Noreen Preston: Evolving a traditional leased offering into Flexible Spaces

05/07/2023

Show Notes

In this episode, Noreen and I sit down to discuss her remarkable journey with industrial and office space. Noreen shares her firsthand experience and the benefits of transforming traditional long-term leases into flexible multi-occupancy units.

More an more traditional landlords are now trying to work out how to respond to the continuing change of customer demand to more flexible and modern spaces. 

It’s fascinating to hear how she identified the rising local demand for smaller spaces and the advantages of providing a fixed monthly sum that covers utilities.

Noreen walks us through the process she undertook to convert larger units into smaller ones, and she excitedly relays the overwhelmingly positive response she received from her clients. We also discuss the challenges and benefits of working in with a family business.  

 

If you want to learn more about converting traditional space into modern Flexspace why not consider joining the group of commercial property investors such as Noreen, who are working, learning and supporting each other on the CPI Advanced Mastermind.

It is application only. Check out the details and how to apply:

https://commercialpropertyinvestor.co.uk/inner-circle-mastermind/

 

JOIN THE NETWORK

If you want to learn more about investing in Commercial Property why not consider joining the CPI Network? A community of active investors who collaborate, share experiences and empower each other in their Commercial Property endeavours.

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Property Investing, Commercial Real Estate, Strategies, CMO, Lease, Licence Agreement, Cashflow, Vacancy rates, Agents, Best Commercial property podcast, how to buy, Valuations, ROI, residential, assets, Flexspace, office space, How to get started: https://www.commercialpropertyinvestor.co.uk/

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