At any given time there is opportunity within the property market, and for those involved the challenge is to find the opportunity that addresses their business or personal needs, according to Peter Lyons of Lyons auctioneers ltd.
In today’s market budding entrepreneurs have the possibility of renting or buying their first premises at prices that allow them to take their first step in a new business adventure and give them a better chance of long term success.
The cost of renting or buying premises for any business or professional is a major expense item, and the stabilisation of prices in the recent past has been a welcome relief for businesses.
In many businesses the current market can be an opportunity to upsize or downsize, depending on what stage they are at in their business cycle. As of now there is an excess capacity in the market and this is an opportune time to use this capacity for the benefit of your business.
Moving from a small, confined, premises which is restricting the growth of your business to more modern, spacious, premises can bring a new life and greater potential at a competitive price; on the other hand if you need to downsize for any reason the availability of a variety of premises can facilitate a smooth transition to a more controlled environment.
In recent times the company has leased a number of offices and shops to young professionals who see an opportunity for a start and to grow new businesses in competitive times.
The main focus of the company business is the leasing and management of warehouse storage and industrial property, and it is reporting a steady demand for units in the 3,000 to 5,000sq ft range with smaller units being slower on the take-up. Lyons expects demand for starter units to increase over time as new businesses are being created in greater numbers.
The company is currently offering a number of competitively priced units at Westlink Commercial Park in Oranmore, and some larger logistics units in locations in Dublin.
It is clear that there is opportunity in the current market, and probably better opportunity than there has been for a long time.
For details contact Lyons auctioneers ltd on (091 ) 563177 or (087 ) 2594943.
