Below is important information and documentation that will assist you in the sale process of an industrial/commercial property. It is recommended that you also seek legal advice as to further information that may be required.
The following documentation will assist you in your sale:
- Contract for Sale
- Council approval for alterations
- Water rates
- Council
- Building certificate
- Personal guarantee or directors guarantee for lease if relevant
- Pest inspection if at hand
- Building inspection if at hand
- Lease
- Proof of rental payments
- Council approval for purpose of use
- Land tax (if applicable)
- Insurance certificates
You will need to know the following information:
- Zoning
- Tenancy - length left on lease, terms and conditions
- If not tenanted likely rental
- Is the property purpose built ie pre-school?
- Is the property freehold?
- Investment yield
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