Recently, a lot of business owners are wondering if upgrading to Fibre to the Premises (FTTP) can make their property more attractive to buyers, and if so, by how much. Well, that's where Town & Country Communications comes in! We've installed fibre systems in all sorts of commercial spaces, and we've seen firsthand the value it brings -- both for day-to-day operations and when it's time to sell.
So, what exactly is FTTP? Why would potential buyers care about it? And how much extra value can you expect it to add to your property? Let's break it down!
What is Fibre to the Premises (FTTP)?
FTTP is a type of internet connection that uses fibre optic cables to deliver data directly to your business. This is different from traditional internet connections that use copper cables. Fibre optic cables transmit data as light pulses, which travel much faster than electrical signals over copper cables. This allows FTTP to provide much faster and more reliable internet speeds than traditional options.
Why will FTTP add value to your property?
Businesses rely on the internet to stay ahead of the curve, so the prospect of a fast, reliable connection is a major draw - something that FTTP technology can absolutely provide. Here's what makes it such a benefit:
- Speed: The faster download and upload speeds offered by FTTP allow staff to transfer files, access cloud storage, and use other online services much more efficiently. This translates to major productivity gains for the business.
- Reliability: The reliability of FTTP is also a crucial advantage. With a lower risk of unexpected internet outages, employees can work without interruption, avoiding disruptions to important VoIP calls or the potential loss of existing work.
- Future-proofing: FTTP is capable of meeting the growing bandwidth demands of businesses over time. This means that your property will remain attractive, even if you don't plan to sell up in the near future.
How much value will FTTP add to your property?
FTTP is a surefire way to attract potential buyers, but how much value does it actually add to your property? Well, there's no hard-and-fast answer to this - it all depends on the size and location of your property, along with other factors. However, we can look at a 2021 government review for a benchmark.
The study found that having superfast or FTTP broadband added around £3,500 to the value of a residential property. And since commercial buildings tend to be larger than homes, and fast, reliable internet is even more crucial for businesses, the added value for commercial properties is likely to be even higher!
Unlock the full potential of your business with Fibre to the Premises from Town & Country
Now that you understand the extra value FTTP can bring to your commercial property, it's time to find the right IT experts to get it installed. Luckily, you've come to the perfect place!
Town & Country Communications have over 30 years of experience delivering top-level broadband solutions to businesses across Dorset, Hampshire, and Wiltshire. We'll handle every aspect of your FTTP broadband installation, from designing a system tailored to your company's needs to providing ongoing support post-installation. Not only will you see increased property values down the line, but you'll enjoy the benefits of blazing-fast, ultra-reliable internet right away!
Don't wait to unlock the competitive edge that FTTP offers. Book a free consultation online or call us 01202 514444, and let us design a solution that propels your business forward!
