The Complete Guide to Renting a Commercial Property The Complete Guide to Renting Commercial Property | Page 4

The Complete Guide to Renting a Commercial Property Picking out a Commercial Property – What Questions to Ask Perhaps the most important part of leasing a commercial property is making sure you choose the right one! What type of property are you looking for? Are you looking for a retail property, or an industrial base, or perhaps a studio? It may be, of course, that you're looking for a combination of two or three - this is especially common if you're a larger business looking for a head office. Whatever your situation is, know exactly which type of property you need before you start looking. How much space do you need? This ties in quite well with the above point; essentially, as well as knowing the details of which tasks the office will be used for, you'll need to know the specifics of these tasks. For instance, if you need an office within your industrial space, you'll also need to know how many desks you're going to need, which facilities you'll want and how much space (specifically) you'll need to fit it all in. Which on-site facilities do you require? Another key point. You'll need to make a good-sized list of ALL of the facilities you're going to need, in every area of the business. For your office, you'll need internet and telephone lines, but you might also need meeting rooms, space for presentations, audio-visual equipment as well as facilities for staff such as canteens and kitchens, bathrooms and break-out areas. Depending on where the office is based, you might not need ALL of these facilities, but ensure you've got them all covered in some capacity. The same goes for facilities in industrial and manufacturing areas of the company. What impression do you want to make? A company's offices can say a lot about the business itself. Cutting edge companies will want a cutting edge space, for example, just as a traditional solicitor's firm will want offices that give the impression of solidity and professionalism. It's possible to modify the internals of a building - and renovation is definitely an option - but ensure that you're able to achieve this within the terms of the lease b efore you make any agreements. Commercial Property – Industrial Units, Office Space to Rent 4