5 Things to Consider Before You Choose Office Space for Rent
While it is easy enough to find a commercial property for your business, finding the perfect office space for rent that matches your business’s requirements can be a daunting task.
Here are 5 things to consider before you lease commercial real estate.
1. The Office Space
How much space does your business need? Take into account the amount of staff in the company, how many desks you have and any other equipment the business has. Also take into consideration how you will position furniture as this will determine the size and shape of the space you require.
2. The Terms of the Lease
Terms refer to the lease agreement you sign when you find the perfect office space for rent. They usually include the duration, options for renewal and termination process. Long term leases are preferable if you are an established business and plan on staying on the commercial property for the foreseeable future.
3. The Rental Price
Always make sure you understand what is included in the rental price of the real estate. A fixed rent typically includes fees and dues, but you need to understand what you are paying for.
4. Your Rights
Leased commercial property is on loan to you. You have a right to use it but you cannot mistreat it. Before you sign a lease, understand what will be permitted on the premises and where you stand when it comes to installing lights or drilling holes in walls.
5. Office Space for Rent: The Fine Print
Sometimes there are clauses in a lease that are misleading or confusing. Read the fine print to ensure the lease meets your requirements. If you need to, employ the assistance of a real estate attorney to go over the details with you.
Before you settle on the right commercial property for your business, you should ask the above questions to avoid any future unhappiness or even legal turmoil arising.
Contact RBK Realty for your business real estate needs.