One
of the more undesirable “drawbacks” about leasing
commercial property
is that it tends to run for very long periods of time. This means you
cannot afford to push all your chips to the middle of the table only
to regret it later on. With that in mind, here are a few tips to help
you find the right commercial property to lease:
Location
Most of your employees will probably
use public transportation to get to the office. In such cases, make
life easier for employees by looking for commercial property near a
public transportation terminal. Don’t forget that a convenient
location for your employees improves your chances of retaining and
attracting good employees. Other places of interest you should look
for include restaurants and supermarkets.
Changes and Expansion
Your business needs will grow as the
years go by, which may require you to have the space remodelled. Plan
ahead and ask what kind of improvements can be made on the property
and whether or not you will have to revert the space back to its
original look when your lease is up. It’s better to know these
things beforehand, than to realise late that your landlord won’t
approve your expansion.
Subleasing
Of course, there are times when you
have no choice but to move out despite having several years left on
your lease. Before you agree to lease commercial property, enquire
about subleasing options.
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