The Business Bulletin Issue #13 - Focus On Finance

Page 6

The Business Bulletin

So, why should I purchase my own commercial premises? So many of us own

It’s commonly said that in the UK

our own residential

contrast with our European friends

property but so few own the freehold premises which our business trades from!

6 | Issue 13 – Finance | 6

we are a nation of homeowners, in who prefer generally to rent their homes. Despite this, a vast majority

The reality is that there are many benefits to renting your premises. These include: ■ The ability to leave the

of business owners either trade from

premises if required due to the

home or, if they do require offices or

business folding, outgrowing

a factory, either prefer to rent their

the premises due to a business

premises on commercial terms or

expansion or a disagreement

don’t understand the benefits of

with the landlord. Most

property ownership.

commercial leases have break


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