A well-planned refurbishment can significantly boost the value and profitability of a commercial property. Whether you’re upgrading an office, retail unit, or public house in Southampton, improvements in layout, efficiency, and appearance can yield impressive returns.
The Financial Impact of Refurbishment
According to UK property market data, a professional refurbishment can increase a commercial property’s value by 10% to 25%, depending on scale and quality.
Examples:
- Upgraded office spaces in Southampton City Centre have seen rent increases of up to 20%.
- Retail units in Winchester and Fareham reported quicker tenant uptake after refurbishment.
Key Value-Boosting Upgrades
- Energy Efficiency Improvements
- LED lighting
- Smart heating systems
- Insulation upgrades
- Solar energy integration
- Modernised Interiors
- Updated flooring, ceilings, and lighting
- Open-plan designs for flexibility
- Improved Facilities
- Modern restrooms, kitchens, and breakout areas
- Accessibility enhancements
- Exterior Enhancements
- New signage and façades
- Landscaping for kerb appeal
ROI Example
An office building in Shirley, Southampton, underwent a £120,000 refurbishment including energy upgrades and layout changes. The result:
- 18% rent increase
- 25% rise in market valuation
- Payback within 3 years
Conclusion
A strategic refurbishment not only increases your property’s value but also attracts higher-quality tenants and reduces long-term maintenance costs. To find out how much value your refurbishment could add, contact Commercial Refurbishment Southampton today.
