Why is commercial property important?

When we think about commercial property, we typically think of shops and warehouses, but there are many more uses for commercial property, so why is it needed and why is it so important?

Well, the simple answer is without commercial property we would not have offices, cinemas, doctors’ surgeries, cinemas, warehouses etc. Commercial property plays a massive role in giving us many of the services and products we need to live our lives and stay well and healthy.

Commercial property isn’t just offices or warehouses in fact there are several classifications that help define the use of each of the commercial property spaces:

They can be generally categorised into:

  • Offices
  • Industrial
  • Medical
  • Retail
  • Leisure

And then further categorised into these subcategories:

  • A1 – Shops
  • A2 – Financial and property services
  • A3 – Food and drink
  • A4 - Drinking establishments
  • A5 – Hot food and takeaway
  • B1 – Business
  • B2 – General Industrial
  • B8 - Storage and Distribution
  • C1 – Hotels
  • C2 – residential Institutions
  • C3 – Dwellings
  • D1 – Non-residential Institutions
  • D2 – Assembly and leisure

So, you can see that without commercial properties we wouldn’t be able to live the lives we do, in fact they are so important that our lives would be completely different without them.

Commercial properties can also serve as investments and many individuals buy commercial properties to lease them out as an investment opportunity. With property management comes property maintenance as we’ve established, we can’t live without commercial properties, but we must consider how these commercial properties are maintained to provide the products and services we are all used to. 

If we stop and think about it for a minute, we take commercial properties for granted but have you ever stopped to think about the amount to wear and tear most commercial properties go through as many have high usage and very high footfall.

Let’s take a cinema as an example, a large cinema might show 10-20 films a day which would mean hundreds of people through its door on an hourly basis, imagine what it takes to keep that cinema in good order with that amount of use?

Here are some typical maintenance services that would be needed to keep your local cinema open and in good order:

  • Cleaning and carpeting
  • Air conditioning servicing
  • General building maintenance
  • Electrical breakdown / fixing / servicing
  • Plumbing services/toilets and food areas.
  • Outside landscaping
  • Dilapidation services

Typically, commercial property managers use commercial building and maintenance services to help keep commercial buildings in good order and open.

The Complete Property Group, based in Hampshire, provide a complete commercial property maintenance service and commercial building services. We have many years of experience in the property maintenance sector and provide a service that is professional and responsive.

If you need commercial property services or commercial maintenance services, or indeed any type of commercial building services contact The Complete Property Group, who can help throughout Hampshire and the Southeast.

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