Buying an office building in Burgess Hill can be an expensive option in the short term as you will have to finance the purchase either using business capital or through a lender.  You will be fully responsible for all costs for the building both to buy it as well as maintain it.  Buying office space in Burgess can be a good option if the following criteria are met:

  • You have spare capital that could not otherwise be used
  • You have certainty over the size of office required in the long term
  • You have specialist requirements that may require your office to be adapted

The advantages of purchasing an office in Burgess Hill include:

  • You have control over your space, subject to planning and other legislation you would be able to design and develop your building as you wish
  • The building can be branded and adapted to suit your needs.
  • You can control when maintenance work is carried out.

The disadvantages of buying an office building in Burgess Hill include:

  • High up front costs, purchase costs, stamp duty, VAT (on some buildings), legal costs and surveys etc.
  • Limited flexibility if your business outgrows the space or hits leaner times and downsizing is needed
  • Business rates, depending on the size of the building and your business, can amount to a significant amount of money each year
  • Maintenance and servicing your offices are all your own costs to bear.