ChrisW
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| posted on 25/9/05 at 03:12 PM |
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Anyone know about renting commercial units?
Anyone know about renting commercial property? Looking at a retail unit and on the particulars it says...
quote:
Premium:
Due to the considerable interest shown in this unit, we are instructed to look for premium offers, in excess of £xx
There's a rent amount given further up the document, so does this mean they are asking for the rent plus this premium? Or the premium is the
lowest they will accept?
Anyone shed any light?
Chris
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Triton
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| posted on 25/9/05 at 03:55 PM |
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They want as much as anyone is prepared to pay.....bit like ebay the highest bidder wins.
Be carefull though as rates are 40% of the rent if not included .......suddenly works out expensive.......been there done that now rent a nice ex-cow
shed
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Brook_lands
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| posted on 25/9/05 at 04:20 PM |
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Do make sure you are aware of what exact is and isn't included in the rent. As well as rates are you responsible for repair and maintenace as
well then you will be expected to return the unit to the same condition that it was when you took over and before you move out. Known as
dilapidations. If the landlord has to do this work after you have left, not only will you be chased for the cost of the work but probably for the loss
of rent while the work is being done. There might also be work that you have to do like paint the outside every 3 years. All adds cost. It might seem
like a pain at the time but a few hours spent reading the small print and making sure you understand everything is worth it and could save you £1000s
in the future, or a least save you from some nasty shocks.
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