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Finding the Appropriate Commercial Property For Rent Choosing the best commercial property for rent can have huge benefits for small and medium businesses. Property is one of the largest overheads in your business accounts so its extremely important to find a real estate transaction that suits your business needs. Take a moment to think about the exact features of the building you need. Does your business really want you to have a great and prestigious office at this stage - could you deal with less-hired properties or even one of the managed business centers or maintenance offices that appear in many cities and towns Then you need to make sure that your business can really afford the locations you have chosen. The first step you need to make is to determine how much you really have to spend - make sure you take into account all the costs including utilities service charges and costs for maintenance insurance maintenance and of course IT. Make sure the spaces you choose are in the right place - many companies simply failed because they were not in the right place. Do you really have to be in the city center Remember how important roads and rails are. Be careful to expand your business - it makes no sense to take a 10-year leasing contract without a break reservation if you plan to double your business size for example two years. Although very few business owners are trying to buy a commercial property without involving a lawyer its surprising how many small and medium-sized businesses try to do when renting space. When leasing executive suites it is always advisable to seek qualified legal advice although the risks are not so great as the purchase of the commercial property can be extremely difficult. Renting commercial premises can link any business and potentially expensive and burdensome leasing conditions. You need to ask for advice on issues such as maintenance rent checks payment schedules business rates insurance utilities notification periods and what you will need to do to restore the property after the lease. In any case you should always think of more flexible licensing agreements in the short term if your business requirements can change because they usually require fewer long-term obligations and are easier to exit. Do not forget when you consider buying commercial rental properties that in addition to commercial real estate agents and advertising in local newspapers there are other ways to find the perfect place. In particular do not forget your network of employees friends relatives and business contacts - its simply amazing how often your network can learn about the rental or commercial property before it becomes available on the open market.

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