Leasing a property is very advantageous in many terms like :
Location
In certain markets, more properties are available to lease than to purchase, so leasing provides businesses with more options. Leasing may also enable users to occupy spaces in locations where they couldn’t afford to buy property.
Flexibility
Leasing can provide greater flexibility to users who may need to contract, expand or relocate in the future. There is always room for exploring new and better alternatives.
Availability of cash
Leasing typically requires less cash out of pocket than buying. Businesses that lease may have more available funds to invest in the company’s products/services or establish additional locations.
Source of financing
Some small firms that struggle to obtain traditional financing may benefit from leasing since it can be viewed as a source of financing.
Stability of costs
The long-term occupancy costs of leasing are typically simple to estimate. Tenants are generally insulated from unforeseen capital costs that come from upgrading mechanical systems, repairing the property structure or replacing the roof.
