Finding a commercial rental property that is right for you can be tricky. Knowing the right questions to ask can help the process run much more smoothly. We have put together some essential tips to remember when looking for a commercial rental property.
Security Deposits:
When you are talking over the lease, a security deposit that will have to get paid at the beginning of the contract will get brought up. Generally, this is equivalent to one month’s rent, or a portion of it paid in advance. The property manager will keep this throughout your lease and used only if any damage. At the end of the lease, it will be given back in full.
Included (and not) Utilities:
Something that can be costly is the price of services. It is essential to discuss what utilities are included and which are not.
Utilities:
Electricity
Gas – typically for head and cooking
Cable / TV
Internet
Security
Water
Trash/Sewer
Pet Policy:
We all love our furry family, but many rental properties will not let you have them in your workspace. Be sure to remember to ask if pets are allowed. If there are, it is essential to ask if there are any extra fees or size requirements.
Insurance Requirements:
A vital tip to remember is, just because your property manager has insurance that does not mean it will cover your items. A feature that you can look into or ask about is renters insurance. The insurance will protect your assets in case of any destruction.
Cost of Rent:
The final and most significant question you should ask is how much is rent. While this may seem like an obvious question which it should be, talking about rent and everything that is included is the most critical issue.
Keeping these simple tips in mind will help make your next office hunt easier. If you have any questions about property management or are ready to start looking for your next commercial rental contact Bluewater Properties today!
