Commercial Property: Renting vs Buying

Commercial Property: Renting vs Buying

  • 18th June 2020

Searching for your new business headquarters can be a really tough task – there’s far more to the process than might originally meets the eye, with lots of different factors to consider. One of the major dilemmas faced with the age-old argument of ‘rental vs buying’. Find out the benefits associated with renting your commercial spaces below!

For new businesses, the first few months are make or break – that’s just life in the cut-throat business world. Things can either go one of two ways; it doesn’t work out, or your business booms and grows rapidly! If your business accelerates in growth, you’ll need to make sure that you’ve got a location that’s ready to grow at the same rate, such as those available at RTC Business Park. Our versatile office spaces provide everything you could need both now and in the future, with lots of scope to expand in line with your company’s needs, however in premises that you have bought outright, you may be faced with costly building work to alter the space to suit your growing requirements.

Our second pro-point on the side of renting is the inclusion of maintenance – a costly overhead that is often an afterthought when it comes to selecting company premises. At RTC Business Park, you’ll feel the benefits of a 24-hour, 7-day-a-week security staff, a large car parking, shared reception areas, and utilities and heating included within the price – there’s nothing you need to worry about! You’ll even have access to on-site catering too, which cuts out those annoying lunchtime supermarket sweeps we’re all far too accustomed to.

Purchasing your own premises can massively limit the options that are available to you when it comes to location, meaning you could end up stuck with a space that’s tough to get to or that’s difficult to operate from. When renting, you have a huge range of office spaces available, so you have huge scope for selecting the location that best suits you, your staff, and the business as a whole!

Finding office space in Derby is an intuitive choice – you’ll get a great central location with fantastic connections to London, Manchester, Birmingham, and beyond, as well as a bright young workforce thanks to the fantastic university located in the city. RTC is also well served by public transport routes too, so your location won’t be a deterrent for staff who don’t drive.