How to Improve the Outlook of an Old Building for Business Purposes in Nigeria by Dennis Isong | Prestige Real Estate News

In Nigeria, many businesses are housed in older buildings due to their affordability, strategic location, or historical value. However, these buildings often require significant upgrades to be visually appealing and functional for modern commercial purposes. Revamping an old building can greatly improve its commercial viability, attract tenants or customers, and boost business operations.

Improving the outlook of an old building doesn’t always require a full-scale renovation; strategic enhancements can offer significant improvements. In this article, we will discuss practical steps to improve the aesthetics and functionality of an old building for business purposes in Nigeria.

1. Do a Building Assessment

Before embarking on any improvement project, a thorough assessment of the building’s current state is essential. This evaluation should cover both the exterior and interior, identifying areas that need repair or replacement.

Ensure the building is structurally sound. Look for cracks, water damage, or foundation problems. Consult a structural engineer if necessary.

Outdated wiring or plumbing can be hazardous. Have professionals inspect these systems and update them to meet modern safety standards.

Consider how the building’s design, façade, and layout affect its appearance. Does it look old and outdated? Could minor cosmetic changes make a significant difference?

Once the assessment is complete, prioritize repairs based on necessity and budget.

2. Enhance the Façade

The exterior of the building is the first thing customers or tenants see, and its condition can impact first impressions. Improving the façade should be a key focus in your project to modernize the building. In Nigeria’s competitive business environment, a visually appealing exterior can make a huge difference in attracting clients.

One of the simplest and most effective ways to improve the outlook of an old building is through a fresh coat of paint. Opt for modern, neutral colors that suit the business type. Vibrant accents can add character and appeal.

Outdated or damaged windows and doors can make a building look dilapidated. Install modern glass windows and sleek doors that complement the new look.

Invest in modern, high-quality signage. Ensure it is visible, well-lit, and reflects the brand image.

A well-maintained lawn, trees, or flower beds can enhance the curb appeal of your building. Consider adding potted plants or small garden areas, especially in urban areas where green spaces are scarce.

3. Modernize the Interior Design

Once you’ve addressed the building’s exterior, focus on transforming the interior to meet the needs of modern businesses. Outdated layouts or designs can deter potential tenants or customers, especially in sectors like retail, hospitality, or offices.

Many modern businesses prefer open, flexible spaces. If possible, remove unnecessary partitions or walls to create an open, airy environment.

Upgrade old lighting systems to energy-efficient LED lights. A combination of natural and artificial lighting enhances visibility and can make a space feel larger.

Use modern furniture that is functional and aesthetically pleasing. Opt for ergonomic chairs and sleek desks if you’re creating an office space. The décor should also reflect the brand and business type.

Old, worn-out flooring can diminish the building’s appeal. Consider replacing it with durable, stylish options like polished concrete, laminate, or tile.

In Nigeria’s hot climate, proper ventilation and air conditioning are essential for creating a comfortable business environment. Ensure that HVAC systems are in good condition or upgrade them if necessary.

4. Upgrade Energy Efficiency

Energy costs in Nigeria can be a significant expense for businesses, especially when dealing with older buildings that were not designed with modern energy-efficiency standards. Upgrading the building’s energy efficiency not only reduces operational costs but also makes the property more attractive to eco-conscious tenants.

Proper insulation can significantly reduce the need for excessive air conditioning. Install insulation in the roof, walls, and floors to regulate indoor temperatures.

Consider installing solar panels to supplement electricity supply, reducing dependency on the grid. Solar energy is becoming increasingly popular in Nigeria as a way to offset high electricity costs.

Use double-glazed windows to minimize heat loss and reduce the need for constant air conditioning.

Installing smart thermostats allows tenants to control the temperature more efficiently, reducing energy waste.

5. Improve Accessibility

Accessibility is a crucial factor when improving an old building for business purposes. Ensuring that your property is accessible to everyone, including those with disabilities, broadens its market appeal and complies with legal requirements.

Ensure the building has wide, accessible entrances and exits. Ramps or elevators may need to be installed to accommodate wheelchairs or other mobility aids.

Provide restrooms that are accessible to people with disabilities. This may involve widening doorways or installing handrails.

Designate parking spaces close to the entrance for disabled individuals. If the building is situated in a busy area, ensure adequate and accessible parking facilities.

6. Maintain the Building Regularly

Once the improvements have been made, regular maintenance is essential to keep the building in good condition. Neglecting maintenance can cause the building to deteriorate quickly, negating the value of your investments.

Schedule routine cleaning of both the interior and exterior. This helps maintain the building’s appeal and prevents issues like mold or pest infestations.

Conduct regular inspections of the electrical, plumbing, and HVAC systems to identify and address potential issues before they escalate. Promptly fix any damages, whether it’s a leaky roof, cracked windows, or malfunctioning security systems. Delaying repairs can lead to bigger problems and higher costs in the future.

7. Rebrand the Building

If the building is old, it might have a reputation that no longer fits its new look and function. Rebranding can attract new tenants or customers by shifting perceptions and aligning the building with modern business trends.

If the building’s name is outdated or unappealing, consider rebranding it with a new name that aligns with the type of businesses you want to attract.

Invest in professional branding services to create a cohesive brand image for the building. This could include a logo, signage, and marketing materials.

Use social media, local media, and outdoor advertising to showcase the improvements made to the building. Offer potential tenants a tour of the upgraded space.

For personalized assistance with your property needs, contact Dennis Isong, a top Lagos realtor specializing in helping Nigerians in the diaspora own property stress-free.

Contact: +2348164741041