Tips of Finding and Finalize Short Term Commercial Leases at Bangalore

How to Finalize Short term office space

As the trends of recent economy suggests, long term office space commitments are not business-savvy. Due to this reason, many businesses comprising of small, mid and large size are heading towards short term leases which is a more economical way to get along with their business. Usually, commercial spaces are rented by companies to serve as temporary, manufacturing plants, production area and some rent a proper office setup for new business ventures.

If you are looking for an Short term space then Contact Find Space Consultants at Bangalore who can help you to find a good space. Nevertheless, the cause and purpose for renting should be taken into consideration beforehand.

There are several advantages of short term commercial leases. You should go through the article to fetch some of the valuable tips which will assist you in finding and finalising a short term lease.

• Look for lower initial investment
Short term leasing generally means high monthly rent but low initial investment. Start up companies should look for an office space where they can grow and shift to a bigger and permanent office when they are fully established.

• Very clearly mention the tenure of contract

Short term lease can be any time frame between 3 months to 10 years. Thus, you should very clearly find out and interpret the clauses mentioned in the lease regarding the duration of contract. If you need the office space for nine or ten years, better you go for long term commercial property agreement in order to cut off the huge monthly rents.

• Go for furnished offices

Go downs do not require any furnishing as such except the safety and security measures. But if you are looking to set up an office for short period of time, it is better to go for furnished space. There are numerous rental office spaces which have been already furnished with basic and advance amenities. We have well planned commercial furnished cheap offices at Whitefield which are fully furnished reach us now for a site visit. Additional charges will be levied for this added benefit, but you will figure out that it is much profitable in case of short term leases, as you cut off the expenses of transportation, relocation and packaging.

• Look for easy renewal schemes

Easy renewal schemes will help the company to extend the tenure of stay, if the place has been favourable to the office. The renewal agreement between tenant and landlord must be transparent and backed by standard legal proceedings.

• Allure landlords to get profitable transaction

 When you come across just the right place, size and location to set up your office, you can negotiate with the property owner. Allure the property owner by instantly paying the deposit and advance rent for two – three months. Also, show your interest to shift in the place immediately. Any landlord could hardly resist such lucrative offer.

• Look for a place in close proximity to other offers

While embarking on short term office space, make sure there are other profitable offers in the neighbouring places. Close proximity to other available rental spaces and property consultants will help you to shift your office swiftly, within short span of time.