Frequently Asked Questions – Commercial Estate Agents

What does a commercial estate agents do?

A commercial estate agent helps clients buy, sell, let, and manage non-residential properties such as shops, offices, warehouses, and industrial units. They also provide valuations, investment advice, and property management services for landlords and businesses.

What types of commercial properties do you handle?

We deal with a wide range of commercial properties, including:

• Offices

• Retail shops

• Industrial units and warehouses

• Development land

• Mixed-use properties

• Investment properties

Do I need a commercial agent to lease my property?

While not legally required, using a commercial estate agent ensures your property is marketed effectively, priced accurately, and leased to reliable tenants under legally compliant terms. Agents can also minimise void periods and negotiate better deals.

How is commercial property valued?

Commercial property valuation typically considers factors like rental income potential, location, size, condition, market demand, and comparable sales or lettings in the area. A formal valuation or RICS Red Book valuation may be required for lending or legal purposes.

What are business rates and who pays them?

Business rates are taxes paid on non-residential properties to local councils. In most cases, the tenant is responsible for paying them, unless stated otherwise in the lease agreement.

What fees do commercial estate agents charge?

Fees vary depending on the service. Sales and lettings usually involve a percentage commission based on the transaction value, while property management may involve a monthly fee or percentage of rental income. We provide clear, transparent quotes upfront.

How long does it take to sell or let a commercial property?

This depends on market conditions, property type, and asking price. On average, a commercial letting may take 1–3 months, while a sale may take 3–6 months. Our team works proactively to speed up the process.

Do you offer commercial property management?

Yes, we offer full-service commercial property management – from rent collection and tenant liaison to maintenance and compliance. This helps landlords save time, reduce risk, and protect their investment.

What is a commercial lease and how does it differ from residential?

A commercial lease is a legal agreement between a landlord and business tenant outlining terms for using a commercial property. Unlike residential leases, commercial leases are longer, more flexible, and often include service charges, rent reviews, and repair obligations.

Can you help with commercial property investment advise?

Absolutely. We assist investors in identifying opportunities, conducting due diligence, and maximising returns. Whether you’re looking for long-term capital growth or short-term rental yields, we tailor advice to your strategy.

Do you cover properties outside Hull and East Yorkshire?

Yes, while we’re based in Hull, we also operate across East Yorkshire and surrounding areas including Beverley, Hessle, Grimsby, Scunthorpe, Doncaster, and more.