Tag Archives: commercial space
Finding the right commercial space is as difficult and tricky as finding your first apartment in the city. But don’t fear. There are effective strategies you can use in your search.
Here’s what you need to remember:
- Don’t stop your search until you have at least three properties that could work for your business. Don’t hesitate to get some professional help if things get complicated. Realty & Mortgage says this will help you in negotiating better deals later on.
- Create a comparative analysis of each property’s details. This should include unit lease price, incremental expenses, leased square footage, lease terms as well as other pros and cons that you need to consider before making a decision. It goes that you need to get a comprehensive picture of each property before comparing it with the others.
- Track who’s responsible for what. In comparing property details, make sure you inquire and take note who will be responsible for the maintenance and repairs of the leased premises. These should include the air conditioning and heating systems as well as any equipment shared between you and your landlord.
- Keep your emotions at bay. Avoid emotional investments until after you’ve signed the lease. Sometimes, it’s the unnecessary emotional investment that ends up in bad decisions. This is business.
- Inquire if you are allowed to make changes. If yes, have this in writing and make sure you are on the same page with your landlord regarding the extent of renovations you wish to make.
- Check the fine print. Sometimes, it’s easy to get carried away by excitement when you finally make a decision to rent a commercial space. Read the fine print in your contract and check for clauses that could easily be missed and could lead to potential problems later.
Knowing your rights, not only your requirements, will help you find the right space for your business. An experienced rental property management company can help you in your search. But, it is best to also do your own research so you can get the best possible deals.
Commercial space is valuable in Australia and New Zealand, and rental fees are still rising in urban centres. If your organisation does not have the capacity to transfer to a larger area, you have to make better use of the space you already occupy. For instance, storing redundant or unused office equipment and furniture could be the solution you are looking for to address the limitation floor space.
Plenty of storage solutions near you
Commercial tenants also need space to keep inventory items, or equipment and materials they don’t need. Why else do business entities invest on units that can contain their possessions? Many storage companies' clients, reveals Bishop Interiors, are businesses that are moving to another market, while another significant percentage is comprised of businesses, which are downsizing their operations. For others, they need the space to accommodate plans for expansion.
Self-storage is also booming because people who are moving or selling homes need a place for their belongings. There are many companies offering various types of storage solutions in order to accommodate the rising demand from people and organisations.
No worries on security matters
Your valuable office furniture and equipment deserve a secure storage space until you have a bigger office environment. If you’re thinking you have to pay huge fees for state-of-the-art camera surveillance, you are misinformed. Current fees are reasonable. Even storage companies that work with a third party provider to fortify site security offer affordable options for business start-ups. You can continue with business operations without worrying about whether all your stored furniture and documents are protected 24/7. Because the units are structurally sound, the most reliable storage companies also offer protection from the damaging effects of harsh weather.
Large units can accommodate unused vehicles, outdated equipment, and even extra construction materials. There are also units offering a climate-controlled environment for delicate documents and furniture. Figure out what your organisation needs, and you will not have any trouble finding the right storage space.