Checklist for leasing commercial office space

Leasing an office space is not an easy task like purchasing vegetables in the market. You should do the study of many aspects before making any decision. Gather the data of different properties, market situation then analyze this data and hire your commercial office space. Here are some points which should consider before making any deal.

·         Area: Area is the base of the deal in the market of real estate. So check the area details of the property and confirm that you are going to pay for the proper area.

·         Documents: Check all documents of that particular commercial office space/property to avoid legal problems. Make sure that all documents are original and completed and fulfill all requirements of government and law.

·         Rate: Once you confirmed the area then go for the rate. Check what is rent for per usable square foot.

·         Market Value: Check the market value of that property and make sure that the property deserves the rent which is expected by the property owner.

·         Included and Additional charges: Check which charges are included in the rent and which are additional. Such as electricity bill, Water Supply bill, maintenance charge and government tax etc.  

·         Deposit Amount: Every property owner decides the amount of the security deposit by its own terms. Some property owners take the next few months rent in advance, and some charge a fixed amount. So confirm the amount of deposit.

·         Negotiation: Now this is the main point where you can save your much bucks and make a profitable deal. Every businessman should try to save his money wherever he can, so negotiate.

These are some important things which should consider before leasing the commercial office space.