Investing In Commercial Property
Compared to residential property investments, commercial property offers some key advantages: Long-term secure cashflow -- Commercial lets normally have long lease contracts, with periods of 10 years and more not being uncommon. In addition to this, commercial property tenants are less likely to default on payments and even if the tenant goes into liquidation, the liquidator may continue paying the rent in order to stop the lease being forfeited. Maintenance -- Commercial tenants are generally liable for the maintenance and upkeep of the property, contrasting with ......