Undertaking A Commercial Property SearchCommercial Property Search

Undertaking A Commercial Property Search
If you do a commercial property search you will find that there are a number of websites promoting premises from...  more

Office RentalOffice Rental

Office Rental
If you are looking for an office rental space then you sould look at the wide range of privately owned spaces that...  more

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Commercial Property To Let

Negotiating To Find A Commercial Property To Let

If you are looking for new business premises, an office space or other commercial property to let then you will no doubt be comparing rental rates, location, availability and suitability for your purposes.

The effort involved can be difficult and laborious. Especially if you are relying upon traditional letting agents – they are often focussed upon one type of business and may not be local to the location you are looking for.

New property websites that are completely different to some of the older established property sites enable you to input your search criteria and compare properties with simple to use menus and easy to view descriptions and photographs – even for commercial properties.

The new property sites list various categories of commercial property including factory space, shops, office space and more. All these information is available from one location and you simply choose from the drop down menu exactly what you are looking for and what location you would prefer to situate your new commercial premises.

This kind of search often yields results that would have normally have appeared as private listings in trade or local papers. So if you would like to make sure you have access to the latest commercial property to let , it is a good idea to track new listings via the Lettings Mall.

You can sign up to receive email alerts and/or text alerts when new listings that match your search criteria are added and make sure that you are at the head of the queue to arrange viewings at the most popular locations.

Commercial property to let can often be on the market for a considerable amount of time before a new lease is agreed, consider why this may be so and then try to negotiate better lease terms with the agent or owner.

Negotiation will usually involve your solicitors and an agreement can only be made aftyer all the parties involved in the process are in agreement with the terms of the lease.

As lease terms can be for a considerable period of time, you may be able to successfully request a discount in the advertised price depending on the length of time in which you wish to lease the property and the agreement you’ve made for the said property.

Of course if you are searching for a prime shop front location then this will not be the case and you will be more concerned about making sure that you secure the deal before your competitors agree a contract.

While time may be a primary factor in prime locations, you should always get your solicitor to go through the agreement and to ensure that a suitable inventory of what the agreement entails is taken before accepting to take up the property.

As with any business deal you may be able to come to a mutually acceptable agreement on a commercial property to let depending on the length of time it has been on the market and the initial asking price and the conditions attached to the offer.

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