Market for improved premise for training and education of all kinds

There are so many empty unimproved premises for an entrepreneur to rent for improving relevant(renovate and outfit) to their business needs. This however limits the chance to be an industry specific skill based entrepreneur to the very brave or the deep pocketed. In the current times this limits the qualified candidates to the property investor. This however does not eliminate the possibility for the freelancer of the skill worker/entrepreneur, as those in the industry of their choice will also find many contracted arrangements for consultants in exercise studios, music studios, dance, tuition and many skill based businesses. Even hospitals have this arrangement available to their doctors and call them consultants.

Today there are newer options where facilities prepared by the industry offering their access capacity to other skill owners for a percentage or an out right rental for the use of the improved facilities. For most it is run by entrepreneurs that they themselves have the skills but require access to more for variety or sustainability with profitability. (not necessarily so that both sustainability will be profitable nor profitability will be sustainable.) or persons whom have been in the supporting element of the industry in question.

However today there is an element for even property owners to differentiate themselves and prepare their facilities for those kinds of businesses to be rented out in whole, or to involve themselves in the business to sell capacity and facilities. This model though more taxing to the investor has an increased level for the investor to ensure that their property will be maintained. Reason is that they will retain access to the premise and facilities, thereby enabling quick remedial action when failure occurs.

Risk is that if you choose the wrong industry to serve for your location or do not prepare in the manner that is preferred then your investment may go to waste. A safer way to it? Try to engage with an existing operator in that industry to be your tenant and renovate according to their needs then up value pricing accordingly. Else go into a partnership with an existing operator in that industry.

Leave a Reply