This depends on what’s available on the market, what you can afford and what your long-term plans are. If you rent your premises, you free up your capital for business development or personal needs; if you buy them, you can develop as you require, avoid rental increases, and treat the property as a long term investment. The property could also be used as security to raise finance. Your solicitor will talk through the pros and cons so you make the most appropriate choice.

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