Best Tips for Renting Small Business Space !
The
fact that recession and world-wide financial crisis most outrageously affect
the working of small businesses is precisely the reason why there are a
plethora of opportunities that have been created for renting in real estate.
Experts point out that it has become a tenant market. And so the small entrepreneurs can capture
the landlords waiting anxiously to crack a great deal, remarks the owner of best warehouse in India.
Here
are some best tips for small businesses looking out for space to rent:
-The
smaller it is the better purpose it serves:
Since
the number of smaller spaces have increased over a past decade, it is most
likely that the entrepreneurs owning smaller businesses can very well consider
these many options to shortlist the space they are interested in. While earlier
landlords didn’t contemplate taking small tenants, they are today much inclined
towards diversifying, dividing bigger spaces into smaller ones, making them
available for manufacturing space for lease or rent.
-Get
any duration you want
No
matter if you are looking for a one-year lease or a 10-year one, you are sure
to negotiate all you desire you. Though earlier when the landlords with best warehouse in India, had a monopoly,
they could afford to put forth their terms without any readiness to
renegotiate. Now when things are different, you can decide the terms of lease
yourself.
-Don’t
expect much slack on security deposit
If you are planning
to move to a different space, understand that you can’t really expect much
slack on the security deposit. Mostly you are required to pay some 10% of your
lease as a deposit and trust us, the landlords wouldn’t be enthusiastic about
re-negotiating it.
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