From Drab to Fab: How a Landlord Can Use a Commercial Refurbishment to Increase Property Value and Tenant Appeal

For commercial landlords, a vacant property represents a significant loss of income. A strategic refurbishment is not an expense but a powerful investment that can attract higher-quality tenants, command premium rents, and significantly increase the capital value of the asset.

The goal is to make the space as attractive and flexible as possible to a modern business. Key moves include:

• Creating a striking entrance and reception area to make a strong first impression.

• Upgrading the building’s infrastructure, particularly high-speed fibre internet and efficient HVAC systems, which are top priorities for tenants.

• Introducing modern, Cat A+ specifications with features like LED lighting, suspended ceilings, and raised floors, reducing the tenant’s fit-out cost and time.

• Enhancing shared amenities, such as cycle storage, shower facilities, and modern communal break-out spaces.

  
  

By presenting a modern, move-in-ready space that meets contemporary demands, a landlord can reduce void periods, secure a longer lease, and ultimately achieve a higher valuation based on the increased rental income.