We Buy Modular Too
The advantages of investing in a modular building are many. Offering versatility, flexibility, value for money and high quality, they can also be swiftly and cleanly constructed. But what happens when you no longer need your modular building?
The good news is high quality modular buildings retain a good resale value, with many firms eager and willing to buy. If you’re interested in finding out more about how to sell your modular building, read our following tips.
A Buoyant Market
The high quality construction of many modular buildings means that today the resale market remains strong. In fact, the demand for buildings of all styles and sizes, including those that are single or double storey, means that you could find yourself with a number of options when the time comes to sell your modular building. With so much potential competition, companies will vie to provide you with a hassle-free service that minimises disruption to your business.
The Selling Process
Obtaining an Evaluation
If you decide to sell your modular building, it’s a good idea to obtain a number of evaluations from different potential buyers. The good news is that most companies will offer to provide a free on-site visit to wherever you are in the United Kingdom. During this visit, they will conduct a full site survey that includes a free building evaluation. After the visit, if a company is interested in purchasing your building, they will then send you a purchase offer in writing.
After hopefully receiving a number of offers from interested firms, you will then have to decide which company to sell your modular building to. One thing to consider apart from the price offered is payment terms. A good company will often offer to pay a deposit once you have agreed to the sale, with the remaining balance due once your modular building has been removed. So be clear about the size of deposit offered and how long it will take for the remaining balance to be paid.
Removing your Modular Building
After accepting an offer, the company purchasing your modular building should provide you with health and safety documentation related to the buildings removal. It is important to take this seriously. Under CDM legislation, the dismantling of your modular building is classified as a demolition, and you will remain legally responsible to ensure that this work is done safely and in compliance with all health and safety regulations. Look for a company that has a strong safety record and that takes health and safety seriously.
If you would like to learn more about modular buildings, contact us at Portable Facilities. We have been providing high quality portable buildings since 2005.