Anytime you are contemplating opening a business or relocating your existing one, and you are searching for office space for rent, you’ll have a lot of considerations before selecting the building and signing the lease or rental agreement. Since this is one of the most critical business decisions you could be making, you want to make sure that you have left no stone unturned when comparing your options.
We have found in the past that one of most common mistakes that business owners and company representatives make is that they do not ask enough questions when they are looking for the right office space for rent. What typically results is that misinformation runs rampant and a serious disagreement between landlords and tenants in the future oftentimes is inevitable as a result.
Asking all the proper questions is imperative
The following list of questions could be the difference between enjoying your time in that office space for rent or it turning into a complete nightmare. Make sure that whenever you meet with the building landlord or the leasing agent that you ask the following questions:
What is included in the cost of the lease? Remember first and foremost that no two rental agreements or leases are ever alike. Granted, there are certain standard inclusions that all of them have. However, there will no doubt be some key differences to be aware of as well. So you want to make thorough notes about every one that you are considering. For example, you may have had your utilities included in your last rental agreement or lease. That may not be the case this time so you want to be sure you consider this.
Are there specific amenities that meet your needs? Some office space for rent is leased on an all-inclusive basis and includes certain amenities that others do not. For instance, if internet connectivity is critical to your company operations, you’re going to look for that in the terms of the rental agreement or lease. You want to know what is required to get internet access if this is the case.
If I break the lease, what penalties will I incur? Although most business owners and companies never intend on breaking the terms of their rental agreements or leases, sometimes there are circumstances that arise which make this unavoidable. You should make sure that there is a clause in your rental agreement or lease that discusses what you will be responsible for should you have to break it and close your doors or relocate.
What are the terms of the rental agreement or lease? Again, this is a case of no two are ever alike. Some terms require annual renewal while others can lock you in for 5, 10, 25, and even 99 years. Obviously, if this is your first time at operating a business and finding office space for rent, anything over a 12-month contract is not a wise idea. It will take you at least a year (maybe longer) to get your business where you want it to be.
Let us help you find an office space for rent
777 Properties, Inc. would like to assist you in your search for an office space for rent. We currently have clients in the following areas and cities:
- Coral Springs
- Central or West Broward County
- Fort Lauderdale
So if you are considering opening your business or relocating your current one to any of these fabulous Florida areas or communities, 777 Properties, Inc. has plenty of listings for you and will be happy to accompany you in your search for the right office space for rent. Please contact us with your specific office space needs by visiting the contact page at our website.