Things you should not do while renting commercial space

Going through the Agreement, negotiation with owner, signing the papers and finally getting keys to your new business place is not only tiresome but a risky job too.  So, we have made a list of things you should not do when you are renting commercial property.

Not always in and around Commercial Centre

Advantages of Commercial centre are they are easily accessible, areas designated for commercial activities and they are well known place in the cities. But this doesn’t mean you should not look for other non-commercial places to start your business. Look for those places which are easy for the workers and customers to access your place.

Don’t compromise with the security of the building

Building should be secured with CCTVs and security guards who are available all the time. Talk about the security measures the owner has taken and if it needs improvement during negotiations. Make sure there is a proper security arrangement in place before you move in.

Also Read Things you should do before renting commercial properties in India

Never skip a line while reading Terms and Conditions

It sounds very obvious to suggest reading the terms and conditions carefully but one has to be completely aware of what they are agreeing to before signing the papers. Check for the hidden fees, additional costs and clauses which are easy to be unobserved.

Never miss to inspect the building

A quick inspection of the building where your renting space is going to be gives a clear picture of the condition in which the building is thriving. Consider checking safety measures against fire and other accidents, the condition of walls and floors, water taps, electrical and phone wiring.

Never over look minor issues

Scan for minor faults and issues so that it can be rectified at earlier stages. Maybe from neglected pest control issue or squeaky doors, contact the owner to get them fixed before you close the deal.

Hope these pointers for what not to do before renting commercial space will be a help for you when you are hunting for a new business space.