26.05.2023 Modular Buildings, Posts & News

Why are modular buildings a good investment?

modular buildings

At a time when UK organisations are experiencing increases in costs across many goods and services, businesses are having to think carefully about reviewing finances to remain profitable. Investing money in the right place has never been more important. So how can the modular building industry help? PF Modular can offer a great cost-effective alternative to traditional buildings, proving to be a great investment for many businesses.

Your business premises are one the most significant costs your organisation will have to consider. And there are many benefits to thinking about a modular building as your next property. As well as advantages like the speed of construction and sustainability, a modular building can provide many other positives to give you an excellent return on investment.

Modular office building

Modular buildings add value to your business.

There are many benefits to modular buildings, but let’s have a look at a few of the ways that this method of construction can increase the profitability of your company.

Variety

Modular buildings have a wide range of uses and come in any shape or size. The huge level of customisation comes down to the method in which they are built. As they are constructed through individual ‘modules’, this means that they can be configured exactly as your needs dictate.

From small buildings to large structures, modular buildings can accommodate any function you can think of. They can act as an extension to your existing facilities or an entirely new structure.

A modular building can offer a number of uses, some of which might take time to be obvious, so it is worth spending time thinking about what you need and whether a modular building can fulfil that need. The answer will probably be “yes”.

You can consider a modular building to house a shower block or changing room facility. Or you can think even bigger and look at modular buildings to create a complete multi-storey construction. The possibilities really are endless.

 

Flexibility

The versatility of modular buildings really helps businesses to make the most of their money. As we’ve mentioned, the structures can be turned into whatever you need them to be, but their flexibility doesn’t end there.

Because of the way that they are constructed, they can be adjusted and changed even after their initial installation. For example, after a couple of years, you may find that your working conditions have transformed, or you have a change in personnel that prompts you to reconsider the configuration of your space. If you have a modular building, you will find it very easy to change walls and partitions within the area. You’ll be able to change your space entirely. You can add additional offices or rooms or knock down walls to create a more open space. You can easily add in other facilities like kitchen or bathroom spaces or even down to adding in additional power points.

The flexibility doesn’t just end there. Suppose you decide to relocate your business to an entirely different location or even to a new space on the same site. This is completely possible with modular buildings. They can be easily disassembled and transported to a new location.

This flexibility prolongs the life of your building, which, in turn, adds to the longevity of your investment.

 

Choice of payment options

Many modular building companies offer different purchase options. You can purchase your building outright; then, the building is yours. Some companies, like PF Modular, can also help you source finance. Being able to gain access to competitive rates of interest will help bring down the monthly cost of your building.

You can also consider a hire option and lease your building. This gives you the flexibility to return the building if you no longer need it. This is particularly useful if you only need your facility for a short period of time.

It is also worth mentioning that many modular building companies will consider buying back your building if you own it. And some businesses sell their modular buildings on the private market when they no longer need them.

 

Return on Investment

There are many ways that costs can be reduced compared to traditional construction. From a more efficient production method to a quicker construction period and efficient running costs. All of this adds up to a smaller overall cost, which means that you’ll experience a much faster return on your investment.

Experience the great investment opportunities with modular buildings.

When you look at the advantages that modular buildings bring, it’s hard to ignore how they can provide a great investment for your company or organisation. With the savings you can experience with this method of construction, you can either enjoy the benefit of smaller overheads or have more flexibility to invest in other areas of your business.

PF Modular has a great range of modular buildings for sale, some of which are ready to go if you need something quickly. Alternatively, our design team can help you plan your whole project from the design through to the installation process. We’ll even help you look at your finance options.

If you’re ready to get going on your project or have any questions, get in touch with a member of our team today.

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