Warehouse for sale in Durban
How and why one would consider buying a warehouse
Many would purchase a warehouse as an investment opportunity or to store some stock or items that they do not have space for on site! Especially if it has several bays, that you could subdivide, this would make a secure purchase. Also when you buy the Warehouse for sale in Durban you may not use the whole space so it could be best if you rented the remaining space out to other businesses per square meter just to cover up costs.
Buying a warehouse is much like buying a home and you’ll often require a mortgage in order to afford to buy the property. It is advisable that one does thorough homework before actually securing a purchase, and it’s best to ask yourself the following questions:
- How much you would borrow for a mortgage?
- Can you make over payments?
- What will the term of mortgage be?
So how much space is required?
Just like any business you need to determine how much space you need for your warehouse.