Modern commercial real estate market in Nizhny Novgorod: features and nuances
Nizhny Novgorod is a city with great potential and a developed business activity. In this regard, the commercial real estate market here is quite strongly developed and continues to expand rapidly: new trading floors are constantly opening, office buildings and storage facilities are being built.
Thus, the lease of commercial real estate is a relevant solution for small and medium businesses. Every entrepreneur can choose the best option that fully meets the requirements of a particular industry. This may be a modern office in a new business center in the city center, a remote warehouse on the outskirts, an attractive marketplace with multi-level lighting or a catering service with installed equipment.Opportunities for buying / renting are truly unlimited.
What you need to know about commercial real estate in Nizhny Novgorod?
First of all, acquiring an object, you should focus on the type of business. For example, an office is useful for communicating with clients, negotiating with partners and accommodating employees. Warehouse and marketplace - the need, if you plan to store the sale of any product or resource base.
The office is conveniently located near metro stations, in places with good transport links. In turn, the shopping area is simply obliged to attract attention: the optimal location is the central part of the city with the highest traffic. For the warehouse, the most important role is played by convenient accessibility, the presence of a railway line, proximity to railway stations and the river port.
The advantages of renting property for business purposes
Renting a commercial object makes sense if the business is at the initial stage of development and is only gaining momentum. It has its undeniable advantages.
- "Mobility" business. At any time, you can change the site by moving to a more advantageous place: a change in the geographical position of the trade zone, for example, can have a positive effect on the development of the business.
- Efficiency.Renting a commercial property is easier and faster than buying a room. If it takes a week to sign a lease agreement (5 days of which the agent will look for a suitable object), then the purchase will take at least a month.
- No need for major investments. Finally, the main advantage of a lease for a start-up entrepreneur is the opportunity to start a commercial activity with minimal investment. For example, the minimum rent for an office with an area of 32.00 m² will be only about 19,000 rubles per month, while the acquisition of the same room will cost several hundred thousand rubles.
In addition, tenants are spared the need to resolve issues with capital repairs, resource supply authorities and from paying property taxes.
Pros from buying commercial real estate
Despite the benefits of renting a commercial facility, its purchase can bring no less advantages. For example, the acquisition of real estate will be suitable for entrepreneurs and companies who strive for maximum independence of their business. In addition, a private room in the future can be leased, receiving passive income.
Given all the nuances, constantly studying the real estate market of Nizhny Novgorod, everyone can create optimal conditions for the development of their own business.