Two benefits of painting your commercial premises before putting them up for sale

Here are a couple of benefits of painting your commercial premises before putting them up for sale.

It could attract more businesspeople who are in the market for new premises

When businesspeople look for premises to purchase, with the aim of running their enterprise on that property, they're usually very keen to choose premises that will enable them to keep their set-up costs low and to launch their business quickly. If they buy a piece of commercial real estate whose exterior and interior haven't been painted for several years, it will mean that they'll then not only have to pay a team of painters to repaint both the inside and outside of the building (to ensure their premises looks presentable when they start running their enterprise) but will also have to delay the launch of their business until the painting is done and the paint fumes have evaporated.

Because of this, you're likely to attract a larger number of businesspeople who are interested in purchasing your premises, if you have it painted first. Whilst this will mean that you'll be incurring the redecorating costs, doing this might potentially result in multiple business owners bidding on the property, instead of just one. This could then give you a better chance of selling the premises at the asking price or for even more than the asking price if these people start a bidding war.

It will allow you to remove all remaining signs of your own brand (or the previous occupant's business brand)

Another advantage of painting this piece of commercial real estate before selling it is that it will allow you to remove any trace of your own business brand colours (or the brand colours of the previous occupant). If for example, your brand featured a mint blue colour and you painted several of the walls this shade or had your logo painted onto the walls in this hue, then painting over these areas prior to selling the premises could help you to close the sale faster.

The reason for this is that if the premises are painted a neutral shade and the walls don't feature any old logos or other branding-related designs, it will be a lot easier for businesspeople who are interested in the premises to visualise how their own brand's aesthetic could look in this building. If they can do this much more easily in your neutrally-decorated premises with, for example, its plain cream-coloured walls, than they can in the much more heavily-branded, colourful commercial property down the street, then there's a greater chance that they'll choose to make an offer on your premises.

For more information, contact a company like Build it up Melbourne.


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