We make New Year’s resolutions for ourselves, but how about a new year’s resolution for your commercial property? This checklist will make sure you start the year off right!
Whether you own a restaurant, a hotel, or a medical facility, it is crucial to maintain your commercial property and display a professional image. Deciding to improve the look of your space by either knocking down walls, building an addition, or updating what’s already there, can benefit you, your clients, potential buyers, and ultimately your property as a whole. Now take whatever’s been on your mind this year –the stuffy corridor, a broken sign, that terrible paint job – and fix it!
Keeping up with the cleanliness and condition of your property is crucial. From general cleaning to carpentry, finding ways to maintain your property will provide tenants and clients – present and future – with satisfaction and peace of mind. “Never judge a book by its cover” doesn’t apply to commercial properties; the more attractive your space looks, the more people will invest in you. This new year, focus on the nitty-gritty and guarantee that your property continues to run efficiently and looks presentable.
Whether it’s taking out a wall or extending your space, renovating can breathe life into your commercial property and there are ways to do it while staying open. Bringing an attractive new look to your property may increase the customer-flow, increase the property value, and provide your staff with a respectable workspace. It is possible to do some simpler renovations yourself, but bringing in a contractor for a quick evaluation is never a bad idea.
In order to increase your property’s value over time, you may want to consider installing some new amenities. Like a new paint job, adding stainless steel appliances, an outdoor deck, or new flooring will attract new clients and tenants, as well as add to an overall increased payout. This decision goes with renovating and if you plan ahead, it may make sense to do multiple jobs at once. For example, if you decide to take out a wall and open up your space, it would be a good time to redo the floors, covering up potential cracks and gaps.