Points to keep in mind while looking for Land for Office Purpose
Office space is a place where we spend most of our time. So office space should be very good, whether you construct it on your own or you buy ready to move office space. Whenever you think of buying an office or buying land to construct your office there are several things to keep in mind for the optimal result and a safe, valuable & appropriate purchase.
Points to Keep in mind while planning to buy land for Office Purpose
You should be clear about the area of the land (how many square yards or meters) you require to construct your office.
You must look for a land that is approved by the government for commercial use to avoid any problems in future.
The most important thing while buying any land is the clear title. It should be checked that there are no previous agreements or disputes on the land.
While buying a land for the office, future expansion be also kept in mind. There should some space where required expansion can be done in the already constructed area without much difficulty.
The market of the area where you want to purchase land / office, must be suitable for the type of work you will be doing. If you are purchasing a constructed office, you must look for the quality of construction and design of the building according to your requirement.
Easy availability of grocery, milk and other required things is always a plus point as a pantry is often required in an office.
It should be checked if the electricity connection is already taken and if not it is easy to obtain one.
Regular supply of water may also be ensured and good drainage system and easy disposal of garbage is available on / nearby site.
While constructing an office, number and size of work stations, cabins, bathrooms and pantry according to your staff must be kept in mind before starting the construction. It will optimize the use of your land and help in minimising your cost.
A sufficient place for parking for the vehicles of the staff as well as the visitors should be available in the office premises.
Availability of easy transportation for the staff and visitors is a plus point for any office. If you are looking for an office on rent, make a budget for everything and then decide how much you can pay for rent for the office after deducting all the expenses of the business like salaries, water & electricity bills, stationary etc. and keeping a little profit for yourself.
If you setup your office in a rented building and it runs successfully for a long time, changing the place will affect your business. It will be better to purchase the land and building rather than paying rent for a long long period. Therefore it should be kept in mind that the place you are about to rent it can be purchased later if required.
When you think of buying commercial land you must be clear about the required area as to how many square yards / square meters of land is required for the business / any other work you are planning to establish or how much money you are willing to invest for a long period of time. You should know about the DLC rate of the area in which you want to buy commercial land so that you can manage or arrange funds accordingly. You should do research that who owned the land before and what kind of business was established there. The reason for the last owner to sell the land is also equally important. If the reason of selling the land can harm your business or affect negatively the growth of your business, it should be accounted for before buying the land.