Seeing today’s trend in the real estate market it is beneficial to take office space for rent instead of owing that place. Choosing the right kind of office space according to your business requirements is definitely a daunting task but if you take time and consider the following things than you will be able to get the right kind of rented office space that can make your business a big success.
1. Read the contract carefully: Before signing the contract for the office space, it is very important to read the contract carefully. There may be some legal issues that you do not understand and can be trapped in any legal matter, therefore it is better to consider to an attorney with experience in commercial real estate transactions.
2. Be clear and specific with the owner about the office space: Suppose you are ready to set up your business sooner, you find out that you have a portion of public areas or shared spaces that you are responsible for costs. You will feel cheated,when you have to pay for janitorial services for areas such as public restrooms, heating and cooling costs in public or shared areas. Therefore, it is very important to check and make clear with the owner of the land all these things before finalizing office space for rent.
3. Check the spacious condition of the location: The space of the office is the most important factor to be considered. Check the office space according to your business requirement. Although, office space should be big enough to accommodate your clients and workers. Ensure that you have enough room to efficiently operate and run your business. For most business starters, a smaller office is recommended, and as they grow in clienteles, changes may be made. Make sure that the office space you are renting is most appropriate for the business that you are going to run.
4. Consider the utility of your space: It is very important to check the utility of the office space for your business. Suppose you are sharing the office space with other businessperson who, according to his business requirement, uses more power, water etc as compare to your utility. In that case, it is better to place separate meter for your office that identify which portion of the kilowatt hours are actually consumed by you.
5. Be specific about the maintenance: Before you take any particular office space for rent, it is better to ask the owner about the various maintenance of the office space beforehand. Be clear with the questions like;who will pay extra for maintenance?or what if the maintenance is require by the owner in the office?, what percent of amount will you have to give as a maintenance charge?Etc.It is better to be clear in these points, so that in the end you will not be surprised by the high rent in terms of maintenance charge.
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