modest retirees who rely on their rental income to survive. In the current market, for small-medium-sized properties, purchasers are buying properties on the value of the land and buildings and, in many cases, are disregarding current lease terms in favour of getting their foot on an opportunity. Being an industrial landlord has been considered to be an easy way to earn an income with minimal risk. There is more risk now than before, but for those with lower risk appetites, the flipside is that you can still get top dollar for your property if the time is right to part with it.

As always, feel free to give us a call to talk through your situation. No obligation, no judgement, just some insight.