Are you also looking for a commercial property on rent? Have you checked all the details regarding the property? If not, then you must check a few things we have mentioned here. As renting a commercial property is not that easy how it looks. But if you will keep a check on all these things, it will become easy for you to rent a property for commercial use.
Change or modifications allowed
Make sure you check with the property owner or builder, whether any kind of change or modification is allowed or not. As you may need a few things according to your use. So, do they agree on a point for change and modifications? Also, if any improvements or repairing is required, so who will be paying for it. Other than this, you should also check whether they need to return the property in the original condition? Or the owner is fine with the changes after the return of the property also.
Take Financial Consultation
For a place like Delhi NCR, the pricing of these properties varies a lot. So, before going for pre leased property in Gurgaon, one must take the financial advice. Do check about the total rent, along with the tax, earning, and profit as well. It all depends a lot on the place where the property is. We understand that you may check all this on your own. But seeking help from any financial consultant is the best decision. As they can also guide you about the other constraints also related to renting commercial property. And taking financial advice will give you a bit of security and surety as well. Also, do not forget to check with your financial advisor, about the agreement.
Check all the clauses
As per your requirement for the commercial property, you must know the clauses as well. As in many places, there is a certain kind of restrictions. Be it regarding the marketing activity or promotional activity, or some other constraints. There are certain restrictions also in different places, so do check that as well. Because if the clauses are not going to be in your favor or if they have too much of restrictions, they will affect your overall business. Before signing the deal, do read all the clauses carefully. And choose that property only, where you can get maximum benefit in your business.
Location of the Property
There are a lot of things that depend on the location of the commercial property. In Delhi NCR, you will be able to find some of the best properties for commercial use. You may also find the pre rented commercial property for sale in Gurgaon or Noida like locations. The prices for the commercial properties in these cities are generally high. But in the commercial property sale, you may be able to get the property at the discounted price only. But before renting any property, do check the market value of that location. Also, check how good your business will work at that location.